Vietnam Investment Review - VIR

Corporate

Construction of $466mn Asia Park hits by land disputes in central Vietnam
15:28 27/01/2015 Construction of $466mn Asia Park hits by land disputes in central Vietnam

A multimillion-dollar amusement park project in the central Vietnamese city of Da Nang has been marred by complaints from residents who accuse local authorities of favoring the investor while treating them unfairly over land compensation.

Investing

EU investments stymied
15:12 27/01/2015 EU investments stymied

The Eurozone crisis may hamper investments from Eurozone nations to Vietnam, as the euro’s depreciation makes investments in Vietnam more expensive.

Tech

Facebook unveils 'lite' app for emerging markets
10:03 27/01/2015 Facebook unveils 'lite' app for emerging markets

A spokesman said that the "Facebook Lite" Android app is designed "for people on 2G (second-generation) connections or in areas of limited Internet accessibility."

Property

Becamex IDC flat owners get ownership certificates
09:10 27/01/2015 Becamex IDC flat owners get ownership certificates

The Investment and Industrial Development Corporation (Becamex IDC) issued 200 social housing ownership certificates to owners of flats in the corporation's social housing project in the Binh Duong Province,

Money

Shares advance on both stock exchanges
16:28 27/01/2015 Shares advance on both stock exchanges

Shares on the HCM City Exchange rallied this morning, especially the blue chips tracked by the VN30 Index that rose 0.46 per cent to close at 615.45 points.

Province

Construction of South Korean garment factory starts in Bac Lieu
12:38 27/01/2015 Construction of South Korean garment factory starts in Bac Lieu

Construction on a Republic of Korea-invested garment factory commenced on Sunday in Chau Hung A commune in Vinh Loi District, the Mekong Delta province of Bac Lieu.

Travel

Enjoyable wine dinner at JW Marriott Hanoi
16:14 27/01/2015 Enjoyable wine dinner at JW Marriott Hanoi

The JW Marriott’s French Grill restaurant, in association with The Warehouse, will host Chateau Mouton Rothschild at JW Marriott Hotel Hanoi for a memorable wine dinner.

Leisure

$140k traditional music play debuts in Hanoi
15:47 27/01/2015 $140k traditional music play debuts in Hanoi

A performance of historical “cai luong” (reformed Vietnamese theater), which costs almost US$140,000, will be staged for free in Hanoi this week.

Society

Police seize 10 tons of fake supplementary food, detain 3
15:32 27/01/2015 Police seize 10 tons of fake supplementary food, detain 3

Vietnamese police have busted a food counterfeiting ring the northern province of Bac Ninh, detaining three people and confiscating more than 10 tons of fake supplementary food.

Sports

Djokovic romps as Williams sisters fight on
10:57 27/01/2015 Djokovic romps as Williams sisters fight on

Dominant Novak Djokovic has swept into the Australian Open last eight as the Williams sisters display fighting qualities to stay alive, but the tournament has ended for two-time champion Victoria Azarenka.

World News

S&P cuts Russia credit rating to 'junk'
09:49 27/01/2015 S&P cuts Russia credit rating to 'junk'

Standard and Poor's stripped Russia of its investment-grade rating on Monday (Jan 26), cutting it to "junk" status with a warning of weak growth.

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.