Dropping three places, Vietnam remains on top of SE Asia in FIFA rankings

 The Vietnam men’s national football team dropped three places to 127th in the latest FIFA/Coca-Cola world rankings released on June 4.

Futsal team to leave for Japan

  The national futsal team will leave for Japan on June 7 for a short training session, in preparation for the 2015 AFF Futsal Championship.

Industrial Garment and Textile University gets green light

 Prime Minister Nguyen Tan Dung has approved the establishment of Ha Noi Industrial Garment and Textile University, which was originally Ha Noi College for Textile, Garment and Fashion in Ha Noi.

Timor-Leste appreciates Vietnam’s support for ASEAN membership bid

 Vice Minister for Commerce, Industry and Environment Constancio Pinto said on June 4 that he appreciated the support from the Vietnamese Government for Timor-Leste’s candidacy for membership in ASEAN.

IMF asks US Federal Reserve to delay rate rise

In an unusual move, the International Monetary Fund urged the US central bank to delay any rise in interest rates until 2016. 

SBV in dilemma in regulating monetary policies

VietNamNet Bridge - The trade deficit figures reported in mid-May and the consumer price index (CPI) could cause difficulties for the State Bank in monetary policies.

Yangtze ship disaster: Chinese salvagers right Eastern Star

Chinese salvagers have fully righted the ship which capsized on the Yangtze River, on which more than 400 people are thought to have died. 

BUSINESS IN BRIEF 5/6

 Top-dog sales could hurt local markets, Vietnam signs contracts to export 3.2 million ton rice, Property investors advised not to increase prices, GSO to calculate GDP of localities from 2017, Ca Mau fertilisers make debut in Cambodian market

Image: Rice paddy fields on the outskirts of Hanoi

 Farmers have taken to the fields on the outskirts of Hanoi to harvest this season’s rice crop.

AAG submarine optic cable to be repaired again

VietNamNet Bridge - The AAG optic cable connecting the internet will be interrupted for maintenance for 10 days from June 7.

ACV plans to expand Tan Son Nhat airport this month

 Airports Corporation of Vietnam (ACV) plans to begin expanding the international terminal of Tan Son Nhat airport in HCMC later this month to raise its annual capacity from ten million to 13 million passengers.

Huge steel project may lose investment certificate

 The investment certificate of Guang Lian Steel’s big-ticket steel project in Dung Quat Economic Zone in Quang Ngai Province would be revoked if the investor fails to prove its financial capability this month.

Bkav says online orders for Bphone higher than expected

 Internet security firm Bkav said it has received more orders for its Bphone smartphone than expected after it started to sell the first made-in-Vietnam phone online on Tuesday.

Alessandro del Piero to visit Hanoi

 Alessandro del Piero to visit Hanoi, Telefilm 2015 gets underway in HCM City, Big gemstone collection goes on display in Hoi An, Japan organises film-making contest for students

Hoi An one of 10 best cities in Asia, says Smarter Travel

 Hoi An one of 10 best cities in Asia, says Smarter Travel, VN's top luxury hotels try to lure affluent travellers, Mong Cai City gets its first pedestrian mall

Sai Gon Port to sell 16.5% of its stake

 Sai Gon Port Company Limited will sell 35.7 million shares, or 16.5 per cent of its equity, to strategic investors.

Vietnam complete hat-trick in SEA Games

 VietNamNet Bridge – Viet Nam completed their hattrick of wins by beating Laos 1-0 in the third round match of Group B at the Southeast Asian Games in Bishan Stadium yesterday, June 4.

VN conference promotes IT outsourcing

 The first Vietnam IT Outsourcing Conference to be held in HCM City in October will seek to promote Vietnam as an emerging IT outsourcing destination and offer a business matching platform for buyers and Vietnamese vendors.

SEA Games: fencers win two more gold medals

 Vietnamese fencers continued performing well at the 28th Southeast Asian (SEA) Games 2015 in Singapore, winning two additional gold medals and one silver from the three finals held on June 4.

Film-maker takes on US, S Korea

 VietNamNet Bridge – The private film company LBT has introduced its latest film on children in hopes of drawing young audiences away from Korean and American productions that have come to dominate cinemas this summer.

ASEAN festival on photos, documentary films launched

 The Ministry of Information and Communications (MIC) officially launched a festival of photos, reportage and documentary films on peoples in the ASEAN community in Hanoi on June 4.

Social News 5/6

Birth rate in Hanoi drops, but still unstable, Birth rate in Hanoi drops, but still unstable, Long traffic jam blocks HCM City gateway, Programme targets 1.5% annual poverty reduction by 2020, Tobacco, sugar smuggling on the rise in HCM City

Kindergartens shut down, parents of 1,100 children headaches

 VietNamNet Bridge – Parents of over 1,100 kindergarten children are shocked and worried after two kindergarten schools of Hoa Mai and Mua Xuan in Khuong Mai Ward in Ha Noi's Thanh Xuan District suddenly shut down last Monday without notice.

Expulsion may not work for schoolchildren

 VietNamNet Bridge – Under the blurry street lights at night, there was something scary about Nguyen Trung Dung's bony face with its black spots.

Rice products bring fat profits to investors

VietNamNet Bridge - More than 150 instant food products made of rice are available at supermarkets. The industry has been witnessing a steady high growth rate of 20-40 percent per annum in recent years.