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Part 3: The fight against FIEs’ price transfer and tax evasion

A lot of foreign invested enterprises (FIEs) in Lam Dong province have been believed to play tricks to evade tax.

IMF mission to gauge Ukraine's reform progress

A mission of the International Monetary Fund (IMF) will arrive in Ukraine in late October to check progress of reforms, Deputy Prime Minister Sergiy Tigipko said Wednesday.

Chessdom interviews Vietnam's leading chess player Le Quang Liem

VietNamNet Bridge would like to introduce the recent interview of Chessdom website with Vietnam's top chess player, Grand Master Le Quang Liem.

U.S. study shows green tea helps mice keep off extra pounds

Green tea may slow down weight gain and serve as another tool in the fight against obesity, according to U.S. Pennsylvania State University food scientists.

Russian capital outflow may hit $50 bln in 2011

Capital outflow from Russia may hit 50 billion U.S. dollars in 2011, said Deputy Minister of Economic Development Andrei Klepach on Wednesday.

ASEAN boosts Rule of Law at national and int’l levels

VietNamNet Bridge – ASEAN is committed to realising a community of Southeast Asia nations that is grounded upon a firm commitment to the rule of law at national, regional and international levels.

BUSINESS IN BRIEF 6/10

Cement exports not feasible despite glut; Car importer laments wrong tax calculation; Banks play down Gov’t credit growth, money supply targets; Steel firm seeks foreign partners; Vietnam takes part in coffee conference in London 

Pharmacist testifies about Propofol during trial against Michael Jackson's physician

A Las Vegas pharmacist testified on Tuesday as the involuntary manslaughter trial about late pop icon Michael Jackson's personal physician Conrad Murray entered the sixth day of proceedings, telling the court that. . .

Ship grounded on New Zealand reef watched for signs of oil spill

New Zealand's shipping authorities have cordoned off a Liberian-flagged container ship that has grounded on a reef off the east of the North Island as they attempt to assess whether it poses an environmental risk.

PM Nguyen Tan Dung in Ukraine

Prime Minister Nguyen Tan Dung arrived in Kiev yesterday, beginning his three-day official visit to Ukraine at the invitation of Prime Minister Mykola Azarov.

Russia, China veto UN draft resolution on Syria

Russia and China, the two permanent members of the UN Security Council, on Tuesday vetoed a draft resolution, which meant to strongly condemn "the continued grave and systematic human rights violations by the Syrian authorities"

Monetary policy not panacea for U.S. economic woes: Bernanke

U.S. Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday that monetary policy is not "panacea" for curing the U.S. economic problems, while calling for the Congress and all economic policymakers to act together

Dog bites off 2-month-baby’s penis

VietNamNet Bridge – Returning home, a mother in Ky Son district in the central province of Nghe An detected that a dog bit off her baby’s penis.

Party Chief Nguyen Phu Trong to visit China next week

VietNamNet Bridge - General Secretary of the Communist Party of Vietnam (CPV) Central Committee, Nguyen Phu Trong, will pay an official visit to China from October 11-15.

NA deputy warns of water exhaustion

VietNamNet Bridge – Chairman of the National Assembly’s (NA) Committee for Science, Technology and Environment, Phan Xuan Dung, has warned that rivers would die one day if Vietnam does not change its policy on water resource management.

Businessman promises $500,000 bonus for national football squad

VietNamNet Bridge – Hoang Anh Gia Lai football club’s Chair, Doan Nguyen Duc, a famous businessman, has pledged bonus of VND11 billion ($500,000) for the championship of the Southeast Asian Games 2011.

Retail market warms up

Experts say the domestic distribution market will receive more big foreign retailers. Meanwhile, the existing distribution chains in Vietnam also plan to expand their investment scale.

Baby with four hands operated on

VietNamNet Bridge – HCM City-based Children’s Hospital 2 has announced to have successfully conducted an operation for a baby with four hands on October 4.

SOCIETY IN BRIEF 5/10

Blaze destroys 50 houses in Tra Vinh; Border police rescue 3 women from trafficking ring; Ha Noi to open 23 express bus routes; Tax agency found withholding $69.2mil

Saigon’s trade streets

VietNamNet Bridge – Saigon has streets of Chinese traditional medicines, ornamental birds and fish, wedding invitation cards, etc.