The vacancy rate at grade A office buildings in HCMC are likely to rise to 29% late this year from 4.2% now, real estate consultancy Knight Frank Vietnam has said. It also expects average monthly rent to fall to US$53 per square meter from $57 when supply increases sharply in …
Read More »Samsung Bespoke Collection Welcomes Winnie the Pooh and Friends
The newest collection shows the limitless possibilities homeowners can bring to their kitchens with a whimsical touch of fan-favourite characters SINGAPORE – Media OutReach Newswire – 7 December 2023 – Some of your childhood favourites are here to bring a touch of whimsy, enchantment, and creativity to your kitchen décor! …
Read More »NCS announces strategic partnership with Google Cloud to accelerate digital transformation in Asia Pacific
Seamless integration of AI capabilities with cloud infrastructure will be offered across Australia, Singapore, and wider APAC region. SINGAPORE AND MELBOURNE – Media OutReach Newswire – 7 December 2023 – NCS and Google Cloud announced today their strategic partnership to accelerate AI-led transformation for public and private sector organisations across …
Read More »Galaxy Cinema owner reports increased losses
Galaxy Entertainment and Education JSC, the owner of Galaxy Cinema chain, announced it incurred losses of more than VND620 billion (US$26.3 million) in 2022, up 68% from the previous year. The loss caused the company’s equity to decrease by more than threefold to VND260 billion. By the end of 2022, …
Read More »Fertilizer exports decrease
Vietnam shipped abroad 692,259 tonnes of fertilizers in the first five months of this year for more than $289 million, down 8.9% in volume and 42.2% in value over the same period in 2022, reported the Vietnam Customs. In May alone, the export volume reached 154,995 tonnes of all kinds, …
Read More »IAmCasting Revolutionizes Media Industry with Launch of New Casting App at 10th Singapore Media Festival
Connecting Asian talents, models, actors, celebrities, singers, content creators, sports stars, and performers to limitless opportunities worldwide SINGAPORE – Media OutReach Newswire – 7 December 2023 – The IAmCasting app launched today, which is also accessible via a website, is founded by Irene Ang to simplify the casting process for …
Read More »Gang investigated for smuggling three tons of gold
The Ministry of Public Security is investigating a group of 20 people suspected of smuggling three tons of gold worth VND5 trillion ($212 million) into Vietnam. The suspects include Le Xuan Tung, chairman and CEO of Phu Quy Gold Investment Company, who is also being investigated for tax evasion, ministry …
Read More »Three companies under investigation for alleged stock manipulation
Hanoi police are investigating property developer Asia Pacific Investment (API) and two related companies for alleged stock manipulation. The two other companies are Asia Pacific Securities (APS) and IDJ Vietnam Investment (IDJ). Hanoi Police announced the investigation on June 22 but did not provide specifics on which individuals are being …
Read More »Hang Lung’s Westlake 66 in Hangzhou Wins Gold Award in “Best New Mega Development” Category at MIPIM Asia Awards 2023
HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 7 December 2023 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or “the Company”) is delighted to announce that Westlake 66 in Hangzhou, its 11th large-scale commercial development in Mainland China, has won the Gold Award in …
Read More »How Bamboo Airways plans to soar under new management
Property developer Him Lam, the new owner of Bamboo Airways, plans to build an aviation ecosystem centered around the latter while expanding its presence in Asia. Bamboo Airways began flying in 2019 and became the first private carrier to operate wide-body aircraft. It quickly expanded its fleet to nearly 30 …
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