Riverside Palace

What Riverside Palace does

Riverside Palace (legal entity: Công Ty Cổ Phần Dịch Vụ Lâu Đài Ven Sông) is a private Vietnamese joint stock company operating a 6,000m² wedding banquet and conference center on the Saigon River at 360D Bến Vân Đồn, District 4, Ho Chi Minh City. The venue comprises nine event spaces — the European-castle-themed Grand Ballroom (1,728m², up to 2,500 guests) and eight halls named after world rivers (Nile, Thames, Amur, Elbe, Seine, Volga, Danube) plus the Green Riverside outdoor garden (1,000m², ~300 guests) — with aggregate capacity of 4,500 guests. It is a subsidiary of Capella Holdings, a diversified Vietnamese hospitality group that also operates Capella Parkview, Claris Palace, and Capella Gallery.

The core offering is a one-stop event service covering venue rental, catering (100+ dishes across Vietnamese, Fusion, and European cuisines, priced at 4.95M–7.85M VND per table across six tiers), in-house decoration (crystal ceiling, fresh flowers, themed backdrops), MC services, and modern AV equipment (LED screens, professional sound, lighting). Revenue is generated transactionally per event across four streams: wedding banquets, corporate conferences and gala dinners, general event services (year-end parties, product launches, proms), and add-on decoration and food-tasting modules. The company targets two primary segments — wedding couples booking 6–12 months in advance and corporate clients seeking large-scale conference and event hosting — with a horizontal segmentation approach and distribution through direct venue consultations, a website inquiry form, phone hotlines, and content marketing via its blog and Facebook page.

The business model is asset-heavy and capital-intensive (single physical site, nine halls, in-house F&B and decoration), with demand concentrated in HCMC and the surrounding region. The company maintains a content-heavy marketing presence (wedding planning tips, event guides) and operates entirely within Vietnam with no public listing, no disclosed funding rounds, and no disclosed M&A activity.

Name

Riverside Palace

Legal name

Công Ty Cổ Phần Dịch Vụ Lâu Đài Ven Sông (Riverside Palace)

Website

https://riversidepalace.vn

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Riverside Palace is a private Vietnamese wedding banquet and conference center in Ho Chi Minh City, operating a 6,000m² Saigon Riverfront venue with nine themed halls and 4,500-guest capacity. It serves couples and corporate clients with venue rental, catering, decoration, and event coordination as a Capella Holdings subsidiary.

Ownership category

akta.pro rank

Product category

Wedding & Event Venue Services

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310), All Other Amusement and Recreation Industries (713990)

SIC

Retail-Eating & Drinking Places (5810), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro industry

PRIMARYTHAHAKAE

Wedding & Social Event Catering

Travel & Hospitality/MICE (Meetings, Incentives, Conferences & Exhibitions)/Catering & Banqueting Services for Events

SECONDARYTHAFAIAC

Venue & Banquet Hall Catering

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Catering & Banquet Foodservice

SECONDARYHSACAGAD

Wedding & Reception Catering

Home & Personal Services/Event & Personal Concierge Services/Catering Coordination & Food Service (Non-restaurant)

Keywords

• Wedding banquet services
• Conference venue rental
• Corporate event hosting
• Banquet hall catering
• Riverside event space

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Wedding Banquet Services: Core revenue stream from wedding banquet services including venue rental, catering per table, decoration packages, and event planning. Revenue is transaction-based per event with pricing varying by menu selection, guest count, and package tier.
2. Conference and Corporate Event Services: Revenue from hosting corporate conferences, seminars, product launches, year-end parties, and gala dinners. Includes venue rental, catering, and technical support services.
3. Event Decoration Services: In-house decoration services including floral arrangements, backdrop design, and themed event styling provided as part of comprehensive event packages.
4. Catering and Food Services: Food and beverage revenue from diverse menu packages ranging from traditional Vietnamese to Fusion and European cuisine styles, priced per table with various tiers.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Riverside Palace operates a 6,000m² European-castle-style wedding banquet and conference center along the Saigon River in Ho Chi Minh City. The company provides end-to-end event services including venue rental across 9 themed banquet halls (named after the Nile, Thames, Seine, Volga, Elbe, Amur, plus a Grand Ballroom and Green Riverside outdoor garden), multi-tier catering menus with over 100 dishes priced per table, in-house decoration, and full event coordination. Services target individual wedding couples as well as corporate clients hosting conferences, product launches, year-end parties, and gala dinners for up to 4,500 guests.

Product overview

Riverside Palace is a conference and wedding banquet center offering a comprehensive suite of event services centered around venue rental and catering. The core offering comprises three main service categories: Wedding Banquet Services, Conference Services, and Event Services. The venue features 8 distinct banquet halls (Nile, Seine, Volga, Thames, Elbe, Amur, Grand Ballroom, and Green Riverside outdoor garden) with capacities from 240 to 2,500 guests, plus a wedding menu program with over 100 dishes across multiple price tiers (4,350,000–7,850,000 VND per table). Add-on modules include decoration services (crystal ceiling, fresh flowers) and food tasting services. The total venue capacity reaches 4,500 guests simultaneously, and the 6,000m² property is located along the Saigon River in District 4, Ho Chi Minh City.

