Vietnam Investment Review - VIR

Corporate

TCC Group launches MM Mega Market Thang Long to boost northern business
17:51 13/12/2017 TCC Group launches MM Mega Market Thang Long to boost northern business

This morning, TCC Group (Thailand) unveiled its MM Mega Market Thang Long in Hanoi, marking the next step in transforming Metro Cash & Carry Vietnam (Metro Vietnam) to MM Mega Market Vietnam as announced earlier this year.

Tech

Undersea internet cable repair delayed again
13:03 13/12/2017 Undersea internet cable repair delayed again

The repair of a major internet submarine cable, SE-ME-WE 3 (SMW-3), has been delayed again, meaning Vietnamese internet users will see slower speeds for longer.

Property

Homogenous hospitality
14:00 13/12/2017 Homogenous hospitality

Despite Vietnam’s great potential in the hospitality sector, diversification of services is needed if the country hopes to live up to expectations, according to experts.

Money

Foreign investors suggest improvements to Vietnamese taxation policy
17:41 13/12/2017 Foreign investors suggest improvements to Vietnamese taxation policy

In the framework of Vietnam Business Forum (VBF) 2017, representatives of foreign investors complained that they still face difficulties in investing and manufacturing in Vietnam due to the lackluster taxation policies.

Province

Hai Phong City slashes fees
10:01 13/12/2017 Hai Phong City slashes fees

Northern Hai Phong port city will reduce fees by 20 per cent for using infrastructure, service facilities and public utilities at its ports from the beginning of 2018.

Travel

Quang Binh: 58 more caves discovered in Phong Nha - Ke Bang
16:54 13/12/2017 Quang Binh: 58 more caves discovered in Phong Nha - Ke Bang

As many as 58 new caves have been discovered in the Phong Nha - Ke Bang cave system in the central province of Quang Binh, according to the Phong Nha - Ke Bang National Park Management Board.

Leisure

Southern folk music festival held
16:45 13/12/2017 Southern folk music festival held

People have gathered in the central province of Bạc Liêu to attend the 9th Southern Folk Music and Songs Festival of the Provinces of Sóc Trăng, Bạc Liêu and Cà Mau.

Society

Dow Vietnam wins the third consecutive Amcham’s CSR Award
10:20 13/12/2017 Dow Vietnam wins the third consecutive Amcham’s CSR Award

Dow Vietnam has won AmCham CSR Recognition Award for the third year in a row as a reinforcement for the company’s long-term commitment to Vietnam’s market. The award honours company’s successful endeavors to promote the sustainability of Vietnamese community and to address local pressing challenges to positively impact the lives of thousands of the underprivileged. 

Sports

Stoeger off to winning start with Dortmund
15:00 13/12/2017 Stoeger off to winning start with Dortmund

BERLIN: New coach Peter Stoeger led Borussia Dortmund to their first victory in 10 games on Tuesday (Dec 12), as his side picked up a hard-fought 2-0 win away to Mainz.

World News

Investors turn against fossil fuels at Paris climate summit
15:00 13/12/2017 Investors turn against fossil fuels at Paris climate summit

Two years to the day since 195 nations sealed the Paris Agreement to avert worst-case climate change, banks and companies announced billions of dollars of intended divestments from coal, oil and natural gas at a finance-themed climate summit.

Your Consultant

MoT rejected Hà Nội Taxi Association’s request to extend taxi badge
12:42 11/12/2017 MoT rejected Hà Nội Taxi Association’s request to extend taxi badge

The Ministry of Transport (MoT) on Thursday rejected the Hà Nội Taxi Association’s request to extend taxi licences for 12 months.