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Despite problems, banks still attractive enough to foreign investors

The pressure of the fierce competition in the banking sector and the ongoing bank restructuring process--both cannot lessen the attractiveness of the sector. Money keeps flowing into banks even in their most difficult period.

New Greek coalition government sworn in

Greece's new coalition government headed by former European Central Bank Vice President Lucas Papademos was sworn in on Friday, amid hopes to put an end to the country's political turmoil.

National Assembly approves VND59 trillion for salary increase in 2012

The Vietnamese National Assembly (NA) approved VND59.3 trillion ($2.83 billion) for salary increases in the 2012 at a meeting on November 10.

Mexican minister killed in helicopter crash

Mexican Interior Minister Francisco Blake Mora and Vice Interior Minister Felipe Zamora were killed in a helicopter crash on Friday, official sources said.

European music festival to be held in Hanoi and Ho Chi Minh City

The European Music Festival 2011 will be held at the Youth Theater in Hanoi and the Ho Chi Minh City Music Conservatory from November 17 – 28.

SOCIETY IN BRIEF 12/11

WB programme to help reduce poverty in Vietnam; Lawmakers pan use of farmlands for industry; Mekong to develop flood-proof housing

Dau Tieng case: says one thing and does another

More than 300 households on Nhim Island were told to leave the island to protect the water resource of the Dau Tieng reservoir. They did not know that they had to leave to give place for a film studio.

When will the “made-in-Vietnam robot” dream come true?

While manufacturers in the world have gone far in the robot industry, Vietnam-made robots still cannot go beyond the laboratories.

SEA Games 26 opens in Indonesia

The bright and colourful opening ceremony of the 26th Southeast Asia Games (SEA Games 26) took place in Palembang city in the South Sumatra province of Indonesia on the evening of November 11.

ART & ENTERTAINMENT IN BRIEF 12/11

HCM City to celebrate Japan-VN Day; Veteran composer to be honoured; Museum honours literature; Work kicks off on VN's largest ever film studio

Wedding ceremony for 80 couples in HCM City

A mass wedding ceremony, the largest of its kind, was held for 80 couples of workers in Ho Chi Minh City on November 11.

Mekong River’s future hydropower studied

The potential impacts of hydroelectric power projects to be built on the main streams of the Mekong River were assessed at a seminar in Hanoi on November 10.

More focus on home building

VietNamNet Bridge – The Ministry of Construction is targeting an increase of 100,000sq.m of housing space each year during the 2011-20 period in an effort to meet demands and raise living standards.

SEA Games 26: First bronze medal for Vietnam

VietNamNet Bridge – Canoeist Tran Van Long won Viet Nam its first medal in the C1 1,000m at the 26th Southeast Asian (SEA) Games yesterday morning, Nov 11.

Hot springs offer visitors a break from hectic work weeks, city life

VietNamNet Bridge – Hanoian office worker Tran Thi Bich Ngan wanted to find somewhere to relax at he weekends following a hard five days spent at work.

Measurement regulation violation fines increased

VietNamNet Bridge – The National Assembly declared yesterday that individuals found to be in violation of measurement regulations would be subjected to administrative punishment or face legal action, depending on the severity of the infringement.

Developing human resources for nuclear power sector

Training human resources for the nuclear power sector will be the top priority in Vietnam’s National Nuclear Power Programme until 2020, says Deputy Minister of Science and Technology Le Dinh Tien.

Vietnam President meets with US Secretary of State in Hawaii

Viet Nam always attached importance to its relations with the United States as a partner of strategic importance and praised the increased co-operation between the US and regional countries for peace, stability and development,

40 companies registered under one name

For the last two months, a man in Ho Chi Minh City has managed to register under his name nearly 40 new businesses as subsidiaries of a Da Nang-based company with dubious operation.

Ha Noi says no to cars on pavement

 VietNamNet Bridge –  The capital People's Committee has called on district authorities to halt the issue of licences allowing cars to park on city pavements.