Vietnam Investment Review - VIR

Corporate

Honda Vietnam at odds with ministry over almost $10mn tax arrears
15:58 27/04/2015 Honda Vietnam at odds with ministry over almost $10mn tax arrears

The Vietnamese unit of motor maker Honda and the Ministry of Finance still fail to reach an agreement on a preferential tax treatment the company is supposed to enjoy, thanks to which it refuses to pay nearly US$10 million in tax arrears.

Investing

Australian project adds to Vietnam’s competitiveness
15:27 27/04/2015 Australian project adds to Vietnam’s competitiveness

First Secretary of the Australian Embassy in Hanoi, Andrew Shepherd spoke to VIR’s Trang Nguyen on the progress and achievements of the Restructuring for a More Competitive Vietnam project

Tech

Ha Noi targets $5b earnings from IT in 2015
15:14 27/04/2015 Ha Noi targets $5b earnings from IT in 2015

Ha Noi has set a target to earn US$5 billion from the information and technology (IT) industry this year, with incentives being provided to encourage investments in the sector.

Property

FDI in real estate reaches $48 billion
13:12 24/04/2015 FDI in real estate reaches $48 billion

Real estate will attract lucrative foreign direct investments in 2015 with the market recovering and Viet Nam set to join the Trans-Pacific Partnership agreement and other free trade pacts.

Money

SBV takes over OceanBank
15:40 27/04/2015 SBV takes over OceanBank

The State Bank of Viet Nam (SBV) announced the takeover of the Ocean Commercial Joint Stock Bank (OceanBank) on April 25.

Province

VN national mine action center set up
16:08 27/04/2015 VN national mine action center set up

The Ministry of National Defense on April 27 started the construction of the Viet Nam National Mine Action Center in Thach That, Ha Noi

Leisure

A worldwide hot TV game show to hit Vietnam
08:42 27/04/2015 A worldwide hot TV game show to hit Vietnam

Vietnam Television (VTV) has made what it has called a significant investment in licensing, producing and promoting a new sport game show in Vietnam entitled – Unlimited-Sasuke Vietnam – based upon the successful US version called American Ninja Warrior.

Society

Two 600-year-old trees in northern Vietnam recognized as national heritage
10:06 27/04/2015 Two 600-year-old trees in northern Vietnam recognized as national heritage

The Vietnam Association for Conservation of Nature and Environment on Friday recognized two ancient gold apple trees planted near the Ho Dynasty Citadel, a world cultural heritage site, in Vinh Loc District in the north-central province of Thanh Hoa as national heritage.

Sports

Vietnam alters plan to host 2016 Asian Beach Games to practice thrift
16:00 27/04/2015 Vietnam alters plan to host 2016 Asian Beach Games to practice thrift

Vietnam has made some changes in its plan to host the 2016 Asian Beach Games (ABG) in a way that the biannual event will be economically held, the government website said Sunday, citing the Prime Minister’s ruling.

World News

US aid team heads to Nepal quake zone
15:52 27/04/2015 US aid team heads to Nepal quake zone

Several dozen US aid workers and specially trained rescue dogs headed to Nepal on Sunday aboard a military transport plane to provide urgent assistance after the huge earthquake that killed more than 2,500 people.

Your Consultant

Green lending offers a new local growth model
10:57 20/04/2015 Green lending offers a new local growth model

Vietnam is one of the world’s most vulnerable countries in terms of climate variability and change. Current global emission trends, leading to the world becoming 4°C warmer by 2100, will dramatically increase the country’s vulnerabilities to climate-related threats, such as increased incidences of natural disasters and rising sea levels.