Former CEOs jailed for deforestation

Eight former officials were sentenced to between ten months' probation and three years in jail by the People's Court of Central Highland Dak Nong Province for causing the loss of over 1,300 hectares of forests.

Danish aid supports art projects in VN

Eight new contemporary art projects of national and foreign artists in Vietnam will get US$100,000 financial support from the Danish Vietnamese Cultural Development and Exchange Fund (CDEF) in late 2013.

BUSINESS IN BRIEF 29/11

 GE to expand operations in Vietnam; Vietnam’s bond market fastest growing in East Asia; Mekong Delta strives to remain as top rice granary; Vietnamese bank makes deal with foreign consultant

Nhu Thao competes in Asia’s Next Top Model

 VietNamNet Bridge – Phan Nhu Thao has outclassed other Vietnamese candidates to represent the country at Asia’s Next Top Model 2013.

Food bosses get up to 30 years in jail

VietNamNet Bridge – A HCM City court on November 27 handed down sentences of seven to 30 years to five defendants involved in embezzlement of funds at the Viet Nam Food Industries Joint-Stock Company from 2002 to 2006.

Striving for 12 percent credit growth rate – what for?

 VietNamNet Bridge – While the State Bank repeatedly urges commercial banks to push up lending, economists believe there’s no need to strive for the 12 percent credit growth rate in 2013, if this brings risks.

Nam wins second game at Mexican Yucatan Cup

 Ly Hoang Nam won his second match at the Yucatan Cup tennis tournament in Mexico yesterday.

Natural heritages not yet properly exploited

 VietNamNet Bridge – Scientists have warned that the negative impacts caused by the climate change and the human’s unreasonable treatment have both put Vietnam’s natural heritages at risk of getting damaged and polluted.

UN, WB outline plans to mobilize financing for sustainable energy for all

The United Nations and the World Bank on Wednesday announced a concerted effort by governments, international agencies, civil society and the private sector to scale up financing to provide sustainable energy for all,

Vietnamese cuisines in the lens of German artist

 VietNamNet Bridge – Popular dishes of Vietnam like fish sauce, dried anchovies, nem lui ... look different in photos by German photographer Astrid Schulz.

Vietnam pays a heavy price for sugar production protection

 VietNamNet Bridge – Vietnamese consumers have to pay VND4 trillion more every year for the gap between the domestic and the international sugar prices.

Vietnam back to AFC Champions League after three seasons

The Asian Football Confederation has raised the number of teams for the play-off of AFC Champions League from 6 to 18, and V-League champion Hanoi T&T has the opportunity to attend the playground where Vietnam had been considered to be substandard.

Vietnam Coast Guard receives most modern patrol ship in Southeast Asia

VietNamNet Bridge - CSB 8001 patrol ship, which is the most modern of its kind area in the region, was delivered to the Coast Guard Region 3 on Thursday, November 27.

7 injured in foot overbridge collapse in eastern India

At least seven people were injured when a foot overbridge collapsed at a railway station and caved in on a passing goods train in the eastern Indian state of Bihar Wednesday,

Da Nang, Hoi An receive “2013 Asian Townscape Award”

 Central Da Nang city and Hoi An town (Quang Nam province) have recently been chosen for the 2013 Asian Townscape Award by UN-Habitat Regional Office in Asia.

National Assembly adopts amended Constitution

 VietNamNet Bridge – The National Assembly (NA) passed the draft amendments to the 1992 Constitution with nearly 98 percent of votes on November 28 morning in a session broadcast live on the national TV and radio.

Sand miners still outwit officials

 VietNamNet Bridge – Excessive sand mining, which is illegal, has damaged many rivers in the central region, causing severe erosion and disrupting the daily lives of local residents, local reports say.

50 int’l, local artists join Hanoi New Music Festival

 VietNamNet Bridge – The Hanoi New Music Festival 2013, the first-ever experimental music festival of its kind, kicks off in the capital on Saturday and finishes up on December 8.

Football clubs struggle in hard economic times

 VietNamNet Bridge – The Vietnam Professional Football Company (VPF) said that local football clubs will continue to face serious financial difficulties over the next two years.

Vietnam, Algeria agree to boost friendly exchanges

Chairman of the Algeria-Vietnam Friendship Association (AVFA) Tayeb Cherfaoui and Vietnamese Ambassador to Algeria Vu The Hiep have agreed on measures to further boost friendship between the two countries in the future.

NA adopts resolutions on hydropower works, crime prevention

 VietNamNet Bridge – National Assembly deputies have approved resolutions on strengthening the planning, management and exploitation of hydropower works and intensifying the prevention of criminal activity.

Property market: doors open to foreigners, but locked to Vietnamese

 VietNamNet Bridge – While Vietnam has opened its doors widely to welcome foreign investors to the domestic real estate market, it still prohibits Vietnamese investors to mortgage real estate at foreign banks for loans.

Singaporean bank withdraw funds from VPBank

VPBank has parted its only foreign strategic shareholder – Singaporean bank Oversea-Chinese (OCBC) after this partner sold all of its shares at VPBank (more than 85.8 million shares), equivalent to nearly 15 percent of the charter capital.

Tuvalu flag tanker on fire near Truong Sa Islands

VietNamNet Bridge – Yesterday morning, November 27, the tanker Theresa Bitung of Tuvalu sent a distress signal when its engine room caught on fire and the crew completely lost control over the ship.

Vietnam’s information security index 11.5% higher than 2012

 VietNamNet Bridge – The 2013 information security index of Vietnam – VNISA Index 2013 – has been improved significantly, but high risks still exist.