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Vinafood 2 flooded by debts

 Vietnam Southern Food Corporation Limited (Vinafood 2), one of Vietnam’s two biggest food corporations, is facing the massive total debt of VND1 trillion ($46.6 million) due to the ineffective operation of subsidiaries.

New faces to brighten real estate market

 Foreign developers have returned to the Vietnamese real estate market with a series of significant investments.

Vietnamese Canadian guitarist to stage in Hanoi

 VietNamNet Bridge – Vietnamese Canadian guitarist Eric Quach will enthral Hanoi music lovers at 8pm on March 26 at 73A Mai Hac De Street, Hanoi.

Social News 25/3

 Ha Noi wants vendors, temporary markets gone, Lam Dong strives to be main supplier of farm produce for Japan, UK introduces health surcharge, Sugarcane farmers bitter as yields, prices crash

BUSINESS IN BRIEF 25/3

Tax problems resolved at HCM City dialogue, Banks slash deposit rates early March, Credit outgrows deposits, Not a good time, say banks as central bank urges listing, VP Bank buys Cai Lan Port stake

Vietnam works to protect religious freedom

 Heiner Beilefeldt, UN Special Rapporteur on freedom of religion and belief, presented to the 28th session of the UN Human Rights Council the main findings of his visit to Vietnam from July 21 to 31, 2014.

Mui Ne among 12 best beaches in Asia-Pacific

 SkyScanner, the world’s travel search engine, has listed Mui Ne among 12 best beaches in the Asia-Pacific region.

Number of banks’ non-performing loans falls

VietNamNet Bridge - At least 3.25 percent of the total outstanding loans at banks non-performing loans (NPL) at Vietnamese banks as of December 31, as reported by the State Bank of Vietnam (SBV).

Swiss artist duo with ‘Pong-Ping’ exhibition

 VietNamNet Bridge – An exhibition entitled ‘Pong-Ping’ of two Swiss artist duo Plonk &Replonk will be displayed at French Cultural Centre L’Espace, 24 Trang Tien Street, Hanoi from March 24-April 12

Bamboo tree receives int’l awards

 VietNamNet Bridge – ‘Blooming Bamboo home’ designed by Vietnam's H&P Architects has surpassed 1,500 outstanding projects to be named on a shortlist for the WAN Small Spaces Award in the world’s largest architectural awards.

Francophone Film Festival opens in big cities

 8th annual Francophone Film Festival opens in big cities, New TV series explores challenges in globalised world, Int'l delegates participate in friendship spring tour, Youth Union to celebrate National Reunification Day

Paris Airports wants to purchase 30 percent stake of Vietnam Airports

 The French airport authority Aéroports de Paris (ADP) on March 23 expressed a desire to become a strategic shareholder and buy 25-30 percent stake of Airports Corporation of Vietnam (AVC).

Vietjet receives Airbus’ 9000th aircraft

 VietNamNet Bridge – The low-cost airline VietJet on Sunday, March 22, welcomed the 9000th aircraft made by Airbus at Tan Son Nhat International Airport in HCM City.

Vinpearl authorised to buy stake in Nha Trang Port

 The prime minister has allowed the state-run Vietnam National Shipping Lines (Vinalines) to sell a 34.7 per cent stake in the Nha Trang Port Joint Stock Company (Nha Trang Port JSC), constituting 8.5 million shares, to Vinpearl JSC owned by Vingroup.

Microsoft announces $3 million YouthSpark program in Vietnam

 Microsoft today announced that it will invest $3 million in Vietnam over the next three years as part of the company’s global YouthSpark commitment to empower young people with opportunities for education, employment, and entrepreneurship.

Fire destroys 3ha of Ham Rong Mountain forest

 A huge forest fire broke out yesterday in Ham Rong Mountain of Pleiku City, in the Central Highlands province of Gia Lai, threatening the operation of two transceiver stations.

Maritime Bank and MDB set to merge

  State Bank of Viet Nam (SBV) Governor Nguyen Van Binh last week approved in principle the merger of the Maritime Bank and the Mekong Development Bank (MDB).

Photos: Hanoi streets without trees, after city cancels plans to plant new trees

Several weeks ago, city authorities decided to chop down many trees, saying that they were decayed or deformed, and replace them with young saplings. However, a public outcry ensued and the felling of trees has stopped.

Ebola outbreak 'over by August', UN suggests

 The Ebola outbreak in West Africa will be over by August, the head of the UN Ebola mission has told the BBC.

VAMI concerned about increase in Chinese truck imports

The Vietnam Association of Mechanical Industry (VAMI) has said that the sudden increase in Chinese truck imports could kill domestic production.