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“Don’t panic and cry out ‘inflation!’ whenever prices go up,” expert says

Every time when the consumer price index CPI increased, policy makers hastily concluded this was the high inflation and hurriedly tightened the monetary policies and raised interest rates.

Foreign woman who heals injured hearts

Being obsessed by Vietnamese disadvantaged children, a professor of history from the US has devoted her assets and her life to provide vocational training to disabled childrenand to help heart patients in Vietnam.

Wooden furniture manufacturers don’t fear order shortage, fear higher costs

VietNamNet Bridge – Vietnam hopes to earn $4 billion this year from wooden furniture exports. However, producers are worried stiff because the input material prices keep increasing.

Vietnamese soccer players have facebook fever

VietNamNet Bridge - Vietnamese soccer players have discovered facebook as an interesting means of keeping in touch with fans. 

Three provinces plan joint tourism rep office in Japan

VietNamNet Bridge – Three central provinces are planning to set up a joint representative office in Japan as part of a program to attract tourists from there.

Foreign invested real estate projects to face greater scrutiny

VietNamNet Bridge – Director of the Foreign Investment Agency under the Ministry of Planning and Investment Do Nhat Hoang spoke to Dau Tu (Investment) newspaper about disbursement of foreign direct investments.

HCM City teenagers pile on the pounds

VietNamNet Bridge – Overweight and obesity rates have increased steadily among adolescents in HCM City, and require swift intervention to change dietary intake, physical activities, sedentary behaviour, and lifestyle habits, a study has found.

Music stars reveal plans for 2011

VietNamNet Bridge - Though the Vietnamese music industry has not been very successful this last year it has still managed to stay in the news with public performances and competitions and plenty of celebrity scandals.

BUSINESS IN BRIEF 7/2

Government bonds to be allocated before mid February; Forestry programmes promote sustainability by market incentives; Year-end discounts spark fashion shopping frenzy; Dinh Vu IZ welcomes first 2011 investment

Dr. Nguyen Van Khai: “I’m rich”

Dr Nguyen Van Khai, known in Vietnam as the “Ozone man” lives in a 70 square meter house in a densely populated quarter of Hanoi, where he grows vegetables and raises fowl. He believes that he is one of the richest man on the planet.

Rules on rights to plant varieties

On December 30, the Government issued Decree No 119/2010/ND-CP amending Decree 105/2006/ND-CP of September 22, 2006, guiding implementation of a number of articles in the Law on Intellectual Property.

Water fee to include maintenance costs

VietNamNet Bridge – Construction Ministry technical infrastructure administration director Nguyen Hong Tien spoke with Tuoi Tre (Youth) newspaper about a proposal to include installation and maintenance costs in clean water fees.

Housing fund should ease demand for cheaper homes

VietNamNet Bridge – Deputy Minister of Construction Nguyen Tran Nam talked with Viet Nam News about social housing and the establishment of a housing fund for future projects.

Brokers expect VN-Index to hit 650 points in 2011

VietNamNet Bridge - Given Vietnam’s better economic indicators in 2010, securities companies expect a brighter prospect for the stock market this year, with most saying the main index can hit 650 points despite macroeconomic uncertainties.

Hanoi: Rich men pay hundreds of USD for breakfast

VietNamNet Bridge – Unhygienic food is now a big problem in Vietnam. Some rich people are willing to pay a lot of money to have meals at luxurious restaurants to have safe food.

SBV Governor: monetary policies should not be adjusted regularly to satisfy all

Governor of the State Bank of Vietnam Nguyen Van Giau talked to the press about his life and shared his thoughts about the banking operation in 2011.

Making living on frozen mountain pass

VietNamNet Bridge – A market has been operating on the Da Trang mountain pass by Muong ethnic people for more than ten years. This is the place where ethnic minority people sell products they collect from the jungle.

Odd houses in Hanoi

VietNamNet Bridge – Narrow and crooked houses in Hanoi are considered “urban waste”. Though the local government has banned the construction of such houses, they are mushrooming along newly built roads in the capital city.

Fight against poverty not yet over

VietNamNet Bridge - Despite Vietnam’s laudable achievements on poverty reduction in the period 2005-2010, there is still plenty of room for improvement.

Greater effort and more resources needed in war against smuggling

VietNamNet Bridge – Director of the Ministry of Industry and Trade's market management department Nguyen Hung Dung spoke to Cong Thuong (Industry and Trade) newspaper about the fight against smuggling and counterfeit goods.