Raising compulsory reserve ratio proposed to restrict foreign currency loans

Experts have mooted an increase in the compulsory reserve ratio on foreign currency deposits, believing that the solution would help ease the foreign currency speculation and dollarization, thus making the finance market healthier.

17 injured in Israeli airstrikes on Gaza: medics

Israeli warplanes carried out seven intensive airstrikes on posts belonging to Islamic Hamas movement' s armed wing al-Qassam Brigades, injuring at least 17 people, medics in Gaza said.

Radioactive cloud reaching Philippines

A radioactive cloud from Japan’s Fukushima I plant is moving south over the Pacific and will reach the north of the Philippines on March 22, reported Vietnam’s Ministry of Science and Technology.

Norwegian Wood wins prizes at Asian Film Awards

VietNamNet Bridge – The movie by Vietnamese/French director Tran Anh Hung was presented with the Best Cinematography Award at the Asian Film Awards in Hong Kong on March 21.

Mud eruption in Ninh Thuan is defined as volcano mud

VietNamNet Bridge – A mud eruption in the central province of Ninh Thuan is a normal geothermal phenomenon and is not dangerous, but a senior expert noted that the area is cursed with weak soil.

Miss Teen shines at international youth meeting

VietNamNet Bridge – As the host of the exchange of international students in HCM City on March 20, Miss Teen 2010 Diem Trang roused the event, which attracted over 1000 youngsters from many countries.

ENVIRONMENT IN BRIEF 22/3

Sharing experiences implementing REDD; Climate excesses cause difficulties for forecasters; All solid medical waste to be treated; Oil boat explosion brought under control

Polluting villages may stay put

VietNamNet Bridge – The highly polluted Nhue and Day rivers in Ha Noi's outer Hoai Duc District have prompted local authorities to consider relocating the area's craft villages, but funding shortages may hinder any action.

Alarm bells sound over nude pictures of youths on Internet

VietNamNet Bridge – The syndrome of Vietnamese young people posting nude pictures on the Internet has been described as a kind of “depraved morality”.

Vietnamese children and the “stolen childhood”

VietNamNet Bridge – Never before have Vietnamese children had to live in conditions like today.

Japan battles to restore power to quake-hit nuke plant, radiation found in food and water

Efforts to rig power cables to two reactors at the quake-hit Fukushima Daiichi Nuclear Power Plant in northeast Japan were suspended Monday evening following the appearance of smoke rising from the reactors' housing buildings.

School subsidies benefit rich over poor

VietNamNet Bridge – The richer the parents, the more they benefit from State subsidies for preschool education. Conversely, their poorer counterparts pay as much if not more for lower quality schooling.

Japanese reconstruction could be Vietnamese opportunity

Japan is the biggest ODA bilateral donor, the second biggest foreign direct investor and the fourth biggest export market for Vietnam. However, this does not mean that the Japanese crisis will only negatively impact upon Vietnam’s economy.

Heart victim uses karate to fight back

VietNamNet Bridge – It took nearly 32 years of training in the martial art of karate before Master Doan Dinh Long was ready to set up his own school in Ha Noi, following his introduction to the Japan-born art in the central city of Hue.

EU finance ministers lay out details of future bailout fund

European Union (EU) finance ministers Monday laid out details of the permanent bailout fund which will have a capital base of 700 billion euros (987 billion U. S. dollars) to deal with future sovereign debt crisis.

French warplanes fly around 400 hours over Libya

French warplanes have flown around 400 hours in total in Libyan airspace, amounting to 55 sorties in three days, a military spokesman said Monday.

Assembly reviews four years

VietNamNet Bridge - Nearly 500 deputies took part in the ninth and last session of the 12th National Assembly which opened yesterday in Ha Noi.

Iran calls for "immediate withdrawal" of foreign forces from Bahrains

Iranian Foreign Minister Ali-Akbar Salehi called for immediate withdrawal of foreign forces from Bahrain, the local English language satellite Press TV reported on Monday.

GOVERNMENT IN BRIEF 22/3

PM Dung vows to boost ties with Thailand; Lao Party Congress confirms progress; Ukraine leader to visit

Youth burn in Camp Dance Festival

VietNamNet Bridge – The Camp Dance Festival took place at Hanoi’s Tay Ho Water Park on March 20, attracting young girls, boys and  kids. This is a part of the Move IT Battle dancing contest, a hip-hop dancing competition for young people.

Teenagers rack up three golds at swim champs

VietNamNet Bridge – Teenagers Hoang Quy Phuoc and Tran Thi Kim Tuyen grabbed three gold medals each in the National Short-Course Swimming Championship in Hue City on Sunday.

ART & ENTERTAINMENT IN BRIEF 22/3

Vietnam culture day opens in Copenhagen; Worship festival re-enacted in Hue; A guitar players record; Foreign Cultural Affairs Department honoured

Students use of mobile phones causes headache to adults

VietNamNet Bridge – Parents still have to allow their children to use mobile phones. Teachers also say they seem to be powerless to the “mobile phone addiction” of their students.

Chinese scientists publicize first genome map of rare, highly-valued herb

After over a year's efforts, scientists from Shanghai and Hong Kong announced on Friday that they have completed the whole genomic sequencing work of Isaria cicada, a rare herb highly valued in traditional Chinese medicine,

ADSL no longer an attractive piece of cake for telecom service providers

VietNamNet Bridge – Vietnam once witnessed the boom of Internet ADSL services. The number of ADSL subscribers once grew so sharply that the service quality upgrading could not catch up with the increase. However, things are different now.