Vietnam Investment Review - VIR

Corporate

Vietnam to cut time to clear customs by 30 pct in 2015: ministry
10:49 | 20/08/2014 Vietnam to cut time to clear customs by 30 pct in 2015: ministry

Businesses will have to wait a shorter time to have customs cleared for their imports and exports next year, a deputy minister of finance said Tuesday.

Investing

Phu Yen Beer buy-out deepens Masan’s beverage influence
12:36 | 20/08/2014 Phu Yen Beer buy-out deepens Masan’s beverage influence

Masan, one of Vietnam’s largest companies, has officially ventured into the beverage sector with its $12 million acquisition of Phu Yen Beer.

Tech

Low-cost smartphones boost Android
08:39 | 20/08/2014 Low-cost smartphones boost Android

A surge in low-cost smartphone sales, notably in emerging markets, helped the Google Android platform extend its dominance in the second quarter, a survey showed on Thursday (Aug 14).

Property

Da Nang housing construction falls in H1
14:09 | 19/08/2014 Da Nang housing construction falls in H1

Production volume for the property market here fell slightly by 1 per cent in the first half of 2014, a property consultancy company report showed.

Money

Dollar firms after upbeat US housing data
09:05 | 20/08/2014 Dollar firms after upbeat US housing data

The dollar strengthened against other major currencies on Tuesday (Aug 19) after US data showed an encouraging surge in housing construction and inflation remained tame.

Province

Bac Giang told to attract FDI to agriculture sector
14:13 | 20/08/2014 Bac Giang told to attract FDI to agriculture sector

The northern province of Bac Giang should try and attract foreign direct investment into developing agriculture, President Truong Tan Sang said yesterday.

Travel

Ba Na with four seasons in a day
09:48 | 20/08/2014 Ba Na with four seasons in a day

While golden rays glisten upon Tien Sa Bay, autumn raindrops still drizzle on the path heading to Ba Na Mountain, so ‘four seasons in the mist’ is my description about the mount at the height of 1,487 meters above sea level. In a same day in Ba Na, people can admire the greenness of spring, a bit goldenness of summer, the romance of fall and chill of winter.

Leisure

H'Mong people show flute skills in August festival
15:47 | 20/08/2014 H'Mong people show flute skills in August festival

The H'Mong ethnic minority people’s traditional Khen (flute) festival is set to take place in Dong Van district, Ha Giang province on August 30-31 featuring a wide range of special activities.

Society

PM tries to boost ODA disbursement
12:43 | 20/08/2014 PM tries to boost ODA disbursement

In a bid to boost disbursement of committed official development assistance (ODA), the government is scrambling to arrange the needed corresponding funds for next year.

Sports

Arsenal held, Athletic gain upper hand in Napoli
08:58 | 20/08/2014 Arsenal held, Athletic gain upper hand in Napoli

Ten-man Arsenal were left frustrated after a 0-0 stalemate at Besiktas in Tuesday's (Aug 19) Champions League play-off round first leg while Athletic Bilbao earned the upper hand in their tie with Napoli following a 1-1 draw in Italy.

World News

Jihadists claim beheading of US journalist
14:17 | 20/08/2014 Jihadists claim beheading of US journalist

Jihadist group the Islamic State posted a video Tuesday (Aug 20) showing the apparent execution of American journalist James Foley and threatened to kill a second reporter unless the United States halts air strikes in Iraq.