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New luxury villas to open in Da Nang   2010-11-30 - VNS

DA NANG — Ariyana Co said the first 30 of its 131 new luxury Furama villas would be available for occupancy next April.

The Furama Villas complex, for which France's Archipel Co and Australia's Smec Co are acting as consultants, will occupy a 11-ha site along the coast of central Da Nang City.

Each villa has two to four bedrooms and covers an area of 300-400 square metres.

More apartments for the Mekong

HCM CITY — Hoang Quan Real Estate JSC last week kicked off construction of a 22-storey building and apartment complex in Cai Rang District in Can Tho City, with a total investment of VND255 billion (US$12.75 million).

The project, covering 2,771sq.m is expected to be completed in two years.

Viet Nam establishes tuna association

HA NOI — The Viet Nam Tuna Association (Vinatuna) was established in Khanh Hoa province last Saturday.

With 36 members, Vinatuna aims to support its members in developing professional activities, improving operational efficiency and protecting the rights of its members in Viet Nam.

Between 2006 and 2010, 208,000 tonnes of tuna were sold, with a total export turnover of US$720 million.

Viet Nam, Laos target trade promotion

HA NOI — The Viet Nam-Lao Investment and Trade Promotion Conference was held in Pakse District, Champasak Province last Friday.

Firms from the two countries discussed and agreed on co-operation methods in growing rubber,agriculture processing and forestry products and information sharing, as well as generating jobs and boosting the two countries' export turnovers.

Saigontourist opens four-star hotel

HCM CITY — Saigontourist's Que Huong Liberty Joint-Stock Company yesterday opened a four-star hotel and began building two others, all in HCM City's District 1.

The four-star Liberty Central Hotel at 177-179 Le Thanh Ton Street will be managed by Saigontourist while the five-star Pullman Sai Gon Centre Hotel at 142 Tran Hung Dao Street and four-star Novotel Sai Gon Centre Hotel at 165 Hai Ba Trung Street will be managed by the French hotel group Accor.

Total investment for the three hotels is US$113 million. The Pullman is expected to open in 2013, and the Novotel in mid-2012.

$8m gas cylinder plant opened in Hai Phong

HA NOI — Minh Quang Investment Ltd opened a liquefied petroleum gas (LPG) cylinder plant at Dinh Vu Industrial Zone, in the northern port city of Hai Phong yesterday.

With a total investment capital of VND156 billion (US$8.2 million), the Minh Quang LPG cylinder plant will produce 200,000 cylinders per year for both residential and industrial use.

Minh Quang Investment Ltd has also invested VND290 billion ($14.5 million) on the construction of a LPG storage and gas cylinder plant in the zone.

Construction begins on delta's largest complex

HCM CITY — No8 Investment and Construction JSC (CIC8) has started the construction of a building complex in the Hung Phu urban area of Can Tho city.

With total investment of VND2,373 billion (US$118.6 million), the complex will cover 72.000sq.m and is scheduled for completion in 2014.

It will consist of 16 buildings, 4,000 apartments, parks, healthcare services and education and sports centres. When completed, it will be the largest of 20 building complexes in the Cuu Long (Mekong) Delta region.

Viet Nam, China Expo to open in Cultural Palace

HA NOÏ — Viet Nam-China Expo 2010 will be held at the Ha Noi Friendship and Cultural Palace from December 1-6.

The exhibition will house 400 stalls showcasing handicraft products, gold and jewellery and agricultural products such as fertiliser and insecticide.

Other news

Hanoi real estate market: both western and eastern areas can bring profit   2010-11-29

Real estate bubble – the accessory to inflation   2010-11-23

Foreign franchises dominate real estate sector   2010-11-14

Ha Noi real estate sales to slow   2010-11-08

Houses for low income earners difficult to obtain   2010-09-21

Commercial banks pour 210 trillion dong into real estate   2010-09-16

High grade apartments sit empty and silent   2010-09-14

Ha Noi property market goes west   2010-09-04

Apartment buyers feel sick watching dollar rise   2010-08-23

Shopping malls set to brand HCM City, suburbs   2010-08-23

“Green” real estate becomes fashionable in HCM City   2010-08-17

Green light for local real estate market   2010-07-03

Capital flow running into real estate sector   2010-06-04

Key office projects set to up the ante   2010-05-30

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