Vietnam Investment Review - VIR

Corporate

Korean business invests in high-quality rice production
14:34 26/01/2015 Korean business invests in high-quality rice production

A Korean business has decided to invest VND20 billion in the development of a high-quality rice cultivation area in the southwestern province of Tay Ninh.

Investing

Vietnam betting on more casinos
09:26 26/01/2015 Vietnam betting on more casinos

Vietnam is betting on the development of casinos to boost the country’s tourism growth and make it more competitive against other tourism destinations such as Singapore, Malaysia, Thailand, the Philippines and Macau. Ngoc Linh writes.

Tech

Ransom-demanding CTB Locker virus hits 1,300 computers in Vietnam
15:02 26/01/2015 Ransom-demanding CTB Locker virus hits 1,300 computers in Vietnam

A malicious software program has targeted more than 1,300 victims and counting in Vietnam, asking them to pay ransom to avoid losing files and data, a local Internet security firm has warned.

Property

Developers take a chance on depressed assets
13:23 26/01/2015 Developers take a chance on depressed assets

Homebuyers in the Usilk City development are still waiting to move into their properties years after the supposed completion deadline as developers Song Da Thang Long ran out of funds.

Money

Euro hits 11-year low on Greece fears, equities muted
16:26 26/01/2015 Euro hits 11-year low on Greece fears, equities muted

The euro dived at one point to US$1.1088, its lowest level since September 2003, before recovering slightly to US$1.1200, after an anti-austerity party won Greece's election.

Province

Bridge project to connect northern economic triangle
11:25 26/01/2015 Bridge project to connect northern economic triangle

Deputy Prime Minister Hoang Trung Hai yesterday broke ground on the construction of Bach Dang Bridge and its connecting road.

Travel

Flowering seasons across Vietnam tempting for backpackers, tourists
10:29 26/01/2015 Flowering seasons across Vietnam tempting for backpackers, tourists

In recent years, more backpackers have trekked on bike across the country for rewarding tastes of stunning flower seasons, which also draw influxes of domestic and international tourists.

Leisure

Artists awarded for musical achievements
11:27 26/01/2015 Artists awarded for musical achievements

Composer Vu Cat Tuong scored a hat-trick for his song at Bai Hat Viet 2014 (Vietnamese Song 2014), a television show that runs throughout the year to showcase new songs by Vietnamese writers.

Society

Toyota Vietnam awards $21,000 in scholarships
16:04 26/01/2015 Toyota Vietnam awards $21,000 in scholarships

Toyota Vietnam Foundation (TVF) and Toyota Motor Vietnam (TMV) between January 13 and 27 is awarding 115 scholarships of VND4 million ($187) each to 115 excellent technical and environment students from 16 universities in the country.

Sports

Nadal masters Anderson to reach Aussie quarters
11:01 26/01/2015 Nadal masters Anderson to reach Aussie quarters

Rafael Nadal is through to the quarter-finals of the Australian Open after a commanding display in his fourth round clash against Kevin Anderson.

World News

15 killed as clashes mar Egypt revolt anniversary
10:51 26/01/2015 15 killed as clashes mar Egypt revolt anniversary

Clashes between protesters and security forces left at least 15 people dead on Sunday (Jan 25), the anniversary of Egypt's 2011 revolt that toppled strongman Hosni Mubarak.

Your Consultant

Energy-saving buildings offer banks new financial products
11:45 12/01/2015 Energy-saving buildings offer banks new financial products

Nearly half of the world’s energy consumption is a result of cooling, heating and ventilating buildings, while construction work is responsible for more than half of the globe’s resources consumption. Addressing these significant levels of consumption is becoming increasingly urgent with greenhouse gas emissions expected to double by 2030, with emerging markets among key contributors to this increase.