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Int’l donors pledge $7.9 billion for Vietnam next year

VietNamNet Bridge - Development partners pledged US$7.9 billion in official development assistance (ODA) for Vietnam in 2011 at the end of the two-day Consultative Group (CG) meeting in Hanoi on December 8.

Gold importers say Hong Kong’s imitation gold not available in Vietnam

Big Vietnamese gold importers have reassured the public that Hong Kong’s imitation gold cannot enter Vietnam’s market, because they mainly import gold from Switzerland.

Banking market 2010: who is holding the upper hand?

State owned banks, which are backed by the State and have powerful financial capability, have been dominating the market for the last many years. However, joint stock banks have been trying to “encroach on state owned banks’ territory”.

Vietnam now keeping a keen eye on Cambodian market

VietNamNet Bridge – Vietnamese travel firms have just realized that for a long time, they have missed a very potential market – Cambodia. And they are now trying to correct their mistakes.

Da Nang’s authorities made a breakthrough or did they violate laws?

VietNamNet Bridge – The decision by the Da Nang authorities to reject in-service graduates for employment by state agencies has stirred up the public.

Interest rates becoming chaotic, central bank orders to stop “interest rate war”

VietNamNet Bridge – Just several days ago, when some banks offered the sky high deposit interest rate of 14 percent per annum, people thought that this would be the peak.

BUSINESS IN BRIEF 9/12

Automobile sales down in November: VAMA; Three-day correction ends today; Coffee industry brews up plans

Hue holds high hopes for community based tourism

VietNamNet Bridge - Community based tourism is seen as a gateway to economic improvement and tourism opportunity in Vietnam.

TPP – Vietnam’s new game in the global integration: part 3

Vietnam has announced that it will join the negotiations for the Trans-Pacific Partnership Agreement. The Vietnamese business community has agreed that Vietnam needs to join the new game in the global integration.

SOCIETY IN BRIEF 9/12

More Lao students now study in Vietnam; Exhibition on AO victims opens in France; ASEAN youths enjoy staying in HCM City; Over 111,000 youths become Party members; HCM City hosts 2010 Vietnam Advertising Festival

Con Dao listed in top ten best islands

VietNamNet Bridge – Viet Nam's Con Dao Island has been named as one of the top ten romantic destinations in the world for 2011 by the UK's Lonely Planet magazine.

U.S. gov't to sell AIG shares, further exit from bailout program

The U.S. Department of the Treasury announced on Wednesday that the insurance giant American International Group Inc. (AIG) had entered into an agreement with the Department of the Treasury,

NASA's Spitzer reveals first carbon-rich planet

NASA's Spitzer Space Telescope has revealed a huge and searing-hot planet loaded with an unusual amount of carbon, the Jet Propulsion Laboratory (JPL) said on Wednesday.

At least 21 killed in train accident in Bangladesh

At least 21 people were killed in a collision between 2 passenger trains in Bangladesh's Narsingdi district, 51 kms northeast of capital Dhaka at about 5 p.m. local time Wednesday.

UN health agency endorses rapid TB test: spokesman

The World Health Organization (WHO) has endorsed a rapid new tuberculosis (TB) test which the UN agency said could revolutionize care and control of the disease, UN spokesman Martin Nesirky told reporters here Wednesday.

Greek public transport system hit by 24-hour strike over austerity measures

Athens was hit by an hours-long traffic jam on Wednesday and users of train services nationwide faced idle wagons, as public transport system employees staged another 24-hour strike over austerity measures introduced to tackle an acute debt crisis.

New avian flu cases reported nationwide

VietNamNet Bridge – Bird flu has infected flocks in southern Ca Mau and northern Nam Dinh and central Nghe An provinces.

Website for overseas Vietnamese launched

VietNamNet Bridge – A website designed to link overseas Vietnamese throughout the world was launched yesterday, Dec 8.

Budget priorities risk gender equality

VietNamNet Bridge – The selection of priorities to ensure the budget would endanger the investment made in women and gender equality, UN Development Fund for Women (UNIFEM) representative,

GOVERNMENT IN BRIEF 9/12

Vietnam, France keen on further bilateral cooperation; Regional police forces share training insights; Viet Nam, China conduct joint search and rescue drill; Mongolia defence minister visits VN