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Weak banks strive to attract foreign investors

Prime Minister Nguyen Tan Dung has approved a plan to restructure credit institutions by 2015 which includes permission for foreign banks to acquire higher stakes in weak lenders.

BUSINESS IN BRIEF 27/3

Import taxes reduced as of April 1; PetroVietnam focuses on its core businesses; Brokers to report client holdings more often; Delta seafood firms, farmers in chain of debts; Food processors face capital shortage;

Buyers sought for 7.3m tonnes of export rice

Viet Nam has sufficient supplies to export 7.3 million tonnes of rice in 2012, officials said at a meeting held in the Cuu Long (Mekong) Delta province of Dong Thap on Friday.

Chea Sim re-elected as Cambodian Senate President

VietNamNet Bridge – The President of the ruling Cambodian People's Party (CPP), Chea Sim, was re-elected as President of the Senate in the third tenure on March 24.

Interesting performances at Got Talent’s fourth semi-final show (video)

VietNamNet Bridge – The fourth semi-final show of the Vietnam Got Talent 2012--on March 25 in HCM City, entertained the audience with interesting performances.

Child drivers (video)

VietNamNet Bridge – A nine-month boy drives a car, boys of 3-5 years old drive motorbikes by one hand… on the street have been recently reported in Vietnam.

Mekong Delta has bumper rice crop – the opportunity for VN to boost exports

Mekong River Delta farmers have, once again, a bountiful crop. Exporters keep optimistic about rice export in 2012.

"Fashion & Life" show of March

VietNamNet Bridge – Below are latest designs by Vietnamese fashion designers which were introduced at the monthly fashion show called “Fashion & Life” in HCM City on March 23.

New approach to poverty reduction

VietNamNet Bridge – Leaders of Central Highlands' provinces yesterday called for more support from the Government to help reduce poverty through sustainable, community-based programmes.

Gov't looks to clamp down on misused public assets

The Government is hoping to generate more than VND80,000 billion (US$3.9 billion) annually from better management of public assets, especially those currently occupied by state companies and corporations.

Annual confidence vote for State, Gov’t leaders approved

VietNamNet Bridge – The National Assembly Standing Committee has agreed that annual vote of confidence for the State President, the National Assembly Chairman and the Prime Minister will be held annually.

American billionaire presents helmet to Vietnamese kids

VietNamNet Bridge – During his visit to Vietnam, Mayor of New York City Michael Bloomberg, chairman of the Bloomberg Philanthropies, paid a visit to the Nam Trung Yen Primary School in Hanoi on March 23.

ART & ENTERTAINMENT IN BRIEF 26/3

Int’l Teenager Art Festival opens in Hanoi; Asia-Europe Short Film Contest calls upcoming filmmakers; Vietnamese people’s favorite books announced; Listen to Benji Boko’s DJ mix in Hanoi; An Oratorio concert to be held in Hanoi   

IT NEWS

VN-USA online portal set to begin operations; HDBank, Microsoft Viet Nam sign agreement; FPT earns $176 million in January, February; Vinaphone opens SMS Online service; Vinasa to set up alliance with FPT, Viettel  

Renovated heritage sites lose original cultural values

VietNamNet Bridge – Authorities are considering ways to preserve and promote the nation's cultural heritage by updating sites and practices consistent with the trend of modernisation and international integration,

PM consults leading economists, scientists

To maintain GDP growth of 6 percent in 2012, Vietnam should smooth the way for business to boost industrial production, develop markets, facilitate product sales and reduce inventory.

Exhibition spotlights female manga artists

VietNamNet Bridge –The Japan Foundation Centre for Cultural Exchange in Ha Noi is hosting an exhibition of 60 drawings by manga (Japanese comic) artists entitled Women and Manga: Connecting with Cultures beyond Japan.

Minh down a notch in BWF rankings

Top Vietnamese player Nguyen Tien Minh has moved down a notch to rank 12th in the latest Badminton World Federation (BWF) rankings. 

Myanmar competition to have less events than in other years

VietNamNet Bridge – The 27th Southeast Asian (SEA) Games in Myanmar next year is likely to have less events than in previous years.

Textile and garment companies find nowhere to shelter

Local authorities tend to say “no” not only to textile projects because of the fear for environmental pollution, but to garment projects as well, because garment factories do not help develop local economies.