Vietnam Investment Review - VIR

Corporate

Doosan Heavy to mentor partners to start in Vietnam
22:14 22/06/2017 Doosan Heavy to mentor partners to start in Vietnam

Doosan Heavy Industries & Construction Co. has recently signed a memorandum of understanding (MoU) with its five partners at its Vietnamese operation Doosan Heavy Industries Vietnam Co. (Doosan Vina) to help them enter the Vietnamese market.

Investing

NA approves special site clearance mechanism for Long Thanh International Airport
10:56 22/06/2017 NA approves special site clearance mechanism for Long Thanh International Airport

With decisive majority, the National Assembly (NA) has passed the resolution on dividing Long Thanh International Airport’s resettlement and site clearance compensation into different component projects.

Property

Kinh Bac passes on $250-million Diamond Rice Flower complex
22:09 22/06/2017 Kinh Bac passes on $250-million Diamond Rice Flower complex

Kinh Bac Corporation yesterday announced that it had decided to transfer 100 per cent of its stakes in Lotus Hotel Development Company, the developer of the Diamond Rice Flower hotel complex, to Growing Sun Investment Joint Stock Company.

Money

Bank shares drive market down
11:25 22/06/2017 Bank shares drive market down

Shares declined for the first time in the last three days as banks lost momentum on Wednesday on rising profit-taking pressure after a long rally.

Province

Quảng Ninh’s GRDP growth sets five-year record
14:53 22/06/2017 Quảng Ninh’s GRDP growth sets five-year record

Quảng Ninh Province’s gross regional domestic product (GRDP) expanded by 9.6 per cent in the first half of this year against 9.2 per cent in the same period last year.

Travel

Visa waiver effective to promote tourism: JNTO official
09:24 21/06/2017 Visa waiver effective to promote tourism: JNTO official

Visa waiver is an effective tool to promote tourism among economies, said Yasuto Kawarabayashi, Deputy Director General of the Japan National Tourism Organisation (JNTO), on June 19.

Leisure

Fête de la Musique in full gear in Vietnam
09:37 21/06/2017 Fête de la Musique in full gear in Vietnam

The French Cultural Centre will host their annual music festival – Fête de la Musique – at their facilities on 24 Trang Tien Street in the capital city of Hanoi starting at 4:30pm Saturday (June 24).

Society

Five prosecuted for massive losses at state-run firm
14:56 22/06/2017 Five prosecuted for massive losses at state-run firm

The Ministry of Public Security’s Investigative Agency has decided to prosecute five former executives of the textile factory of the State-run giant, PetroVietnam, and a subsidiary, for causing considerable economic losses.

Sports

Việt Nam take second win at world championship
09:41 22/06/2017 Việt Nam take second win at world championship

Việt Nam beat Azerbaijan 2.5-1.5 in the fifth round match of the FIDE World Women’s Team Championship yesterday in Russia.

World News

Brexit laws head agenda for UK's 'zombie government'
12:00 22/06/2017 Brexit laws head agenda for UK's 'zombie government'

LONDON: Prime Minister Theresa May, leading a so-called "zombie" government after a disastrous election, on Wednesday (Jun 21) unveiled a diluted programme of action that included the mammoth legislation needed to take Britain out of the EU.

Your Consultant

New decree to help rice exporters
09:17 21/06/2017 New decree to help rice exporters

The Ministry of Industry and Trade is drafting a decree to remove bottlenecks for domestic rice exporters, especially small-and medium-sized enterprises (SMEs).