Vietnam officially wins rights to broadcast ASIAD 2018
Vietnam officially wins rights to broadcast ASIAD 2018The Vietnam Television Corporation (VTC), a subordinate unit of the Radio Voice of Vietnam (VOV), on August 21 announced that it has earned the right to broadcast all sporting events within the Asian Games (ASIAD) 2018. Vietnam's male football team qualified for the next round after gaining all group matches at ASIAD 2018. On August 20, VOV started the process of purchasing ASIAD broadcasting rights. However, the company owning the rights in Vietnam is located in the US, making it difficult for the two sides to conduct direct discussions until the afternoon of August 20. The ASIAD 2018 has entered the third competing day on August 21.
Source:VietNamNet News
August 21, 2018 08:15 UTC
Finance companies finding it difficult to attract foreign capital
Finance companies finding it difficult to attract foreign capitalVietNamNet Bridge - Experts say the legal framework for consumer financing is still not open enough, creating difficulties in attracting foreign capital. Deputy CEO of Ernst & Young Nguyen Thuy Duong said the high consumer credit growth rate in recent years has attracted many regional investors. However, the legal framework is believed to be the major obstacle that makes finance companies find it difficult to lure foreign investors. After the restructuring of the credit institution system in 2011-2015, many finance companies were reshuffled through M&As, which drove the consumer finance sector to healthy development. According to the Credit Information Center (CIC), consumer credit has grown by 36 percent compared with early 2017.
Source:VietNamNet News
August 21, 2018 05:15 UTC
Phu Quoc waste treatment project to be revoked
Phu Quoc waste treatment project to be revokedVietNamNet Bridge – Residents in Kien Giang Province have asked Phu Quoc Economic Zone Management Board to take away the licence of a waste treatment centre that is causing headaches for them. Kien Giang Province asks the Phu Quoc Economic Zone Management Board to complete procedures to revoke the project of building a waste treatment plant on the island. The Phu Quoc Waste Treatment Plant was designed to dispose of 200 tonnes of rubbish each day. The province, as well as the district, had considered the Phu Quoc Waste Treatment Plant project a good solution for the garbage crisis on the island. However, delays of the waste treatment plant has seriously affected the work of waste treatment on Phu Quoc as the amount of waste left at the dumping site is on the rise, causing environmental pollution.
Source:VietNamNet News
August 21, 2018 05:03 UTC
Rural female artist reinvigorates cai luong
Through singing, cai luong artists preserve the country’s spirit. She began her professional career when she was 16 after winning a top prize at the Cao Van Lau Cai Luong Voice, a singing contest seeking young talents by Cao Van Lau Cai Luong Theatre. She has turned down many opportunities in the city to work for Cao Van Lau Cai Luong Theatre. Meritorious Artist Ngoc Doi and her colleagues from the Cao Van Lau Cai Luong Theatre often volunteer to perform for people who live in remote areas. — Photo courtesy of Cao Van Lau Cai Luong Theatre“I wanted to develop my career here, my hometown.
Source:VietNamNet News
August 21, 2018 05:03 UTC
Illegal parking spots spring up in Hanoi
Illegal parking spots spring up in HanoiVietNamNet Bridge – With space limited in downtown Hanoi, parking spaces are at a premium. This was one of the reasons for illegal parking spaces. I think in order to wipe out the illegal lots, the city should build more underground and car parking buildings," he said. Besides the tentative parking lot at Quan Ngua Stadium, Hanoi’s authorities are collaborating with investors to study the feasibility of building parking lots at other municipal areas, reported Tuoi tre (Youth) newspaper. Last year, nearly 500 illegal parking lots in the city were discovered by the Ha Noi Police.
Source:VietNamNet News
August 21, 2018 04:18 UTC
Vietnam needs a public transaction floor for bad debts
Vietnam needs a public transaction floor for bad debtsNguyen Tri Hieu, a banking expert, tells Hai Quan (Customs) newspaper that the Government should appoint an agency to develop an official transaction floor for buying and selling debt. However, over the last five years, just 1.4 per cent of the bad debt ratio was reduced. The issuance of Decree 42 has introduced new measures on how to settle bad debt issues legally. To establish a market for buying and selling bad debt, what do we need to pay attention to? At present, VAMC buys bad debts through the issuance of special bonds.
Source:VietNamNet News
August 21, 2018 04:18 UTC
Remittances to Vietnam expand despite rise in USD price
Remittances to Vietnam expand despite rise in USD priceRemittances to Vietnam have increased despite the rise in USD price against other currencies and the zero interest rate for foreign currency savings, factors experts said would impact remittance flow. In the first seven months of 2018, Ho Chi Minh City received 2.9 billion USD worth of remittances, 20 percent higher than the same period last year. The country’s macro economic and exchange rate stability means remitttances are converted into VND instead of retained in dollars. Banks pay zero interest on the greenback. Meanwhile, a savings interest rate of 7-8 percent in Vietnam means converting remittances into VND and depositing them is still highly profitable, he added.-VNA
Source:VietNamNet News
August 21, 2018 03:56 UTC
Crazy Rich Asians tops US box office in weekend debut
Crazy Rich Asians tops US box office in weekend debutCrazy Rich Asians beat expectations to take the top spot at the US box office on its opening weekend. 'Crazy Rich Asians' is seen as a turning point for Asian representation in Hollywood -- Photo: WARNER BROTHERSThe Warner Brothers film starring Constance Wu and Henry Golding is the first romantic comedy in three years to take the top spot. Since it opened five days ago, the film - which cost $30m (£23.5m) - has made an estimated $34m at the box office. Adapted from Kevin Kwan's bestseller, Crazy Rich Asians tells the story of an Asian-American woman who gets a culture shock meeting her boyfriend's ultra-wealthy family in Singapore. Spacey and Elgort's last film together, 2017's Baby Driver, took more than $20m at the box office in its opening weekend as a comparison.
