Nationwide inspection of petrol, gas dealers to begin

The Ministry of Science and Technology will begin an investigation of all petrol and gas vendors nationwide next month, Minister of Industry and Trade Vu Huy Hoang has announced.

Nhat Tan apricot village prepares for Tet holiday

VietNamNet Bridge – Gardeners in Hanoi’s famous flower and apricot village of Nhat Tan are in a hurry to cultivate trees to prepare for the lunar New Year (Tet holiday), which is coming in over a month.

U.S. Defense chief signs document ending Iraq War

U.S. Defense Secretary Leon Panetta on Sunday signed a document officially ending the Iraq War, after the last U.S. combat forces left that country.

217 still missing as refugee ship sinks off Indonesia

The search and rescue operation at the second day on Sunday for about 217 missing migrants, as their wooden ship sank in waters off Trengglek district of East Java on Saturday, fails to find any one of them, a rescuer said.

BUSINESS IN BRIEF 19/12

Sector’s feet stuck in cement; Depreciation pressure stalks bullion price; Sugar surplus may be exported; Low-income families to get apartments; Pepper exports to hit 130,000 tonnes; US restaurant chains eye franchises in Vietnam

Four killed, 49 missing in Russia's offshore oil rig sinking

Four people were dead and 49 missing after a drilling platform with 67 people on board overturned in the Sea of Okhotsk in Russia's Far East on Sunday, news agencies reported.

Vulture funds circle Vietnam's property market

Vietnam's once-frenzied property market has ground to a halt, leaving local developers limping and international investors salivating at the chance of snapping up distressed deals.

Flood death toll in Philippines hits 497: Red Cross

The death toll from tropical storm Washi (or local name Sendong) in the Philippines rose to 497, with 162 others still missing, the Philippine Red Cross said Sunday.

British scientists discover new way to target cancer

British scientists have discovered a new way to target cancer through manipulating a master switch responsible for cancer cell growth. The findings, published Monday in the U.S. journal Cancer Cell, reveal how cancer cells grow faster

Vietnamese businesses look into M&A with precarious eyes

A lot of businesses keep a hesitant outlook about the merger and acquisition (M&A) which is booming in Vietnam.

Fatal morning through Ron Haeberle’s memoirs

VietNamNet Bridge – Returning to Son My this time, at the age of 71, Ron Haeberle tried to please everyone, with his patience and enthusiasm. He seemed to try his best to compensate the pain in Son My.

Police keep eyes on SEA Games match-fixing suspicion

The Police General Department under the Ministry of Public Securities has been keeping their eyes on the match fixing suspicion over the Vietnamese national football team at the 26th SEA Games last month in Indonesia.

Man survives after falling from Yen Tu Mountain

VietNamNet Bridge – After falling twice with a total height of nearly 100 meters, Nguyen Tai Quyen, 27, still survives after one day in the forest of Yen Tu in Quang Ninh province.

VN to expand modern retail system

The Ministry of Industry and Trade wants to move the nation away from traditional markets to a modern retail distribution system, accounting for 40 per cent of the total retail trade by 2020.

Saigon streets flooded by cabs

VietNamNet Bridge – Tens of taxis of all colors run on Saigon’s streets, making traffic jams in the 10-million-people city more serious.

Pain for IT outsourcing

Japan is a potential software outsourcing market, but local companies are struggling.

Bad news from securities companies frighten investors

VietNamNet Bridge – Some securities companies have reportedly lost liquidity and cannot pay money back to investors. This has raised a big worry that a wave of insolvency of securities companies may occur.

BUSINESS IN BRIEF 18/12

Local exports achieve full-year targets early; Association drafts restructuring plan for stock market; Supermarkets trap consumers with promotions; Vietnam to intensify investment in Laos; Dishonest fuel dealers face losing licenses

Vietnam prioritises safety for nuclear energy

Vietnam allocates top priority to safety in its nuclear energy development policy, a senior Vietnamese official said at the 12 th ministerial meeting of the Forum on Nuclear Cooperation in Asia (FNCA) in Tokyo on Dec. 16.

British Supreme Court to hear Assange extradition case

The British Supreme Court on Friday decided to hear an appeal by Wikileaks founder Julian Assange against his extradition to Sweden.

SOCIAL NEWS IN BRIEF

Dioxin clean-up begins at Phu Cat airport; War-left big bomb found in central province; Over 25,000 additional plane seats offered during Tet; Inequality remains between children and women; Thief exacts brutal revenge on five family members  

Self-proclaimed protector exposed as human trafficker

An outspoken overseas Vietnamese who has been boasting of protection of his countrymen was recently exposed as a human trafficker.

More companies will be forced to have their finance reports audited

According to the auditing law which takes effect the next year, more companies will have to have their finance reports audited, not only public companies or listed companies.

My Lai massacre: horrible memoirs

VietNamNet Bridge – Many Americans uttered that it is not the truth and they do not believe that it could happen, but it is the truth, said American veteran – photo-journalist Ronald Haeberle.

NA committee meeting ends with water debate

The National Assembly Standing Committee concluded its four-day meeting yesterday after giving opinions on the committee's proposed agenda for 2012 and debating the draft Law on Water Resources.