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Creditors may agree to Vinashin’s restructuring plan

VietNamNet Bridge - Credit Suisse has sent a letter to 20 other creditors of Vinashin, informing them that it will approve the Vinashin restructuring plan and suggesting they follow.

Congestion in Hanoi before Tet

VietNamNet Bridge - As usual, on the last days of the year, many streets of Hanoi are in serious congestion.

Low-income earners receive tax relief

 VietNamNet Bridge – People with monthly taxable incomes of VND5 million (US$240) or less will be exempted from personal income tax for the last six months of last year.

Unique leaf market in the center of Saigon

VietNamNet Bridge – This market only operates once a year, before the Lunar New Year, in HCM City’s center.

S&P faces US gov't suit over 2007 mortgage ratings

 The US Justice Department plans to sue Standard & Poor's over its rating of mortgage bonds prior to the 2008 financial crisis, S&P said Monday.

Vietnamese hit the road for Tet holiday

 VietNamNet Bridge – It promises to be a profitable Tet (Lunar New Year) for tour operators who said they are fully booked thanks to a longer than usual holiday.

Hang Luoc – Hanoi’s ancient flower market

VietNamNet Bridge – The traditional flower market of Hang Luoc in Hanoi opened on February 3, attracting Hanoi residents and foreign tourists.

HCM City to zone wastewater discharge for canals, rivers

 VietNamNet Bridge – HCM City will classify areas for wastewater discharge at 97 rivers, streams and waterways in an effort to prevent further pollution of the city’s clean water supply,

The newly-appointed U.S. Secretary of State and the push for Vietnam

VietNamNet Bridge - Former Ambassador Ngo Quang Xuan said that under the time of the US Secretary of State John Kerry, Vietnam in particular and ASEAN in general will have favorable conditions to build the strategic partnership with the US.

Tickets for Vietnam-UAE match unsalable

 VietNamNet Bridge – The sale of tickets for the first game of the Vietnamese national team at the Asian Cup qualifier round on February 6 is modest though the price is reasonable.

Old maps on display in Khanh Hoa

Copies of four old maps testifying to Vietnam’s sovereignty over Hoang Sa and Truong Sa archipelagoes in the East Sea were on display at many public places in the central coastal province

The story about SCIC and the milk cow (Part 1)

The State Capital Investment Corporation (SCIC) has reported an impressive business result for 2012. However, experts still can see big problems of the state’s super-power.

Samsung to pump $1 bn into research, venture fund

 Samsung announced Monday it was pumping more than $1 billion into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.

Reactionary group leader sentenced to life in jail

 VietNamNet Bridge – The week-long trial of 22 people charged with plotting to overthrow the people’s administration concluded on February 4 at the People’s Court of central Phu Yen Province.

GOVERNMENT IN BRIEF 5/2

PM meets Cambodian, French leaders; Sympathy sent to Mexico over explosion; Conference on implementation of NA resolutions; Leaders pay New Year visits to armed forces, farmers

Politburo appoints staff for new committees

 VietNamNet Bridge – The Politburo on January 31 assigned some officials for the newly-established Central Committees on Internal Affairs and Economics.

Vietnam still puzzled with excess of steel imports over exports

Though the demand and consumption level dropped dramatically in 2012, Vietnam still witnessed a big gap between steel imports and exports in the context of the domestic oversupply.

Corrupt forest rangers jailed over illegal logging scheme

 VietNamNet Bridge – Three forest rangers in the central province of Ha Tinh have been sentenced to between two and 12 years in jail for colluding with wood loggers to illegally cut down trees,

Anti-corruption Steering Committee gets to work

The Party Central Committee formally established its Anti-Corruption Steering Committee in Hanoi on February 4, pursuant to Politburo Decision No. 162-QD/TW issued on February 1.

Memorial stands testament to Khmer Rouge massacre

VietNamNet Bridge – We came to Ba Chuc Commune on the afternoon of New Year's Day 2013 at the suggestion of a friend who knew we would pass through An Giang Province on our trip to Cuu Long (Mekong) Delta.