Vietnam Investment Review - VIR

Corporate

Vinacomin pockets $71m from divestments
09:26 | 27/08/2014 Vinacomin pockets $71m from divestments

The Viet Nam National Coal and Mineral Industries Holding Corporation (Vinacomin) has gained VND1.5 trillion (US$71.4 million) from the completion of its divestment of five companies in its non-core businesses.

Investing

Fibre industry on the rise
14:07 | 27/08/2014 Fibre industry on the rise

The local fibre industry has been booming on the back of rocketing investment and the resultant reduced dependence on imports.

Property

Symposium to present opportunities in Vietnam’s real estate market
14:11 | 27/08/2014 Symposium to present opportunities in Vietnam’s real estate market

The Australian Chamber of Commerce in Vietnam (AusCham) is organising a symposium to provide investors with insights on the Vietnamese real estate market and give potential partners a chance to business matching.

Money

State Bank exec discusses credit rating system development
13:20 | 27/08/2014 State Bank exec discusses credit rating system development

Deputy General director of the State Bank of Vietnam’s Credit Information Centre Nguyen Huu Duong reaffirms the need to implement an effective internal credit rating system to help banks boost lending.

Province

Ho Chi Minh City pushes forward with Microsoft Smart City model
09:59 | 26/08/2014 Ho Chi Minh City pushes forward with Microsoft Smart City model

Ho Chi Minh City Information and Communications Department, Microsoft Vietnam and Microsoft Asia Pacific leaders today signed a Memorandum of Understanding to foster cooperation, especially in the field of e-government development, towards realising the city’s vision of a smart city.

Travel

Pristine beaches north of Van Phong Bay
14:56 | 26/08/2014 Pristine beaches north of Van Phong Bay

In the North of Van Phong Bay, about 100 kilometers from Nha Trang City near Dam Mon Town, tourists can see many pristine beaches surrounded by dense forests and sand dunes. From HCMC, travelers can take a train to Tuy Hoa Station in Phu Yen Province, then take a bus for about 60 kilometers to Dam Mon Town.

Leisure

Notting Hill Carnival brings reggae beats to London streets
08:55 | 27/08/2014 Notting Hill Carnival brings reggae beats to London streets

Europe's biggest street party the Notting Hill Carnival in London drew vast crowds on Sunday (Aug 24) as revellers gathered for reggae, steel bands and dancing.

Society

Russian woman in detention for carrying 2.78kg of cocaine at Vietnam airport
14:50 | 27/08/2014 Russian woman in detention for carrying 2.78kg of cocaine at Vietnam airport

Customs officers at Tan Son Nhat International Airport in Ho Chi Minh City said on Monday that tests showed the white powder weighing 2.78kg they had found in the luggage of a Russian woman is cocaine.

Sports

Deila concedes Celtic not up to Champions League level
08:51 | 27/08/2014 Deila concedes Celtic not up to Champions League level

Celtic manager Ronny Deila admits his side are not good enough for the Champions League; Scottish champions went through to the play-offs when Polish champions Legia Warsaw were thrown out of the competition for fielding an ineligible player.

World News

Liberia fires absentee ministers as fight against Ebola continues
08:41 | 27/08/2014 Liberia fires absentee ministers as fight against Ebola continues

Liberia's leader has sacked ministers and senior government officials who defied an order to return to the west African nation to lead the fight against the deadly Ebola outbreak, while Nigeria delays the resumption of classes in all primary and secondary schools by a month due to the outbreak.

Your Consultant

Things you need to stop doing to your employees right now
10:34 | 26/08/2014 Things you need to stop doing to your employees right now

You’re the boss. It’s your business, so you can do what you want, right? Well, technically, yes, as long as it’s not violating any laws. But just because you can do something, it doesn’t mean you should do something. Here are things you need to stop doing, even though they are legal.

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