U.S. budget deficit would surpass the 1 trillion-U.S.-dollar mark and fiscal tightening next year would pose significant threat to the overall economy, according to a report released by the U.S. Congressional Budget Office (CBO) on Wednesday.

 Film week celebrates friendship with Laos; Hotel offers mooncake baking class; Hanoi Carnival promises multicultural party; CAMA goes Italian at American Club; Hitting all the right notes

 VietNamNet Bridge – The Vietnam Central Hydro-meteorological Forecast Center this morning, August 23, released first information about the Tembin typhoon, which is forecasted to enter the East Sea tomorrow.

 Quyen wins bronze at martial arts champs; Indonesia to take part in int'l U21 football tourney; Da Nang awards local football team VND1 billion;  Run for children to kick off at Thien Quang Lake

 VietNamNet Bridge – Vietnamese martial artists won two silver medals on the second day of the 2012 Asian Wushu Championships taking place at Phu Tho Gymnasium, HCM City.

 Google set out to take users of its free online mapping service on an Arctic adventure with help from an Inuit community in the Canadian tundra.

 Schools asked to continue classes on traffic safety; St Paul Hospital to be upgraded; Bird flu spreads across Quang Ngai; Dien Bien determined to fight rabies; UNFPA supports youth development strategy

A series of commercial banks have got the nod from the State Bank of Vietnam to lift the ceiling credit growth rates. However, economists have warned that this could be a double edge knife.

 VietNamNet Bridge – The accident happened on the evening of August 21 on Dinh Tien Hoang Road, Binh Thanh District, HCM City.

 VietNamNet Bridge – Hanoi police have determined that nail dispersing incident on Kim Ma  Road, which made hundreds of vehicles get punctured on the evening of August 20, was an accident.

 VietNamNet Bridge – After Vice Chair Nguyen Duc Kien of the Vietnam Professional Football Company (VPF) was arrested, the Vietnam Football Federation (VFF) and VPF held an urgent meeting.

While the Chief Executive Officer of the Asia Commercial Bank (ACB), Mr. Ly Xuan Hai, is busy to “cooperate for investigation” with police after Nguyen Duc Kien was arrested, Vice CEO Do Minh Toan will temporarily replace Hai.

 VietNamNet Bridge – The authorities of Lam Dong province joined environment police and the Wildlife Conservation Society to inspect 23 restaurants in the province on August 21.

 Idecaf will host a piano-flute concert by Clement Dufour and Tristan Pfaff at HCMC Conservatory of Music at 8 p.m. on September 20.

 Egypt requested from the International Monetary Fund (IMF) Wednesday a loan of 4.8 U.S. dollars during a meeting between President Mohamed Morsi and IMF chief Christine Lagarde.

 Hanoi and Hoi An ancient town in the central province of Quang Nam continue be named among the top ten destinations in Asia this year by Hong Kong-based travel and trade journal, Smart Travel Asia.

 VietNamNet Bridge – World No 11 Nguyen Tien Minh won his first men's singles match at the Viet Nam Open-Yonex Sunrise Cup in HCM City against Indonesia's Adi Pramata on Tuesday.

 The U.S. Federal Reserve would lean more close toward new stimulus actions unless incoming information signifies a substantial strengthening in the economic recovery, the central bank's policy meeting minutes showed on Wednesday.

 Vietnam and China’s Ministries of Transport held a joint ceremony at the Huu Nghi Border Gate in northern Lang Son province to inaugurate the new highways linking Hanoi with Nanning and Shenzhen in China.

 Hoang Anh Gia Lai (HAGL) said it had applied for delisting bonds worth US$90 million on the Singapore Exchange. The listing cancellation is effective from August 15.

 Meeting marks Vietnam-Laos diplomatic ties; Former NA leaders honoured with high-class orders; Dien Bien celebrates ties with Lao counterparts; Vietnam helps Laos strengthen financial skills

 The Finance Ministry has asked city and provincial authorities to prepare price management plans for transportation services in their localities to prevent any "unreasonable" hikes that can hurt consumers.

 VietNamNet Bridge – A car carrying more than 40 Buddhists plunged into a ravine in Nghe An Province on August 23, killing three and injuring tens of passengers.

 VietNamNet Bridge – The close relationship between Gen Vo Nguyen Giap and veterans is portrayed by photographer Nguyen Trong Nghi in an exhibition which opened in the capital yesterday.

 VietNamNet Bridge – A Vietnamese academic who lived and taught in France for six decades before returning home in 2005 has set up a library using a collection of books, newspapers, and documents he owned.