17 firms sued by U.S. over mortgage-backed securities

The Federal Housing Finance Agency (FHFA) of the United States on Friday filed lawsuits against 17 financial institutions to recover losses to Fannie Mae and Freddie Mac for mortgage-backed securities.

CPI forecast to slow further

The consumption price index (CPI) in September is expected to continue its decline at a rate of 0.8 per cent, according to the Ministry of Industry and Trade's Market Watch Team.

Vietnam’s National Day celebrations abroad

The National Day of Vietnam (Sept. 2) was celebrated imposingly at Vietnamese embassies abroad on Sept. 1 and 2.

Decline in new mobile phone subscribers

As of the end of August, the number of telephone subscribers in Viet Nam is estimated at 128.8 million, a 4.3 per cent year-on-year increase.

Charges against 5 in gold shop murder

Prosecutors in Bac Giang northern province will seek indictments against Luyen, who killed three people and injured a little girl at a jewelry shop in the province on August 24, and four others for their role in the crime.

Education sector to meet international standards: PM

Vietnam’s Prime Minister said there is an urgent need to upgrade the education quality in the country, focused on renewed and better curriculum and teaching methodologies to meet with international standards.

Key plant-breed plan to cost $8 million.

The Government will invest VND170 billion ($8.25 million) in developing key plant breeds, according to VietGAP (Vietnamese Good Agriculture Practices) standards.

Caution advised on bank reform

Restructuring the banking sector is necessary to improve its safety and soundness but the work should be done with caution if it is to be effective, high-ranking financial official say.

Cast away in Nha Trang Bay

About a 45 minute boat ride out into Nha Trang Bay sit the islands of Mun, Tam and Mot. In recent years, the area has become popular among fishing enthusiasts looking for a quiet, tranquil place to pursue their hobby.

Illegal logging for charcoal threatens national park

Illegal logging of mangrove trees for producing charcoal in Ca Mau Cape National Park, a UNESCO world biosphere, has worsened this year and forest protection authorities could not control the situation.

High turnover of key personnel

This year witnesses a high turnover of key personnel at commercial joint-stock banks

Foreign investors eye property market

Many foreign investors study opportunities of investing in real estate, and some buy into property projects developed by local companies

Orders coming, but Vietnamese don’t have tra fish to sell

VietNamNet Bridge – Foreign importers continuously contact to place orders, but this does not make Vietnamese exporters happy: they do not have tra fish to sell.

U-23s to train for SEA Games

VietNamNet Bridge – Viet Nam's U-23 football team will gather together on September 11 to start intensive training in preparation for the 26th Southeast Asian Games in Indonesia.

Hanoi suburbs in need of more physicians

VietNamNet Bridge – Three years after Ha Noi expanded its municipal boundaries, suburban hospitals in the capital city's outlying areas are still struggling to overcome a shortage of doctors.

Relics of “Mr” and “Mrs” in HCM City

VietNamNet Bridge – These relics, including the Mausoleum of Mr. and Mrs. Chieu, Lady Hoa Market, Mr. Bon Pagoda, etc. are associated with historical stories about Saigon, the city of over 300 years old.

Big carrot for petro complex

'We need around $2.5 billion to import materials every year so the incentives are good for us'.

More return to Viet Nam after overseas study

More and more graduates who have finished their studies in other countries are choosing to return to Viet Nam and work as they see a huge opportunity to promote themselves in their homeland.

Social networks more utilized by businesses for marketing

Businesses all say they tend to allocate bigger budgets for online marketing tools. Social networks have become a favorite channel for businesses to do marketing and introduce their products for the last year.

Dengue fever vaccine undergoes final trial

The HCM City Pasteur Institute will carry out the final phase of clinical tests on a vaccine against dengue fever next month.

Is it time for accepting same-sex marriage in Vietnam?

Homosexuality has been mentioned in Vietnam for a decade. Though it is not officially recognized, “the third world” has become a part of the Vietnamese society. However, it would be a long way for homosexual marriage to be recognized by the law.

ART & ENTERTAINMENT IN BRIEF 3/9

Council set up for Ho Chi Minh, State Awards; Mid-Autumn Festival 2011 brings delight to Hanoi’s Old Quarter; Photo festival extolls beauty of Red River Delta provinces; Young writers to receive more support

Tributes to Ho Chi Minh as republic marks 66 years

Viet Nam's top leaders visited the Ho Chi Minh Mausoleum in Ha Noi yesterday and laid wreaths to commemorate war martyrs on the occasion of the country's 66th National Day today.

Secrets from Nguyen Dynasty’s treasures

VietNamNet Bridge – The Nguyen Dynasty has left the ancient Hue citadel as a relic which is recognized as the world cultural heritage and also invaluable treasures.

Vietnam prepares to welcome new investment wave

While the foreign investment inflow does not prosper this year, the flow from Japan in the first half of 2011 rose to nearly $500 million of registered capital, with 85 projects, ranking fourth among the largest investors in Vietnam.