Many large businesses in tourism, accommodations and transport, and five-star hotels and resorts are expected to see a boom after two years of stagnation.
Vietnam has six representatives among the top 25 resorts in Asia in this year's annual Readers' Choice Awards voted by readers of British magazine Condé Nast Traveler.
Peter Cuong Franklin Chef-Founder Of Anan Saigon (#39 On Asia’s 50 Best Restaurants, 2021)
Chef Peter Cuong Franklin, a Vietnamese-American Yale graduate, is the chef owner of Anan Saigon restaurant, Nhau Nhau cocktail bar & Pot Au Pho noodle bar, all located in Chợ Cũ, the oldest wet market in the center of bustling Saigon. He was an investment banker in New York, London and Hong Kong before following his passion to become a chef and restauranteur about ten years ago. Chef Peter ran two successful restaurants in Hong Kong before returning to Vietnam about five years ago to open Anan Saigon. The Harper Bazaar’s Chef of the Year also works with local charities such Saigon Children’s Charity, KOTO – Know One, Teach One and STREETS International, helping disadvantaged youths to gain a future in F&B. His restaurant Anan was recently voted No. 39 in Asia’s 50 Best Restaurants 2021 and Chef Peter was included in Tatler Asia’s Most Influential Tastemakers List 2021.
Investment funds withdraw massive capital over COVID-19 resurgence 16:24 | 23/02/2021
Investment fund Seedcom divested three fashion store chains
The Vietnamese market a few days ago was rocked by news that local investment fund Seedcom divested a series of fashion store chains such as Eva de Eva, Juno, and Hnoss. The move took place as the health crisis has interrupted the economy again.
To Thi Dung, founder of Eva de Eva said that Seedcom had been focusing on e-commerce and raising the number of points of sale. However, since last year, the plan was interrupted by the pandemic.
Under the COVID-19 lockdown, people have been spending more time at home, resulting in less demand for clothing and fashion items. Indeed, fashion chains have been experienced losses for years now. Coupled with the difficulties from last year, it is understandable why the fund is making an exit.