Foreign buyers are scooping Branded Residences in Vietnam

Strong appetite for Marriott Residences & JW Marriott Residences at Grand Marina, Saigon and The Ritz-Carlton Residences, Hanoi was evident at worldwide sales events.

SINGAPORE, Sept. 28, 2022 (GLOBE NEWSWIRE) — It is great news for Druce – the international sales agency of Grand Marina, Saigon and The Ritz-Carlton Residences, Hanoi. Both developed by Masterise Homes with services provided by Marriott International, the two projects have seen strong buyer interest from Asian and European markets.

In September 2022, Druce organized VIP consulting sessions in Singapore to introduce Marriott branded residential apartments in Vietnam.

In September 2022, Druce organized VIP consulting sessions in Singapore to introduce Marriott branded residential apartments in Vietnam.

Robert Bartlett, CEO of Druce Global, shared: “We had positive responses with great appetite in various markets. With our 200 years of experience with prime property all over the world, we knew that we could showcase Marriott Residences & JW Marriott Residences at Grand Marina, Saigon and The Ritz-Carlton Residences at The Grand, Hanoi around the world and that they would look extremely favorable in comparison with non-branded residences in the global markets. This showcases Vietnam in the best light and underlines the fact that real estate developments have now met the highest standards of the international market.”

Investors in Singapore paid special attention to Vietnam’s branded residences.

Investors in Singapore paid special attention to Vietnam’s branded residences.

This is not the first time Vietnam attracted foreign buyers in the branded residence sector. In 2021, Masterise Homes partnered with Asia Bankers’ Club to launch Grand Marina, Saigon in Hong Kong which also had great sales results amidst the global pandemic.

These continuous successes highlight the great demand for investment properties in Vietnam and the confidence international buyers have for residences affiliated with Marriott International brands.

They are sure-fire investments for global investors. Both Druce and Asia Bankers’ Club attributed the success to two key factors including their prime location in Vietnam and their association with the world’s leading hotelier brands.

The dual – branded Grand Marina, Saigon brings to Ho Chi Minh City’s coveted District 1 branded units from two Marriott International brands – JW Marriott and Marriott. Overlooking the northern banks of the Saigon River, this trophy asset fuses uncompromising quality and world-class Italian fitouts complemented by the dedicated services and signature amenities from JW Marriott and Marriott. The quality of the development is backed by the strength of the Marriott International brands, its global network and the guarantee of effortless home ownership.

Vietnam’s first Ritz-Carlton Residences, The Ritz-Carlton Residences, Hanoi is a boutique branded apartment complex, featuring 104 units rising up in the heart of the Old Quarter, the city’s main business hub. Located in an enchanting area with captivating architecture, ambience and history, The Residences is a landmark that marries the best modern levels of amenity with historic workmanship and design. The project attracts a large audience of loyalists and trophy collectors who identify with the legendary brand’s lifestyle while providing a statement of your discerning taste and an exceptional eye for choosing only the best.

Savvy buyers and luxury lifestyle connoisseurs have more than enough reasons to scoop up these timeless assets. First up is the undeniable prestige of owning a globally recognized branded residence. Then there is the investment appeal of Vietnam property market.

Since 2015 when Vietnam legalised foreign property ownership, the market has been receiving increasing interest from foreign buyers, especially in the high-end sector.

Dung Duong, executive director at the real estate services and investment firm CBRE, said, “With the number of ultra-high-net-worth individuals significantly increasing in Vietnam and foreign investors making a comeback after the pandemic, high-end and luxury properties will continue to receive a lot of interest, especially well-branded projects with assured product quality. Vietnam will see a strong appetite for branded residences as this sector is still in its infancy in the local market and the pricing is more reasonable compared to the regional level, which offers greater upside potential.”

In 2021, Marriott’s milestone branded residential project – Grand Marina, Saigon signified international confidence in the country’s strong fundamentals – and its significance on the global real estate map. “Vietnam is a vibrant destination and has over the years experienced record levels of tourism as international travelers flocked to the country and domestic travelers began to discover the many wonders available in their own backyard,” says Emma Smithson, Regional Director of Residences Operations, Asia Pacific, Marriott International. “With the recent reopening of borders, we are hopeful for Vietnam to rebound rapidly, and we are excited to expand across even more parts of this captivating country.”

As Marriott announced plans to expand its portfolio fourfold in Vietnam over the next few years, it continues its vote of confidence in both Vietnam’s positive economic development and the branded residence sector. Buyers can certainly take heart from this.

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lan.huynh@masterisehomes.com

Bombardier Expands Worldwide Footprint with Grand Opening of New Service Centre in Australia

  • New state-of-the-art facility in Melbourne will further enhance Bombardier’s customer service footprint in Asia-Pacific
  • Melbourne Service Centre will provide quick and efficient maintenance, repair, and overhaul (MRO) capabilities for all Bombardier business aircraft, including a parts depot and back shop capabilities
  • An important market for Bombardier, Australia is also part of a comprehensive worldwide aftermarket network expansion

MELBOURNE, Australia, Sept. 27, 2022 (GLOBE NEWSWIRE) — Bombardier today announced the grand opening of its new Melbourne Service Centre at Essendon Fields Airport in Melbourne, Australia. The new facility is a testament to Bombardier’s commitment to the Australian market and establishes a key building block in its growing global customer support network. At full capacity, the new OEM-operated Melbourne Service Centre will add 65 aerospace jobs in the community, including more than 48 highly skilled technicians and boost Bombardier’s customer service footprint in Asia-Pacific by some 50,000 square feet.

