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China’s construction work has adverse impacts in East Sea: experts

 China’s illegal construction work in the East Sea has adverse impacts on peace, security, economy, trade and marine environment, experts stressed at an international seminar in Ho Chi Minh City on July 25.

The man who envisioned a new Viet Nam

 VietNamNet Bridge – The late Party General Secretary Nguyen Van Linh, who died in 1998, was a talented, creative and intelligent leader who made invaluable contributions to Vietnamese revolutionary efforts and economic reform.

Rising taste of middle class lures foreign investment

 VietNamNet Bridge – Vietnam’s great potential in its mounting middle income class has become a target for future merger and acquisition deals.

A tranquil place for tea lovers

 VietNamNet Bridge – Nestled in a small quiet alley of the busy Pham Van Nghi Street in Danang City, Bodhidharma tea shop is a peaceful place for locals and visitors to enjoy tea, melodious music and birds singing in nearby trees.

French translator brings VN literature to foreign readers

VietNamNet Bridge – In 2008, when Yves Bouille first arrived in Viet Nam, he only wanted to stay six months to attend cooking school. But the country has kept him here much longer than he thought.

MONRE to monitor resources

 VietNamNet Bridge – Viet Nam plans to start a new scheme to monitor environmental resources to prevent natural disasters, the Ministry of Natural Resources and Environment (MONRE) has said.

Mystery over the decomposed Buddhist monk body in Vietnam

 VietNamNet Bridge – Vietnamese scientists were surprised to discover that the body of Venerable Thich Minh Duc was not decomposed after 26 years of burial.

Bank guarantees bolster confidence, expert

 Mr. Marc Townsend, Managing Director of CBRE Vietnam, tells about the impact of new regulations requiring bank guarantees for property projects built in the future and also about the market's recent performance.

Developers manipulate housing fund

 VietNamNet Bridge – Many housing developers are circumventing the law to profit from the national real-estate bailout programme, said vice-chairman of HCM City Real Estate Association, Nguyen Van Duc.

Vietnamese teachers talk less during lessons under new methodology

VietNamNet Bridge - After three years of applying VNEN on a trial basis with reservations, many provinces and cities have decided that the new school model will be used on a large scale in their localities.

Professor Tran Van Khe, guardian of Vietnam’s traditional music

The passing of 94-year-old musicologist Tran Van Khe on June 24 was a great loss to people who love traditional Vietnamese music. Professor Khe has dedicated his entire life to preserving Vietnam’s culture and introducing it to the world.

HCM City monorail line No 2 gets new costly project quotation

 VietNamNet Bridge – HCM City's monorail line No 2 linking District 8 with the Thanh Da - Binh Quoi Urban Area in Binh Thanh District will cost over VND15 trillion.

BUSINESS IN BRIEF 26/7

Ca Mau calls for investment in industrial parks, Garment exports to US likely to hit 11 billion USD, Lam Dong exports oncidium orchid to Japan, Foreign importers to visit Hanoi Gift Show, Housing credit package disbursement pushed forwards

Defence Minister Phung Quang Thanh returns home

 Minister of National Defence General Phung Quang Thanh returned home early July 25, said assistant to the minister Major General Ngo Quang Lien.

Foreigners jump into convenience store market as domestic investors withdraw

VietNamNet Bridge - Vietnamese retailers have withdrawn from the convenience store market after a long period of incurring losses, leaving the market more open to foreign retailers, who have been expanding their chains.

Frenchman takes a hundred cats under his wing

 Frenchman Leopold Vincent, who lives in District 2 in Ho Chi Minh City, has adopted nearly a hundred abandoned cats. He’s well-known around town for his animal protection work, with this care of and love for animals knowing no boundaries.

Thrilling game for youth

 VietNamNet Bridge – Jumping out of a plane and flying in the air sound scary to those with weak hearts. On July 16 many people, mostly youth, have found this thrilling game attractive.

The 'barefoot tour guides' in Quang Ninh

 VietNamNet Bridge – Whenever tourists visit, the farmers in Yen Duc Commune become tour guides in their area.

Southern speciality

 Vietnam’s south has a fully-deserved reputation for its wide range of delightful cakes.

State Bank’s plan to “put a leash” on bad debts raises doubts

The State Bank of Vietnam (SBV) has repeatedly urged commercial banks to take action to reduce the non-performing loan (NPL) ratio to below 3 percent by September 30. But it has proven to be an impossible mission.