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PM orders restructuring of State-owned shipping firm

VietNamNet Bridge – State-owned Vinalines would restructure its operations to focus on three core businesses: maritime transportation, seaports and services, Prime Minister Nguyen Tan Dung said.

Olympic squad sets record

VietNamNet Bridge – The Viet Nam sport team going to the Olympics has already set a record and it hasn't yet run a race or fought a duel.

Deposit interest rates soar, ‘cause banks fear they may lose customers

Despite the profuse liquidity and slow credit growth, banks still have raised the deposit interest rates for fear that they may lose customers to other banks.

New Democracy leads Greek election, hard talks ahead for coalition gov't

The pro-bailout conservative New Democracy party beat the anti-bailout leftist Syriza party in Greece's crucial election on Sunday, but forming a coalition government as desired by the winning party won't come easy.

Tropical low may develop into storm

VietNamNet Bridge – A tropical low pressure system over the East Sea had the potential to develop into a storm, the National Centre for Hydro-Meteorological Forecasting said yesterday, June 17.

Publisher wins first VN piracy lawsuit

One of two foreign-language schools that were sued by Tri Viet Publishing House in HCM City last year for pirating its TOEFL and TOEIC textbooks has issued a formal apology and paid compensation of VND380 million to the publishing company.

American artist exhibits 3D street painting in Vietnam

VietNamNet Bridge - Internationally recognized American street painter, Tracy Lee Stum, has completed a 3D painting called Snow Lotus, which is open to public on June 16-17 at Youth Cultural House, 4 Pham Ngoc Thach, District 1, Ho Chi Minh City.

6.1-magnitude quake hits off east coast of Japan: CENC

An earthquake measuring 6.1 on the Richter scale jolted the sea off the east coast of Honshu Japan at 4:32 a.m. Monday (Beijing Time), according to the China Earthquake Networks Center.

Vietnam the second happiest nation globally

Vietnam has been rated as the second happiest nation in the world thanks to its citizens’ high level of life satisfaction, high life expectancy, and environmental sustainability.

Vietnam competes at Asian Beach Games in China

Ninety-one Vietnamese athletes have begun fierce competitions against rivals from more than 40 countries and territories at the third Asian Beach Games, which opened in Hai Yang city, China, on June 16.

Ho Dynasty Citadel officially recognized as World Cultural Heritage

VietNamNet Bridge - The United Nations Educational, Scientific and Cultural Organization (UNESCO) on June 16 officially recognized Vietnam’s Ho Dynasty Citadel as the World Cultural Heritage.

The “technology” that helps students “produce” compositions

Writing compositions proves to be a very easy work for Vietnamese students, because they just need learn the sample essays by heart and then write down what they can remember on the exam papers.

Multi-million dollar environment projects give fetid smell

Suffering from the terrible smell coming out from the newly set up manhole covers within the frame of the waste water treatment project, hundreds of households in Lang Co town in Thua Thien – Hue province have to seal the manholes with cement.

TPP may attract more foreign investment projects in textiles and dyeing

A new wave of foreign investments in spinning, weaving and dyeing sectors has been kicked off, since investors can see the profits they can gain from the Trans-Pacific Partnership Agreement (TPP).

Original wine cellar - a tourist attraction in Da Nang

VietNamnet Bridge - Built in the early 20th century by the French, Debay wine cellar in Ba Na resort, in the central city of Da Nang has a unique architectural style in Vietnam. It has become a tourist destination.

CRM software market segment remains inaccessible to Vietnamese firms

Vietnamese Customer Relationship Management (CRM) software providers have been meeting big difficulties when developing the domestic market.

WHO launches tools to help stop abuse of people with mental health conditions

The World Health Organization (WHO) on Friday urged countries to better protect people with mental health conditions, as the Geneva-based organization launched a tool kit to assess and stop violations to their rights and dignity.

3G draws 20 percent more subscribers

Viet Nam has 16 million 3G (third generation mobile telecommunications) subscribers benefiting from wide-area wireless voice messages, mobile Internet access, video calls and mobile TV by the end of May.

BUSINESS IN BRIEF 18/6

Thua Thien-Hue’s biggest hydropower plant in operation; State bank governor approves Habubank and SHB merge; Credit outstanding in 2012 to reach 12-13 percent; Foreign protectionism threatens exports; Banks increase lending

Angling for visitors

Weekends are the best time for Nguyen Minh Tuan, from Da Nang City, and fellow enthusiasts to go fishing along the Cham Islands, situated close to the ancient town of Hoi An, a favoured tourist destination.