14 killed, 50 injured in fire in Indian capital

At least 14 persons died and over 50 others suffered injuries when a major fire engulfed a congregation of eunuchs or trans-sexuals at a community center in an east Delhi locality Sunday, said local media reports.

A banker ready to buy Vinashin’s debts

“We are ready to buy back all the debts of Vinashin at the price which is equal to 35 percent of the face value, or 210 million dollars (the original price is 600 million dollars),” the chair of a big bank in Vietnam has stated.

China sends two satellites into space

China on Sunday morning put two satellites into orbit from the Jiuquan Satellite Launch Center in northwest China's Gansu Province.

Libyan interim PM confirms capture of Gaddafi's son Saif al-Islam, promises fair trial

Libyan interim Prime Minister Abdel Rahim el-Keeb Saturday confirmed the capture of Saif al-Islam, the second son of late ousted Libyan leader Muammar Gaddafi, in the south of the country.

BUSINESS IN BRIEF 21/11

First online shopping event opens; Chinese garments dominate local markets; State-owned firm loses in non-core businesses; Exports to Myanmar surge 111 percent; WB funds Da Nang - Quang Ngai expressway

Kindergarten crisis

VietNamNet Bridge – Children in the Cuu Long (Mekong) Delta are missing out on a proper education because of a shortage of kindergartens.

Spaniards go to the polls in general election

Spaniards began to casting their ballots as the general election kicked off at 9 a.m. local time (0800 GMT) on Sunday.

Funds profit from food products shares

Investment funds have realised gains from investments in food products makers like Masan Group (MSN), Vinamilk (VNM) and Kinh Do (KDC) – even as real estate investments over the past two years have proven disappointing.

SOCIETY NEWS

Man spends 25 years fighting for a $0.15 debt; Newborn baby kidnapper indicted; Trade unions promise to better protect overseas VN workers; Man dies after diving for girlfriend's wallet; 8 people sentenced for investment fraud

GOVERNMENT IN BRIEF 20/11

Canadian Governor General visits HCMC; VN enhances co-operation with German state; Russian expert awarded Friendship Order; South Africa Parliamentary leader visits Ha Long Bay; Vietnam, Russia boost national defence cooperation  

MPI defends industrial parks

The Ministry of Planning and Investment has come out on the front foot after criticism from National Assembly deputies that industrial parks are nothing more than a big waste of space.

The stories about tycoons’ private airplanes

Well-known branded clothes and luxurious cars were once considered the typical things that showed which classes the owners belonged to. However, times have changed a lot. Businessmen nowadays tend to use private airplanes to polish their images.

Abnormal babies and the pain from Tu Du Obstetrics Hospital

VietNamNet Bridge – Nearly 100 deformed babies are preserved in small jars. All of them are unnamed. The only information on labels on these jars is the names and hometowns of their mothers.

Nanotechnology experts gather

The third international workshop on nano-technology was held recently in Vung Tau City, with the attendance of over 300 delegates from 22 countries.

Southeast Asian longest tunnel opens for traffic

HCM City  holds a ceremony to celebrate the opening of the Thu Thiem Tunnel and the 22 km East-West highway on November 20, attended by thousands of citizens and high ranking officials.

Ministry, NGOs ink climate MoU

The first memorandum of understanding on coping with climate change has been signed between the Ministry of Natural Resources and Environment, VNGO&CC and the Climate Change Working Group.

Southern industrial zones prioritize green investment projects

Export processing zones (EPZ) and industrial zones (IZs) in the south of Vietnam now focus on attracting hi-tech and environment friendly projects.

Distributors hesitate to import goods amid low demand and high dollar price

Trade companies all say they won’t import goods in big quantity for the year-end sale season because of the expensive dollar, while they foresee the low purchasing power in the domestic market.

Vietnam's U23 football team lose to hosts Indonesia

Viet Nam lost to Indonesia 2-0 in the semi-final match of the 26th ongoing Southeast Asian (SEA) Games in Indonesia on Saturday, and will meet Myanmar for the third-place playoff match today.

Ethnic groups to show off traditional costumes

The first ever show featuring traditional costumes of 54 ethnic groups from all over the country will be held at the Viet Nam Culture – Tourism Village in Son Tay, 35km west of central Ha Noi, from November 25-28.

ASEAN Summit concludes, Chair statement focuses on community building

The 19 th ASEAN Summit concluded successfully with active participation and support of member countries and its partners, affirmed Indonesian President Susilo Bambang Yudhoyono.

BUSINESS IN BRIEF 20/11

Preparations for competitive power market ‘too sluggish'; Local banker dismissed on offering high depositing rate; Vietnam's Petrolimex seeks up to 1.05 mil T gasoil for 2012; Investors eye Vietnam as rest of Asia loses sheen 

Projects to get no money from Gov’t

Up to two-thirds of the projects that have been approved to get financing from government bond sales in the next four years will receive no penny following a directive recently issued by the Prime Minister.

Port plan in stormy seas

Ho Chi Minh City plans to remove Saigon River ports from the city inner has run into big waves.

SOE profit debate heads in different directions

A draft decree on state-owned enterprises’ finance management has triggered heated debate sentiments among relevant parties.