Vietnam Investment Review - VIR

Corporate

Fake Chinese dietary supplements, pharmaceuticals, cosmetics smuggled into Vietnam in bulk
09:45 30/06/2015 Fake Chinese dietary supplements, pharmaceuticals, cosmetics smuggled into Vietnam in bulk

Fake Chinese dietary supplements, pharmaceuticals, and cosmetics have been smuggled into Vietnam in large quantities this year, a national committee on anti-smuggling said at a conference last Friday.

Investing

Taiwan firm gets Binh Duong green light for $274m textile plant
09:43 30/06/2015 Taiwan firm gets Binh Duong green light for $274m textile plant

The People's Committee of the southern province of Binh Duong on Monday issued an investment certificate to Taiwanese company Polytex Far Eastern Viet Nam.

Tech

VN to bolster technology, trade relations with Israel
09:27 30/06/2015 VN to bolster technology, trade relations with Israel

More effort should be made to expand trade with Israel to US$2 billion this year and higher in the following years, said Chairman of the Party Central Committee's Commission for Economic Affairs, Vuong Dinh Hue.

Property

Land rents continue to soar
15:17 29/06/2015 Land rents continue to soar

Land rents are rising too quickly, according to members of the business community who met in Ha Noi at a conference entitled "Property Rights and Enterprise Development".

Money

VN becomes founding member of multilateral investment bank
09:29 30/06/2015 VN becomes founding member of multilateral investment bank

State Bank of Viet Nam Governor Nguyen Van Binh was among delegates from 50 countries who signed the articles of agreement to form China-backed Asian Infrastructure Investment Bank (AIIB).

Province

HCM City on path to hit growth target
15:13 29/06/2015 HCM City on path to hit growth target

HCM City has managed to remain on the growth path this year, city authorities noted at a meeting to review socio-economic performance in the first half of the year.

Travel

Two Vietnamese places enter world’s top 20 gorgeous natural wonders
10:05 30/06/2015 Two Vietnamese places enter world’s top 20 gorgeous natural wonders

New York-based Business Insider, has announced top 20 gorgeous natural wonders around the world, including two Vietnamese tourism sites, Phong Nha-Ke Bang National Park and Ha Long Bay.

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

Baking weather returns to northern, central Vietnam
09:47 30/06/2015 Baking weather returns to northern, central Vietnam

Scorching weather has returned to both northern and central Vietnam, with the hottest temperature reaching over 39 degrees Celsius, the National Center for Hydro-metrological Forecasting warned on Monday.

Sports

Djokovic rages, Hewitt bids Wimbledon farewell
10:21 30/06/2015 Djokovic rages, Hewitt bids Wimbledon farewell

Novak Djokovic, Serena Williams and Maria Sharapova reached the Wimbledon second round on Monday as 2002 champion Lleyton Hewitt's 17-year All England Club career came to a bruising end.

World News

European tourists cancelling Tunisia vacations after massacre
10:21 30/06/2015 European tourists cancelling Tunisia vacations after massacre

Tour operators said on Monday that many clients were scrapping plans entirely or asking to go to other, safer destinations. Some of the travel companies had taken the initiative themselves to suspend travel to Tunisia.

Your Consultant

FDI for State projects to face strong scrutiny
09:40 30/06/2015 FDI for State projects to face strong scrutiny

The supervision of foreign-invested projects in Viet Nam will become tighter if a draft decree of the Ministry of Planning and Investment is approved.