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
Dragon Capital-managed VEIL plans trio of 10% tender offers
Vietnam Enterprise Investments Limited (VEIL), the largest foreign-managed equity fund in Vietnam, has announced a tender offer for up to 10% of its issued share capital, with the option to conduct up to two additional tenders over the next year.
Finance - Sat, December 20, 2025 | 11:19 pm GMT+7
Vingroup builds development hubs across multiple sectors
With the groundbreaking and inauguration of 11 large-scale projects on Friday, Vingroup (HoSE: VIC), Vietnam's biggest listed company by market cap, reinforces its role as a pioneering private enterprise in urban development, infrastructure, energy, and industry.
Investing - Sat, December 20, 2025 | 6:32 pm GMT+7
Kinh Bac breaks ground on $437 mln industrial park in northern Vietnam province Thai Nguyen
Kinh Bac City Development Holding Corp (HoSE: KBC) on Friday broke ground on the VND11.5 trillion ($437.06 million) Phu Binh Industrial Park project in Thai Nguyen province.
Industrial real estate - Sat, December 20, 2025 | 5:46 pm GMT+7
Construction giant Fecon starts work on Hanoi metro line, northern Vietnam rail link
Fecon, a leading Vietnamese construction group, on Friday broke ground on two major rail projects: a metro line in Hanoi and a strategic railway linking the capital city with northern localities.
Infrastructure - Sat, December 20, 2025 | 2:08 pm GMT+7
SJ Group to build smart urban area in western Hanoi to bolster Hoa Lac High-tech Park
Vietnam's leading developer SJ Group JSC is outlining plans for its over 1,200-hectare Tien Xuan Smart Urban Area project in Hanoi, which is expected to be a residential and service hub of the Hoa Lac science and technology city.
Real Estate - Sat, December 20, 2025 | 10:36 am GMT+7
Indonesia to deepen role in global semiconductor supply chain
Indonesia is rolling out efforts to identify opportunities and map its natural resources to support the semiconductor industry, as part of a broader strategy to build domestic industrial capacity.
Southeast Asia - Sat, December 20, 2025 | 9:36 am GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Sat, December 20, 2025 | 8:00 am GMT+7
Northern Vietnam port city Hai Phong charts sustainable growth path for free trade zone
The establishment of Hai Phong Free Trade Zone (FTZ) is a strategic direction that will elevate the role and position of Vietnam in general and Hai Phong in particular within the global value chain, heard a conference held in the northern port city last week.
Economy - Fri, December 19, 2025 | 8:12 pm GMT+7
Construction begins on $32.5 bln Red River Scenic Boulevard project in Hanoi
The gigantic project Red River Scenic Boulevard, with a preliminary investment of about VND855 trillion ($32.49 billion) in Phu Thuong ward, Hanoi, broke ground on Friday.
Real Estate - Fri, December 19, 2025 | 4:57 pm GMT+7
Major Vietnamese groups kick off mega projects in south-central Vietnam
Vingroup, BIN Corporation, Hoa Phat, and FPT simultaneously broke ground on large-scale projects in south-central Vietnam on Friday, raising expectations for new national growth momentum in the coming period.
Economy - Fri, December 19, 2025 | 4:36 pm GMT+7
Mega-airport Long Thanh in southern Vietnam welcomes first passenger flights
The first passenger flights touched down at Long Thanh International Airport in Dong Nai province on Friday morning, marking the inaugural civil aviation operation at Vietnam’s largest airport.
Economy - Fri, December 19, 2025 | 2:07 pm GMT+7
Vingroup starts work on $35.2 bln Olympic Sports Urban Area on Hanoi outskirts
Vingroup (HoSE: VIC), Vietnam's leading private conglomerate, on Friday broke ground on its 9,171-hectare Olympic Sports Urban Area project in Hanoi, which is expected to become a new growth engine for the southern part of the capital in the next decade.
Real Estate - Fri, December 19, 2025 | 1:59 pm GMT+7
Vietnam telecom giant VNPT establishes AI company
State-owned Vietnam Posts and Telecommunications Group (VNPT) on Thursday launched subsidiary VNPT AI, aiming to bring Vietnamese AI products to international markets.
Companies - Fri, December 19, 2025 | 11:50 am GMT+7
Quang Ngai Sugar develops sugar, biomass power projects worth $179 mln in central Vietnam
Quang Ngai Sugar JSC (UPCom: QNS), a top sugar producer in Vietnam, will simultaneously hold groundbreaking or inauguration ceremonies on Friday for three projects worth over VND4.7 trillion ($178.5 million) in Gia Lai province.
Companies - Fri, December 19, 2025 | 8:05 am GMT+7
Vietnam defeat Thailand to win men’s football gold at SEA Games 33
After conceding two goals in just over 30 minutes, Vietnam reversed the situation to finally beat host nation Thailand 3-2 in the men’s football final of the 33rd SEA Games.
Travel - Thu, December 18, 2025 | 10:43 pm GMT+7
Sun Group to commence construction on 5 landmark projects worth $5.7 bln
Sun Group is scheduled to start construction of five large-scale projects across Vietnam’s three regions on Friday, with a total investment of nearly $5.7 billion.
Companies - Thu, December 18, 2025 | 8:39 pm GMT+7





















