Vietnamese banks compete with foreign banks for overseas remittance service

VietNamNet Bridge - Vietnam is one of the biggest kieu hoi (overseas remittance) recipients in the world. But most profits from overseas remittance services go to foreign institutions’ pockets. 

'Purple Rain' superstar Prince, 57, dies at U.S. studio complex

 Prince, the innovative pop superstar whose songwriting and eccentric stage presence electrified fans around the world with hits including "Purple Rain" and "When Doves Cry," died on Thursday in Minnesota.

A café reminiscent of one’s childhood

 VietNamNet Bridge – The name of the coffee shop is “Nam muoi muoi lam” (Five, ten, fifteen), which Vietnamese children in the countryside say out loud in the hide-and-seek game.

BUSINESS IN BRIEF 22/4

 Phone exports reach $3.57 billion in March, VN Pangasius denies sharp fall in tra fish output, China okays restarting of live shrimp imports, Vietnam urged to fasten reforms to benefit from FTAs, New Director General of Vietnam Customs

First international standard racetrack opens in Long An

 A new racetrack, Happyland, will open next weekend in the Mekong Delta province of Long An.

Overseas workers lack support, employment after return home

 While Vietnamese overseas labourers returning to the country are always appreciated for their professional and foreign language skills, many people find it difficult to find suitable jobs. This causes a big waste of human resources.

SPORTS NEWS 22/4

 Nguyen places second at Asian taekwondo champs, Tam, An Giang make history at HCM City cycling cup; Binh Duong’s Phuong advances to national semis

VN students fail to make use of apprenticeship

 Most of graduate students are struggling with adapting to the real workplace, even after experiencing apprenticeships, researchers from the HCM City Pedagogical University have claimed after a two-year study.

Weightlifters hunt Olympic tickets in Asian champs

VietNamNet Bridge – The national weightlifting team left on April 20 for the Asian championships in Uzbekistan, targeting more Olympic slots.

Vietnamese actors head to China for shows

 VietNamNet Bridge – Two stage works by artists from the Viet Nam Drama Theatre will debut in Chinese cities on April 21-27.

Vietnamese actress, businesswoman sponsors Cinefondation festival de Cannes

 Ly Nha Ky has been selected to be one of the two sponsors for the Cinefondation festival de Cannes and her name has made presence in the website of the Cinefondation.

Thang Long Imperial Citadel to become cultural and historical park

  Thang Long Imperial Citadel in Hanoi will become a Cultural and Historical Park, under a detailed project for conserving, restoring and promoting its values.

MobiFone divestment from SeABank fails

 No registered bids have been forthcoming for the more than 33 million SeABank shares currently on sale by MobiFone, with the bidding session planned for April 25 therefore being cancelled, according to the Hanoi Stock Exchange.

Hanoi to build a $1.08b software park

 The Hanoi People's Committee agreed to build a software and digital content park in Dong Anh District in northern Ha Noi.

CMC Telecom and IBM Vietnam cooperates in security services

 IBM Vietnam and CMC Telecommunication Infrastructure JSC (CMC Telecom) signed a co-operation agreement on providing outsourced managed security services on April 21.

Vietnam Airlines and Jetstar Pacific tie up, offer promotions

 Vietnam Airlines and Jetstar Pacific Airlines announced their partnership for the Lotusmiles programme on April 20.

Presidential rooms in HCM City's Independence Palace open

 The Independence Palace in HCM City will open two more rooms for tourists starting April 28.

Vietnam's three most beautiful beaches named

 The Vietnam Tourism Association named Nha Trang in Khanh Hoa Province, My Khe of Da Nang and Quan Lan in Quang Ninh as Vietnam’s three most beautiful beaches.

Vietnamese brands keep pace with foreign goods in FMCG market

VietNamNet Bridge - Vietnamese manufacturers are equal in strength with foreign goods in the fast-moving consumer goods (FMCG) market.

Fire damages 5ha log farm in Da Nang

 Fire damaged a 5ha log farm near Ba Na – Nui Chua Nature Reserve in Hoa Vang District, 25km away from the central city’s centre yesterday, the city’s forest management department said.

Do literature teachers need to have geographical knowledge?

 VietNamNet Bridge - The officials of the Dong Nai provincial Education and Training Department mistakenly said that Binh Thuan and Ninh Thuan are two 10 provinces in Mekong River Delta.

Credit institutions and foreign banks to submit bad debt plans

 The State Bank of Vietnam (SBV) has requested credit institutions and foreign banks to intensify their credit quality and bad debt management and submit their bad debt handling plans.

Japanese cherry blossom, investors to come to Dong Nai

 The first-ever Japanese cherry blossom festival is scheduled to take place in the southern province of Dong Nai on April 23-24 with a conference for Japanese investors to be held on the event’s sidelines.

Cat Bi int’l airport to access more domestic, foreign destinations

 The Cat Bi international airport in the northern port city of Hai Phong will extend its access to destinations at home and abroad in the near future, revealed a local conference on April 21.

PM calls for efforts to fulfill growth target of 6.7 percent

Prime Minister Nguyen Xuan Phuc has urged the Ministry of Planning and Investment and other ministries and agencies to promptly reach consensus to fulfill the growth target of 6.7 percent in 2016.