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BUSINESS IN BRIEF 12/11

Shares continue to decline on both bourses; Land values in Ha Noi remain unchanged; Anti-money laundering centre opens

Nation's growth prospects catch eyes of investors

Experts at an investment promotion conference held in HCM City yesterday agreed that for the medium- and long-term future, Viet Nam would remain an attractive destination for investors, especially because of the private sector growth.

High bank interest rates, high production costs for businesses

Higher dollar price, higher loan interest rates, higher prices of input materials and weak purchasing power all have made businesses worried stiff.

“.vn” is the most dangerous domain in the world?

McAfee, the anti-virus solution provider, has released a report, saying that Vietnamese domains have become easy prey for technology criminals. However, Vietnamese experts still have doubts about the survey.

“Floods are over, but we don’t have money to pay tuition”

In the central province of Ha Tinh, the historical violent flood is over. Roads have been cleared from mud and classrooms have been tidied up again. But hardships are still accompanying every student on their way to school

Miss Earth contestants introduced themselves

The Miss Earth 2010 pageant organising board on November 11 introduced contestants at a press conference in HCM City.

Vietnamese consumers using Vietnamese or Chinese goods?

Experts have warned that Vietnamese consumers will lose confidence in Vietnamese manufacturers, if the manufacturers continue importing  goods made in China and then selling the products as Vietnamese goods in the domestic market.

GOVERNMENT IN BRIEF 12/11

New ambassadors welcomed; Japan ambassador begins term; Party delegation returns

VTV exec advocates TV association to negotiate football broadcast rights deals

Football fans are upset that they’ll have to pay a lot to watch top European matches. A VTV manager said competition among broadcasters may have driven up the cost of broadcast rights.

Saigonees eager for ice-skating rink

VietNamNet Bridge – The first ice-skating rink in Vietnam has been inaugurated in HCM City as a new play ground for local youth.

APEC ministers seek to broaden free trade area

VietNamNet Bridge – Ministers of the Asia-Pacific Economic Cooperation (APEC) forum have affirmed the need to take “concrete steps” toward the goal of creating a region-wide free trade area, and to resist protectionism.

Third national environment conference to be held in Hanoi

VietNamNet Bridge – A press conference was held in Hanoi on November 11 to introduce the third national environment conference and related events which will take place in Hanoi on November 17-18.

Miss Earth contestants introduced themselves 2

The Miss Earth 2010 pageant organising board on November 11 introduced contestants at a press conference in HCM City.

SOCIETY IN BRIEF 12/11

Book publisher to be prosecuted; Flood-hit commune leader dismissed; Landslide destroys 25 homes; Nation tries to reduce stunting malnutrition; Charity run targets sick children

Quang Tri offers sombre past

VietNamNet Bridge – If you asked me where you should visit to understand more about Viet Nam, my answer would be Quang Tri Province.

EU lawmakers approve new hedge funds rules

European Union (EU) lawmakers approved new rules on Thursday to subject hedge funds to EU-wide supervision for the first time.

Call to improve paramedics

VietNamNet Bridge – Proper emergency medical assistance could help save people's lives at a lower cost and with simpler treatment than waiting for care to begin upon arrival at the hospital.

Hospitals to get waste disposal facilities

VietNamNet Bridge – Sixteen hospitals in Ha Noi's suburban districts will be equipped with their own solid waste incinerators through a project approved and funded by the city's People's Committee.

HCM City bids to ease traffic flows

VietNamNet Bridge – HCM City is developing traffic infrastructure on its east to improve transport links with its dynamic neighbouring provinces of Dong Nai, Binh Duong, and Ba Ria – Vung Tau and allow vehicles going past to bypass the city.

Vietnam takes action to tame runaway goods prices

VietNamNet Bridge – As inflationary pressure is mounting, the Ministry of Finance has ordered the finance authorities nationwide to impose price controls on essential goods whose runaway prices have kept rising to exorbitant levels.