Fed seen holding rates steady as it faces fine balancing act

 The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns about the health of the global economy with fresh signs that domestic inflation is starting to rear its head.

Global stocks dip, dollar on tenterhooks for Fed; oil bounces

 Asian shares were mostly lower on Wednesday while the dollar dithered as markets waited anxiously for the Federal Reserve to provide guidance on the risk of U.S. rate hikes this year.

Vietnamese spend a lot of time in cyber world

VietNamNet Bridge – Most Vietnamese people between the age of 18 and 35 use smartphones and their time for surfing internet is three times more than that of the people in other Southeast Asian countries.

Salt-water attacks Can Tho for the first time

 VietNamNet Bridge - Nearly 100 km away from estuary, Can Tho – the largest city in the Mekong Delta – is still affected by salty water as saline intrusion is the worst in decades in Vietnam’s southwestern region.

Nha Trang, Hue voted 'Top Newly Emerging Destination in Asia'

Along with the ancient capital city of Hue, Nha Trang City in the central province of Khanh Hoa were voted by international tourists on TripAdvisor website as a destination should not to be missed in 2016.

Dak Lak tourism hit by hydropower needs

Since hydro-power plants were built on the Serepok River, the 20km segment running through Daklak Province – the kingdom of tamed elephants in Vietnam – has dried up, causing problems for the local tourism industry and local people.

Saxophonist Tran Manh Tuan presents two new albums

  Famous Vietnamese saxophonist Tran Manh Tuan has presented two new albums called “Thang Cuoi” (Legendary Shepherd on the Moon) and “Simply Soul”.

Vietnam to host AFF U19 and beach football championships

 VietNamNet Bridge – Vietnam will host two football events this year, the ASEAN Football Federation (AFF) has announced.

Election preparations a top priority: Deputy PM

 VietNamNet Bridge – Preparations for upcoming elections and measures for social and economic development are Deputy Prime Minister Nguyen Xuan Phuc’s top concerns,

Hoang Anh Gia Lai Group suffers first quarterly loss since 2008

 VietNamNet Bridge - Hoang Anh Gia Lai Group has announced the net loss of more than VND566 billion ($24 million) in the fourth quarter of 2015, the first loss of this firm since 2008.

Four-day trip around Tra Su cajeput forest

 VietNamNet Bridge – Visitors can explore more than 50% of the tourist destination in the Mekong Delta province of An Giang in four days.

First VGA Union Cup to kick off at Dalat Palace golf course

 VietNamNet Bridge – The first VGA Union Cup is scheduled to begin at the Dalat Palace golf course on March 25.

BUSINESS IN BRIEF 16/3

SABECO's profit surges, Gentherm launches plant in Ha Nam, Knauf Vietnam signs strategic cooperation agreement with Zinca Vietnam, CJ to invest $500 million more into Vietnam in 2016, FMCG see 5.7% growth in Q4 2015

Vietnamese, Swedish tourists drown in Vung Tau

 VietNamNet Bridge – Two Vietnamese and one Swedish tourist drowned while swimming at  Bai Sau Beach, Vung Tau City

Vietnam restricts MSG imports

 VietNamNet Bridge – The Ministry of Industry and Trade will apply global safeguards in an emergency action to control increasing imports of monosodium glutamate to Viet Nam from March 25 this year.

French activist gives museum mementos from Ho Chi Minh

 VietNamNet Bridge – Some mementos from late President Ho Chi Minh held by a French peace activist and his family were given to the Ho Chi Minh Museum yesterday, March 15.

Vietnamese native wins best costume award at Mrs World

 VietNamNet Bridge – Viet Nam’s Tran Thi Diem Trang (Kelly Trang Tran) won the Best Traditional Costume award at the Mrs. World Pageant, which was held in Dongguan, China.

Composer Thanh Tung dies after long battle with illness

 VietNamNet Bridge – Thanh Tung, who composed many love songs, died on Monday, March 14, in Ha Noi after eight years of illness.

Vietnam to host Francophone Film Festival

  The Francophone Film Festival 2016, jointly organized by the International Francophone Organization (OIF) and the Vietnam Cinematography Department, will take place in Hanoi, Hue, and HCMC from March 17 to 31.

Binh Duong lose to Korea’s Jeonbuk

 VietNamNet Bridge – Becamex Binh Duong stayed at the bottom of the Asian Football Confederation Champions League’s Group E after their second loss yesterday, March 15.

Third Color Me Run to take place in major cities

  Color Me Run, a running competition combined with music performances, will come back for the third edition in HCMC on April 16, Hanoi on May 28 and Danang on June 26.

Thousands of young people attend Tech Startup Fest in HCM City

 The Saigon Tech Startup Fest 2016 - the first large-scale tech startup festival in Vietnam, opened in Ho Chi Minh City on March 12, attracting thousands of people, particularly students in the field of information technology. 

Vietnam-Japan University to open in September

 Vietnam Fatherland Front (VFF) President Nguyen Thien Nhan on March 7 hosted a reception in Hanoi for visiting Tsutomu Takebe, special advisor to the Japan-Vietnam Friendship Parliamentary Alliance.

Petrolimex subjected to millions of USD of fines

 The Government Inspectorate of Vietnam has proposed that the government fine Petrolimex for $54 million and an additional $310,000 for misuse of capital and funding between 2010 and mid-2013.

Vinalines earns profits three years after restructuring

The Vietnam National Shipping Lines (Vinalines) has reported that 2015 was the first year it registered a profit after three years of conducting a comprehensive restructuring plan.