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NEW YORK, NY and HO CHI MINH CITY, VIETNAM --(Marketwired - January 07, 2016) - NS International Group, Inc. ("NSI" -- www.ngocsuonginternational.com) announced today that its Vietnam-based majority-owned subsidiary and F&B investment arm NSH Vietnam Corporation ("NSH" -- www.ngocsuongholdings.com) has completed bare-finishing and entered the phases of full-finishing and interior decoration for its first YenBay Restaurant in District 7, Ho Chi Minh City, Vietnam. The restaurant is strategically located in Him Lam Sector of District 7, where recently has been developed to be among the most affluent residential clusters of the City, and only a canal away from downtown.
Within restructuring framework of the 60-year-old Ngoc Suong F&B empire, this restaurant is the first of the chain operated under the three-starred YenBay brand name. YenBay Him Lam, hosting around 450 seats, is expected to open for business within the first quarter of 2016.
Apart from YenBay brand, NSH is also developing two other chains named Saigon Marina and ExoHut to serve different segments of the seafood-based full-service restaurant sector. Contemporaneously, the first ExoHut Restaurant in Phu Quoc Island and the second YenBay Restaurant in Nha Trang City are now under construction for anticipated grand openings not later than the third quarter of 2016.
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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