KOICA – A friendship bridge

The Korean International Co-operation Agency has established many effective support projects to help Vietnamese people develop their economy to improve their living conditions and help the appropriate authorities improve their working capacity.

SOCIETY IN BRIEF 27/1

City hotel makes giant Banh Tet; Five fall down 16m in amusement ride accident; Young man in coma in firecracker explosion; Hanoi to build more overpasses, car parks

Students choose to work over holiday

VietNamNet Bridge – Many students from other provinces in HCM City choose to find temporary jobs or do social work during Tet instead of returning home for the festival.

People flock to tourist sites on New Year days

VietNamNet Bridge – Most tourist sites in Ho Chi Minh City have hosted a wide range of activities with a view to bringing joy and happiness to visitors during the New Year.

Reviewing Vietnam’s sports achievements in 2011

VietNamNet Bridge – Vietnam set notable records in both regional and world sports competitions in 2011. We now review the country’s major sports achievements of the past year.

U.S. Fed to keep low interest rates at least through late 2014

The U.S. Federal Reserve said on Wednesday that it will keep the exceptionally low levels for the key interest rate at least through late 2014, with the aim of boosting economic recovery.

HCM City leaders cheer workers unable to go home for Tet

On the third day of Tet Lunar New Year (Jan. 25), Le Thanh Hai, Secretary of the Ho Chi Minh City Party Committee along with leaders of the HCMC People’s Committee, visited and extended Tet greetings to sewage workers of Da Phuoc Centre

Private investors not keen on support industries

VietNamNet Bridge – Private-owned businesses pay little attention to support industries because of their small market scale and the absence of incentive policies for this field.

National Tourism Year - Hue 2012 kicks off

Central Thua Thien – Hue province has been selected to host the National Tourism Year – Northern Central Coastal Area 2012. It will host a series of activities throughout the year to promote national tourism and lure international tourists.

Cambodia steps up as ASEAN, regional mediator

VietNamNet Bridge – As ASEAN chair in 2012, Cambodia will play its role as a neutral mediator in all regional and international issues, said Prime Minister Hun Sen on Jan. 24.

Co Tu people keep brocade weaving alive

Brocade weaving retains the traditional characteristics of the Co Tu ethnic group of Quang Nam province.

137 dead in first 4 days of lunar New Year

VietNamNet Bridge – There were 167 road traffic accidents in Vietnam killing 137 people, injuring 148 others in the first four days of the lunar New Year of the dragon.

Whales stranded in New Zealand put down after failed bid to refloat

The Department of Conservation (DOC) issued a statement Thursday saying the whales, which had been refloated on the high tide Wednesday, had come back ashore at Farewell Spit in Golden Bay.

Five CEOs of Vietnamese descent praised by world media

The international media has honoured five young CEOs of Vietnamese origin working in a number of countries around the world.

First win for Liem at UK Chess Festival

VietNamNet Bridge – Top Vietnamese chess player Le Quang Liem defeated Karim Ismael from Morocco to win the first game in the 2012 Tradewise Gibraltar Chess Festival taking place in the UK from January 24-February 2.

SOE restructuring would put heavier burden on government

Minister of Finance Vuong Dinh Hue has warned that the cost for restructuring state owned enterprises SOEs would be big, which would be a burden to the national economy and lead to higher public debts.

Dead goose in Hong Kong tests positive for H5N1 virus

The Hong Kong government said on Thursday a dead goose, found in the northwest part of the city, has been confirmed to be H5N1 positive after laboratory testing.

Ambassador cares about Vietnamese nationals in Moscow

VietNamNet Bridge – Vietnamese ambassador to Russia Pham Xuan Son on January 24 visited the Moscow World Trade Centre where thousands of Vietnamese people do business.

Merkel calls for "even greater changes" to Europe

German Chancellor Angela Merkel on Wednesday called for "even greater changes" to the status quo of the crisis-mired eurozone, while warning that pampering debt-wrecked eurozone member countries would do a "disservice" to the future

The most controversial economic policies in 2011

The sharp devaluation of the dong, the continued electricity price increases in the context of the fight against inflation, the tightening on car imports have been cited as the most controversial economic policies in 2011.

French police arrest boss of breast implant company PIP

French police on Thursday morning arrested the owner of Poly Implant Prothese (PIP) Jean-Claude Mas, who has got involved in the scandal of producing breast implants with unauthorized materials,

Japan’s largest chemical producer invests in VN

VietNamNet Bridge – Japan's Shin-Etsu Chemical Co will set up two companies specialising in manufacturing silicone-based materials for high-brightness LED lights, and refining rare earth minerals, with a total investment of 5 billion JPY.

Quoc steps down from national team

Viet Nam will take part at the Southeast Asian Table Tennis Championship in Thailand without key member Doan Kien Quoc, who has decided to make way for younger talent.

Restructuring State-owned Enterprises: a thorny problem

Restructuring State-owned Enterprises (SoEs) is considered the most difficult task for Vietnam in the framework of restructuring the economy.

Foreign firms steer clear of production

Foreign invested enterprises (FIEs) are paying more heed to distribution and importing than actually producing anything locally.