Vietnam Investment Review - VIR

Corporate

PVFC agrees on plan to merge with Western Bank
May 20, 2013 19:41 pm PVFC agrees on plan to merge with Western Bank

A majority of the shareholders of the PetroVietnam Finance Join Stock Corporation (PVFC) has agreed upon the plan to have their institution merged with Phuong Tay (Western Bank).

Investing

Decentralisation needs refined
May 20, 2013 11:22 am Decentralisation needs refined

The Ministry of Planning and Investment is pushing for a revised decentralisation policy to muscle-up foreign direct investment inflows.

Tech

Yahoo! to buy Tumblr for $1.1b
May 20, 2013 09:19 am Yahoo! to buy Tumblr for $1.1b

The board of Yahoo! has agreed to a deal to purchase the popular blogging platform Tumblr for $1.1 billion, the Wall Street Journal reported on Sunday.

Property

New milestones for Phu My Hung Corporation
May 20, 2013 11:07 am New milestones for Phu My Hung Corporation

Urban developer Phu My Hung Corp. will continue its persistent efforts to make Ho Chi Minh City’s Phu My Hung Urban Area a modern city center.

Money

Dollar surges, backed by positive US data
May 18, 2013 10:12 am Dollar surges, backed by positive US data

The dollar marched higher on Friday against other major currencies, buoyed by improvement in US data and signs that the Federal Reserve is not bothered about deflation.

Province

Da Nang enters Top 20 low-carbon cities
May 17, 2013 09:32 am Da Nang enters Top 20 low-carbon cities

The central city of Da Nang has been named as one of the world's 20 low-carbon cities at a recent Asia-Pacific Economic Cooperation (APEC) meeting on energy in Washington DC, USA.

Travel

Nghe An inaugurates its first five-star hotel
May 20, 2013 20:07 pm Nghe An inaugurates its first five-star hotel

The Muong Thanh Hotel Chain inaugurated the first five-star hotel in Vinh city, central Nghe An province, on May 19 as a gift to President Ho Chi Minh’s homeland on the 123rd anniversary of his birth.

Leisure

Local rock bands struggle to survive
May 20, 2013 11:46 am Local rock bands struggle to survive

Local rock bands, especially young ones, are struggling hard to keep playing as they can hardly make a living as rockers and face splitting up at any time.

Society

Hanoi job festival attracts thousands
May 20, 2013 11:40 am Hanoi job festival attracts thousands

Thousands of students and young people attended the fifth Hanoi job festival on May 19 to learn about employment opportunities at nearly 100 businesses.

Sports

PSG block Ancelotti's Madrid switch
May 20, 2013 19:34 pm PSG block Ancelotti's Madrid switch

Carlo Ancelotti, who wants to quit Paris Saint-Germain and succeed Jose Mourinho at Real Madrid, found his escape route blocked by the French champions' Qatari owners on Sunday.

World News

Egypt's Morsi rules out talks as hostage video appears
May 20, 2013 09:16 am Egypt's Morsi rules out talks as hostage video appears

Egypt's President Mohamed Morsi on Sunday ruled out negotiating with the kidnappers of three policemen and four soldiers who appeared to plead for their release in an online video.

Your Consultant

Success - Reacting Slowly and Deliberately
May 20, 2013 13:33 pm Success - Reacting Slowly and Deliberately

The best leaders to work with are the ones that know when they should wait and when they should respond immediately.