Vietnam Investment Review - VIR

Corporate

Speed Queen to open five laundries in 2017
16:39 21/08/2017 Speed Queen to open five laundries in 2017

The Speed Queen chain of laundry stores owned by Alliance Laundry Systems will open five stores in Ho Chi Minh City this year.

Investing

Companies warned about massive layoffs of workers over 35
09:27 21/08/2017 Companies warned about massive layoffs of workers over 35

Labor experts have issued warnings about the sacking of workers over 35 years old, especially at foreign invested enterprises (FIEs).

Tech

President stresses cyber crime vigilance
10:35 21/08/2017 President stresses cyber crime vigilance

President Trần Đại Quang has called on the nation to be aware of the threat of cyber crimes and the importance of ensuring network safety and security as the country embarks on the Fourth Industrial Revolution.

Property

Higher second home tax to pose challenges
09:44 19/08/2017 Higher second home tax to pose challenges

The Ministry of Finance (MoF)’s proposal to tax second and additional homes to restrict property speculation and oversupply would face challenges, experts have said.

Money

VN Index recovers on investor bottom-picking
16:14 21/08/2017 VN Index recovers on investor bottom-picking

Viet Nam’s benchmark VN Index advanced on Monday morning as strong purchases helped scoop up stocks from the index’ intraday low.

Province

Int’l plastic and rubber exhibition slated for Sept in HCM City
09:21 21/08/2017 Int’l plastic and rubber exhibition slated for Sept in HCM City

An international exhibition showcasing advanced technologies, machinery and equipment in the plastic and rubber industry will be held at Saigon Exhibition and Convention Centre in District 7 from September 13-16.

Travel

Bùi Viện pedestrian street opens for tourists
09:48 21/08/2017 Bùi Viện pedestrian street opens for tourists

Thousands of local and foreign tourists flocked to Bùi Viện Walking Street in the popular backpacker area of HCM City’s District 1 as it officially welcomed walkers at its grand opening last night.

Leisure

Bắc Ninh residents treated to love duets on boats every Saturday
12:00 21/08/2017 Bắc Ninh residents treated to love duets on boats every Saturday

Dozens of quan họ (love duets) artistes in Bắc Ninh Province – cradle of the traditional art form – are coming together every Saturday night to entertain audiences in a very special performance.

Society

Scientist invents firefighting material that reduces time, cost
09:39 21/08/2017 Scientist invents firefighting material that reduces time, cost

A Vietnamese scientist has invented and successfully tested a firefighting liquid that can douse fire in one-tenth of a second, which will be a great help in controlling widespread blazes.

Sports

Barcelona honour terror attack victims in Betis win
15:00 21/08/2017 Barcelona honour terror attack victims in Betis win

BARCELONA: Barcelona got their La Liga season off to a winning start on Sunday (Aug 20), beating Real Betis 2-0 at a emotional Camp Nou following a pair of terrorist attacks in Catalonia.

World News

Philippines deploys troops to a 2nd province to fight bird flu
14:00 21/08/2017 Philippines deploys troops to a 2nd province to fight bird flu

MANILA: The Philippines has deployed more troops to cull thousands of chickens one day after the farm ministry confirmed the spread of bird flu into a second province north of the capital, Manila.

Your Consultant

In defence of the call for raised tax
10:23 21/08/2017 In defence of the call for raised tax

There is a widespread concern that the financial obligations of businesses are too high, preventing firms from accumulating capital for business and production expansion.