Marriot International has announced plans to expand the presence of two of its world-class luxury hotel brands, the Ritz-Carlton and JW Marriott, in Vietnam by 2014. They have chosen the Quy Nhon area in Binh Dinh province for two hotels. The project is a joint venture between Marriott and Vietnamese-American Hotel and Resort Limited Company, [...]

Thanks to the Vietnamese state owned bank, AgriBank which has tightened up on it’s lending policy to calm down the overheating property sector, investors have turned their attention to a new sector to Vietnam – the Timeshare industry. Mention must also be given to the brave resort owners, and developers who have grasped this new [...]