Corporal punishment prohibited in HCM City’s schools

VietNamNet Bridge – Educators have been called on to reconsider the “you have to be cruel to be kind” education philosophy which has been applied in Vietnam for hundreds of years.

Social News 21/1

 Trucks blamed for congestion on Hanoi Highway; Deadline for Bach Dang Wharf extended; Charity walk to kick off this Saturday in HCMC; Ten sailors saved on sunken vessel; Ministry seeks bridge investors

BUSINESS IN BRIEF 21/1

Game developers establish federation; Globaltrans Air seeks to operate aviation services; January CPI seen edging down; HCM City exports topped $30b last year; Steel giant reports 27% revenue growth;

Vietcombank, Saigonbank to merge amid bank restructuring

 Vietcombank is set to merge with Saigonbank as part of a general banking restructuring process, said Nguyen Van Binh, the Governor of the State Bank of Viet Nam (SBV).

Property developer wants to build villas on Ha Long Bay

Tuan Chau Group, a powerful real estate developer, plans to pour 20 million cubic meters of soil into the Ha Long Bay over 400 hectares of water surface to build three flower-shaped villas on the sea.

Strong U.S. support for Fulbright University

 VietNamNet Bridge – U.S. Ambassador to Vietnam Ted Osius said the U.S. will continue providing strong support for the Fulbright University Vietnam (FUV) project.

Five highlights of Toyota V-League 1-2015 Round 3

 VietNamNet Bridge – The third round of the 2015 V-League took place last weekend witnessing a storm of goals and Becamex Binh Duong flying high in the standings. The following are the five most noteworthy events in this round of play.

Int’l research offers insight into lives of Vietnamese children

 VietNamNet Bridge – Young Lives, an international study of childhood poverty, unveiled its latest findings after a 15-year research in Vietnam on January 19.

Immigration procedures eased for cruise passengers

It took around one and a half hours, instead of 10 hours, to complete immigration procedures for a cruise ship carrying a thousand passengers last week thanks to the Prime Minister’s swift action.

EVENTS SCHEDULED FOR JANUARY 20-31 (daily updated)

  Updated information about cultural events in major cities of Vietnam.

Art & Entertainment News 20/1

VTV1 to broadcast documentary on Son Doong Cave; Vietnamese celebrities join cultural week in Cyprus; First Debutante Ball to take place next month; France-Vietnam food and music festival this weekend

Foreign institutions predict high economic performance for Vietnam in 2015

The most prestigious financial institutions believe that Vietnam's economy will see a strong recovery in 2015 and that the drop in crude oil prices, though lowering revenue for the state, will help foster production and consumption.

Vietnam needs 20 billion chips a year

 Vietnam consumes more than 20 billion integrated circuits (IC) worth a combined US$2 billion a year but most of them are imported.

Public Security Ministry launches Traffic Police General Department

 The Traffic Police General Department (TPGD) under the Ministry of Public Security made its debut in Hanoi on January 19.

IMF downgrades global growth forecast

 The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next.

Vietnam tourism holds great promise for millions

 VietNamNet Bridge – Vietnam – a region increasingly being defined by optimism, opportunity and growth –   is emerging as a promising land for travellers around the globe with the potential to lift tens of millions of its citizens out of poverty.

Caricatures of top VN satirical painter of all time on display in HCM City

A collection featuring 37 oil paintings by Nguyen Hai Chi, more popularly known as Choe that he drew during the last days of his life while hampered by vision loss have gone on show in HCM city’s District 1.

Vietnam National Museum of Nature to open in Hanoi

 In a major new development, the Vietnam Academy of Science and Technology (VAST) will be opening a new museum in Hanoi embracing 32 hectares of nature for visitors to enjoy a unique outdoor experience.

“The Wolf of Wall Street” shares business tactics in HCM City

 Jordan Belfort, a securities billionaire, and author of the autobiography “The Wolf of Wall Street” is set to return to Vietnam and share the secret of success with businesspeople in HCM City in a workshop from March 28 - 30.

$4.75mil. advanced radiotherapy centre put into operation in Hanoi

Vinmec International Hospital in Hanoi has put an advanced radiation therapy centre into use, providing more treatment facilities to canner patients in Vietnam.

Shopping centres face challenges

 VietNamNet Bridge – Despite being recognised as one of the best performing Vietnamese real estate market segments, retailers are still facing big challenges.

US Army Pacific Commanding General on Vietnam visit

 The Commanding General of the US Army Pacific, General Vincent Brooks met with Chief of the General Staff of the Vietnam People’s Army (VPA) and Deputy Defence Minister Senior Lieutenant General Do Ba Ty in Hanoi on January 19.

Thanh, Thuy win HCM City Run events

 Nguyen Hoang Thanh won the gold medal in the men's 21km professional category at the HCM City Run on Sunday.

Pencak Silat VN ranks second at international Pencak Silat tournament

 Viet Nam was placed second on the medals table of the World Pencak Silat Championships, which took place in Phuket, Thailand, from January 10 to 16.

Vietnamese volleyballer receives Thai acclaim

 Vietnamese volleyball player Nguyen Thi Ngoc Hoa was named one of the best spikers of the Thai National League's first stage.