Vietnam falling into China’s trade liberalization trap?

 VietNamNet Bridge – China has benefited in a major way from its bilateral trade with Vietnam. It mainly buys raw materials, exports processed products and makes modest investments in Vietnam.

Red wine health benefits 'overhyped'

 Red wine may not be as good for you as hoped, say scientists who have studied the drink's ingredient that is purported to confer good health.

Too much preferential treatment to foreign firms, official says

 VietNamNet Bridge – Vietnam should give more incentives to domestic firms, as the current preferential policies toward FDI firms may hinder the nation's development and result in dependance, one official said.

Teachers growing more fearful of students

 VietNamNet Bridge – “Vietnamese students nowadays are treated as if they are God,” a private school teacher commented.

Int’l reactions to China’s actions

 "The parties concerned to exercise the utmost restraint and resolve their dispute in a peaceful manner, through dialogue and in conformity with international law, including the UN Charter."

BUSINESS IN BRIEF 14/5

 VN organises cashew-themed ‘rendezvous'; Bank assets value surges in March; ‘Privileged' SMEs suffer credit freeze; Big push planned for VN goods; New TPP round begins in Vietnam

China’s acts in VN’s waters against int’l rules: Indian expert

VietNamNet Bridge – China’s illegal placement of a drilling rig in Vietnam’s exclusive economic zone and continental shelf in the East Sea infringes upon the 1982 United Nations Convention on the Law of the Sea (UNCLOS),

Vietnamese associations in France condemn China’s infringement of Vietnam’s sovereignty

 VietNamNet Bridge – Vietnamese associations in France issued a joint statement on May 11 condemning China’s serious infringement of Vietnam’s sovereignty, in response to China’s unilateral placement of oil rig Haiyang Shiyou 981

OVs continue condemning China’s illegal rig placement

 VietNamNet Bridge – The Vietnamese Community in Singapore has expressed their anger at China’s perverse act of positioning a drilling rig in Vietnam’s exclusive economic zone and continental shelf.

Chinese assets continue illegal activities at East Sea

 VietNamNet Bridge – Chinese coast guard vessel 3041 on May 12 fired water cannon on Vietnamese ship Truong Sa 22, which was undertaking a law enforcement mission in Vietnam’s exclusive economic zone and continental shelf

Collapse of West Antarctic Ice Sheet unstoppable: studies

 The collapse of the West Antarctic Ice Sheet, which holds enough ice to raise global seas by up to 15 feet (about 4.6 meters), is already underway and appears to be "unstoppable," two separate U.S. studies said Monday.

PM Dung's Full Remarks at 24th ASEAN Summit

 VietNamNet Bridge – PM Nguyen Tan Dung on May 11 delivered his remarks at the 24th ASEAN Summit held in in Nay Pyi Taw, Myanmar.

International court would side with Vietnam: expert

 VietNamNet Bridge - Vietnam would undoubtedly win if it took its case to the international court, says former chief of the Government Border Committee Tran Cong Truc, in an interview with Dan Tri.

Dow, S&P 500 set records on investor enthusiasm

 U.S. stocks soared on Monday, with the Dow Jones Industrial Average scoring an all-time intraday high and the S&P 500 notching a record close, as investors' appetite for risk increased amid strong gains in stock markets around the world.

ASEAN All-Stars lost 1-0 in charity game

 VietNamNet Bridge – Datuk K Rajagobal's ASEAN All-Stars side lost 1-0 to the Indonesian national team in a charity fund-raising match held at the Gelora Bung Karno Stadium on Sunday in Jakarta.

The strongest capital flow to real estate sector is from China

 VietNamNet Bridge – Cash from China and Chinese-speaking territories has been and will continue to be the main funding source for the Vietnamese real estate market, analysts say.

Japan, Australia invited to U21 tourney in Vietnam

 The Vietnam Football Federation (VFF) has invited Japan to compete in the U21 international football tournament due to take place in Can Tho city from October 19-29.

Nhat Thuy wins Vietnam Idol 2014

Nhat Thuy of Nam Dinh Province grabbed the majority of the audience votes to win the Vietnam Idol 2014 on Sunday night.

East Sea tensions may impact civil aviation

China’s illegal placement of a drilling rig in Vietnam’s exclusive economic zone in the East Sea is an “extremely serious action and will definitely impact the aviation market between Vietnam and China”, a senior airline official has warned.

Nigeria girls' abduction: US deploys manned planes

 The US has revealed it is flying manned surveillance missions over Nigeria to try to find more than 200 schoolgirls kidnapped by the militant Islamist group Boko Haram.

E Sea tensions keep indices down

 Shares fell further yesterday afternoon as investors increased selling on fears of rising East Sea tensions between Viet Nam and China.

Japan, UK call for de-escalation of East Sea tensions

 Japan expressed support yesterday for ASEAN leaders' calls for restraint and a de-escalation of tensions in the East Sea following Beijing's commencement of oil drilling in waters off Viet Nam's Hoang Sa (Paracel) Archipelago.

Kerry concerned about China’s ‘aggressive’ action

 VietNamNet Bridge – US Secretary of State John Kerry on May 12 expressed the US’s concern about China’s illegal deployment of its drilling rig and escort vessels in Vietnam’s exclusive economic zone, describing it an ‘aggressive’ action.

China tours cancelled after East Sea skirmish

 VietNamNet Bridge – Although package tours to China have risen by 40 per cent this year, travel agencies are now seeing many of those tours cancelled because of the tension in the East Sea between China and Viet Nam.

Domestic tourism market sees bright future

VietNamNet Bridge – With a population of more than 90 million, Vietnam is a potential market for domestic tours, reported the Vietnam Economic News, adding that the domestic market will be extremely lucrative if businesses know how to connect