BUSINESS IN BRIEF 4/4

Tra fish exports to US see 10 percent price hike; Hanoi devises solutions to curb inflation; Vietnam-UK trade turnover approaches US$4.4 billion; Real estate firms adopt sideline businesses amid slump

Obama launches brain mapping initiative

 US President Barack Obama announced a $100 million project to map the intricate inner mysteries of the human brain, targeting cures for diseases like Alzheimer's.

7-percent inflation predicted for 2013

 VietNamNet Bridge – The National Financial Supervision Committee has forecast that Vietnam’s inflation rate in 2013 will be controlled at less than 7 percent.

Ban imposed on poultry transport via border gates

 VietNamNet Bridge – The Minister of Agriculture and Rural Development yesterday, April 2, ordered a stricter ban on the transport and trade of poultry through border gates.

Former U.S. presidential candidate visits late PM Vo Van Kiet’s family

On April 2, Professor Michael Stanley Dukakis, the former Massachusetts governor, led a group of American scholars to visit late Prime Minister Vo Van Kiet's family and the Ho Chi Minh City National University.

Thien beaten in straight sets to exit pro circuit

VietNamNet Bridge – Cheers from fans and an indomitable fighting spirit were not enough for Viet Nam's young tennis talent, Nguyen Hoang Thien, to advance to the second round at the Viet Nam F2 Futures,

Provincial government "request" locals to be football fans

The authorities of Kon Tum Province recently sent an urgent dispatch to many local agencies to ask them mobilize their staff and local people to watch and cheer football games of the National U19 Football Tournaent 2013.

Japanese to conduct Tchaikovsky

VietNamNet Bridge – The Viet Nam National Symphony Orchestra will play music by Tchaikovsky, with guest conductor Shinozaki Yasuo and pianist Tran Thi Tam Ngoc, at the Ha Noi Opera House tomorrow and Friday.

Hydropower plants asked to discharge water to mitigate droughts

 VietNamNet Bridge – Hydropower plants in the central province of Quang Nam have been urged to discharge water to prevent severe droughts in the area.

Doctors rescue woman’s set of teeth that stuck together for 30 years

After an accident, Ms. Nguyen Thi D suffered from an odd disease – her set of teeth stuck together and she could not open the mouth. For nearly 30 years, she could not eat like normal people.

Leaving non-core business fields, conglomerates escape from marsh

Withdrawing capital from the business fields in which they don’t have advantages and experiences--after a period of incurring loss, economic groups have recovered their strength.

The number of motorcycles has exceeded 2020 planning

VietNamNet Bridge - As being planned by the transportation sector, in the next seven years the number of motorcycles in Vietnam will be about 36 million units. However, the latest statistics show that the current number is more than 37 million.

Dow, S&P set record highs after pullback

U.S. stocks bounced back on Tuesday from Monday's pullback, with both the Dow Jones Industrial Average index and S&P 500 closing at all-time highs, bolstered by strong gains in health insurance companies.

Hai Phong Court begins trial of land acquisition case

The Hai Phong City People's Court opened trial on April 2 of the case in which Doan Van Vuon and his family members were accused of murder and violence against people on duty while they were forcibly acquiring his land.

GOVERNMENT IN BRIEF 3/4

  President urges diplomatic sector to exert more efforts on peace building; Paris workshop discusses East Sea potential; Vietnamese, Russian security leaders hold talks

Central coastal areas turn topsy-turvy with mineral exploitation (part 2)

VietNamNet Bridge – Sand is always a part of the lunches and dinners of the local people in the titanium rich area.

Hit series 'Game of Thrones' renewed for fourth season

 Epic medieval-fantasy drama series "Game of Thrones" will return for a fourth season, US cable channel HBO confirmed.

Vietnam to receive two Russian submarines

A source from Admiralteyskie Verfi has confirmed that the first two submarines, in the total of six atomic submarines being built at this shipyard, will be transferred to Vietnam later this year or in early 2014.

Hanoi: Forcing debtor to put his face into a bucket of feces

VietNamNet Bridge – On April 1, Hanoi police arrested two men who are accused of “making unlawful arrest,” who forced their debtor to put his face into a feces bucket.

VFF lowers target for U23 Vietnam at 27th SEA Games

To ease the pressure on football players, the Vietnam Football Federation (VFF) has changed the goal for the U23 squad at the upcoming Southeast Asia Games: moving to the finals, instead of winning the gold medal.

Anti-smuggling inspections to increase in border regions

 VietNamNet Bridge – Anti-smuggling inspections will be conducted with a higher frequency at maritime boundaries, and land borders between Viet Nam and Cambodia, China and Laos.

Big investors can negotiate about tax incentives with the government of Vietnam

The draft corporate income tax law stipulates the jurisdiction of the government in deciding the investment incentives for the big investment projects.

Too many obstacles hinder travel firms to develop environmental tours

Responsible tourism, especially environmental tourism, has been springing up in recent years. However, travel firms have complained they are meeting too many barriers to develop the new type of tourism.

NFSC say interest rates can be dumped further to 10 percent

NFSC has said he can see the possibility of slashing the ceiling deposit interest rate further to 7 percent, thus paving the way for the lending interest rate reduction to 10 percent per annum.

Music festival showcases range of ASEAN talent

 VietNamNet Bridge – Top musicians from ASEAN countries, art groups and the Hanoi community around will gather at a much-anticipated music festival on May 11.