Differentiator

Problem solved

Functional benefit

Brands

• Green Riverside: Outdoor banquet venue space located by the Saigon River, offering garden-style event hosting with natural scenery and river views.
• Grand Ballroom

Products and services

• Wedding Banquet Services (Tiệc cưới) Full wedding banquet services including venue rental, catering, decoration, MC, and ceremony planning for weddings held across the venue's indoor banquet halls and outdoor garden. Targeted at couples planning their wedding.
• Conference Services (Hội nghị) Conference and corporate event hosting services with capacity for up to 4,500 guests, including venue, AV technology infrastructure, and custom catering. Targeted at businesses and organizations running corporate events.
• Event Services (Sự kiện) General event management services for corporate events, product launches, gala dinners, year-end parties, proms, and birthday celebrations with comprehensive setup and catering. Targeted at organizations and individuals hosting notable life and corporate events.
• Banquet Halls (Sảnh tiệc cưới) Eight distinct banquet halls named after world rivers (Nile, Seine, Volga, Thames, Elbe, Amur, Grand Ballroom, and Green Riverside outdoor garden) with capacities ranging from 240 to 2,500 guests, featuring European-style architecture. Targeted at wedding and event bookers.
• Wedding Menu (Thực đơn tiệc cưới) Multi-course wedding banquet menus blending Asian and European cuisines with over 100 menu items across six pricing tiers from 4,350,000 VND to 7,850,000 VND per table, including complimentary appetizer platters. Targeted at wedding couples.
• Green Riverside Outdoor Venue Outdoor garden banquet venue spanning 1,000m² with a capacity of 300 guests, located along the Saigon River, featuring natural scenery for outdoor weddings and events.
• Decoration Services (Trang trí tiệc cưới) Event decoration services including crystal ceiling decorations, fresh flower arrangements for backgrounds and reception tables, setup and styling across various table configurations (long tables, round tables, U-shaped). Targeted at wedding couples and event bookers requiring themed styling.
• Food Tasting Service (Dịch vụ ăn thử thực đơn) Pre-event food tasting service allowing couples to sample dishes before finalizing their wedding menu selection. Targeted at wedding couples finalizing catering decisions.

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Capella HoldingscoreOthersParent company and ecosystem partner operating the Riverside Palace brand. Capella Holdings manages a portfolio of hospitality and F&B venues in Vietnam including Capella Parkview, Claris Palace, and Capella Gallery. The partnership provides brand affiliation and shared operational expertise in the event venue and hospitality industry.
• Capella ParkviewminorOthersRelated venue under Capella Holdings ecosystem, located at 3 Đăng Văn Sâm, Phường 9, Quận Phú Nhuận, offering 4-star rated conference and banquet services.
• Claris PalaceminorOthersRelated venue under Capella Holdings ecosystem, serving as part of the hospitality group's venue portfolio.
• Capella GalleryminorOthersRelated venue under Capella Holdings ecosystem, contributing to the group's comprehensive event venue offerings.

Scale indicators4 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• InterContinental Saigon: Premium international hotel in HCMC with extensive banquet and meeting facilities. Competes with Riverside Palace for high-end corporate events and luxury weddings, but as part of a global hospitality brand portfolio.
• Sheraton Saigon Grand Opera Hotel: Large international hotel in central HCMC with substantial ballroom and event venue capacity. Broad incumbent that competes for premium wedding banquets and corporate conferences but as part of a full-service hotel offering.
• Saigon Centre (Takashimaya): Major commercial complex in District 1, HCMC hosting retail, dining, and event venues. Broader incumbent providing event and convention space within a mixed-use property rather than a dedicated wedding banquet operation.
• Hotel Nikko Saigon: International hotel in HCMC with significant banquet and conference facilities serving both corporate events and private celebrations. Broader incumbent offering event spaces as part of a wider hospitality portfolio rather than specializing in weddings.

Direct peers

• Gem Center: HCMC-based wedding banquet and conference venue offering large-scale event hosting. Comparable to Riverside Palace in service mix (venue, catering, events), target segments (weddings and corporate), and pricing model (per-table banquet pricing).
• Claris Palace: Sister venue under Capella Holdings, part of the same hospitality group's event venue portfolio. Comparable business model and target customers, with potential for cross-venue substitution or complementary positioning.
• White Palace Venue & Convention: Major HCMC wedding banquet and convention center offering multiple halls and full-service catering. Directly comparable to Riverside Palace in target market (Vietnamese wedding couples), product offering (banquet halls + catering + decoration), and geographic focus (Ho Chi Minh City).
• Capella Parkview: Sister venue under Capella Holdings in Ho Chi Minh City offering 4-star rated conference and banquet services. Direct peer via shared ownership, similar event venue model, and overlapping target market in HCMC.
• Capella Gallery: Sister venue under Capella Holdings contributing to the group's comprehensive event venue offerings. Operates in the same HCMC hospitality market with overlapping wedding and event service capabilities.
• Adora Center: Multi-venue wedding and event center in Ho Chi Minh City with extensive hall capacity and integrated catering. Directly competes with Riverside Palace for Vietnamese wedding banquet bookings and corporate event hosting in the HCMC market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/riversidepalace
• LinkedInlinkedin.com/company/riversidepalace

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Riverside Palace