Vietnamese finance market fragile amid rumors

With the weak resistance and the lack of transparency, the Vietnamese finance market would be shaky on any bad piece of news.

GOVERNMENT IN BRIEF 25/2

  NA Standing Committee meets in Hanoi; Leading lawmaker urges province to industrialise; Serbian diplomat visits Vietnam; NA Chairman hails Nghe An’s investment promotion

Billions at stake as BP oil spill trial opens

 Billions of dollars will be at stake Monday at the opening of a complex trial to determine how much BP should pay for the devastating 2010 Gulf of Mexico oil spill.

Hollywood stars take seats for unpredictable Oscars

 Oscars host Seth MacFarlane kicked off an unpredictable 85th Academy Awards show, with Iran hostage drama "Argo" vying to beat Steven Spielberg's "Lincoln" on Hollywood's biggest night.

Trillions of dong ready to be pumped into stock market

Stocks are now the choice of many investors in the context of the gloomy stock market, unclear gold market and stable dollar price. Trillions of dong are believed to be pumped into the stock market.

Labourers keen to get back to work

 VietNamNet Bridge – Over 90 per cent of workers had returned to work following the Tet holiday and only a small number had left their jobs,

AS Roma to play friendly with Viet Nam

 VietNamNet Bridge – AS Roma will face the Viet Nam national team in a friendly as part of their Asia Tour this June, FIFA official Mae Mua told Viet Nam News on Wednesday.

Ethnic minority girl wins many int'l scholarships

 VietNamNet Bridge – H’Linh H’Mok, an Ede ethnic minority student at Central Highland University, has won several prestigious Cuban and Mexican scholarships.

Ethnic students to benefit from bilingual education

 VietNamNet Bridge – Ethnic minority children taught in both their native language and Vietnamese are more active and confident and fare better in educational settings,

Vietnam, Laos, Thailand increase transport cooperation

The transport ministers of Vietnam, Laos and Thailand gathered at a conference in Hanoi on February 21 to discuss objectives and solutions to enhance trilateral transport cooperation.

300 Chinese visit exhibition on ancient documents on Hoang Sa Archipelago

VietNamNet Bridge – The exhibition of documents related to the sovereignty of Vietnam to the Hoang Sa Archipelago (Paracels) attracted more than 1,200 foreign visitors, including nearly 300 Chinese.

BUSINESS IN BRIEF 25/2

Asia-Pacific exports expected to increase; Inflation holds steady despite Tet demand; Surge of power plants to plug into Viet Nam market

Big cities threaten to eliminate substandard people-founded high schools

The Hanoi and HCM City education departments have sent an ultimatum to substandard people-founded high schools, saying that they have to upgrade their education quality, or get eliminated.

Ba Cheo canal area’s people start their lives again from scratch

After receiving money from Sonadezi, the local people in Ba Cheo canal area have begun re-organizing their lives from scratch.

Low-cost backup battery packs flow to Vietnam

Backup battery packs have become cheaper than ever in Vietnam. No one could imagine before that a high technology product could be so cheap.

MOT propose to amend law to be able to sell ships as scrap iron

The Ministry of Transport (MOT) believes that it would be better to demolish old ships and sell as scrap iron. However, the current laws don’t allow to do this.

Hai Phong not only has sea and islands to attract tourists

Beautiful beaches and islands have always been the most attractive things that lure tourists to the city. Meanwhile, a lot of original cultural resources of the city remain unfamiliar to tourists.

Lack of funds undercuts university quality

 VietNamNet Bridge – Viet Nam has set a goal to have one Vietnamese university in the world top 200 by 2020.

Hydropower projects intimidate Mekong Delta

 VietNamNet Bridge – The upper reaches of the Mekong River are now seeing the operation of 100 out of 300 hydropower projects, which scientists warn of a threat to the Mekong Delta.

Saigon’s unknown underground world of music

An unknown and underground world of music--comprising of artists who have never been able to be part of the mainstream world of music--has existed in Saigon for a very long time and continues to flourish unheeded and unobstructed.

Draft Constitution pushes judicial reform

 VietNamNet Bridge – The draft amendments to the 1992 Constitution are in the process of public debate. Compared to the 1992 Constitution which has 147 articles in 12 chapters,

Doctoral laureate steles to be recognized by UNESCO

Eighty-two doctoral laureate steles under the early Le, Mac and late Le dynasties (1442-1779) in Hanoi’s Van Mieu will get UNESCO’s Global Memory of the World Programme’s certificate.

Outbound tours rise sharply at Tet

 VietNamNet Bridge – The outbound tourism segment achieved sharp growth around the Tet holiday, outperforming the domestic segment, said big travel firms in HCM City.

HCM City concert to celebrate war-era songs

 VietNamNet Bridge – Popular war-era songs written by celebrated composer Phan Huynh Dieu will be performed at a concert next Monday evening at HCM City’s Conservatory of Music.

Banks report good news: they make lower profits

Commercial banks have reported unsatisfactory business results for 2012 with profits down dramatically. However, the unsatisfactory business performance of the banking system turns out to be the “good news.”