Vietnam Investment Review - VIR

Corporate

Local authorities powerless in front of Chu Lai Soda
16:29 27/07/2016 Local authorities powerless in front of Chu Lai Soda

Higher level and stronger governmental actions have been sought to deal with stubborn environmental polluter Chu Lai Soda Processing Joint Stock Company (Chu Lai Soda), as the local authorities have proved unable to stop the firm from continually discharging untreated wastewater into the Ben Van River.

Tech

Apple's quarterly profit slides 27% to US$7.8b
16:01 27/07/2016 Apple's quarterly profit slides 27% to US$7.8b

SAN FRANCISCO: Apple said on Tuesday (Jul 26) its quarterly profit slumped 27 per cent from a year ago to US$7.8 billion on a sharp drop in iPhone sales.

Property

Mitsubishi joins Vietnamese housing market
16:53 27/07/2016 Mitsubishi joins Vietnamese housing market

Japanese conglomerate Mitsubishi Corporation is the latest foreign investor to develop residential housing in Vietnam.

Money

Low crude prices keep stocks down
14:29 27/07/2016 Low crude prices keep stocks down

Vietnamese shares yesterday extended losses for a sixth day as lower oil prices kept investors worried about the prospect of energy stocks.

Province

Dong Nai wants funds for airport site clearance
14:23 27/07/2016 Dong Nai wants funds for airport site clearance

Leaders of the southern Dong Nai Province have requested the Government's permission to use VND1 trillion (US$44.76 million) from the State Capital Investment Corporation (SCIC) to build two resettlement areas.

Travel

Halong Bay ranks 3rd in Southeast Asia’s most ideal destinations
09:18 27/07/2016 Halong Bay ranks 3rd in Southeast Asia’s most ideal destinations

Touropia, which features the most amazing sights around the world divided into “best of” lists, has recently named Halong Bay as the third most ideal tourist attraction in Southeast Asia.

Leisure

Toyota concert to bring the audience back to the 19th
10:15 27/07/2016 Toyota concert to bring the audience back to the 19th

Toyota Motor Vietnam (TMV) in cooperation with the Vietnam National Symphony Orchestra (VNSO) yesterday announced the Toyota Concert Tour 2016 with the theme of Russian classical music.

Society

Vietnam braces for storm Mirinae
09:11 27/07/2016 Vietnam braces for storm Mirinae

The Central Steering Committee for Flood and Storm Control and the National Committee for Search and Rescue held a teleconference on July 26 to deploy works to coping with typhoon Mirinae – the first to batter Vietnam this year.

Sports

Higuain completes Juventus move
15:15 27/07/2016 Higuain completes Juventus move

MILAN: Gonzalo Higuain completed a sensational move to Juventus after the Italian champions agreed to pay a €90 million (US$98.8 million) fee, the third highest in history, to wrest the Argentine striker from Napoli on Tuesday (Jul 26).

World News

Flood, landslides kill 33 after heavy rains in Nepal
15:57 27/07/2016 Flood, landslides kill 33 after heavy rains in Nepal

KATHMANDU: At least 33 people have died in floods and landslides triggered by heavy rains in Nepal and dozens more are missing, a government official said Wednesday (Jul 27).