Becoming an IT powerhouse

VietNamNet Bridge - In the hope of becoming an information and communications technology (ICT) powerhouse within 10 years, Viet Nam will continue to create favourable conditions for investors.

ADB meeting gives Vietnam a progress showcase

VietNamNet Bridge - The 44th annual meeting of the Asian Development Bank (ADB), to take place in Hanoi from May 3-6, is a unique opportunity for Vietnam to profile its progression to a middle income country to the entire world.

Vietnam urged to change policies to attract next generation foreign investors

VietNamNet Bridge – There is a clear tendency of shifting investment capital flow from regional countries, which should be seen as a great opportunity for Vietnam to grab and improve the quality of the foreign direct investment (FDI).

Drainage project delays means heavier flooding in city

VietNamNet Bridge – HCM City is set to suffer heavier flooding again in the upcoming rainy season due to more delays in drainage projects.

BUSINESS IN BRIEF 2/5

Dollar sales rampant despite ban; Software technology park breaks ground in Hanoi; Ministry urged to revamp road contracts; Land prices feed market volatility; Non-life insurance earnings jump

Vietnam revises farm export target to $23 bil

VietNamNet Bridge - The Ministry of Agriculture and Rural Development has upped its forecast for agricultural exports this year to $23 billion following the sector’s robust performance in the first quarter.

Thua Thien-Hue to host national tourism year 2012

VietNamNet Bridge - The national tourism year 2012 themed “Hue-Ancient capital city-New experiences” will be held in central Thua Thien-Hue province.  

Samsung Electronics wins first domain name lawsuit in Vietnam

VietNamNet Bridge - Samsung Electronics has won the lawsuit to gain the priority right in its registration and usage of the domain name samsungmobile.vn, after two years chasing for.

Prices likely to climb another 2 percent in May

VietNamNet Bridge - The nation's inflation is expected to ease to a rate of 1.8-2 per cent in May following April's one-month surge of nearly 4 per cent, says a domestic market management team.

Football gambling goes virtual in Vietnam

With the advent of computer games like Pes 2010, football gamblers in Vietnam no longer have to fear match-fixing in European leagues or being arrested by the police - they can play the game themselves as well as bet on it.

Workers back from Libya seek aid

VietNamNet Bridge – Deputy Minister of Labour, Invalids and Social Affairs Nguyen Thanh Hoa spoke with Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about support needed for workers evacuated from Libya.

Candidates need to represent voters

VietNamNet Bridge – Viet Nam Fatherland Front (VFF) Central Committee vice president Nguyen Van Pha spoke to Dai Doan Ket (Great Solidarity) about the representative role of National Assembly deputies.

Dangers from giant cranes

VietNamNet Bridge - Accidents caused by cranes have been reported recently. Below are photos capturing cranes carrying concrete blocks of tons in weight hanging over crowded flows of traffic in Hanoi.

Kinh Do to list on London exchange

Vietnam’s leading confectioner Kinh Do Corp. (KDC) expects to deliver a private placement of 20 million shares to Deutsche Bank Trust Company Americas as an indirect way to list on the London Stock Exchange, said the CEO of the local firm.

Obsessions of an American veteran who comes to VN 50 times

Within 17 years, James G. Zumwalt, former lieutenant-colonel of the US Marines who participated in the Vietnam War, has come to Vietnam over 50 times. He has interviewed over 200 people to seek solutions for dealing with Agent Orange in Vietnam.

Hung Kings’ dead anniversary – worldwide unique event

The file entitled “Vietnam’s beliefs to worship Hung Vuong” was finalized in March 2011, to submit to the UNESCO for considering as an intangible cultural heritage of the mankind.

Flower sector struggles to boost exports

VietNamNet Bridge - Limited cultivation areas and a failure to satisfy choosy customers with high quality flowers are challenging the Vietnamese flower sector in gaining a foothold in foreign markets.

Businessmen learn a lesson from selling fibers to China

Many Vietnamese enterprises thought that they would make fat profits when they could sell fibers to Chinese businessmen at high prices. However, it later turned out they took a loss because they had to buy materials at higher prices.

BUSINESS IN BRIEF 1/5

Tax break anomalies discourage consumption of homemade goods; Prime Minister approves MHB equitisation plan; Sales slump at luxury malls; Labor shortage looms for booming textile industry; Kon Tum targets 15% annual growth  

French Nobel winner receives VN award

VietNamNet Bridge – Deputy Prime Minister Nguyen Thien Nhan on Friday awarded the Friendship Order to French professor Francoise Barre Sinoussi for her contribution to the HIV/AIDS fight in Viet Nam.

Only two deserve supermodel title in Vietnam: expert

VietNamNet Bridge - It’s ironic that there are more “supermodels” in Vietnam than the rest of the world combined, said Thuy Nga – director of Vietnamese Elite Model Management Company.

A PR disaster

The lingering controversy around Vietnam Airlines and its passenger Le Minh Khuong has drawn nationwide attention. Local media has over the past two weeks jumped on the bandwagon to give extensive coverage of the event as it unfolds.

Google most-visited site in Vietnam, says survey

VietNamNet Bridge - Google is the most popular website in Viet Nam with visits by 48 per cent of internet users, a survey by market research company Cimigo has found.

Experts call for austerity measures

VietNamNet Bridge - Economic experts have called for the Government to take the bitter pill in fighting inflation by taking over the job of slashing public investments rather than leaving it to local and central authorities and State corporations.

Vietnam’s elephants to be extinct in ten years

VietNamNet Bridge – After the death of an elephant named Beckham in the Central Highland city of Da Lat last week, wildlife experts have warned that the number of elephants in Vietnam is falling and elephants will be extinct in the next ten years.