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US-Vietnam sign MoU for development of competitive power market

VietNamNet Bridge - Vietnam and the US today signed a Memorandum of Understanding (MoU) for technical support from ENR for the development of Vietnam's competitive power market.

Sir Elton John urges US Congress to strengthen support for Aids fight

 Sir Elton John has told a US Senate panel that Aids could be eradicated in his lifetime, but only if the US government continues funding the fight against the virus.

Transfer pricing: the other side of the FDI coin

VietNamNet Bridge - How to deal with transfer pricing – whether to view it as an inevitable part of foreign direct investment (FDI) or take drastic measures to stop it – remains a controversial matter among Vietnamese.

German industrial giant Siemens to cut 4,500 jobs

 German industrial giant Siemens plans to cut 4,500 jobs, or about 1% of its total global workforce, months after it announced plans to slash more than 7,000 jobs.

Vinh seals Binh Duong win at home

 VietNamNet Bridge – Le Cong Vinh scored the single goal of the last round match of the Asian Football Confederation Champions League in Binh Duong Province yesterday (May 6) for Becamex Binh Duong.

Sports News 7/5

 Eight countries compete in table tennis tournament; U23 Cambodia to play friendly match with DTLA; Dung receives praise for goals

Hunting field mice in the Mekong Delta

 VietNamNet Bridge – Field mice are the number-one enemy of rice farmers, but they are also the source of living of many poor people, at least those in Bay Nui of An Giang province.

Foreign posters showed support of Vietnam during the war

 VietNamNet Bridge - Released in the Soviet Union, Cuba, Sweden, Finland, Hungary, Italy, and Germany to protest the Vietnam War and cheer Vietnam, these posters are being exhibited at the Museum of National History.

What are 24,000 Vietnamese PhDs doing?

The latest report released by the Ministry of Education and Training (MOET) showed that by the end of 2013, Vietnam had 633 PhDs working as lecturers at junior colleges (three-year training) and 8,519 PhDs working as lecturers at universities.

MOIT rejects manufacturers’ claims, but retains dream of creating auto industry

The Ministry of Industry and Trade (MOIT) has reaffirmed Vietnam’s strong determination to develop its automobile industry and its policy on supporting automobile manufacturers. However, investment incentives will be given only to large projects.

Social News 7/5

Crane driver arrested after fatal accident, Hundred children in Hung Yen exposed to lead, Gas explosion kills one person in Binh Duong, Hanoi's new water pipeline's construction to begin in August, Quang Ninh: two captive bears moved to rescue centre

Art & Entertainment News 7/5

Free concerts to entertain HCM City, Free drum workshop at Saigon Outcast, Chocolate festival stirs up Metropole, Electronic nights to feature US, UK artists, Affordable "Art for You" makes a comeback

BUSINESS IN BRIEF 7/5

 Hanoi looks to develop hi-tech agriculture, PMI records rise in four years, Phone, electronics exports edge higher, MoIT aims to increase exports of agro-fishery-forestry products, HCM City seeks NA nod for Metro 5

Cushman & Wakefield ranks Vietnam first in BPO index

 Vietnam has taken top spot in the Business Process Outsourcing (BPO) and Shared Service Location Index of Cushman & Wakefield.

First five-star cruise ship launched in Nha Trang Bay

 The Emperor Cruises limited company has launched its five-star cruise ship with numerous luxury services for tourists exploring Nha Trang Bay in the central province of Khanh Hoa.

Vietnam’s biggest pagoda a popular draw for tourists

 Vietnam's Bai Dinh Pagoda remains a popular draw for tourists, with more than 300,000 visitors over the Tet holiday to marvel at its Buddha and a millennium of Buddhist architecture.

VN to face Thailand in ASEAN semi-finals

 VietNamNet Bridge – Viet Nam will play archrival Thailand in the semi-final of the ASEAN Football Federation Women's Championship, following their 4-0 win over the Philippines yesterday (May 6) in HCM City.

South at risk of water shortage, forest fires

Binh Thuan has asked the Government for funds to upgrade 25 seriously degraded dams so that they can store more water as the central province reels from one of its worst droughts in a long time and dams are rapidly running out of water.

Ha Long Bay-Cat Ba merger planned

 International conservation group IUCN plans to extend Ha Long Bay to include the Cat Ba Archipelago, an adjoining holiday resort area.

Vietcombank buys $1 billion in bonds

 Bank for Foreign Trade of Viet Nam (Vietcombank) has bought Government bonds worth US$1 billion from the Finance Ministry, Thoi bao Kinh te Sai Gon reported online.