Powerful typhoon leaves 15 dead, 43 missing in western Japan: Kyodo

A powerful typhoon which made landfall on Shikoku Island Saturday continued to ravage western Japan on Sunday,leaving 15 people dead and 43 missing , Kyodo News reported.

Public debt risk may exceed inflation and exchange rates: expert opinion

If Vietnam cannot control the public debts, this would be a big risk which is even bigger than the inflation rate or exchange rate problems in the next 5-7 years, according to Deputy Chair of the National Finance Supervision Council, Le Xuan Nghia.

21 killed in Chilean air force plane crash

All the 21 people on a Chilean air force plane have been killed in a crash, the country's defense minister Andres Allamand told reporters on Saturday.

Vietnamese movie to compete at Busan Film Festival

VietNamNet Bridge – “Here….or There?” by Siu Pham, will compete for the New Currents prize at the 16th Busan Film Festival 2011.

“Gaps” on tour boats

Dozens of people died in recent tour boat accidents. Quality of tour boats is now a big concern. There is a fatal gap in controlling tour boats in Vietnam.

Hamas supporters rally in Gaza in support of Turkey

Dozens of supporters of the Islamic Hamas movement demonstrated in Gaza City on Saturday in support of Turkey's decision to downgrade its diplomatic ties with Israel.

Jamaica retains world title in men's 4x100m relay with new world record

Jamaica, led by the world's fastest man Usain Bolt, broke the world record in the men's 4x100m relay and retained the world title in 37.04 seconds on Sunday night at the Daegu World Championships.

Developing the young generation into masters of the nation

VOV interviewed Minister of Education and Training Pham Vu Luan on the tasks set for the new academic year.

HCMC to spend US$240 million in water system

From now until 2015, Ho Chi Minh City plans to deploy seven projects worth a total US$240 million to upgrade and expand its water supply network, cut water loss, and treat sludge at water factories.

BUSINESS IN BRIEF 5/9

Assoc. wants sugar price at VND18,000 a kilo next season; Auto imports rise 30% in August; Rising petrol and oil import causes high trade deficit; C.bank plans to mobilize more gold from public; More local millionaires buy helicopters

South China villagers turn to music to prevent spread of AIDS

In south China's Guangxi Zhuang Autonomous Region, an area renowned for its history of musical folklore, local residents have found a unique way to spread knowledge regarding AIDS prevention.

Australian retail sales, capital expenditure beyond forecast

Australia's economy is performing slightly better than expected, according to positive local retail trade and capital expenditure data released by the Australian Bureau of Statistics (ABS) on Thursday.

Residential market sluggish in Da Nang

The residential housing market remains sluggish in Can Tho, Binh Duong and Da Nang, property service provider Savills Vietnam said in a report released earlier this week.

Fitch confirms Russia's long-term ratings at BBB level

The Fitch international rating agency confirmed long-term ratings of Russia in national and foreign currency at the BBB level, the agency said Friday.

Metropole Hanoi, Nam Hai voted as Asia’s No1 hotel, resort: H Kong journal

The Sofitel Legend Metropole Hotel Hanoi and The Nam Hai Resort in Hoi An shared top billing as Asia’s best leisure properties for this year via an online poll by Hong Kong-based travel and trade journal Smart Travel Asia.

Ministry adopts 10-year tax reform plan

Viet Nam successfully realised a ten-year tax reform programme ending in 2010, putting in place a tax system that meets the requirements of a market economy and membership in the World Trade Organisation (WTO).

Reversing winds on the horizon

Vietnam is a fertilizer importer which will ship in between 2.4 and 2.6 million tons of fertilizer from abroad this year. However, fertilizer projects in the pipeline will reverse the situation and promise reasonable fertilizer prices for farmers.

When biggest wholesale market in Hanoi mainly distributes Chinese goods

For the last many years, Vietnamese goods have been absent from traditional markets. Even Dong Xuan Market, well known as the oldest and biggest wholesale market in Hanoi, has also been mostly distributing Chinese goods since 1986.

Six teen girls drown in Red River

Six schoolgirls were drowned at a section of the Hong (Red) River located in Trang Viet Commune in Hanoi’s Me Linh District on Friday afternoon after they had rowed a small boat to pluck flowers in the river.

New law hopes to regulate direct bank wage transfers

Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour-Salary under the Ministry of Labour, Invalids and Social Affairs.

It’s to blame parents for students’ overloading

The Ministry of Education and Training which has been violently criticized for overloading students with heavy curricula, is considering cutting many lessons in order to ease the burden on students.

Lack of capital slows Phu Quoc Island tourism

Several road construction projects on Phu Quoc Island are behind schedule because of a lack of capital and the weak capacity of company contractors, affecting tourism and investment.

A “cultural death” threatens Vietnam’s tourism

The tourism industry has developed robustly and it has tried to take advantage of Vietnamese landscape and cultural identity to serve tourists. However, unorganized and unfriendly exploitation has unintentionally killed “cultural beauties”.

Network operators try to turn 3G services into “street rice”

Big mobile network operators have been rushing to lower the service fees in an effort to increase the number of 3G service subscribers, which remains modest over the last two years since the services were launched into the market.

World integration means trade, investment

Import-export and investment are the two most important issues that Government should focus on in the process of integrating into the world economy in the 2011-20 period, according to domestic economic experts.