Vietnam Investment Review - VIR

Corporate

GM to recall 2.5m vehicles in China over Takata airbags
13:00 19/09/2017 GM to recall 2.5m vehicles in China over Takata airbags

BEIJING: General Motors will recall more than 2.5 million vehicles in China over concerns about airbags made by troubled Japanese giant Takata, Chinese authorities said, dealing a blow to the US automaker in the world's largest car market.

Investing

Tasks ahead for higher global value chain integration
16:40 19/09/2017 Tasks ahead for higher global value chain integration

In order to join the global value chain (GVC), Vietnam needs to expand production scale as well as improve labour capacity, product quality, and administrative capabilities.

Tech

Smartphone dealers predict sky-high prices for new iPhone 8
10:30 19/09/2017 Smartphone dealers predict sky-high prices for new iPhone 8

FPT Shop, the direct importer of Apple iPhones and iPads in Vietnam, has announced that iPhone 8, iPhone 8 Plus and iPhone X will be available in Vietnam by the end of October or early November and priced from VND20.99 million.

Property

Phase II of Diamond Island officially topped-out
08:00 19/09/2017 Phase II of Diamond Island officially topped-out

The topping-out ceremony of luxury waterfront condominium Diamond Island phase II on September 15 was successfully celebrated by its developer Kusto Home, and general design and build contractor Coteccons.

Money

Growth slows down as investors sell shares
16:56 19/09/2017 Growth slows down as investors sell shares

Shares maintained an upward trend on the two exchanges on Tuesday morning but growth slowed as a few investors began to sell shares to realise profits.

Province

Da Nang foreign investment surges
19:00 19/09/2017 Da Nang foreign investment surges

The central city has attracted 43 new foreign direct investment (FDI) projects worth US$60 million in the first eight months this year, 4.6 times the amount in the same period last year, vice director of the the Da Nang Investment Promotion and Support Agency, Nguyen Ky Anh said.

Travel

Chicken feet dishes in Hanoi
19:00 19/09/2017 Chicken feet dishes in Hanoi

Chicken feet are processed with many spices and enjoyed in different ways which can satisfyany diner’s taste. The dishes have become more popular in Hanoi.

Leisure

Girl group Korean T-Ara to perform in concert in Nov
17:06 19/09/2017 Girl group Korean T-Ara to perform in concert in Nov

HCM CITY - South Korean girl group T-Ara will host a concert in HCM City on November 4 to mark 25 years of diplomatic relations between Việt Nam and South Korea.

Society

No cash means no resettlement houses
17:03 19/09/2017 No cash means no resettlement houses

NINH BÌNH – Nearly 200 households in northern Ninh Bình Province have been in serious danger of landslides and flash floods for years, with resettlement funds yet to materialise.

Sports

ASEAN Para Games: Vietnam wins four more gold medals
17:11 19/09/2017 ASEAN Para Games: Vietnam wins four more gold medals

Vietnam’s swimming and athletic teams on September 19 pocketed four more gold medals at the 9th ASEAN Para Games held in Malaysia.

World News

EU approves new British plan for bailed-out RBS
09:20 19/09/2017 EU approves new British plan for bailed-out RBS

BRUSSELS: The EU on Monday (Sep 18) approved British government plans for the bailed-out Royal Bank of Scotland to fund initiatives worth £750 million to boost competition as part of its rescue conditions.

Your Consultant

SBV issues new regulations
13:41 17/09/2017 SBV issues new regulations

The latest instructions from Le Minh Hung, Governor of the State Bank of Viet Nam (SBV), require credit institutions and commercial banks in Viet Nam to strictly comply with the SBV’s regulations on mobilising capital in foreign currencies and not offer interest rates exceeding the ceiling levels.