Oman Oil Company executives live the royal life

Oman Oil Company is a 100% Government owned investment arm of the Ministries of Commerce and Oil & Gas.

So it was interesting to learn from a Luxury Vietnamese Tour Company that their super-top class tours have been taken by Presidents, Royals, Russian Billionaires and .... Oman Oil Company executives!

Nice.

Joined on the list were also Omani Royal Ministers, apparently.



Photo: Some of Oman's Senior Civil Servants snapped in Vietnam


Its a tough job, spending other peoples money, isn't it?

Where do I sign up?

Obviously, the execs and Ministers were on personally funded trips, and certainly weren't being paid to go on luxury cruises at the State's expense. Surely?

Luxury Travel Vietnam Launch First Travel Blog in English in Vietnam

The Luxury Travel Company has launched the first travel blog in English in Vietnam providing the latest in trends, new, advice and travel stories from across of its Asian destinations.

Various travel advisors can share with bloggers and internet surfers their local know-how about travelling in the region.

“ The amazing thing about a blog is instant presence online,” said Pham Ha, CEO and founder of luxury Travel Company.

The blog will allow clientele to benefit from the advice and experiences of its luxury travel advisors, as well as other customers, on travel to Vietnam, Cambodia, Laos, Myanmar, Thailand and other destinations in Asia.

Luxury Travel Company's main business activities - luxury inbound/outbound operator, luxury adventures, custom tours, romance, wellness and spa, MICE, family travel and private travel arrangements for VIP stars, celebrities, Royal and Government clientele, private jet and yacht cruises...nothing is impossible in the whole luxury meaning.

The company's depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations.

Last year, the company served 10,000 satisfied customers. Among Luxury Travel’s clients are ambassadors, senators, Russian millionaires, CEOs and presidents of Oman Oil Company, royalty and Oman Royal Government ministers, French ministers, Deputy Prime Minister of Canada…and others.

Anyone interested can blog on to www.luxurytravelvietnam.com/blog.

Oman diversifies investment into Vietnam. Omani youth probably think they can party forever

In what I think is an excellent move, Oman's investment fund is getting into Vietnam (above), as reported in vovnews. $100 million big ones.

Excellent.

It should be a good investment.

I only wish many Omani youth, currently out partying over a regional football game, would realise the incredible competition they have in the real world to pay their way. People in other nations, like Vietnam, with sure, a few natural resources, but a need to work due to population pyramid effects. These guys WORK.

And that is what Oman is up against long term. Countres that save, rather than borrow; and work - sun up to sunset, often as families, doing business. Making money the hard way .... by working their asses off.


Photo: Vietnamese people, working their asses off.

Oman is nice, I admit. Hey, that's why I'm here.

But it is sleepy here. Omani's do not generally have much of that SE Asian zest.

Here it's more 'Inshallah, man'. And the terrible inefficiency of low paid, unskilled/low skilled Indian labour doing almost everything. Which I can handle mostly, perhaps because I'm not really a business man trying to make a buck I guess. It has in parts that Caribbean feel sometimes.

So, good luck Oman in the football. Al Habsi is a total star player, and with him you have a great chance.

But the other 100,000 of you, who won't be playing in the premiership, err, better start working. Notice how few 'Go Oman!!!!' tricked up cars are a part of the morning commute?

'Cos oil income is not going to be enough. And your Dad can't do too much more borrowing against his ex-rising house/lands/stock market to keep supporting you in the lifestyle to which you have become accustomed, ...

Vietnam hails Omani investment
Deputy Prime Minister Nguyen Sinh Hung affirmed Vietnam’s commitment to strengthening economic ties with Oman while receiving leaders from an Omani-invested company on January 5.

At the meeting, Warith Mubarak Said Al Kharusi, Chief Executive Officer of the Vietnam-Oman Investment Company (VOIC), briefed the deputy PM on the company’s activities and its plan to expand investment and cooperation.

Mr Kharusi, who also heads the Oman State Reserve Fund, said the joint venture intends to raise its registered capital to US$5 million from the initial amount of US$1.5 million. He told the Deputy PM that the Omani partners pledge to invest US$100 million in Vietnam through VOIC, which will be developed strongly to attract other investors.

For his part, Mr Hung welcomed the partnership between Vietnam’s State Capital Investment Corporation (SCIC) and Omani partners and emphasized that the Vietnamese Government always encourage Omani expansion of investment and cooperation in Vietnam.

The state leader said Vietnam strives to grow at 6.5 percent in 2009 and VOIC should prepare comprehensively before investing in the Southeast Asian markets, which have potential consumer demands.

“The Vietnamese Government is accelerating reforms to perfect the investment climate,” said Nguyen Sinh Hung, adding that cooperative investment will help enhance Vietnam-Oman relations and boost their bilateral cultural cooperation.
VOIC came into being after the Deputy PM’s official visit to the Kingdom of Oman in December 2007, during which the two sides’ leaders agreed to set up a joint investment fund for strategic projects in Vietnam.