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VN to pay over $12 billion debts, borrow $20 billion in 2016

Under the plan on debt payment and loans in 2016, the Government plans to borrow $20 billion to pay debts and cover its expenses, including $15 billion from the Social Insurance Fund and the State Capital Investment Corporation.

Vietnamese motorbike market becoming saturated

VietNamNet Bridge - The motorbike consumption level in Vietnam remains the highest in the world, but it has been falling in recent years. 

HCM City proposes special financing mechanism

HCMC has proposed the National Assembly Financial and Budgetary Committee ask the Ministry of Finance to seek Government approval for a special financing mechanism for the southern economic center.

Hanoi seeks stronger relations with Belarusian localities

 Hanoi wishes to step up its partnerships with Belarusian localities, Chairman of the municipal People’s Committee Nguyen Duc Chung told Belarusian Ambassador Valery Sadokho on June 8.

Vietnam, Poland boast great potential for partnerships

 Vice President Dang Thi Ngoc Thinh met with Polish President Andrzej Duda on June 8 on the occasion of attending the 26th Global Summit of Women in Warsaw capital city.

Nearly 96% of National Assembly deputies are Communist Party members

VietNamNet Bridge – The National Assembly (NA) election results showed that members of the Communist Party of Vietnam (CPV) accounted for 95.8% while non-Party membership deputies made up 4.2%, down 50% from the previous term.

VN coffee output may fall in drought

 Coffee production in Viet Nam could drop up to 7 per cent in 2016 and 2017, to 27.3 million bags over the previous crop, due to adverse weather conditions.

Vietnam's players win at Australia Badminton Open

Top Vietnamese badminton player Nguyen Tien Minh entered the second round of the Xiamenair Australian Badminton Open in Sydney on June 8.

DOC in resolving East Sea tensions

 The 12th ASEAN-China senior officials’ meeting on the implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) will take place in Vietnam’s Ha Long City on June 9.

PhDs leave research institute because of starvation wages

VietNamNet Bridge - Many researchers with doctorates last year left the Biotechnology Institute of the Vietnam Science & Technology Academy because they could not live on the monthly wage of VND3 million.

Tycoons spend billions of dong to acquire foreign firms

VietNamNet Bridge - Vietnamese tycoons are now rich enough to take over foreign firms, using them as a jumping board to conquer the international market.

VN basic sciences rank among the top countries in region: Sci-tech Ministry

VietNamNet Bridge  - The Ministry of Science & Technology has reaffirmed the importance of basic sciences amid the community’s decreased interest in the role of the sciences. 

Polluting investment projects ‘slip through net’ as regulations remain unclear

VietNamNet Bridge - No legal document specifying which technologies can or cannot not be imported to Vietnam exists. This ambiguity has hindered Vietnam from ‘filtering’ projects that could cause pollution. 

Hanoi hosts ASEAN policy dialogue on student mobility

The third policy dialogue in the framework of the EU project on Support to Higher Education in the ASEAN Region opened in Hanoi on June 8, gathering over 150 senior educational leaders, managers, scholars and students.

Domestic Vietnam Airlines flight diverted to Laos due to bad weather

 A Vietnam Airlines flight en route from Da Nang to Hanoi had to divert to Laos on June 7 after it could not make a landing at Hanoi’s Noi Bai International Airport due to bad weather.

Fatal lightning strikes in Dak Nong, Lao Cai

 One person was killed and three others in a family were seriously injured when lightning struck their house in Cu K’Nia commune, Cu Jut district, the Central Highlands province of Dak Nong, on June 8.

U-16 Japan beat Gia Lai 4-1

 Japan’s U-16 team cruised to a 4-1 win over U-16 Hoàng Anh Gia Lai (HAGL) in a friendly match at HCM City’s Thong Nhat Stadium yesterday.

Over 75,000 students vie for place in Hanoi high schools

 More than 75,000 students in Hanoi began the rigorous entrance exams for a place in the capital’s state-owned high schools in the academic year 2016-17, with literature being the first exam subject today.

Top legislator calls for Japan’s help to deal with drought

NA Chairwoman Nguyen Thi Kim Ngan has renewed the appeal to Japan to help Vietnam build mid- and long-term solutions to drought and salt water intrusion, as agreed upon during the recent talks between the two countries’ Prime Ministers in Japan.

NA Chairwoman hosts Cuban Ambassador

  National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception for Cuban Ambassador to Vietnam Herminio Lopez Diaz in Hanoi on June 8.