London assays riots cost, promises safe 2012 Olympics

London vowed to take tough measures to punish rioters and maintain peace while starting to assess losses Thursday after the worst rioting and looting in decades hit English cities.

“Secret” of Le Quang Liem – world’s top young chess player

Being the champion of the Aeroflot chess competition for two consecutive years, ranking the 27th in the world, international grand master Le Quang Liem is believed to earn VND3 billion ($150,000) a year.

Connection charge increases won’t be able to rescue fixed line services

The Ministry of Information and Communication has decided to adjust charges of calls that connect mobile phones and fixed line phones, in an effort to stop the decline of fixed line service subscribers. But, it is not sure if the decision can help.

Home appliance retailers queuing up for… getting bankrupted?

VietNamNet Bridge – Unsalability and big stocks have forced many home appliance retailers give up the business which was once considered lucrative. Analysts believe that the market would witness the leave of many more brands in the time to come.

4 killed, 30 injured in train derail in Poland: report

Four people were killed and 30 injured after a train derailed in central Poland on Friday, local media reported.

“Fashion” for the dead

VietNamNet Bridge – Paper-made dresses, high-heels, smart shirts, Iphone… flood the Hanoi’s old quarter before Ram thang bay (the 15th day of the 7th month of lunar calendar or August 15), the day for wondering souls.

SMEs are fighting for survival

There are radical changes in current business landscape compared to several months ago with scarce capital and growing stockpiles firms’ largest burdens at present, Vietnam Chamber of Commerce and Industry general secretary says. 

Southern artists gather for HCMC dance festival

VietNamNet Bridge - Vietnamese dancers from more than 20 dance schools, theatres and independent dance teams from Southern provinces will perform at the third HCMC dance festival on August 19-22.

State-owned firm faces a lot of complaints for polluting environment

Both lawyers and environmental experts say that Sonadezi must be seriously punished because it is a State-owned company specializing in treating waste but it discharged untreated waste water to the environment.

Hue: Royal tomb to be restored

VietNamNet Bridge – The tomb of King Minh Mang or Ta Tung Tu relic, which belongs to the Hue ancient capital relic, is under restoration at the cost of over VND7 billion ($350,000).

HTV to broadcast Barclays English Premier League free

VietNamNet Bridge – The Hanoi Television Station (HTV) will air the Barclays English Premier League for free in the second consecutive year.

Obama urges Congress to approve job creation proposals

U.S. President Barack Obama on Saturday called for Congress to act on his proposals to stimulate the economy and create jobs, emphasizing putting the American people first.

BUSINESS IN BRIEF 14/8

Korea-VN joint venture to build three ships; Import goods forced to sell at reduced rates; Ministry won't cut petrol price despite cheaper oil; SBV appointed Techcombank for WB-funded project; Firms call for better policies to develop husbandry   

Motorbike assembling workshop for the dead

Paper-made expensive motorbikes for the dead are assembled at Song Ho village in Thuan Thanh district, Hanoi’s neighboring province of Bac Ninh.

Judges mull over literature, art prizes

VietNamNet Bridge - More than 700 submissions for State prizes and titles in literature and the arts field have been submitted to the State Level Council, Deputy Minister of Culture, Sports and Tourism Le Khanh Hai said.

New regulations on examining imports put difficulties for businesses

The Circular No 13 on examining the imports with vegetation origins has been described as “doing more harm than good,” because it has been putting big difficulties for import companies, while it fails to prevent low quality imports.

Vietnam Air sells tickets for Tet flights

VietNamNet Bridge - Vietnam Airlines on Wednesday started to sell air tickets for its flights during the coming Lunar New Year, or Tet, a time when demand for air travel within the country always surges.

Japanese invest in VN mobile firm

Japan's largest telecom service provider NTT Docomo Inc on Wednesday announced that it had acquired a 25 per cent stake in Viet Nam's VMG Media Joint Stock Company to expand the firm's services in the Asia-Pacific region

Italy's extra 64-bln-USD austerity program approved

The Italian cabinet approved on Friday a 45-billion-euro (around 64-billion-dollar) austerity program in a bid to avoid a believed debt crisis.

Wall Street sees a roller-coaster week

In the turbulent Wall Street week, the Dow Jones industrial average fell 1.5 percent, the S&P 500 1.7 percent and the Nasdaq 1 percent.

Vietnamese American girl to represent Vietnam at Miss World

VietNamNet Bridge – Thuy Vy Victoria, a Vietnamese-origin girl in the US, has been chosen as Vietnamese contestant at the Miss World 2011 in London this November.

Diamond-encrusted, jade Buddha statues unveiled

VietNamNet Bridge - The Sung Duc Pagoda in Ho Chi Minh City’s Thu Duc district has just unveiled four largest jade Buddha statues ever been made in Vietnam.

Vietnam has too many universities?

VietNamNet Bridge – The Ministry of Education and Training (MOET) has been speeding up the plan to expand the network of universities and junior colleges. Meanwhile, a lot of schools now fear that they do not have enough students to enroll.

Private businesses complain about discriminatory treatment

VietNamNet Bridge – Private enterprises seem to be at a disadvantage compared with foreign invested enterprises (FIEs) on the home playfield.