Vietnamese bankers target foreign technologies, not foreign money

The face of the banking system in Vietnam has changed a lot since April 2007 owing to the Vietnam’s admission to WTO. More and more foreign financial institutions wish to become the strategic shareholders of domestic banks.

Czech doctors perform unique heart replacement surgery

Doctors from Prague's Institute of Clinical and Experimental Medicine (IKEM) have performed a unique heart replacing operation on a young man, with his heart replaced by two mechanical pumps, said Czech media reports.

Nadal wins seventh French Open

Spaniard Rafael Nadal claimed a record seventh French Open title on Monday, beating world No. 1 Novak Djokovic of Serbia 6-4, 6-3, 2-6, 7-5.

22 percent of inspected coaches are unsafe

VietNamNet Bridge – The Hanoi Department of Transport recently combined with the Vietnam Vehicle Registration Agency to check the quality of coaches in the city. Up to 22 percent of inspected coaches are unsafe, the department reported.

Road transport firms fail to install black boxes

Heavy and passenger vehicles including buses and trucks, won't be given registrations if they don't have black boxes installed, Viet Nam Road Administration director Trinh Ngoc Giao said yesterday.

BUSINESS IN BRIEF 12/6

Exports to Japan surge by 65 pct; Electricity loss estimated at $310.4 mln in Jan-May; Fuel prices fail to dent taxi fares; Ben Tre urged to curb coconut cutting wave; Exporters face tough months ahead

Banks urge Gov't to establish State debt trading company

Leaders in the banking industry are calling for the establishment of a debt trading company with the capacity to buy up about VND100 trillion (US$4.8 billion) worth of bad debt, although questions remain about how it would be organised.

My Xuan’s celebrity prostitution ring indicted

Four pimps involved in a high-end sex ring of actresses, models, and beauties that has recently rocked Vietnamese showbiz were prosecuted Sunday on charges of providing prostitution services.

More towns under curfew in western Myanmar

VietNamNet Bridge – Three more areas in Myanmar 's western State of Rakhine, namely Thandwe, Kyaukphyu and Ramree, were placed under a dusk to dawn curfew on June 10 by the Myanmar authorities.

In pictures: Bac Ha horserace 2012

VietNamNet Bridge – More than 10,000 flocked to Bac Ha district in the northern mountain province of Lao Cai to witness the annual horserace on June 10.

FIEs may have to stop operation because of procedures

VietNamNet Bridge – Nearly 800 foreign invested enterprises (FIEs) in HCM City are facing the risk of getting dissolved or having to stop operation because they cannot make the re-registration as requested.

Vietnam’s largest ‘thang co’ pan recognized

VietNamNet Bridge – After the Bac Ha horserace, losing horses were slaughtered to process a specialty of H’mong people – thang co.

Lai Chau: Locals steal rare earth ore

VietNamNet Bridge – A big hill was dug up. Thousands of tons of rare earth ore in Dong Bao village in Tam Duong district of the northern province of Lai Chau disappeared.

SOCIETY IN BRIEF 11/6

Japan helps Viet Nam promote occupational safety and health; Half-ton whale shark caught in central; HCM City teens start traffic safety campaign

Math book or horror story?

VietNamNet Bridge – A mathematics book for students in the first grade has recently aroused fury among many people due to its violent content.

Experts discuss health warnings for tobacco

VietNamNet Bridge – The Government's draft law on tobacco control regulated that health warnings must occupy 50 per cent of the tobacco packaging, but health experts said that implementation of this regulation would need long-term attention.

Vietnamese online community praise foreign man who spoon-feeds a beggar

VietNamNet Bridge – A picture depicting a foreign man with a lot of tattoos on his body who was kneeling to spoon-feed a beggar has attracted special attention of Vietnamese Facebook users.

Woman asks government’s permission to marry second wife for her husband

VietNamNet Bridge – LTD, a 50-year-old woman in Hong Dan district of the southern province of Bac Lieu, asked the local authorities’ permission to marry a wife for her husband.

The woman who carries a tumor over 20kg

VietNamNet Bridge – Ms. Bui Thanh Nga’s tumor is over 20kg, while she is only 35kg. It extends down from her buttocks to her ankle.

Vietnamese fans sleepless with EURO

VietNamNet Bridge – After four years, Vietnamese football fans against “eat and sleep” with Euro 2012. They group up at coffee shops or at their friends’ home to acclaim their favorite teams.

New hospitals to ease overload hospital overload

VietNamNet Bridge – The Ministry of Health plans to build more satellite hospitals to curb the overload at major hospitals in Ha Noi.

Hanoi Zoo’s elephant suddenly dies

VietNamNet Bridge – A male elephant of the Hanoi Zoo, which is popular among Vietnamese children, fell down and died on June 9.

Project set to connect Ly Son to power grid

VietNamNet Bridge – The Government has planned to spend around VND300 billion (US$14.4 million) to connect over 20,000 residents of central Quang Ngai Province's Ly Son Island to electricity.

Road transport firms fail to install black boxes

VietNamNet Bridge – Heavy and passenger vehicles including buses and trucks, won't be given registrations if they don't have black boxes installed, Viet Nam Road Administration director Trinh Ngoc Giao said yesterday, June 10.

Foreign newspapers: interest rate reduction in VN not a worry

Contrary to all predictions, the move by the State Bank of Vietnam to slash the deposit interest rate further--to 9 percent per annum from June 11 has been a good move in the current circumstances.