Eco Box - a container flea market in town

 VietNamNet Bridge – Eco Box is a distinctive flea market in HCMC because old containers are used as stalls to sell goods instead of canvas tents as seen at normal markets of this type.

Central bank focuses on GDP growth, not credit institution health

The moves taken by the State Bank of Vietnam (SBV) recently, since the day the new Governor took office, show that obtaining high GDP growth rate is the top priority for the bank when regulating monetary policy.

Work to do

Up-skilling the workforce is seen as key to improving Vietnam's workplace competitiveness during integration into the ASEAN Economic Community.

A new way of exploring beauty

 Marion Vigot, founder of Ma Belle Box – the first beauty subscription box in Viet Nam, aspires to revolutionise how Vietnamese women explore the world of beauty.

Nearly 85% of medicinal materials imported from China

 VietNamNet Bridge – Viet Nam’s pharmaceutical industry has consumed about 60,000 tonnes of traditional or herbal medicinal materials, of which between 80 per cent and 85 per cent was imported from China.

HCM City property market to remain strong this year: expert

 VietNamNet Bridge – As the country’s economic hub, HCM City is where the action is for many industries, including property.

VN's growth among strongest in large developing ASEAN economies

 The World Bank (WB) on Tuesday forecast that Vietnam would grow at an average of 6.3 per cent in 2016-18.

Drainage project will reduce Hanoi floods

Dao Duy Cuong, deputy director of Ha Noi Drainage Project Management Board speaks to Infonet online newspaper about the effectiveness of the Ha Noi Drainage Project capitalised at VND6 trillion (US$268 trillion). 

Minhwa - A folk art that touches the soul of the Korean

 VietNamNet Bridge – Minhwa or Korea’s folk painting is an integral part of Korea’s culture. It is known to convey the mythology, religion, and views of the Korean people. This month, more than 40 pieces of Minhwa art are on display at an exhibition

Low salaries deter scientists

 VietNamNet Bridge – Professor Doctor Nguyen Van Tuyen, director of the Viet Nam Academy of Science and Technology, spoke to Ha Noi Moi (New Ha Noi) newspaper about motivating young scientists.

Fear of Inflation has returned as petrol price rises

VietNamNet Bridge - The petrol price increase was the major cause behind the higher consumer price index (CPI) in April, the highest increase in the last five years in the same period.  

Misses Vietnam in the past and present

 VietNamNet Bridge - Many years after their coronation, Thu Thuy, Ha Kieu Anh, Nguyen Thi Huyen and others are still praised for their beauty.

Public property responsibilities need clarifying

 VietNamNet Bridge – Public property tasks, rights and responsibilities need to be clarified, according to Deputy Prime Minister Vuong Dinh Hue.

Hanoi’s Royal Room that served over 70 chiefs of state

 VietNamNet Bridge – Launched 20 years ago, the royal room at a hotel in Hanoi has been used by over 70 heads of state and senior leaders of many countries.

Budget expenditure under the knife

 The government is doing its best to keep the budget deficit at less than 5 per cent of total GDP; a level approved by the National Assembly.

BUSINESS IN BRIEF 12/6

US imposes anti-dumping duty of 113.8% on Vietnamese CWP, Vietnam Airlines opens Da Nang-Bangkok route, Pledged ODA, concessional loans soar in H1, Australia asked to check alleged antibiotic residue in Vietnam fish

Farmers breathe new life into puppetry art

 VietNamNet Bridge – Located 30km from the northern port city of Hai Phong, Bao Ha Village in Vinh Bao District has been well-known for its carved wooden statues for 700 years.

Social News 12/6

 New rhino protection campaign turns to local youths, Vinh Long suggests Israel cooperate in climate change response, Man infected with Streptococcus suis saved, HCMC sets up working group to remove canal houses

HCM City to pilot 100 electric taxis

 The HCM City Department of Transport is seeking the municipal people’s committee's approval for a local company to pilot 100 electric cars.

Govt to get tough on emissions at steel mills

 The Government has approved a national plan on air quality control until 2020 with a vision towards 2025, which will force 70% of steel plants to install automatic emissions monitoring systems.

HCM City looks at recruiting senior leaders

 Ho Chi Minh City’s Department of Home Affairs has submitted a plan to the Chairman of the city’s People’s Committee to recruit directors, deputy directors, and department managers in Committees at both the city and district level.

World Bank: Vietnam's growth still among strongest

 The World Bank has downgraded its 2016 global growth forecast to 2.4 per cent from the 2.9 per cent it projected in January.

East Sea has become an international issue

 VietNamNet Bridge – Tran Viet Thai, PhD from the Viet Nam Diplomatic Academy spoke to the newspaper Nong Thon Ngay Nay (Countryside Today) about the situation in the East Sea following the Shangri-La Dialogue in Singapore last week.

Military doctor successfully conducts first multi-viscera transplant

 VietNamNet Bridge – Associate Professor, Dr Hoang Manh An, director at the Military Hospital 103, has successfully transplanted a patient’s pancreas and kidney simultaneously, making it the first such case in Viet Nam.

Catfish prices tumble as exporters scramble for clients

VietNamNet Bridge - Vietnamese exporters continue to sell catfish at low prices to maintain their edge as the world's top catfish exporter.