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Ministry proposes to use state money to settle banks’ bad debts

One of the controversial points in the draft plan on restructuring the national economy in the 2016-2020 period drafted by the Ministry of Planning and Investment is the use of the state’s money to settle commercial banks’ bad debts.

Vietnamese female team rank ninth in Chess Olympiad

 Vietnam’s female team rose seven steps from 16th to ninth place out of 140 teams at the Chess Olympiad on September 13 in Baku, Azerbaizan.

Vietnam’s retail sales to top $179 billion by 2020

  Vietnam’s retail turnover is expected to rise to 179 billion USD by 2020, according to the Association of Vietnam Retailers. 

Ministry will supervise $10.6 billion steel project

 The Ministry of Industry and Trade (MoIT) will directly assess and supervise the development of the $10.6 billion Hoa Sen Ca Na steel making complex in the south-central province of Ninh Thuan, an official said. 

PM attends Hong Kong-Vietnam Business & Investment Forum

 Prime Minister Nguyen Xuan Phuc has noted his hope that Hong Kong - a leading financial centre of the region and the world – can help with credit mobilisation for Vietnam’s development, especially investment in the local infrastructure.

Vietnam, US officials share religious information

 Vietnamese and US officials have exchanged information on religious affairs during a round-table discussion held in Washington DC. 

PM meets Hong Kong corporate executives

  Prime Minister Nguyen Xuan Phuc welcomed Hong Kong investors to the Vietnamese market during a meeting on September 14 with the chief executives of several major firms in the territory.

Will BPhone 2 succeed if positioned as high-end product?

VietNamNet Bridge - BKAV (Bach Khoa Anti-virus Center) attracted people’s attention launching BPhone with shocking statements and an impressive debut ceremony. 

VSIP – symbol of Vietnam-Singapore cooperation: Deputy PM

Deputy Prime Minister Truong Hoa Binh has said the chains of Vietnam-Singapore Industrial Parks have contributed to deepening the two countries’ ties and wishes they will continue to be a symbol of the close cooperation between the two countries. 

Politburo member welcomes new RoK Ambassador

 Politburo member and standing member of the Party Central Committee Secretariat Dinh The Huynh received the new ambassador of the Republic of Korea Lee Hyuk on September 14. 

Vietnam to cooperate with Japan to prepare for Emperor’s visit

Vietnam will cooperate with Japan to make careful preparation for a successful visit of the Japanese Emperor and Empress to Vietnam, contributing to bilateral ties and to peace, cooperation and development of the region and the world.

President receives out-going Moroccan Ambassador

 President Tran Dai Quang has acknowledged contributions made by Moroccan Ambassador El Houcine Fardani to promoting friendship and all-around cooperation between Vietnam and Morocco over the last ten years.

Rivers, canals gradually dying in Mekong River Delta

VietNamNet Bridge - Rivers and canals in the southwestern region are becoming depleted as they are not regularly dredged and cleared, and are encroached upon by people’s housing. 

Vietnam market lures foreign banks

Making an entrance into VN as representative offices, then moving up the ladder to become branches and 100% foreign-owned units, Japanese and Korean financial institutions are taking careful steps to strengthen their footholds in VN.

Hanoi overgrown following cuts

Many streets in Hanoi are now covered with dense grass just over two months since local authorities halted spending on flower and grass cutting from July 1 this year to cut costs. 

Will Vietnam redraw the world’s aviation market map?

VietNamnet Bridge - With a powerful fleet which has been expanding recently, Vietnam is expected to play a role in the international aviation market.

Questions raised as Buddhist monks defending doctoral theses in short time

Phan Thi Lan, also known as Monk Thich Dam Lan, from Bo De Pagoda in Hanoi has successfully defended her doctoral thesis.

Trade pact challenges VN's drug firms

Local pharmaceutical companies should improve their competitive advantage before Vietnam signs the Trans-Pacific Partnership (TPP) Agreement in order to avoid losing their regional market share, experts said.

22,000 Vietnamese diagnosed with lung cancer each year

 VietNamNet Bridge – Around 22,000 new cases of lung cancer are recorded every year in Viet Nam, with the disease being ranked among the top causes of death,

Shoppers lining up for online clothes rental

 VietNamNet Bridge – Many women in HCM City preparing for weddings or parties are renting their clothes for short periods offered by online shops.