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1,300 State-owned enterprises to be restructured in five years

Vietnam aims to restructure and renew more than 1,300 State-owned enterprises (SoEs) in the next five years, of which 573 will be equitized.

Police identify 700 illegal street-racers in HCM City

VietNamNet Bridge – Traffic police in HCM City have recorded a total of 776 motorists involved in illegal street-racing and gathering, according to the HCM City Police Department’s Traffic Police Office (PC67).

Trade agreement enhances Viet Nam-US relations: PM

VietNamNet Bridge – The Bilateral Trade Agreement (BTA) between Viet Nam and the US has significantly boosted relations between the two sides, Prime Minister Nguyen Tan Dung said yesterday, Dec 8, upon receiving a US business delegation.

Communication skills to be taught at vocational schools

VietNamNet Bridge – Students at vocational schools will be taught communication skills as an optional subject from the next academic year, according to the Ministry of Education and Training.

Drug reverses aging-associated changes in brain cells: study

Drugs that affect the levels of an important brain protein involved in learning and memory reverse cellular changes in the brain seen during aging, according to an animal study published Wednesday in the Journal of Neuroscience.

Party leader Trong ends Cambodia visit

Party General Secretary Nguyen Phu Trong returned to Hanoi on December 8, concluding the State-level visit to Cambodia at the invitation of King Norodom Sihamoni.

App downloads top 10 billion in Android Market

Google on Tuesday announced that more than 10 billion applications had been downloaded worldwide in its software store Android Market.

Vietnam, Cambodia issue joint statement

Vietnam and Cambodia have reaffirmed their commitment to maintaining and developing the valuable traditional friendship between the two countries.

Manchester "big two" crash out of champions league

Two football giants Manchester United and its city rival both failed to qualify for the last-16 berths here on Wednesday as the group stage of UEFA Champions League concluded.

MoIT still cold to VBF proposal

The Ministry of Industry and Trade is still indifferent to Vietnam Business Forum’s Manufacturing and Distribution Working Group’s proposal for the easing import tariff barriers on mobile phones, alcohol and cosmetics.

Super-fast medical examination: patients suffer the consequences

VietNamNet Bridge – One-minute medical examinations and dependence on machinery has caused errors in diagnosis, and patients are the “victims”.

China to have best view of total lunar eclipse in 10 years

Chinese stargazers will have their best view of a total lunar eclipse in 10 years on Saturday if weather permits, the Zijinshan Astronomical Observatory under the Chinese Academy of Sciences (CAS) said Thursday.

Vietnam’s economy in 2012: “I’m not too pessimistic,” says economist

VietNamNet Bridge – The national economy in 2012 will have to deal with three challenges “carried forward” from 2011, according to Dr Tran Hoang Ngan, Member of the National Assembly’s Economics Committee.

BUSINESS IN BRIEF 9/12

Vietnam-world’s most dynamic bank card market; Stiff competition to hit rice exports next year; Mexico, Viet Nam examine free-trade agreement; Ministry vows to tackle petrol fraud; Banks compete for year-end deposits

Artists share life stories in exhibit

VietNamNet Bridge – Installation works by twin artists Le Ngoc Thanh and Le Duc Hai will be on display in Hue City on Sunday.

S&P places EU, big European banks on negative watch

Standard & Poor's Ratings Services on Wednesday put its ratings on the European Union (EU) and some big banks on negative credit watch, warning possible downgrades within next 90 days if European leaders failed to find a radical solution

HCM City vows to tackle traffic woes

VietNamNet Bridge – HCM City pledged to curb the traffic accidents, aiming to reduce the number of accidents and traffic jams in the country’s economic hub by 10 per cent next year.

VN players hope for two Olympic berths

VietNamNet Bridge – Vietnamese badminton is hoping that two players will qualify for the Olympic Games in London – world No 7 Nguyen Tien Minh and Vu Thu Trang, who won bronze at the Singapore Youth Olympics last year.

France, Germany lay out proposals to beef up EU crisis capabilities

French President Nicolas Sarkozy and German Chancellor Angela Merkel Wednesday submitted a letter to European Union (EU) President Herman Van Rompuy, detailing actions needed to surmount the current debt crisis.

Putin officially submits application to run for presidency

Prime Minister Vladimir Putin on Wednesday officially submitted the paperwork required to register as a candidate in Russia's March 4 presidential election.