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Banks facing pressure of rapid disinvestment

VietNamNet Bridge - The State Bank of Vietnam’s (SBV) compulsory restructuring policy has put many commercial banks under pressure because they have to withdraw capital from investment projects within a short time.

Enjoy food for only $1.5 in Hanoi

 VietNamNet Bridge - Hundreds of kinds of snacks and dishes priced below VND30,000 ($1.5) are sold at night markets in Hanoi’s Old Quarter, attracting both domestic and foreign tourists.

World federation of Vietnamese martial arts makes debut

 The World Federation of Vietnamese Martial Arts (WFVMA) announced its establishment on August 8 in Hanoi, serving as an official and legal organisation and a common house for those with a love for Vietnamese martial arts around the world.

Flooding in Quang Ninh leaves 30,000 miners idle

  Some 30,000 coal workers in northern Quang Ninh Province have had to stop work after the flooding shut down dozens of mines.

Female office staff rush to Full-Moon cake classes

 Many female office staff in Hanoi have taken advantage of their noon-time break to learn how to make Full-Moon cakes at cooking classes to prepare for the mid-Autumn Festival.

Hoang Anh Gia Lai scramble draw but remain in trouble

 VietNamNet Bridge – Hoang Anh Gia Lai remain stuck to the foot of 1 after their 1-1 draw with Can Tho at Pleiku City Stadium.

Nam enters main round of Egypt Futures tournament

 VietNamNet Bridge – Viet Nam's Ly Hoang Nam had a good start at the Egypt F26 Futures when he entered the main round of the tournament on Saturday.

Vietnam to move up in M&A global rankings

 Economic recovery and active legal reforms are bringing Vietnam up in the global mergers and acquisitions market in 2015.

Malaysian bank licensed in Vietnam

 The State Bank of Vietnam (SBV) has given the CIMB Group permission to provide wholesale, commercial, and consumer banking services in Vietnam via a wholly-owned subsidiary.

Hanoi to get smart car parks

 The Hanoi Transport Department spoke with investors from Dubai, United Arab Emirates, on August 5, on the setting up of smart car parks in the city.

Renseikai education system comes to Vietnam

 Vietnam is becoming a hotspot for foreign education investors due to the rising local demand for international training services.

Mekong Delta's largest waste water facility opens

 A new waste water treatment plant, the largest of its kind in the Mekong Delta, was put into operation on Saturday in Tra Noc Industrial Park in Can Tho.

BKAV wins award for top 10 Vietnamese brands

BKAV Corporation has made it to the list Vietnam's top 10 brands for the third consecutive year.

Central bank warns of rise in card fraud

 The State Bank of Viet Nam has warned all banks about the increasing credit card-related crimes and exhorted them to improve oversight and look out for suspicious transactions.

SSC to outline details of foreign ownership

 This week, the State Securities Commission (SSC) will hold a meeting with the two local exchanges, companies and investors to provide instructions to implement decree 60, issued in June to raise foreign ownership in Vietnamese companies.

VN, China discuss Ban Gioc Waterfall tourism co-operation

 The fourth round of negotiations over an agreement to protect tourism resources near Ban Gioc Waterfall between Viet Nam and China was held in Beijing from August 2 to 6.

Police set to replace duplicate ID numbers

 More than 7,200 residents of HCM City are using ID numbers that have already been issued to someone else, the Thanh Nien (Youth) Newspapers reported.

HCM City seeks $14m to dredge river to East Sea

 HCM City has sought the Government's permission to earmark VND300 billion (US$13.8 million) a year for dredging the Soai Rap River, which connects the city with the East Sea.

South Vietnam may face power shortage

 The southern region could experience power shortages in the next three weeks due to low coal supplies at the region's key thermal power plants, Electricity of Vietnam (EVN) said.

Vietnamese poet revered as national treasure

 VietNamNet Bridge – An international conference gathering more than 100 Vietnamese and foreign scholars here on Saturday confirmed once again the glorious life and literary work of great poet Nguyen Du (18th century),