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Wall Street adds losses following global stock selloff

Wall Street losses deepened Monday after last week's slip, as stocks around the world were sold off amid fears over the cash squeeze in China and the U.S. Federal Reserve's possible tapering of its bond purchases later this year.

Vietnam’s mobile service market gets overly hot

 VietNamNet Bridge – The Ministry of Information and Communication has decided to amend a series of policies to drive the mobile service market to a more sustainable development.

BUSINESS IN BRIEF 25/6

 Highway 1 expansion projects begin; Realty firms say rules forced them to build large condos; Latest export, import performances unveiled; Computer market bounces back: IDC

Goods and services for children – the $5bil. market

 VietNamNet Bridge – The market of goods and services for children is really a big cake for every enterprise, which is worth $5 billion. But it has not fully exploited by domestic enterprises.

CBU car imports to see prices plummet from 2014

 VietNamNet Bridge – The cars to be imported from ASEAN countries under the mode of complete built units (CBU) would reduce to 50 percent from 2014.

HCM City: 500 houses built without licences

 VietNamNet Bridge – Inspectors in HCM City discovered that more than 550 houses were built without licences in the city's Go Vap and Binh Chanh districts last month.

IBM to create 700 jobs in France

 Technology giant IBM announced on Monday that a new IT service center in the northern French town of Lille would create 700 new posts in the next five years.

Rising sea levels put Delta at risk

 VietNamNet Bridge – The Mekong Delta, the country's biggest agricultural hub, might experience a sea level rise of 30cm sooner rather than expected - as early as 2040.

Hospital fees face big rise in August

 VietNamNet Bridge – Fees at hospitals managed by HCM City's Department of Health could go up substantially in August if the city's People's Council approves the increase.

Vietnam remains lucrative PC market

 VietNamNet Bridge – Concerns over high inventory occurred from 2012 failed to stop Viet Nam's PC market from recording solid year-over-year growth in the first quarter of the year.

VN’s ODA-funded transport projects under scrutiny

Deputy Prime Minister Hoang Trung Hai has said that the Government of Vietnam will direct relevant ministries, agencies and localities to speed up the implementation and disbursement of Official Development Assistance funded projects

Dong Van park boasts geological marvels

VietNamNet Bridge – Scientists and culture managers discussed a master plan for Dong Van Geopark at a workshop in Quan Ba District last week.

NA's 5th working session in review

 The 13th National Assembly on Friday wrapped up its 5th working session which featured the first-ever vote of confidence on top officials.

Vietnam dioxin story wins best documentary at New York film fest

 VietNamNet Bridge – A film about the daily lives of Vietnamese Agent Orange victims in Ho Chi Minh City has won the top prize for documentaries at the New York City International Film Festival.

‘Ambassador of Harmony’ choir to deliver free concert in Vietnam

VietNamNet Bridge – The Boston Children’s Chorus (BCC), which is considered the ‘Ambassador of Harmony’ from the city of Boston in the USA, will perform for free in Hanoi on June 29 and in Ho Chi Minh City on June 26.

HCM City: River “swallows” seven houses at midnight

 VietNamNet Bridge - Dozens of people living along the Nha Be River, Ho Chi Minh City had to evacuate from their houses at midnight on June 23 when seven houses suddenly fell into the river.

Hai Phong damaged by Bebinca storm

VietNamNet Bridge – Causing no harm to people, storm Bebinca damaged Hai Phong’s two famous tourist sites of Do Son and Cat Ba, the city dike system and caused serious flooding in the city center.

Hotels furbish green credentials

 VietNamNet Bridge – Vietnam's hotel sector is showing encouraging signs of progress in awareness and management of the environment as well as quality standards, according to an annual report released by Grant Thornton Vietnam.

Japanese football expert not yet returned to Vietnam

VietNamNet Bridge - After returning to his home to mourn for his father, Japanese football expert Kazuyoshi Tanabe has asked the Vietnam Professional Football JSC’s permission (VPF) to stay in Japan for medical treatment.

Professional firms groom pop stars of tomorrow

VietNamNet Bridge – Once ardent fans who collected decals of their favourite pop stars, members of the 365 band have stormed the nation's music scene over the last year and built a devoted following for themselves.