Fans express anger on return to Old Trafford

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Fans express anger on return to Old Trafford

Supporters spoke of their anger and terror over Manchester United's abandoned match against Bournemouth as they reconvened at a subdued Old Trafford for Tuesday's rescheduled fixture.

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Oil pushes toward US$50 as wildfires spread in Canada

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Oil pushes toward US$50 as wildfires spread in Canada

The price of oil pushed toward US$50 a barrel on Tuesday as wildfires spread in Canada's oil sands region forcing thousands more to evacuate.

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Banks baulk at strict rules in SBV’s Circular 36

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Banks baulk at strict rules in SBV’s Circular 36

Various banks have requested a delay in Circular 36 amendments, stating that stricter lending rules will hurt their business.

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Risk provisions and bad debts eat up bank profits

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Risk provisions and bad debts eat up bank profits

While banks have been able to control their non-performing loans ratio well below the 3 per cent threshold, the potentially irrecoverable debt fraction has, conversely, edged up among local banks.

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Deadline extended for long-delayed Safari Park

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Deadline extended for long-delayed Safari Park

Ho Chi Minh City Party Secretary Dinh La Thang has moved the construction deadline for the already long-delayed $500-million Saigon Safari Park in the city’s Cu Chi district to later this year.

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NEPCON to power up new technology

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NEPCON to power up new technology

Vietnam-based electronics firms will have the opportunity to seek foreign partners from around the world at the NEPCON Thailand 2016, a high-profile exhibition showcasing the world’s latest electronics technology in Thailand. Suttisak Wilanan, deputy managing director of ASEAN’s leading exhibition organiser, Reed Tradex, spoke with VIR’s Thanh Tung on this topic.

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Dutch shipbuilders drop anchor in Song Cam port

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Dutch shipbuilders drop anchor in Song Cam port

Damen, a Netherlands-based global leader in shipbuilding, has not yet completed its acquisition of a 70 per cent stake in Song Cam Shipbuilding JSC – the most profitable shipyard in Vietnam – as the stake sale is still under government consideration.

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Nikon sharpens its focus on metrology equipment

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Nikon sharpens its focus on metrology equipment

While Japan’s Nikon Corporation is famous for its cameras, it has also made a name for itself in the metrology sector as a leading producer of scanners, telescopes, binoculars, ophthalmic equipment, microscopes, surveying equipment, and precision optical equipment. Director of Nikon Singapore Pte Ltd, Takao Shiihashi, spoke to VIR’s Phuong Thu about his firm’s strategy to maximise opportunities arising from free trade agreements within Vietnam’s market.

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GDT launches transfer pricing probe into Big C

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GDT launches transfer pricing probe into Big C

Tax authorities are conducting a probe into Big C Vietnam for suspected transfer pricing, while seeking to collect hundreds of millions of US dollars from the sale of its retail system in the country.

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Cai Lan steel and power complex teetering on the brink of death

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Cai Lan steel and power complex teetering on the brink of death

Despite having been hailed as the hope of Vietnam’s shipbuilding industry, the Cai Lan complex of a VND2.5 trillion ($112.09 million) hot-rolled steel and a VND900 billion ($40.4 million) power plant has yet to see a bright future, after its operation was delayed for six years, according to newswire Tienphong.vn.

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High tariffs deliver a blow to wind energy

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High tariffs deliver a blow to wind energy

Foreign investors have shown a large appetite for wind power projects in Vietnam. However, in order to spur investment in the sector, there must be a more attractive tariff regime. Peter Cattelaens, project manager for GIZ/MoIT Up-Scaling of Wind Power in Vietnam, told VIR’s Thanh Van about his insight into the market and updates on the new feed-in-tariff (FiT).

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Oil prices continue to boost local markets

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Oil prices continue to boost local markets

Vietnamese shares extended gains on both local markets this morning as the energy sector rose further on higher oil prices.

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Woods hopes to return from injury next month

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Woods hopes to return from injury next month

Tiger Woods said on Monday he hopes to make his comeback from injury at next month's Quicken Loans National - but highlighted his tough road to recovery by hitting three shots into the water before watching journalists.

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World powers meet to save Syria peace hopes

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World powers meet to save Syria peace hopes

Senior envoys from world and regional powers are to meet once again in Vienna on Tuesday in an effort to salvage stumbling efforts to halt Syria's bloody civil war.

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Women key to dealing with disaster risks: UN Women official

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Women key to dealing with disaster risks: UN Women official

Women in Asia – Pacific have capability and ability, and they are key to dealing with disaster risks and developing livelihoods for themselves and the community, said Roberta Clarke – UN Women Regional Director for Asia and the Pacific.

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