BUSINESS IN BRIEF 20/12

Oil and gas sector fetches $34 billion in revenues; Vietnamese companies not investing enough in science, technology; Airlines announce to raise fares; WB okays $457m in credit for Viet Nam; US group eyes local property market  

Military targets peace, stability for the nation's development

The military must thoroughly understand the national defence policy, strictly implement concrete and regular activities as well as assignments in emergencies in line with the Party's instructions and viewpoint, said Party Chief Nguyen Phu Trong.

GMC finds niche in local market

While Viet Nam remains careful with local cultivation of genetically modified crops (GMC), a large number of these products are already available on the local market.

Murders, American heroes and survivals

VietNamNet Bridge – Besides panic-stricken names like colonel Ernest Medina, lieutenant William Calley, who are seen as killers, My Lai people consider some American soldiers as heroes and their benefactors.

ART & ENTERTAINMENT IN BRIEF 19/12

HCM City plans many cultural events for New Year; HCMC hosts exhibition on Vietnamese heroic mothers; Culture house to hold traditional music program; Hue photographer awarded in Japan photo contest; Concert to feature Beethoven    

Elvis Phuong to celebrate long career

VietNamNet Bridge – Vietnamese-American singer Elvis Phuong will celebrate the 50th anniversary of his singing career with a live concert in HCM City on Wednesday called Dong Doi (My Way).

Competitive edge needs sharpening

Vietnam’s industrial competitiveness is improved but the country is still too reliant on labour intensive sectors.

National television festival begins

The national television festival opened on December 18 in the central city of Da Nang, bringing together producers and other broadcast professionals to share experiences.

S. Korea's financial market rattled by Kim's death

South Korea's financial market was rattled on Monday after Kim Jong Il, top leader of the Democratic People's Republic of Korea (DPRK) passed away last Saturday from a great mental and physical strain.

Vietnam finishes 4th at Mister International 2011

Le Khoi Nguyen, Mister Vietnam 2010, has won the 3rd runner-up title at this year’s Mister International in Thailand.

Sold out

VietNamNet Bridge - A business dispute between local retailers and a foreign investor may be headed for court. Huyen Thanh reports.

Euro hits 11-month low amid European woes, upbeat U.S. data

The euro tumbled to an 11-month low against the dollar this week as concerns over the European debt crisis intensified and upbeat U.S. economic data helped to stimulate confidence in the American currency.

7 dead, 1 missing in hydropower plant accident

Seven of the eight workers who were swept into an underground water pipeline at the Suoi Sap 1 Hydropower Plant in Bac Yen District, Son La Province on Saturday have been confirmed dead after their bodies were found yesterday.

Promoting patriotism through song

VietNamNet Bridge – The national anthem, Tien Quan Ca (The Song of Advancing Soldiers), has more than once proved a rallying song for Vietnamese living abroad.

Officials fast-track market restructure

Key stock indices have plunged by up to 45 per cent since earlier this year, so securities regulators have pledged to roll out this month an urgently awaited plan to restructure the market.

Solid goalkeeping leads SLNA to win

VietNamNet Bridge – Goalkeeper Nguyen Viet Nam saved Song Lam Nghe An (SLNA) in their triumph over Navibank Sai Gon in a Super Cup match at Vinh Stadium on Saturday.

SOCIETY IN BRIEF 19/12

 President attends ceremony to honor heroic contributions; Thieves sell Mercedes for US$1,400; Deputy PM seeks efforts for sustainable poverty reduction; Underworld gang leader seized in Vinh

VN Film Fest closes without a Golden Lotus Award for feature film

VietNamNet Bridge - Vu Ngoc Dang has made history after becoming the first director of a commercial film to win a Golden Lotus award for Best Director at the National Film Festival, held in the central city of Phu Yen.

Hanoi Flower Festival to welcome New Year

VietNamNet Bridge - A giant picture of Khue Van Cac (Pavilion of the Constellation of Literature) made of thousands of dry flowers will be featured at the 2012 Flower Festival, which begins on the evening of December 30, to celebrate the New Year.

Transport Ministry starts inspection of airport taxis

VietNamNet Bridge - The Ministry of Transport has begun an inspection of taxi companies in HCM City, with a focus on taxis services at the Tan Son Nhat International Airport.

Petroleum and gas business to be inspected in 2012

VietNamNet Bridge - The government will launch an evaluation of all petroleum and gas businesses throughout the country in January, said Minister of Industry and Trade Vu Huy Hoang.

Hanoi: New school, work hours to be delayed

VietNamNet Bridge – Hanoi has asked the government’s permission to delay change of work hours for a month.

FIFA-suspended player slips net, plays in Vietnam

Senegalese forward Pape Omar Faye - whose suspension by FIFA since late 2009 is still taking effect - strangely has been allowed to play in Vietnam for nearly one year.

Concert to feature Beethoven

VietNamNet Bridge – Works from Beethoven will be featured at a concert staged by the HCM City Ballet Symphony Orchestra and Opera (HBSO) at the Opera House tonight, Dec 19.

International physicists forge closer links

International scientists from 19 countries said that they were enthusiastic to share knowledge and establish closer links through a five-day conference on gravitation, astrophysics and cosmology, which opened in Quy Nhon yesterday.