Tragic road accident in Thailand, kills 12 Vietnamese

 VietNamNet Bridge – As many as 12 Vietnamese passengers and one Thai driver lost their lives in a road traffic collision, when a chartered minibus crashed head-on with a trailer truck in Thailand’s Chaiyaphum province on June 2.

Gov’t agrees to write off part of Vinalines’s bank debts

 VietNamNet Bridge – Vinalines will not have to pay a part of its bank loan interest under a government decision that aims to help the shipping corporation undergo equitization to restructure itself.

Trawler wreck salvaged, China's actions slammed

VietNamNet Bridge – Willful acts of violence by Chinese ships that endangered the lives of Vietnamese fishermen was roundly criticised yesterday as the wreck of sunken fishing trawler DNa TS 90152 was salvaged and hoisted to the docks

Vietnam seeks to expand ties with the US

VietNamNet Bridge – President Truong Tan Sang told US Commerce Secretary Penny Pritzker yesterday that Viet Nam hopes to elevate co-operation between the two countries in all fields, especially economics, trade and investment,

First Lamborghini showroom to be opened next month

 VietNamNet Bridge – CT-Wearnes Vietnam Co. Ltd. has been chosen as the first distributor of Lamborghini cars in the local market, with a showroom for this luxury car brand to be opened at Interserco Trade Center in Hanoi this month.

Experts predict 10 storms, tropical depressions in East Sea this year

 VietNamNet Bridge - This year, there will be about 10 to 12 storms and tropical depressions in the East Sea, with four to five directly affecting the mainland of Vietnam, according to the National Center for Hydro-Meteorological Forecast.

Proposed environment law could turn VN into world’s rubbish dump

 VietNamNet Bridge – National Assembly’s Deputies have strongly protested against a proposed regulation that would allow enterprises to import used vessels for domestic demolishment, warning that Vietnam could turn into the world’s rubbish dump.

Cloud computing services becoming more popular in VN

 VietNamNet Bridge – The proportion of Vietnamese businesses interested in cloud computing and willing to use the services is higher than the average level in the Asia-Pacific region, according to experts.

Vietnamese parents lack confidence in schools’ grading system

 VietNamNet Bridge – Many Vietnamese parents say teachers are giving inflated grades to students to satisfy parents and school headmasters.

Cracks, subsidence plagues newly inaugurated highway

 VietNamNet Bridge – A 30-kilometre section of National Highway 18 running through northern Quang Ninh Province has been downgraded due to cracks and subsidence on the road only two weeks after its inauguration.

NA discusses economy’s role in ensuring defence-security

 VietNamNet Bridge – National Assembly deputies on June 2 agreed in principle with the Government’s solutions on socio-economic development, which are to be focused on maintaining macroeconomic stability, accelerating economic restructuring

Fishing boat sunk by Chinese ship successfully salvaged

 VietNamNet Bridge – The fishing boat DNa 90152, which was rammed and sunk by a Chinese ship while conducting its regular operations in Vietnam’s Hoang Sa fishing grounds, was successfully salvaged on June 2.

Fisheries surveillance force continue opposing China

VietNamNet Bridge – Vietnam’s fisheries surveillance ships on June 2 operated about 6-8 nautical miles from China’s Haiyang Shiyou-981 oil rig, continuing their high-intensity opposition to China and demanding it withdraw its illegally placed rig

Russian news agency removes article slandering Vietnam

 VietNamNet Bridge - Russian news agency RIA Novosti has removed an article by Dmitri Kosyrev with content that allegedly slandered Vietnam, after the article was criticized by readers.

Harvard scholars: Vietnam should sue China in court

 VietNamNet Bridge – Vietnamese American scholars have proclaimed that China's actions are a serious and unremitting violation of international law.

Vietnamese told to prepare for low GDP growth rate this year

 VietNamNet Bridge – While the government has stated that it does not intend to lower economic growth targets, economists have warned that the public should be prepared for an unsatisfactory economic performance in 2014.

2,000 workers at Taiwanese firm hospitalised with neurotoxic syndrome

Around 2,000 workers at two factories in Hoang Long Industrial Zone in Thanh Hoa City, owned by a Taiwanese company, suffered neurotoxic syndrome on May 15 and May 19 because of the high level of organic solvents in the factories.

Ca Mau Cape - south end of the S-shaped land

 VietNamNet Bridge – Located in the south end of Vietnam, Ca Mau Cape in Ca Mau province is a place that every Vietnamese aspires to travel to at least once in their life.

Young City artists hold group show

VietNamNet Bridge – A group exhibition, Out of Nowhere, which marks the grand opening of Sao La, a Galerie Quynh initiative, will feature works in a range of media from painting and photography to installation and video by 10 young artists

French collector restores classics

 VietNamNet Bridge – Claude Balland, from France, has spent 14 years in Viet Nam collecting old sidecars, French-manufactured vintage buses and cars that have been lost in Viet Nam from the late 1990s.

China’s long-term strategy to capture the East Sea - Part 2

China’s statements and actions to "monopolize" the East Sea, with the latest act of illegal deployment of the HD-981 oil rig deep in the exclusive economic zone of Vietnam, are irrational, and they seriously breach international law.

Viet Nam, US trade to reach $33.6bil

 VietNamNet Bridge – Bilateral trade between Viet Nam and the United States will probably reach US$33.6 billion in 2014; of this figure, $28.1 billion will come from Vietnamese exports.

French quartet to perform in Ha Noi

 VietNamNet Bridge – The Parisii Quartet, well known in Europe and particularly in France, will perform in a classical concert in Ha Noi on June 7 to introduce their music to the Vietnamese audience.

India a ‘trusted partner' of VN in East Sea dispute: academic

For last six decades or more, India and Viet Nam have unhindered bilateral relation. So also, last week's Chinese bulling attitude in East Sea where India lost no time to convey its discontent of former's irresponsible act.

BUSINESS IN BRIEF 3/6

 Foreigners, OVs to get VAT refunds as from July 1; Ford Vietnam gearing up to expand nationwide; Singaporean investors eye Vietnamese real estate market; VAMC sets annual target for debt purchases