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Key economic zone approved

The Government has approved a project to build the Nam Thanh -Bac Nghe Economic Zone by 2025 with a post-2025 vision.

Vovinam Championship closes in Algeria

VietNamNet Bridge - The ninth National Vovinam Championships in Algeria closed on January 28 in the Algiers capital in the presence of Vietnamese Ambassador Do Trong Cuong and Algerian sport officials.

SOCIETY IN BRIEF 30/1

Two drugs recalled by health authorities; Abusive massage-parlor owner gets 12 years; Teen sex ring charging $200/time smashed; Giant moth caught in Binh Duong; Fishermen rescued from boat sink off central coast

Vietnam prioritises IT development

VietNamNet Bridge - Deputy Prime Minister Nguyen Thien Nhan has stressed Vietnam ’s priority to information technology (IT) with incentives on investment in infrastructure and human resource development.

Garment and footwear companies fear labor shortage after Tet

The fear that workers may not return to work after Tet has caused worries to the enterprises in labor-intensive sectors, especially garment and footwear companies.

Cat paintings displayed to welcome Year of the Cat

VietNamNet Bridge – An exhibition of cat paintings opened in the ancient capital city of Hue on January 27 to celebrate the Year of the Cat (2011). The exhibition introduces 50 paintings of cats by 20 artists.

SME positivity ranks second globally

Viet Nam's small business confidence index remains positive at 156, the second highest in the world, over the global average of 125, according to a bi-annual small business confidence monitor recently released by the HSBC.

Vietnam meets with Russia, UK, Switzerland

VietNamNet Bridge - Deputy Prime Minister Nguyen Thien Nhan had separate meetings with a Russian Deputy PM, the Duke of York and the Swiss Minister of Economics on the sidelines of the World Economic Forum meeting in Davos.

To buy a house, state employees have to fast for 24 years

VietNamNet Bridge – The rate of housing price in proportion to income of the Vietnamese is between 24.5 to 26.6, very high compared with other countries in the world. Most state employees can’t afford to buy a house just relying on theirsalary.

The Vietnamese lecturer at Oxford University

“I have a dream called ‘Oxford’” – Nguyen Hoang Long, the author of the saying, has seen his dream come true: he has gained the doctorate from Oxford University and became the first Vietnamese lecturer at the prestigious university.

More flights for Tet

VietNamNet Bridge - Some 90 more flights using ATR 72 aircraft will be available from January 27 – Feb 1 and February 4 -14.

Food safety a major concern during Tet

VietNamNet Bridge - As Tet (lunar New Year) approaches, health authorities in Ho Chi Minh City worry about companies violating food safety and hygiene regulations.

Embattled shipbuilder bounces back

VietNamNet Bridge - Near-bankrupt shipbuilder Vinashin has gradually bounced back after four months of restructuring, a report released yesterday said.

Public transport system to be overloaded at Tet

VietNamNet Bridge – Transport authorities in many provinces and cities nationwide have said they are preparing to meet a higher travel demand than the last Tet (Lunar New Year) holiday.

Garment makers target $13b in exports

VietNamNet Bridge - The textile and garment sector has targeted a monthly export turnover of US$1 billion per month in the last five months of this year in order to realise its annual objective of around $13 billion.

Tourism slogans and logos honored

VietNamNet Bridge – On January 26 the Vietnam National Administration of Tourism (VNAT) announced the winning logos and slogans for the Vietnam tourism promotion program in 2011-2015.

Social networks will boom in Vietnam in 2011?

The bright success of the social network Facebook has forced Vietnam’s social networks to rethink their strategies. Experts believe that 2011 will be a year with splendid breakthroughs by Vietnam’s social networks.

BUSINESS IN BRIEF 29/1

World Bank purchases An Binh Bank bonds; Short supply to benefit rubber industry; Bank, card firms join in merchant network; Telephone smoothens Tet shopping; International agency to buy Vietnamese gamma scanners

FPT to buy 49% stake in EVN

Software giant FPT and its subsidiary FPT Telecom have received approval from the Government to buy a 49-per-cent stake in State-owned EVN Telecom, an affiliate of Electricity of Viet Nam.

How to deal with pending projects?

VietNamNet Bridge – Experts are blowing the whistle over the high number of projects that have been “pending” for indefinite time.