Vietnam Investment Review - VIR

Corporate

Metro to pay additional tax
15:46 21/04/2015 Metro to pay additional tax

METRO Cash & Carry Vietnam (MCC) will have to pay VND507 billion (US$23.8 million) as additional tax to the State budget.

Investing

Feed-in tariff shortfall puts EU investment off
14:52 21/04/2015 Feed-in tariff shortfall puts EU investment off

Low feed-in tariffs will continue hampering Vietnam’s ability to attract private power investors.

Tech

Viettel launches its OTT service
15:37 21/04/2015 Viettel launches its OTT service

Viettel Telecom, a member company of the Viettel Group, on April 20 launched its own over-the-top (OTT) service that provides free Internet-based calls and messaging to users.

Property

Speculators dampen capital’s sales recovery
14:58 21/04/2015 Speculators dampen capital’s sales recovery

Hanoi’s real estate market has seen impressive improvements in the first quarter of this year, despite signs of unwanted price-increases.

Province

Korean firm to build factory in Ha Nam
15:34 21/04/2015 Korean firm to build factory in Ha Nam

ACE Technology Corporation's Project Management Director M H Kim said the firm would construct a factory in Ha Nam province, to produce wireless antennas and filters used in smartphones.

Travel

It’ll take Vietnam a long time to ease visa rules, insiders say
16:21 20/04/2015 It’ll take Vietnam a long time to ease visa rules, insiders say

While most of those working in Vietnam’s tourist industry agree that granting visa exemption to more countries will lure more visitors to Vietnam, the country’s tourism administration has said that is going to take a really long time.

Leisure

Royal rickshaw comes home, to be displayed in central Vietnam
10:07 20/04/2015 Royal rickshaw comes home, to be displayed in central Vietnam

A rickshaw which belonged to a king of the Nguyen Dynasty (1802-1945), Vietnam’s last monarchy, has finally arrived home after some 100 years being away and will be put on display in the central region next week as a happy ending for insiders’ unprecedentedly concerted efforts.

Society

Warplane pilots could hardly survive in crash off central Vietnam: Lt Gen
15:49 21/04/2015 Warplane pilots could hardly survive in crash off central Vietnam: Lt Gen

The two pilots of two Su-22 fighter jets that disappeared while flying off south-central Vietnam during a training exercise last week could have died on duty, a senior military official has said.

Sports

Minh drops to 31st in badminton rankings
10:57 21/04/2015 Minh drops to 31st in badminton rankings

Viet Nam's top player Nguyen Tien Minh slid one spot to 31st in the world badminton rankings, the Badminton World Federation announced.

World News

800 dead in Mediterranean migrant shipwreck: UN
10:13 21/04/2015 800 dead in Mediterranean migrant shipwreck: UN

The United Nations refugee agency in Italy has confirmed 800 migrants died in a shipwreck off Libya on Sunday (Apr 19) after speaking to survivors of the disaster.

Your Consultant

Green lending offers a new local growth model
10:57 20/04/2015 Green lending offers a new local growth model

Vietnam is one of the world’s most vulnerable countries in terms of climate variability and change. Current global emission trends, leading to the world becoming 4°C warmer by 2100, will dramatically increase the country’s vulnerabilities to climate-related threats, such as increased incidences of natural disasters and rising sea levels.