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Vietnam among pillars of India’s “Look East” policy

 Vietnam has become a pillar of India’s “Look East” policy, according to Indian Foreign Minister Salman Khurshid.

Relevant ministries keep arguing about forest development fund

 VietNamNet Bridge – No ministry or branch has claimed the responsibility for the empty forest development fund.

HCM City wants to modernize teaching aids, parents don’t want

 VietNamNet Bridge – The HCM City Education and Training Department has urged schools to equip with interactive whiteboard in a plan to modernize teaching aids. However, schools keep indifferent to the plan.

Low-cost capital plentiful, but borrowers keep glacial

 VietNamNet Bridge – The lending interest rates offered by many commercial banks have reduced to below the deposit interest rates. However, businesses don’t intend to borrow money at this moment.

Thousands of jobs cut in banking sector

 VietNamNet Bridge – Commercial banks have laid off thousands of workers because of the bad business performance.

Research facility aims to improve science quality

 VietNamNet Bridge – Viet Nam will soon start work on a US$150 million research institute where scientists could earn three times more than the current State-regulated salary.

BUSINESS IN BRIEF 18/11

 HCM City’s foreign-currency credits tumble; Vietnam eyes labour cooperation with Middle East, North Africa; BIDV receives Asia Risk award; Mekong Delta looks towards green economy

Traffic accidents devastate local families

 VietNamNet Bridge – Nguyen Thanh Thuan (not real his name) of District 8 quit his job, and nearly everything else in his life, after his 13-year-old daughter died in a motorbike accident last year.

Ministry angry as land use violations found nationwide

 VietNamNet Bridge – Inspectors from the Ministry of Natural Resources and Environment had uncovered land use and management violations across more than 190,450ha nationwide, the ministry said.

Hanoi pedestrian zones to open in December

 VietNamNet Bridge – The Hanoi People’s Committee is close to completing a project to expand pedestrian streets in the capital’s Old Quarter.

Foreign investment in Vietnam banks encouraged

 VietNamNet Bridge – The State Bank of Vietnam (SBV) encourages foreign credit institutions to contribute capital and purchase shares of Vietnamese credit institutions while continuing to evaluate and identify some weak banks to take on restructuring.

History roars to life through lion statues

VietNamNet Bridge – While guardian lion sculptures are frequently associated with China, Viet Nam also boasts many such masterpieces.

HIV/AIDS rates still too high in Viet Nam

 VietNamNet Bridge – In the first nine months of this year, an average of 34 people contracted HIV each day, according to recent statistics from the Ministry of Health.

Evolution of the ao dai

 VietNamNet Bridge – The styles of Vietnamese long dress, or ao dai, have gone through a number of changes over different periods, and it is still survives today, marking Vietnamese traditions.

The “biological wastebasket” for farmers

Three students of the HCM City Architecture University Dao Y Kha, Cao Dang Khoa and Ton That Phu Tri have created a “biological wastebasket” for farmers, helping them make the most of the dragon fruit plants waste to protect the environment.

Nguyen Hai Phong – king of bonsai

 VietNamNet Bridge – Nguyen Hai Phong has shot to fame as the nation’s most famous bonsai artist.

U23 Vietnam national squad ready for SEA Games 23

 VietNamNet Bridge – The Vietnam Football Federation (VFF) has finalised its updated schedule for U23 Vietnam national football squad, heading for SEA Games 23 in Myanmar, reported the CPV online newspaper.

NA makes important new appointments

The National Assembly on November 16 elected additional members to join the NA Standing Committee and also voted people to fill the roles of Vice Chairman of the NA Council of Ethnic Affairs and Vice Head of several other committees.

Vietnam-made medicine unfavorable on home market

 VietNamNet Bridge – Indian, Chinese and Pakistani low cost medicine products have been flooding the Vietnamese market, while Vietnamese brands have been unfavorable in the Vietnamese market.

Carpenter owns “museum” of old homes

 VietNamNet Bridge – A man in central Quang Nam Province has spent the last 20 years collecting and preserving old and unique houses from across the country, gathering them on his land.