Ho Chi Minh City to organize $1.5mn pyrotechnic, light shows on New Year’s Eve

Le Ton Thanh, vice director of the local Department of Culture, Sports, and Tourism told

Ho Chi Minh City authorities are planning to organize pyrotechnic and light shows, estimated to cost US$1.5 million, at an iconic skyscraper in the downtown area on New Year's Eve. Tuoi Tre (Youth) newspaper on Tuesday that the cost will be covered by sources mobilized from society. … [Read more...]

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Art & Entertainment News 3/11

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First 4DX theatre in Ha Noi to open next month Next month, the first 4DX theatre in Ha Noi will provide movie-goers the opportunity to enjoy international blockbusters like never before. The 4DX theatre will be opened at the Ba Trieu Vincom Centre by CGV Cinemas, who launched Viet Nam's first 4DX theatre at Hung Vuong Plaza in HCM City earlier this year. The CGV cinemas in Ha Noi and HCM City are the first to offer the group's latest technology. Hanoi to host Toyota Classics 2014 Toyota … [Read more...]

Political News 8/10

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FM appreciative of Vietnam-Norway cooperation Deputy Prime Minister cum Foreign Minister Pham Binh Minh has highlighted the fine Vietnam-Norway friendship and cooperation in politics, diplomacy, and development while urging expanded cooperation in economics, trade, and investment. … [Read more...]

Efficient Services For Enterprises

By Quang Tuan Kenichi Maekawa, manager of the Global Network Operations Center of KDDI Group in Vietnam, says two years ago the Japanese company surveyed locations in Southeast Asia to set up a center for supporting its global network. Finally, KDDI chose QTSC in HCMC as it met requirements such as software business growth potential, a contingent of engineers with a good command of English, good network infrastructure and reliable power supply to ensure continual operations and regular support … [Read more...]

Social News 6/8

VND2.3 trillion to be invested in upgrading Tan Son Nhat airport A VND2.3 trillion (US$108 million) project is set to begin in November to expand T2 International Terminal of Tan Son Nhat International Airport in Ho Chi Minh City. Minister of Transportation Dinh La Thang has approved the project of the Airports Corporation of Vietnam (ACV), which is scheduled to be completed in three years. Accordingly, three areas of the terminal will be expanded, raising the current 22,000 square metres in … [Read more...]

How pivotal is the US ‘pivot’ to the East Sea dispute?

Southwest Cay, part of the Spratly Island chain, is a small island controlled by Vietnam in the East Sea. Vietnam has built a fortified inlet, an army garrison and a number of support buildings on the island. Source: DigitalGlobe via Getty Images

China has not ceased upping the ante in the East Sea despite the US' words of support for its smaller neighbors, a gesture that has drawn great anticipation in Vietnam China has begun building a school on an island that it took from Vietnam illegally by force in 1974, two years after establishing a frontier settlement there to administer most of what the rest of the world calls the South China Sea. The Philippines said over the weekend that it had lodged a protest with Beijing for seizing a … [Read more...]

Vietnam needs to avoid provocation of China: experts

Chinese ships attack Vietnamese boats with water cannons. Photo: Vietnam Coast Guard.

VietNamNet Bridge - Vietnam should avoid China's provocation, and use force only when self-defense is needed. American naval strategist Alfred Thayer Mahan has said that the ability to dominate the ocean will decide the battle "between giants" in the 21st century. Beijing has been actively building navies for what it calls the "Far Sea Defense" strategy. But with carriers, submarines, and most recently, a mobile oil rig, the "defense" of China can turn to "attack" at any time. Historically, … [Read more...]

Japanese businesses invited to purchase Vietnam NPLs

(VOV) - The State Bank of Vietnam (SBV) governor Nguyen Van Binh has expressed hope that the Japan Financial Services Agency (JFSA) will encourage Japanese businesses to purchase Vietnam's non-performing loans (NPLs). Binh made the proposal at a working session in Hanoi on June 6 with Ryutaro Hatanaka JFSA Commissioner, adding the purchase is part of key cooperation between SBV and JFSA. The Vietnam Asset Management Company (VAMC), an arm of SBV, was set up last July to acquire NPLs from … [Read more...]

Vietcombank: Remarkable Business Performance

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In the context of unfavourable macro economy and banking system, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has presented its best effort as one of the leading commercial banks, contributing to the implementation of the policy of the State Bank of Vietnam (SBV) and to the macro economy stabilisation. With management perspectives of "Acute-Flexible-Drastic", the Board of Directors and the Board of Management have closely monitored changes in the business environment … [Read more...]