Australia is a key market for Bombardier with more than 80 aircraft in its Australian business fleet. Bombardier is also the OEM with the largest percentage of deliveries in Australia, representing 31% of the market (47% for medium and large business jets). This new, highly efficient facility will serve as an important gateway to Asia-Pacific, serving as a key focal point for customers in the region and for future growth prospects of the Bombardier fleet.

“The addition of the Melbourne Service Centre is the latest in a series of worldwide infrastructure investments aimed at enhancing Bombardier’s customer service capacity in line with our 2025 plan,” said Éric Martel, President and CEO, Bombardier. “In the past year, we have added close to one million square feet of service capacity in several key locations, solidifying our plan to bring more Bombardier jets home no matter where they operate.”

Earlier this year, Bombardier enhanced its customer service footprint in Asia-Pacific with the opening of the new Singapore Service Centre. Bombardier will soon celebrate the opening of its enhanced London Biggin Hill Service Centre in the UK, and later this year, will gather to highlight the opening of its new, state-of-the-art Service Centre at Miami-Opa Locka Executive Airport.

Customers at the new Melbourne Service Centre will benefit from a variety of service options, including scheduled and unscheduled maintenance, modifications, avionics installations and AOG support for Bombardier’s dynamic family of aircraft – including the newly introduced Global 8000 aircraft, the flagship of a new era. The facility will also boast a 4,000 sq. ft. parts depot.

“The new Melbourne Service Centre brings essential, specialized services for our customers, enabling us to continue to deliver the service excellence they have come to expect from Bombardier,” said Jean-Christophe Gallagher, Executive Vice President, Services and Support, and Corporate Strategy, Bombardier. “Our new facility will provide infinite benefits, including quick aircraft turnarounds, greater convenience and OEM peace of mind to Bombardier’s growing customer base in Australia.”

The creation of the new facility also underscores the steadfast commitment of the team from the Essendon Fields Airport as well as the Victoria Government, which has supported Bombardier’s development of the service centre and its growth plan.

“Partnering with one of the world’s leading manufacturers of business aircraft for its new facility is evidence of Essendon Fields’ continued investment in creating a centre of excellence for general aviation here in Victoria. There are more business jets based here than anywhere in the country, and Bombardier’s commitment cements Essendon Fields as Australia’s home of business aircraft,’’ said Brendan Pihan, CEO of Essendon Fields.

The new Melbourne Service Centre also aptly illustrates Bombardier’s comprehensive global customer service commitment to provide the best customer service experience in business aviation today.

About Bombardier
Bombardier is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in special-mission roles.

Headquartered in Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China, and an Australian facility opening in 2022.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Learjet, Challenger, Global and Global 8000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information
Matthew Nicholls
Bombardier
+1 514-243-8214
Matthew.Nicholls@aero.bombardier.com

Scott Thomson
Forge Communications
+61 432 218 681
scott@forgecomms.com

Visuals of the new Melbourne Service Centre are available here.

Italian Telecommunications Operator Fastweb Extends Partnership with Synchronoss

Fastweb Signed a Three-Year Agreement to Leverage Synchronoss Email Suite to Further Support the Needs of the Consumer and Business Markets Throughout Italy

BRIDGEWATER, N.J., Sept. 27, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that it signed a three-year extension with Fastweb, a leading telecommunications operator in Italy. The company will utilize Synchronoss Email Suite to further support the needs of millions of new and existing customers.

Fastweb is one of Italy’s leading telecommunications operators with 2.7 million wireline and 2.8 million mobile customers. The company promotes the digital transformation of society to build an increasingly connected, inclusive and eco sustainable future. It offers one of the most extensive proprietary ultra-broadband infrastructures in Europe and has invested more than 10 billion euros on its network.

Fastweb has been using the email product suite since 1999 and recently migrated to the latest version of the Synchronoss Email Suite. Purpose-built for the needs of telecommunications operators, the Synchronoss Email Suite offers the highest level of reliability, scalability, and security while delivering an extremely intuitive and consistent user experience across a multitude of devices.

“Extending our agreement with Fastweb further underscores our strong partnership that dates back more than two decades,” said Chris Hill, Chief Commercial Officer at Synchronoss. “The Synchronoss Email Suite is widely used among global telecommunications operators, and Fastweb continues to leverage this platform to deliver innovative email solutions throughout Italy.”

