Vietnam Investment Review - VIR

Corporate

VPBank and M.I.K Corporation join hands
10:31 03/07/2015 VPBank and M.I.K Corporation join hands

M.I.K Corporation, a leading professional real estate developer in Vietnam, has recently announced that Vietnam Prosperity Bank (VPBank) will act as a guarantor for its projects, following the Law on Real Estate Business coming into effect on July 1.

Investing

Kinh Bac Corp. starts construction of Trang Cat township
16:57 02/07/2015 Kinh Bac Corp. starts construction of Trang Cat township

Kinh Bac City Development Holding Corporation and subsidiary Trang Cat Urban Development Ltd. on July 1 started construction of the Trang Cat township and industrial zone in Trang Cat commune in the northern port city of Haiphong.

Tech

Large cable TV operators take over market
09:31 03/07/2015 Large cable TV operators take over market

Five major cable television providers, namely SCTV, VTVcab, VNPT, Viettel, and FPT, are competing to offer multiple services to win more subscribers.

Property

Vietnam’s new policies for foreign homebuyers have no immediate impact on market
09:55 03/07/2015 Vietnam’s new policies for foreign homebuyers have no immediate impact on market

There will not be many foreign homebuyers who immediately jump into the Vietnamese market as soon as a new policy allowing them to do so takes effect, said an expert from U.S.-owned realty consultant firm CBRE Vietnam.

Money

State to sell 51% stake in CRAC
08:27 03/07/2015 State to sell 51% stake in CRAC

The Airport Corporation of Viet Nam (ACV) will open the sale of 510,000 State-owned shares (51 per cent) in Cam Ranh Aviation Commercial JSC, HCM City, on July 16.

Province

Dong Nai firms seek trade opportunities in US
15:38 02/07/2015 Dong Nai firms seek trade opportunities in US

Businesses from the southern province of Dong Nai will get opportunities to join the supply chain of leading American retail corporations such as Costco, Target and Walmart.

Travel

10 most romantic getaways in Vietnam
10:21 03/07/2015 10 most romantic getaways in Vietnam

Vietnam is increasingly becoming popular as a romantic getaway with candlelit dinners, long walks on the beach, and pampering accommodations. These are our picks for the nation’s most romantic getaways:

Leisure

Big Bang photoshoot set in Vietnam
16:10 29/06/2015 Big Bang photoshoot set in Vietnam

Images of Big Bang, a well-known pop band from the Republic of Korea (RoK), which were set in Vietnam, have appeared on the cover of Vogue fashion magazine along with an inside photoshoot.

Society

Tap water loss reaches 30 percent in Ho Chi Minh City
09:53 03/07/2015 Tap water loss reaches 30 percent in Ho Chi Minh City

The heavy loss of tap water which has taken place for decades in Ho Chi Minh City and other localities across Vietnam has emerged on the agenda of the meeting today of the city’s Party Committee.

Sports

Decline and fall as Nadal crashes to new Wimbledon low
11:01 03/07/2015 Decline and fall as Nadal crashes to new Wimbledon low

Rafael Nadal, the 2008 and 2010 champion, slumped to a 7-5, 3-6, 6-4, 6-4 second round defeat against Dustin Brown.

World News

Greece needs US$55b more from EU: IMF
10:56 03/07/2015 Greece needs US$55b more from EU: IMF

The International Monetary Fund acknowledged a huge deterioration in Greece's prospects in recent months and slashed the country's 2015 economic growth forecast to zero per cent, from 2.5 per cent forecast in April.

Your Consultant

Decree expands foreign ownership ratio
09:49 01/07/2015 Decree expands foreign ownership ratio

The Government issued Decree No. 60/2015/ND-CP on June 26, 2015, to amend Government Decree No. 58/2012/ND-CP (20 July 2012) implementing the Law on Securities - and its amendment.