Vietnam Investment Review - VIR

Corporate

Vietnam premier wants to finish privatizing 289 state-run firms by 2015
15:08 27/03/2015 Vietnam premier wants to finish privatizing 289 state-run firms by 2015

Transforming state-run enterprises into joint stock companies is now a top priority of the government and it should be done by the end of this year, Vietnamese Prime Minister Nguyen Tan Dung requested Thursday.

Investing

Muong Thanh’s boss with the “fast money velocity” plan
15:03 25/03/2015 Muong Thanh’s boss with the “fast money velocity” plan

His modest apperance, humble clothes and particularly the inseparable traditional bamboo pipe popularly used by farmers and ordinary   people make Le Thanh Than much far from a successful businessman. The only one clearly visible sign of his wealth is possibly his Rolls-Royce Phantom car.

Tech

Twitter takes on Meerkat with Periscope streaming app
14:33 27/03/2015 Twitter takes on Meerkat with Periscope streaming app

The battle for live streaming smartphone video heated up on Thursday as Twitter launched its Periscope application, taking on fast-rising online rival Meerkat, which unveiled a fresh round of capital investment.

Property

Doors open for foreign homebuyers
16:03 25/03/2015 Doors open for foreign homebuyers

Hoa Binh Group has become the first local developer to capitalise on the amended Residential Housing Law to sell apartments to foreigners.

Money

FIS to help LaoVietBank develop IT strategy
09:10 27/03/2015 FIS to help LaoVietBank develop IT strategy

FPT Information System (FIS) will become the main partner of LaoVietBank and help it implement its information technology (IT) strategies during the 2015 to 2020 period.

Province

Dong Nai to build homes despite pollution warnings
09:16 26/03/2015 Dong Nai to build homes despite pollution warnings

The Dong Nai People's Committee said it plans to go ahead with housing construction on land reclaimed from the Dong Nai River despite a warning from the Viet Nam River Network that it would harm the river.

Travel

Vietnam carrier cuts fares over development deal with tourism association
09:16 27/03/2015 Vietnam carrier cuts fares over development deal with tourism association

A Vietnamese budget carrier has pledged to slash ticket prices by up to 50 percent to help spur the growth of the country’s tourism industry after it entered into partnership with the Ho Chi Minh Tourism Association.

Society

Govt launches probe into cause of fatal Vung Ang scaffold collapse
15:04 27/03/2015 Govt launches probe into cause of fatal Vung Ang scaffold collapse

Construction Minister Trinh Dinh Dung is leading an investigation into the cause of the collapse of a 30-metre-high scaffold in Ha Tinh Province, which killed 13 workers and injured another 28, saying it was a "wake-up call" for construction in Vietnam.

Sports

Pospisil spoils Del Potro's return in Miami
14:30 27/03/2015 Pospisil spoils Del Potro's return in Miami

Canadian Vasek Pospisil spoiled Juan Martin del Potro's return from injury on Thursday with a 6-4, 7-6 (9/7) first-round win over the former US Open champion in Miami.

World News

12 hurt in New York building collapse, blaze
14:44 27/03/2015 12 hurt in New York building collapse, blaze

Twelve people were hurt when two New York buildings collapsed and a blaze tore through neighboring properties on Thursday (Mar 26) in what preliminary indications suggested was a gas-related explosion.

Your Consultant

New rules ease PPP implementation
14:40 10/03/2015 New rules ease PPP implementation

The government recently released Decree 15 to provide a comprehensive legal framework for public-private partnership projects, replacing the old regulations. Net Le and Loi Huynh of LNT & Partners took a closer look.