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Kieu hoi serve as great resources for Vietnam to develop economy

The volume of kieu hoi (overseas remittance) to Vietnam has been increasing in recent years and it is expected to further increase in the upcoming years.

A unique market finds home in Hanoi

Hanoi is host to a most unusual market in Vietnam: open only once a week, on Saturday, and then for only a few hours, 9:00 to 12:30.  It's known as much for its discriminating buyers and sellers as it is for its fresh products.

New bridge to scarce credit lines

Industry insiders are considering ways to improve firms’ access to credit.

Vietnam's dot-com boom

Lan Phuong is an e-merchant’s dream. She likes to go shopping but has little time to fight the Vietnamese capital’s crowds and traffic, so the mother of two frequents NhomMua and Muachung, two of Vietnam’s many Groupon clones.

Greek debt talks make progress, to resume Saturday

Negotiations between the Greek government and private creditors over a massive Greek debt write-down will continue on Saturday, after both sides reached key understandings late on Friday,

Spending millions of dollars to build salanganes’ nests

In the world, the market of the products relating to salanganes has the turnover of 6-7 billion dollars per annum and the growth rate of 7.2 percent per annum.

Martial arts maketh the man

Ngo Xuan Binh has devoted his life to bringing the Vietnamese martial art Nhat Nam to the world.

Distress cry for help from Sapa ancient rock field

VietNamNet Bridge – The Sapa ancient rock field in Muong Hoa Valley, Lao Cai province is a mysterious and invaluable relic, which is proposed for UNESCO’s recognition as a world cultural heritage site. But this relic is being ruined.

Foreign securities firms welcome

Entirely foreign-invested securities and fund management companies will be authorised to operate in Viet Nam effective January 12, creating challenges for Vietnamese firms but also opportunities for market to develop.

Motivated by money

Poor wages dampen enthusiasm among State employees and affect the delivery of public services.

Tourists willing to pay more for food, attractions

Foreign tourists to Vietnam are willing to pay more for local food, resorts, and interesting places that offer new cultural experiences, a recent survey by the Vietnam National Administration of Tourism (VNAT) has found.

VN-made luxury handbags enter US market

Binh Duong Province-based TBS Group has marked a turning point for the Vietnamese fashion handbag industry with the export of the first domestically-made luxury lifestyle handbag shipment to the US.

VN moves towards cashless society

Cash payments will make up less than 11 per cent of all transactions in Viet Nam by the end of 2015, down from the current 14 per cent, according to a Government plan approved by Prime Minister Nguyen Tan Dung earlier this week.

Fitch downgrades 5 euro zone nations

Fitch Ratings cut the credit ratings of Italy, Spain and three other euro zone nations on Friday, saying they lack financing flexibility in the face of the region's debt crisis.

Spring desire

2012 is the year of the dragon and all Vietnamese have high hopes for the best.

Vietnam: a magnet for Eastern European airliners

A new wave of Eastern European airliners offering services connecting Vietnam to their countries has emerged, said Do Xuan Quang, CEO of airline dealer Vector Aviation.

Banking and finance pay highest salaries in 2011

The Ministry of Labour, Invalid and Social Affairs (MoLISA) has announced that labourers’ average salary reached VND3.84 million (USD182.54) per month in 2011.

The ‘Ghost Cave' a combination of history and beauty

Hang Ma, or Ghost Cave, is located in the highlands, Coc Village, Nam Xuan Commune, Quan Hoa District. It is sandwiched between the two imposing mountains of Pha Phung and Pha Hang.

Antarctic ship blaze survivors return home

Sixteen of the 18 Vietnamese survivors from the South Korean fishing vessel Jeong Woo 2 that caught fire in Antarctic waters on January 11 returned to Vietnam this noon.

Living in a land where time stands still

Lung Tao Commune in the rocky northern plateau of Dong Van is home to 3,400 ethnic Mong people. Despite rapid changes going on in the world around them, they are holding on to their age-old traditions and customs.