Archive for April, 2011

City bustling with fun activities for national holidays  The city is being festively decorated for the holiday weekend and bustling with fun activities for the whole family.                        Many of the city entertainment venues are busy these days preparing exciting activities and entertainment programs in order to mark the National Reunification Day (April 30) and [...]

LookAtVietnam – The “Buc Tuong” (The Wall) rock band will represent Vietnamese youth to perform at the ASEAN Youth Cultural Exchange Festival 2011 (AYCEF 2011) scheduled for Jakarta , Indonesia from April 30 to May 2.                    During the festival, the five-member band will sing a song in the style of Vietnamese folk music named [...]

LookAtVietnam – Despite plans to put on more trains during the national holiday from April 30 to May 3, it now seems unlikely they will be able to meet demand. Coaches are ready for passengers at the Southern Coach Station in Ha Noi. Transportation demand increases dramatically during the holidays, posing challenges to the transport [...]

VietNamNet Bridge – The Mekong Delta has hundreds of State-owned markets that are either vacant or are operating ineffectively because of inconvenient locations or high rental fees.   The Khanh An Commune Market in the Khanh An resettlement area in Ca Mau Province’s U Minh District opened in 2008 and had a few dozen traders, [...]

Vietnam cancels anti-gov’t cable network The southern province of Bac Lieu has revoked the license of Giata cable television network which aired programs damaging the government’s image. The Ministry of Information and Communications criticized Bac Lieu of loose management over its broadcasting and television stations. The ministry requested provincial authorities to punish those involved in [...]

LookAtVietnam – Coming to Tan Long commune, within the mountainous Huong Hoa District in the central province of Quang Tri. These days one will see bustling banana markets. Thanks to bananas, many people have built spacious houses and got rich. The banana market in Vay Village in Tan Long commune is always bustling. Traders come [...]

LookAtVietnam – Vietnam’s National Financial Supervisory Committee (NFSC) has forecast the exchange rate between the U.S. dollar and the Vietnamese dong will change little in the rest of the year, said Le Xuan Nghia, vice chairman of the committee. Nghia said that the forecast was based on U.S. inflation and exchange rate with other currencies. [...]

LookAtVietnam – The country’s export revenue in the first four months of the year surged 35.7 per cent over the same period last year to reach US$26.94 billion, the General Statistics Office estimated. Exports in April reached $7.3 billion, roughly $1.4 billion lower than the previous month. The office attributed the four- month figure to [...]

Malaysia’s Hong Leong Bank opens in Ha Noi The Malaysian Hong Leong Bank yesterday opened the Ha Noi branch – its second in Viet Nam, and introduced the priority banking service in this branch. Priority banking service is part of consumer banking, aiming at higher income customers. The service caters for individuals with opening balance [...]

LookAtVietnam – Finance and banking experts believe that with the measures to stabilize the foreign currency market, the dong/dollar exchange rate would be stabilized in the upcoming months. However, the dong interest rate would not decrease right now, because of the high consumer price index (CPI) increase in April. The CPI reportedly increased sharply by [...]