Bond allocation plan approved

 VietNamNet Bridge – Lawmakers backed the Government’s proposal to allocate more than VND5.524 trillion (US$263 million) in Government bonds to important projects

Military now mandatory

 VietNamNet Bridge – Cities and provinces nationwide are bustling due to the first annual army enrolment stage, which started on Monday and finishes today, Feb 28.

First-ever space tourist plans Mars mission

 The world's first space tourist, US multimillionaire Dennis Tito, unveiled plans to send a manned mission to Mars and back, targeting a launch date less than five years away.

SOIL & “PIMP” SESSIONS to jazz up Hanoi

 VietNamNet Bridge – The Japan Foundation and CAMA Vietnam will host a jazz concert by SOIL & “PIMP” SESSIONS at the Van Ho Exhibition Center in Hanoi on March 2.

Finding the hometown

 This is a new land. Here sameness takes me home. Here smiles crease faces; there I walk along the alleys meeting familiar sights. I feel cosily warm, even in the middle of Hanoi humidity.

Three-wheelers to be banned in many more city roads

 VietNamNet Bridge – Three-wheeled motorized vehicles and non-motorized three- and four-wheelers will be banned on many more roads in HCMC from the end of this month.

Drought, salinity attack Mekong Delta

The 4% salinity has encroached by 40-50 kilometers far into the Mekong Delta. Hydrologists say the saltwater intrusion this year comes too early, which is unusual and unprecedented.

Universities all proclaim themselves as research institutions

Under the University Education Law, from 2013, Vietnam would have three types of universities, research, utilization and practice. However, to date, most schools still do not know what they are.

Virtual office services prosper

The demand for virtual offices has become so increasing high that 20 investors have developed this kind of service in HCM City alone.

Mobile & smart TV wave challenges digital content firms and telcos

The State has been urged to apply reasonable policies to encourage the development of the domestic digital content industry – the sector that can bring high added value to Vietnam.

Ton Nu Thi Ninh receives the Légion d'Honneur Medal

VietNamNet Bridge – On the evening of February 26, in Ho Chi Minh City, the French Ambassador to Vietnam Jean-Noël Poirier presented the Legion of Honour Medal to Madam Ton Nu Thi Ninh.

Vietnamese cuisine to become tourism attraction

 VietNamNet Bridge – Once established, the national trademark “the World’s Kitchen” will draw people from all the five continents to explore Vietnam’s culture through local cuisine.

The real estate market in 2013 as seen by foreign consultancy firms

Foreign consultancy firms all believe that the real estate market would still be very difficult in 2013, while the prices would continue decreasing.

Foreign retailers expand business, dominating retail market

While foreign retailers have been unceasingly expanding their business by setting up more retail stores, domestic have to scale down their business because of the big losses

Where will you go, Vietnamese products?

VietNamNet Bridge – The recent decision of the US to impose anti-dumping duties on Vietnamese catfish makes pessimists worry: will the liberalization of trade be washed away?

BUSINESS IN BRIEF 28/2

Drought to be severe this year, meteorologist; Vietnam-Laos highway inaugurated; SBV affirms abundance of foreign currencies; Businesses close for post-Tet prayers; Companies face fines for late salary payment

Vietnam's stock market loses nearly VND34 trillion due to rumor

The police have set up a committee to investigate the origin of the fabricated information, speculation about that the President of the Bank for Investment and Development of Vietnam was arrested.

Hoi An gets most favorite city award

 VietNamNet Bridge – Hoi An received the Top City in the World award voted for by Wanderlust magazine readers at a ceremony in the central province of Quang Nam on Saturday.

Inflation holds steady despite Tet demand

VietNamNet Bridge – The consumer price index (CPI) in February rose by only 1.32 per cent against the previous month, lower than expected thanks to abundant supplies of essential commodities,

More good commodities to be marketed as equitization process accelerates

Stock investors expect to see more good commodities to be marketed soon in 2013, when a series of state owned enterprises go equitized in the year after many years of preparation.

Vietnamese Women’s Football Team receives ASEAN titles

 VietNamNet Bridge – The Vietnamese Women’s Football Team has been presented with two awards by the ASEAN Football Federation in both individual and collective titles.

Forest fires in Ca Mau, HCM City

Several forest fires have been reported in the southernmost Ca Mau province and Ho Chi Minh City on February 26, which wreaked havoc for a large area of forests in the two localities.

Vietnamese movies take centre stage in Perth

Award-winning movie Pao's Story has kicked off the Vietnamese film festival in Perth, Australia as part of celebrations marking the 40th anniversary since diplomatic relations were formed

Aboriginal dancers to perform

 VietNamNet Bridge – Leading Australian indigenous dance theatre group Bangarra will bring their spiritual performance to the Hanoi Opera House on March 2.

Blast sparks tighter rules on explosives

VietNamNet Bridge – The HCM City People’s Committee chairman Le Hoang Quan has ordered the Department of Planning and Investment to review all companies that use inflammable and explosive materials