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Banks’ demand deposit interest rate race kicks off

VietNamNet Bridge – Banks have raised the demand deposit interest rates dramatically from 2-3 percent to 10-12 percent per annum. Meanwhile, experts have warned that this “brings more harm than good”.

Japan continues efforts to overcome worst crisis since World War II

VietNamNet Bridge - Prime Minister Naoto Kan said on Friday that he would do everything in his power to ensure that Japan overcomes its worst crisis since World War II.

Central bank hikes key interest rates

The State Bank of Viet Nam yesterday raised two key interest rates to 13 per cent per year in an attempt to fight the rise in the consumer price index recently fuelled by the petrol and oil price hike.

Rule changes make it harder for students to borrow

VietNamNet Bridge - With changes made to eligibility requirements for student loans, thousands are unable to get them from the Vietnam Bank for Social Policies to pay their first-semester tuition fees.

Festivities set to boost Ha Long image

VietNamNet Bridge - The Week of Ha Long Tourism 2011 will be the biggest ever, with a series of festivities in support of the superb bay’s bid for the New7Wonders title this year.

Bright students start school early

VietNamNet Bridge - Students with good physical fitness and high intelligence levels can attend school before the standard age, according to a new regulation of the Ministry of Education and Training.

Artists express their internal worlds

VietNamNet Bridge - A show by four artists at HCM City Fine Arts Museum called Ngay Khac (Different Day) features 85 pieces that contrast the different feelings that friends feel.

Actress Penelope Cruz enshrined on Hollywood Walk of Fame

Penelope Cruz was honored with a dedication of a star on the renowned Hollywood Walk of Fame here Friday, becoming the first Spanish actress to be enshrined on the famous spot.

El Salvador FM welcomed in Vietnam

VietNamNet Bridge - Deputy Prime Minister and Foreign Minister Pham Gia Khiem held talks with his El Salvador counterpart Hugo Martinez Bonilla who is on an official visit to Vietnam from March 30 to April 1. 

Death toll rises to 21 in flood in southern Thailand

A total of 21 people were confirmed killed by the flash floods and mudslides in southern provinces of Thailand, authority said on Friday.

Nghe An quarry collapse claims 18 lives

On April 1 evening, two more deaths were found in a quarry collapse at the foot of Len Co Mount in Nam Thanh commune, Yen Thanh district, Nghe An province, taking the death toll to 18, including 11 women.

Vietnam to face Arab Saudi in Olympic 2012 qualifier round

VietNamNet Bridge – The draw ceremony for the second qualifier round of men’s football at Olympic London 2012, Asian region took place at the headquarters of the Asian Football Confederation in Kuala Lumpur, Malaysia on March 30.

BUSINESS IN BRIEF 2/4

Hanoi highest tower won’t use State budget; VN needs Dutch port, coastal experience;  Vietnamese insurer announces new name;  Cbank tightens dollar lending rules, more expected; Thai company to invest in HCMC’s monorail project

Pre-first grade class – the education level which only exists in Vietnam

VietNamNet Bridge – Though primary schools will only begin enrolling first grade students in September, parents have to prepare for the race for prestigious schools right now by sending their children to pre-first grade classes.

Textiles and dyeing companies thirsty for FDI capital

Experts have pointed out that Vietnam has missed several opportunities to boost garment exports through bilateral and multilateral trade agreements because it cannot effectively call for the investment in the textiles and dyeing.

SOCIETY IN BRIEF 2/4

Curbing prostitution ‘a huge challenge'; Conference aims to help people with disabilities; Agent Orange activists to review future plans; Administrative survey targets public interest

Stories about the seal of Vietnam’s last king

After Queen Nam Phuong passed away in 1963, the national seal was kept by prince Bao Long. In 1982, Bao Dai received the seal from his son, after marrying a French woman named Monique Baudot. Since then, the seal has never been mentioned.

VietNamNet has new chief editor

Mr. Bui Sy Hoa, Vice Chief of the Radio and Television Broadcasting Management and Electronic Information Department, has been appointed as the Chief Editor of VietNamNet Newspaper.

Nghe An: Quarry collapses, 30 workers buried

VietNamNet Bridge – The Len Co quarry in the central province of Nghe An’s Yen Thanh District collapsed at 8 am, April 1, killing at least seven workers while 30 others are still buried.

Irish finance minister outlines bank restructuring plan

Irish Finance Minister Michael Noonan on Thursday evening outlined a bank restructuring plan, saying that the government will reduce the number of domestic banks to two "pillar banks."