Vietnam Investment Review - VIR

Corporate

Lotte buys controlling stake in Ho Chi Minh City’s Diamond Plaza: media
14:14 06/03/2015 Lotte buys controlling stake in Ho Chi Minh City’s Diamond Plaza: media

South Korean conglomerate Lotte has replaced a compatriot company in the joint venture that owns the Diamond Plaza trade center in downtown Ho Chi Minh City, a Vietnamese newswire reported Thursday.

Investing

PM discusses major expressway investments with Ha Noi leaders
09:29 06/03/2015 PM discusses major expressway investments with Ha Noi leaders

Prime Minister Nguyen Tan Dung and four deputy PMs held a meeting yesterday with Ha Noi's leaders to discuss the capital city's socio-economic development for 2015.

Tech

Hackers threaten phone in your pocket
10:19 06/03/2015 Hackers threaten phone in your pocket

The boom in smartphones among often careless users has made happy hunting for hackers, whose virus attacks and hijacking of unprotected mobiles are multiplying, experts warn.

Property

Lotte, Japanese partners to develop $2bn Eco Smart City in Vietnam
15:14 05/03/2015 Lotte, Japanese partners to develop $2bn Eco Smart City in Vietnam

South Korean conglomerate Lotte will join hands with two Japanese groups to develop a multibillion-dollar real estate complex in Ho Chi Minh City.

Money

Vietnam cbank mulls acquiring GP.Bank, Ocean Bank following construction bank buyout
14:19 06/03/2015 Vietnam cbank mulls acquiring GP.Bank, Ocean Bank following construction bank buyout

The State Bank of Vietnam (SBV) is considering taking over other loss-making local financial institutions including the unlisted GP.Bank and Ocean Bank, according to Deputy Governor Nguyen Phuoc Thanh.

Province

HCM City ups the ante on FDI
11:27 05/03/2015 HCM City ups the ante on FDI

HCM City has cumulatively attracted 5,300 foreign direct investment (FDI) projects and US$36 billion in pledged investment, city leaders announced at a March 4 meeting with foreign investors.

Travel

The tranquil beauty of Co Chat Village
16:48 05/03/2015 The tranquil beauty of Co Chat Village

Nestled on the banks of the gentle Ninh River in Nam Dinh City, the village of Co Chat in Phuong Dinh commune, Truc Ninh district, is famous for its sericulture.

Leisure

Harrison Ford 'battered but okay' after LA plane crash
10:17 06/03/2015 Harrison Ford 'battered but okay' after LA plane crash

The 72-year-old "Indiana Jones" and "Star Wars" actor suffered multiple gashes to his head and was left bleeding after the crash of the vintage two-seater plane, according to the TMZ celebrity website.

Society

Ha Noi job promotion centre sees employer-applicant gap
09:38 06/03/2015 Ha Noi job promotion centre sees employer-applicant gap

Just after Tet vacation ended, Nguyen Viet Linh, 21, rushed to the Job Promotion Centre in Ha Noi just as it opened in search of career opportunities.

Sports

Kvitova withdraws from Indian Wells
09:57 06/03/2015 Kvitova withdraws from Indian Wells

Reigning Wimbledon champ Petra Kvitova has pulled out of next week's Indian Wells hardcourt tournament, saying she is fatigued and needs more time to rest.

World News

Airliner skids off La Guardia runway as winter storm hits US
10:29 06/03/2015 Airliner skids off La Guardia runway as winter storm hits US

An airliner skidded off a runway at New York's La Guardia airport on Thursday (Mar 5) and slid to halt just yards from frigid waters, as a snow storm battered the US coast from Texas to Boston.

Your Consultant

HCM City youth call on banks, firms to stop funding fossil fuels
15:46 25/02/2015 HCM City youth call on banks, firms to stop funding fossil fuels

A series of activities on climate change and energy have been launched by 350.org Viet Nam aimed at raising people's awareness about the threat of a carbon bubble.