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It’s time to for the state to let VND0 banks go: economists

VietNamNet Bridge - The State Bank of Vietnam (SBV) has been urged to quit zero-dong banks and let  commercial banks undergo restructuring themselves.

Industry development level low

Nguyen Chi Sang, director general of the National Research Institute of Mechanical Engineering, speaks to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about the need for workable policies

Vietnam lacks green works despite legal framework

VietNamNet Bridge - Despite many regulations favoring energy-saving construction, Vietnam still has few green buildings. 

Work to do

 Low labor costs won’t serve Vietnam’s development indefinitely.

Severe hailstorm devastates Thanh Hoa’s mountainous districts

 VietNamNet Bridge – An unexpected hailstorm accompanied by a whirlwind occurred over the weekend in the central province of Thanh Hoa, causing devastating damage in its wake, 

Five frozen tigers found in Nghe An

 The local police of central Nghe An Province have seized five frozen tigers after conducting a raid on a resident’s house in Dien Chau District on Monday.

Slow going

Problems with infrastructure continue to weigh down Vietnam’s trade performance and efforts at attracting FDI.

2017 Miss Grand Int’l pageant: National costume round to be held in Thien Duong Cave

 The Miss Grand International 2017 pageant is slated to be held in the three Vietnamese provinces of Quang Binh, Thua Thien-Hue and Kien Giang from October 5-26.

Construction material industry sees expanding Thai acquisition

 A slew of construction material firms especially cement producers in Vietnam have become Thai ownership through mergers and acquisitions (M&A), which is forecast to keep going on in the upcoming time.

Vietnamese banks’ growth unsustainable

 Profits in 2016 showed that banks had good performance, but the growth in expenditures is higher than that of profit, which raised questions about the effectiveness of banks’ operations.

India lifts suspension of Vietnamese agricultural goods import

  India will lift its suspension of the import of some Vietnamese agricultural products, which was enforced on March 7.

Strategic investors may offload stake in SOEs sooner

 Strategic investors may be able to sell their shares in a State-owned enterprise (SOE) three years after the firm is equitised, according to the finance ministry.

A visit to the National Library of Vietnam

 VietNamNet Bridge - Located at 31 Trang Thi Street, Hanoi, the National Library is the biggest library in Vietnam. 

Vietnamese pop idols to attend Seoul Fashion Week

 Vietnamese pop idols Son Tung M-TP and Toc Tien have been invited to participate in Seoul Fashion Week which begins on March 27.

Transport Minister praises kindness of sanitation worker

Minister of Transport Truong Quang Nghia has sent a letter praising the kindness of Nguyen Thi Anh Tuyet, a sanitation worker of the Viet Nam Airport Ground Service Co Ltd.

Foreign firms pay more heed to environment protection

 Foreign investors in Vietnam show an increased level of knowledge and responsibility in respect of environment protection, according to a high-profile survey.

Vietnamese, Israeli Presidents hold talks

 President Tran Dai Quang and his Israeli counterpart Reuven Ruvi Rivlin expressed their determination to step up wide-ranging ties, especially in the fields of economy and science-technology, during their talks in Hanoi on March 20.

Vietnam needs to promote ICT to grab opportunities for development: Minister

VietNamNet Bridge - Minister of Information & Communication Truong Minh Tuan talked about the encouraging achievements in 2016 and the development plan for 2017.

Hanoi event to boost Quang Binh tourism

A programme called Quang Binh in the land of Ha Noi will be launched in downtown Hà Nội on March 25 to present the central province’s culture and tourism potentials to Hanoians and foreign visitors.

Phu Yen: Serious damage after flood caused by drunks

Authorities in Son Hoa District of the central province of Phu Yen said that police had identified three drunken local men who were responsible for causing a flood that inundated a large swathe of fields and swept away tons of harvested sugarcane.