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Vietinbank, PG Bank to merge in Q3

The Vietnam Bank for Industry and Trade (Vietinbank) will merge with Petrolimex Group Commercial Joint Stock Bank (PG Bank) in the third quarter of this year, said Nguyen Van Thang, Chairman of Vietinbank's Board of Directors.

Domestic credit growth climbs to three-year high

 Vietnam's credit growth rate reached 2.78 percent in the first four months this year – the highest in three years, according to the National Finance Supervision Council (NFSC).

Europe Days in Vietnam 2015

Set to provide a bridge for cross-cultural exchange, the “Europe Days 2015” program will come back to open a window into the richness of the European Union’s different cultural traditions with a series of entertaining and intellectual activities.

‘Golden’ rains refresh crops in Central Highlands

 Rains on the early morning of May 6 saved thousands of hectares of crops suffering from prolonged drought in the Central Highlands provinces of Dak Lak and Gia Lai.

Over 35,700 Vietnamese labourers sent abroad this year

Over 35,700 Vietnamese labourers have gone overseas for work in the first four months of this year, representing 37.58 percent of the yearly target, according to the Overseas Labour Management Department.

Government News 7/5

 NA Standing Committee prepares for plenary sitting, Party Central Committee talks local governance model, Dak Nong, Cambodia’s Mondulkiri province forge stronger defence ties, Thai princess visits central Quang Nam province

Pine forest dying of chemical contamination

VietNamNet Bridge - The pine forest in Subregion No 144A of the Da Nhim Protective Forest in Lam Dong has been contaminated with chemicals.


US congressman welcomed in Hanoi

 Head of the Party Central Committee’s Commission for External Relations Hoang Binh Quan had a meeting in Hanoi on May 6 with a delegation from the House of Representatives at the US Congress.

Vietnam attends ASEAN-EU maritime security dialogue

 A Vietnamese delegation led by Ambassador to Malaysia Pham Cao Phong attended the second ASEAN-EU high-level dialogue on maritime security cooperation, which took place in Kuala Lumpur on May 4-6.

Vietnam aims to cut greenhouse gases from rice cultivation

 VietNamNet Bridge – Vietnam is looking to building a low-carbon rice industry through 2020, as heard during an agricultural forum in Vi Thanh City in the Mekong Delta province of Hau Giang on May 5.

Local authorities, ministries “invent” statistics to promote their achievements

VietNamNet Bridge - The independence and objectivity of statistical data released by ministries and local authorities is dubious, Minister of Planning and Investment Bui Quang Vinh has said. 

Russian Glonass welcomed in Vietnam

VietNamNet Bridge - Roscosmos, the Russian Federation Space Agency, is negotiating with Vietnam on the deployment of the Glonass signal adjustment stations, a move that scientists believe is good news for Vietnam.

French-Portuguese circus to perform in Vietnam

 French-Portuguese circus to perform in Vietnam, MasterChef New Zealand winner shows off cooking skills in Hanoi, Havana exhibition features Vietnamese peacetime development, Film week on President Ho Chi Minh held for teenagers

Legendary beauty of Lak Lake

 VietNamNet Bridge – Lak Lake, located in Lien Son, Lak District, about 52 km south of Buon Ma Thuot City, Dak Lak Province, is one of Vietnam’s most beautiful and largest fresh water lakes.

Cycling expedition promotes handwritten letters

 VietNamNet Bridge – Two 25-year-old men are cycling across the country to deliver 100 handwritten letters to raise people's awareness of the need to express feelings through handwritten letters.

Movies to be released in Vietnam in May

VietNamNet Bridge - “Mad Max: Fury Road”, “Tomorrowland,” “San Andreas,” "Spy", "Hot Pursuit" and "Pitch Perfect 2" are among the films that will be screened in Vietnam this month.

Officials to gamble on ban decision

 VietNamNet Bridge – As the government mulls over plans to lift the ban on Vietnamese citizens gambling in local casinos, Andrew W Scott, chief executive officer of World Gaming Group Ltd. and founder of the World Gaming Magazine,

Gov’t approves key infrastructure projects

VietNamNet Bridge – The Government has given the nod to a number of major infrastructure projects nationwide, including those in the Thu Thiem New Urban Area in HCMC and a road linking Noi Bai-Lao Cai Expressway and Sa Pa Town

Incentives for inland waterway transport investors

 VietNamNet Bridge – The Ministry of Transport has unveiled a slew of incentives for private enterprises committed to inland waterway transport projects, including a 50% loan interest subsidy and a 30% land rent reduction.

Foreign countries turn to Vietnam to ease labour shortages

 In the four months leading up to May, foreign countries have been increasing the number of Vietnamese guest workers opening the door to broader job opportunities, according to the Overseas Labour Management Department.