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Offshore investments bring profit to local ICT firms

 VietNamNet Bridge – Vietnamese information and communication technology (ICT) firms have reported profit from their offshore operations which are more active than ever in the face of stronger competition at home.

State Capital Investment Corp. reaps VND5.2 billion in profits in 2014

 VietNamNet Bridge - The State Capital Investment Corporation (SCIC) invested more than VND13 trillion in businesses by the end of 2014, according to its latest report.

HCM City focuses on developing waterway tourism

The Ho Chi Minh City Department of Tourism set a target of 4.7 million visitors in 2015, making a year-on-year increase of 7 percent.

KOICA assists in land information system

KOICA is assisting Vietnam in building a long-term development agenda for the establishment of a multi-purpose land information system through a non-refundable aid package from the Government of the Republic of Korea .

Steps to correct derailed investments

 VietNamNet Bridge – Huynh The Nang, general director of Vietnam Southern Food Corporation (Vinafood 2), told The Saigon Times Daily about solutions to settle huge debt and lead the State-run corporation to a new stage of development. Excerpts:

Culture Ministry discourages 'barbaric' festivals

 VietNamNet Bridge – The Ministry of Culture, Sports and Tourism discourages violent, brutal and barbaric festivals such as the pig-chopping festival in Bac Ninh Province, the ministry’s spokesman Phan Dinh Tan has said.

Deputy PM: Vietnam’s int’l integration process enters important period

Vietnam’s international integration process has entered a new and important period which will offer a new development space for the country, businesses and each citizen but also create a number of challenges, including new and unprecedented issues.

Minister suggests boycotting transport firms delaying fare cuts

 VietNamNet Bridge – Minister of Transport Dinh La Thang suggested passengers boycott enterprises reluctant to lower fares after multiple fuel price reductions when he inspected fee reductions

US aids restoration of ancient temple at Hue Citadel

 The Hue Monuments Conservation Centre undertook an US-funded project worth US$700,000 (VND14.7 billion) to restore the facade of the Trieu To Temple in the ancient imperial citadel of Hue in central Thua Thien-Hue province on February 6.

No limit to foreign-ownership in weak banks: SBV

The government of Vietnam is considering raising the ceiling on foreign ownership in weak banks which are undergoing restructuring, Deputy Governor of the State Bank Nguyen Phuoc Thanh said.

Underground water in rural areas becoming polluted

VietNamNet Bridge – Scientists have warned that underground water in rural areas near industrial zones is becoming seriously polluted and depleted.

“One-stop-shop” model officially launched at Lao Bao-Densavan gates

 Deputy Prime Minister Nguyen Xuan Phuc and his Lao counterpart Somsavath Lengsavath cut the ribbon to launch the “one-stop-shop” model at the Lao Bao (Quang Tri)-Densavan (Savannakhet) international border gate on February 6.

Japan continues backing Vietnam’s reform: parliamentarian

 Japan will continue its support for Vietnam’s Doi Moi (renovation) policy and its help for the country in human resources training and law making experience sharing.

Retailers face foreign competition

 VietNamNet Bridge – Vietnamese retailers are facing fierce competition from several new foreign players in the market, who also have strong financial potential and experience.

Bustling night markets

 VietNamNet Bridge – Traders at some traditional wet markets in HCMC are extending their operations until late at night in the lead up to the Lunar New Year holiday, which begins on February 19.

PM adopts external cultural strategy until 2020

 A cultural strategy for Vietnam's foreign relations until 2020 with a vision for 2030 has been approved by Prime Minister Nguyen Tan Dung.

Top ten events of health sector in 2014 announced

 The Ministry of Health (MOH) announced on February 5 the top ten events of the sector in 2014 as follows:

'Wild birds may spread flu virus'

 Migratory birds may be spreading viruses that cause bird flu around the world, say scientists.

Schools consider putting counsellors on payroll

 VietNamNet Bridge – The Ministry of Education and Training should place school counsellors on the payroll to motivate them more, experts said at a recent workshop.

Five craft villages to visit before Lunar New Year

 VietNamNet Bridge – Paying a visit to traditional craft villages such as  banh chung, peach and pomelo villages, you will feel the atmosphere of the lunar New Year (Tet holiday) in Vietnam.