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Policy shifts spook investors

Testimony by top financial policymakers before the National Assembly Standing Committee last Thursday that the Government intended to take tightening measures aimed at curbing inflation sent shares plunging on both stock exchanges.

HCM City probes forex practices among banks

The HCM City People's Committee has set up a team to investigate if banks have been selling US dollars at above the official selling rate by charging "fees."

Three killed, 76 injured in clashes in Yemen protests

Three anti-government protesters were killed and about 76 were wounded on Friday in fierce clashes between pro-and anti-government demonstrators that rattled Yemen's major cities of Taiz, Aden and Sanaa.

Late-night game parlours to be banned after 10pm

VietNamNet Bridge – The Ministry of Information and Communication has asked internet service providers to block access to on-line games each day from 10pm to 8am by March 3.

Wife confesses to burning journalist to death

Tran Thuy Lieu has confessed to police she herself killed her husband who was a vocal journalist, ending month-long speculations that he was killed for his high-profile reports on underworld thugs and corruption.

High dollar price “feeding up” commercial banks

Businesses complain that the “dual foreign currency price mechanism” is still persisting, even though the central bank has raised the official exchange rate to narrow the gap between the official exchange rate and the black market’s exchange rate.

Nghe An take V-League lead

VietNamNet Bridge – Song Lam Nghe An took the lead of the V-League Eximbank Cup after beating Hoa Phat Ha Noi 2-1 on Saturday.

Legendary turtle surfaces often, good or bad?

The old turtle in Hanoi’s Hoan Kiem Lake rose to the surface very often in the last three days. The turtle stayed on the surface for hour each time and he didn’t move, causing worries about his health.

Chases and battles at ball scrambling festival

VietNamNet Bridge – Thinking that if one gets qua phet (bamboo-made balls) at the village festival, he will have good luck in the new year, hundreds of young people chased and even battled to get the balls.

SOCIETY IN BRIEF 21/2

Drug addicts escapes center, some captured; City looks to collect more blood; Disabled people get help to find work; Cars barred from Rach Chiec flyover during rebuilding work; Plan to bury overhead cables

Ha Long tourist boat did not sink due to cracked bilge

VietNamNet Bridge – Quang Ninh Province’s police on February 20 arrested the captain and chief mechanic of the sunken tourist boat that killed 12 tourists on February 17.

Policymakers urge action on inflation and trade deficit

VietNamNet Bridge - Tighter fiscal, financial and monetary policies are needed to control inflation, narrow the trade deficit and stabilise the economy, top officials told the National Assembly Standing Committee yesterday.

Vietnam to lose many gold medals at SEA Games 2011

VietNamNet Bridge – The host of the Southeast Asian Games 2011 – Indonesia – has not only removed women’s football but also some other sports in which Vietnam is capable of winning gold medals and replaced them with obscure sports.

More evidences prove Paracel archipelago belongs to Vietnam

VietNamNet Bridge - Local government in the central province of Thua Thien Hue has found a document on meteorological service on Paracel islands in 1955 and given it to the Ministry of Foreign Affairs.  

Firms put priority on IT investments

VietNamNet Bridge - Vietnamese enterprises are beginning to see IT investment as a strategic solution to develop sustainably, says Thieu Phuong Nam, deputy general director of IBM Viet Nam.

Need a housemaid? Just wait

Though it asks high salaries for its maids, non-refundable deposits plus additional training fees, a housemaid service agency in Thuong Hamlet, Me Tri Commune, Tu Liem District, Hanoi still has more clients than it can handle.

Vietnam tries to drive foreign investment into big projects

VietNamNet Bridge – Vietnam is now targeting big groups when calling for foreign direct investment (FDI) and directing investors’ attention to its key projects.

Women's team targets Olympics

The women's football team would put aside its disappointment at not being able to defend its title at the Southeast Asian Games in Indonesia and focus on the FIFA Women's Olympic Football Tournament 2012 qualifying campaign next month.

Electricity price to increase more than 15 per cent

VietNamNet Bridge - An increase of 15.28 per cent in the average electricity price from next month has been approved by the Prime Minister.

BUSINESS IN BRIEF 21/2

Japan firms found oil, gas off southern Vietnam; Companies plan higher dividends; Fund divests shares of packaging firm; State reviews extending carrier licences; Banks demand ‘fees’ to sell dollars