Vietnam Investment Review - VIR

Corporate

Sumitomo wins deal to build extended thermal power plant
10:33 27/11/2014 Sumitomo wins deal to build extended thermal power plant

Vietnam Electricity Group (EVN) on November 25 awarded an engineering, procurement and construction (EPC) contract worth US$891 million to Japan’s Sumitomo to build the extended Duyen Hai 3 thermal power plant.

Investing

Intel Vietnam on the verge of opening CPU production line
16:52 26/11/2014 Intel Vietnam on the verge of opening CPU production line

Intel is gearing up for the completion of its CPU production line at its Ho Chi Minh City-based assembly and testing plant by the end of November, according to CEO of Intel Products Vietnam Sherry Boger.

Property

Vietnam adopts new rules allowing 50-year foreign ownership over houses
13:51 26/11/2014 Vietnam adopts new rules allowing 50-year foreign ownership over houses

Vietnamese lawmakers have approved the revised Law on Housing, allowing foreign ownership of houses or apartments for 50 years, as the government seeks to boost the ailing domestic real-estate market.

Province

Spain funds HCM City’s Metro line No.5 construction study
09:32 27/11/2014 Spain funds HCM City’s Metro line No.5 construction study

The Spanish government has pledged to provide €3.4 million for Ho Chi Minh City to carry out a pre-feasibility study for Metro line No.5 which will link Saigon bridge to new Can Giuoc coach station.

Travel

Roasted Terminalia catappa fruit seeds on Con Dao
10:38 27/11/2014 Roasted Terminalia catappa fruit seeds on Con Dao

Terminalia catappa, or bang in Vietnamese can be seen around the country. However, visitors to Con Dao Island off mainland Ba Ria-Vung Tau Province may be astonished to learn that the roasted fruit of Terminalia catappa is a unique specialty there. Of course, some small packs of the roasted fruit will be perfect gifts for family and friends after a visit to the island.

Leisure

RockStorm7 attracts new talent
10:40 27/11/2014 RockStorm7 attracts new talent

More rock bands will gather at Vietnam’s biggest rock concert RockStorm, which is in its 7th edition with six live shows nationwide, starting from Saturday.

Society

Tropical depression heading for East Sea, likely to become storm
15:02 27/11/2014 Tropical depression heading for East Sea, likely to become storm

A tropical depression that formed south of the Philippines is moving rapidly towards the East Sea and is likely to develop into a storm, the Vietnamese National Center for Hydro-Meteorological Forecasting has warned.

Sports

Double points to be scrapped next year
15:56 27/11/2014 Double points to be scrapped next year

Double points came in for the Abu Dhabi Grand Prix last weekend in a bid to keep the title fight alive to the finish.

World News

Islamic State 'most brutal threat ever' to region: Merkel
15:48 27/11/2014 Islamic State 'most brutal threat ever' to region: Merkel

German Chancellor Angela Merkel on Wednesday (Nov 25) warned that the Islamic State (IS) "is one of the most brutal threats to the lives of the people in the region ... that there has ever been".

Your Consultant

Tips to improve online candidate sourcing
11:07 24/11/2014 Tips to improve online candidate sourcing

“Give me six hours to chop down a tree and I will spend the first four hours sharpening the axe”. This timeless saying by Abraham Lincoln could not be more relevant to candidate searches. To plunge headlong into a candidate hunt without adequate front-end research and a thorough analysis of search strategy will only result in sub-par profiles and irrelevant information.