Vietnam Investment Review - VIR

Corporate

Vinaxuki to sell its factory
15:51 30/07/2015 Vinaxuki to sell its factory

Xuan Kien Auto JSC (Vinaxuki) will sell its manufacturing factory Me Linh 1 in Ha Noi to repay its creditors, the company's Director General Bui Ngoc Kien announced last month.

Investing

E-Mart chain widens market for local goods
09:47 30/07/2015 E-Mart chain widens market for local goods

E-Mart, South Korea’s largest retailer, will officially open the doors to its first supermarket in Vietnam this December.

Tech

Viet Nam tops ASEAN in domain name registrations
10:20 30/07/2015 Viet Nam tops ASEAN in domain name registrations

Viet Nam ranked first among the ASEAN countries for the number of country code top-level domains registered, with 318,812 domain names added by June 30.

Property

Housing market has great appeal for foreigners after law changes
10:18 30/07/2015 Housing market has great appeal for foreigners after law changes

The real estate market, especially the high-end segment, has seen a revival and is likely to develop strongly from here thanks to the amendments to the Housing Law that permits foreigners and overseas Vietnamese to buy housing since July 1st, experts have said.

Money

VN-Index extends losses due to sluggish trading
15:49 30/07/2015 VN-Index extends losses due to sluggish trading

Shares tumbled again this morning despite a positive opening, driven by sluggish trade and rising caution about the market outlook.

Province

HCMC welcomes 2 million foreign visitors in H1
09:13 27/07/2015 HCMC welcomes 2 million foreign visitors in H1

Ho Chi Minh City catered for over 2 million foreign visitors in the first half of 2015, seeing a year-on-year increase of 3% and meeting 46% of the year target. 

Travel

Da Nang-Bangkok charter flight introduced
15:24 30/07/2015 Da Nang-Bangkok charter flight introduced

Travel firm Viettravel is offering direct charter flights between Da Nang and Bangkok on Thai Vietjet with one-way tickets priced at 2.49 million VND (119 USD).

Leisure

Artists propose ways to enliven Ho Chi Minh City pedestrian street
14:20 28/07/2015 Artists propose ways to enliven Ho Chi Minh City pedestrian street

Vietnamese cultural authorities and artists have suggested different ways to make Nguyen Hue Pedestrian Street in downtown Ho Chi Minh City teem with life.

Society

Salt water increasingly attacks Vietnam’s Mekong Delta
10:06 30/07/2015 Salt water increasingly attacks Vietnam’s Mekong Delta

The Mekong Delta, Vietnam’s biggest granary, home to a widespread network of rivers and canals, has been threatened by the rising level of salt water flowing into rice fields and farms.

Sports

Bayern Munich confirm Vidal switch from Juventus
10:48 29/07/2015 Bayern Munich confirm Vidal switch from Juventus

Bayern Munich confirmed on Tuesday they have signed Chile midfielder Arturo Vidal from Juventus on a four-year deal with Bastian Schweinsteiger's replacement reportedly costing €35 million (US$38.6 million).

World News

Fire forces two-hour shutdown at Rome airport
10:39 30/07/2015 Fire forces two-hour shutdown at Rome airport

Rome's Fiumicino airport was forced to suspend all flights for around two hours on Wednesday after a fire broke out in a nearby pine grove, spreading dense smoke across the runway.

Your Consultant

New circular introduces key corporate-income tax changes
09:50 29/07/2015 New circular introduces key corporate-income tax changes

On June 22, 2015, the finance ministry issued Circular 96/2015/TT-BTC, guiding the corporate income tax regime in Decree 12/2015/ND-CP ("Decree 12") of the government, dated February 12, 2015.