The Ministry of Finance in Hanoi (MOF) just revealed some proposed contents of the long-waiting casino business decree (Casino Decree).
Only 02 casinos are open to Vietnamese individuals on a 3-year piloting scheme, which are located within complex resorts in Phu Quoc District, Kien Giang Province (South Vietnam) and Van Don District, Quang Ninh Province (North Vietnam).
Local players are permitted to enter casinos if they essentially satisfy 04 following conditions:
21 years old or above;
Monthly salary of VND10 million or more (equivalent […]
BANGKOK – Asia’s booming tourism industry, a key force driving the region’s economies, has triggered calls for governments to boost investments in vital infrastructure to ensure the industry remains sustainable.
Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA), said Asia’s economic growth and rising local incomes had supported robust growth. But Herdman said the industry faces challenges in meeting capacity with additional infrastructure.
“The challenges are whether the infrastructure keeps up – and by infrastructure we mean airports, […]Read more
Savills has reported that Ho Chi Minh City will see 16 new hotel projects from 2017 to 2019 supplying approximately 3,500 rooms.
More than 700 rooms from five existing three- to four-star hotels are also awaiting ratings approval.
In the fourth quarter of 2016, one three-star hotel completed renovations and five new three-star hotels supplied more than 440 rooms. “Ho Chi Minh City’s hotel stock was more than 15,900 rooms from 130 projects, up 3% quarter-on-quarter and 8% year-on-year,” the report stated.
Average […]Read more
The current highly competitive and challenging nature of the hotel accommodation business in Bali is precipitating a wave of changes in management contracts and the rebranding of local properties.
As reported by Kompas.com, Colliers International Indonesia has recorded a total of eight hotels in Bali who changed their branding during 2016.
Ferry Salanto, Senior Associate Director of Research for Colliers International Indonesia, reports that the eight hotels changing brands in 2016 were comprised of two three-star hotels, four four-star hotels, and one […]Read more
Set on a verdant hillside overlooking some of Thailand’s most celebrated beaches, Avista Hideaway Phuket Patong MGallery by Sofitel’s prime location is the perfect setting for a private hideaway for families and couples seeking tranquil island adventure.
While drawing its inspiration from the traditional culture, arts and way of life of the local villages, guests will find all of the luxurious comforts and amenities they have come to expect from MGallery by Sofitel.
“MGallery by Sofitel are AccorHotels’ collection of inimitably enchanting, […]Read more
YTL Hotels is delighted to announce two Autograph Collection Hotels in Kuala Lumpur, an ensemble of exclusive independent hotels by Marriott International. January, 2017 marks the brand’s entry into Malaysia, creating a new chapter for The Majestic Hotel Kuala Lumpur as the first Autograph Collection Hotel. The Majestic Hotel Kuala Lumpur is now established as part of the Autograph Collection of iconic historic hotels where the allure of a city’s distinctive past meet all of today’s modern luxuries and stylish […]Read more