FPT to buy 49% stake in EVN

Software giant FPT and its subsidiary FPT Telecom have received approval from the Government to buy a 49-per-cent stake in State-owned EVN Telecom, an affiliate of Electricity of Viet Nam.

How to deal with pending projects?

VietNamNet Bridge – Experts are blowing the whistle over the high number of projects that have been “pending” for indefinite time.

SOCIETY IN BRIEF 29/1

Ho Chi Minh to dig 343km of streets in 2011; Corpse found in cemetery’s well; 22 fishermen stranded as boat breaks down; Binh Dinh police probe tomb diggers; Warm weather forecast during Tet; Cold medicines in increasing demand in Vietnam     

What does the appreciation of the Chinese yuan bring to Vietnam’s exports?

The exchange rate will not be the main factor that leads to big changes in trades with China. Only the inner strength and strategic policies of Vietnam can make changes.

ART & ENTERTAINMENT IN BRIEF 29/1

Spring Flower and Beverage Festival 2011 opens in Hanoi; TV Comedy act to lure viewers; Over 30 Tet flower fairs open in HCM City; World heritage photo contest launched; Exhibition on ever-changing Indochina

Vietnam’s first Next Top Model winner to be trained in USA

VietNamNet Bridge – US-based CA Model and Wilhelmina Models on January 26 signed a contract to support the winner of the first Vietnam’s Next Top Model competition to develop her talent and career.

Investment funds’ reported losses raise doubts

The reported loss of 384.066 billion dong in 2010 for three funds VF1, VF4 and VFA makes many investors question the professional skill of the Vietnam Fund Management Company VFM.

Energy efficiency law in effect

Deputy chairman of the National Assembly’s Science, Technology and Environment Committee Nghiem Vu Khai explains how the Law on Energy Efficiency and Conservation will help reduce the tension surrounding power shortages, if imposed properly.

CPI tipped to rise next month

VietNamNet Bridge - Consumer price index (CPI) is expected to surge about 2 per cent in February, according to the Pricing Management Department.

Flu cases spike in January

VietNamNet Bridge - In the first three weeks of this year, 26 people tested positive for A/H1N1 influenza, according to the Ministry of Health's Preventive Health Department.

Banh tet village during Tet

As of the 24th day of the lunar December (January 27), Chuon village in Thua Thien-Hue province has entered the busiest time of the year. The village has supplied banh tet for local people and neighboring provinces for hundreds of years.

Export turnover tops $6b in January

Vietnam's total export and import turnovers totalled US$13 billion in January with export revenues of $6 billion, causing a trade deficit of $1 billion for the month, equivalent to 17% of the total revenue, the General Statistics Office announced.

Researchers say cholera bacterium more deadly, urge vaccination

Researchers said the cholera bacterium today is more deadly than its previous types, urging that vaccines should be considered even after an outbreak starts, according to media reports Friday.

Death toll in Indonesia's vessel blaze rises to 17

The number of deaths in Indonesia' s burned vessel serving from Merak port in Banten province to Bakauheni port in Lampung province has risen to 17. At least 16 were seriously injured and treated in Krakatau Steel hospital in Cilegon, Merak

Traffic chaos in run-up to Tet

VietNamNet Bridge – Fatal traffic accidents have soared in the run up to Tet, raising fears about road safety over the holiday period.

Massage parlour chain boss jailed

VietNamNet Bridge – The HCM City People's Court yesterday, Jan 27, sentenced a 38-year-old man to 12 years in prison for running a sex-ring operation involving at least five massage parlours in HCM City.

Informal poultry sales raise City bird flu concerns

VietNamNet Bridge – Hundreds of illegal poultry shops are operating in HCM City in the lead-up to Tet, sparking concerns about a return of the avian flu H5N1 virus.

Students earn extra money around Tet

VietNamNet Bridge – For some, Tet is a time to spend—be it on gifts, food or decorations. For others, it is a time to save. Recently, more and more college students have decided the holiday is a perfect time to make some extra cash.

Conman buys land posing as journalist

VietNamNet Bridge – Central Da Nang City's police are investigating a land appropriation case in which the suspect posed as a journalist and threatened to blackmail the private Tang Nguyen company in Lien Chieu District.

Road woes eased after barrier removals

VietNamNet Bridge – With construction barriers being pulled down following orders from HCM City authorities, residents are relieved to be able to drive freely on the city's streets again.

Party, Government leaders bring localities Tet greetings

VietNamNet Bridge – Prime Minister Nguyen Tan Dung yesterday, Jan 27, paid a Tet visit to officers and soldiers at the High Command of Border Guards in Ha Noi.

Italian authorities seize eggs contaminated by dioxin

Italian authorities on Thursday seized eggs contaminated by excessive amounts of dioxin levels and prohibited their trade.

48 killed, 121 wounded in Baghdad funeral car bombing

Up to 48 people were killed and 121 others were wounded in a car bomb explosion at a funeral tent in northwestern Baghdad on Thursday, an Interior Ministry source said.

New York battered by record amount of snow in January

New York Mayor Michael Bloomberg announced on Thursday that the city had experienced the snowiest January in history after a thick blanket of snow covered the city.

Massive protests erupt in Yemen to demand ouster of president

Around 15,000 protesters took to streets in the Yemeni capital of Sanaa on Thursday, calling for the ouster of President Ali Abdullah Saleh.