Vietnam Investment Review - VIR

Corporate

Bio Ethanol Dung Quat closed for unpaid debts
08:55 27/07/2016 Bio Ethanol Dung Quat closed for unpaid debts

The Bio Ethanol Dung Quat Plant was closed for defaulting on the VND1.3 trillion debt it owed the banks, the State Bank of Viet Nam's Quang Ngai Province branch said.

Investing

More Thai investors look opportunities in Vietnam
09:58 27/07/2016 More Thai investors look opportunities in Vietnam

Vietnam is becoming an attractive investment destination for Thai firms as it embraces a more friendly business climate with increasing participation in trade blocs.

Tech

Yahoo seals US$4.8b deal with Verizon for its core assets
09:55 26/07/2016 Yahoo seals US$4.8b deal with Verizon for its core assets

SAN FRANCISCO: Yahoo sealed a deal on Monday to sell its core business to telecom giant Verizon for US$4.8 billion, ending a two-decade run as an independent company for the internet pioneer.

Property

Vietnamese M&A property deals among Asia Pacific Top Ten
10:06 27/07/2016 Vietnamese M&A property deals among Asia Pacific Top Ten

Asiana Airlines Inc.’s sale of InterContinential Asiana Saigon Hotel to Saigon Boulevard Holdings Pte. has been ranked among the Top Ten Biggest Property Real Estate Deals in Asia Pacific in the first half of 2016, according to information published by Jones Lang Lasalle Consulting Company (JLL).

Money

On HCM City bourse, investors fancy property stocks
09:00 27/07/2016 On HCM City bourse, investors fancy property stocks

Trading in real estate stocks has shot up in the last month, with the volume reaching a total of 1.1 billion shares, a seminar heard in HCM City on Monday.

Province

Dong Nai’s FDI attraction surpasses 134% of the year’s plan
10:39 25/07/2016 Dong Nai’s FDI attraction surpasses 134% of the year’s plan

Dong Nai province attracted US$1.34 billion in new and additional foreign direct investment (FDI) pledges as of July 19, up 20% year-on-year and equivalent to 134% of the year’s plan, according to the provincial Department of Planning and Investment.

Travel

Halong Bay ranks 3rd in Southeast Asia’s most ideal destinations
09:18 27/07/2016 Halong Bay ranks 3rd in Southeast Asia’s most ideal destinations

Touropia, which features the most amazing sights around the world divided into “best of” lists, has recently named Halong Bay as the third most ideal tourist attraction in Southeast Asia.

Leisure

Toyota concert to bring the audience back to the 19th
10:15 27/07/2016 Toyota concert to bring the audience back to the 19th

Toyota Motor Vietnam (TMV) in cooperation with the Vietnam National Symphony Orchestra (VNSO) yesterday announced the Toyota Concert Tour 2016 with the theme of Russian classical music.

Society

Vietnam braces for storm Mirinae
09:11 27/07/2016 Vietnam braces for storm Mirinae

The Central Steering Committee for Flood and Storm Control and the National Committee for Search and Rescue held a teleconference on July 26 to deploy works to coping with typhoon Mirinae – the first to batter Vietnam this year.

Sports

First world championship of traditional Vietnamese martial arts to begin this week
09:23 27/07/2016 First world championship of traditional Vietnamese martial arts to begin this week

Martial artists from 30 countries will gather in Ho Chi Minh City this week to compete in the first world championship oftraditional Vietnamese martial arts.

World News

Merkel faces hot summer over refugee stance after attacks
09:30 27/07/2016 Merkel faces hot summer over refugee stance after attacks

BERLIN: A rash of attacks in Germany has emboldened political rivals of Chancellor Angela Merkel, blaming her liberal asylum policy for exposing the country to a shocking week of bloodshed.

Your Consultant

Circular outlines tax incentives
09:45 21/07/2016 Circular outlines tax incentives

The finance ministry issued Circular No. 83/2016/TT-BTC (“Circular 83”) on June 17, 2016.