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More underground ownership shifting deals in banking sector found

VietNamNet Bridge – The so called “cross-ownership” has become so popular in the banking sector (banks contribute capital to other banks to become founding shareholders of the other banks).

Foreign Minister holds talks with US counterpart

Vietnam and the US have agreed to increase the exchange of delegations at all levels and promote bilateral ties in various fields, of which economics, trade and investment will continue to be the focus and momentum for the two countries’ relations.

SPORTS IN BRIEF 12/7

VN Muay Thai fighters progress to finals; Grandmaster Liem finishes seventh in rapid, blitz chess competition; Dung takes fifth stage of Women's Open Cycling Tournament

Suicide bombing kills 20 in Yemen's capital, al-Qaida says responsible

A suicide bombing killed at least 20 police cadets in Yemen's capital of Sanaa on Wednesday, just five days after the terrorist group sent warning messages to intelligence services that an attack would strike police institutions in days.

GOVERNMENT IN BRIEF 12/7

Vietnam aims for Rio+20 sustainable development goals; VN, Cambodia step up religious cooperation; Vietnam attends Hong Kong Summit Forum; German diplomat awarded culture insignia

The people who make friends with beasts (part 1)

As for the workers at the Dai Nam Zoo in Binh Duong province, the happiest moments in their lives are the ones when they can see with their eyes the hippos and tigers begin labor and give birth.

Chinese, Vietnamese FMs meet on AMM 45 sidelines

Vietnam’s Foreign Minister Pham Binh Minh held talks with his counterpart from China Yang Jiechi on July 11 in Phnom Penh on the sidelines of the 45th ASEAN Foreign Ministers Meeting (AMM 45).

A life beyond the streets

On July 22, the Sozo cafe on Bui Vien will host an art exhibition featuring, amongst others, the work of new Saigon artist, Le Huynh Minh Hieu.

ACFTA paves the way for Chinese cars to penetrate Vietnamese market

Experts have warned that the Vietnam’s automobile industry would be threatened as automobile manufacturers would become traders once the low import tariffs under ACFTA become effective from 2015.

Smart urban areas in Vietnam in infant development stage

The issue of developing smart urban areas in Vietnam was first put forward 5-6 years ago. However, no considerable progress has been made so far.

Vietnamese sports delegation’s fixture list at the Olympics

VietNamNet Bridge – London Olympics 2012 are the most memorable games in Vietnam’s history at the Olympics, because it has up to 18 representatives who will compete in 11 sports. Below is the schedule of events of Vietnam.

New iPad to arrive in China on July 20

Apple announced on Tuesday that the new iPad, the third generation of its tablet line, will arrive in China on July 20.

More flights take int’l visitors to central Vietnam

Several charter and regular flights opened this month will take foreign tourists to airports in Danang City and  Khanh Hoa Province as the central region’s tourism is becoming more appealing to foreigners.

The unwilling university entrance examinees

Attending university entrance exams to follow university education proves to be the choice of most high school graduates. However, many students attend the exams because they are forced to do that.

BUSINESS IN BRIEF 12/7

TPP talks tough for Vietnam over yarn-forward issue; Banks lose trust in businesses; Life harder for exporters; Vietravel posts 31% revenue growth; Vinacomin sells 17% of VND3 trillion bonds; Feed producers’ big appetites

ART & ENTERTAINMENT IN BRIEF 11/7

National Traditional Boat Races closes; Youth Theatre introduces Korean traditional music to Vietnam; Photographic exhibition on Vietnam-Laos friendship; Photography camp opens in northern region

SOCIETY IN BRIEF 11/7

25 people fined for attempt to leave Vietnam illegally; British health aid to continue; More than VND7 billion raised for AO victims; Mobile souvenir shops banned in Hoi An

Chinese business quietly bought hundreds of hectares of land in Binh Thuan

The Binh Thuan provincial authorities have discovered the illegal investment by a Chinese business which bought hundreds of hectares of land to grow dragon fruits.

HCM City bridge opens, as flyover work begins

VietNamNet Bridge – HCM City authorities yesterday, July 10, opened a bridge and also broke ground for a flyover on the Ha Noi Highway which connects the city with south-eastern provinces.

Old Quarter promotes craft work

VietNamNet Bridge – Tourists and the general public will be admitted free to many cultural activities in the Old Quarter to promote a festival entitled Traditional Handicraft with Contemporary Arts.