Archive for June, 2012

Vietnam to cut refinance, discount rates 

June 30, 2012

  The State Bank of Vietnam said on Friday it will cut the refinance rate to 10 percent from 11 percent from July 1. It will also bring the discount rate to 8 percent from 9 percent, the central bank said in a statement. Reuters 

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Vietnam’s property giant Vingroup raises $300 mln via dollar bonds 

June 30, 2012
Vietnam’s property giant Vingroup raises $300 mln via dollar bonds 

Vingroup’s Vincom trading center in Hanoi Vingroup JSC, Vietnam’s largest listed real estate company in terms of market value, said it has issued US$300 million worth of convertible bonds, the second largest bond sale by an Asian company so far this year. Vingroup already raised $185 million via bonds three months ago. Another $115 million [...]

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Vietnam woman delivers rare natural quadruplets 

June 30, 2012
Vietnam woman delivers rare natural quadruplets 

   Tran Thi Tinh’s four babies at the intensive care ward in HCMC’s Tu Du Hospital on June 26 A Mekong Delta woman gave birth to quadruplets, all girls, at Tu Du Hospital in Ho Chi Minh City, the hospital said Tuesday. Tran Thi Tinh, 31, of Dong Thap Province was admitted June 20. The [...]

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English conductor to lead orchestra in HCMC Opera House concert 

June 30, 2012
English conductor to lead orchestra in HCMC Opera House concert 

Colin Metters will conduct a classical music concert at the HCMC Opera House on July 6 English conductor Colin Metters will lead the Ho Chi Minh City symphony orchestra in a concert to be held on July 6 at the city’s Opera House.   Metters, the professor of Conducting and Director of Conducting Studies at [...]

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3 Vietnamese architectural works win int’l green awards 

June 30, 2012
3 Vietnamese architectural works win int’l green awards 

   A corner of the Flying Bamboo bar at Flamingo Dai Lai Resort in the northern province of Vietnam. The bar, designed by Vo Trong Nghia, has won an international green award Three Vietnamese architecture works have won the 2012 Green Good Design Awards initiated by the US-based Chicago Athenaeum museum and the European Centre [...]

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Vietnamese fishermen rescue Cambodian stranded at sea 

June 30, 2012

  Border guards in Vietnam’s southernmost province of Ca Mau said they received a Cambodian national on Thursday who had been stranded at sea and was rescued by a Vietnamese fisherman on Monday. The man, known informally as La, said he worked for a Thailand’s fishing vessel and had an argument with a crew member [...]

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2 traffic cops face bribery charges in central Vietnam 

June 30, 2012

  Investigators from the Ministry of Public Security have proposed bribery charges against two traffic cops and their accomplice in the central province of Thanh Hoa, Tuoi Tre newspaper reported Thursday. Le Hong Duan, 37, and Nguyen Thanh Hai, 27, from Thanh Hoa police’s traffic division have been charged with demanding and accepting VND5 million [...]

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Foreign experts warn China against oil, gas bids in Vietnam waters 

June 30, 2012
Foreign experts warn China against oil, gas bids in Vietnam waters 

Carlyle Thayer of the University of New South Wales, Australia, calls China's recent inivitation for bids to explore nine oil and gas blocks in Vietnam's waters is an act of political revenge International experts have warned foreign companies not to respond to China’s recent invitation for bids to explore nine oil and gas blocks that [...]

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The motorbike-‘slaughter’ village

June 30, 2012
The motorbike-‘slaughter’ village

LookAtVietnam – Te Lo village in the northern province of Vinh Phuc is known for its special job: demolishing broken-down motorbikes to collect parts. Many people have become rich thanks to this job. Let’s visit Te Lo through photos:                               Infonet

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Dirty tricks played in “bidding war” to scramble for jobs

June 30, 2012
Dirty tricks played in “bidding war” to scramble for jobs

LookAtVietnam – The “contractor-investor’s war,” where involved parties play dirty ruses leads to the lack of transparency in bidding and causes a big waste of resources. The Ministry of Planning and Investment (MPI) believes that once e-bidding mechanism is applied, the problem would be settled. The “bogus investor” A new model of inviting for bid, [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

By

Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...