Vietnam Investment Review - VIR

Corporate

TAS earns prestigious accreditation by WASC
10:02 06/07/2015 TAS earns prestigious accreditation by WASC

The American School (TAS) is pleased to announce it has been granted accreditation by the Western Association of Schools and Colleges (WASC).

Investing

A fruitful US-Vietnam partnership
08:22 06/07/2015 A fruitful US-Vietnam partnership

As Vietnam and the US celebrate the 20th anniversary of normalised relations this month, prominent economist Nguyen Mai looks into the vicissitudes of the two countries’ trade relations, and examines why the US has become Vietnam’s leading export market and investment partner.

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

Beach project loses license for missing capital deadline in Vietnam’s Nha Trang
10:30 06/07/2015 Beach project loses license for missing capital deadline in Vietnam’s Nha Trang

A megaproject criticized for being environmentally unfriendly in the south-central Vietnamese province of Khanh Hoa has lost its investment license for failing to raise enough capital on time as committed.

Money

Bond issuance dips make for a disappointing second quarter
08:23 06/07/2015 Bond issuance dips make for a disappointing second quarter

The second quarter of 2015 was one of the most disappointing periods for the primary bond market in the past four years, recording the second lowest issuance amount.

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

Vietnam’s Phong Nha-Ke Bang Park gets 2nd UNESCO recognition as world heritage
10:25 06/07/2015 Vietnam’s Phong Nha-Ke Bang Park gets 2nd UNESCO recognition as world heritage

Vietnam's Phong Nha-Ke Bang National Park, which boasts the world's largest cave Son Doong, was recognized as a world heritage site for the second time by the UNESCO on Friday, the park’s management board said.

Leisure

World artists to judge 2nd Vietnam belly dance contest
10:47 06/07/2015 World artists to judge 2nd Vietnam belly dance contest

Professional foreign belly-dancers will join the judging panel of the second Vietnam Belly Dance Festival held by Saigon Belly Dance at SC Vivo City shopping center in HCMC’s District 7 on July 11-12.

Society

Ho Chi Minh City delays collection of road fees from bike owners
10:25 06/07/2015 Ho Chi Minh City delays collection of road fees from bike owners

Ho Chi Minh City administration should not collect road maintenance fees from motorbike owners until the municipal People’s Council finishes reviewing all relevant reports of applying the collection, the council has requested.

Sports

US crush Japan 5-2 to win third Women's World Cup title
11:14 06/07/2015 US crush Japan 5-2 to win third Women's World Cup title

The United States have won the Women's World Cup after a resounding 5-2 win over defending champions Japan in the final in Vancouver.

Your Consultant

New foreign equity cap to spur market
08:00 06/07/2015 New foreign equity cap to spur market

Pursuant to a plan to upgrade Vietnam’s “frontier” market classification to “emerging” market classification at MSCI and increase the flow of foreign capital to the local stock markets, on June 26 the Vietnamese government issued  the landmark Decree No60/2015/ND-CP (Decree 60) to lift the 49 per cent foreign equity cap for public companies. Decree 60 is intended to add vitality to the Vietnam stock markets and boost the equitisation of state enterprises.