Vietnam Investment Review - VIR

Corporate

VinaCapital and Daiwa pour US$45 million in IDP
09:48 19/12/2014 VinaCapital and Daiwa pour US$45 million in IDP

VinaCapital Vietnam Opportunity Fund and Japan's Daiwa PI Partners will invest approximately US$45 million in Viet Nam's International Dairy Joint Stock Company (IDP).

Investing

LG Electronics leases more land in Trang Due IP
11:26 19/12/2014 LG Electronics leases more land in Trang Due IP

LG Electronics yesterday signed a land-lease agreement for the second stage of the firm’s investment expansion in the northern port city of Haiphong following the successful implementation of the first phase.

Tech

5 security threats to watch out for in 2015
11:34 19/12/2014 5 security threats to watch out for in 2015

Security and tech analyst firms highlight the threats related to the Internet of Things, new malware in hackers’ arsenal and personal health information being a target as key trends heading into the new year.

Property

Goldmark City launched in Hanoi
11:55 19/12/2014 Goldmark City launched in Hanoi

Viet Han Real Estate Construction and Trading Company on December 18 signed an exclusive management, operation and development agreement with TNR Holdings Vietnam to develop the Goldmark City project in Hanoi.

Money

Survey charts overseas remittances
09:56 19/12/2014 Survey charts overseas remittances

Most overseas remittances to Viet Nam have been used for meeting daily expenses and for purchasing gold, according to the Central Institute for Economic Management (CIEM).

Province

Binh Duong FDI beats forecast, tops $1.65b
09:47 18/12/2014 Binh Duong FDI beats forecast, tops $1.65b

The southern province of Binh Duong on December 17 said it has attracted foreign direct investment of over US$1.65 billion this year, 65 per cent higher than targeted in the beginning.

Travel

Impressive tour itinerary on offer at Danh Nam Travel
16:31 18/12/2014 Impressive tour itinerary on offer at Danh Nam Travel

The Lunar New Year (Tet) festival will come about two months later. The differences between the north, the central and south of Vietnam in climate, landscape and customs shape the colorful picture of Spring.

Leisure

Giant fish sell like hot cakes in Ho Chi Minh City restaurants
09:39 19/12/2014 Giant fish sell like hot cakes in Ho Chi Minh City restaurants

A Siamese giant carp weighing 127kg was sold within three days at a restaurant in Ho Chi Minh City at a costly price of three or four million Vietnamese dong (US$144-192) per kilogram.

Society

Rescuing trapped workers may take days
09:16 19/12/2014 Rescuing trapped workers may take days

Deputy PM Hoang Trung Hai on December 18 flew to the Central Highlands province of Lam Dong to direct the rescue of workers who are being trapped under ground in Da Dang-Dachomo hydropower plant.

Sports

Balotelli given one-match ban over racist post
11:17 19/12/2014 Balotelli given one-match ban over racist post

Liverpool striker Mario Balotelli has been suspended for one match, fined £25,000 and ordered to attend to an education course after making racist and anti-semitic comments.

World News

EU backs new sanctions as summit weighs Russia crisis
11:01 19/12/2014 EU backs new sanctions as summit weighs Russia crisis

A European Union summit has backed new sanctions against Russia over its annexation of the Crimea from Ukraine, but also noted that it didn't want to drastically hit the country in the midst of an economic crisis.