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Update news hospitality
Upscale hotels are facing enormous difficulties due to the recent Covid-19 pandemic. Their solutions to the dilemma have been very creative.
The Hanoi People’s Committee has just proposed the government to extend the operational duration of boutique hotel Metropole Hanoi to 70 years, surpassing the framework of current regulations.
With restaurant and café chains struggling amid COVID-19, thousands of employees in the service sector could lose their jobs.
Despite the COVID-19 outbreak piling pressure on the toughest segments of the real estate market in hospitality, retail, and industrial property, positive signs have also been unearthed.
Cash flow shortages could put several hospitality developers in Vietnam into financial pressure, forcing them to offer their projects for sale.
Recapital Investments Pte., Ltd. officially sold its majority stake in Ninh Van Bay Travel Real Estate JSC and withdrew from the Board of Directors.
New supply and absorption see rapid rises in Q2 according to consultants DKRA.
“Ruou can” is an indispensible rice wine at important events such as the New Year celebration of ethnic people in the Central Highlands.
Mai Sen Bistro on Nguyen Van Lac Street, HCM City, is more than just a good restaurant that offers European and Asian dishes.