Vietnam Investment Review - VIR

Corporate

Insiders skeptical over throwaway prices of US chicken imports in Vietnam
10:53 02/07/2015 Insiders skeptical over throwaway prices of US chicken imports in Vietnam

With chicken products imported from the U.S. fetching much lower prices in Vietnam than their home country, insiders of the Vietnamese poultry industry have cast doubt on the honesty of the importers.

Investing

VSIP JV’s ambitious expansion
09:30 02/07/2015 VSIP JV’s ambitious expansion

Vietnam Singapore Industrial Park JV Co., Ltd. (VSIP JV) has recently stimulated growth in Vietnam by establishing VISP Nghe An and finding its first tenant for VSIP Hai Duong.

Tech

Japan leads H1 IT investment in Ha Noi
10:34 02/07/2015 Japan leads H1 IT investment in Ha Noi

Japanese investors have taken the lead in investing in information and technology projects in the capital city during the first half of this year.

Property

Housing investors must get banks' guarantee: Circular
10:25 02/07/2015 Housing investors must get banks' guarantee: Circular

Housing investors must obtain a financial guarantee from commercial banks before they will be permitted to transfer property to home buyers or renters, from August 9 onwards.

Money

BIDV increases charter capital to $1.44b after MHB merger
10:30 02/07/2015 BIDV increases charter capital to $1.44b after MHB merger

The bank for Development and Investment of Viet Nam (BIDV) officially announced a 12 per cent rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion ($1.44 billion).

Province

HCM City to spend big on infrastructure
15:21 01/07/2015 HCM City to spend big on infrastructure

The HCM City Infrastructure Investment Joint Stock Company (CII) and the city's People's Committee broke ground for a project to develop infrastructure in a residential area located in the northern section of Thu Thiem Peninsula in HCM City's District 2 on Saturday.

Travel

Hanoi airport reportedly charges European tourists for visa despite waiver
10:46 02/07/2015 Hanoi airport reportedly charges European tourists for visa despite waiver

Many tourists from the five European countries which Vietnam has scrapped visas for still had to pay the fees when arriving at Noi Bai International Airport in Hanoi on the very first day the visa waiver took effect.

Leisure

Big Bang photoshoot set in Vietnam
16:10 29/06/2015 Big Bang photoshoot set in Vietnam

Images of Big Bang, a well-known pop band from the Republic of Korea (RoK), which were set in Vietnam, have appeared on the cover of Vogue fashion magazine along with an inside photoshoot.

Society

Orphans’ teary eyes at closed ‘happy house’ in Ho Chi Minh City (pics)
11:04 02/07/2015 Orphans’ teary eyes at closed ‘happy house’ in Ho Chi Minh City (pics)

A house located in Binh Chanh District, Ho Chi Minh City has long been known as a destination for dozens of orphans and disadvantaged children but it has been shut down for now, following the requirements of local authorities, leaving the children there to an unknown, doubtful future.

Sports

Wimbledon Centre Court evacuated after fire alarm
11:14 02/07/2015 Wimbledon Centre Court evacuated after fire alarm

London Fire Brigade said they had been called to the historic tennis venue, but did not give details, while London's Metropolitan Police said they were also on hand, and that the incident was "not suspicious".

World News

British shoe seller tries to crowdfund Greek bailout
11:19 02/07/2015 British shoe seller tries to crowdfund Greek bailout

A shoe shop worker has raised more than US$500,000 in a crowdfunding campaign to help Greece meet its €1.5 billion IMF debt repayment deadline. 

Your Consultant

Decree expands foreign ownership ratio
09:49 01/07/2015 Decree expands foreign ownership ratio

The Government issued Decree No. 60/2015/ND-CP on June 26, 2015, to amend Government Decree No. 58/2012/ND-CP (20 July 2012) implementing the Law on Securities - and its amendment.