Vietnam Investment Review - VIR

Corporate

Citi announces $100 Billion to finance sustainable growth
12:51 28/02/2015 Citi announces $100 Billion to finance sustainable growth

Citi has just announced a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of climate change and create environmental solutions that benefit people and communities.

Investing

Ministry plans to sell operation rights to int'l airports
15:49 27/02/2015 Ministry plans to sell operation rights to int'l airports

Thang said revenue from the selling of operation rights of the international airport on Phu Quoc Island in Kien Giang will help modernise other airports in Viet Nam.

Tech

FPT Online signs deal with Japanese digital advertiser
09:31 27/02/2015 FPT Online signs deal with Japanese digital advertiser

Japan's DA Consortium (DAC) has signed a memorandum of understanding with Viet Nam's FPT Online Service Joint Stock Company on transfer of technology and investment opportunities.

Property

Readying for the new real estate upturn
18:24 27/02/2015 Readying for the new real estate upturn

Neil MacGregor, managing director of Savills Vietnam, who has more than 15 years’ experience working in real estate in Vietnam provides a run-down of the experiences of the last decade for the country’s real estate market and as the market moves into a new cycle for 2015, he reveals his predictions for the prospects of the year ahead.

Money

VEFAC to sell 16.27 million shares during IPO
09:26 27/02/2015 VEFAC to sell 16.27 million shares during IPO

The Vietnam Exhibition Fair Centre Co. Ltd. (VEFAC) will auction nearly 16.27 million shares during its initial public offering (IPO) on March 20, the Ha Noi Stock Exchange has announced.

Province

Dong Nai exports $900m worth of pepper
15:48 27/02/2015 Dong Nai exports $900m worth of pepper

Pepper exports from Dong Nai Province had record-high earnings of US$12,200 per tonne in the first two months of the year, according to the provincial Statistics Office.

Leisure

Exciting rice cooking contest in Hanoi
11:17 27/02/2015 Exciting rice cooking contest in Hanoi

Thi Cam villagers in Xuan Phuong commune of Hanoi’s Tu Liem district gathered at the communal house on the 8th day of the first lunar month to take part in the traditional rice cooking contest.

Society

Transport minister fires entire project management unit for tardy progress
09:49 27/02/2015 Transport minister fires entire project management unit for tardy progress

The Vietnamese Transport Minister has decided to replace the entire management project unit that is in charge of road upgrade projects in south-central Vietnam after finding it should be held responsible for the projects’ tardy progress.

Sports

Pochettino gamble backfires as Tottenham tumble in Europe
11:07 27/02/2015 Pochettino gamble backfires as Tottenham tumble in Europe

Goals from Mario Gomez and Mohamed Salah sent Fiorentina into the last-16 of the Europa League on Thursday (Feb 26) as they beat Tottenham 2-0 on the night and 3-1 on aggregate.

World News

Oil prices tumble on revived oversupply worries
10:56 27/02/2015 Oil prices tumble on revived oversupply worries

World oil prices fell sharply on Thursday (Feb 26) as the market appeared to do a double-take on the US oil inventories report showing US crude stockpiles hit a fresh record.

Your Consultant

HCM City youth call on banks, firms to stop funding fossil fuels
15:46 25/02/2015 HCM City youth call on banks, firms to stop funding fossil fuels

A series of activities on climate change and energy have been launched by 350.org Viet Nam aimed at raising people's awareness about the threat of a carbon bubble.