Vietnam Investment Review - VIR

Investing

Kinh Bac Corp. starts construction of Trang Cat township
16:57 02/07/2015 Kinh Bac Corp. starts construction of Trang Cat township

Kinh Bac City Development Holding Corporation and subsidiary Trang Cat Urban Development Ltd. on July 1 started construction of the Trang Cat township and industrial zone in Trang Cat commune in the northern port city of Haiphong.

Tech

Facebook tests video ads in budding YouTube challenge
15:52 03/07/2015 Facebook tests video ads in budding YouTube challenge

Facebook on Thursday (Jul 2) confirmed that it is dabbling in video ads and sharing revenue with content creators, in a move that would compete with Google-owned YouTube.

Property

Vietnam’s new policies for foreign homebuyers have no immediate impact on market
09:55 03/07/2015 Vietnam’s new policies for foreign homebuyers have no immediate impact on market

There will not be many foreign homebuyers who immediately jump into the Vietnamese market as soon as a new policy allowing them to do so takes effect, said an expert from U.S.-owned realty consultant firm CBRE Vietnam.

Money

VN-Index climbs above 600
16:07 03/07/2015 VN-Index climbs above 600

Money continued to flow into the market this morning, pushing the VN-Index up another 1.61 per cent to close at 615.44 points.

Province

$90m fibre plant to be constructed in Tay Ninh
15:10 03/07/2015 $90m fibre plant to be constructed in Tay Ninh

The Century Synthetic Fibre Corporation has been licensed to build a US$90-million fibre plant in the southern Tay Ninh Province's Trang Bang District, Nhip Cau Dau Tu online newspaper reported.

Travel

Work starts on Phu Yen tourism complex
15:17 03/07/2015 Work starts on Phu Yen tourism complex

New City Viet Nam Company Ltd broke ground of a US$1 billion tourism complex along the coast of Tuy Hoa City in the south central province of Phu Yen last Saturday.

Leisure

U.S. all-female rock band to perform in HCMC and Nha Trang
16:12 03/07/2015 U.S. all-female rock band to perform in HCMC and Nha Trang

Antigone Rising, a well-known, all-female, alternative rock music band from New York, will have performances and meetings in HCMC and Nha Trang July 7-13.

Society

Broiling heat of almost 41°C hits central Vietnam
15:30 03/07/2015 Broiling heat of almost 41°C hits central Vietnam

Scorching weather is raging in both northern and central Vietnam, with temperatures reaching 40.8 degrees Celsius on Thursday, the National Center for Hydro-Metrological Forecasting reported on Friday.

Sports

Ogier wins opening special in Rally of Poland
15:45 03/07/2015 Ogier wins opening special in Rally of Poland

Two-time world champion Sebastien Ogier began the defence of his Rally of Poland crown in sparkling fashion on Thursday (Jul 2) winning the day's only special stage in Mikolajki to the north east of Warsaw.

World News

Greece needs US$55b more from EU: IMF
10:56 03/07/2015 Greece needs US$55b more from EU: IMF

The International Monetary Fund acknowledged a huge deterioration in Greece's prospects in recent months and slashed the country's 2015 economic growth forecast to zero per cent, from 2.5 per cent forecast in April.

Your Consultant

Decree expands foreign ownership ratio
09:49 01/07/2015 Decree expands foreign ownership ratio

The Government issued Decree No. 60/2015/ND-CP on June 26, 2015, to amend Government Decree No. 58/2012/ND-CP (20 July 2012) implementing the Law on Securities - and its amendment.