Avani Saigon Hotel in The Grand Manhattan to offer five-star comfort
Property developer Novaland is building a five-star hotel in The Grand Manhattan luxury apartment complex in District 1, the heart of Ho Chi Minh City.
Novaland expects the combination to create synergies for the premium project.
Manhattan, New York: the origin
In Manhattan, the Sherry-Netherland Hotel building was built at 781, Fifth Avenue in the 1920s, opening a new trend. For the first time, cooperation between a hotel operator and apartment project achieved great success.
The 38-storey building with 165 apartments and 50 hotel rooms was quickly chosen by many elites at the time as a place to live. Wealthy businessmen and artists in New York immediately enjoyed an outstanding living experience, and the building became a new symbol for a luxurious lifestyle.
Fifth Avenue is famed for its high-end fashion, a symbol of New York's splendid luxury. Just a short walk away are the famous Central Park and Madison Avenue, home to many luxury fashion brands. More than 100 years old, today Sherry-Netherland Hotel still ranks among the most luxurious hotels in New York, distinguished by its "center of the center" location and highest level of amenities possible.
According to Savills Vietnam, the combination of a property developer and an international hotel management brand has recorded a growth rate of 230% in the last decade. Although North America is still the main market, this segment is shifting to other regions, especially Asia-Pacific and the Middle East.
An artist’s impression of the Avani Saigon Hotel as part of The Grand Manhattan in HCMC’s District 1. Photo courtesy of Novaland.
“Two in One”
Avani Saigon Hotel is located amid the Grand Manhattan project. Novaland desires to create five-star standard living experiences for residents and help increase the project value.
A hotel with good branding and justified service excellence like Avani will attract a large number of customers to enjoy its facilities, thus making both brands (Avani and Grand Manhattan) more popular.
Avani is an international hotel chain already present in 15 countries and managed by Minor Hotel Group, whose portfolio includes more than 550 hotels across Asia-Pacific, the Middle East, Europe, and America.
An artist’s impression of the living environment to be offered by The Grand Manhattan.
At The Grand Manhattan, Avani Saigon Hotel will take the third level to the seventh, including many high-class services in accommodation, cuisine, sports, spa...The hotel will have an overflowing swimming pool with a view of the downtown area. This is also an ideal space for successful residents at The Grand Manhattan to meet partners and discuss business with support from modern online working devices.
The Grand Manhattan has 39 floors and more than 1,000 apartments located right at the heart of the city. In addition to many high-end brands belonging to the Nova F&B ecosystem, including Dea Chang Geum, Crystal Jade, and Dynasty, the project's diverse utility system also includes a gym, yoga rooms, landscape gardens, BBQ areas, and playgrounds.
The combination of the "golden" location and an established brand resonance is expected to create solid foundations for The Grand Manhattan to become a smart choice for living and investment purposes.
- Read More
Vietnam mulls opening door for private investment in small modular reactors
Vietnam’s Ministry of Industry and Trade has drafted a parliamentary resolution that, for the first time, would allow private companies to participate in the development of small modular nuclear reactors (SMRs).
Energy - Fri, October 17, 2025 | 4:37 pm GMT+7
Kido seeks buyer for remaining 49% stake in frozen food affiliate
Kido Group (HoSE: KDC), a leading food company in Vietnam, has approved a plan to divest the firm's remaining 49% stake in its affiliate Kido Frozen Food JSC (Kido Foods).
Companies - Fri, October 17, 2025 | 4:25 pm GMT+7
Le Ngoc Quang appointed Danang city's Party chief
Le Ngoc Quang, a Party Central Committee member and Party chief of Quang Tri province, has been appointed Party chief of Danang for the 2025-2030 term - the highest position in the city, central Vietnam's economic hub.
Politics - Fri, October 17, 2025 | 4:17 pm GMT+7
T&T Group seeks to reshape north-central Vietnam’s urban landscape with major projects
Multi-sector conglomerate T&T Group is developing a model eco-urban complex in Ha Tinh province and plans to build a massive 236-hectare urban area in neighboring Nghe An, with an aim to reshape north-central Vietnam's urban landscape.
