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Vietnam should stop providing loans in foreign currencies: expert

Dr Le Xuan Nghia, Deputy Chair of the National Finance Supervision Council believes that if drastic measures are taken, the foreign currency market will be stabilized by the first quarter of 2011.

2010: Spain's economy rides the storm

2010 was a difficult year for the Spanish economy, although it is possible to say that after the " perfect storm" that it experienced at the end of 2008, it appears that the fall has been stopped and the basis for recovery established.

Vietnam losing advantages to attract foreign investment

The big economies, including in Taiwan, Japan and South Korea, are believed to see strong recovery next year, which will prompt the investors from these countries to make outward investments.

Amazon says new Kindle its best seller

Amazon.com Inc. said on Monday that its latest third-generation e-book reader Kindle had become the bestselling product in the online retail giant's history.

Snow continues to hamper NYC commuters

Commuters in New York City faced more headaches on Tuesday as subways, buses and commuter trains continued to experience heavy delays due to Sunday's blizzard.

Wall Street ends mixed, Dow hits 28-month high

Wall Street closed mixed on Tuesday as worse-than-expected U.S. home prices and consumer confidence limited the gains led by energy stocks, despite the Dow Jones industrial average hitting its 28-month high.

Fire on train injures dozens: report

A fire broke out Tuesday morning on a railway car ferrying passengers in central Israel, injuring up to 40 people, mostly from shock or smoke inhalation, one of them in serious condition, local medics said.

Vietnam dizzy with trade gap with China

In the two way trade with China, Vietnam has been importing more than exporting to the country. The trade gap has made a new record when it climbed to $12.6 billion, or 105 percent of Vietnam’s trade gap in 2010.

Vietnam will restructure telecom market

Vietnam has a population of 90 million, while it has seven mobile service providers with their own network infrastructure. There are also “virtual” developers, who provide services with hired infrastructure.

Banks still can earn targeted profit in 2010, despite big difficulties

A lot of commercial banks have announced that they have fulfilled the 2010 business plan even when the year has not come to the end.

Leaving international schools

VietNamNet Bridge – Studying at international schools used to be popular among well-off families. However, nowadays, Vietnamese students no longer dream of international schools,   and many have called for each other to leave the schools.

Da Nang says “no” to in-service training, what does MOET say?

Deputy Minister of Education and Training Bui Van Ga has informed the press that the ministry will take actions to more strictly control the quality of in-service training.

Coins as souvenirs

VietNamNet Bridge – After being issued for several years, coins have been rejected from circulation. Why?

VN, Russia continue search for oil

Viet Nam and Russia will continue their cooperation in geological survey work and oil and gas production on Viet Nam's continental shelf within the framework of the Vietnamese-Russian oil and gas joint venture Vietsovpetro beyond this year.

Culture identities at International Food Festival

VietNamNet Bridge – The International Food Festival 2010 opened on December 26 at 23/9 Park in HCM City, introducing the culture and cuisines of 24 countries.

Job market in 2011 will still witness supply-demand imbalance

Due to many reasons, the supply and demand for jobs in 2010 were severely imbalanced, and experts believe that the imbalance will still be evident in 2011.

Anger over Tet bonuses leads to strikes in FIEs

VietNamNet Bridge - Tet bonus problems are contributing to strikes in scores of foreign-backed enterprises in southern provinces.

The 10 highlight environment events in 2010

 The Ministry of Natural Resources and the Environment (MoNRE) announced the 10 most outstanding events in 2010 on December 28 at the conference reviewing in the achievements of 2010 and preparing for the implementation of the 2011 plan.

Famous DJs to perform New Year Eve in Hanoi

Two famous international DJs and a well-known Vietnamese DJ will heat up the count-down party to welcome New Year 2011 at the square in front of the Hanoi Opera House on December 31.

SOCIETY IN BRIEF 29/12

Vietnam to establish advanced mathematics research institute; Vietnam, India scientists work for people’s benefits; Vietsovpetro to further Vietnam-Russia oil cooperation; Two arrested for human trafficking