Vietnam’s Dragon Bridge honored at int’l lighting awards

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Fear and loathing at Hotel Babylon

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So now a huge Hardcore Sunnistan stretches all the way from the suburbs of Aleppo to Tikrit and from Mosul to the Jordanian/Iraqi border - the same one that dissolved in 2003 when Shock and Awe turned into Mission (Un)Accomplished. In an eerie echo of Dick Cheney's army's footprints reverberating in the sands of Anbar province, the Islamic State of Iraq and al-Sham (ISIS) and their coalition of the willing (jihadis, Islamists, Ba'athists and tribal sheikhs) now pose as the "liberators" of … [Read more...]

Dictator nostalgia in Indonesia

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Indonesia's election next month was supposed to be a progressive turning point: one reformer passing the baton to another, and promising to lift Southeast Asia's biggest economy. Instead, it's looking like a march backward in ways that should worry investors and world leaders alike. I'm not endorsing a successor to President Susilo Bambang Yudhoyono ahead of the July 9 contest. But it's breathtaking to see favorite Joko Widodo blow a race that was his to lose. A month ago, the 53-year-old … [Read more...]

Vietnam model shines in fashion show at New York’s tallest building

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Vietnam sees FDI backlash citing reckless tax breaks, poor oversight

A Japanese firm produces electronic equipment in Ho Chi Minh City (Photo: VNA)

Tightening administrative procedures, upgrading infrastructure and increasing the caliber of human resources will better serve Vietnam in luring foreign investment than offering too many tax breaks, economists say. The granting of investment incentives must become more selective since it's a very expensive strategy, said Brian Portelli from the UN Industrial Development Organization (UNIDO) during the release of the Vietnam Industry Investor Survey on Thursday. A reckless distribution of … [Read more...]

Vietnamese firm did not bribe to win Filipino rice deal, official says

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Vietnam's agricultural ministry on Friday denied an allegation that state-owned company Vinafood had paid kickbacks to Philippines officials to win a contract for supplying 800,000 tons of rice in April. … [Read more...]

Philippines increases Vietnam rice imports to curb record prices

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The Philippines will boost rice imports from Vietnam to a total of 1 million metric tons this year as Asia's second-biggest buyer battles retail prices that have surged to a record. State agency National Food Authority will continue to supply increased amount of subsidized rice to the market from its reserves until September, Francis Pangilinan, secretary for food security, said in a statement today. The NFA will order 200,000 tons from Vietnam, the world's third-largest exporter, in addition … [Read more...]

Work/life balance critical to Vietnamese grads: survey

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More than one in two university students in Vietnam considers "a proper work/life balance" their top priority upon graduation, according to the results of a new survey released by the global branding firm Universum. … [Read more...]

Vietnam beats rivals as economy braves China storm

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Vietnam second-quarter GDP growth quickens as dong devalued

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Vietnam's economic growth quickened in the second quarter as the outlook for exports improved after the dong was devalued for the first time in a year. Gross domestic product rose 5.25 percent in the second quarter from a year earlier, according to data released by the General Statistics Office in Hanoi today. That compares with a revised 5.09 percent pace in the three months through March. The economy expanded 5.18 percent in the first half from a year earlier, compared with a median estimate … [Read more...]