Over 500 cycle for environment in Ho Chi Minh City

The U.S. Consulate General" />   The "Let's Ride for a Green Environment" bike ride was jointly organized by the

Over 500 people joined a bike ride held in Ho Chi Minh City at the weekend. The bike ride focused on raising awareness for the people of protecting the environment. Saigon Economic Times newswire and the Sports Center in District 7, and sponsored by the U.S. Consulate General's American Center and Vietnam Intel Corporation. … [Read more...]

Social News Headlines 2/6

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Lean pork paste proved to emit light Information that lean pork paste was giving off light proved to be true and was witnessed by many people, said Truong Hoang Kien, deputy director of the Quang Ninh Food Safety and Hygiene Department. … [Read more...]

Foreign sources needed to settle bank debts: economists

VietNamNet Bridge - Economists have urged banks to look to foreign sources to settle their bad debts as Vietnam Asset Management Company (VAMC) has limited funds and can issue special bonds only. Do Manh Hung, deputy chair of the National Assembly's Social Affairs Committee, was quoted in Dau Tu newspaper as saying that the VAMC, with only VND500 billion in capital, was like a "doctor of a health care prevention center during an epidemic". Dr Le Xuan Nghia, the former deputy chair of the … [Read more...]

EVENTS SCHEDULED FOR MAY 20-31 (daily updated)

Sun 25 May 2014, 7 pm Hanoi Cinematheque 22A Hai Bà Trưng, Hà Nội At the end of the alley leading to Artist's Hotel Come to the screening of a classic version of Carmen by the composer Georges Bizet.

Rock Concert with Dissonant Nation Sat 31 May 2014, 8 pm L'Espace 24 Tràng Tiền, Hà Nội You are invited to the Rock concert with Dissonant Nation. With the resonating album titled WE play We are in their credit, the trio from Aubagne started a dynamic style of rock performed in 3 languages: French, English and Marseilles. Their energy guarantees to burn the night away! Expect a vigorous yet refreshing performance that will certainly bring in a good mood. Tickets: Ticket price: 120 000 … [Read more...]

EVENTS SCHEDULED FOR MAY 10-20 (daily updated)

Guitar Recital with Gabriel Bianco Tue 20 May, 8 pm L'Espace 24 Tràng Tiền, Hà Nội You are invited to the classical guitar recital with French artist Gabriel Bianco. Gabriel Bianco, born in 1988, was awarded "Classical revelation ADAMI" prize in 2011, promising a bright future for the young artist. With a list of diverse and unique repertoires, from Bach, Paganini to Turina or Villa-Lobos, the classical guitar talent performs powerful timbre and warm tone. Gabriel Bianco has … [Read more...]

European Film Festival to be held in Vietnam’s three biggest cities

The 2014 event will feature 14 films of various genres, including romance, drama, animation, action, thriller, and comedy.

The 15th edition of the annual European Film Festival will be organized in Vietnam's three biggest cities - Hanoi, Da Nang, and Ho Chi Minh City - from May 16 to 19. Most of the films screened are recent and have gained growing acclaim, notably by being selected in international film festivals and having won awards all over the world. … [Read more...]

European Film Festival 2014 in Hanoi, Danang and HCMC

Screening schedule in HCMC:

Cinema lovers from all walks of life in Vietnam are again offered a unique chance to embark on a cinematic journey around Europe through a rich line-up of films introduced at the European Film Festival 2014 (EFF2014). EFF2014 showcases Europe's fascinating diversity and rich cinema tradition, portrayed in 14 films from 14 different EU Member States. Viewers will be spoilt for choice with genres ranging from children's animated films, drama, romance, thriller, comedy to documentary. It is … [Read more...]

Lotte eyes US$2 bln high-end trading centre in HCMC

(VOV) -The Republic of Korea's Lotte retail group has received approval from Ho Chi Minh City authorities to proceed with construction of a US$2 billion international financial center. Lotte wants to further operations in Vietnam Lotte Mart inaugurated in Binh Thuan province RoK's Lotte Mart increases investment in Vietnam Covering 10 hectares, the complex will consist of world class commercial plazas, hotels, serviced apartments, and office suites. A spokesperson for Lotte said the … [Read more...]