Helicopter Corporation to sell 20.3 million shares of MBLand Holdings The Vietnam Helicopter Corporation (VNH) will auction 20.3 million of its shares in property developer MBLand Holdings with the beginning price of 12,366 each on October 26. According to the Ha Noi Stock Exchange, VNH holds a 31 per cent stake in MBLand Holdings. VNH is expected to collect a minimum VND251 billion from the sale. MBLand, formerly known as MB Real Estate JSC, was established on January 25, 2008 by two major shareholders, Military Commercial Joint Stock Bank (code: MBB) and VNH. After nine years of establishment and development, MBLand Holdings now has an ownership capital of VND800 billion, total assets worth VND2 trillion and charter capital of VND653.7 billion. MBLand Holdings has 18 shareholders, including 12 organisations and six individuals. The main shareholder of MBLand Holdings is MB Bank with the ownership ratio of over 65 per cent, or nearly 42.7 million shares. In early … [Read more...] about BUSINESS NEWS IN BRIEF 13/10
Competition oriented pricing
Susan Tompor Detroit Free Press Published 1:10 p.m. UTC Jun 15, 2018 No doubt, Ford's purchase of the old Michigan Central Station will transform Detroit's iconic landmark, along with a good stretch of Michigan Avenue. Could all the excitement, though, work its way from Michigan Avenue to Wall Street? Will the out-of-the-boxy Glass House thinking put some spark in Ford's languishing stock price? One might hope that Ford's creative commitment to Detroit could give investors more confidence in Ford's ability to transform its business, capture top talent and play a major role in the mobility market. After all, a cool campus in Detroit could rival work environments for places like Google and Apple. For Detroiters, we're looking at an amazing next chapter in the city's revival, just five years after the city of Detroit filed for bankruptcy. "It legitimizes Detroit's comeback," said Mike Ramsey, a Gartner analyst who tracks autonomous technology. The abandoned … [Read more...] about Will Ford’s Detroit train station purchase spark its stock price?
Deputy PM Truong Hoa Binh (Photo: VNA) Binh made the statement while delivering a report on supplementary assessment of socio-economic development results in 2017 and the first months of 2018 as well as key tasks and solutions for the coming times at the 14th-tenure National Assembly’s fifth session, which kicked off in Hanoi on May 21st. He said that the Government’s management work will follow the orientations of building on achievements gained from the beginning of this tenure, especially in 2017 and the first months of 2018, pressing ahead with the drastic and synchronous implementation of tasks and measures set in the Party, National Assembly and Government’s resolutions, and avoiding subjectivity in steering and administration. The Government will keep a close watch on the domestic and international situations in order to make suitable and timely reactions, while paying attention to addressing newly emerging issues, tackling existing shortcomings and weaknesses, … [Read more...] about Deputy PM stresses need to improve national competitiveness at NA…
The fast-changing hospitality industry is offering many opportunities for developers to expand the number of rooms and market their properties to future new categories of guests like millennials, according to hospitality experts.- Photo cafef.vn Vietnam has experienced unprecedented growth in the hospitality sector in recent years, Do Hong Xoan, chairwoman of the Vietnam Hotel Association, said. Most hotels and resorts have had an average occupancy rate of nearly 60 per cent this year, Xoan said at a conference on hospitality investment held yesterday in HCM City. Many hotels are being built, and quite a few projects will be launched in the near future. Most upscale hotels and resorts are managed by a well-known international brand, resulting in good quality and services. At popular tourist destinations, the number of accommodation facilities has surged in the last few years, Xoan said. Last year, 25,600 accommodation facilities with a total of 508,000 rooms across the country were … [Read more...] about Changing face of Vietnam hospitality
Whether you want to swim, sunbathe or play along miles of fine, white sand or find a quiet spot to surf, fish or look for wildlife, you can dive right in at one of these Long Island beaches. ASHAROKEN BEACH ASHAROKEN BEACH, Asharoken Avenue, Fort Salonga, 631-261-7574. Beach: 535 feet on Northport Bay. Lifeguards: 10 a.m.-6 p.m. May 27-Sept. 4. Boat ramp, small-boat racks, swim lessons (fees for all). Seasonal parking permits for town residents are $40 at beach entrances. Free permits available to 60 and older at Centerport Beach. Without permit, daily parking is $25 for residents, $35 nonresidents. Boat ramps at beaches are for residents only; $30 per boat for season (plus beach permit). ATLANTIC AVENUE BEACH ATLANTIC AVENUE BEACH, at end of Atlantic Avenue, off Route 27, Amagansett. Beach: 700 feet on ocean. Lifeguards: Call. Food stand, sand wheelchair, surfing area. For information on all beaches, call 631-324-2417 or visit ehamptonny.gov. ATLANTIQUE BEACH AND MARINA … [Read more...] about Long Island beaches: Jones Beach, Robert Moses and more