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24 Mortgage Tips and Tricks
This FREE, ready-for-download eBook details 24 tips and tricks for saving money with your mortgage. Download now! Continue reading “24 Mortgage Tips and Tricks” »
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AdSense Income Blueprint
This FREE eBook includes a guide to building websites that earn money. Learn how to design and monetize sites, and turn them into Virtual Real Estate. Download today!
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Thanks for the ride
Bicycle trip gives visitors a sense of the real Vietnam, and a chance to do some good
Twenty-three-year old Camille Steyaert from Belgium was on her second day in Vietnam and she wore a puzzled frown on her face.
“Why are they so many dilapidated, bare houses standing between such luxurious buildings like palaces here?” Steyaert, a third-year student of architecture in London, UK, asked me this question as we traveled by bus from Ho Chi Minh City to the Hau Giang Province in the Mekong Delta. Continue reading “Thanks for the ride” »
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Hanoi Gucci shop fined for doing business in dollars
The State Bank of Vietnam has fined a Gucci showroom in Hanoi VND75 million (US$3,598) after the police caught an employee receiving $300 in payment from a customer, online newspaper Dan Tri reported.
Following a surprise raid on January 5 the officers also seized dollar bills worth $700 from the shop situated on Ly Thai To Street and ordered the shop to stop accepting foreign currencies.
Last October penalties for foreign currency violations were increased, with the maximum fine raised to VND500 million ($24,000). Continue reading “Hanoi Gucci shop fined for doing business in dollars” »
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Vietnam approves new fund to fight bird flu
Vietnam has approved a new US$23-million fund to tackle bird flu after new strains of the virulent disease emerged in the communist country this year, the health ministry said.
The fund, made up of $13 million of aid and $10 million in loans from donors, aims to improve co-ordination between officials in the health and agricultural sectors, according to the ministry’s website.
“Bird flu broke out again this year with complex and unpredictable signs,” it quoted Deputy Minister of Health Nguyen Thanh Long as saying.
“There is currently no vaccine or effective drugs to treat people who have picked up bird flu,” he said.
The ministry will upgrade its preventive medicine systems and explore new treatment to prevent the spread of the disease to humans, he said, adding that it was the ministry’s top priority. Continue reading “Vietnam approves new fund to fight bird flu” »
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Nail job inspired film to be screened in Vietnam
Romantic drama Cham (Touch) by Vietnamese-American director Nguyen Duc Minh will be screened on March 30 at Galaxy Cinemas nationwide, 20 days after its debut in America, the Saigon Tiep Thi (SGTT) newspaper reported this week.
Touch, Minh’s first film, is set in the “nail job,” a vocation that employs many Vietnamese people in the US.
It is about a special friendship between a shy Vietnamese-American manicurist and an American mechanic.
She not only cleans his greasy hands, but also gives advice on his marriage, which is on the rocks. Continue reading “Nail job inspired film to be screened in Vietnam” »
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Vietnam risks economic stability if policy eased: IMF

Vietnam's inflation is expected to slow to about 9 percent in 2012 and is under control, Prime Minister Nguyen Tan Dung told the Consultative Group.
Vietnam may undermine progress toward economic stability if it loosens monetary policy now, the International Monetary Fund and World Bank said as the nation struggles with the fastest inflation in Asia.
“The authorities need to move rapidly and decisively to ensure financial sector soundness while re-establishing macroeconomic stability,” Sanjay Kalra, the IMF’s resident representative in Vietnam, said in comments prepared for a conference in Hanoi Tuesday. “Failure to do so, or even loosening policies now, would jeopardize the gains already made.”
Vietnam faces an inflation rate close to 20 percent, a trade deficit, slowing economic growth and risks in the banking sector. The government said Tuesday gross domestic product may climb about 6 percent this year, lower than 6.8 percent in 2010, and Kalra said a transparent framework for recapitalization and consolidation in the financial sector is “urgently needed.” Continue reading “Vietnam risks economic stability if policy eased: IMF” »
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Vietnam rule on retail chains is ‘discrimination,’ group says
Vietnam’s rule requiring foreign retail chain operators such as Tesco Plc to meet an economic needs test for starting more than one store in the nation is “discrimination,” a trade group said.
The test “appears to be a market access barrier to foreign invested enterprises to expand,” the European Chamber of Commerce in Vietnam said in a report released on December 1. That regulation needs to be changed to lure more overseas investment in the sector, according to the group.
Vietnam’s 25-year-old goal of attracting foreign investors to set up manufacturing hubs in the country has been dented by labor disputes that have hurt the nation’s appeal as a low-cost alternative to China. Pledged foreign direct investment in Vietnam is forecast to drop to $15 billion in 2012 from an estimated $17 billion this year, the government said in October. Continue reading “Vietnam rule on retail chains is ‘discrimination,’ group says” »





