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[June 1st] Vietnam’s largest island Phu Quoc to demolish illegal tourism site on 700-m mountain

Authorities in Vietnam’s largest tourist island Phu Quoc will demolish The Peak tourist site on Dien Tien Mountain in June due to a series of long-standing land-use and construction violations. The Department of Agriculture and Environment under the Phu Quoc Special Economic Zone announced on May 29 that the project owner must voluntarily remove the …

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[May 31st] Yum Brands in exclusive talks to sell Pizza Hut chain

Yum Brands is in exclusive talks to sell its Pizza Hut chain ​to private-equity firm LongRange Capital, a source familiar with the matter ‌said on Friday. The two parties are advancing in discussions about a potential deal that could come together in several weeks, the source said, adding there is no guarantee a deal will …

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