BUSINESS IN BRIEF 6/9

 Samsung keen on Vietnam’s electricity sector; RoK supports chilli farming in Ninh Thuan; Vietnam sees rise in global competitive capacity; Viet Nam becomes more competitive

VAMC cuts annual debt target

VietNamNet Bridge – The Viet Nam Asset Management Company (VAMC) may fall well short of its target to remove VND70 trillion worth of non-performing loans from the nation's banking sector this year.

Damascus hotel hosts fleeing families, not tourists

 These are the new "tourists" in Damascus: families fleeing the violence in their hometowns who now live in decrepit hotels, packed into tiny spaces where they even cook in bathrooms.

Flood disaster: 25 swept away, two die, 11 missing

 VietNamNet Bridge – Twenty five teachers asleep in their bungalows were swept away by flash floods in northern Lao Cai Province last night (Sept 4). Two of them were later found dead and 12 are still missing.

Easy wins propels Minh into third round

 Viet Nam's top player, Nguyen Tien Minh, has qualified for the third round in the Yonex Chinese Taipei Open 2013 after defeating Yang Sheng-Jie in straight sets in the second round.

Ha Long to offer seaplane service

 VietNamNet Bridge – The Civil Aviation Administration of Vietnam (CAAV) has discussed with the authorities of Quang Ninh Province the preparation of seaplane services in Ha Long.

Hue monuments on exhibition

 VietNamNet Bridge – The Hue Monument Conservation Centre is exhibiting 34 posters that tell the stories of Hue's royal monuments from the end of feudal era to the present.

Cooling down at Hoa Binh Waterfall

VietNamNet Bridge – The heavy rain in Saigon these days cannot shift the searing heat. Those wishing to escape should head to Hoa Binh Waterfall in Ba Ria-Vung Tau to enjoy the cool atmosphere and great landscape of forest,

Japan's economy 'recovering moderately'

 The Bank of Japan on Thursday issued an upbeat assessment of the world's third-largest economy, saying it was "recovering moderately", and held off expanding its huge stimulus programme.

New ginger species discovered in Binh Phuoc

 VietNamNet Bridge – The Southern Institute of Ecology has announced its discovery of a new species of ginger in the Bu Gia Map National Park in the central province of Binh Phuoc.

Vietnamese rice exporters raise difficulties for themselves

When the domestic rice price goes up, export companies immediately cancel the export contracts signed with foreign partners before to avoid loss. However, even when the export price goes down, they cannot get new orders.

ECB walks 'on eggshells' as eurozone recovers

 The European Central Bank will face a dilemma at its policy meeting on Thursday as the nascent recovery in the crisis-stricken euro area remains extremely vulnerable to setbacks.

Eight SOEs officials suspended for huge salary

 VietNamNet Bridge – Saying that the violations at the four public companies are very serious, the authorities of HCM City have suspended the directors and chairs of these firms for investigation.

Dong Thap: Six people suffocated in fish oil tank

 VietNamNet Bridge – Not seeing colleagues who entered a fish oil tank to collect samples to return, five others turn by turn came in to check and all of them died of suffocation, including the director and deputy director.

Hanoian architects create virtual capital

 VietNamNet Bridge – A new project run by a group of young architects and graphics experts will use 6-dimensional (6D) technology to recreate a virtual capital by restoring ancient sites.

Oil, gas important to VN-Russian ties

In developing the strategic partnership between Vietnam and Russia, co-operation in the energy sector, especially oil and gas, plays an extremely important role, Prime Minister Nguyen Tan Dung stated.

Chinese game of collecting poisonous weed, mushrooms

People have been flocking to the forests to collect forestry products to sell to Chinese merchants, making the special use forest resources depleted and hindering the local socio-economic development.

Expats enjoy low house rents in economic recession

 VietNamNet Bridge – Vietnamese landlords have to lower the rents and offer more preferences to retain foreigners – the VIP clients who never delay their payment – in the context of oversupply.

Rare disorder syndrome found in HCM City

 VietNamNet Bridge – A case of Vohwinkel – a rare disorder syndrome causing limb self-amputation has been found for the first time in Ho Chi Minh City, said the Cho Ray Hospital on August 29.

Tra fish subject to high US duties again

 VietNamNet Bridge – The US Department of Commerce has decided to impose new anti-dumping taxes on tra (Pangasius) fish fillets imported from Vietnam.

Le Quang Liem FIDE ranking expected to rise to 35th

VietNamNet Bridge – Top Vietnam chess star Le Quang Liem, with elo points of 2702, is ranked 45th out of the world’s best 100 players in the latest FIDE rankings for September, down three notches from August.

Young actress banned from performing for pole dance

Model and actress Angela Phuong Trinh has been temporarily suspended from performing because she pole danced scantily clad.

VietJetAir unexpectedly announces profit and prepares for IPO

 VietNamNet Bridge – The only operating private airline in Vietnam has unexpectedly announced a profit in its second year of operation.

HCM City needs more teachers

 VietNamNet Bridge – The HCM City Education and Training Department has recruited 1,900 teachers for the city’s general schools. However, it still needs 1,200 more.

VN phone manufacturers determined to fight to the finish

Vietnamese mobile phone brands can be compared with a mass of vegetable sprouts. Seeds have been sowed on the fertile soil and sprouts have been springing up like mushroom. However, the sprouts would fall down just after a rain.