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City proposal to slap luxury tax on mobile phones raises hackles

HCMC’s proposal to impose special consumption tax on mobile phones has drawn protests from experts, who said they are not a luxury product.

HCMC upscale apartment sales much higher than Hanoi

Premium and luxury apartments in HCMC are seeing high absorption rates while those in Hanoi get few takers.

Armed robbers seize jewels worth '4 million euros' from Paris Ritz

Paris's most high-profile recent jeweler theft was carried out in October 2016 against U.S. reality television star Kim Kardashian.
January 11, 2018 | 10:01 am GMT+7

Online sales? Maybe one day, says Chanel

Chanel says will not follow e-commerce trend despite most rivals launching websites, eyeing millenials. 
November 26, 2017 | 09:49 am GMT+7

Experience a tree-covered sky villa in southern Saigon with the EverGreen Project

Each of the project's 98 Sky Villas will be covered in ferns and have a private swimming pool and gold-plated elevator.
November 22, 2017 | 08:00 am GMT+7

Five-star luxury hotels just got a whole lot more expensive in Hanoi

New statistics show a five-star hotel room in the capital now costs an average of $151 a night, compared to $118 in Saigon.
October 12, 2017 | 10:44 am GMT+7

At $10,000 a ticket, Japan train offers luxury at a premium

The new Shiki-Shima train is in demand as Japanese customers seek high-end services on the go.
May 02, 2017 | 06:49 pm GMT+7

Bring on the bling: Rich kids of Vietnam

You might have heard of rich kids of Dubai, London and Beijing and the infamous tales of all the weird things they have done. So what about rich kids in Vietnam?
June 24, 2016 | 08:16 am GMT+7

Chanel winning fight against luxury grey market: executive

Chanel, the world's second largest luxury brand, said on Monday its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.
May 03, 2016 | 08:40 am GMT+7

China's grey luxury market threatened by new tax regime

HONG KONG - China is raising fees on packages ordered from abroad and cracking down on smugglers who carry in suitcases full of luxury goods, in a concerted effort to encourage shopping at home and squeeze a grey market that shoppers use to avoid tax.
April 03, 2016 | 06:19 pm GMT+7

Rare oval diamond expected to fetch $35 mn in Hong Kong sale

A 10.10 carat vivid blue diamond is expected to set the record for the most expensive piece of jewelry sold at auction in Asia despite an ongoing growth slowdown in China's economy, Sotheby's said on Friday.
March 15, 2016 | 05:04 pm GMT+7
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