Hanoi ranks 104th in Global City Competitiveness

Hanoi and Ho Chi Minh City are amongst the 140 cities in the most competitive index in the world, according to a new report Global City Competitiveness by The Economist Intelligence Unit (EIU). 

MPI admits it’s difficult to deal with transfer pricing

“It is as clear as daylight that many foreign invested enterprises (FIEs) commit the transfer pricing, but it is very difficult to find out the proofs for accusations,” said Do Nhat Hoang, Director of the Foreign Investment Agency.

The foreign man in Quang Ngai women’s association

VietNamNet Bridge – American veteran Mike Boehm comes to Vietnam every March, over the last 18 years, to assist poor women in the central province of Quang Ngai.

Dow posts seventh straight gain, S&P ends above 1,400

The U.S stocks ended higher on Thursday after economic data continued to prove that the recovery was picking up strength in the world's largest economy.

BUSINESS IN BRIEF 17/3

Rate cut raises hopes of property recovery; Transport firms struggle with higher petrol prices; Northern economic corridor development plan approved; Increasing pressure for inflation control; Demand rises for high-grade rice  

Tram Gian pagoda offers peace, collection of cherished treasures

VietNamNet Bridge – The bell resounds from the Tram Gian (hundred compartment) Pagoda on a late winter afternoon as I enter through its giant, pillared gate into a large brick yard.

ART & ENTERTAINMENT IN BRIEF 16/3

Vietnam-Philippine friendship concert in Hanoi; World’s top dancesport duos to perform in Vietnam; Boats, bands for Da Nang party; Performance artist presents latest work in HCM City; Vietnamese celebrities attend ‘Chronicle’ debut

Hoa ethnic language put on school curriculum

VietNamNet Bridge – The Chinese (Hoa) ethnic language will be included as an optional subject for children of the Hoa ethnic minority group, at general schools in Vietnam.

Deputy PM advocates restricted use of private vehicles

Deputy Prime Minister Nguyen Xuan Phuc has instructed the Ministries of Finance and Transport to submit a proposal that will restrict use of private vehicles in a move to restore more traffic order and safety in HCM City.

Bilbao beat Man. United to reach Europa League quarters

Athletic Club Bilbao quaified for the quarterfinals of the Europa League with a magnificent victory over English Premier League leaders, Manchester United on Thursday.

IMF approves 28-bln-euro rescue funding for Greece

The International Monetary Fund ( IMF) announced on Thursday that it has approved a 28-billion-euro rescue loan for Greece, ending months of market jitters caused by Greece's faltering fiscal and economic situations.

Chile ratifies FTA with Vietnam

A free trade agreement (FTA) between Vietnam and Chile received ratification of both the Chilean Chamber of Deputies and Senate on Mar. 14, just five days prior to the visit of Chilean President Sebastian Pinera to Asia and Vietnam.

Tien Minh ousted from the world top 10 badminton players

VietNamNet Bridge – Vietnam’s top badminton player, Nguyen Tien Minh, is not named in the list of top ten players of the world, which was released on March 15. Minh lost one grade to stand at 11th.

Bi Rain to return to Vietnam

Two famous Korean singers – Bi Rain and Park Hyo Shin – are expected to be in Hanoi from March 17 to 23, to perform in the meeting between officials of the Vietnamese and South Korean Ministries of Defense on March 21.

Nikkei closes at over 7-month high

Nikkei ended at a seven-and-a-half- month high Thursday, as the yen continues weakening.

Korean singers won the hearts of Vietnamese fans

VietNamNet Bridge - Super Junior, Davichi, Secret, CN Blue, BEAST, Sistar, MBLAQ and IU had a perfect show at the Vietnam – South Korea Festival on March 15 in Hanoi, which made thousands of fans go into ecstasy.

EVENTS SCHEDULED ON MARCH 16-31

World Music with Kareyce Fotso and Aly Keïta; ACCV Annual Fundraiser; Screening of “A L’Origine”; Subcription Concert Vol. 49 “Scandinavian Night”; A Multiple Event on Manga; An Evening of Opera at LUNA – Programme 16

Health sector set to improve standard

VietNamNet Bridge – Health sector standards are expected to improve when new policies relating to an increase in health service fees and staff allowances come into effect on April 15.

Belgium Princess meets Saigon’s street children

Belgium Princess Mathilde, as the UNICEF and UNAIDS Special Representative for Children and AIDS, paid a visit to the Thao Dan Patronage Center and Dieu Giac Temple in HCM City, which are the home to many street children.

Ha Noi traffic ‘a planning headache'

VietNamNet Bridge – Traffic congestion in Ha Noi has long been a problem, and urban planners are struggling to find immediate strategies or a long-term solution to address the issue.

State Bank plans to tighten control over FIE’s loans from foreign sources

The State Bank of Vietnam has expressed its worry about the legal regulations relating to the management over the foreign invested enterprises’ (FIEs) borrowing.

Monthly income of prostitute workers very high

Female prostitutes on average earn VND10.6 million per month (over $500) while male prostitutes earn VND6.55 million (over $300), around 2.5 times over the average earning of the group of 20 percent highest income earners in Vietnam.

Boats, bands for Da Nang party

VietNamNet Bridge – Water skiing, boat races and street music performances will be held in the central coastal city of Da Nang on the occasion of the city's 37th Liberation Day on March 29.

SOCIETY IN BRIEF 16/3

Koreans help cleft-palate children; Belgium helps Binh Thuan manage water resources; HCMC rainstorm collapses houses, injures 4 people; Shrapnel bombs detonated

Thien, Nam fall at Malaysian Cup

VietNamNet Bridge – Young Vietnamese tennis players Nguyen Hoang Thien and Ly Hoang Nam were knocked out of the Sarawak Chief Minister's Cup on Wednesday in Malaysia.