US$952-million package to support Vietnamese homebuyers

 A credit package worth some VND20 trillion (US$952.38 million) will be released to support homebuyers interested in commercial and urban housing projects, reported Xay Dung, the Ministry of Construction's e-paper.

Ukraine conflict taking heavy toll on economy says IMF

 Ukraine's economy is likely to shrink by a worse-than-expected 9% in 2015, an International Monetary Fund (IMF) mission to the country has concluded.

Fifa crisis: South Africa 'admits $10m football payout

South Africa did pay $10m (£6.5m) to a football body led by Jack Warner, a figure at the centre of Fifa corruption allegations, local media say.

Tamsin Cooper to judge fashion show in HCM City

 It has been unveiled that world renowned global brand Tamsin Cooper has been chosen to serve on the jury of a fashion show sponsored by New Zealand on August 6 in HCM City at the Caravelle Saigon Hotel.

Social News 1/6

 Increase tobacco taxes to reduce smoking rate: Health Ministry, Ha Nam native caught with 2kg of meth, Man caught with 15,000 illegal chicks, Vietnam seizes record cocaine haul shipped from South America

Nepal quake: Schools in affected areas start to re-open

 Thousands of schools damaged during April's devastating earthquake in Nepal have begun to re-open.

Valuable items of Sa Huynh Culture found in Da Nang

 An archeological team from Viet Nam Archaeology Institute found five stone axes believed to come from the 3,000-year-old Sa Huynh Culture at a Khue Bac communal house garden in the central city.

Hanoi-HCM City-Binh Thuan tourist route expected

A tourist route linking Hanoi, Ho Chi Minh City, Binh Thuan and Phu Quy island is likely under development following a familiarisation trip for tour operators and related media experts to Binh Thuan from May 28-31.

Vietnam, Germany launch climate change project

 Vietnam, Germany launch climate change project, Da Nang city bustling with environment activities, Kien Giang province braces for climate change, Bike ride marks World Environment Day

GIS technology helps ancient city with heritage preservation

 The application of geographic information systems (GIS) has helped the ancient city of Hue in central Thua Thien-Hue province to put forth plans and strategies to manage and preserve local heritage sites, starting with the tomb of King Minh Mang.

150 selected for VN football grooming

 VietNamNet Bridge – Trainers of For the Future of Viet Nam Football Programme yesterday selected 150 young players in Ha Noi who will take part in a three-week training session with Japanese and Vietnamese coaches

French artists explore the human condition in Saigon's exhibition

 VietNamNet Bridge – An exhibition of new works by two French artists Nadege David and Sandrine Llouquet about the "poetic dimension to our human condition" has opened at Galerie Quynh.

Vietnam face strong Malaysia

 VietNamNet Bridge – Viet Nam and Malaysia will not have their best players in their second Group B clash at Bishan Stadium in Singapore tomorrow, June 2.

Ha Giang province to host buckwheat flower festival

 The northernmost province of Ha Giang will hold the first ever Tam giac mach (buckwheat) flower festival in early October, when the plant fully blooms.

Japanese company to build industrial park in Vinh Phuc

 Japan’s Sumitomo Corporation will build an industrial park in northern Vinh Phuc province, as said in a memorandum of understanding it signed with the provincial People’s Committee on May 29.

Central Bank to stablise exchange rate within set range

The State Bank of Vietnam (SBV) will keep the fluctuation of the VND/USD exchange rate at a maximum of 2 percent in 2015, as set in its policy for the year, despite the fact that the rate has already been adjusted by 1 percent twice this year.  

Viettel to earn 80 percent return on overseas operations

 The military-run telecom Viettel expects to see a return of 80 percent of its 600 million USD in foreign operations this year.

Vietnam furthers bilateral defence dialogues

 Vietnam furthers bilateral defence dialogues, Shangri La-14: Numerous initiatives proposed to ensure regional security, Hanoi meeting marks Italy’s national day, New pact expected to raise Vietnam-Laos trade to 2 bln USD

Vietnam offers visa exemption to Belarus

 Vietnam offers visa exemption to Belarus, PM meets Vietnamese businesses in EAEU’s member states, PM meets with leaders of Kazakh national oil group

Deputy Defence Minister: East Seas issue is global concern

 The East Sea issue is a regional and global concern, Deputy Defence Minister Senior Lieutenant General Nguyen Chi Vinh told the Vietnam News Agency on May 30, on the sidelines of the 14th Shangri-la Dialogue in Singapore.

PM calls on Algerian firms to invest in Vietnam

Prime Minister Nguyen Tan Dung on May 31 (local time) chaired a Vietnam-Algeria business dialogue in Algiers, which gathered nearly 300 enterprises from both countries.

US Secretary of Defence visits Vietnam

US Secretary of Defence Ashton Carter currently is on his official visit to Vietnam at the invitation of Vietnamese defence minister Phung Quang Thanh.

Investors warned of outdated railway technology

VietNamNet Bridge - Current railway technology in Vietnam is out of date, and investors would likely fail if they poured money into railway projects, said Tran Dinh Ba, a respected civil engineer.

Aviation expert denounced for not having doctorate as declared

The Ministry of Transport has sent a dispatch to the Ministry of Education and Training, requesting to examine the “doctor” title of Tran Dinh Ba, who became famous recently with his opposition against a plan to build Long Thanh Airport.

River-dredging projects erode large parts of villages

VietNamNet Bridge - River dredging projects in the country are suspected of causing riverbank erosion and the disappearance of villages.