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Overseas education costs Vietnam $3b annually

While the Finance Ministry has not decided on a date for issuing sovereign bonds worth US$3 billion to refinance the country's debts, the same amount of foreign currency is allowed to be spent every year to allow Vietnamese to study abroad.

Marine search, rescue drill practiced off Kien Giang’s seaport

 A marine search-and-rescue drill was conducted in the waters off Hon Chong port in the southern province of Kien Giang on December 7.

Vietnam-Laos border marker increase, upgrade completed

 Vietnam has almost completed a project to increase and upgrade border markers along its boundary with Laos, Deputy Defence Minister Nguyen Chi Vinh said on December 7.

Saigon Heat lose to Hi-Tech Bangkok City

 Saigon Heat were denied a win against Hi-Tech Bangkok City at the ASEAN Basketball League on December 5.

Vietnam's top badminton player crashes out of Yonex USA International

Nguyen Tien Minh was defeated in the semi-finals of the Yonex USA International badminton tournament on December 5 (Hanoi time) in Orlando, Florida.

Pharmacy firm faces action over excessive salbutamol imports

 The health ministry's Drug Administration of Viet Nam has suspended the operation of a pharmacy company and has revoked its business licence following its illegal import and trade in salbutamol.

TPP will be ‘light at the end of tunnel’ for Vietnam’s automobile industry: expert

VietNamNet Bridge - The Trans Pacific Partnership Agreement (TPP) brings a ray of hope to the Vietnam’s automobile industry.

Latest pictures of Vietnam’s Pham Huong at Miss Universe

VietNamNet Bridge - Miss Universe Vietnam 2015 Pham Huong has quickly caught up with the pace of Miss Universe 2015 pageant in the US. She is considered one of the most outstanding Asian contestants this year.

Photos: Vietnam’s Lan Khue shines at Miss World

VietNamNet Bridge - Many exciting activities were held for contestants of the 2015 Miss World pagean in the last few days and Vietnamese representative Lan Khue always attracted attention.

Asia-Pacific veteran table tennis champs winds up

The ninth Asia-Pacific Veteran Table Tennis Championships wrapped up at the Phu Tho Gymnasium in Ho Chi Minh City on December 6. 

Digital Campus WeCode awards bestowed on Vietnam team

 The Vietnam team bagged three awards at the Digital Campus WeCode held on December 6 in Kuala Lumpur, Malaysia.

Coca-Cola Vietnam on target for anti-transfer pricing

VietNamNet Bridge – The HCM City Tax Department has established forces to fight transfer pricing. It will collect and study transfer-pricing tactics used by foreign-invested companies in Vietnam.

Military Bank receives merger approval

 The State Bank of Vietnam last week approved in principle a merger between the Song Da Finance Company and the Military Commercial Joint Stock Bank.

Transport Ministry sets investment rules for Airports Corporation of Vietnam

 The Ministry of Transport has set criteria for the Airports Corporation of Vietnam, whose equitisation process is underway, to select strategic investors.

Vietnam to import coal from 2017

Vietnam will become a coal importer in 2017 of 2.3 million tones for domestic electricity production, according to Nguyen Tien Chinh from Vietnam Mining Science and Technology Association.

Art & Entertainment News in Brief

, Art exhibition to mark Vietnam-US ties, Food festival welcomes ASEAN Community formation, Hanging library gets kids reading, Activities held to mark great poet Nguyen Du’s birthday, Cuisine festival offering international flavours

BT projects attract infrastructure investors

VietNamNet Bridge - BT (build, transfer) is an attractive investment mode because the regulatory law is unclear. With BT, projects can be implemented after the two sides reach agreement. 

President: duties still necessary even though term-end is near

VietNamNet Bridge - President Truong Tan Sang has said that he and the other deputies of the 13th National Assembly will work until the last minute of the working term, affirming that they will not put off tasks for the 14th National Assembly term.

Students follow different studies for fear of unemployment

VietNamNet Bridge - On internet education forums, Vietnamese students call themselves ‘bachelor’s degree collectors’ because one student may have several degrees in different majors.

HCM City needs to handle abandoned million-USD property projects

 VietNamNet Bridge - Many real estate projects located in prime locations in HCM City, which were previously considered symbols of the city’s progress, have been abandoned for years, causing great waste.