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Race for mobilizing gold, non-dollar deposits raises new risks

The gold and non-dollar deposit interest rates have been escalating in recent days, signaling a new interest rate race among banks. Experts have warned that the race will distort the monetary market and raise new risks for the banking system.

Phan Thi Mo finally licensed to attend Miss Earth

VietNamNet Bridge – The Performing Art Agency has permitted Phan Thi Mo, who was in the top five the Miss Vietnam World 2010 pageant, to participate in Miss Earth 2011. Mo will go to the Philippines today, November 24.

Chamber music soothes public's ears

VietNamNet Bridge – The orchestra plays as a large crowd of people listen attentively, seemingly oblivious to the street noise and roaring traffic that can also be heard at this outdoor concert.

Hanoi’s dreams in Canada

VietNamNet Bridge – Tens of paintings by five Vietnamese talented painters are displayed at an exhibition entitled “Hanoi Dreams” in Toronto, Canada.

Vietnam prepares to welcome investment wave from Japan

Japanese businesses are flocking to Vietnam to seek investment opportunities in the wave of relocating production bases to other countries to avoid high labor cost and natural calamities.

Greater co-operation urged to protect environment

VietNamNet Bridge – The Viet Nam Environment Administration is drafting a set of regulations to prepare for the opening of a network to boost communication about the environment.

Kidney trading gang jailed for 5 to 6 years

VietNamNet Bridge – The People's Court in Can Tho City on Tuesday sentenced four members of a kidney-trading ring to prison for five to six years each on charges of "organising people to flee the country".

SOCIETY IN BRIEF 24/11

ASEM high-level forum on employment and social policy; Police seize bike racers using fishing nets; Mekong River Commission hands HYCOS over to Vietnam

VN doesn’t have responsibility to world food security, Agriculture Minister says

“Rice is our advantage and the selection of history. Vietnam doesn’t produce rice to ensure world food security but for our country,” said Minister of Agriculture and Rural Development at the question and answer session on November 23.

Wall Street sell-offs extend to sixth day

Wall Street sell-offs continued on Wednesday before the Thanksgiving Holiday, as investors apparently found no reason to buy in the market amid a batch of tepid economic data and European woes.

Death toll rises as protests, clashes continue across Egypt

The death toll from the latest round of clashes which started over the weekend between protestors and the police across Egypt has risen to 35, the country's health ministry said Wednesday.

Vietnam’s football gets to reform after SEA Games failure

After the disappointed failure at the Southeast Asian Games 26, the founding committee of the Vietnam Professional Football JS Company (VPF) has made some significant decisions.

Pilot suspected of using fake license now works in Laos

VietNamNet Bridge – Korean pilot Kim Tae Hun, who is suspected to use fake license, is now working for an airline in Laos, after quitting Vietnam Airlines.

“Athletes” on the roof of Indochina

VietNamNet Bridge – Carrying luggage of up to 40kg on papooses to the peak of 3,143m Fansipan mount is the job of native porters, who assist tourists to conquer the highest mountain in Indochina.

Tuyet Lan to compete at Elite Model Look World

VietNamNet Bridge – The runner-up of the first-season Vietnam’s Next Top Model will participate in the Elite Model Look World 2011 in Shanghai, China.

New badger species discovered in Vietnam

After several years of research, the Cuc Phuong Primates Rescue Center has confirmed that a Melogale badger that was found in Vietnam’s Cuc Phuong National Park in 2006 is a new species, named Melogale cucphuongensis sp. nov.

Businesses now keep indifferent to stock market

Businesses once rushed to list their shares on the bourse, believing that the stock market is a good channel for them to mobilize capital. However, nowadays, when the VN Index fell by 22 percent, they have changed their mind.

The rod of the teacher

Whether to use the rod in education has become a controversial topic.

ICC chief prosecutor says Gaddafi's son Saif al Islam to be tried inside Libya

The chief prosecutor of the International Criminal Court (ICC) said here Wednesday that Saif al-Islam, the captured son of slain Libyan leader Muammar Gaddafi, will be tried inside Libya.

Nghe An: Abandoned pesticides threaten health

Decades of improper management at a pesticide storehouse in the heart of central Nghe An Province's Tho Son Commune has left residents living in fear of the impact pesticides have on their health and environment.