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BUSINESS IN BRIEF 13/7

No increase in petrol prices: ministries; Foreign medicine prices increase again; Foreign direct investment declines; Vinacomin defends recent coal imports; Mekong Delta's post-harvest rice losses hit $635m; Market access can ease rural poverty    

BOT mode not always “luscious fruit” for infrastructure investors

The fact that the investor of the Phu My Bridge project has proposed to “give back” the project to the HCM City People’s Committee, shows that BOT mode does not always bring fat profits to investors as previously thought.

Blast in bus kills 10 near Pakistani capital

A blast in a passenger bus killed at least 10 persons Tuesday in Rawalpindi near Pakistani capital Islamabad, local media reported.

Viet Nam to compete in ASEAN U-13 Champs

VietNamNet Bridge – The U-13 Binh Dinh football team will represent Viet Nam at the ASEAN U-13 Football Championship in Thailand held from July 15-18.

IMF ex-chief Strauss-Kahn court date postponed to Aug

Manhattan District Attorney and lawyers for the International Monetary Fund (IMF) ex-chief Dominique Strauss-Kahn agreed on Monday to postpone the next court hearing in the sexual assault case to Aug. 1 from July 18.

Developing smart cities in Vietnam, why not?

While smart city is now a growing trend in the world, investors in Vietnam still seem to “forget” to equip construction works with powerful information technology infrastructure to create new smart urban areas.

Nostalgia and China’s casuistry for U-shape line

Mentioning China’s casuistry “anything that is related to my name, it’s mine”, one commented ironically: “The sea is called South China Sea, so it belongs to China? Similarly, the Indian Ocean will belong to India?”.

Vietnam wins WTO anti-dumping case against US

Vietnam scored a victory Monday in its first challenge at the World Trade Organization against the United States over anti-dumping measures imposed by Washington on frozen shrimps.

Toy planes fly in Lang Co Bay

VietNamNet Bridge – The sound of engines and amazing aerial aerobatics by miniature planes of two clubs from the central cities of Da Nang and Hue, attracted local residents and tourists on Lang Co beach.

Gov’t to quickly appoint young vice chairs for poor communes

Instead of implementing an experimental program in five provinces in 2011-2012, with 100 members; Prime Minister Nguyen Tan Dung has decided to expand the program to 20 provinces, with 600 members.

Book naming 4,000 martyrs makes Vietnam’s record

VietNamNet Bridge – After nearly 40 years, the list of more than 4,000 martyrs in the 81-day battle of 1972, in the ancient citadel of Quang Tri province, has been made public in the single-copy book entitled “Legends of Quang Tri Ancient Citadel”.

ART & ENTERTAINMENT IN BRIEF 12/7

Vietnamese artists perform in Philippines; British Council Vietnam to launch Art Fund; Website for social campaigns launched; Korean star to visit Vietnam for charity work; Vietnam’s children chorus wins three prizes in Germany;

Death toll of Russian ship sinking rises to 65

The Russian Emergency Situations Ministry has confirmed early Tuesday that at least 65 were killed in Sunday's ship sinking in the Volga River.

Enterprises sell electricity to China, Government purchases electricity from China

A paradox has existed: while power plants have capacity in excess and they have to sell electricity to China, the Electricity of Vietnam (EVN) still plans to purchase electricity from China in the upcoming years.

Vietnam imposes environment tax to make life healthier

The environmental protection law will be valid as of January 1, 2012, or after five months. The environment tax, in the immediate time, will be imposed on eight categories of products which are considered to have big impacts on the environment.

Coal conveyor to reduce pollution

A conveyor tube transferring coal from Mao Khe Mine to Ben Can Port in northeastern Quang Ninh Province's Dong Trieu District is expected to put an end to air pollution caused by coal trucks in the region from August, if implemented on schedule.

SOCIETY IN BRIEF 12/7

Biogas reservoirs for rural households; 39 dead bodies found in former coffin shop; Overseas students to get new association; Vietnamese-French awarded France’s top honor

Room occupancy capacity low, hotels push up feast services

In the current difficult circumstances, when people fasten their belt and cut down budget on traveling, hotels do not have many guests and they have to push up the feast business in order to offset the low room occupancy capacity.

Regulators vow sufficient electrical supply

VietNamNet Bridge –The total output of electricity for the rest of the year is scheduled to be 3 – 10 per cent higher than expected, meeting the country's power demand, according to the Electricity Regulatory Authority of Viet Nam (ERAV).

Purchasing power lowest, inventory highest than ever

Most of industries have reported the high level of inventory, saying that the big stocks are the consequence of high inflation. Experts have also warned that this is the first manifestation of the economic stagnation which needs to be settled soon.