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VFF asks Arsenal to add Paracels and Spratlys into Vietnam map

Yesterday Chairman Nguyen Trong Hy of the Vietnam Football Federation signed an official letter to Arsenal FC, asking them to edit the clip posted on the FC website (Arsenal.com).

Tour vouchers: the cheapest is the dearest

While tour vouchers have become too familiar to travelers in developed countries, they still have been refused by Vietnamese travelers, who believe that the cheapest is the dearest.

Hoi An prepares for week-long festivities

 VietNamNet Bridge – Forty cultural events will be held during the fifth Quang Nam Heritage Festival, which runs from this Saturday until next Wednesday.

Hanoi to host ASEAN student sports festival

 VietNamNet Bridge – Viet Nam is all set to host the Southeast Asian (SEA) student sports festival in Ha Noi on June 23-30, officials said.

Assembly cuts corporate income tax

 VietNamNet Bridge – National Assembly deputies yesterday, June 19, adopted four laws, one of them will regulate a lower corporate income tax from next year.

Beijing welcomes President Sang

 VietNamNet Bridge – Vietnamese President Truong Tan Sang yesterday, June 19, started a three-day state visit to China at the invitation of Chinese President Xi Jinping.

East Sea Conduct key to ‘regional stability'

VietNamNet Bridge – To establish and enhance regional trust and co-operation as well as ensuring a peaceful and stable East Sea, Viet Nam is keen to encourage closer links during the search and rescue of stricken vessels in the sea.

State budget earns nothing from $8 billion of phone exports

Phone and phone part exports prove to be the biggest dollar earner in Vietnam, with the export turnover of $8.1 billion in the first five months of the year. However, a very small percentage of the sum of money went to the state budget.

U.S. Fed holds steady on stimulus to support economy

 The U.S. Federal Reserve said on Wednesday that it will continue its 85-billion-dollar monthly bond purchase program to spur economic growth.

GOVERNMENT IN BRIEF 20/6

 Prime Minister meets with newly-assigned diplomats; ASEAN, China work on search, rescue in East Sea; Vietnam congratulates Iran’s new president

When the forests have no more trees

VietNamNet Bridge – Imposing wooden charnel houses are one of the unique architectural traditions of the Central Highlands. However, as the forests in the region grow increasingly depleted, these structures may soon be relegated to the past.

SBV says dollar price increases "artificially"

 VietNamNet Bridge – Governor of the State Bank of Vietnam - Nguyen Van Binh, has attributed the dollar price increases recently to the banks’ “unfair play.”

Trying to export more catfish, VN firms do harm to themselves

 VietNamNet Bridge – The prices of catfish exports to the US increased for a very short time before dropping dramatically now. This has been attributed to the unreasonable export strategy.

State will still recall land for economic projects

VietNamNet Bridge – The State will continue to recall land for economic development projects despite many opinions urging elimination of this regulation in the draft revised Land Law being discussed by National Assembly deputies.

Target on ODA disbursement ‘is within reach'

VietNamNet Bridge – Viet Nam is on track to fulfil its target of attracting US$32-34 billion in Official Development Assistance and preferential loans during the 2011-15 period, along with capital disbursement of $14-16 billion.

Tourism assoc keen to open Japan office

 VietNamNet Bridge – The Vietnam Tourism Association (VTA) is calling for members and sponsors to jointly carry out a project to open a representative office for the local tourism industry in Japan.

Cell phone exports forecast to hit US$20 billion

 VietNamNet Bridge – The Ministry of Industry and Trade forecasts cell phone and component exports may exceed US$20 billion this year, setting a new record for export turnover of an industry.

What VN has after 24 years as a “rice exporting power”?

 VietNamNet Bridge - Why is the call for help of farmers not as loud as others in this difficult time? Is it because "the Agriculture Minister is too gentle!" as commented by Congressman Tran Hoang Ngan.

BUSINESS IN BRIEF 20/3

 LED technology lures foreign investment; Vietnam private equity outlook bounces back; A big challenge for livestock industry; Restructuring better solution for Vinalines, Vinashin: Deputy PM

Vietnam to join UN watercourse convention

 VietNamNet Bridge – Vietnam should participate in the 1997 UN Convention on the Law of Non-navigational Use of International Watercourses, said experts.