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The Banker: VietinBank the number 1 bank in Vietnam

 VietNamNet Bridge - The Banker on April 8 announced the ASEAN Top 100 Banks in 2016. Of the 19 Vietnamese banks on the list, VietinBank ranked first.

Vinamilk to change ownership ratio of foreign investors

The Vietnam Dairy Products JSC has not yet announced the plan to change the ownership ratio. However, its major shareholder – the State Capital Investments Corporation – is holding 45.8% of the capital and foreign investors now already have 49%.

NA deputies have great expectations for newly-elected State Bank Governor

Approved by the National Assembly as the Governor of the State Bank of Vietnam with a majority of votes on Saturday, Le Minh Hung is the youngest-ever leader of the central bank of Vietnam.

The 80-year-old porter in Saigon

VietNamNet Bridge – At the age of nearly 80, the gray haired, bent back woman still works as a porter at night to support herself.

International economists optimistic, Vietnamese pessimistic about economy

VietNamNet Bridge - While Vietnamese experts show big concerns about Vietnam economy, pointing out that too many problems still exist, foreign economists have a positive outlook about Vietnam.

Traces of Paleolithic age discovered in Vietnam

 VietNamNet Bridge – Archeologists announced that prehistoric people living in Viet Nam knew how to use hand-axes 700-800 thousand years ago.

Futsal coach Garcia selects players for friendly matches

 VietNamNet Bridge – National futsal coach Bruno Garcia has called up 20 players for friendly matches in Japan to prepare for the FIFA Futsal World Cup 2016 final round.

U.S. citizens can now get one-year Vietnam visas

 The National Assembly (NA) has passed a resolution approving a diplomatic note on issuing one-year multiple-entry visas for U.S. citizens.

Overseas Vietnamese director wins double prizes at TV drama making contest

Antony Nguyen, a Vietnamese American director, and his S45 team pocketed double prizes of VND3.06 billion (over US$137,000) for their sci-fi movie Rin at EVO8 – Hack The TV, a TV drama making contest to search for talent in the film industry.

HCM City pledges to back Fulbright University Vietnam

HCMC Party Secretary Dinh La Thang on Monday worked with chairman of the Trust for University Innovation in Vietnam Thomas Vallely on preparations for the coming establishment of Fulbright Vietnam University headquartered in HCMC.

Trade deficit with China drops

 Vietnam’s trade deficit with China in the first quarter of this year fell 15.6 per cent year-on-year to $6.5 billion, according to the General Statistics Office (GSO).

Chinese technology blamed for substandard products at biofuel plants

VietNamNet Bridge - Four out of seven biofuel plants have been found using Chinese technology, while three others using technology imported from China and other countries such as the US, Denmark and India.

Education Ministry tries in vain to offer vocational training at general school

VietNamNet Bridge - General school students all have vocational training, but the knowledge learned is rarely used in reality.

UK Foreign Secretary’s visit aims to enhance cooperation with Vietnam

 UK Foreign Secretary Philip Hammond intends to discuss how to further strengthen cooperation between the UK and Vietnam during his visit to Hanoi and Ho Chi Minh City on April 12-13.

Mekong Delta’s life depends on upstream waters

VietNamNet Bridge - Scientists have warned that the serious drought is just the ‘overture’ for a succession of blows that natural calamities and human activities will have on the Mekong Delta.

Vietnam learns to live without ODA

VietNamNet Bridge - Relending ODA (official development assistance) capital instead of allocating capital is one of the methods Vietnam could use the capital source more effectively as ODA for Vietnam will be cut in the near future.

Firms want clear transport fees

 Enterprises appreciated the Ministry of Transport's work to build a decree to regulate charges of marine transport and port services, said an official from an export association.

Naha, Hoi An cities agree on eco-city project

The old city of Hoi An in the central province of Quang Nam and Naha city, the capital of Okinawa Prefecture, have come to an agreement on the third phase of the Eco-city Achievement Support Project.

Vietnam in pot 4 for AFC U19 tournament draw

  The Asian Football Federation (AFC) has announced the seeds for the 2016 AFC U19 Championship final round draw to be held in Bahrain on April 30.

VN fencers grab Olympic tickets

 Vietnam pocketed two Olympic slots in fencing during Asia-Pacific zonal qualification matches in China yesterday.