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Saigontourist News

Saigontourist Starts New Works

“In the process of building brand names to penetrate the regional and global markets, Saigontourist is focusing on improvement of infrastructure and service quality, diversification of products, as well as offering high-end products to MICE (meetings, incentives, conventions and exhibitions) tourists, training people, marketing and advertising, application of new technology and modern management methods,” said Nguyen Huu Tho, general director of Saigontourist.

As regards product diversification and upgrading product quality, Saigontourist concentrates on upgrading infrastructure, facilities, and expanding and developing infrastructure and services in HCM City and other localities nationwide.

In HCM City, Saigontourist is focusing on construction, expanding hotels and office buildings, commercial and conference centers, to aim five-star standard. The company targets to expand to at least 6,000 rooms of five-star standard in the next five years to meet the increasing demand. Saigontourist is now carrying out works on the Rex, Saigon Exhibition and Convention Center, M&C Building, and Grand Hotel. Works on Majestic, Kim Do, and Continental will also start soon.

Saigon M&C Building

On August 9, at 34A Ton Duc Thang St., Dist. 1, HCM City, Saigon M&C Real Estate Joint Stock Company held a groundbreaking ceremony for Saigon M&C Tower. The building is built on an area of 6,672 square meters with the construction density of 48%. The building is surrounded by Ham Nghi, Ton Duc Thang and Ben Chuong Duong streets.

This project includes a six-story building of 23,000 square meters dedicated to a commercial center, a 34-story office building of international standard with a total area of 49,000 square meters, a 133-apartment building and other convenient facilities. Total investment for this project is US$200 million. The building is expected to be operational by 2010.

When it is put into use, Saigon M&C will be one of tourist attractions able to serve foreign investors who have been working in Vietnam,” said Tho. Tho is also chairman of Saigon M&C Real Estate.

Saigon M&C Real Estate is a joint venture between Saigontourist Holding Company, M&C Joint Stock Company, Dong A Commercial Joint Stock Bank, and Dong A Bank Securities Co. The Prime Minister and the city’s authorities approved the project in October 2005.

Expanding Grand Hotel

On August 11, Saigontourist held a ceremony to upgrade Grand Hotel at 8 Dong Khoi St., Dist. 1. The project includes 20 floors, two basements for parking and one basement for technical staff. There will be 233 rooms, of which 170 rooms are newly-built and 63 rooms are upgraded. Total investment for this project is about VND328 billion. It is expected that the project will be completed and put into use by 2009.

The hotel, located in the city’s downtown on Dong Khoi, Ngo Duc Ke and Ho Huan Nghiep streets, will have facilities and services of five-star standard. It will help serve opulent tourists when they travel to HCM City.

Grand Hotel has a very good location, that is nearby the Saigon River. It is one of the oldest hotels in HCM City. In 1930, it was officially open to the public. Though being upgraded to the four-star standard, the hotel still remains its old features. At present, it has 27 suite rooms with classical design following French architectural style and 80 other rooms of international standard. Besides, it also offers other services like Chez-nous and Belle-Vue restaurants, Des amis Bar and Cafe Eden. These places offer guests with Vietnamese, Western and Chinese foods. Services like wedding banquets, birthday parties, and buffets are also available. (Tien Dat - Marketing & Hotel Management Department - August 18, 2007)

SaigontouristHolding Company
Add: 23 Le Loi St., Dist. 1, HCM City
Tel: 8225887, Fax: 8291026

Grand Hotel
Add: 8 Dong Khoi St., Dist. 1, HCM City
Tel: 8230163, Fax: 8235781
Saigon M&C Tower
Add: 34A Ton Duc Thang St., Dist. 1, HCM City

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