Vietnam gives in to foreign retailers without a struggle

 VietNamNet Bridge – The barriers Vietnam has erected cannot prevent the invasion of foreign retailers. The domestic retail market has been flooded with foreign brands.

BUSINESS IN BRIEF 13/5

 Steel giant chairman faces sack due to poor performance; PM approves Vinatex IPO plan; Lotte to build $2b complex in HCM City; Dong Nai to set up four new industrial parks; Incentives lure investors to Phu Quoc Island

Market up after Wednesday's panic selling

 VietNamNet Bridge – Shares on May 9 rebounded from the biggest ever retreat that occurred at the previous session.

Six railway officials charged, detained for ‘abusing power'

 VietNamNet Bridge – The Ministry of Public Security took into custody six railway officials last Friday on charges of "abusing power while on duty" and "irresponsibility causing serious consequences" following a one-month investigation.

Deputy PM: Vietnam, ASEAN unanimous in East Sea issue

 VietNamNet Bridge – Vietnam and ASEAN countries have reached a consensus on the East Sea issue, said Deputy Prime Minister cum Foreign Minister Pham Binh Minh in a recent interview granted to the media about the results of the 24th ASEAN Summit.

Saudi Arabia registers new cases, deaths of MERS virus infection

 Saudi Arabia registered on Sunday three new cases and three more deaths of Middle East Respiratory Syndrome (MERS) coronavirus infection, adding the total number of cases to 483, including 142 deaths.

Eurovision voting figures show juries and public clash

 The latest Eurovision figures have revealed the differences between the public phone vote and the jury vote at Saturday night's competition.

Overseas Vietnamese protest China’s illegal acts in Vietnam’s waters

VietNamNet Bridge - Vietnamese people in the United States, Italy, Japan and Germany took part in demonstrations against China’s deployment of an illegal oil rig in Vietnam’s waters.

Shareholders unhappy with lower, unpaid dividends

 VietNamNet Bridge – Shareholders in many banks have not received their dividends in recent years though banks have set low rates, but not cut them completely.

Vietnamese in Germany protest China’s illegal acts

VietNamNet Bridge – On May 11, the Vietnamese Association in Berlin (Germany) held a demonstration to protest against China’s encroachment into Vietnam’s waters. Nearly 1,000 participated.

Miura confident of road ahead

 VietNamNet Bridge – New head coach of the national football team, Toshiya Miura, is confident he will win with his players, although he does not understood Vietnamese well.

Vietnamese netizens called on to boycott Chinese goods

 VietNamNet Bridge – “Say No to Chinese Goods” campaigns have been launched on many fanpages and social networks following the recent Chinese provocations in the East Sea.

Korean centre hosts fabric art exhibition

 VietNamNet Bridge – The Korean Cultural Centre in Viet Nam is hosting a fabric art exhibition by well-known artist Lee Sung-soon, who has been successful in recreating traditional bojaggi culture.

Vietnam-China cyberwar breaking out?

 VietNamNet Bridge – After hackers claiming to be Vietnamese attacked multiple Chinese websites, 102 Vietnamese websites were attacked by Chinese hackers. It is widely feared this may trigger a cyberwar between Vietnam and China.

Unimaginative Mekong Delta loses out on tourism, says deputy minister

 VietNamNet Bridge – Tourism in the Mekong Delta has failed to develop as expected in the absence of innovation and variety, Deputy Minister of the Ministry of Culture, Sports and Tourism Ho Anh Tuan has said.

Second fishing boat attacked, robbed by Chinese warship

VietNamNet Bridge – One more fishing boat from Ly Son island district, part of the central province of Quang Ngai, was attacked and robbed of its cargo by Chinese forces, while operating normally in waters surrounding Vietnam’s Hoang Sa Archipelago,

HCMC: officials busy attending meetings, chemicals flowing to canal

 VietNamNet Bridge – A heavy rain is all it would take to spread 500 tons of chemicals throughout the Hoc Mon-Bac Binh Chanh Irrigation System, affecting 2,000 hectares of rice land.

Vietnam lacks preschool teachers, but does nothing to increase teaching staff

VietNamNet Bridge – HCM City authorities constantly complain about the serious shortage of preschool teachers, but their proposal on training scale enlargement has not been approved.

Following Vinashin, Vinalines now lays down conditions for its equitization

 VietNamNet Bridge – The Vietnam National Shipping Lines (Vinalines) has asked for a lot of favors to settle debts before it goes equitized.

Bad debt ratio reports show different figures due to different calculation methods

 VietNamNet Bridge – Credit institutions have reported the bad debt ratio of Vietnam’s banking system at 3.86 percent, while the State Bank’s Inspection Agency announced a bad debt ratio of 9.71 percent at the end of February.

Thailand lifts discriminatory regulations on Vietnamese tourists

 VietNamNet Bridge – The Department of Immigration of Sakaeo Province, Thailand, has admitted that it erred when requesting Vietnamese tourists to prove their financial means before entering the country.

China sends dozens of aircraft and vessels to Vietnam’s waters

 VietNamNet Bridge – China has sent nearly 80 vessels and dozens of patrol aircraft to the waters of Vietnam Friday, where it is laying an illegal oil rig.

Close-up to the best-use-of-energy building in Vietnam

 VietNamNet Bridge - Built in the southern province of Binh Duong, this building gets its power from solar panels, uses radiator glass to reduce the use of air conditioners and has installed a concrete drainage system to recharge groundwater.

Three new floral species discovered in Vietnam

 VietNamNet Bridge – Vietnamese and Korean scientists recently announced the discovery of three new floral species in the Hon Ba Nature Reserve in the central province of Khanh Hoa.

Two Vietnamese firms among the world’s largest businesses

 VietNamNet Bridge - Vietnam Gas Corporation (PetroVietnam Gas) and the Vietnam Industrial and Commercial Bank (VietinBank) are Vietnamese’s two representatives of the top 2,000 largest enterprises in the world this year.