New draft for amendment of land law

VietNamNet Bridge – A new draft has been drawn to make amendments to the land law that will allow residents and organizations to hire private consultants to assess value of their land,

Vietnam hands over rare turtle to Cambodia

VietNamNet Bridge – Suoi Tien Cultural Tourist Park in Ho Chi Minh City has handed over the Batagur turtle to Cambodian authorities on October 5, because of its traditional and spiritual status in that country.

Gia Lai: Two died, two injured by lightning

VietNamNet Bridge - At about 1.30pm on October 8, in Po To commune, Ia Pa district, Gia Lai province, two people were struck dead and two others were injured by lightning.

Provinces explore ways to form joint tourism approach

VietNamNet Bridge – The Ha Noi tourism sector had a role to play in assisting northern Bac Giang and Lang Son provinces train hospitality workers and enhance service, a workshop was told on Sunday, Oct 7.

15 provinces to issue new driving licenses

VietNamNet Bridge – The Vietnam General Department of Road said that 15 provinces will continue granting new driving licenses from October 11, raising the total number to 41 provinces.

SBV believed not to lower key interest rates

Finance institutions believe that the State Bank of Vietnam (SBV) would not slash key interest rates further, because the government needs to be sure that the inflation rate in 2012 would be at one-digit level.

Chinese counterfeit smart phones dirt cheap, but unsalable

The made-in-China counterfeit smart phones, counterfeiting well-known brands of Apple, Nokia and Samsung have been available everywhere at unbelievably low prices.

Carton-made Venuses by Vu Dan Tan

 VietNamNet Bridge - Unique works by late artist Vu Dan Tan and artist Nguyen Nghia Cuong, which have never appeared in Vietnam, are now on display in Hanoi.

Korean movie star goes to Vietnam to promote film festival

  VietNamNet Bridge - Cha Ye-Ryeon and Johnny Tri Nguyen have been selected as the ambassadors for the first Vietnam-Korea Film Festival.

Fields symposium to honor Prof Ngo Bao Chau

VietNamNet Bridge – A symposium dubbed ‘Fundamentals of the Langlands Program’ in honor of famous Vietnamese professor Ngo Bao Chau, will be held by Fields Institute in Toronto Canada from October 15-18.

Serials ‘must deliver ratings for cable TV cash'

VietNamNet Bridge – Saigontourist Cable Television's decision to only pay studios if their serials top a certain rating has left the latter bewildered.  

High grade shopping malls in Vietnam getting popularized

In the past, shopping malls were understood as reserved for high income earners only. However, things are getting quite different: the high grade shopping malls now target popular customers as well.

The popular brands

 VietNamNet Bridge - In many streets in Hanoi, there are products that are sold on the sidewalks, do not need advertising or promotion, but people have to queue to buy them.

When moguls are out of cash

 VietNamNet Bridge - One of the hottest topics on newspapers these days is related to the tragic situation of moguls.

The land which is rich in assets, poor in education

In many cases, the improvement in the current assets does not always mean the improvement in intellectual property. In many localities with high living standards, people still have low education levels.

5-year-old boy needs two liters of blood each month

Suffering from anemia and brittle bone disease, Tuan Tu is 5 years old but he looks like a 2-years-old baby. Each month he lives for 18 days in hospital for three times of blood transfusions, which cost up to VND4-5 million ($200-250).

BUSINESS IN BRIEF 9/10

 Over 200 firms in Ca Mau go out of business; Slowdown sees smart phone slump; Foreign reserves surge to $20b, says ADB; Vacancy rates fall for retail space; IT firms struggle in own market; $1.3 billion invested in central EZ

Chavez reelected Venezuelan president, Capriles accepts defeat

 Incumbent Venezuelan President Hugo Chavez won Sunday's presidential election with 54.42 percent of the vote, while opposition leader Henrique Capriles has accepted defeat and congratulated the socialist president.

VPF commits the 2013 football season to go on

  VietNamNet Bridge - The 2013 football season will surely be held, but the draw schedule will be postponed.

Software outsourcing help IT firms survive crisis

While the global economic crisis has dealt a strong blow on enterprises in many business fields, software firms still can live well because they can grab the opportunities in the crisis.

Hundreds of people join dragon dance festival in Hanoi

 VietNamNet Bridge – On October 6, more than 60 dragons, unicorns, and phoenixes attended the Hanoi Dragon Dance Festival at the My Dinh Stadium Square.

Pay rises stay ahead of inflation

  Salary increases this year have in general been higher than inflation rates, a new survey has found.

BUSINESS IN BRIEF 8/10

 Trade deficit may shrink to $1b; HCM City seeks way out of housing quagmire; Intervention in VN gold market urged; Importers to register gas prices; Clamp on credit growth appropriate, say experts; Banks urged to help firms

Vietnam expected to host 18th Asian Games

 VietNamNet Bridge – The Olympic Council of Asia (OCA) has been very impressed by Vietnam’s active preparations for the 18th Asian Games.

SpaceX commercial cargo capsule blasts off to space station

 An unmanned cargo capsule blast off Sunday night to launch the first commercial delivery to the International Space Station, marking a major shift in how U.S. sends supplies and gear to the orbiting lab.