Investing - Fri, October 17, 2025 | 2:44 pm GMT+7
Toyota plans $359 mln plant expansion in northern Vietnam
Toyota Motor Vietnam (TMV) plans to invest about VND9.46 trillion ($359.2 million) in the first phase of its plant expansion project in Phu Tho province.
Investing - Fri, October 17, 2025 | 2:09 pm GMT+7
PVI Insurance sees 9-month profit before tax more than doubling
PVI Insurance has reaffirmed its position as the No. 1 non-life insurer in Vietnam, with total revenue increasing nearly 1.4 times in the first nine months of 2025 and pre-tax profit more than doubling year-on-year - surpassing its full-year targets for both revenue and profit.
Companies - Fri, October 17, 2025 | 9:08 am GMT+7
Vingroup to develop 4,600ha coastal urban project in northern Vietnam
A consortium of Vingroup (HoSE: VIC) and its real estate arm Vinhomes (HoSE: VHM) will develop a 4,600-hectare coastal urban complex in Ha An ward, Quang Ninh province, following local authorities’ approval of a zoning plan.
Real Estate - Fri, October 17, 2025 | 8:30 am GMT+7
Indonesia resumes int’l carbon trading after 4-year hiatus
Indonesian President Prabowo Subianto has issued a new decree to restart international carbon emissions trading after a four-year hiatus.
Southeast Asia - Thu, October 16, 2025 | 9:23 pm GMT+7
Investors seek 2-year delay for $2.56 bln LNG power project in northern Vietnam, citing equipment hurdles
Investors of a $2.56 billion LNG-fired power plant in Hung Yen province have proposed delaying the project’s commercial operation schedule by two years due to difficulties securing key equipment.
Energy - Thu, October 16, 2025 | 9:04 pm GMT+7
Vietnam to soon raise taxpayers' personal deduction: official
The personal income tax deduction in Vietnam is "very likely" to increase to VND21.7 million ($823,940) per month, including VND15.5 million (588,530) for the taxpayer and VND6.2 million ($235,410) for each dependent.
Finance - Thu, October 16, 2025 | 6:25 pm GMT+7
Business confidence climbs as reforms gain traction amid global headwinds: EuroCham Vietnam
The index climbed to 66.5, surpassing pre-tariffs level and reaching its highest in three years – showcasing resilience and adaptability amid global headwinds and evolving U.S. tariff pressures.
Economy - Thu, October 16, 2025 | 4:36 pm GMT+7
Vietnam's stock market watchdog suspends two Grant Thornton auditors
Vietnam's State Securities Commission (SSC) has suspended two auditors from Grant Thornton Vietnam after determining that the 2024 audited financial statements of Saigon Water Infrastructure Corporation (HoSE: SII) failed to meet required standards.
Finance - Thu, October 16, 2025 | 3:35 pm GMT+7
Law No. 56 a major policy breakthrough for Vietnam's stock market development
The Law No. 56, effective January 1, 2025, is one of the major legal breakthroughs in recent years that will enhance the transparency and operational efficiency of the Vietnamese stock market.
Finance - Thu, October 16, 2025 | 2:30 pm GMT+7
WHA Group breaks ground on smart technology industrial zone in central Vietnam
Thailand's WHA Group on Tuesday broke ground on a world-class, modern, and environmentally friendly industrial zone in central Vietnam, namely the WHA Smart Technology Industrial Zone-Thanh Hoa.
Real Estate - Thu, October 16, 2025 | 2:00 pm GMT+7
Vietnam a key partner in Murphy Oil’s global strategy: exec
Vietnam remains a key partner in Murphy Oil’s global business strategy, said Eric Hambly, the U.S. corporation's president and CEO.
Companies - Thu, October 16, 2025 | 12:06 pm GMT+7
VNPT, Qualcomm debut Vietnam’s 1st original design-based excellence center
State-owned Vietnam Posts and Telecommunications Group (VNPT) and Qualcomm have officially launched the VNPT-Qualcomm Excellence Center (VQEC), the first facility in the country to operate under an original design co-development model using Qualcomm’s core technologies.
Companies - Thu, October 16, 2025 | 8:41 am GMT+7





