The new Synchronoss Email Suite deployed by Fastweb includes the Mx9 core messaging platform that is highly scalable with a stateless architecture design to be resilient to faults, integrating encryption to ensure the utmost in security and data privacy. This suite has a modern and intuitive web user interface (UI) for email, contacts, and events.   Additionally, the Huge Mail feature supports large file exchanges, and integrates Razorgate, an unparalleled message filtering capability designed to remove spam and mitigate the threat of phishing and viruses.

Leading telecommunications operators around the globe utilize Synchronoss Email Suite to manage more than 250 million mailboxes worldwide. The platform was acknowledged by The Radicati Group as the Top Player in messaging platforms for service providers citing criteria such as deployment options, scalability, and reliability.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. Learn more at www.synchronoss.com.

Media Relations Contact:
Domenick Cilea
Springboard
dcilea@springboardpr.com

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com

Vietnamese prisoners of conscience continue to serve sentences far from families

Vietnam’s Ministry of Public Security continues to send prisoners of conscience far from their families to serve their prison sentences, as an additional punishment.

Most recently, Hanoi activist Nguyen Thi Tam was transferred to Gia Trung Prison camp in Gia Lai province, nearly 1,200 kilometers (746 miles) from her home. Another activist from Vietnam’s capital, Trinh Ba Phuong, was taken to An Diem Prison camp in the central province of Quang Nam, 800 kilometers (497 miles) away from his home on Sept. 21, one month after the Higher People’s Court in Hanoi rejected his appeal and upheld his 10-year prison sentence in an appeal hearing in mid-August.

Phuong’s wife Do Thi Thu and his father-in-law and sister-in-law left their hometown in Hoa Binh province on the evening of Sept. 25 and did not arrive at the prison until the next morning.

“It took us 29 hours to get to the prison and back. The cost per person was at least VND1 million (U.S.$ 44) for both ways,” she said.

Also arrested on charges of “conducting anti-state propaganda” under Article 117 of the Criminal Code for human rights activities and speaking out about a police raid in Dong Tam commune in early 2020, Thu’s mother-in-law and brother-in-law, Can Thi Theu, and her son Trinh Ba Tu were both sentenced to eight years in prison.

Theu is currently serving her sentence at Prison camp No. 5 in Yen Dinh district, Thanh Hoa province while Tu is serving his at Prison camp No. 6 in Thanh Chuong district, Nghe An province, neither of which is convenient for prison visits.

Thu said to save costs her father-in-law, former prisoner of conscience Trinh Ba Khiem, rode a motorbike from their family farm in Hoa Binh to the two prisons. It took him more than two hours to reach Prison camp No. 5, and 8 hours to get to Prison camp No. 6.

According to human rights organizations, Vietnam is holding hundreds of prisoners of conscience, although Hanoi has always insisted that there are none in Vietnam, only people who break the law.

It has been a long-running practice to send the vast majority of prisoners of conscience to serve their sentences far from their families. Those with families in the North are transferred to prisons in the Central region or the South, while those in the South are sent to the Central region or the North.

Truong Minh Duc, Vice President of the Brotherhood for Democracy was sentenced to 12 years in prison for subversion in 2018 and is currently being held at Prison camp No. 6 in Nghe An.

His wife Nguyen Kim Thanh said that from Ho Chi Minh City to Nghe An, she spends more than VND5 million (U.S.$ 211) on plane tickets, bus tickets and motorbike taxis every time. On the Lunar New Year and other public holidays, the cost of traveling to the prison may rise to over VND7 million (U.S.$ 295).

Prison No. 6 has an extremely harsh climate which affects prisoners’ health Thanh said:

“When it is sunny, the weather is too harsh. He [her husband] has to wet towels and clothes to hang on the window and his neck to cool it down,”she said.

“It would be very cold in winter because the prison is in a mountainous area. As the prison cell is not small, the cell is very cold due to wind.”

Because of bad weather conditions, Duc has headaches and high blood pressure in the hot season and colds and allergies in the winter.

Nguyen Tuong Thuy, Vice Chairman of the Independent Journalists Association of Vietnam, is serving an 11-year prison sentence at An Phuoc Prison camp in the southern province of Binh Duong. He was arrested in May 2020 on charges of “conducting propaganda against the state” in the same case as President Pham Chi Dung and editor Le Huu Minh Tuan.

His wife Pham Thi Lan takes at least two nights and one day to get from Hanoi to the prison and back, and it costs at least VND4 million (U.S.$ 168) if she can buy a cheap round-trip flight ticket between Hanoi and Ho Chi Minh City. If she can’t buy cheap airline tickets and has to get them from Vietnam Airlines, the cost can be up to VND7-8 million (U.S.$295-337) for a visit.

An activist commented that the transfer of prisoners of conscience to prisons far from their families makes prisoners unaccustomed to living in new climatic conditions, which leads to them getting sick more often, especially as prison medical care is limited. Sending them away to prison also makes it difficult for their families to find the time and money to visit.

Not all prisoners of conscience are sent a long way from their family homes. Journalist Le Van Dung (Le Dung Vova) was transferred to Nam Ha Prison camp after losing his appeal against a five-year prison sentence. His wife Bui Thi Hue said it takes her four hours and about VND1 million  (U.S.$ 42)  for each visit.