Conceptual inconsistency leads to different ways of treatment to foreign investors

Vietnam has been welcoming foreign investment for the last three decades. However, the concept of “foreign investor” remains unclear till now.

BUSINESS IN BRIEF 3/6

Personal loans rise amid rate cap slump; Business earnings fall in Ha Noi; ODA road projects hit top gear; Lao-Viet Bank to spur capital by US$32 million; Bank capital finds no viable outlets

Restructuring banks or redistributing welfare?

Interest groups have been so influential that they not only control small commercial credit institutions, but also stand a chance of acquiring a grip on the banking system and even the policymaking process

Vice President highlights women’s role at 2012 GSW

VietNamNet Bridge – Women play an important role in all fields of socioeconomic and political life and contribute to boosting the world’s economic growth and dealing with major national and international issues.

The wedding customs of the La Hu people

Settled mainly in Lai Chau province in north west Vietnam, the La Hu ethnic  community preserves wedding customs of unique significance.

MobiFone to upgrade network by 50 per cent

Viet Nam's oldest mobile operator MobiFone said it has increased its network capacity by 50 per cent in order to meet the rising demand of data-based services.

Pho restaurant in Nepal

Open for only several months, the Saigon Pho restaurant has become a favorite eatery of local residents in the Nepalese capital of Kathmandu and has been featured in some local papers.

“Big guys’ incur big debts

A Ministry of Finance’s report shows that 12 state owned economic groups are incurring the big debt of 218 trillion dong.

Go into the wild at Hon Thi Island

Hon Thi Island is on the way to Nha Phu Lagoon for tourists who are visiting Nha Trang but if you bypass this little gem you are missing out.

Annual fruit festival juices up HCM City

Thousands of people flocked to HCM City's Suoi Tien park for the annual Southern Fruit Festival that opened yesterday.

Land law review to get priority

Plans for legislative work during 2013 were on the agenda at a National Assembly meeting in the capital city yesterday, as deputies discussed which laws should be given priority for consideration.

Writers' talks pull authors from 6 nations

An annual Indochina literary conference to be held in Viet Nam has attracted observers from three countries outside the region.

3G service market seething

With terminal devices and service fee getting cheaper, the number of 3G subscribers in Vietnam has been increasing rapidly, according to the Telecommunication Department of the Ministry of Information and Communication.

Illegal sand exploitation unchecked along Saigon River

For the last several years, authorities have failed to put an end to the illegal sand exploitation taking place along sections of the Saigon River near Ho Chi Minh City, Binh Duong and Tay Ninh Provinces.

US helps Vietnam identify mysterious disease

A medical expert from the US Center for Disease Control and Prevention will arrive in Vietnam tomorrow to help discover the cause of a bizarre skin syndrome that has killed 23 people in Quang Ngai Province.

HCM City to spend $100 million to buy new buses

VietNamNet Bridge – By 2015, HCM City will buy 1,680 new buses to replace outdated buses, at the total cost of nearly VND2 trillion or $100 million, according to the city’s plan on bus investment in 2012-2015.

High-quality schools target excellent, rich students

A lot of people-founded secondary schools have been established in Hanoi recently, which promise to provide high training quality to students.

Bustling life at Ky Ha Fishing Port

VietNamNet Bridge – The Ky Ha Fishing Port in the mountain district of Nui Thanh in Quang Nam province, central Vietnam is awakened at 4am when nearly a hundred of boats bring fish back to the port.

No cheap capital for Vietnam on international market now

Economists have warned that the bad news about Vietnam’s economy and the big changes in the world market would be a big challenge for the Vietnamese banks, which plan to issue international bonds in 2012.

Living spontaneously in HIV storm

VietNamNet Bridge – Though nearly 30 people in this land die every year by HIV/AIDS, local people live spontaneously, paying no attention to this disease.

U.S. singer Maddona starts world tour in Israel

U.S. pop diva Madonna began her "MDNA Tour" in Israel's Tel Aviv on Thursday to promote her new album "MDNA" as well as peace between Israelis and Palestinians.

BUSINESS IN BRIEF 2/6

State urged to aid Song Da Group; State-owned enterprises in debt crisis; Credit institutions required to have five years of operation before merger; Philippines to import 100,000 tonnes of Vietnamese rice

High-school students pray for luck before taking their finals

VietNamNet Bridge - One day before the final exams, thousands of high-schools tudents flocked to the Temple of Literature, Vietnam's first university, to pray for luck.

Parks are overcrowded on Children's Day

VietNamNet Bridge - Parks in Hanoi and HCM City are overcrowded on the International Children's Day (June 1) though it does not fall on weekend.

Wall Street suffers worst month in 2 years

U.S. stocks ended a dreadful month on down note on Thursday, with major indexes suffering worst loss in about two years, amid gloomy U.S. economic data and endless European debt woes.