• Above, Hotel Nikko Saigon's spacious lobby lounge. Courtesy Nikko Saigon
    Above, Hotel Nikko Saigon's spacious lobby lounge. Courtesy Nikko Saigon
  • The Hotel Nikko Saigon offers 334 rooms and suites plus 54 serviced apartments, from one bedroom, two bedroom and three bedroom units. Courtesy Nikko Saigon
    The Hotel Nikko Saigon offers 334 rooms and suites plus 54 serviced apartments, from one bedroom, two bedroom and three bedroom units. Courtesy Nikko Saigon
  • The Hotel Nikko Saigon has three restaurants offering a mix of international buffet including seafood and Chinese cuisine. Courtesy Nikko Saigon
    The Hotel Nikko Saigon has three restaurants offering a mix of international buffet including seafood and Chinese cuisine. Courtesy Nikko Saigon
  • Rooms start from the equivalent of Dh460 per night. Courtesy Nikko Saigon
    Rooms start from the equivalent of Dh460 per night. Courtesy Nikko Saigon
  • The outdoor swimming pool at Hotel Nikko Saigon has a terrace that overlooks Ho Chi Minh City. Courtesy Nikko Saigon
    The outdoor swimming pool at Hotel Nikko Saigon has a terrace that overlooks Ho Chi Minh City. Courtesy Nikko Saigon
  • Rooms start from the equivalent of Dh460 per night.
    Rooms start from the equivalent of Dh460 per night.
  • There is complimentary 4.2 Mps Wi-fi across the Hotel Nikko Saigon. Courtesy Nikko Saigon
    There is complimentary 4.2 Mps Wi-fi across the Hotel Nikko Saigon. Courtesy Nikko Saigon

Executive travel: Refuge from the bustle at Hotel Nikko Saigon


  • English
  • Arabic

The Hotel Nikko Saigon’s cavernous Zen-style interior offers welcoming calm from the rumbustious vigour of Ho Chi Minh City (formerly Saigon), where avoiding a collision with one of its seven million scooters and motorbikes is a daily challenge.

For the business traveller it is something of a toss-up between choosing a hotel located near the airport or in the middle of District One, where business usually gets done.

The Hotel Nikko Saigon is the right option to be close to Tan Son Nhat International Airport, just 20 minutes away in the quietest periods, or over an hour if your driver gets lost in the rush hour, as ours managed to do.

It has 334 rooms, suites and apartments in a 23-storey building, all in relaxing shades of grey. Rooms start from the equivalent of Dh460 per night.

The spacious lobby lounge was a pleasant venue, with attentive service and a long menu. On the fourth floor the business centre has four meeting rooms to seat from 10 to 100, priced from $142 to $450 for half a day.

There is complimentary 4.2 Mps Wi-fi across the hotel, and two work stations available in the business centre, where half an hour costs $2.

In the room the desk was a little small to spread out my papers. But I could hardly complain about an internet connection three times faster than my du service in Dubai.

There was also a fixed-line LAN connection, although I had to call room service for an adapter for my square-pin plug, a bit odd as they seemed standard in the other 10 hotels I stayed in during this exhausting trip to Vietnam and Cambodia.

I would award this hotel the prize of second-best bed of this long tour (in top spot, L’Opera in Hanoi was as nice as can be).

The Nikko group is Tokyo-­based, and Japanese attention to detail was strong at the Ho Chi Minh City outlet – like a rechargeable torch by the bed to find your way around if you get up in the night, plus free toiletries, including a shaving kit.

The hotel has a full-size swimming pool on an open-air terrace on the fifth floor and a gym with four treadmills, a few other machines and free weights. The sumptuous Ren spa looked a less arduous option with an hour of its signature massage for $57 and a two-and-a-half hour package for $111.

q&a don’t drive yourself crazy

Peter Cooper speaks with Kevin Snowball, the veteran expat and chief executive of the PXP Vietnam fund, which is headquartered in Ho Chi Minh City:

What’s your top tip for executives visiting Vietnam?

Choosing the right hotel is very important. Vietnamese cities are very difficult to move around in and so all the business action is in the centre.

So where would you stay?

The Nikko is a bit far out. The Park Hyatt is best in Ho Chi Minh City. It’s high-end, great for business meetings and restaurants. In Hanoi I always stay at The Metropole, which is my favourite hotel in the whole world.

How do you get around?

I’ve got a driver. Taxis are very cheap but we bought a “tank” after an accident in 2006. Motorbikes are quickest but I gave up riding after having an accident within 18 seconds of getting my last bike.

What do you advise for a quick tour?

Despite my worries about two-wheel travel, Vespa Tours are a specialist company that do a really good job. People like to go and see the tunnels from the Vietnam War. For something different try Sophie’s Art Tours.

Is driving safe?

Vietnam is a very safe country apart from the roads. The driving is absolutely awful. There are millions of scooters and motorbikes in Ho Chi Minh City and they give no thought to the consequences of their actions and will do anything to save a fraction of a second on the journey time. That said, aside from the sort of opportunistic petty theft you find in any large city it’s a great place to live and work.

business@thenational.ae

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Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

COMPANY%20PROFILE
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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Napoleon
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Ridley%20Scott%3Cbr%3E%3Cstrong%3EStars%3C%2Fstrong%3E%3A%20Joaquin%20Phoenix%2C%20Vanessa%20Kirby%2C%20Tahar%20Rahim%3Cbr%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%202%2F5%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.5-litre%204-cylinder%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ECVT%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E119bhp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E145Nm%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh%2C89%2C900%20(%2424%2C230)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
UAE squad

Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.

MATCH INFO

Uefa Champions League, last 16, first leg

Tottenham Hotspur v Borussia Dortmund, midnight (Thursday), BeIN Sports

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
Calls

Directed by: Fede Alvarez

Starring: Pedro Pascal, Karen Gillian, Aaron Taylor-Johnson

4/5

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
PRO BASH

Thursday’s fixtures

6pm: Hyderabad Nawabs v Pakhtoon Warriors

10pm: Lahore Sikandars v Pakhtoon Blasters

Teams

Chennai Knights, Lahore Sikandars, Pakhtoon Blasters, Abu Dhabi Stars, Abu Dhabi Dragons, Pakhtoon Warriors and Hyderabad Nawabs.

Squad rules

All teams consist of 15-player squads that include those contracted in the diamond (3), platinum (2) and gold (2) categories, plus eight free to sign team members.

Tournament rules

The matches are of 25 over-a-side with an 8-over power play in which only two fielders allowed outside the 30-yard circle. Teams play in a single round robin league followed by the semi-finals and final. The league toppers will feature in the semi-final eliminator.

The Cockroach

 (Vintage)

Ian McEwan 
 

Klopp at the Kop

Matches 68; Wins 35; Draws 19; Losses 14; Goals For 133; Goals Against 82

  • Eighth place in Premier League in 2015/16
  • Runners-up in Europa League in 2016
  • Runners-up in League Cup in 2016
  • Fourth place in Premier League in 2016/17
New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
MATCH INFO

Uefa Champions League semi-final, first leg

Barcelona v Liverpool, Wednesday, 11pm (UAE).

Second leg

Liverpool v Barcelona, Tuesday, May 7, 11pm

Games on BeIN Sports