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President: Vietnam ready to listen to foreign investors

Vietnam is willing to listen to foreign investors and facilitate their investments in the country, President Truong Tan Sang has said.

Vietnam makes big leap in non-dollarization

 VietNamNet Bridge – Vietnam vows to reduce the foreign currency deposit ratio to 15 percent by 2015 and stop the dollarization by 2020

Truong Thi May’s Ao Dai in top 10 national costumes on Missosology

 VietNamNet Bridge - The national dress of the Vietnamese representative at the 2013 Miss Universe ranked fourth in the top ten best national dresses on Missosology, a world-prestigious website on international beauty contests.

Agriculture ministry orders snail crackdown

VietNamNet Bridge – Agriculture and Rural Development Minister Cao Duc Phat has asked municipal and provincial People's Committees to strengthen inspections and punish violations relating to breeding, transporting and distributing golden snails.

Vietnam faces rapid population aging

Experts have warned that the transitional period from an aging population to an aged population in Vietnam will be about 18-20 years, much shorter than in other countries such as France, Sweden, the US and Japan.

Gov't to curtail currency lending

VietNamNet Bridge – Foreign currency lending is likely to end sooner than the Government's original schedule because the central bank's efforts to limit its use in the economy have proven effective,

Law on thrift practice featured in NA’s discussion

 VietNamNet Bridge – The draft revised Law on Thrift Practice and Anti-wastefulness swept the agenda at the November 4 morning sitting of the ongoing National Assembly (NA) session in Hanoi.

National costume entries fall flat

 VietNamNet Bridge – No entries were qualified enough to be chosen for the final round of the national costume design contest held by the Ministry of Culture, Sports and Tourism,

Coach Hoang Van Phuc is reinstated

 VietNamNet Bridge – Coach Hoang Van Phuc of the U23 national football team has been reinstated after the BTV Cup.

Fighting against transfer pricing will be a violent war

 VietNamNet Bridge – The owners of international economic groups are always the wise businessmen supported by experienced accountants, lawyers and strategist. Therefore, it is not easy to force them to admit their transfer pricing behavior.

Life-sentence prisoner on parole after 10 years claiming innocence

 VietNamNet Bridge - Nguyen Thanh Chan, who was sentenced to life imprisonment for "murder" has constantly claimed innocence for ten years and "pointed out" the real culprit who has been omitted by the legal agencies.

13 Vietnamese teams to head for int’l Robothon competition

 VietNamNet Bridge – Thirteen student teams of different grades will represent Vietnam at the International Robothon Competition to be held in the Philippines on November 23.

Watching birds during flooding season

Tra Su Cajuput Forest in An Giang Province is a must-visit destination in the flooding season, particularly for those travelers who take great pleasure in cruising along man-made canals whilst viewing herds of birds in different colors

Hydropower potential almost fully tapped: National Assembly

 VietNamNet Bridge – Vietnam has tapped over 90% of the hydropower potential for economic development, which has left adverse impacts on the people’s livelihood, especially in terms of deforestation and safety,

Scientists find new plant cures to save rare animals

VietNamNet Bridge – Vietnamese scientists have discovered 46 medicinal plant species and remedies that may be able to replace endangered wildlife products used to cure diseases.

Social Highlights for November 5

 HCM City to tackle river and canal encroachment; Da Nang, Ha Noi win robotics competition; Student architects top design contest; Central provinces restore forests; Environmental laws need improvement

VAMC purchases bad debts from 14 banks

 VietNamNet Bridge - By the end of October, the Vietnam Assets Management Company (VAMC) purchased VND11 trillion of bad debts from 14 banks, despite the fact that more than 20 banks had lined up to sell about VND38 trillion of bad debts.

11 new Alzheimer's risk genes identified

A group of scientists have discovered 11 new genes that may be tied to the late-onset form of the dementia disease during the largest genetic analysis of Alzheimer's that ever completed.

Contestants gear up for MasterChef Vietnam

 Locals and overseas Vietnamese are invited to take part in the second season of MasterChef Vietnam 2013 which was launched on Thursday.

BUSINESS IN BRIEF 5/11

 Binh Duong attracts nearly US$1.2 bil in FDI; Seafood exports hit US$5.5 billion in 10 months; Nam Con Son pipeline brings 50 billion cu.m of gas ashore; Over US$200 mln for second lift-off oil rig