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Vietnamese businesses urged to build up capital structuring strategy

VietNamNet Bridge – Big difficulties are attacking Vietnamese businesses from all sides. Meanwhile, they still cannot use the mobilized capital in the most effective way.

BUSINESS IN BRIEF 15/5

Office rents among world highest; Commercial crops give new life to ‘infertile land'; Expansion of good agricultural practices urged; Diesel price hike hits fishing in Ca Mau; Banks to wait on central bank for ATM installation

Manchester United win 19th English title

Manchester United won a record 19th English league title after being drawn 1-1 by Blackburn Rovers on Saturday.

Photos of purest kids

VietNamNet would like to introduce pictures of mountain kids taken by reader Ovuong. Ovuong took these photos while traveling Vietnam’s northern mountainous region.

Discover Vietnam’s largest gold mine

VietNamNet’s Vu Trung spent over a day to discover gold mining and gold processing activities at Vietnam’s largest gold mine - Bong Mieu, in the central province of Quang Nam.

Vietnam-made robots getting smarter

VietNamNet Bridge – Flower robot, bird robot, or the robots which can climb terrains, recognize handwriting or pronounce are all the unique creative products of students throughout the country, which are now displayed at Tech-show 2011.

“Resort capital” Mui Ne attracts Russian travelers

VietNamNet Bridge – Thirty to forty percent of foreign tourists to the southern province of Binh Thuan are Russian, and 95 percent of them go to Ham Tien – Mui Ne water area.

Too high requirements for local partners of equitized lenders

VietNamNet Bridge - The State Bank of Vietnam released a circular regulating on the requirements for obligated strategic partners of equitized banks, which are considered as too high for local investors, experts said.

16-year-old Spanish model in Hanoi

VietNamNet Bridge – Coming to Vietnam at the age of 8 with her father, Andrea Aybar is now a professional model. She is compared as a “strange spice” in fashion shows in Hanoi.

Battle restored at St. Giong Festival 2011

VietNamNet Bridge – The major battle of the St. Giang Festival in Gia Lam district, Hanoi took place on the afternoon of May 11, attracting tens of thousand people.

Vietnam’s hi-tech parks - the next "Silicon Valley"

VietNamNet Bridge - Quang Trung Software Park and Saigon Hi-Tech Park are two leading information technology centers of Vietnam, which are boosting the domestic hi-tech industry with their significant achievements. 

Vietnam’s air force in drilling

VietNamNet Bridge - Below are pictures of an exercise by air-force unit C35 on Su-30 planes. C35 is in charge of defending Vietnam’s southern sky.

Vietnam to have online mapping service

VietNamNet Bridge – The Vietnam Mapping and Measurement Bureau will finalize its project to put Vietnamese maps to the Internet later this year.

The “interest rate bubble” is about to burst out?

VietNamNet Bridge – The monetary market has become scorching hot when the deposit interest rates have climbed to 17-18 percent per annum, while businesses have to borrow capital at the interest rates of 21-23 percent per annum.

Authorities review investing abroad because of low returns

VietNamNet Bridge - There is a growing trend among domestic enterprises to invest in foreign markets but returns remain low, causing authorities to review the situation.

Not to raise debt limit risky for U.S. economy: Bernanke

U.S. Federal Reserve Chairman Ben Bernanke warned Thursday that the U.S. financial system may be destabilized again if the Congress would not raise the government debt limit.

Study shows early treatment with antiretroviral therapy prevents HIV transmission

Early initiation of antiretroviral treatment in people infected with HIV prevents them from transmitting the virus to their partners, according to findings released Thursday from a large-scale international clinical study.

BUSINESS IN BRIEF 14/5

Banks to increase ATM cash withdrawal fee; Lifeless property market gets lift from M&A deals; HCMC eyes private investment in traffic infrastructure; Levi Strauss finds Vietnam a good fit for jeans production 

IMF calls for strengthening policy response to tackle European fiscal challenge

Europe need to take comprehensive and bold policy action to restore fiscal health, address remaining weaknesses in the financial sector, and implement reforms to restore competitiveness and growth, the International Monetary Fund

SBV to keep close eyes on lenders’ investments

VietNamNet Bridge - Many commercial banks expect that their income this year will come from the investment portfolios and services as the government limits the credit growth to curb inflation.