Vietnam Investment Review - VIR

Corporate

Japanese firm inaugurates tyre plant in Hai Phong
09:03 25/10/2014 Japanese firm inaugurates tyre plant in Hai Phong

Bridgestone Tyre Manufacturing Vietnam Co., Ltd (BTMV), a subsidiary of Japan’s Bridgestone Asia Pacific Pte. Ltd (BSCAP), launched its first tyre plant in Vietnam in the Dinh Vu Industrial Zone, the northern Hai Phong port city, on October 24.

Investing

14:51 23/10/2014 "Made in India" program calls for investment from Vietnam

India is calling for capital inflows from abroad, including Vietnam, to boost economic growth and job creation after a decade of slow growth and high inflation to set the stage for "Made in India" – a national program promoting industrial production launched by the Indian Prime Minister Narendra Modi at the end of September

Tech

Microsoft drops Nokia name from smartphones
09:24 25/10/2014 Microsoft drops Nokia name from smartphones

Microsoft has said it is dropping the Nokia name from its Lumia smartphones rebranding, as Lumia is now part of a family of Microsoft products.

Property

First joint venture on property management set up
11:00 24/10/2014 First joint venture on property management set up

Japan’s Asia Business Investment Company and KS Community Company on October 13 set up a joint venture with domestic PMC to operate property management and consultation services.

Money

Asia markets mixed after Wall Street gains
09:27 25/10/2014 Asia markets mixed after Wall Street gains

Tokyo closed up 1.01 percent and Sydney rose 0.54 percent while Seoul fell 0.31 percent. Shanghai ended flat while Hong Kong closed 0.13 percent lower.

Province

Southern region needs connections
09:06 24/10/2014 Southern region needs connections

HCM CITY - The Southern Key Economic Zone, which comprises HCM City and seven provinces, has succeeded in improving its infrastructure and economy since its establishment in 1998, but still needs to improve connections among provinces to exploit its competitive advantages.

Travel

Bao Loc – the city of waterfalls
09:53 25/10/2014 Bao Loc – the city of waterfalls

A lot of hearsays have it that Bao Loc City in the Central Highlands of Lam Dong is home to numerous wonders.

Leisure

Vietnamese Ao Dai to be shown in France
09:43 25/10/2014 Vietnamese Ao Dai to be shown in France

Miss Vietnam 2010 Ngoc Han will present Ao Dai (Vietnamese traditional dress) of leading domestic designers at Paris City Hall (Hotel de ville de Paris) on November 3 during her cultural exchange visit to France.

Society

Vietnam banking tycoon detained on suspicion of fraud
08:55 25/10/2014 Vietnam banking tycoon detained on suspicion of fraud

Former chairman and founder of Dai Duong (Ocean) Bank, Ha Van Tham, has been announced today by police to be held for four months for investigating his financial irregularities.

Sports

Administrator takes charge of ailing Caterham F1 team
09:34 25/10/2014 Administrator takes charge of ailing Caterham F1 team

Administrators have taken control of the crisis-hit Caterham F1 team as the ongoing row over its management could see the team struggle to make the US Grand Prix on Nov 2.

World News

Egypt imposes state of emergency in Sinai after bomb kills 30 soldiers
09:14 25/10/2014 Egypt imposes state of emergency in Sinai after bomb kills 30 soldiers

The emergency measures will begin on Saturday (Oct 25) "for a duration of three months", the presidency said in a statement in the wake of the deadliest attack on the security forces since the army deposed Islamist president Mohamed Morsi last year.

Your Consultant

MPI encourages eco-IPs
08:38 20/10/2014 MPI encourages eco-IPs

With industrial parks across the nation facing the challenge of meeting emission restrictions, the Vietnamese government is encouraging investors to develop eco-industrial parks for sustainable  growth.