U.S. stocks nearly regain losses after Fed decision

The U.S. stocks surged in the last hour trading on Tuesday and nearly regained Monday's huge losses after the Federal Reserve decided to keep the ultra-low interest rate unchanged for at least two years.

Windows 7 to be leading PC operating system by year end: report

Microsoft's Windows 7 is expected to become the leading operating system for personal computers (PCs) by the end of 2011, running on 42 percent of PCs in use worldwide, market research firm Gartner said on Tuesday.

More than 54,000 workers go overseas

VietNamNet Bridge – More than 8,000 Vietnamese went to foreign countries to work last month, bringing the total to over 54,000 in the past seven months, according to the Ministry of Labour, Invalids and Social Affairs.

Rice prices escalating, farmers now have more power in bargaining

For the first time in the last many years, the summer-autumn rice price does not decrease, even though it is now the highest harvesting season. The price keeps the upward trend, bringing more profits to farmers.

First comedy festival gathers nationwide troupes

VietNamNet Bridge –Troupes around the nation will have an opportunity to take part in a comedy festival this month, run by the Viet Nam Stage Artists Association.

Agent Orange victim calls for more support

Nguyen Duc is used to being in the limelight. "The foreign media, especially Japanese, have been following me since my brother Viet and I had the surgery, during my wedding, at the birth of my children birth and now."

Plan to replace three-wheel vehicles proves boondoggle

VietNamNet Bridge – The southern province of Binh Duong spent VND51 billion (US$2.48 million) on a programme to support a job change-over for drivers of slow-moving three or four-wheel vehicles.

Cresting Mekong tributaries signal bumper rice crop

VietNamNet Bridge – Flooding caused by rising water levels from the upper stream of the Tien and Hau rivers, two main tributaries of the Mekong River, has arrived one month early this year, contributing to a bumper harvest.

Viet Nam rejects US, EU interventions

Viet Nam rejects foreign interventions into its internal affairs, Ministry of Foreign Affairs spokesperson Nguyen Phuong Nga said yesterday following comments by the US and EU regarding last week's affirmation . . .

Vietnamese documentary to be screened in Australia

VietNamNet Bridge – Short documentary Brisbane, My Lover by Vietnamese journalist Trung Nghia will be screened at its premiere at Queensland University of Technology in Brisbane, Australia tomorrow, Aug 11.

Vietnam plans US$42.5 billion for tourism products development

VietNamNet Bridge - Vietnam looks set to spend a hefty US$42.5 billion over the next 10 years developing tourism infrastructure and products to prop up the industry.

Super-speed computer warranty service competition booming

At first, super-speed computer warranty service meant that the computers’ errors could be fixed within 24 hours. Later, the service could be implemented within 8 hours. And now, users can get their computers back after four hours only.

Top Vietnamese, Lao leaders hold talks

Top Vietnamese and Lao Party leaders have agreed to step up the exchange of information and experience, especially in theoretical and practical matters regarding Party building and national industrialisation and modernisation.

Tien Minh breezes through at world championships

VietNamNet Bridge – Viet Nam's Nguyen Tien Minh eased into the second round of the World Badminton Championship with a 21-10, 21-14 victory over Misha Zilberman of Isarel yesterday, Aug 9,  in London.

Power generators suffer from… electricity excess

VietNamNet Bridge – Power companies belonging to PetroVietnam and Vinacomin have complained that they have to cut down production because the Electricity of Vietnam, the only buyer, has decreased the volume of electricity mobilized from the sources.

Defence diplomacy vital for nation’s future

VietNamNet Bridge – The country’s defence diplomacy will continue to be implemented comprehensively in the future, Defence Minister Gen. Phung Quang Thanh said in Hanoi on August 9.

Binh Duong to recruit Nigerian top scorer

VietNamNet Bridge –Nigerian striker Udo Fortune will undergo a health check today with a view to signing with Binh Duong, the football club said yesterday, Aug 9.

GOVERNMENT IN BRIEF 10/8

Congratulations to Thai leaders; Lao leader seeks to boost ties with Da Nang; Delegation attends Venezuela Communist Party congress; Vietnam, India engage in strategic dialogue

Giant projects’ broken dreams

VietNamNet Bridge - Many billion-dollar foreign direct investment (FDI) projects have been registered in Vietnam since 2006, accounting for one-fourth of the total FDI commitment in the country.

Unlicensed company still allowed to treat hazardous wastes

No headquarter, no factory, no practice license, but the Ha Lan Environment Service and Waste Treatment Company still could sign a lot of contracts with enterprises on waste treatment.

Tragedies of closeted gays

VietNamNet Bridge – The biggest difficulty of gays is seeking partners. Many gays, therefore, have become prostitutes to satisfy their sexual desire and to seek suitable male partners.

London riots claim first fatality after man dies in hospital

Riots which rocked the British capital since Saturday and swept across the country claimed its first toll on Tuesday, after a man shot in a car during the unrest died in hospital in London.

MOF admits it hasn’t gone far in the fight against price transfer

GDT has said that it has put 870 FIEs onto the “black list” of enterprises suspected as committing the behavior of price transfer to avoid tax. However, the management agency still needs proof to sue the enterprises.

China wages "people's war" against infant-trafficking

China has stepped up efforts in the current "people's war" against infant-smuggling crimes, while starting to cooperate with neighboring countries and international organizations in this field,

Long working hours linked to alcohol addiction: New Zealand study

A New Zealand study has found that people who work at least 50 hours a week can be up to three times more at risk of alcohol problems than people who work fewer hours.