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Risk provisions remain principal burden on VN banks

 Although their business operations have shown brighter prospects and many banks are planning to earn trillions in profit this year, the risk provision pressure remains a significant burden.

PM requests facilitating visits with Qatar

 Prime Minister Nguyen Xuan Phuc requested further visits, especially high-level ones, during a reception in Hanoi on April 10 for Qatari Ambassador to Vietnam Mohamed Ismail Al Emadi.

Party official applauds WB’s country partnership framework

 Chairman of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh applauded the World Bank’s building of a Country Partnership Framework for Vietnam for 2017-2022.

World top IT experts gather in IT conference

 Vietnam will present 30 reports – out of 125 total from 25 countries and territories – on information technology to the 7th International Conference on Information Science and Technology (ICTST) in Da Nang on April 16-18.

Can Tho supports environment protection initiatives

Can Tho will fund up to 200 million VND (nearly 9,000 USD) to each initiative selected for the Green-Clean-Beautiful City Programme, said Vice Chairwoman of the municipal People’s Committee Vo Thi Hong Anh. 

Gov’t leader hosts new Myanmar ambassador

 Prime Minister Nguyen Xuan Phuc received newly-accredited Myanmar Ambassador to Vietnam Kyaw Soe Win on April 10, voicing his hope for the diplomat’s substantial contributions to the already sound relationship of the countries.

Vietnam, Hungary’s top legislators hold talks

 Chairwoman of the National Assembly of Vietnam Nguyen Thi Kim Ngan and Speaker of the National Assembly of Hungary Kover Laszlo held talks in Budapest on April 10.

Korean tests for VN workers to start in June

 The language and skills exams for Vietnamese workers wishing to work in the Republic of Korea will be held this year between June and September, the Department of Overseas Labour Management announced last week.

VN cyclist places second in Tour of Thailand

 Nguyen Thi That of Vietnam missed the yellow jersey in the last few minutes of the Tour of Thailand cycling tournament on Sunday.

Vietnam's women weightlifters berth at Youth Olympics

 Vietnam’s women weightlifters earned a slot in the 2018 Youth Olympics thanks to their performance in the 2017 IWF Youth World Championships, which concluded in Thailand yesterday.

First int’l U19 football champs to be held in Nha Trang

 The first international U19 football championship will take place in Nha Trang city, the south central coastal province of Khanh Hoa, from April 11-22.

VN’s internet speed picks up after cable repairs

 The international internet connection in Vietnam is working at normal speed once again after the cable connecting Southeast Asia to the US was rewired on Saturday.

200-year-old sua tree sold for over $1 million

VietNamNet Bridge - A 200-year-old sua (Dalbergia tonkinensis Prain) offered for sale at VND50 billion (nearly $2.5 million) was felled and transferred to the buyer in late March.

Junior college registration falls

VietNamNet Bridge - The junior colleges under the Ministry of Education and Training (MOET) are facing difficulties in the 2017 enrollment season. 

Airfare floor policy opposed by low-cost carriers

VietNamNet Bridge - The proposed airport service surcharge increases and airfare control policy are expected to cause difficulties for low-cost air carriers (LCC).

Vietnam’s rice price out of sync with rest of world

VietNamNet Bridge - The rice price in the Mekong Delta has increased in the last couple of weeks, which has resulted in higher export prices. 

Vietnam Airlines sells cheap air tickets as aviation market heats up

Vietnam Airlines, the nation’s flag air carrier, has decided to join hands with Jetstar Pacific to market cheap air tickets priced from VND11,000 to VND1 million for both domestic and international routes. 

Risk provisions remain principal burden on banks

 Although their business operations have shown brighter prospects and many banks are planning to earn trillions in profit this year, the risk provision pressure remains a significant burden.

Formosa’s $10.5 billion Ha Tinh steel complex meets requirement to start blast furnace

The working group from the Ministry of Natural Resources and Environment complemented by a body of other scientists have concluded that Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. meets the requirements for the first blast furnace to start operation.

HCM City metro projects short on capital

The two urban railway projects Ben Thanh-Suoi Tien and Ben Thanh-Tham Luong are confronted with a shortage of capital.