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Gold market stabilization program fails

VietNamNet Bridge – The State Bank of Vietnam has applied a series of measures to stabilize the gold prices. However, to date, the domestic price is still higher by 3 million dong per tael than the world’s price.

BUSINESS IN BRIEF 23/12

Nation urged to boost hi-tech investment; Vietnam’s industrial competitiveness sees a high jump; Commodities demand to grow; Seafood exports to reel in $10 billion by 2020; New rules on consular certification 

Bank reforms need supervisory system

A national financial supervisory system with sanctioning authority would minimise risks in the nation's banking and financial industry, said National Financial Supervisory Committee chairman Vu Viet Ngoan.

Santa Clauses ride motorbikes to deliver gifts

VietNamNet Bridge – Some members of the Hanoi Motor Club on December 21 disguised themselves as Santa Clauses, rode on big bikes to deliver gifts to kids.

Vietnam Airlines adds 112,000 tickets for Tet

National flag carrier, Vietnam Airlines will continue to sell 112,000 additional tickets on the Hanoi, Da Nang and Ho Chi Minh City routes for the coming Tet holiday season before January 1, 2012.

Global economy in 2012 may be worse: IMF chief economist

With downside risks in advanced economies increasing and policy environment uncertain, the world economy may see worse conditions in the coming year, warned chief economist Olivier Blanchard of the International Monetary Fund

ART & ENTERTAINMENT IN BRIEF 22/12

Asteroids Galaxy Tour to perform in Hanoi for New Year; HCM City launches new tourism programme; National Television Festival concludes; Celebrities pull stunts with scanty clothes; Italian artist to feature mouth harp in Hanoi  

Beckham to join French club Paris Saint-Germain: paper

Veteran British midfielder David Beckham will join soon French top league soccer club Pari Saint-Germain (PSG) for 18 months, a local daily reported Wednesday.

Where to celebrate Christmas in town

Have you planned to make any special things for Christmas? Here are some destinations suggested as ideal venues in town.

Impressive victory for Vietnam at World Chess Champs

VietNamNet Bridge – Vietnam surprisingly defeated stronger Georgia 3-1 in the third round of the 2011 Women’s World Chess Team Championship (WWCT2011) in Mardin, Turkey, on December 21.

CPI projected below 1% in December

Breaking the traditional pattern of strong consumer price index (CPI) growth at year-end, the December CPI in Hanoi and HCMC, the country’s two biggest cities, is forecast to inch up less than 1%.

Iran invites IAEA inspectors to visit its nuclear establishments

Iran's permanent representative to the International Atomic Energy Agency (IAEA) Ali-Asghar Soltanieh said that the Islamic Republic has invited IAEA inspectors to visit the country's nuclear establishments,

Fuel wholesalers engage in transfer pricing: experts

With many fuel wholesalers paying high commissions to dealers whose stakes or controlling interests are held by the former, instead of cutting retail prices to help consumers, experts are claiming that this is a case of transfer pricing.

Vietnam joins hands to build int’l fiber optical cable system

VietNamNet Bridge – Vietnam will join other partners in constructing the Asia-Pacific Gateway (APG), a US$500 million international fiber optical cable system linking nine countries and territories in the region. 

2011 – Year for live shows of foreign stars in Vietnam

Vietnamese music fans welcomed 10 well-known foreign singers and bands this year, from senior names like Bob Dyland, Backstreet Boys, Westlife to boybands and girlbands which are at their peak of career like Super Junior and 2NE1.

Young people ‘recruit’ partners for Christmas

VietNamNet Bridge – Several weeks before the Christmas, small ads on seeking temporary girlfriends or boyfriends began to appear on the Internet. Some people even post their portraits.

900 English tourists to enter Sai Gon Port

VietNamNet Bridge – A large group of several hundred tourists are set to arrive at Sai Gon Port tomorrow as part of a Voyages of Discovery cruise.

SOCIETY IN BRIEF 22/12

One tonne of smuggled MSG confiscated; Police seize illegally traded US dollars, dong in HCMC; Short circuit causes fire to 4 houses; Workers barred from taking Korean exam; Generator gas fumes kill three-year-old boy

Long Bien Bridge: past and present

VietNamNet Bridge – Lively images of the historic Long Bien Bridge, dating from past to present, have been put on display at an on-going exhibition near Hoan Kiem Lake.

Special class offers hope for young patients

VietNamNet Bridge – After more than a week of high fever resulting from intensive treatment for his leukaemia, 12-year-old Nguyen Xuan Nam was finally able to return to his class at the National Hospital of Paediatrics.