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SOCIETY IN BRIEF 16/10

 Building in HCMC collapses, injures 11; Thu Thiem tunnel to open to traffic next month; Overseas Vietnamese confesses to robbery

G20 financial leaders expect bigger European bailout fund for debt crisis

G20 financial leaders gathering in Paris welcomed the progress the Europe made on the eurozone debt issue on Saturday, but meanwhile expected the euro area to rely more on itself with bigger bailout fund to avoid contagion.

Gymnastics: Vietnam win first world medal

Phan Thi Ha Thanh won Vietnam's first world-class gymnastics medal as she finished third in the women's vault at the world championships in Tokyo Saturday on the eve of her 20th birthday.

World Bank: Vietnamese students lack skills

While access to higher education has been growing fast in Vietnam over the last decade, many challenges remain for tertiary education institutions to improve skill delivery, said the World Bank in a report released in Hanoi on Thursday.

Two tennis champions oppose SEA Games list

Two men’s and women’s tennis champions, Do Minh Quan and Huynh Phuong Dai Trang, have stated they would withdraw from the Southeast Asian Games 2011 if the Vietnam Tennis Federation does not call up Mai Huynh and Quoc Khanh.

HCM City to expand housing area

VietNamNet Bridge – The city's Construction Department targets developing 8.4 million sq.m. of housing by the end of the year, according to Nguyen Van Danh, deputy director of the department.

Italian gov't clears financial stability decree

The Italian government approved on Friday a financial stability decree aimed at securing public finances by cutting down the expenditures of several ministries.

U.S. Treasury postpones semi-annual currency report

The U.S. Treasury Department announced Friday that it will delay the publication of its semi- annual currency report to Congress.

Climate change – the threat comes closer

Vietnam is considered one of the five most vulnerable countries in the world which may be the biggest sufferers in the global climate change.

Vietnam-China joint statement

Vietnam and China issued a joint statement on the occasion of Vietnamese Party General Secretary Nguyen Phu Trong’s official visit to China from Oct 11-15 at the invitation of Chinese Party General Secretary and President Hu Jintao.

Industrial zones arise, thousands of hectares of agricultural land disappear

Developing IZ is an important strategy for the modernization and industrialization. However, the unreasonable programming has turned thousands of hectares of agricultural land into a waste.

Dong Nai 6 and 6A hydro-power projects: Where is the truth?

Local newspapers have recently written many articles about Dong Nai 6 and 6A hydro-power projects. Some newspapers protested the construction of these plants inside Cat Tien National Park, and some others supported. What is the truth?

BUSINESS IN BRIEF 16/10

Deputy minister backs airline request for higher fare ceiling; Experts call for fresh look at border economic zones; HCMC slow e-customs clearance worries businesses; Vietnam attracts foreign telecom investors; Garment firms seek a good fit  

IT NEWS

FPT affiliate starts human resources project with Tran Anh Co; Kaspersky launches Vietnamese protection software; VN positioned fourth in mobile internet advertising market; Vinaphone provides Vstore entertainment service for users

Export turnover high, profit low

The Ministry of Industry and Trade has announced with great pleasure--the impressive export growth rate in the first nine months of the year. However, exporters themselves do not feel so happy because the actual profit is really modest.

Fat profit prompts businesses to distribute games

VietNamNet Bridge – A lot of enterprises are rushing to distribute games, despite the legal barriers and the current difficulties, because games can bring attractive profit.

Can Vietnam reap fruits from the “education with excessive universities?”

VietNamNet Bridge – The 2011 enrolment season has finished. A lot of schools cannot find enough students, while many training branches have been shut down.

Google quarterly earnings top estimates

The Internet search giant Google on Thursday released its third fiscal quarter earnings report, posting strong numbers that beat analysts' estimates.

Foreign food invading domestic market

Producers and exporters from Europe, the US and Australia have been promoting the sale of farm produce to Vietnam, the country with 80 percent of population living on agricultural production.

Comets may be major source of water on earth: study

Scientists found a comet with the same chemical composition as the Earth’s oceans, suggesting that comets might water the Earth originally, according to Reuters.