Vietnam Investment Review - VIR

Corporate

Future seems ‘grim’ for Vietnam’s steel industry
17:41 31/08/2015 Future seems ‘grim’ for Vietnam’s steel industry

Vietnam and the Eurasian Economic Union (EEU) signed a free trade agreement (FTA) on May 29, 2015 –  the first such trade deal struck by the Moscow led body with a third country as it seeks to bolster its presence in Asian markets.

Tech

City uses more IT in public services
10:26 31/08/2015 City uses more IT in public services

HCM City has increased the use of information technology in public administration, helping usher in e-governance, according to a Government report.

Property

Novaland to showcase its projects at HCM City, Ha Noi exhibitions
09:47 29/08/2015 Novaland to showcase its projects at HCM City, Ha Noi exhibitions

Housing developer Novaland Group on August 28 announced plans to hold exhibitions in Ha Noi and HCM City in September to introduce its projects.

Money

Market stabilises but fears remain
07:49 31/08/2015 Market stabilises but fears remain

Despite the domestic stock market getting back on track after a drastic plunge last week, a long-term rally remains uncertain.

Province

Da Nang looks for more Japanese investment
10:16 31/08/2015 Da Nang looks for more Japanese investment

Viet Nam has become the second biggest destination for Japanese investors in ASEAN – after Thailand – with 1,463 members in the Federation of Japanese Chambers of Commerce and Industry in ASEAN (FJCCIA).

Travel

A specialty of Cham people
10:47 31/08/2015 A specialty of Cham people

Tung lamaow is a famous traditional dish of Cham people in the border town of Chau Doc in An Giang Province. To eat it, people in HCMC previously had to travel to An Giang but today they do not have to do that as in the heart of HCMC there is a restaurant called Hem serving this dish.

Leisure

Germany to screen eight films in Vietnam
11:45 31/08/2015 Germany to screen eight films in Vietnam

The sixth German Film Festival will kick off in Vietnam next month with eight movies to be screened in Hanoi, Hue, Danang and HCMC between September 6 and 20, according to the Goethe Institut’s website.

Society

2,000 ready to fight possible flooding in Hanoi on National Day
17:37 31/08/2015 2,000 ready to fight possible flooding in Hanoi on National Day

A drainage company will put a large number of staffers and vehicles on standby to cope with any flood that may be caused by heavy rains in Hanoi on National Day (September 2), local media said.

Sports

Swansea end Manchester Utd's unbeaten start
10:50 31/08/2015 Swansea end Manchester Utd's unbeaten start

Second-half goals from Andre Ayew and Bafetimbi Gomis earned Swansea City a stirring 2-1 victory over Manchester United on Sunday as Garry Monk's side went fourth in the Premier League.

World News

11 dead, 219 injured in fire at Saudi oil giant housing complex
10:50 31/08/2015 11 dead, 219 injured in fire at Saudi oil giant housing complex

At least 11 people were killed and 219 injured when a fire broke out at a residential complex housing employees of oil giant Saudi Aramco on Sunday (Aug 30).

Your Consultant

New criteria for SOE classification needed to speed up equitisation
09:54 29/08/2015 New criteria for SOE classification needed to speed up equitisation

It is necessary to tweak the criteria for classification of State-owned enterprises (SOEs) to speed up their equitisation and improve their efficiency, a workshop in Ha Noi on August 28 heard.