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Mekong Development Bank to be merged into Maritime Bank

 The Mekong Development Bank (MDB) is set to merge with the Vietnam Maritime Commercial Bank (Maritime Bank) to form an institution among the country's five largest banks in terms of charter capital.

ILO report: Most Vietnamese wage earners are young

 Young and dynamic women and men make up the biggest group among Vietnam’s wage workers, who are willing to migrate within the country to find work, according to a latest brief report issued by the International Labour Organisation (ILO).

French experts help Lao Cai design tourism plans

 A group of French experts are working on a plan to help the northern mountainous province of Lao Cai develop sustainable tourism in Bac Ha town, the second most popular destination in the locality.

Government News 23/7

Deputy Defence Minister receives French guest, Vietnamese leader’s presents given to Lao provinces, Promoting border livelihoods is pivotal mission, Vietnam eyes more effective ASEAN cooperation

Vietnam-Russia friendship space-flight celebrated

 The Vietnam-Russia Friendship Association and the Military Technical Academy held a ceremony in Hanoi on July 22 to celebrate the 35th anniversary of the Vietnam-Russia friendship space-flight mission (July 23).

Vietnam to work with Philippines for APEC 2015 success

 Deputy Foreign Minister Bui Thanh Son has assured Philippine Ambassador to Vietnam Jerril G. Santos that Vietnam will continue working closely with the Philippines to ensure a successful APEC Year 2015.

PM leaves Hanoi for Thailand visit

 Prime Minister Nguyen Tan Dung left Hanoi for Thailand on July 23 for an official visit and to attend the third Vietnam-Thailand Joint Cabinet meeting at the invitation of his Thai counterpart Prayut Chan-o-cha.

Attractive destinations in Can Tho

 VietNamNet Bridge – Can Tho City in the Mekong Delta has many attractive tourist destinations for those who love spending time in the countryside and the riverine region.

Much promise from Vietnam-South Korea FTA

 The number of tariff lines South Korea will cut for Vietnamese imports under the Vietnam-Korea FTA (VKFTA) is 95.4 per cent of the total, 5 per cent higher than other countries such as China, Indonesia, Malaysia and Thailand.

Parkinson's: Diabetes drug may offer clue to treatment

 A type of diabetes drug may offer a glimmer of hope in the fight against Parkinson's disease, research in the journal Plos Medicine suggests.

Will Vietnamese banks pass the stress test?

The Vietnam Institute for Economic and Policy Research (VEPR) has announced unsatisfactory results on a stress test it conducted on 13 Vietnamese banks which hold 68.5 percent of the total assets of the banking system.

Huge FDI projects withdraw from Vietnam and the consequences

 VietNamNet Bridge - Numerous licenses of big foreign-invested (FDI) projects have been revoked, revealing the poor ability of local governments in assessing FDI projects.

Cooking oil catching the eye

 As the market scale of the cooking oil industry has reached $1.37 billion annually the industry is now attracting a lot of corporations from different fields such as confectionery, real estate, and supermarkets.

MOET stirs up controversy by amending primary-school regulation

Giving more ‘power’ to primary school students and changing the ways of criticizing and complimenting students are all measures the MOET has tried to implement to revolutionize education in the country. 

What is the future for made-in-Vietnam chips?

The Vietnam National University Integrated Circuit Design Research and Education Center (ICDREC) has made an 8/16/32 byte microprocessor, but it is still too early to say whether it will have commercial potential.

Beautiful belly dance in reed fields

 VietNamNet Bridge – Vietnamese belly dancer Do Hong Hanh and two famous colleagues from Ukraine and the US posed during a photo shoot at a reed field in the Hanoi suburbs.

$36 million-fraud case brought to the court

 The People Court in southern Soc Trang Province has begun hearing a case of fraud in the Phuong Nam Food Processing Company.

No welcome back party for overseas workers

 VietNamNet Bridge – As his plane landed at the Noi Bai International Airport in Ha Noi, Dong struggled with mixed feelings.

BUSINESS IN BRIEF 23/7

 FDI exporters outperform local firms, Ministry can decide investor selection format for major bridge, Tax debtors may be banned from overseas travels, Homebuyers concerned about developers' tax liabilities

Quang Ninh to reduce number of tourist ships

 The number of tourist ships operating in Ha Long Bay would be reduced, chairman of the Quang Ninh People's Committee, Nguyen Duc Long, said at meeting on Tuesday.