Vietnam considers upping foreign stakes in banks

Prime Minister Nguyen Tan Dung has instructed the State Bank of Vietnam (SBV) to consider allowing commercial banks to sell up to 20 percent of their charter capital to a single foreign strategic investor.

IT NEWS

Yahoo launches digital news-stand for browsers; Contract signed for Da Nang IT transaction centre; PM approves investment project for VOV Traffic Channel; HCM City plans underground telecoms cable project

Mountain spirits

VietNamNet Bridge - The northern mountainous region of Vietnam has garnered praise aplenty for its sometimes rugged, and sometimes lush natural beauty.

Italy to showcase arts, culture

VietNamNet Bridge - The Italian Embassy in Ha Noi has launched a programme to promote the culture and lifestyle of the Mediterranean country in Viet Nam.

HCMC IPs fail to save energy

Industrial parks in HCM City have not fully exploited the vast potential that exists to save energy because of rundown infrastructure and the use of backward technology, experts said at a conference yesterday.

Mega-projects stuck in site-clearance quagmire

VietNamNet Bridge - Foreign investors and local authorities should co-operate with each other to push forward mega projects stalled by a shortage of funds for site clearance, a senior official has said.

VN to hold tsunami exercise in Da Nang

VietNamNet Bridge - Viet Nam will hold a tsunami exercise in the central city of Da Nang to prepare for an earthquake occurring in the western region of the Philippines.

BUSINESS IN BRIEF 17/4

Seminar discusses product development; Better State supervision, transparency would reduce mining industry losses; HSBC offers discounts for credit card holders; US group eyes central region airport projects; Kim Long Securities fails to make quorum

Hi-tech labor force in higher demand as companies expand business

VietNamNet Bridge – A lot of hi-tech enterprises are planning to expand their business in 2011 and recruit a large number of workers. However, while the demand for hi-tech labor force is on the rise, the supply does not increase accordingly.  

Shop selling celebrity souvenirs for charity opens in HCM City

VietNamNet Bridge – Do Thuy, a well-known television show host in HCM City, has opened a souvenir shop that sell belongings of celebrities to raise fund for charity.

Films ‘discover' Viet Nam

Vietnamese documentaries will be aired next month on the Discovery Channel's Travel & Living programme, broadcast in the Asia-Pacific region.

iPhone 4 CDMA “in disgrace” in Vietnam

VietNamNet Bridge – While in the US, Verizon is attracting hi-tech players with CDMA-based iPhone 4s, in Vietnam, the product still cannot grab the attention of mobile connoisseurs.

SOCIETY IN BRIEF 17/4

Trade bank asked to make room for school expansion; Vietnamese authorities to monitor imported foods; Australian police bust heroin ring from Vietnam; South Korea funds central region vocational projects    

New stars vow to come out fighting

VietNamNet Bridge - The National Table Tennis Championship promises to be littered with upsets in both men's and women's singles events, said Nguyen Duc Long of the National Sport Administration.

GOVERNMENT IN BRIEF 17/4

Government to bolster science, technology sector; Irish Ambassador receives medal for peace and friendship; President lauds veterans of unmarked ships; Vice Chairman of CPC Central Military Commission wraps up Vietnam visit  

Google, Bing gains, Yahoo slips, in U.S. search market

Google and Bing gained ground in the U.S. Internet search market in March, while Yahoo saw its shares fall, according to figures released Wednesday by industry tracker comScore.

ART & ENTERTAINMENT IN BRIEF 17/4

Miss Auto Vietnam Contest to take place in July; Trinh Cong Son’s paintings tour Vietnam, go online; Vietnamese culture shines in France; Photo exhibition on Ha Long Bay opens in France; Twinkle-toed dancers return to TV screens    

The last musical instrument of Nguyen Dynasty

VietNamNet Bridge – Mr. Lu Huu Thi, 101, was a member of the royal court music orchestra under the courts of Kings Khai Dinh and Bao Dai. He is now the last musician of the monarchial period in Vietnam.

Obama says he deserves second term

U.S. President Barack Obama said Friday on campaign trail he can make the case for a second term, and voters will come to see him as the candidate best prepared to serve as president by next year's elections.

Ineffective road signs in Hanoi

VietNamNet Bridge – Many Hanoians ignore road signs to violate traffic rules, causing traffic chaos in the capital city.

More developing countries closer to achieving Millennium Development Goals: World Bank

Two-thirds of developing countries are on track or close to meeting key targets for tackling extreme poverty and hunger, but more work remains to be done, the World Bank and International Monetary Fund said Friday.

NA election candidates published

Localities nationwide yesterday held the third round of consultative conferences to set the final lists of candidates running for the upcoming elections for the 13th National Assembly and 8th People's Council.

Group vouchers boom in Vietnam

VietNamNet Bridge - Groupons or group vouchers have become popular among Vietnamese students and white-collar workers due to attractive discounts and a wide range of services and products.

SOCIETY IN BRIEF 16/4

Three arrested for counterfeiting diplomas; VN's cosmonaut shares experience; Motorcyclists raise over $40,000 for disadvantaged; Traffic potholes arouse public concern; Company director arrested for theft

G20 finance chiefs complete first step to address global imbalances

Finance ministers and central bank governors from the world's 20 dominant economies have completed the first step to address global economic imbalances, French Finance Minister Christine Lagarde said here on Friday.