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Vietnam plummets on FIFA November rankings

After two humiliating failure games against Uzbekistan and the United Arab Emirates (UAE), Vietnam dropped down on FIFA rankings in November. Specifically, it fell by seven spots to 158th compared to October.

Salaries to be tightened on leaders of state-owed groups

 VietNamNet Bridge – The maximum salary for the leaders of state-owned groups will be VND54 million per month starting next year, and if their firms do not make a profit their monthly salaries will be an average of VND10 million.

Brazil auctions shale, natural gas blocks

 Brazil awarded 72 onshore natural gas and shale gas exploration blocks Thursday in a controversial auction marked by complaints from environmentalists about a lack of regulation

VN signs nuclear deal with Britain

Viet Nam's Minister of Science and Technology and the British Embassy signed a memorandum of understanding on co-operation in peaceful use of nuclear energy yesterday, Nov 28.

Walmart to open stores in US capital despite protest

 Walmart, the biggest retailer in the United States, is opening its first-ever stores in the US capital -- but some aren't giving it a warm welcome.

Train offers good travel options

 VietNamNet Bridge – Tourists getting ready to schedule their vacations should consider traveling by air or train from HCMC or Hanoi as their best options to reach their destinations at set times depending on their budgets.

Vietnam pays $4.26 billion of debt in 11 months

 VietNamNet Bridge – In the January-November period of 2013, the state budget paid VND89.5 trillion of debt ($4.26 billion), equivalent to about 11 percent of the total budget spending.

Speed daters aim to break record

 VietNamNet Bridge – At least 600 young single people aged 18 years old and up will gather at the "Paktor Speed Date Night" to break the world's current Guinness World Records for the largest speed dating event.

Sludge danger to Binh Thuan

 VietNamNet Bridge – Local authorities in Binh Thuan Province have warned of the environmental danger of titanium processors in the aftermath of a broken sludge reservoir incident that occurred in Ham Thuan Nam District a week ago.

Ban Gioc waterfall to become key tourism site

 The PM has agreed to research the building of Ban Gioc waterfall tourism site and convert it into a key tourist destination in northern mountainous Cao Bang province.

Abbott accuses a local firm of using fake papers to import Ensure formula milk

Abbott has sent dispatches to the Vietnamese authorities to denounce a HCM City-based company – the Song Nam Investment Development Co., Ltd. of using fake documents to import Ensure milk into Vietnam.

Affordable smart phones will be dominants in the market

 VietNamNet Bridge – Seventy percent of Vietnamese people still don’t have smart phones, which means that Vietnam remains a potential market for manufacturers to exploit.

China buys one-third of Vietnam’s commercial rice

 VietNamNet Bridge – China has bought around one-third of Vietnam’s 6.3 million tons of export rice via official channel, not counting the amount via border trade, according to the Ministry of Agriculture and Rural Development.

Garlic helps kill contaminants in baby formula: study

 Garlic can significantly reduce the contamination risk of Cronobacter sakazakii, a foodborne pathogen that can lead to fatal infections of infants, in the production of dry infant formula powder,

Learning model for Vietnam - new but unsuitable

The international model of learning, which is believed to modernize Vietnam’s problematic education system and better prepare children for the global integration, known as VNEN, has turned out to be unsuitable to the country.

Former CEOs jailed for deforestation

Eight former officials were sentenced to between ten months' probation and three years in jail by the People's Court of Central Highland Dak Nong Province for causing the loss of over 1,300 hectares of forests.

Danish aid supports art projects in VN

Eight new contemporary art projects of national and foreign artists in Vietnam will get US$100,000 financial support from the Danish Vietnamese Cultural Development and Exchange Fund (CDEF) in late 2013.

BUSINESS IN BRIEF 29/11

 GE to expand operations in Vietnam; Vietnam’s bond market fastest growing in East Asia; Mekong Delta strives to remain as top rice granary; Vietnamese bank makes deal with foreign consultant

Nhu Thao competes in Asia’s Next Top Model

 VietNamNet Bridge – Phan Nhu Thao has outclassed other Vietnamese candidates to represent the country at Asia’s Next Top Model 2013.

Food bosses get up to 30 years in jail

VietNamNet Bridge – A HCM City court on November 27 handed down sentences of seven to 30 years to five defendants involved in embezzlement of funds at the Viet Nam Food Industries Joint-Stock Company from 2002 to 2006.