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SOEs’ non-core investment remains puzzled

The Ministry of Finance (MOF) is attempting to reduce the percentage of non-core investment that state owned enterprises (SOEs) can make from 30 percent to 15 percent. However, it has been warned that this is really a difficult task.

BUSINESS IN BRIEF 8/7

Currency rates to spike in late 2011; Suspension of operations at Dung Quat to cost $1 million a day; Hoa Lac hi-tech park expands foreign cooperation; Rural waste disposal plant comes on line; Trade villages face challenges

Data digitization market now open

The data digitization market has been taking shape in Vietnam for the last several years, but it is still far from becoming an attractive business.

HCM City moves ahead with service science training plan

Training high quality workforce in service science is the most important part of the 2010-2020 service science plan development, conducted by the HCM City Science and Technology Department.

Why the East Sea became the South China Sea?

The follow-up article by researcher Nguyen Dinh Dau explains why the East Sea, from the name Giao Chi (Jiaozhi) Sea in the 14th century, was mistakenly noted by Western people as the South China Sea.

ART & ENTERTAINMENT IN BRIEF 7/7

First ever Jrai-Vietnamese dictionary completed; Art performance to raise funds for ethnic minority students; 100 Vietnamese food specialities announced; “Impressive Vietnam” TV programme makes debut;

Giant book sets Vietnam record

Vietnam's Guinness book of records has recognized a book titled “Legend of Quang Tri Ancient Citadel” that includes the names of more than 4,000 martyrs as the country's largest book.

Instant noodle ad war escalating

A clip advertising an instant noodle product with Tien Vua brand made by Masan Company was broadcast recently, which has sparked a new war between Masan and Acecook, the two instant noodle producers.

The door still opens widely for super cars to enter Vietnam

While automobile trade companies are considering shifting to other fields, domestic automobile manufacturing joint ventures are considering the plans which allow to import more cars to satisfy the increasingly high domestic demand for super cars.

VTV Cup to kick off in Central Highlands

VietNamNet Bridge –The International Women's Volleyball Tournament, VTV-Sun Group Cup will kick off on July 8, at the Buon Ma Thuot City Gymnasium in the Central Highlands province of Dac Lac.

EVENTS ON JULY 8-15

Summer Jazz Concert with the Red River Jazz Band; Rock and Metal Music Night; Exhibition “A Physical Obedience Of A Certain Geometry”; Toyota Concert Tour Vietnam 2011; Contemporary Performance “Dialog”

Vietnamese sea police in drilling

VietNamNet Bridge – VTC News captures a drill by sea police officers of the Region 1 (Ministry of Defense), which covers the sea from Quang Ninh province in the north to Quang Tri province in the central region.

Sovereign debt challenge broader than in euro area: IMF chief

The sovereign debt challenge, now the top priority for many advanced economies to tackle, is broader than in the euro area, said Christine Lagarde, the newly- appointed managing director of the International Monetary Fund

Higher capital requirements drafted for new airlines

VietNamNet Bridge - Local aviation authorities are drafting changes to existing regulations including higher chartered capital requirements for new airlines in a move to prevent unqualified investors from joining the increasingly competitive market.

Gene preservers need to be respected and supported

VietNamNet Bridge – While farmers, who have been trying to breed wild animals, thus contributing to the gene conservation of precious species and working as “special collaborators for state agencies, they do not get any support from the State.

VN calls for $160m to support the disabled

VietNamNet Bridge – Viet Nam needs more than VND3.29 trillion (US$160 million) to support people with disabilities during the next 10 years.

Vietnam values ties with China, says Minister

VietNamNet Bridge – Vietnam always attaches importance to its solidarity, friendship and comprehensive strategic cooperation partnership with China.

SOCIETY IN BRIEF 7/7

Truck collided coach, 2 died, 7 injured; Pine forests gutted by wildfire in central province; Chief editor arrested; reason not yet announced

PVF to battle it out at U15 championship

VietNamNet Bridge – The HCM City-based Promotion Fund of Vietnamese Football Talents (PVF) team will debut at the National U15 Football Championship qualifiers at HCM City's Thanh Long Sports Centre on July 12-21.

Pyeongchang celebrates winning Winter Olympic bid

The citizens of Pyeongchang beamed with joy on early Thursday as their city was chosen to host the 2018 Winter Olympic Games at last after two failed attempts.