Village gets rich from bananas

Coming to Tan Long commune, within the mountainous Huong Hoa District in the central province of Quang Tri. These days one will see bustling banana markets. Thanks to bananas, many people have built spacious houses and got rich.

Japan helps Mekong Delta adapt to effects of climate change

VietNamNet Bridge – Japan is going to help the Mekong Delta adapt to the effects of climate change as part of a non-refundable US$2million technical co-operation project that was signed Thursday in Ha Noi

Exchange rate projected to stabilize in rest of year

Vietnam’s National Financial Supervisory Committee (NFSC) has forecast the exchange rate between the U.S. dollar and the Vietnamese dong will change little in the rest of the year, said Le Xuan Nghia, vice chairman of the committee.

Students taught value of money

VietNamNet Bridge – The HCM City Department of Education and Training has been providing financial education for students, especially those in high school, as part of a soft-skills training programme for them.

Viet Nam, Cambodia vow to crush smuggling, trade fraud

VietNamNet Bridge – Viet Nam and Cambodia will increase customs co-operation, focusing on border co-operation, to create favourable conditions for the two countries' trade and struggle against smuggling and trade fraud

BUSINESS IN BRIEF 30/4

Malaysia's Hong Leong Bank opens in Ha Noi; Hoa Phat posts high Q1 profits; State-owned steel firm to hold IPO; MobiFone receives VICTA award;  Building open with hanging gardens

High CPI increase in April makes interest rate decreases impossible

Finance and banking experts believe that with the measures to stabilize the foreign currency market, the dong/dollar exchange rate would be stabilized in the upcoming months.

SOCIETY IN BRIEF 30/4

Vietnam cancels anti-gov't cable network; Int’l arrivals in Vietnam continue rising; Policeman dies of rabies from domestic dog; Education Publishing House increases textbook prices; National workshop on reducing harm to sex workers   

Nigerian player fined for insulting referees

VietNamNet Bridge – Hoa Phat Hanoi’s Nigerian striker, Timothy Anjembe, has been fined VND10 million ($500) and suspended from four matches at V-League 2011, for insulting referees in the game between his club and Khanh Hoa last weekend.

Coach for national football squad to be named in early May

VietNamNet Bridge – Officials of the Vietnam Football Federation (VFF) have met to discuss the selection of a new coach for the national football team.

Realty market almost reaches freezing point

VietNamNet Bridge - The property market, especially the residential segment, has almost touched the freezing point, with most high-profile developers holding a downbeat view on 2011 and having revised down their business targets for the year.

More Events from April 30 to May 10

“Sapa in the Clouds” Festival 2011; HCM City – Firework to Celebrate Reunification Day; Performance at Youth Theater; Wasted Youth of a Nation at Hanoi Rock City; Come Together at Heresy for Cedric

LIFESTYLE IN BRIEF 30/4

City bustling with fun activities for national holidays; Ha Long Tourism Week 2011 kicks off; Vietnamese Film Week opens in Laos; Vietnamese actress returns from Hollywood sojourn  

Foreign firms air concerns

VietNamNet Bridge - Foreign investors in HCM City said though the local business climate was good, there were some concerns for US businesses.

Vietnamese documentaries to be aired on Discovery Channel

VietNamNet Bridge - Vietnam’s four documentaries which won prizes at The First Time Filmmakers (FTFM) competition will be broadcast on US Discovery Channel as from May 5. 

Poor conditions leave markets empty

VietNamNet Bridge - The Mekong Delta has hundreds of State-owned markets that are either vacant or are operating ineffectively because of inconvenient locations or high rental fees.

Wastewater dumping in Saigon River alarming agencies

VietNamNet Bridge - The Saigon River’s pollution is at a worrying level after a recent survey showed that the river is still receiving huge amounts of untreated wastewater every day, according to the HCM City Environmental Protection Agency.

Energy-saving projects getting the green light

VietNamNet Bridge - There are some positive signals coming from the clean energy sector in Vietnam with a number of energy saving investment projects getting the green light.

Average room rate at city hotels tumbles

Travel companies have said that the average room rate at three- to five-star hotels in HCMC has fallen by 10% in this low season for the inbound segment, although hoteliers said the price barely decreased compared to the year-ago rate.

Historical pictures of Saigon’s liberation day

Tanks ran at lightning speed to the gateway of Saigon, liberation troops surrounded the Tan Son Nhat Airport… are among historical photos displayed at the exhibition to celebrate the 36th anniversary of the liberation of south Vietnam (30/4/1975).

City seeks huge capital to beef up transport infrastructure

HCM City will need as much as US$40 billion for transport infrastructure development between now and 2020 to meet public demand and address chronic traffic jams, and most of it remained to be sought, an official said on Wednesday.

Vietnamese rockers to join ASEAN fest

VietNamNet Bridge - The “Buc Tuong” (The Wall) rock band will represent Vietnamese youth to perform at the ASEAN Youth Cultural Exchange Festival 2011 (AYCEF 2011) scheduled for Jakarta , Indonesia from April 30 to May 2.  

Public transport, flights unlikely to meet peak holiday demand

VietNamNet Bridge – Despite plans to put on more trains during the national holiday from April 30 to May 3, it now seems unlikely they will be able to meet demand.

BUSINESS IN BRIEF 29/4

Price stabilisation programme ‘a success'; Ministry assists exporters in targeting EU market; PetroVietnam earnings hit $7.2b amid price flux; Russia region governor urges co-operation between firms; Investor trading accounts fall inactive

Buses key to solving traffic chaos

VietNamNet Bridge – Researchers, managers and experts gathered at a seminar in HCM City yesterday, April 28, to discuss measures to make public transport more popular among city dwellers.