Hanoi: Five-star hotel occupancy rate only reach 52%

06:03' 23/04/2009 (GMT+7)

Many five-star hotels do not want to cotinue to reducing room rate because they are afraid that it will be hard to increase cost when the market recovers.

Jetstar Pacific increases flights on domestic routes

VietNamNet Bridge - The low-cost carrier Jetstar Pacific (JP) will increase a series of flights on domestic routes between big cities such as Ho Chi Minh City, Hanoi, Danang, and Can Tho from June 1st.

Vietnam’s telecom market to open wide

VietNamNet Bridge – The draft Telecommunications Law, with six chapters and 66 articles, was put forward for discussion at the National Assembly Steering Committee on April 20.

Tourists heading to Sa Pa en masse for upcoming holiday

VietNamNet Bridge – The nation’s unification day (April 30) and May Day still a week away, tickets for the Hanoi-Lao Cai trains for the holiday are all sold out. All hotels and inns in Sa Pa are fully booked.

Macau keen to help Vietnam expand trade ties

The Chief Executive of the Macau Special Administrative Region, Edmund Ho Hau Wah, said that Macau is willing to help Vietnam discover new economic and trade ties with Portuguese speaking countries around the world.

HCM City hosts Asian corporate conference amid global downturn

Asia Society, Vietnam’s Ministry of Planning and Investment, and The Wall Street Journal Asia are co-organizing the 19th Asian Corporate Conference in Ho Chi Minh City on April 22-24, bringing together senior government and business leaders from around the world.

Prime Minister Nguyen Tan Dung, who is slated to give the opening keynote address at the 19th Asian Corporate Conference in Ho Chi Minh City

 Japan's FamilyMart seeks growth in Vietnam

Japan's third-largest convenience store chain, FamilyMart Co Ltd, said it plans to open its first store in Vietnam, targeting growth in Southeast Asia as it faces weak prospects in its mature home market.

 StanChart to open fully owned Vietnam bank

Standard Chartered Plc said on Tuesday it would start operating a wholly owned bank in Vietnam in June, the second lender in the country to be fully owned by a foreign bank after that of HSBC.

WB helps modernise Vietnam’s financial sector

A concessional credit of nearly US$60 million to modernise Vietnam’s financial sector was signed by the State Bank of Vietnam (SBV) and the World Bank (WB) in Hanoi on April 21.

 Explorers find world's largest cave in Vietnam

Explorers have recently discovered a cave that is much larger than the world’s biggest known cave.