Vietnam Investment Review - VIR

Corporate

Piaggio Vietnam recalls 630 faulty scooters
12:15 24/01/2015 Piaggio Vietnam recalls 630 faulty scooters

Piaggio Vietnam, a subsidiary of Italy’s Piaggio Group, one of the world’s leading manufacturers of scooters and motorbikes, on January 24 announced to recall nearly 630 imported CKD scooters in the Vietnamese market.

Investing

SHTP  to attract $150 million in investment capital
11:17 24/01/2015 SHTP to attract $150 million in investment capital

Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City plans to lure in $150 million in investment capital in 2015, 40 per cent of which will come from foreign direct investment (FDI) capital.

Tech

Dutch approve large-scale testing of self-driving cars
11:54 24/01/2015 Dutch approve large-scale testing of self-driving cars

The Dutch government approved large-scale testing of self-driving cars and trucks on public roads, saying the technology could greatly reduce traffic jams and improve road safety.

Property

Ascott opens its first serviced residence in Haiphong
16:38 24/01/2015 Ascott opens its first serviced residence in Haiphong

CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has opened its first Somerset serviced residence in the northern port city of Haiphong.

Money

Euro hits US$1.11 in post-ECB stimulus slide
11:54 24/01/2015 Euro hits US$1.11 in post-ECB stimulus slide

The euro fell again against the dollar on Friday (Jan 23), hitting a new 11-year low a day after the ECB unveiled a vast bond-buying program to revive the Eurozone.

Province

Coffee festival to return to Dak Lak in March
09:01 23/01/2015 Coffee festival to return to Dak Lak in March

Around 200 local and foreign businesses will take part in the fifth Buon Ma Thuot Coffee Festival to be held in Dak Lak Province's Buon Ma Thuot City from March 8-12.

Travel

ANA now offers Japan's most comprehensive in-flight entertainment system
15:39 23/01/2015 ANA now offers Japan's most comprehensive in-flight entertainment system

All Nippon Airways (ANA) next month will launch Japan's most comprehensive in-flight entertainment system, offering a total of 351 channels with a broad range of content including international movies and overseas television series.

Leisure

Titanic survivor letter sells for nearly US$12,000
12:09 24/01/2015 Titanic survivor letter sells for nearly US$12,000

An indignant letter from a British aristocrat who survived the sinking of the Titanic in 1912 has sold for US$11,875, an auction house in New England said.

Society

Supermarkets sell dubious veggies
10:16 24/01/2015 Supermarkets sell dubious veggies

Vegetables delivered by Ba Chu Safe Vegetables Co., Ltd. have been removed from display racks at BigC, Metro and Lotte Mart, the three biggest supermarket chains in Ha Noi, following a scandal over their origin.

Sports

Phuong wins Asian tennis championship title
10:07 24/01/2015 Phuong wins Asian tennis championship title

Nguyen Van Phuong won the boys' singles title at the 2015 Asia U14 Tennis Championship, Division II, in HCM City's Phu Tho Sports Centre this morning.

World News

Iraq PM says retaking Mosul from IS 'can be done'
11:45 24/01/2015 Iraq PM says retaking Mosul from IS 'can be done'

Iraq's premier expressed confidence that the country's struggling army is capable of retaking the city of Mosul from the Islamic State group.

Your Consultant

Energy-saving buildings offer banks new financial products
11:45 12/01/2015 Energy-saving buildings offer banks new financial products

Nearly half of the world’s energy consumption is a result of cooling, heating and ventilating buildings, while construction work is responsible for more than half of the globe’s resources consumption. Addressing these significant levels of consumption is becoming increasingly urgent with greenhouse gas emissions expected to double by 2030, with emerging markets among key contributors to this increase.