Transport Ministry looks into projects contracted to RoK’s POSCO E&C

 Minister of Transport Dinh La Thang decided to set up an inspection team to look into expressway projects contracted to the Republic of Korea’s POSCO Engineering and Construction (E&C) on April 9.

Bank, finance firm mergers to pick up speed

 The Asia Commercial Bank (ACB) will be the latest bank to join the wave of mergers among commercial banks and finance companies that is expected to become a major trend this year.

Government News 10/4

Laotian immigrants to be registered from next month, FTA to intensify Vietnam-EEU ties: FM Spokesman, Vietnam believes in Cuba’s efforts towards American development, Party Economic Commission Head meets WB official

German media report Vietnam’s IPU-132 successful organisation

 The German media has run a number of articles highlighting Vietnam’s successful organisation of the Inter-Parliamentary Union’s 132nd Assembly (IPU-132) in Hanoi.

Tho cam in daily uses

 VietNamNet Bridge – As one of the most typical products of ethnic minority people in the mountainous region, tho cam (brocade) now has entered daily lives of people in the lowlands who do not use the materials only for its original purpose,

Vietnamese admiral receives US naval official

 Admiral Nguyen Van Hien, Deputy Minister of Defence and Vietnam People’s Navy Commander hosted a reception for the visiting Secretary of the Navy of the United States Ray Mabus on April 9 in Hanoi.

Vietnamese Party leader visits China’s Yunnan province

Party General Secretary Nguyen Phu Trong arrived in Chinese Yunnan province’s Kunming city on April 9 during his official visit to China from April 7.  

First Vietnam-RoK cultural festival to be held in Hanoi

  A cultural extravaganza promoting the vibrant traditional customs of the Republic of Korea (RoK) will be featured at the first RoK-Vietnam Cultural Festival, taking place at the Quan Ngua Sports Palace in Hanoi on April 11.

ODA corruption: It’s time for Vietnam to review the system

 VietNamNet Bridge - "It's a shame," was a comment heard from many experts who spoke to the media about the recent allegations of ODA corruption in Vietnam. Most agreed that anti-corruption measures are ineffective.

Aviation sector seeks funding to improve services

 The domestic aviation industry needs significant capital to invest in infrastructure during 2015-20 to improve airline services, head of the Civil Aviation Authority of Vietnam (CAAV) Lai Xuan Thanh said.

Korean paper art brightens cultural centre

 VietNamNet Bridge – Yang Sang-hoon, a legend of the South Korean traditional paper-art called hanji, is showing for his first time at the Korean Cultural Centre (KCC) in Ha Noi.

Art & Entertainment News 10/4

Charity concert “Symphony No. 9” opens in Hanoi, First International Watercolour Exhibition to open in Hanoi, Berlin Club Night to rock the city, British DJ to perform at Cargo Bar, Belly Dance Festival opens next week

Low-cost car sharing UberX launched in Vietnam

VietNamNet Bridge – Uber Technologies Inc. has launched budget car sharing service UberX in Vietnam with charges much lower than the taxi fares in Hanoi and HCM City.

BUSINESS IN BRIEF 10/4

Many major transport projects in the offing, Low-cost car sharing UberX launched in Vietnam, Many banks fail to pay 2014 dividends, Agriculture ministry seeks to curb coffee price drops, Japanese SMEs eye Vietnamese potential

Investors quit real estate market despite recovery

VietNamNet Bridge - Though there are signs the real estate market is recovering, many investors are still leaving it quietly. This may become a growing tendency in 2015 and upcoming years.

HIV: new approach against virus 'holds promise'

 The first human trial of a new type of HIV therapy suggests it could be a promising weapon in the fight against the virus.

Photos: Vietnam-US joint military exercise

  Vietnam and US navy forces engaged in a joint military exercise in the central coastal city of Danang on April 7-8.

VN photographer wins Grand Prize at Int'l Photo Contest

 A photo by Vietnamese photographer, Pham Ty, has beaten out 26,500 other submissions to take the top spot at the recently concluded Smithsonian Photo Contest.

Vietnamese, Chinese senior officials talk economic issues

 Minister of Planning and Investment Vu Huy Hoang and Chinese Minister of Commerce Gao Hucheng reached consensus on initiatives to boost bilateral economic, trade and industrial cooperation during their working session in Beijing on April 8.

India not to impose safeguard duties on Vietnam steel

 The Indian Ministry of Finance has decided not to impose safeguard duties on cold rolled flat products of stainless steel imported from Vietnam and some other countries.

Vietjet launches largest ticket outlet in central Vietnam

 VietNamNet Bridge - Vietjet has opened a new flagship ticket outlet and representative office in Danang, the largest city in central Vietnam.

Federal Reserve officials split over interest rate rise

 Officials at the US's central bank were split about when to raise interest rates, latest minutes released by the Federal Reserve have revealed.

Success of IPU-132 reflects Vietnam’s growth: EPI

 The selection of Vietnam to host the Inter-Parliamentary Union’s 132nd Assembly (IPU-132) reflected the growth of the country, according to the Euro Presse Image (EPI) portal.

ACV mulls VND3-trillion project to expand Danang airport

 Airports Corporation of Vietnam (ACV) has asked the Ministry of Transport for approval a project worth VND3 trillion (some US$139 million) to improve the passenger handling capacity of Danang International Airport.

BR-VT expands search for missing radioactive material

 The authorities of Ba Ria-Vung Tau Province will expand the search zone for the radioactive material Cobalt-60 that has gone missing at Pomina 3 steel mill to HCMC, Dong Nai and Binh Duong, said a provincial official.