RISIS expands its footprint in Vietnam

The office, located at the Saigon Trade Centre in HCM City District 1, will also serve as the company’s launch pad to penetrate Cambodia and Laos. Cityneon Managing Director Ko Chee Wah said that the presence of its office in Vietnam reflects his company’s long-term commitment to establishing a firm foothold in the country’s fast-growing real estate development market. “We are very excited about doing business in Vietnam as it is a promising market, thanks to its continued economic growth, and also the gateway to other markets in the region,” Ko said. Cityneon has also won a contract worth US$5 million to participate in the MGM Ho Tram project in the southern province of Vung Tau. By getting involved with Singaporean and Japanese firms working on big projects, as well as the US$1.2 billion project with Becamex IDC in Binh Duong city, Cityneon expects to continue its success in Vietnam. Real estate project tops FDI attraction list Foreign fund eyes Vietnam’s real estate Real estate investors riding out hard times... [read more]

Standard Chartered expands HCMC office The Saigon Times Daily HCMC - The UK Minister of State for Trade and Investment, Lord Green, on Tuesday cut the ribbon to open the Standard Chartered Bank Vietnam’s expanded office in HCMC. The expansion of the bank’s office in the city makes it possible to accommodate its growing business and headcount in the country’s south. With the new office for wholesale banking business and support functions, adjacent to the existing consumer banking office, the bank is now the sole occupant of a floor of the Saigon Trade Centre in District 1. Louis Taylor, general director of Standard Chartered Bank (Vietnam) Ltd., said: “The new premises in HCMC mark another milestone of our business in Vietnam. This represents a significant upgrade in the standard of our working space in the south, where we are investing more resources to capture the business opportunities available here.” Last year the bank relocated its Hanoi head office to KeangNam, the tallest building in Vietnam. Standard Chartered now has three branches and employs nearly 700 staff.... [read more]

Germany's leading chemical company BASF celebrated the opening of its new Vietnam office at Saigon Trade Centre in Ho Chi Minh City's District 1 on June 25. Photos: Le Toan The new office has brought together BASF workforce in one location, Suite 1101, instead of different suites on different floors of the same building. By incorporating BASF solutions for smart design, the new office will reduce emissions and waste while providing more than 100 employees with an employee-friendly work atmosphere where they can even better interact and collaborate. The new design aims at enhancing energy efficiency through a range of features such as open spaces, natural light and ventilation that help to save energy while supporting employees' well-being. Photos: Le Toan A number of BASF products and solutions are used, including BASF's water-based Acronal ECO product series as the interior decorative paint, which helps improve indoor air quality with low odour and low volatile organic compounds. In addition, the MasterTop product ranges are used in the 50-square metre cafe area with river views. Carpets made from recycled materials and FSC (Forest Stewardship Council) certified wood are also used. BASF Vietnam's managing director Petrus Ng said, "By using our own BASF materials in our office, we demonstrate our confidence that our solutions can help address the challenges of sustainability. We also believe the refreshing work environment will bring in higher job satisfaction to our BASF employees." BASF set up the Vietnam firm in 2009. Apart from its head office and production…... [read more]

Germany's leading chemical company BASF celebrated the opening of its new Vietnam office at Saigon Trade Centre in Ho Chi Minh City's District 1 on June 25. Photos: Le Toan The new office has brought together BASF workforce in one location, Suite 1101, instead of different suites on different floors of the same building. By incorporating BASF solutions for smart design, the new office will reduce emissions and waste while providing more than 100 employees with an employee-friendly work atmosphere where they can even better interact and collaborate. The new design aims at enhancing energy efficiency through a range of features such as open spaces, natural light and ventilation that help to save energy while supporting employees' well-being. Photos: Le Toan A number of BASF products and solutions are used, including BASF's water-based Acronal ECO product series as the interior decorative paint, which helps improve indoor air quality with low odour and low volatile organic compounds. In addition, the MasterTop product ranges are used in the 50-square metre cafe area with river views. Carpets made from recycled materials and FSC (Forest Stewardship Council) certified wood are also used. BASF Vietnam's managing director Petrus Ng said, "By using our own BASF materials in our office, we demonstrate our confidence that our solutions can help address the challenges of sustainability. We also believe the refreshing work environment will bring in higher job satisfaction to our BASF employees." BASF set up the Vietnam firm in 2009. Apart from its head office and production…... [read more]

The UK Minister of State for Trade and Investment, Lord Green today performed the official opening of the Standard Chartered Bank Vietnam's expanded office in Ho Chi Minh City. Following last year's relocation of the bank's Hanoi head office to Keangnam, the tallest building in Vietnam, the bank has now expanded its office in Ho Chi Minh City to accommodate its growing business and headcount in the south. With the new office for Wholesale Banking business and support functions, adjacent to the existing Consumer Banking office, the bank is now the sole occupant of a floor of the Saigon Trade Centre at 37 Ton Duc Thang, District 1. The new office follows the bank's global workplace standards and is fully equipped with modern technology systems to ensure best service to its clients and customers. "The new premises in Ho Chi Minh City mark another milestone of our business in Vietnam. This represents a significant upgrade in the standard of our working space in the south, where we are investing more resources to capture the business opportunities available here," Louis Taylor, general director of Standard Chartered Bank (Vietnam) Ltd. said. Having been in Vietnam since 1904, Standard Chartered is one of the oldest banks present in Vietnam. The bank brings world-class expertise, products and services to the Vietnamese market with a focus on sustainable business for its clients and customers, as well as on investing in communities. By Hoang Anh... [read more]

