Vietnam, Portugal strengthen bilateral relations

 Prime Minister Nguyen Tan Dung’s upcoming working visit to Portugal, the first of its kind, will enhance relations between the two countries and open up new cooperation opportunities, Vietnamese Ambassador to France and Portugal stated.

SBV clears way for nationalizing GPBank

The move by the State Bank of Vietnam (SBV) to change key personnel at GPBank and the appointment of a VietinBank executive as GPBank’s new legal representative will be followed by a “zero dong” plan, according to analysts.

Saigon viewed from above, with miniature effect

 VietNamNet Bridge – Nguyen The Duong, an amateur photographer in HCM City, used a DSLR camera with a tilt-shift lens to produce interesting pictures with miniature effects.

'Moon shot' call on clean energy

 A group of scientists and economists is calling for the equivalent of the Apollo Space programme to produce cheap, clean energy.

Northern port city of Hai Phong viewed from flycams

 VietNamNet Bridge - After 60 years of liberation, Hai Phong has become a green, civilized, modern city, and a major industrial and service centre in Vietnam.

Nine children drown every day, can't swim

 VietNamNet Bridge – Up to nine children drown every day because they can't swim, but still play in water, an expert said.

Economists warn against Vietnam becoming world’s factory

VietNamNet Bridge - Becoming the world’s factory thanks to a cheap labor force is not a good outcome for Vietnam, according to Vietnamese economists. They say a “cheap labor force” implies a “low-quality labor force”.

Malaysia Airlines 'technically bankrupt'

 Malaysia Airlines is "technically bankrupt", its chief executive has said, as he announced a restructuring programme and plans to cut about 6,000 jobs.

SEA Games 2015: Waiting for kick-off

 The 2015 Southeast Asian Games will officially kick off in Singapore on June 5. All necessary preparations have been completed thus far, promising to bring participating athletes and officials an exciting and successful SEA Games.

Social News 2/6

HCMC finds tough to handle polluting businesses, Vietnam takes precaution against MERS-CoV, Juvenile lobsters rescued, released into the ocean, VN to decrease adult smokers from 47.4 percent to 39 percent by 2020

South Korea has first two Mers deaths

 Two people have died of Middle East Respiratory Syndrome (Mers) in South Korea, becoming the country's first fatalities from the disease.

“Dream of Rebirth” to raise funds for Lang House restoration

VietNamNet Bridge - This is a special photographic exhibition to sell artworks to support the Lang House Heritage Restoration Fund, to rebuild the only aristocratic architectural heritage Quan Lang that was ruined in Hoa Binh in late 2013.

Chinese ship capsizes on Yangtze with hundreds missing

 Hundreds of people are missing after a cruise ship carrying more than 450 people capsized in a storm on the Yangtze River in China's southern Hubei province, says state media.

Caffe Bene announces sub-franchise deals in Vietnam

 Caffe Bene, South Korea’s biggest coffee shop chain, has announced six sub-franchise agreements with Vietnamese partners after one year of operation in the country.

PM backs chip manufacturing project

 Prime Minister Nguyen Tan Dung has agreed in principle to add a chip production project of Saigon Industry Corporation (CNS) to the hi-tech industries development plan towards 2020.

French runner battles to Le Fruit triathlon victory

VietNamNet Bridge – Matthieu Ginestet of France won first place in the stamina category at the annual Le Fruit Off-Road Triathlon on weekend, which saw more than 200 participants in six events from 19 countries this year.

McCain: U.S. to help Vietnam defend itself

 U.S. Senator John McCain, strongly criticizing China’s illegal reclamation in the East Sea, said last week the U.S. would help Vietnam defend its coastline in the face of provocative Chinese behavior.

VN cueists eye SEA Games gold

VietNamNet Bridge – Vietnamese cueists have set a modest goal of one gold medal in the billiards&snooker event at the 28th Southeast Asian (SEA) Games in Singapore starting next month. 

Netherlands' Damen eyes 49% stake in Ha Long Shipyard

 Well-known shipbuilding firm Damen of the Netherlands is expected to buy a 49 per cent stake in the Ha Long shipbuilding company, the Shipbuilding Industry Corporation (SBIC) said.

Planning and Investment Ministry backs wholly foreign-owned bank

 The Ministry of Planning and Investment (MPI) has recommended the Prime Minister to direct the State Bank of Viet Nam to issue a licence to Singapore's United Overseas Bank (UOB).

El Salvador man arrested for trafficking 42kg of cocaine into Vietnam

 Police in Ho Chi Minh City have confirmed that they arrested last month a Salvadorian man who had allegedly trafficked 42 kilos of cocaine into Vietnam over the past year.

Cartoon contest begins in capital

 VietNamNet Bridge – A short animated cartoon making contest was launched for amateur and professional filmmakers by the South Korean Cultural Centre yesterday, June 1.

Forex rate stable after dong devaluation

 The foreign exchange market has stabilised after fluctuations caused by the State Bank's recent decision to devalue the Vietnamese dong by 1%, according to independent market analysts.

Vietnam-RoK cartoon festival to take part in Hanoi

 The second Vietnam-Republic of Korea cartoon festival to take place in Hanoi from June 13-16, according to the Korean Cultural Centre in Vietnam.

First int’l yoga day to be celebrated in Hanoi

 The celebration for the first International Day of Yoga will be held at Hanoi’s Quan Ngua Sports Complex on June 21.