Surge of local players fence off foreign investors in hospitality sector
InvestmentIndochina Capital Chief Operating Officer Michael Piro talks about emerging destinations for hospitality investment in Vietnam.
SonKim Land aims for IPO and expansion beyond Ho Chi Minh City following biggest fundraising
MarketHo Chi Minh City-based property developer SonKim Land has managed to raise additional capital from existing and new investors in early August and its CEO Andy Han Suk Jung now shares with TheLEADER on how it will spend the fund to back its future growth and upcoming IPO.
Booming condotel inventory puts hotel occupancy under pressure
MarketThe rapid growth of Airbnb and condotels is posing significant challenges to traditional hotel business in Vietnam.
Van Phu - Invest ventures into tourism property
ProjectsThe Hanoi-based developer is set to invest $132 milllion in a tourism complex in the central province of Thua Thien Hue.
