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Should Vietnam take drastic measures to eliminate monopolies?

VietNamNet Bridge - The telecommunication fee in Vietnam has been decreasing sharply thanks to the policy on eliminating the monopoly in the telecom sector. However, monopolies still exist in other business fields.

Hanoi woman bears 14 children

VietNamNet Bridge – A woman in Co Ban village, Ha Dong district, Hanoi, has the highest number of children in Hanoi, or possibly in Vietnam.

Young Vietnamese in Czech Republic make film about family value

 VietNamNet Bridge – After the success of their first film called “Forget the origin”, a group of young Vietnamese in the Czech Republic continued to produce another series of films about family.

Tam wins Mekong Delta cycling tournament

 Nguyen Thanh Tam won the yellow jersey for best time at the Mekong Delta Cycling Tournament on August 20.

Rio Olympics: Vietnam finishes at 48th place

 Vietnam has achieved the best ever Olympic Games ranking at the Rio Olympics which closed in Rio de Janeiro, Brazil, on August 22 morning (Hanoi time). 

Shooter Hoang Xuan Vinh, great pride of Vietnam’s sport

 VietNamNet Bridge – The history of Vietnam’s sport has turned to a new page as shooter Hoang Xuan Vinh won the first Olympic gold medal for Vietnam.

Quang Binh deforestation threatens lives

 VietNamNet Bridge – Authorities and resident in central Quang Binh Province have voiced concerns over serious deforestation to a natural forest area upstream of the Rao Nan River.

Facebook, Google dominate online advertising

VietNamNet Bridge - Vietnamese businesses make only modest revenue from online advertising, while the majority of the market’s turnover goes to Facebook and Google,Tuan Ha, CEO of Vianalink, said at an online marketing forum held several days ago.

Vietnam’s five coastal cities attract tourists year-round

 VietNamNet Bridge - Vietnam has a coastline of 3,260 kilometers with many beautiful beaches. Along this long coast are coastal cities that attract tourists all year round.

BUSINESS IN BRIEF 22/8

 Vietnam urged to boost supporting industry, Mexico studies Vietnam’s garment-textiles, Russian expert: Vietnam attractive to foreign investors, Hai Phong Port to be international gateway by 2020, Mini again targets 50 percent growth

Vietnam Airlines opens New Lounge at Tan Son Nhat

Vietnam Airlines has inaugurated its new dedicated Premium Lounge for its first class and business class customers at the Tan Son Nhat International Airport in Ho Chi Minh City.

Vietnam International Fashion Week to be held in Hanoi

 Numerous Vietnamese and international designers will gather at the Vietnam International Fashion Week, to be held in Hanoi for the first time from November 1-6.

Bolt reigns supreme but too many empty seats

 Usain Bolt delivered. Mo Farah, Elaine Thompson, David Rudisha, three world records and a dominant United States played their part too, as athletics enjoyed being back in the limelight for the right reasons after a torrid year.

Rhythmic gymnastics: Russia wins fifth successive team gold

 Russia's rhythmic gymnasts shut out the rest of the world for a fifth successive Olympics on Sunday, with a free-flowing acrobatic display with hoops and clubs winning them another group all-around gold medal.

Turkey's Erdogan blames child bomber for attack that killed 51

 A suicide bomber aged between 12 and 14 carried out the attack on a wedding party in the Turkish city of Gaziantep on Saturday that killed at least 51 people, the president said.

Rainy Rio wraps up challenging Games on upbeat tropical note

 A blustery storm, a touch of melancholy and a sense of pride converged at the closing ceremony of the 2016 Olympics on Sunday as Brazil breathed a collective sigh of relief at having pulled off South America's first Games.

New tax rate on artemia imports hurts shrimp breeding industry

VietNamNet Bridge - Artermia egg importers have complained that if they have to pay 5 percent import tax arrears, they will be pushed into a corner, while farmers will suffer the most.

Social News 22/8

Vietnamese pagodas in Thailand get Vietnamese nameplates, Prompt countermeasures needed to fight dengue fever, Vietnam manufacturing faces critical manpower shortage, Unsafe city flats to come down

Core inflation to rise to roughly 2% in 2016

 Core inflation this year could increase slightly to roughly 2 per cent from 1.7 per cent last year, the National Financial Supervisory Commission (NFSC) forecast.

Foreign firms dominate VN cosmetics

 A South Korean cosmetic shop in HCM City. Vietnamese cosmetic producers cannot catch up with major foreign players in terms of technology, and the local firms are losing market share.