Private sector continues to grow

VietNamNet Bridge – The number of private sector enterprises in Viet Nam rose by 2.56 times between 2006 and 2011 while the number of State-owned enterprises over the same period fell by 12.7 per cent.

Russia not to decide Snowden's fate: diplomat

 Moscow will not influence the circumstances around Edward Snowden because the NSA leaker has not appealed for political asylum in Russia, a high-ranking diplomat said Thursday.

European stocks rally on central bank policy pledge

European shares prices rallied and the euro plummeted against the dollar on Thursday after the eurozone and British central banks signalled that easy-money policies to stimulate growth will continue for some time.

Origin certificate fraud still runs rampant

VietNamNet Bridge – Falsifying a Viet Nam C/O for goods exported to major market countries having tough tax barriers, such as the US and EU, remains a common fraud committed by foreign-invested enterprises to pay lower tax rates,

Manzi features artist extraordinaire

 VietNamNet Bridge – Manzi Art Space on Saturday will host an exhibition featuring artwork by Nguyen Manh Hung – one of the most popular young visual artists in Viet Nam.

Capital calls for funds to build playgrounds

 VietNamNet Bridge – Local authorities in the capital are being forced to call for private capital to invest in more parks for children in new urban areas.

Google launches Vietnam search tools

 VietNamNet Bridge – Google Inc announced on July 2 the launch of three new search tools in Vietnamese - Knowledge Graph, Voice search on Android and Google handwrite.

Huge blood-donor campaign begins Sunday

 VietNamNet Bridge – One hundred volunteers will travel to 15 provinces and cities nationwide from Sunday to encourage people to donate blood.

Chinese medicinal materials flood Vietnamese market

Although Vietnam has up to 4,000 species of plants that can be used as medicine, nearly 90 percent of medicinal herbs in Vietnam are imported, mainly from China. Paradoxically, Chinese traders have flocked to Vietnam to purchase medicinal plants.

Heart-breaking stories of trafficked women told

VietNamNet Bridge – Many heart-breaking stories of trafficked women are being recited at Peaceful Place exhibition currently being held at the Vietnamese Women’s Museum by Center for Women and Development

Intellectual property violations hit local firms

 VietNamNet Bridge – Infringements of intellectual property rights are still a headache, causing huge losses among local companies, but there are not effective cures for the problem, heard a seminar on intellectual property in HCMC last Saturday.

Harvard scholar and a song dedicated for Vietnam

"I want to send it as a gift to friends in Vietnam who are far from halfway around the world. I understand that you had big losses in war with millions of dead people, and you are the spirit of this work," Ambassador Swanee Hunt says.

Tour scandal raises questions

 VietNamNet Bridge – Last week, more than 700 Vietnamese people were left stranded in the middle of a MICE (Meeting-Incentive-Conventions-Exhibition) tour in Bangkok.

Vietnam combats spread of nuclear weapons

 VietNamNet Bridge - With the transfer of all remaining high enriched uranium “HEU” fuel rods to Russia, Vietnam has demonstrated by concrete actions its policy against the spread of nuclear weapons in the world.

HIV undetectable in two patients after bone marrow transplant

 Two HIV positive patients who underwent bone marrow transplants no longer have detectable virus in their blood cells, even after stopping anti-retroviral therapy for months,

More funds needed to fire up bio-gas sector

 VietNamNet Bridge – The production of bio-gas plants to convert animal waste into fuel for lighting or cooking has come up against financial difficulties in Viet Nam.

BUSINESS IN BRIEF 5/7

 Vietnam, EU begins new FTA round; Farm exports decrease; US fund to invest more in Masan subsidiary; Vietnam Mazda exports cars to Laos

Vasep plans to set up tra fish center in EU

VietNamNet Bridge – The Vietnam Association of Seafood Exporters and Producers (Vasep) plans to build a center in Europe charged with distributing and auctioning Vietnamese tra fish products for the EU market.

Hanoi releases results of the first vote of confidence

The Director of the Department of Labor, War Invalids and Social Affairs and the chief of the Department of Planning and Investment received the lowest votes of confidence. The Chair of the People’s Council and the police chief had the highest rates.

Quang Nam Vice Chairman suddenly passes away

This morning, June 4, the driver of Vice Chairman of Quang Nam Province-- Tran Minh Ca, came to Ca’s home to take him to a meeting. After waiting for the official for a long time, the driver opened Ca’s home and found that he had died.

Northern provinces hit by floods, rain

Heavy rain and floods resulting from tropical storm Rumbia, the third of the year to affect Viet Nam, have claimed at least two lives and caused property damage to three northern provinces of Dien Bien, Ha Giang and Thai Nguyen.

South Korea to assist VN in organising Asiad 18

VietNamNet Bridge – General director of the National Sports Administration Vuong Bich Thang has signed a memorandum on sports co-operation with Chung Jung Teak, chairman of South Korea Sports Promotion Foundation in Ha Noi.

House purchasing loans still waits for criteria on “poverty line”

 VietNamNet Bridge - The Ministry of Construction has not made public the standards to define who the low income earners are, so it is difficult for banks to grant house-purchasing loans to this subject.

Over VND 700 billion associated with corruption in banking sector

 VietNamNet Bridge – From January to May 2013, the State Bank of Vietnam (SBV) found 21 corruption cases, related to nearly VND683 billion ($34 million), over 561 taels of gold and $50,000.

Vietnam completes HEU fuel conversion programme

VietNamNet Bridge – Vietnam on July 3 returned the last remaining 11 kilogrammes of highly enriched uranium from the Dalat Nuclear Research Institute to Russia, the Ministry of Science and Technology announced in Hanoi the same day.