Vietnam Investment Review - VIR

Corporate

Amazon sales surge, but spending bites into profit
09:16 28/07/2017 Amazon sales surge, but spending bites into profit

Internet colossus Amazon on Thursday reported its profit shrank in the recently ended quarter despite surging sales as it poured money into growth.

Investing

MEDIPLAST inaugurates new factory in Bac Ninh
18:20 27/07/2017 MEDIPLAST inaugurates new factory in Bac Ninh

One of Vietnam's leading medical equipment manufacturers MEDIPLAST has inaugurated the MEDIPLAST medical plastic factory (phase 1) at the northern province of Bac Ninh's Dai Dong Industrial Zone.

Tech

World gears up for electric cars despite bumps in road
15:25 27/07/2017 World gears up for electric cars despite bumps in road

Technological advances mean fossil fuel in cars could be phased out within decades but switching to electric carries its own environmental and economic concerns as more and more countries announce radical plans.

Property

Bitexco steadfast in pursuing $1.35 billion urban project
17:39 26/07/2017 Bitexco steadfast in pursuing $1.35 billion urban project

In spite of the withdrawal of joint venture partner Emaar Properties PJSC, Bitexco Group, a leading Vietnamese developer, is still pursuing the development of Binh Quoi-Thanh Da urban area in Binh Thanh district, Ho Chi Minh City.

Money

Speed up investment disbursement: PM
11:46 27/07/2017 Speed up investment disbursement: PM

Prime Minister Nguyễn Xuân Phúc has asked authorities to take more drastic measures to rectify the late disbursement of investment capital for public projects, given that less than one-fourth of the funds has been disbursed.

Province

International agricultural fertilisers, machinery expo opens in HCM City
17:27 27/07/2017 International agricultural fertilisers, machinery expo opens in HCM City

The International Exhibition and Conference on Agricultural Fertilisers, Chemicals and Machinery in Viet Nam opened in HCM City on July 27.

Travel

An age-old fabric market in Saigon
11:22 27/07/2017 An age-old fabric market in Saigon

Despite numerous ups and downs of the economy, and despite drastic changes to the socio-economic landscape in HCMC, there is a special market that has maintained its special traits for decades.

Leisure

Notos Quartet to perform in HCM City
17:20 27/07/2017 Notos Quartet to perform in HCM City

The Goethe Institute in HCMC said the Notos Quartet, the award winning piano quartet from Germany will perform a special concert in Ho Chi Minh City Conservatory of Music (112 Nguyen Du Street, District 1), on August 5.

Society

Smuggling, trade fraud on the rise
11:29 27/07/2017 Smuggling, trade fraud on the rise

The national steering committee against smuggling, trade fraud and counterfeit (Steering Committee 389) has reported that 12,000 smuggling and trade fraud cases were penalised over the first six months of 2017, an increase of 1,000 cases compared to the same period of 2016.

Sports

Balotelli on target, sluggish Celtic held in Europe
09:52 27/07/2017 Balotelli on target, sluggish Celtic held in Europe

PARIS: Mario Balotelli scored for Nice in a 1-1 draw at home to Ajax while Celtic laboured to a 0-0 stalemate against Rosenborg in the first leg of Wednesday's (Jul 26) Champions League third qualifying round.

World News

Locals join firefighters battling French blazes
14:00 27/07/2017 Locals join firefighters battling French blazes

BORMES-LES-MIMOSAS: Local residents joined firefighters in southern France on Wednesday (Jul 26) to battle blazes that have forced over 10,000 people to flee and left chunks of coastal forest a blackened mess.

Your Consultant

Crop map being drawn to cope with Mekong Delta climate change
09:09 24/07/2017 Crop map being drawn to cope with Mekong Delta climate change

Scientists are compiling a crop structure map for the Mekong Delta to counter growing climate change impact in the region known as the country’s food granary.