National U22 football team selects 60 players for try outs The Vietnam Football Federation (VFF) has chosen 60 players to try out for places on the U22 national team led by coach Mai Duc Chung. Some of those chosen include Van Quyet, Hoang Thinh, Au Van Hoan, Buu Ngoc, Thanh Hoa, Danh Ngoc, Gia Tu, Hoang Thien, Xuan Hieu, Nhat Nam and Van Nam. Coach Chung will select 26 – 30 players to make up the final team. The selected final team members will gather in Hanoi on June 5 and then travel to the Czech Republic for a two week training course. The U22 team is scheduled to compete in the U22 Asian Cup in Myanmar from June 22 to July 9. Vietnam will be playing in the group that includes the Republic of Korea, Malaysia, Myanmar, Taiwan (China) and the Philippines.VNTennis Championship opens The final round of the VNTennis 2012 tournament opened in Hanoi on May 5. Tennis has been developing strongly in Vietnam in recent years and this year’s competition has attracted nearly 300 … [Read more...] about SPORTS NEWS 5/5
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Jetstar airfares on sale for HCM City-Chu Lai The low cost carrier Jetstar Pacific is officially offering flights between Ho Chi Minh City and Chu Lai, facilitating travel for residents in the central provinces of Quang Nam and Quang Ngai and its vicinity. On the occasion, fares as low as 250,000 VND (11.6 USD) are on sale from 11 am on April 22 to 24 for flights departing from May 19 to 28 and September 7 to October 22. Flights between Ho Chi Minh City and Chu Lai run three round trips per week on Tuesdays, Thursdays and Saturdays, departing from Tan Son Nhat International Airport at 11:20 am. Returning flights will take off from Chu Lai at 13:10. Tickets are available on www.jetstar.com and at registered ticket agents. This is the eighth domestic air route offered by Jetstar Pacific in the first four months of the year, including flights from Ho Chi Minh City to Quy Nhon, Dong Hoi and Tuy Hoa and from Buon Ma Thuot to Thanh Hoa and Hai Phong. The carrier is also offering tickets from … [Read more...] about Travel News
Ha Long Bay Leads in Current World Wonders Voting
Ha Long Bay Leads in Current World Wonders Voting Ha Long Bay of Vietnam jumped to the first position in the second phase of the voting for seven new world wonders on New Open World’s website www.new7wonders.com by 5 pm GMT February 20, according to the Vietnam Administration of Tourism. by 5 pm GMT February 20, according to the Vietnam Administration of Tourism. Ha Long Bay , which was recognized as a world natural heritage site for landscape value in 1994 and geological value in 2000 by the UNESCO, has left behind 76 of the top 77 official nominees in the current live ranking on the website, and more than 200 recommended wonders in the world. The second and third position belonged to Bangladesh’s Cox’s Baza Beach and Sundarbans Forest. Vietnam’s two other beauty spots – Phong Nha-Ke Bang National Park and Fansipan Mountain – were selected as the third and fifth most favorites. The voting is currently in its second phase of the four phase … [Read more...] about Ha Long Bay Leads in Current World Wonders Voting
Bad debts spell bad news for banks
There has been much discussion lately about non performing loans (NPL) and whether or not Vietnam has the expertise to help with what is a critical issue for the banking sector and the property market. Leon Cheneval, associate director and senior NPL consultant from CBRE Vietnam expressed his thoughts to VIR on this issue. The NPL market in Vietnam appears to be open for business and how we got here has been a long story. There is however an urgent need to stop talking and start acting as many experts have predicted the property market can’t recover until the NPL issue in Vietnam is resolved either via the Vietnam Asset Management Company (VAMC) or other routes. Vietnam’s banks seem to be currently struggling with a lack of expertise in NPLs. It is clear that existing approval teams don’t have the necessary skill sets to carry out the analysis or to process, assess and then make practical and set procedures to resolve an NPL on a property. The skills needed for … [Read more...] about Bad debts spell bad news for banks
POLITICAL NEWS IN BRIEF
NA leader hosts reception for NZ ambassador National Assembly Vice Chairwoman Nguyen Thi Kim Ngan received New Zealand Ambassador to Vietnam Heather Mhairi Riddell in Hanoi on Friday. Ngan expressed her wish that the Vietnamese and New Zealand parliaments will enhance cooperation in training and improving capacity of NA deputies, especially full-time deputies. The NA leader also affirmed that Vietnam always creates favorable conditions for businesses of the two countries to promote trade and investment cooperation. For her part, Ambassador Heather Mhairi Riddell praised Vietnam’s efforts to control inflation, ensure social security and stable growth. The NZ diplomat pledged to do her utmost to promote all-round cooperation between the two countries and create favorable conditions for NZ and Vietnamese businesses to cooperate. New Zealand has granted 30 scholarships to Vietnamese students and is implementing an initiative for young Vietnamese entrepreneurs to study and exchange … [Read more...] about POLITICAL NEWS IN BRIEF