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Vietnam ranks fourth in new ’well-being’ study

 Vietnam has ranked fourth out of 149 countries assessed for how well they convert national wealth into well-being for the population, according to a recent analysis from The Boston Consulting Group’s Sustainable Economic Development Assessment.

Public debt exceeds 62 percent of GDP, Vietnam walks tightrope

VietNamNet Bridge - The revenue of the state budget is not big enough to cover expenses, but Vietnam cannot continue borrowing big money.

Central Highlands’ legendary storyteller to perform in Hanoi

 Artist Y Wang living in the Central Highlands province of Dak Lak, often called “the storyteller of legendary nights”, will bring a night like this to Hanoi on March 25.

Volvo centres to open in Ho Chi Minh City

 Volvo Cars of Sweden will open two Volvo 4S centres in Ho Chi Minh City in the third quarter of this year, the group announced on March 22.

Japanese professor honoured by Da Nang University

 President of the University of Da Nang (UDN) Tran Van Nam on March 22 presented the title of Honourary Doctor to Professor Hitoshi Yamada from Japan’s Yokohama National University on March 22.

Over 14 percent of State budget revenue earmarked for debt payment

 About 14.7 percent of the State budget revenue, or 150 trillion VND (6.7 billion USD), will be spent on paying debt in 2016, the Ministry of Finance (MoF) revealed on March 22.

Belgians hunt Islamic State suspect after blasts kill 30

 Belgian police are hunting an Islamic State suspect seen with two supposed suicide bombers shortly before they struck Brussels Airport in the first of two attacks that also hit the city's metro,

Five-year performance of court, procuracy, audit sectors reviewed

The performance of the court, procuracy and audit sectors during the 2011-2016 tenure was reviewed during the ongoing 11th meeting of the 13th National Assembly on March 22.  

Vietnam, Laos foster links in expatriate-related work

 Lao Deputy PM and Foreign Minister Thongloun Sisoulith affirmed that support provided by the State Commission for Overseas Vietnamese Affairs for the Liaison Committee for Overseas Laotians has helped deepen the Vietnam-Laos relationship.

Petrol distributors to contribute to environmental risk prevention fund

VietNamNet Bridge - The Ministry of Finance (MOF) plans to ask petroleum traders to pay 0.5 percent of their annual sales to the environmental risk prevention fund.

NA draft working reports demonstrate candid, responsible spirit: voters

 Most voters have lauded the candid and responsible spirit reflected in the working reports presented by the National Assembly Chairman.

Vietnam strongly condemns bomb terror attacks in Belgium

  Vietnam vehemently condemns a series of bloody bomb terror attacks in Belgium on March 22, Spokesperson for the Foreign Ministry Le Hai Binh said.

Outdated textbooks lack latest knowledge about technology

VietNamNet Bridge - The unreasonable curriculum and outdated textbooks have left students unknowledgeable about technology. 

Motorcycle to stable develop in 2016: manufacturers

 The motorcycle market will continue to grow this year albeit at a marginal rate, according to manufacturers.

Discovering Phong Nha

 Landing at Dong Hoi airport after an hours flight from Hanoi, my group and I were taken to Phong Nha Ke Bang National Park by bus, arranged by Annam Travel.

Social News 23/3

Fire destroys forest in Nghệ An, Hanoi: Over $12,500 raised for Truong Sa fund, Labour inspection campaign in construction sector launched, Three men arrested for trafficking girls, HCMC to build water reservoirs in suburban districts

Carbon emissions highest in 66 million years, since dinosaur age

 The rate of carbon emissions is higher than at any time in fossil records stretching back 66 million years to the age of the dinosaurs, according to a study on Monday that sounds an alarm about risks to nature

Vietnam Airlines proposal for new air carrier raises doubts

The Ministry of Transport (MOT) has been asked to thoroughly consider the Vietnam Airlines Corporation’s (VNA) proposal on setting up a new carrier, a proposal criticised by some as not transparent enough.

VN banks ploughing money into aviation sector

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will pick up a 49 per cent stake in VASCO after committing to inject VND147 billion (US$6.53 million) into the restructured carrier.

‘Indyllic house’ of traditional arts

 Located beside West Lake, ThonArt (Village Art) centre was founded on March 12 by a group of traditional arts lovers with their enthusiasm, aspirations and passions and it is expected to be the home of many kinds of traditional arts.