State capital’s representatives at banks – who are they?

Individuals who represent the state’s capital at commercial banks are also officials working for state management agencies. This practice is causing concern among those who believe it to create unfair competition among banks.

Vietnam informs int’l organisations on East Sea situation

 VietNamNet Bridge – The Permanent Mission of Vietnam to the United Nations Office, the World Trade Organisation and Other International Organisations in Geneva on May 20 issued a press release on the recent developments in the East Sea

Vietnam would never unilaterally start a military confrontation: PM

PM Nguyen Tan Dung affirmed that Vietnam is never the first to use military means and would never unilaterally start a military confrontation unless the country is forced to take self-defense actions.

Confident investors drive up indices

 VietNamNet Bridge – Shares extended gains on both the national stock exchanges yesterday (May 21), as trading intensified in the afternoon.

Health ministry warns about spread of MERS-CoV infections

 VietNamNet Bridge – The Ministry of Health (MOH) on May 20 warned that the Middle East Respiratory Syndrome caused by the Corona virus, popularly known as MERS-CoV, is spreading in the world.

Vietnam, Philippines share concern about rising tensions in the East Sea

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung and Philippine President Benigno S. Aquino III have shared their deep concern about the "current extremely dangerous situation in the East Sea".

Singer expresses love for country

 VietNamNet Bridge – Singer Tung Duong, who is dubbed the "divo of Viet Nam", will present his love for the country, especially its islands and sea, during his live show next month.

France helps Vietnam develop renewable energy

 VietNamNet Bridge – French enterprises will provide Vietnam with the latest information on renewable energy development, the application of new technologies, the ability to transfer technology, and financial support.

Vietnamese, US FMs hold phone talks on East Sea issue

 VietNamNet Bridge – Deputy Prime Minister cum Foreign Minister Pham Binh Minh held a telephone conversation with US Secretary of State John Kerry on May 21 to discuss bilateral issues and recent developments in the East Sea.

Vietnamese scientists successfully create iron of red mud

 VietNamNet Bridge – Scientists from the Vietnam Science and Technology Academy have confirmed that they can make iron from red mud, the waste created during alumina production.

100 celebrities sing for the East Sea

 VietNamNet Bridge – On Wednesday, 100 artists and over 1,000 fans gathered in HCMC to shoot a music video entitled "Vietnamese Hearts", to show their love for the Hoang Sa and Truong Sa Islands and the East Sea. This song was composed by Phuong Uyen.

PM instructs urgent support for foreign firms after riots

 VietNamNet Bridge - Businesses affected by the disturbances in Ha Tinh, Binh Duong and Dong Nai will have their taxes and land rents waived, reduced or deferred, and receive other assistance, at the request of PM Nguyen Tan Dung.

Ha Noi T&T sign up Trinidad and Tobago footballer

 VietNamNet Bridge – Ha Noi T&T have signed a one-and-a-half year contract with Cyrus Daneil, a footballer from Trinidad and Tobago (TT).

Museum of European architecture in the heart of Da Lat

 VietNamNet Bridge – Most of famous architectural works here were built by the French, including the Da Lat Railway Station, the Pedagogical College of Da Lat and the Bao Dai Palace.

Vietnamese study math… to count money

 VietNamNet Bridge – Mathematics is a very important science, but not attractive to Vietnamese students. Mathematicians cannot find a breeding ground in Vietnam for their field.

China maintains 95 ships around illegal drilling rig

 On May 21, China maintained the presence of 95 ships of various kinds, including a number of big tugboats, around its Haiyang Shiyou-981 drilling rig which is illegally placed in Vietnam’s exclusive economic zone.

US administration urged to get tough against China

 The US opposes acts of coercion, intimidation and non-diplomacy in resolving territorial disputes.

Experts: China scores own goal with actions in East Sea

 VietNamNet Bridge – China will suffer from diplomatic losses rather than gains from its illegal positioning of an oil rig in Vietnam’s continental shelf and exclusive economic zone,

National Assembly issues message against China’s illegally rig

VietNamNet Bridge – The National Assembly (NA), in its press release on Wednesday night, expressed its concern, resolutely opposing China’s wrongful acts and demanding  that China remove its HD-981 rig from Vietnam’s waters.

China’s rig in VN’s waters: Kill two birds with one stone

China manufactured the HD-981 rig in 2011 at a cost of almost $1 billion. Why is it now deploying this rig in Vietnam’s waters? The question was discussed by experts and scholars at a meeting of the Union of Scientific and Technological Associations.

Conditions for sea transport

 VietNamNet Bridge – Decree No 30/2014/ND-CP (14 April 2014) relates to sea transportation, sea transportation agency services and sea transportation towage services businesses in Viet Nam.

Vietnam: The biggest consumer of stolen iPhones?

If you are looking for an iPhone on eBay, you will surely see the offers for iCloud-locked iPhones at low prices. Most of the phones are stolen products, and according to PCMag, Vietnam is the final leg in the itinerary of most of the illegal phones.

BUSINESS IN BRIEF 22/5

 Dinh Vu closes on deep sea access; Nam Van Phong refinery still in infancy, six years on; Haiphong Port IPO offers poor return; Central bank spends big on core banking; NA deputies question efficiency of bauxite projects

Bourse explains rules for exchange-traded funds

 VietNamNet Bridge – Foreign investors will be able to own up to 100 per cent of exchange-traded funds, participants heard at a seminar held by the HCM Stock Exchange (HOSE) on Tuesday.

PM Dung begins visit to Philippines

 Prime Minister Nguyen Tan Dung and his delegation arrived in Manila on May 21 to begin a working visit to the Philippines at the invitation of President Benigno S. Aquino III.