Source:VietNamNet News
August 21, 2018 03:33 UTC
Great British Bake Off contestants revealed for 2018
Great British Bake Off contestants revealed for 2018This year's Bake Off Contestants -- Photo: CHANNEL 4A techno DJ, research scientist and banker are just three of the contestants vying for this year's Great British Bake Off crown. He likes to bake after a long day at work and says he will be trying lots of experimental techniques in the Bake Off tent. Banker Antony, 30, also grew up in India and learned to bake there with his father. He says he has baked since he was 10 so will be bringing some experience to the Bake Off tent. The new series of The Great British Bake Off, hosted by Noel Fielding and Sandi Toksvig, will begin on Channel 4 on August 28 at 8pm.
Source:VietNamNet News
August 21, 2018 03:11 UTC
Hue to upgrade famed Dong Ba Market
Hue to upgrade famed Dong Ba MarketVietNamNet Bridge – The central province of Thua Thien-Hue is reviewing the operation of the region’s biggest traditional market, Dong Ba, in a scheme to upgrade the trade centre. View of Dong Ba Market at night. The options will be a wholesale market, tourism market, or a mixture of both styles. It is a wholesale market supplying local food and handmade items to neighbouring localities of Quang Binh, Quang Tri and Da Nang. It is one of three famed markets in the country, along with Dong Xuan Market in Hanoi and Ben Thanh Market in HCM City.
Source:VietNamNet News
August 21, 2018 02:48 UTC
Track and field athletes ready to seek golds at ASIAD
Track and field athletes ready to seek golds at ASIADVietNamNet Bridge – Vietnamese track and field athletes will leave for Indonesia tomorrow, aiming for at least one gold medal at the ongoing 18th Asian Games (ASIAD) 2018. Long jumper Bui Thi Thu Thao is ready to take part in the Asian Games in Indonesia. “After the HCM City event, Thao’s form is stable and she is ready to take part in the Asian event,” said Thao’s coach, Nguyen Manh Hieu. After ASIAD, Thao plans to retire from competition to become a mother. Meanwhile, runner Lan will compete in 200m, 400m, 400m hurdles, 4 x 400m relay of the women’s team and 4 x 400m of the mixed team.
Source:VietNamNet News
August 21, 2018 02:37 UTC
New signs from Vietnam’s e-book market
New signs from Vietnam’s e-book marketVietNamNet Bridge - With 55 million internet and smartphone users, ebooks are becoming more common in Vietnam’s publishing industry. In Vietnam, where printed books are still dominant, ebooks are getting more popular thanks to new ways of approaching readers. Even independent ebook distributors such as Waka, Alezza and Komo have limited numbers of famous books which can attract special attention from readers. Even independent ebook distributors such as Waka, Alezza and Komo have limited numbers of famous books which can attract special attention from readers. RELATED NEWSEbook and print book to live in harmonyPromoting e-book market in VietnamThanh Lich
Source:VietNamNet News
August 21, 2018 02:15 UTC
Social News 21/8
An experience exchange in smart city building as well as discussions on Japanese culture, education, and literature were also organised. He stressed the importance of exchange and cooperation activities between Quang Nam and its Japanese partners in deepening Vietnam – Japan friendship. The three-day summer camp lured the attendance of 150 Vietnamese students from 19 European countries. First-ever Vnese book stall in Japan opened“Vietnamese book week in Japan” was kicked off at Kinokuniya bookstore in Tokyo, Japan yesterday. It is expected that the second Vietnamese bookstore in Osaka city will also be opened to public soon.
Source:VietNamNet News
August 21, 2018 01:41 UTC
Blockchain may help prevent exam cheating in VN?
Blockchain may help prevent exam cheating in VN? VietNamNet Bridge - After a series of exam cheating scandals in northern provinces were discovered, some university lecturers suggested using blockchain technology to prevent cheating. After a series of exam cheating scandals in northern provinces were discovered, some university lecturers suggested using blockchain technology to prevent cheating. If using data blockchain of Vietnamese citizens, the data will be compulsory in other countries in the blockchain network. Thanh affirmed that using blockchain to prevent exam cheating is not feasible at this moment.
Source:VietNamNet News
August 21, 2018 01:41 UTC
A Rem ethnic minority take oath to protect forests
A Rem ethnic minority take oath to protect forestsVietNamNet Bridge - The A Rem ethnic minority in Tan Trach commune of Bo Trach district in Quang Binh province swear that as long as they live, the ancient forests will exist. Their hamlet is located in the core area of the Phong Nha-Ke Bang forest heritage, where the biodiversity is exposed most clearly. Their hamlet is located in the core area of the Phong Nha-Ke Bang forest heritage, where the biodiversity is exposed most clearly. In Tan Trach commune, everyone is very aware of the need to protect forests. A taskforce with 12 members has been set up which is in charge of working with forest rangers to protect the forests.
Source:VietNamNet News
August 21, 2018 01:41 UTC