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NEW YORK, NY and HO CHI MINH CITY, VIETNAM --(Marketwired - January 21, 2016) - NS International Group, Inc. ("NSI" -- www.ngocsuonginternational.com) today confirmed that its Vietnam-based majority-owned subsidiary and F&B investment arm NSH Vietnam Corporation ("NSH" -- www.ngocsuongholdings.com) has concluded the lease agreement for the EXOHut restaurant in Phu Quoc Island, Kien Giang Province, Vietnam.
Albeit the first outlet of the brand "EXOHut" under the restructured NSI, EXOHut per se (also called as "Trại Mát" in Vietnamese) is actually the oldest concept developed by the founders of NSI, which can be traced back to the 1950s on the seaside of Cam Ranh Bay in Vietnam. Originally a rest-stop on the side of what is now the Asia Highway 1, the very first "Trại Mát" was to serve travelers seeking a sanctuary for good and affordable Vietnamese seafood culinary and relaxation midway on their long journey. EXOHut, therefore was and has been so preserved, a simple family-run eatery offering simple food within reach by any commoner but uniquely cooked with unrivaled expertise and dedication.
Strategically located in the area where there are existing tens of resorts, hotels, and guest houses, as well as hundreds of the like to open within the coming three years, this EXOHut restaurant is to get flooded by tourists and local customers not later than its opening for business expectedly early in the second quarter of 2016. Phu Quoc Island is currently the phenomenal tourism spot in the entire Vietnam where an unprecedented booming of hospitality development is taking place on daily basis.
Apart from EXOHut brand, NSH is also developing two other chains named Saigon Marina and YenBay to serve different segments of the seafood-based full-service restaurant sector. Contemporaneously, the first Yen Bay in District 7, Ho Chi Minh City and the second YenBay in Nha Trang City are now under construction for anticipated grand openings not later than the second and third quarter of 2016, respectively.
About NS International Group, Inc.
NS International Group, Inc. ("NSI" -- www.ngocsuonginternational.com) is a US-based public company operating internationally in investment in and management of F&B chains. NSI is developing seafood-based full-service restaurants under various brand names across South East Asia and the U.S. on its own and under joint-investments with a number of individual and institutional investors. The company is expected to consummate fully-reporting status for listing on OTCQB within the second quarter of 2016 with vision for upgrading onto NASDAQ not later than 2017.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
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