VietNamNet Bridge – HCM City has announced that it will pump an estimated VND11.61 trillion (US$505 million) into 84 projects in an attempt to reduce floods over the next five years.

  Many foreign enterprises are keen on investing in the Vietnamese mining market due to the country’s huge mineral resources awaiting exploitation.

 On April 11, Prime Minister Nguyen Xuan Phuc received visiting Philippines Foreign Minister Jose Almendras in Hanoi.

On April 11, the National Assembly approved a list of members of the National Electional Council and the Council on National Defence and Security presented earlier by President Tran Dai Quang and NA Chairwoman Nguyen Thi Kim Ngan.

After drastic restructuring in the Vietnamese banking system, mergers and acquisitions (M&A) still need to be made by an additional 34 commercial banks, said Sandeep Mahajan, World Bank (WB)’s Lead Economist for East Asia-Pacific.

 Hai Phong carried on with their stunning winning streak in the 2016 V-League, defeating Hoang Anh Gia Lai 4-2 in the fifth round of play at Lach Tray Stadium on April 10. 

 Top Vietnamese shuttler Nguyen Tien Minh was not able to claim the top title in the men's singles at the Finnish Open 2016 after suffering a bitter 0-2 loss to Kanta Tsuneyama from Japan in their final clash on April 10.

 This year's Yamaha Motor Show 2016 in Ho Chi Minh City on April 7, attended by thousands, saw some downright thrilling performances by two Japanese professional stunt riders.

 President Barack Obama is looking forward to his visit to Vietnam, said Deputy Prime Minister and Foreign Minister Pham Binh Minh in reply recently to the media.

 Vietnam still enjoys strong growth prospects among the large developing ASEAN economies though its economic growth is expected to moderate to 6.2 percent in 2016, the World Bank (WB) says.

 The Prime Minister has approved the amended decision on the development of drainage in Vietnam’s urban centres and industrial parks up to 2025 and a vision towards 2050, with the aim that urban centres will be free of flooding by 2050.

Unranked Vietnam lost to world No. 19 China 11-0 in Pool A of the FIH Hockey World League at Seng Kang Stadium in Singapore on April 10.  

 A passionate kiss, Leonardo DiCaprio's "Revenant" bear encounter and a foul-mouthed hosting duo dominated Saturday's profanity-laden MTV Movie Awards, where "Star Wars: The Force Awakens" came away the top winner.

 A backstage video of Hollywood movie "Kong: Skull Island” has been revealed at the MTV Movie Awards 2016. Accordingly, all of the scenes in the video were filmed in Vietnam.

 Hundreds of overseas Vietnamese in Japan and Germany staged demonstrations in front of the Chinese Embassy in Tokyo and Berlin on April 9 and 10 to protest against China’s military actions in the East Sea.

 Scientists in Brazil have uncovered a new brain disorder associated with Zika infections in adults: an autoimmune syndrome called acute disseminated encephalomyelitis, or ADEM, that attacks the brain and spinal cord.

Land compensation of tens of thousands of USD was used to build big houses in the resettlement area of the Dakdrinh hydropower plant in Son Tay District in the central province of Quang Ngai. But now the owners face risk of poverty. 

 The National Assembly voted to approve the Prime Minister’s appointment of 21 cabinet positions, including three Deputy Prime Ministers for five-year terms, during the ongoing and last 11th session of the 13th legislature in Hanoi.

 Nguyen Van Binh, the former Governor of the State Bank of Vietnam, has been appointed as the Chairman of the Party Central Committee’s Commission for Economic Affairs.

 President Tran Dai Quang has asked the National Assembly (NA) to approve the assignment of Prime Minister Nguyen Xuan Phuc to the post of Vice Chairman of the Council of National Defence and Security (CNDS).

 Remittances to HCM City in the first quarter of this year is estimated to have reached US$1.15 billion, up $250 million against last month.

The US Government will continue to provide disaster relief grants to help Viet Nam respond to the severe drought and saltwater intrusion affecting the lives of hundreds of thousands of people in the southern provinces and Central Highlands,

VietNamNet Bridge - The National Assembly voted to approve the Prime Minister’s appointment of three Deputy Prime Ministers and 18 Ministers and Cabinet members on April 9. Below is an overview of the new cabinet.

VietNamNet Bridge - Aviation experts believe that it would be a waste to spend VND10 trillion to build three airports in the northwest.

 VietNamNet Bridge - At dawn, water drains out of the island surface, revealing the green mossy rocks on the San Ho (Coral) Island of Ninh Thuan Province.