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Commercialization threatens traditional festivals

 VietNamNet Bridge – Well-known traditional festivals in Vietnam like Lim – Bac Ninh love duet or Vieng – buying good luck, selling bad luck are being commercialized. Their traditional values are being eroded.

Local telecoms hook into global market

Military-owned telecom operator Viettel has said investment in foreign markets is a vital task. Last month the company received a licence to operate in Peru, its fifth foreign markets after Cambodia, Laos, Haiti and Mozambique.

BUSINESS IN BRIEF 20/2

Vietnam hands over hydro-power plant to Laos; US-Vietnam trade hit record high; Vietnam now more popular with Russian tourists; Vietnam-South Africa trade turnover reaches highest level so far

GOVERNMENT IN BRIEF 20/2

Vietnam’s public security delegation visits Cambodia; Vietnam addresses session on UNHRC review; Cuba publishes book on President Ho Chi Minh; Vietnam follows developments in Sudan and Egypt

Quang Nam to set up reserve for rare wild ox

VietNamNet Bridge - The central province will create a 16,500-hectare reserve to protect the saola, a forest-dwelling bovine found only in Vietnam and in Laos.

Patrons unamused by bad comedies

An increasing number of comedy plays are organised every night at theatres, bars and music clubs across HCM City, but audiences are not satisfied with the quality of scripts and performances.

Japan funds US$3.9 million to reduce greenhouse effect

VietNamNet Bridge - Japan will fund Vietnam with US$3.9 million to reduce the greenhouse effect by using more natural rubber.

Hue to host Traditional Craft Festival 2011

VietNamNet Bridge - Hue Traditional Craft Festival 2011 for promoting Vietnamese food and ornamental plants will be held from April 30 to May 3.

International airport to boost Quang Ninh

VietNamNet Bridge - Korea’s Joinus Company Ltd is closer to getting its Quang Ninh province international airport project airborne.

PM curbs emission-generating technologies

Prime Minister Nguyen Tan Dung has ordered that investment in technologies that release high levels of emissions must be halted, considering the fight against climate change and sea level rise a matter of life and death.

High voltage power debate

VietNamNet Bridge - Potential big jumps in electricity prices are continuing to generate a lot of hot public debate.

Hanoi sets up committee to save legendary turtle

Hanoi government has set up an emergency committee to protect the legendary turtle living in Hoan Kiem Lake, the city’s People Committee’s chairman Nguyen The Thao Thursday announced.

SPORTS IN BRIEF 19/2

Coach Hai appeals match ban; Hectic competition for tennis teen; Indonesia cuts events from Games; 2011 int’l windsurfing competition closes

Global review: A new global food crisis looms

Soaring food prices, which the World Bank says have hit "dangerous levels," have thrust the issue of food security sharply into the global spotlight over the past week.

Gov’t submits supplementary economic report

VietNamNet Bridge - The State budget overspending in 2010 stood at VND109.4 trillion , equal to 5.6 percent of GDP, according to the Government’s report.

NA Standing Committee closes 38th session

VietNamNet Bridge - The 38th session of the 12th National Assembly (NA) Standing Committee concluded on February 19.

Gold sets all-time fresh record, dollar edges up

VietNamNet Bridge - Saturday’s gold price climbed to VND38.27 million a tael, breaking the all-time record of VND38.2 million a tael set in November last year, while dollar inched up to VND22,300 a dollar

SOCIETY IN BRIEF 19/2

Man killed as motorbike bursts into flame; 1 more Vinashin official arrested, 1 charged; Jilted Singaporean man sets house on fire; Vietnam learns nuclear regulations from US; Victims sue after UK citizens assaulted at club

BUSINESS IN BRIEF 19/2

Property ownership limits stir controversy; Property trading floors under fire; Operations begin at Binh Dinh terminal; New air route to link Ha Noi-Phu Quoc; 4,000 tonnes of goods pass over border gate  

Taming prices: economists show the way

With probable hikes in electricity and fuel prices looming over the economy and threatening to have an adverse impact on people’s lives and on industry, what the government should do to keep inflation under control?