BUSINESS IN BRIEF 18/10

MARD proposes more import of frozen meat; Big hotel chains snub Tourism Awards; Software industry back on track; Card transactions worth VND29 tril. In Jan-Sep; New Chevrolet Spark launched in Vietnam; Cashew exports exceed US$1 billion

Banks propose interest rate cuts on loans to businesses

It is imperative that banks cut their lending interest rates to support businesses, was the message from a meeting held in HCM City between the Viet Nam Banking Association and its members in the southern region on Friday.

Annual Miss Cow held in Moc Chau plateau

VietNamNet Bridge – More than 100 dairy cows gathered in the finale of a beauty contest for cows on October 15, at the Moc Chau forest farm in Son La province.

Impressive designs of Dep Fashion Show 2011

VietNamNet Bridge – The most awaited fashion event of the year – the Dep Fashion Show – was organized in HCM City on October 15. Below are impressive designs at the show.

Binh Thuan authorities license man to search 4,000-ton-gold treasure

VietNamNet Bridge – Binh Thuan province has permitted Mr. Tran Van Tiep, 96, to search for “treasure” on Tau Mountain for 270 days.

Big hotel chains snub Tourism Awards

Famous hotel brands such as Sheraton, Sofitel and Hilton snubbed the Vietnam Tourism Awards 2010 which announced its winners this week.

Auto market gloomy amid information about ownership registration tax increase

The automobile market remains lackluster despite the information that the ownership registration tax would increase by 10-20 percent.

U.S. race car driver Dan Wheldon dies in 15-car crash

American race car driver Briton Dan Wheldon died in a 15-car crash accident at the Las Vegas Motor Speedway on Sunday, according to media report.

Higher interbank rates hurt small banks

In early October, the State Bank of Viet Nam (SBV) made adjustments on basic interest rates with the aim of improving the effectiveness of monetary policies and regulations of interest rates.

Illegal gold mining rampant

VietNamNet Bridge – Authorised agencies from the Central Highland Kon Tum Province's Dak Glei District have not yet succeeded in curbing the illegal gold mining.

Vietnamese model enters top 15 of Miss Asia Pacific

VietNamNet Bridge – The final night of Miss Asia Pacific 2011 took place on October 15 in South Korea. Vietnamese contestant Truong Tung Lan entered the top 15 contestants.

SOCIETY IN BRIEF 17/10

Industrial workers to get better facilities; Outstanding women honoured for contributions; Storms threaten flimsy cottages on riverbanks, seaside

First IT competition for disabled students pulls in S Koreans

VietNamNet Bridge – An information technology competition for disabled students, a first of its kind in Viet Nam, drew about 140 Vietnamese and South Korean students on Saturday.

Giant turtle sold to Chinese man

VietNamNet Bridge – The 22.7kg turtle caught by a Hanoi’s fisherman was sold to a Chinese trader at the price of VND180 million (nearly $9,000) on October 14.

Unexpected rains, central Vietnam suffers huge losses

VietNamNet Bridge – Under the impact of a tropical depression, downpours covered the central region over the last several days. Flooding triggered by torrential rains has submerged over 10,000 houses in the region.

Lawmakers question draft advertising law

VietNamNet Bridge – National Assembly deputies from HCM City, business executives, and city authorities are sceptical about the effectiveness of a proposed advertising law in bringing order to the chaotic industry.

Sa Pa people and landscape exhibited in ‘Mua Thu' collection

VietNamNet Bridge – An exhibition entitled Mua Thu (Autumn) featuring paintings of mountainous Sa Pa landscapes and ethnic minorities has lured many visitors since opening in Ha Noi.

Vietnam will have fewer banks in the future

Restructuring commercial banks has been highlighted as the most important task for now. Once the restructuring is completed, Vietnam will have fewer banks than currently, because unprofitable and small banks will be swallowed by others.

GOVERNMENT IN BRIEF 17/10

Vietnam, Laos armies promote cooperation; Torino city expects to strengthen ties with Vietnam; Vietnam, Cuba promote people-to-people exchanges

Circus elephant tramples little girl to death

VietNamNet Bridge – Seeing the elephant, an 11-year-old girl took food to the animal, but the elephant raised the girl by its trunk, threw her to the ground and trampled her to death.

ART & ENTERTAINMENT IN BRIEF 17/10

Singing project launched; “The Gift of Italy” launched in Vietnam; Institute to preserve traditional music; RoK culture highlighted in Vietnam; Palestine documentary presented in Hanoi

Project boosts cancer awareness

VietNamNet Bridge – Health experts yesterday called on the community to take action against cancer at the launch for a communication programme for the prevention of the disease in women.

The last SEA Games for “doll” Ngan Thuong

VietNamNet Bridge – At the age of 21, Do Ngan Thuong has pursued gymnastics for 15 years. That period is about to close because the Southeast Asian Games (SEA Games) 2011 will be her last competition as a gymnast--to become a coach.

SPORTS IN BRIEF 17/10

VN rank eighth in wushu championships; U23 players win friendly before VFF Cup; Binh Duong take silver in tournament; Vietnam wins gold at World Wushu Champs

At least 20 killed by mudslide in El Salvador

At least 20 people died on Sunday in a major mudslide in El Salvador, as soils in this mountainous country were saturated due to a week of torrential rains, authorities said.