Johnson Controls, a global leading company offering products and services to optimize energy and operational efficiencies of buildings, has recently named AppliancZ Vietnam Joint Stock Company as its sole distributor of York control system solutions and water coolers in Vietnam, including construction management system, fire alarm system, closed-circuit television camera (CTTV), entry - exit security solutions, and after-sales service. Johnson Controls Building Efficiency Asia (JC) and AppliancZ Vietnam signed an exclusive distribution contract in Hanoi. Since January 2011, AppliancZ Vietnam has become an appointed distributor of air conditioners in the array of York central air conditioning system and building energy saving products. AppliancZ Vietnam made a successful record in support of Johnson Controls - York in Vietnam. With the strategic partnership with Johnson Controls, AppliancZ Vietnam has the knowledge and expertise to promote York air conditioners and energy saving products for buildings. Johnson Controls Building Efficiency Asia and AppliancZ Vietnam have cooperated in supply services and solutions to some biggest buildings in Vietnam like Potro Vietnam Tower, Metropolitan Power and Saigon Trade Centre. Anh Son... [read more]

A man in HCM City was recently discovered to have set up 37 enterprises with the same headquarters in the space of just over one month. Vo Van Vi also established two companies in 2009 that have yet to earn any revenues. False headquarters All 37 enterprises established by Vi have the same headquarters in a room on 31st floor of Saigon Trade Centre at 37 Ton Duc Thang, District 1, HCM City. The firms are all subsidiaries of the VTI Group Joint Stock Company or VTI Group, which is headquartered on the 5th floor of Indochina Riverside Towers at 74 Bach Dang, Danang City. The VTI Group website claims that they have 18 subsidiaries in cities throughout the world including New York, London, Singapore, Sydney, Toronto, Johannesburg, and Vienna, in addition to subsidiaries in Hanoi and HCM City. However, in fact, the headquarters of the 37 enterprises is just a small room in HCM City that VTI Group hired from Singapore's City Hub, a virtual office leasing firm headquartered at Room 14 on 31st floor of Saigon Trade Centre. Nguyen Tuan An, who claimed to be the VTI Group's chief accountant, said that the group's personnel was comprised of only four members with Vo Van Vi, 31, acting as general director. The reality of the group's business activities is far removed from their grandiose claims. According to An, the group operates in real estate with a focus on high-end apartments and offices for rent in Danang. However, the group…... [read more]

The first integrated township development with a giant Central Park, located north of Ho Chi Minh City, is envisaged to be the preferred address of the young and vibrant community seeking quality living environment in a modern township. Natural living within a modern township Besides offering modern amenities and facilities, the unique features of Celadon City lies within its strategic master plan of building ideal homes within its 16 hectares of expansive parkland and lakes. The concept of delivering a sustainable and healthy living environment is the company's vision in enriching life of the society. The Celadon City township master plan is designed to create a healthy living environment within its expansive green parklands and lake gardens where residents can spend quality times with their families and friends. It is planned and designed based on its proven philosophy of quality - quality design, community and amenities, healthy lifestyle and safety and security - in ensuring the delivery of a balanced and peaceful living in harmony with nature. Green environment, Quality Life Green represents life and it symbolises growth which brings vitality and comfort to human lives. Based on its development concept, 'Green' was adopted as the official colour theme, as reflected by the large landscape parklands surrounding the overall master plan of Celadon City. Major roads leading to the park and future residential and commercial address will be embraced by matured trees with shady branches that provide a natural canopy to its residents as well as visitors to the park.…... [read more]

Thirty-seven, sixty-eight, seventy, even 102 storeys - in Hanoi and Ho Chi Minh City, bigger and bigger buildings are reshaping the skyline. Most skyscraper projects have been developed by heavyweights in Vietnam's real estate sector. In the south, everyone's heard about Bitexco's 68 storey 'Bup Sen' (Lotus)FinancialTower in Ho Chi Minh City.It's been under construction since 2005 and will be completed at last this year. The Bup Sen tower will dethrone the 37 storey Saigon Pearl and the 35 storey the VCB - Bonday - BenThanhTower and Saigon Trade Centre buildings as Vietnam's highest structure. However, the BupSenTower won't keep its title for long.By 2012, the Keangnam Group's HanoiLandmarkTower will top out at 70 storeys.The South Korean firm is investing $1.05 billion in the skyscraper on Pham Van Dong Street in Cau Giay District. The LandmarkTower could lose bragging rights in turn to another building planned for Hanoi.Ocean Group and PetroVietnam signed an agreement on May 7 to build the 102 storey PVNTower at a cost of $1 billion. It's often heard that building skycrapers will give Vietnam more 'international stature' and attract more investors and tourists to Vietnam.In a number of other rising nations, skyscrapers have become icons.Dubai has its Burj Khalifa tower (168 storeys), a building in Taiwan is 101 storeys and Malaysia has the 88 storey Petronas twin tower, for example. According to Johan Nyvene, General Director of the HCM City Securities Company, only availability of capital and investors' business capability limits the height of skyscrapers.Real estate…... [read more]

Three Vietnamese companies have been listed in the 2007 Retail Asia-Pacific Top 500 selected by regional trade magazine Retail Asia Publishing. The three companies, all from Ho Chi Minh City, were the Commercial Cooperative Union (Saigon Co.op) receiving the gold award for the fourth time, the Saigon Jewelry Holding Company (SJC) winning its second silver, and the Saigon Trade Centre getting the bronze for its first time. The Saigon Co.op was also selected as one of top 10 most efficient retailers in the region. The awards ceremony was held in Tokyo, Japan, on October 11. The annual awards, beginning in 2004, honour top 500 performing retail companies in 14 regional economies, namely Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, the Republic of Korea, Thailand, Taiwan and Vietnam.  ... [read more]




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