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What’s behind the 2.8 million of billions dong worth of capital?

According to the State Bank of Vietnam, by the end of October 2011, the total capital mobilized by credit institutions had reached 2.8 million of billions of dong.

Liem’s first loss at Aeroflot Chess Open

VietNamNet Bridge – Vietnam’s international GM Le Quang Liem failed to hold on to his unbeaten streak at the Aeroflot Chess Open, losing to his host Alexander Khalifman on February 11.

Rough year ahead for Vietnam’s garment industry

With an unstable export market this year, the larger garment and textile companies are heaving a sigh of relief as most of their workers returned back to work after a lengthy Tet holiday.

Bai Dinh - The temple of records

Bai Dinh Pagoda in the northern province of Ninh Binh is famous for its great size and beautiful architecture, and also well-known for its record number of huge Buddha statues.

UK among Vietnam’s top ten visitor-generating markets

The UK has for the first time in seven years become one of Vietnam’s top ten visitor-generating markets, with nearly 18,000 Britons coming here last month, a year-on-year increase of 39.7%, reported the Vietnam National Administration of Tourism.

Olympic hopefuls have five chances

Three Vietnamese athletes expected to book a berth at the London Olympics for Viet Nam are Truong Thanh Hang, Vu Thi Huong and Duong Thi Viet Anh. The trio have five chances left to qualify.

South Africa, Swiss company to produce cheaper HIV drugs

The South African government on Friday launched a venture with a Swiss company to manufacture anti- retroviral drugs.

Quadriplegic artist is brushed by fate

When a serious traffic accident left him paralysed 14 years ago, Do Minh Tam, an electrician by profession, sank into depression. His life would serve no purpose since he was completely helpless, he thought.

The bright and dark parts of the bond market in 2012

The Vietnamese bond market may witness a restructuring in 2012 when a big volume of bonds becomes matured and state management agencies draw up a plan to restructure the market. However, experts’ opinions about the market in 2012 vary.

Protecting preventive forests remains a thorny struggle

Local residents and illegal lumberjacks have been ignoring the laws and destroyed the forests. Meanwhile, local authorities say they do not know about that because they are not reported.

A miniature Vietnam in Kangaroo Land

More than 40,000 Vietnamese people have settled in the Cabramatta suburb of Fairfield, New South Wales, Australia, 30km southwest of Sydney.

Foreigners out muscle local mobile players

This year will be tough for Vietnamese mobile firms.

“Banh phu the” – symbol of loyalty between husband and wife

“Banh phu the” or the conjugal cake is one of the favorite traditional cakes in Vietnam, but it embodies the philosophy of yin and yang in the nation.

BUSINESS IN BRIEF 12/2

HCMC prepares for a vibrant Valentine’s Day; Banks to address liquidity issues; Prices of dairy products increase in Vietnam; Poor Jan sales signal rocky road for auto industry; Stock trading to be put under stricter supervision

Hai Phong to follow PM’s decision on land protest

VietNamNet Bridge – Hai Phong city’s People’s Committee plans to carry out the Prime Minister’s directives on the Tien Lang land protest by March 30.

Greek gov't approves debt deal: media

Greece's coalition government had approved a eurozone debt deal that were tabled in parliament for a vote over the weekend, local ANA agency said early Saturday.

Apple to announce iPad 3 in early March: report

Apple has chosen the first week in March to introduce the successor to the iPad 2 in one of its signature events in San Francisco, U.S. media reported Thursday.

CIA's website taken down by hackers: media

Websites of U.S. Central Intelligence Agency (CIA) and Alabama state government were taken down by hackers on Friday, reports indicated.

U.S. federal budget deficit drops to 27.4 billion dollars in January

The U.S. federal government reported a budget deficit of 27.4 billion U.S. dollars in January, the U.S. Treasury Department said on Friday.

Argentina, Britain spat over disputed islets at UN headquarters

Senior diplomats from Argentina and Britain on Friday traded accusations over the contested Malvinas Islands (called by Britain as Falkland Islands) at separate press conferences held at the UN Headquarters in New York.