S.Korean retail giant E-Mart enters Vietnam

VietNamNet Bridge - E-Mart, South Korea’s top discount store chain, on Thursday signed an agreement with local partner U&I Investment Corporation to form a distribution joint venture, indicating the potential of the domestic retail market.

Diplomacy vs oil: Beijing's dilemma

VietNamNet Bridge - China's recent disputes with Vietnam and the Philippines over oil exploration in the East Sea are challenging its own diplomatic strategy of maintaining a low profile on the international stage.

Vietnam owes foreign countries $40.6 bln

VietNamNet Bridge - As of December 31, 2010, Vietnam's total foreign debt is recorded at VND835 trillion (US$40.6 billion), accounting for 42.2% of the country’s GDP last year, the Finance Minister reported.

SOCIETY IN BRIEF 10/7

Foreign airline rule on passengers postponed; Uprooted tree injures 2 people; Construction of quay on West Lake halted; Food colouring risks to be publicised; Overseas Vietnamese visit homeland; Hanoi to build first 1,000-bed general hospital 

Vietnam now boasts 15 world heritages

VietNamNet Bridge - Ha Long Bay, Vietnam.The recent recognition of Vietnam ’s Ho Dynasty Citadel by UNESCO as a world cultural heritage brought the number of world natural, cultural and documentary heritages possessed by Vietnam to 15.

University entrance exam season brings big money to poor students

Instead of returning to home villages, a lot of university students stay in big cities in summer holiday to take extra jobs to make money. July, when the university entrance exams take place, is the good working season for students.

GOVERNMENT IN BRIEF 10/7

Japanese city urged to increase investment in Vietnam; Vietnam, Egypt vow stronger cooperation; VN, Philippines mark 35 years of friendship; Vietnam ready to work with Australia in Securency case; Vietnam joins ASEAN-Japan dialogue    

Vietnam, US naval forces to conduct annual periodical exchange

VietNamNet Bridge - An upcoming visit to the central city of Da Nang by three US naval ships is an annual periodical exchange between the Vietnamese and US naval forces, affirmed Foreign Ministry spokeswoman Nguyen Phuong Nga.

ART & ENTERTAINMENT IN BRIEF 10/7

Vietnam hosts international children painting contest; ‘King of Comedy’ competition in July; Hanoi livens up with more music shows; Vietnamese historian becomes member of French Institute; Miss Vietnam 2010 advertises tourism in Egypt     

IT NEWS

FPT to co-operate with Nigerian business; CMC Infosec launches anti-virus for mobiles; Revenue in post and telecommunications rise; VinaPhone offers free int'l roaming SMS; 71 million electronic identity cards to be issued

Hanoi in the hottest day

VietNamNet Bridge – The temperature in many provinces in northern Vietnam on July 7 was highest so far this year, averaging from 38 to 39 degree Celsius.

Former U.S. first lady Betty Ford dies

Former U.S. first lady Betty Ford, wife of late former president Gerald Ford, has died at the age of 93, according to media reports citing family and friends on Friday.

7.1-magnitude quake hits off east coast of Japan's Honshu, tsunami warnings in effect

An earthquake measuring 7.1 on the Richter scale jolted off the east coast of Honshu, Japan at 09:57 a.m. local time (0057 GMT) on Sunday, the Japan Meteorological Agency said. Tsunami warnings or advisories are currently in effect.

Drastic measures needed to curb traffic accidents

VietNamNet Bridge - Recently a spate of traffic accidents have raised alarm amongst citizens, particularly three accidents that occurred simultaneously on July 6 in Ha Tinh, Nghe An and Thua Thien – Hue provinces in which five people were killed.

Donors supplying nearly US$2.7 billion to fight poverty

VietNamNet Bridge - International donors have channeled US$2.688 billion to Vietnam’s state budget in the past decade under Poverty Reduction Support Credit program (PRSC).

City learns U.S. model to control pollution of Saigon River

VietNamNet Bridge - HCMC scientists are studying a model of watershed protection approach introduced by the U.S. Environmental Protection Agency (EPA) for controlling the alarming water pollution of the Saigon River.

Mysterious fish stream a treat for visitors

VietNamNet Bridge - Roughly 100 kilometers northwest from Thanh Hoa City is Luong Ngoc Stream, which has been named the “God fish stream” by the Muong ethnic minority.

BUSINESS IN BRIEF 10/7

Thirst for dollar, banks raise rate past 2% cap; Skills the main concern for business; Vietnam sees 2011 trade gap at $14-14.5 bln; Higher charter capital required for airlines to operate; Vital assembly line technology to be tax free from August

Vietnamese bamboo-made architectural work honored in US

VietNamNet Bridge – Bamboo Wing, an architectural work made from bamboo in the northern province of Vinh Phuc, has won the International Architecture Award of the Chicago Athenaeum Museum in the US.

Son wins national chess event

VietNamNet Bridge – Grandmaster Nguyen Ngoc Truong Son won the men's singles of the National Youth Rapid and Blitz Chess Championships which wrapped up in HCM City on Wednesday.

Buyers now shop for value

Vietnamese consumers, compared to other Asian shoppers, are more inclined to seek promotions as inflation causes more people to become price-sensitive, according to the latest edition of the Nielsen Shopper Trends Study released on Tuesday.

Rare skin cancer more deadly than melanoma: Australian study

Merkel cell carcinoma (MCC), a rare skin cancer is more aggressive than the deadly skin disease melanoma, according to an Australian study revealed on Friday.

Offspring of rush-mat village

VietNamNet Bridge – Ut Linh is a skillful rush-mat maker; though she is only nine years old. She is among rare descendants of the Cai Chanh rush-mat making village in the Mekong Delta city of Can Tho.

South Sudan declares independence

The Republic of South Sudan declared independence Saturday, waiting to be recognized as the 193rd member of the United Nations and hoping to keep peace with the north after decades of war.

SPORTS IN BRIEF 10/7

Van Ngoc Tu ranks 45th in world Judoka ranking; Vinh Long table tennis event begins with a bounce; U16 Vietnam lose 0-5 to Singapore; HCM City badminton team to attend US Open; Vietnam to attend international Olympiads