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Energy projects to spark FDI growth

  The local energy sector is expected to be the next driver for foreign direct investment growth in Vietnam this year.

Another traditional festival drops violent ritual

Dak Lak’s authorities will replace the traditional buffalo stabbing ceremony at annual Buon Don Elephant Racing Festival this year with a symbolic ritual as part of an effort to stop violent activities at festivals.

The ‘Indian unknown’ in Vietnam’s smartphone market

VietNamNet Bridge - Will smartphones from India be able to find a position in the Vietnamese market?

Sunnylands and China’s activities in the East Sea

While the US President and the ASEAN leaders were discussing issues of regional security at Sunnylands estate in California, in the East Sea, Beijing started the construction of large-sized works in the Hoang Sa Archipelago of Vietnam.

Vietnam logistics sector and new opportunities

The rapid growth of Vietnam’s export-oriented manufacturing sector has boosted demand for logistics services. However, the local logistics sector has failed to meet demand. Many enterprises are now looking for the opportunities to join the sector.

Multiple banks suffered sizeable foreign exchange losses in 2015

 Many banks suffered losses in the foreign exchange market last year, according to their latest financial reports.

Investors scamper for Danang beachside estates

 VietNamNet Bridge – Beachside land in the centre of Danang City is being hunted by real estate investors because of the potential high profit due to the large number of tourists in these areas.

5-tone musical instrument of the Khmer

 VietNamNet Bridge – The Khmer in Vietnam’s Mekong Delta have inherited Angkor culture with influences from the local wet rice civilization and Chinese and Cham ethnic groups. But they have developed a distinctive musical treasure,

HCM City hopes to add more green space

 Green space has shrunk in HCM City because of urban development, but the city lacks the resources to develop concentrated green areas.

Mobile pay threatens banks: experts

 VietNamNet Bridge – Foreign tech giants are set to jump into the mobile payments market on both the paying and receiving sides of the transaction, thus posing a threat to local commercial banks payment market share,

Lang Son festival not so cocky after plagiarised genital claims

 Na Nhem Festival in Lang Son Province has been accused of imitating a festival from Japan as both have gigantic phallus on parade.

Hanoi hosts festival for bikers

The Harley-Davidson of Hanoi and the H.O.G, Hanoi Chapter, has held a motorcycle festival titled “Big Day 2016”, attracting thousands of bikers from around the country.

Finance Ministry clarifies tax rate

 The Ministry of Finance said a bad translation claiming that the tax-rate-to-profit ratio in Viet Nam was high, accounting for nearly 40 per cent of profit and undermining competitiveness, caused misunderstandings.

Ly Hoang Nam jumps to 884th in world tennis rankings

 Ly Hoang Nam of Vietnam has jumped to a career-high 884th in the world rankings.

Saigonese put high hopes on new Party Secretary Dinh La Thang

 VietNamNet Bridge – Illegal occupation of sidewalks, robbery, administrative reform, and food safety are among the problems many people expect that the newly-appointed Party Secretary Dinh La Thang can solve quickly.

Vietnamese artist portrays ‘strong women’ in paintings

 Vu Bach Lien will join another 21 artists from around the world in an exhibition titled Equilibrio that kicks off on March 1 in Malaysia.

Renault Russia starts to export cars to Vietnam

 Renault Russia has begun exporting cars assembled in Moscow and Tolyatti to Vietnam, according to reports on February 26.

Int’l Higher Education Day to be held early March

 The 2016 International Higher Education Day (IHED Vietnam 2016) will take place in Hanoi on March 5 and Ho Chi Minh City on March 6 with participation from 50 foreign universities.

Restaurant chains: Burger King encounters problems, others leaving market

VietNamNet Bridge - A series of restaurant chains, including Burger King, Golden Gate, Red Sun-ITI and Mesa Group have shut down one or many restaurants recently.

Vietnam wants OIF’s further support to French-language teachers

 Vietnam wants the International Francophone Organisation (OIF) to improve the capacity of French-language lecturers in the country, said an official.