Vietnam is world’s 2nd largest gold hoarder

VietNamNet Bridge - Vietnam is hoarding between 460 and 1,000 tons of gold worth around US$21 to $45 billion, second only to India, according to figures released last week.

Supermarket brands’ development causes worries

VietNamNet Bridge – Supermarkets have been trying to develop the product with their own brands, while enterprises have become the manufacturers who do the outsourcing for supermarkets.

Fall in Red River alluvial deposits could hit farmers

VietNamNet Bridge - Alluvial deposits in Hong (Red) River have reduced over the past several years which could result in unexpected environmental changes, experts have warned.

Vietnamese can watch total lunar eclipse tonight

VietNamNet Bridge – People in Vietnam and many other countries will have an opportunity to watch the 21st century’s fifth longest total lunar eclipse at 0:00 on June 16 (Hanoi time), according to NASA.

CMMi process goes slowly at a snail’s pace

VietNamNet Bridge – The difficulties in the workforce, budgets and implementation time have made many software companies become “short of breath” in the race to obtain Capability Maturity Model Integration certificates.

WonderBuy closure reveals challenges faced by home appliances stores

VietNamNet Bridge - The local electronic market faces a grim future after WonderBuy, a store of electronic and home appliances in HCMC’s District 1, announced bankruptcy with losses of VND52 billion after nearly a year of operation.

Hacker Vietnam Association at receiving end

VietNamNet Bridge – The Hacker Vietnam Association has got a taste of its own medicine with hackers launching two DDoS (distributed denial of service) attacks on its forum this month.

HCM City police bust women’s-only casino

VietNamNet Bridge – More than 30 policemen in Ho Chi Minh City’s Binh Chanh District, dressed only in shorts, swam across a river on Saturday night to bust a women’s-only casino built on the water.

Ca Mau official in hot water for piling up debts

VietNamNet Bridge – Ca Mau Province party committee member and government official faces disciplinary action from the party’s central secretariat for borrowing indiscriminately and failing to repay her debtors.

Firms afraid of red tape handicaps

VietNamNet Bridge - The latest draft decree compiled by the Ministry of Planning and Investment to amend Decree 108, which guides the 2005 Law on Investment, has proposed more weighty procedural requirements for large projects.

SOCIETY IN BRIEF 16/6

3 killed by lightning, 25 fishermen rescued; Whistle-blower to leave Toyota Vietnam for good; Wife flees after poisoning husband’s family

Second gay wedding reported in HCM City

VietNamNet Bridge – Two young men in similar suits raised glasses at their wedding ceremony held at a luxurious restaurant in HCM City on June 4.

GOVERNMENT IN BRIEF 16/6

Precious replica of President Ho statue given by Mexican Labour; S Korea urged to speed up trade co-operation; Vietnam, Singapore boost defence cooperation

Vietnam PC software piracy rate falls

VietNamNet Bridge – Vietnam’s personal computer (PC) software piracy rate fell 2 percent to 83 percent in 2010 compared to 2009, marking the first fall after three consecutive years of unchanged piracy rate of 85 percent.

American Idol 2008 runner-up to sing in Vietnam this July

VietNamNet Bridge – David Archuleta, the runner-up of American Idol 2008, will perform in “Idol Music Event 2011” show in Hanoi and HCM City in July 2011.

Domestic tourists change travel habit

VietNamNet Bridge - More Vietnamese people took domestic tours in the first five months of the year despite the nation’s economic doldrums but their travel habit changed from last year.

Massive anti-austerity protest ends up in violence in Athens

A massive anti-austerity protest organized by Greek labor unions in front of the parliament building broke down in violent clashes Wednesday afternoon, as Prime Minister George Papandreou repeated a plea for national consensus

Human chess at Nha Trang Sea Festival 2011

VietNamNet Bridge – A game of human chess – traditional martial art took place for several hours on the beach of Nha Trang City on June 13, attracting hundreds of viewers.

Disasters claim huge losses to economy

VietNamNet Bridge - Natural disasters in Vietnam each year kill some 500 people and cause an economic loss of some VND14.5 trillion, said a report issued last Friday by the Ministry of Natural Resources and Environment.

SE Asia wary of China as sea claim disputes intensify

A buoy, posts and building materials on an inhabited outcrop sound unremarkable, but they mark an escalation of a dispute over one of the world's busiest shipping lanes, and how Southeast Asia manages China's rise as a regional power.

Angelina Jolie wants to visit Syrian refugees in Turkey

Movie star Angelina Jolie wants to visit Syrian refugees in southern Hatay province of Turkey who have fled from Syria and sheltered in camps on the Turkish side of the border.

Google unveils voice search on desktop, search-by-image

Google on Tuesday unveiled voice search for desktop computers and search-by-image, two new features allowing users to speak their search into the computer and search with the help of images.

BUSINESS IN BRIEF 16/6

Petrol imports forecast to soar; Rice businesses to need qualified certificates for export; Oil, gas project gets investment licence approval; Local firms get in on mergers, acquisitions; Fruit farmers target higher standards

Rural elders more likely to develop health problems: study

Rural elders are far more likely to be overweight or obese, physically inactive and food insecure than their suburban counterparts, three risk factors for heart disease, diabetes and repeated falls, a new study suggests.

Special mechanism needed to attract FDI to infrastructure

VietNamNet Bridge – The Ministry of Transport (MOT) has proposed to apply an additional special mechanism to call for foreign investment into the infrastructure sector.