China to lower RRR for first time in three years

China's central bank said on Wednesday that it will lower banks' reserve requirement ratio (RRR) by 50 basis points starting Dec. 5.

UNESCO adds 11 new items to Intangible Heritage List

The Paris-based UNESCO on Tuesday added 11 new items to the List of Intangible Heritage in Need of Urgent Safeguarding as it concluded the sixth session of its Intergovernmental Committee.

Transparency doesn’t need explanation!

VietNamNet Bridge – The impacts of hydropower plants on the virgin forest in Cat Tien National Park, Dong Nai River and over ten of million of people in the downstream area are real. But the truth has not been checked thoroughly.

HP refutes printer security flaw claims

Hewlett-Packard (HP) on Tuesday issued a statement to refute some security flaw claims on its LaserJet printers.

Wozniacki named Danish tennis player of the year for successive fifth time

World number one women's tennis player Caroline Wozniacki won the Danish Tennis Association (DTA) Player of the Year Award for the fifth year in a row here on Tuesday.

Paracel Islands belong to Vietnam many centuries ago

VietNamNet Bridge – Many pictures, maps and items that prove Vietnam’s sovereignty over Hoang Sa Archipelago (Paracel Islands) several centuries ago are preserved at the Museums of Quang Ngai province and Da Nang city.

Despite bad news, bank shares remain “king shares”

All the current factors make people think that bank shares are losing their attractiveness. But things are quite different in reality.

Britain withdraws embassy staff from Iran

Britain is withdrawing diplomats from Iran following the incursion into its embassy in Tehran on Tuesday, British Foreign Office said in a statement on Wednesday.

BUSINESS IN BRIEF 1/12

Paper makers face challenges; Saigon Centre's second phase begins; Plastics firm hits record low on market; State enterprises need restructure; IZs, support sector link up to push growth; Water prices likely to be hiked by 4 times  

Hanoi to tighten control over taxi firms

VietNamNet Bridge – Hanoi authorities will apply various measures to restore order in the taxi market, including halting the establishment of new taxi companies, setting rules on color of taxis, etc.

EVENTS SCHEDULED ON DEC. 1-10

Exhibition “Nguyen Linh III”; Music Night “A Journey of 55 Years”; Screening of “Un Secret”; Screening of “Les Mains en L’Air”; Run for Children Hanoi 2011; Art in the Auditorium; Exhibition “Assumption”; Landscape Painting Exhibition

Michael Jackson's personal physician sentenced to 4 years in prison

A Los Angeles judge Tuesday sentenced Conrad Murray, Michael Jackson's personal physician, to a maximum of 4 years of imprisonment on involuntary manslaughter charge stemming from the death of the pop star.

VietJet Air to take off next month

VietJet Air announced it would begin domestic flights from December 25, four years after it gained approval to become a privately owned airline in Viet Nam.

Funny 3D paintings exhibited in HCM City

VietNamNet Bridge – Vietnamese actress Ngoc Trinh and her Korean husband have opened a 3D painting exhibition at Thien Son building in Phu My Hung urban area in HCM City.

ART & ENTERTAINMENT IN BRIEF 30/11

Int’l photos exhibited in Hanoi; Ethnic costumes go on parade in Hanoi; Columbian Pacific Salsa group to perform in Vietnam; Festival spotlights creativity of young artists; Hanoi contemporary female artists to exhibit women’s conflicting status    

U.S. growth facing serious headwinds: Fed official

Growth in the United States faces serious headwinds and the country's high unemployment will linger for many years, said a high-ranking official of the Federal Reserve on Tuesday.

Charming designs at Vietnam Spring Summer 2012 fashion week

VietNamNet Bridge – The event opened on November 28 in Hanoi. Below are designs that were introduced on November 28 and 29.

Prices must be fixed by the market

VietNamNet Bridge - Giving the right to fix prices of goods and services back to the market will not affect the state’s power, said experts.

Vietnam, Denmark set up strategic partnership on climate change

Vietnam and Denmark on Monday established a strategic partnership on climate change, environment, energy and green growth as the Crown Prince of Denmark began his four-day official visit to the country.

Eurozone agrees to release 6th tranche of loans to Greece

Finance ministers of the eurozone countries late Tuesday signed off on an 8-billion-euro (about 10.7 billion U.S. dollars) aid payment to Greece, part of the first international bailout package agreed with Athens last year.

VNR500: 30 businesses join the 1 billion dollar club

VietNamNet Bridge – The 2011 VNR500 – the list of the Vietnamese biggest 500 enterprises – was released on November 2011, which names 30 enterprises having joined the one billion dollar club.

American Airlines parent AMR files for bankruptcy protection

American Airlines' parent company AMR Corp. filed for bankruptcy protection Tuesday to unload massive debt acquired by years of soaring fuel prices and labor costs.

Geophysics Institute needs VND500mil to research earthquakes in Quang Nam

The Institute of Geophysics has asked the Union of Vietnam Geographic Sciences Associations to invest VND500 million ($25,000) to set up three working groups to research underground explosions in Bac Tra My district, Quang Nam province.

Live show to depict singing milestones

VietNamNet Bridge – Singer of the Year 2010 Tung Duong will perform the songs that created his reputation during his first ever live show in Ha Noi this week.