Egypt's security forces disperses new pro-Morsi sit-in in Cairo

 Egypt's security forces started on Thursday evening to disperse a new sit-in supporting ousted President Mohamed Morsi in Cairo, state TV reported.

VN to pay VND155 billion for Japanese contractor?

The Japan Times on August 12 reported that the Ministry of Transport of Vietnam has agreed in principle to pay VND155 billion of compensation to the Japanese contractor Tokyu for arising costs caused by the delay of the Nhat Tan Bridge project.

Health watchdog continues test on rice noodles

 The Vietnam Food Administration said that it would continue to test all fresh rice vermicelli products in the country following a scandal that rice noodles were contaminated with Tinopal whitening agent.

Phong Nha: Ten years like a dream!

 VietNamNet Bridge - Phong Nha - Ke Bang in Quang Binh province, in central Vietnam, is preparing to celebrate its tenth anniversary of being awarded the UNESCO world natural heritage title.

Nestle claims decades-long losses

 Nestlé Vietnam has reported accumulative losses since officially beginning operations in Vietnam 18 years ago, despite their strong market presence and rampant investment expansion.

The fun world in the glass box of Hanoi’s sugared dry fruit shop

 VietNamNet Bridge – A lively and exciting world is created in the glass box of a sugared dry fruit shop on Hang Duong Street, Hanoi, by products made by the shop’s owners.  

BUSINESS IN BRIEF 16/8

 VASEP rejects new shrimp tariffs; Wood processing sector still lacking in support industry; Banks forecast modest profits; Demand for Government bonds rises

Discovering a new species of snake in Vietnam

 VietNamNet Bridge - Three scientists at the Vietnam Museum of Nature and the Saint Petersburg Institute of Zoology, Russia has discovered and made public a new species of venomous snake.

Coffee businesses reveal debt woes

 Domestic coffee businesses were preparing to report their bad debts to the State Bank and related ministries by August 15, according to Nguyen Viet Vinh, general secretary of the Viet Nam Coffee and Cocoa Association (VICOFA).

Vietnamese billionaire lost VND3 trillion while missing Arsenal deal

Doan Nguyen Duc, the owner of the Hoang Anh Gia Lai Group, could have pocketed the profit of $152 million, or VND3 trillion, if he successfully have bought 20 percent of stakes at Arsenal football club.

Over-600-year history of Vietnam banknotes

 VietNamNet Bridge - The first banknote in the history of Vietnam's currency is the one called "Thong bao hoi sao" which was issued in 1396 by Ho Qui Ly. More than six centuries later, banknotes increasingly confirm its important position in life.

US anti-dumping focus turns to oil industry pipes

 The US Department of Commerce (DOC) has officially started anti-dumping duty investigation into oil country tubular goods (OCTG) imported from Viet Nam, according to the Viet Nam Competition Authority.

HCM City: Businessman arrested for million USD fraud

Chairman and CEO of the HCM City-based Forest Product and Handicraft Production, Import - Export Joint Stock Company (UPEXIM), was arrested on August 13 for acts of "fraudulent appropriation of assets."

Making petty trade on Internet now in fashion

 VietNamNet Bridge – As the land has become as expensive as gold,” petty merchants now tend to occupy retail premises on… Internet. More and more shops have appeared on websites, leased kiosks to social networks.

When Vietnam - Russia strengthen defense cooperation

Vietnam’s orders for Kilo submarines, Sukhoi Su-30 MK2 fighter aircraft, Svetlyak class high-speed patrol boats and Gepard frigates from Russia are considered not only purely commercial military operations.

Techcombank’s foreign CEO resigns

 VietNamNet Bridge - The British CEO of Techcombank, Mr. Simon Morris, has resigned. His position will be assumed by a member of the bank’s Board of Directors.

Football betting to be legal in Vietnam

VietNamNet Bridge – The National Assembly Standing Committee on Wednesday discussed the government’s draft decree on betting business for horse racing, dog racing and international football.

Many challenges for National Wage Council

 VietNamNet Bridge – Vietnam’s National Wage Council was launched on Tuesday, marking a shift from a solely Government-led minimum wage fixing mechanism into a new tripartite body which recognizes the participation of workers and employers.

Long-tailed monkeys returned to wild

 Seventy long-tailed macaques were yesterday returned to Ba Mun island in Bai Tu Long National Park, located in the northeastern province of Quang Ninh.

Goalkeeper sacked for poor form

 V-League team Xuan Thanh Sai Gon (XTSG) have fired goalkeeper Bui Tan Truong.

Firefighting drill takes place in HCM City (video)

 More than 3,600 people took part in a national-scale exercise to deal with fires at high-end building in downtown Ho Chi Minh City on August 14.

New York Steakhouse presents ventriloquist

 Famous French ventriloquist Christian Gabriel and his friend, monkey puppet Fredy, will entertain the city's residents from September 3 to 10.

Museum celebrates local artists

 Several prize-winning artworks and others recognised for their unique forms of expression are on display at HCM City's Fine Arts Museum.

Anti-State agitator gets sentence reduced

 The Appeal Court of the Supreme People’s Court in Ho Chi Minh City on August 14 commuted the prison sentence for a defendant convicted of “conducting propaganda against the State of the Socialist Republic of Vietnam.”

Storm Utor to dump heavy rains in northern region

 As of August 16, heavy rains and thunderstorms will hit northern mountainous provinces while Hanoi is expected to suffer rains of 50-100 mm.