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Commercial banks less interested in bonds

VietNamNet Bridge – Concerned that the bond interest rates are not attractive, while having to concentrate on providing loans to fund production and business, a lot of banks have decreased the volumes of bonds they purchased in the last two weeks.

Education Minister: low marks for history not a disaster

VietNamNet Bridge – Minister of Education and Training, Pham Vu Luan said that it would not be considered a “disaster” if students nowadays rush to learn foreign languages and informatics, while they pay less attention to literature or history.

S’pore firm to be named for designing casino project

VietNamNet Bridge - A Singaporean consulting company will likely be chosen to map out the model of the country’s only tourism and casino complex on Phu Quoc Island off the southern province of Kien Giang, and official said.

ART & ENTERTAINMENT IN BRIEF 3/8

Sea village festival opens; Vietnamese artist to receive Dutch award; Photos of old Sai Gon shown out of doors; First children’s reality show on HTV7; Hi School Fair hits capital     

Bankers say interest rates won’t decrease by year end

VietNamNet Bridge – The lending interest rates have been staying firm at 21-22 percent per annum, while bankers say that they have no reason to ease interest rates towards the end of the year.

Supermodels in lotus-inspired designs

VietNamNet Bridge – Vietnam’s top models--Hoang Yen, Lan Huong and  Ngoc Thach… performed in splendid night gowns, in designer Quynh Paris’ “Perfume and Beauty” collection at the “Platinum Festival Night 2011” in HCM City last weekend.

Wall Street drops on economic concerns after Washington debt deal

The Wall Street closed sharply lower on Tuesday after Washington debt battle as investors lost confidence on economic recovery, with the S&P 500 hitting the lowest point for the year.

Mubarak's trial starts in Cairo

Former Egyptian president Hosni Mubarak's trial started Wednesday in Cairo's Police Academy.

Vietnam’s carbon forest market roused

After the initial success from the first carbon forest project (forest to absorb carbon), Vietnam Carbon Exchange (VCE) and its partner Voluntary Credits Limited (VCL) from Australia have roused the Vietnamese potential carbon forest market.

Vung Tau maritime port authorities denounced of hampering enterprises

Some enterprises, which provide ship towing services in Vung Tau City, complain that they are “more dead than alive” because of the difficulties the Vung Tau port authorities put for them.

Lacking standard tour guides, travel firms call for help

Nearly 400 tour guides in HCM City have reportedly unable to meet the requirements for renewing their practice cards because they do not have university degrees.

Japanese writer receives medal

VietNamNet Bridge – Japanese writer Hiramatsu Tomoko on Monday received the Medal for Peace and Friendship from the Viet Nam Union of Friendship Associations for her enthusiasm and devotion to the Vietnamese people.

SOCIETY IN BRIEF 3/8

Support for mental health; Insulted bike stuntman attacks spectator, killed; Data theft hits 85,000 computers; Police fire shots to stop timber traffickers’ vans

Top four teams clash at PV Cup

VietNamNet Bridge – Four top men's and women's volleyball teams are set to compete at the Four-Star Volleyball tournament-PV Cup in central Quang Binh Province over the weekend.

FDI plunges in property sector

VietNamNet Bridge - Foreign investment in the property sector this year has been the lowest in the last five years, with analysts attributing it to the lingering impact of the economic meltdown.

Obama signs bipartisan debt ceiling bill into law

U.S. President Barack Obama Tuesday afternoon signed a bipartisan bill of raising the nation's debt limit into law, ending the month-long perilous stalemate and averting a potentially catastrophic debt default risk.

1st UK plastic heart patient goes home

The first man in Britain who received a complete plastic heart is allowed to leave hospital and live a relatively normal life at home.

Open policies required to control gold fluctuation, says expert

VietNamNet Bridge - Open and market-oriented policies will put gold under control, says director Tran Trong Quoc Khanh of a gold shop of the Asia Commercial Bank. 

National Assembly approves new cabinet

VietNamNet Bridge – The National Assembly approved the new 27-member government this morning, August 3.

Early minimum wage hike creates stir

VietNamNet Bridge –The Ministry of Labour, Invalids and Social Affairs' proposal to increase the minimum wage three months earlier than scheduled has caused controversy among enterprises and State agencies.