Vietnam Investment Review - VIR

Corporate

State-owned infrastructure developer to IPO
17:01 17/12/2014 State-owned infrastructure developer to IPO

Infastructure Development and Construction Corporation (LICOGI) has announced its plan to sell a 25 per cent stake for its upcoming initial public offering.

Investing

Major expressway project to soon be back on track
09:42 17/12/2014 Major expressway project to soon be back on track

Work is expected to start on another landmark expressway in the southwest in the near future following a recent policy move.

Tech

VnExpress Tech Awards 2014 launched
15:10 17/12/2014 VnExpress Tech Awards 2014 launched

Newswire VnExpress, one of the top online newspapers in Vietnam in terms of readership, yesterday launched its 2014 Tech Awards programme to honour the year’s most outstanding products.

Property

Inpyung beheads Daewoo Cleve apartment blocks
09:39 16/12/2014 Inpyung beheads Daewoo Cleve apartment blocks

Korean property developer Inpyung has decapitated apartment blocks in its Daewoo Cleve development in Hanoi’s Hadong district due to construction and sales difficulties.

Money

BIDV provides $35 million to VSIP Quang Ngai
10:09 17/12/2014 BIDV provides $35 million to VSIP Quang Ngai

The Bank for Investment and Development of Vietnam (BIDV) has allocated $35 million to building technical infrastructure at VSIP Quang Ngai, according to a contract signed between the bank and Vietnam Singapore Industrial Park (VSIP) on December 8.

Province

World Bank’s Fund for the Poorest allocates $55m to Ha Nam province
09:50 17/12/2014 World Bank’s Fund for the Poorest allocates $55m to Ha Nam province

Ha Nam province now has access to the financial means it needs to improve the lives of local people thanks to funds provided by the World Bank.

Travel

Traveling through winter-spring flower seasons
14:58 17/12/2014 Traveling through winter-spring flower seasons

Besides tours of popular tourist destinations, travelers can plan their own trips depending on flower seasons. A flower sightseeing tour is unlike a normal package tour. A new flowering season is different from previous ones since each flower has its own beauty and charm. It usually begins in winter and blooms in spring. Each region in the country has its own special flower, so adventurers are advised to come to the right place to see it.

Leisure

Coming soon: Nick Vujicic, the movie
12:26 16/12/2014 Coming soon: Nick Vujicic, the movie

Feature film set for worldwide release in 2016, announced the motivational speaker in Singapore. The Australian also aired his thoughts on the recent fatal Sydney siege.

Society

12 workers trapped in Vietnam tunnel collapse are alive
15:14 17/12/2014 12 workers trapped in Vietnam tunnel collapse are alive

After hours of effort, Vietnamese rescuers on late Tuesday evening confirmed that 12 people trapped in a tunnel collapse accident at a hydropower plant on the morning of the same day remain alive.

Sports

Real Madrid cruise into Club World Cup final
11:01 17/12/2014 Real Madrid cruise into Club World Cup final

Goals from Sergio Ramos, Karim Benzema, Garreth Bale and Isco saw Madrid record a 21st consecutive win in this semi-final at a packed and noisy Grand Stade de Marrakech.

World News

UN says aid to parts of Myanmar's rebel-held north 'stalled'
10:55 17/12/2014 UN says aid to parts of Myanmar's rebel-held north 'stalled'

Convoys which have provided aid for up to 30,000 people in near-monthly runs for over a year have been unable to cross into areas outside of government control since September.