Regulation on minimum wage torments workers

VietNamNet Bridge – A paradox has been existing that the salaries of workers in foreign invested enterprises (FIEs) are even lower than that of workers in state owned enterprises. It is because of the unreasonable regulation on the minimum wage.

Hanoi presented with cherry blossom trees

VietNamNet Bridge – The Japan-Vietnam Friendship Association in Japan’s Chukyo region has presented Hanoi with 500 cherry blossom trees, which will be planted in Hoa Binh Park.

The magic revival of the karst

More than 300 verdant 5-year-old yellow cypress have arisen in the karst, which is the most convincing proof showing that the precious thing of the limestone area has revived.

If Tien Lang case not handled strictly, nationwide impacts could be made

VietNamNet Bridge – High-ranking General Le Duc Anh, former Vietnamese President said he agreed with Prime Minister Nguyen Tan Dung’s conclusion on the Tien Lang land revocation case but he still worried.

President Sang concludes Laos visit

President Truong Tan Sang left Pakse International Airport in Champasack province on February 11, concluding his three-day official visit to Laos with an agreement that both sides will work to step up bilateral ties in all fields.

DR Congo air crash injures finance minister

A plane crash occurred in the east of the Democratic Republic of Congo on Sunday, killing a presidential adviser and injuring the Central African country's finance minister, according to the government.

Top three telecoms control 95 percent of market share

The three largest telecom operators in Vietnam —Viettel, Vinaphone and Mobifone — account for 95 percent of the country's total market share of mobile phone subscribers, with fierce competition between them to become the market leader.

Oracle to buy cloud-based software firm Taleo for 1.9 billion dollars

Business software giant Oracle on Thursday said that it is planning to buy cloud-based human resources software company Taleo for about 1.9 billion U.S. dollars.

Would-be child suicide bomber released in Kabul, re-captured in Kandahar

Security forces have arrested five Taliban insurgents including a would-be suicide bomber child who was set free in Kabul months ago, the department of National Directorate for Security (NDS) said in Kandahar on Sunday.

High tax may lead to plastic-bag imports

The high tax rate of VND40,000 (US$1.9)per kg on plastic bags has prompted companies to think of importing bags from other Asean countries such as Indonesia and Thailand to save on production costs.

Helicopter crashes in S. Afghanistan killing 4

Four people were killed Sunday when a contractor helicopter for NATO-led forces crashed in the Afghanistan's southern province of Zabul, deputy provincial governor said.

ACB, Eximbank and Sacombank will be the members of a family?

No official announcement has been made so far about the moves of the three banks ACB, Eximbank and Sacombank. Meanwhile, opinions from the well informed circle say that the three banks will be the members of a family very soon.

Anti-virus for mobile devices described as “deception”

Christ DiBona, director of Google's open source software, on Google Plus has stated that the anti-virus software for mobile devices (smart phones, tablets) is a bluff and fraud. Two Vietnamese security firms, BKAV and CMC have denied this.

BUSINESS IN BRIEF 13/2

Stock markets perform poorly in 2011; Australian businesses eye Quang Binh province; Tough time ahead for banking industry: bankers; Vietnam does not dump wind turbines in US market; SSC cracks down on insider trading  

Bonds show promise as VN economy recovers

The bond market has significant advantages despite ongoing economic difficulties, says Viet Nam Bond Market Association vice chairman Trinh Hoai Giang has said.

Ministry targets mobile offers

Deputy Minister of Information and Communications Le Nam Thang has asked relevant agencies to draft a regulation governing rates for telecommunications services to prevent predatory pricing and unfair competitive practices.

Pagoda - part of Khmer’s life

Tra Vinh and Soc Trang provinces are home to about 500 pagodas, including many fabulous Khmer pagodas. The sanctuary of southern pagodas commonly face east because the Khmer believe Buddist made a west-east pilgrimage.

U.S.singer Whitney Houston dies at 48

Famous U.S. singer and actress Whitney Houston has died at age 48, media outlets reported Saturday.

What’s behind the 2.8 million of billions dong worth of capital?

According to the State Bank of Vietnam, by the end of October 2011, the total capital mobilized by credit institutions had reached 2.8 million of billions of dong.

Liem’s first loss at Aeroflot Chess Open

VietNamNet Bridge – Vietnam’s international GM Le Quang Liem failed to hold on to his unbeaten streak at the Aeroflot Chess Open, losing to his host Alexander Khalifman on February 11.

Rough year ahead for Vietnam’s garment industry

With an unstable export market this year, the larger garment and textile companies are heaving a sigh of relief as most of their workers returned back to work after a lengthy Tet holiday.

Bai Dinh - The temple of records

Bai Dinh Pagoda in the northern province of Ninh Binh is famous for its great size and beautiful architecture, and also well-known for its record number of huge Buddha statues.

UK among Vietnam’s top ten visitor-generating markets

The UK has for the first time in seven years become one of Vietnam’s top ten visitor-generating markets, with nearly 18,000 Britons coming here last month, a year-on-year increase of 39.7%, reported the Vietnam National Administration of Tourism.

Olympic hopefuls have five chances

Three Vietnamese athletes expected to book a berth at the London Olympics for Viet Nam are Truong Thanh Hang, Vu Thi Huong and Duong Thi Viet Anh. The trio have five chances left to qualify.

South Africa, Swiss company to produce cheaper HIV drugs

The South African government on Friday launched a venture with a Swiss company to manufacture anti- retroviral drugs.