Tag: Nha Trang

  • SABECO Boosts Consumer Engagement at Khanh Hoa Sea Festival 2026

    SABECO Boosts Consumer Engagement at Khanh Hoa Sea Festival 2026

    SABECO, the Vietnamese beverage giant behind Bia Saigon and 333 Beer, plans to significantly enhance its consumer engagement initiatives at the Khanh Hoa Sea Festival in 2026. This strategic move aims to connect directly with a large audience, reinforce brand loyalty, and expand its market reach within Vietnam.

    The company, known for its extensive portfolio of beer brands, regularly participates in major cultural and sporting events across the country. Its involvement in the Khanh Hoa Sea Festival provides a platform to show products, create memorable brand experiences, and gather direct feedback from consumers.

    Building Brand Presence Through Local Events

    Participating in large-scale public events like the Khanh Hoa Sea Festival allows SABECO to integrate its brands into local cultural celebrations. This approach helps the company build a stronger emotional connection with consumers, moving beyond traditional advertising. These festivals attract both local residents and tourists, offering a diverse demographic for brand interaction.

    For consumer brands operating in Southeast Asia, local festivals and events are critical channels for market penetration and consumer relationship building. Such engagement strategies are particularly effective in markets where community and cultural ties play a significant role in purchasing decisions. This is a common strategy for F&B companies across the region, from ThaiBev in Thailand to San Miguel in the Philippines, as they aim to embed their brands deeply within national identities and local traditions.

    SABECO’s Market Strategy in Vietnam

    SABECO continues to be a dominant force in Vietnam’s competitive beverage market. Its consistent presence at key national events underscores a long-term strategy to maintain market leadership and respond to evolving consumer preferences. These engagements often include interactive booths, product sampling, and branded entertainment, designed to create a positive association with its beer brands.

    The company’s focus on consumer engagement at events like the Khanh Hoa Sea Festival also reflects a broader trend among regional consumer goods companies. They are increasingly investing in experiential marketing to differentiate themselves and foster deeper brand loyalty in a dynamic retail environment. This direct interaction helps gather insights that inform future product development and marketing campaigns.

  • Nha Trang hotels up for sale as Covid puts paid to tourism

    Nha Trang hotels up for sale as Covid puts paid to tourism

    Hit hard by the successive waves of Covid-19, hotel owners in tourism hotspot Nha Trang are putting up their properties for sale on realty forums.

    They have price tags of VND20-300 billion ($0.9-13 million), but are mostly in the VND30-70 billion range.

    Most are in the downtown area on streets like Tran Phu, Hung Vuong, Tran Quang Khai, Pham Van Dong, and Nguyen Thi Minh Khai.

    A seven-story hotel with 19 rooms on Nguyen Thi Minh Khai Road is now available for sale at VND30 billion. “The hotel is a few dozen meters from the beach, and was built a few years ago,” its owner said on a forum.

    The owner of a newer hotel said: “Our hotel operated for only two months and then stopped due to Covid-19. I want to sell it to repay bank loans and engage in another field of business because I think that the pandemic will prolong.”

    According to insiders, in 2015-19, the heyday of Nha Trang’s tourism and property sectors, many non-tourism businesses and wealthy individuals built or bought hotels in the city and hired people to run them.

    However, since 2020, after tourism has been devastated by Covid with almost no international arrivals and few domestic travelers, many have been forced to sell out to cut losses.

    Some two- and three-star properties with 50 rooms or fewer are on sale partly because they face fierce competition from condotels, Phan Viet Hoang, general secretary of the Khanh Hoa Real Estate Brokerage Association, said, pointing out that few four- and five-star hotels are being sold.

    According to the Khanh Hoa Province Tourism Department, there were only 210,000 visitors in the first quarter of 2021, a year-on-year drop of nearly 67.3 percent. The number of foreigners was down 97.6 percent to 10,000, all people stranded due to Covid.

    Hotels in the province reported an occupancy rate of just 8.6 percent during the quarter.

    As of the end of last year Khanh Hoa had over 1,100 tourist accommodation establishments with nearly 50,000 rooms, including 125 hotels rated between three and five stars with 24,000 rooms.

  • AirAsia to start daily flights to Nha Trang, Vietnam on Sept 14

    AirAsia to start daily flights to Nha Trang, Vietnam on Sept 14

    Low-cost carrier AirAsia Bhd will begin offering daily, non-stop service between Nha Trang, Vietnam and Kuala Lumpur on Sept 14.

    In a statement today, AirAsia said the new service will mark the airline’s fourth route into Vietnam, after Ho Chi Minh City, Da Nang and Hanoi.

    In conjunction with the new flight, it will offer promotional all-in fares from RM99 one-way for booking from July 4 to 9, for the travel period from Sept 14, 2017 to Aug 28, 2018.

    “This year is all about driving the Asean vision forward with the year-long Visit Asean@50 initiative. In line with this, we are happy to be expanding our network with our 54th unique route from Malaysia to cover yet another exciting destination within the region,” AirAsia head of commercial Spencer Lee said in the statement.

    “As the only airline flying directly into Nha Trang from Malaysia, this route introduction not only opens up air travel into the city, but it also gives access to the people from the Khánh Hòa Province to enjoy over 120 AirAsia destinations around Asia,” he added.