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Vietnamese Gov't to let foreign currency reserves fund development

 The Government, for the first time, has instructed relevant ministries to create a legal mechanism to allow for part of foreign currency reserves to be used to fund development projects.

Ha Tinh: Over 200 teachers may lose jobs

 More than 200 teachers in Ky Anh district, central Ha Tinh province, are set to lose their jobs this month as the district authority has introduced new contract rules.

Party Central Committee discusses personnel for next tenure

 The 11th plenary session of the 11th Party Central Committee opened in Hanoi on May 4, with focus on personnel plan for the next tenure and the number of delegates for the 12th Party Congress.

Vietnam, Bosnia-Herzegovina strengthen relations

 Vietnam appreciates its traditional ties and comprehensive cooperation with Bosnia-Herzegovina, Vietnamese Ambassador Nguyen Thanh Tuan said while presenting his credentials to the Chairman of the Presidency of Bosnia and Herzegovina.

Da Nang to host Ironman race

 More than 1,000 athletes from 54 countries and territories will compete in the Ironman, an international triathlon, in the coastal central city of Da Nang on May 10.

Drought forces south-central provinces to halt crop cultivation

 The agricultural and rural development departments in three southern central provinces said they were not planting the summer-autumn rice and several crops due to prolonged drought.

Private sector in line for railway investment

 Private investors are now being encouraged to invest in rail infrastructure development and infrastructure leasing ventures in Vietnam.

Can Cau mountainous market in pictures

 Can Cau Market opens every Saturday and on holidays, revealing the simple but colorful life of ethnic people in the northern highlands.

Police bust transnational drug syndicate in Son La, seize 160kg heroin

 Police in northern Son La province have seized 160 kg of heroin with a street value estimated in the millions of dollars and arrested dozens, killing one, in one of the largest drug busts of recent memory.

Best French bartender to come to Vietnam

 Emile Chaillot, an accomplished bartender from Paris, will conduct sessions demonstrating the finest of bar techniques on how to design and mix cocktails on May 5 in HCM City.

Free labour flow in AEC to challenge Vietnamese workers

 The ASEAN Economic Community (AEC), scheduled to take shape in late 2015, is expected to facilitate the free flow of goods, services, investment, as well as skilled workers within the bloc.

Industrializing agriculture: The only solution for Vietnam

 VietNamNet Bridge - Industrialization of agriculture is the major solution to create competitive advantage for Vietnam's agricultural products in the international and domestic market.

Cultivation plans fail to reach farmers

 The nation's agriculture sector needs to bridge the gap that exists between planning and implementation in order to reduce farmers' vulnerabilities to vagaries of the weather and the marketplace, experts say.

Vietnam catches up with the world in organ transplantation

Although Vietnam performed organ transplant operations half a century later than much of the rest of the world and 20 years later than regional countries, it has now caught up with countries that have modern medicine.

Art & Entertainment News 5/5

Hanoi moves to protect intangible cultures, Belgian novel hits the shelves, UP Station offers Latin music, Actor Nguyen Anh Dung dies at 64, Ao Dai fashion show at Paris fair 2015

2015 auto import figures reflect Vietnamese desire for cars

VietNamNet Bridge - The amount of money Vietnamese spent in the first four months of the year to import cars, from budget models to luxury vehicles, increased sharply. 

Mediterranean migrant crisis: Thousands of migrants rescued at sea

 More than 5,800 migrants have been rescued and 10 bodies recovered off the Libyan coast over the weekend, the Italian coastguard says.

BUSINESS IN BRIEF 4/5

HCM City develops seaport system, Hanoi moves to lure more foreign investment, Foreign meat floods Vietnamese market, Investors interested in railway projects, More interest shown at Hanoi auctions

Dong Nhi wins the 1st of Remix music competition

 Singer Dong Nhi became the champion of the first season of a reality television music competition “The Remix” in Vietnam which ended in Ho Chi Minh on May 4.

Nepal quake: Why are some tremors so deadly?

 On 1 April, 2014, a Magnitude 8.2 earthquake rocked northern Chile. Six people died, 2,500 homes were damaged and 80,000 people were displaced. Just over one year later, a M7.8 earthquake strikes Nepal.