Going natural, more Americans choose herbal Chinese medicine

While the world is turning to green energy, there is a trend in the United States to take "green medicine."

ISS orbit raised by 4.2 km for next docking

The Russian Mission Control Center (MCC) on Wednesday announced it had adjusted the orbit of the International Space Station (ISS) by raising it 4.2 kilometers higher, to create best conditions for next docking.

U.S. stocks refresh 2-year highs on more recovery signs

The U.S. stocks climbed on Wednesday to fresh two-year highs as new economic data showed more recovery signs. The Commerce Department released its final reading of GDP growth before the opening bell, which showed the U.S.

U.S. Senate ratifies nuke arms treaty with Russia

The U.S. Senate voted on Wednesday to ratify a nuclear arms treaty with Russia, delivering President Barack Obama his top foreign policy goal as the lame- duck Congress session draws to an end.

Greek lawmakers set to vote on austerity budget amid protests

Greek lawmakers are set to vote on the 2011 budget draft in the early hours of Thursday amid ongoing strikes and protests by labor unions over painful austerity measures and structural reforms introduced to tackle a severe economic crisis.

S Korea set to conduct massive firing drills near border with DPRK

South Korea is set to stage large-scale drills Thursday involving fighter jets and artillery guns near a heavily fortified land border with the Democratic People's Republic of Korea (DPRK) amid lingering military tension.

Susan Boyle to sing in China

Susan Boyle will sing live in China on New Year's Eve, a local television broadcaster has announced.

Viet Nam to host AFC U19 women's football tourney

VietNamNet Bridge – Viet Nam will host the 2010 Asian Football Confederation (AFC) Under-19 Women's football Championship, the Viet Nam Football Federation (VFF) has announced.

V-League lures foreign players

VietNamNet Bridge – The V-League national football championship, continues to be a lucrative market for foreign footballers, with over 200 players flocking for trials at V-League teams annually.

BUSINESS IN BRIEF 23/12

Private equity investors still keen on Vietnam; Giant complex comes up to par; Ipad screen maker looks at Bac Giang; World Bank case brings benefits; Posco displays a steely resolve; Powered up to beat electricity woes

Ministry ponders policy on mobile number portability

VietNamNet Bridge - Mobile phone users will be able to keep their numbers when switching from one service provider to another, under a policy being drafted by the Ministry of Information and Communications

Firms head to Vietnam to avoid US wood tax

VietNamNet Bridge - Chinese firms are jumping into Vietnam to avoid the US high anti-dumping tax on made-in-China wood products to be applied from next year.

Vincom wins lawsuit over Vincon

VietNamNet Bridge – Vincom has won a prompt victory in the lawsuit against Vincon, where it sues Vincon for imitating its famous brand.

Money will flow strongly to stock market

VietNamNet Bridge – A money flow is running to Vietnam’s stock market cautiously but determinedly, according to Le Xuan Nghia, a well known economist, now Deputy Chair of the National Finance Supervision Council.

SOCIETY IN BRIEF 23/12

4,500 tons of wildlife smuggled through Vietnam annually; No evidence found in alleged child abuse; 2 foreigners drown near Phan Thiet, 1 saved; Bus operator skyrockets bus fares for Tet
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Vietnam’s tra and basa fish facing too many barriers

VietNamNet Bridge – Tra and basa farmers and exporters have been warned about various requirements they will need to satisfy in order to export to different markets.

Vinashin to restructure before it can repay corporate bonds

The chairman of troubled shipbuilding group Vinashin, Nguyen Ngoc Su, spoke to Tin Tuc (News) newspaper about rumours that Credit Suisse had refused to extend repayment of its first $600 million of a total $4.2 billion debt.

Korean food “invading” Vietnam’s market

VietNamNet Bridge – For the last decade, Vietnamese people have been talking about the penetration of Korean culture to Vietnam.  Now they are talking about the “invasion” of Korean food in Vietnam’s market.

Six dead, 47 missing in tornadoes over East Sea

VietNamNet Bridge - Forty seven sailors have gone missing and six were confirmed dead as 26 ships have fallen victim to ferocious tornadoes off the Vietnamese coast in the past week.

Swiss firm opposes VN drugs for patent breach

VietNamNet Bridge - Switzerland’s La Roche AG has demanded a Vietnamese firm to stop making Pegnano on allegations the hepatitis drug uses a compound patented in Vietnam.

New tools to counter a rising power crisis

VietNamNet Bridge - The upgrading of transmission lines and power saving tools will help counter the massive upsurge in electricity demand in the past five years.

Exposure brings state-owned banks under scrutiny

The State Bank of Vietnam yesterday ordered five major state-owned commercial banks to make comprehensive reports on their business operations during 2008-10.

Defense minister congratulates general Vo Nguyen Giap

General Phung Quang Thanh, Politburo member and National Defense Minister, December 21 visited and congratulated legendary General Vo Nguyen Giap on the occasion of the 66th anniversary of the Vietnam People’s Army (December 22).

VFF to hold national meeting on Suzuki Cup loss

VietNamNet Bridge - The Vietnam Football Federation (VFF) said it would convene a meeting next month with coaches and analysts to learn why Vietnam - the defending champion - was eliminated from the ongoing Suzuki Cup 2010.

Lower tariffs will make car imports shoot up

Analysts have foreseen that the lower tariffs would lead to sharp increases in the car imports in the time to come. Especially, domestic automobile manufacturers will stop making cars domestically and shift to import cars for domestic sale.