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BUSINESS IN BRIEF 7/5

Enterprises seek funds to bid for gold; Many local firms in race to expand distribution networks; Hanoi rental market lifts real estate gloom; Electronic traders target innocent rural residents

VND1.3 billion robbery concusses Hue City

 VietNamNet Bridge - On the way home from his gold shop, a man in Thua Thien-Hue Province was robbed. The total assets are up to VND1.3 billion or $70,000.

Where have the deposits gone?

Commercial banks have reported the steady increase in the mobilized capital so far this year. Meanwhile, businesses keep complaining that they lack capital to maintain production and expand business scale.

Three bodies found in 400 meter deep gold pit

The cause of death of the three gold miners in Quang Nam province is believed to be suffocation due to lack of oxygen. Every day, the locals still risk their lives to seek gold in gold pits left from the French colonial period.

The first patient of A/H1N1 flu in HCM City dies

VietNamNet Bridge – An old man has been determined to have died of A/H1N1 flu in HCM City. This is the first death of A/H1N1 influenza so far this year in the city.

Shares rise despite bad debts

VietNamNet Bridge –After a long holiday, the Vietnamese stock market rallied during two sessions last week.

Road accident kills two Vietnamese workers in Thailand

VietNamNet Bridge – Two Vietnamese and a Thai died yesterday, May 5, after a bus transporting 15 Vietnamese workers collided with a large lorry in Rayong Province, about 140km from Thailand's capital Bangkok.

Smuggled rhino horns seized in HCM City

VietNamNet Bridge – Customs officers and border police at HCM City's Tan Son Nhat Airport seized 7.28kg of African rhino horns being illegally smuggled into Viet Nam on Saturday night.

Da Nang lose to Ninh Binh in Round 8

VietNamNet Bridge – SHB Da Nang lost to Ninh Binh 4-1 in the eighth-round match of V-League yesterday, May 5.

Liem drops two places to 29th in world chess ranking

VietNamNet Bridge – Viet Nam's top chess player, Le Quang Liem, has dropped two places since early last month to 29th ranking by the World Chess Federation's (FIDE).

Discovering Doi Cave in Dong Nai

VietNamNet Bridge – Recently, foreign media reported that German explorers identified that Vietnam’s southern province of Dong Nai has Southeast Asia’s longest cave formed by volcanoes.

US billionaire Warren Buffet optimistic on stocks

US billionaire Warren Buffet said the US economy is moving in the right direction and praised the policies of both president George W. Bush and Barack Obama as "the right things,"

Martial arts and boxing champs kick off in May

VietNamNet Bridge – Viet Nam will organise the first National Traditional Martial Arts and Boxing Championships this month.

Malaysian coalition retains power, opposition alleges fraud

Malaysia's ruling coalition retained its 56-year grip on power in hard-fought elections and called for "reconciliation" Monday, as the opposition alleged widespread fraud and refused to concede defeat.

Thao wins silver at Asian Grand Prix in Bangkok

VietNamNet Bridge – Do Thi Thao, Viet Nam's sole representative at the first meeting of the Asian Grand Prix in Bangkok, won silver in the women's 800m event on Saturday.

GOVERNMENT IN BRIEF 6/5

Second political consultation with Sri Lanka held; Flag to fly on Ly Son island; Gifts for Spratly island residents

Foreign direct investment driven to central region

The northern provinces and coastal localities in the central region -- not the existing big economic zones, now lead the country in terms of the foreign direct investment (FDI) attracted.

French M51 ballistic missile self-destructs in failed test

A French test of an M51 submarine-launched ballistic missile failed on Sunday as it self-destructed off the coast of Brittany, officials said.

Senior songwriter release sensitive album without license

Songwriter Ngoc Dai, a pioneer in contemporary, experimental music in Vietnam, has released his new CD that contains sexual language entitled “Thang Mo 1” (Village herald 1) without a license from the authorities.

Hanoi establishes hotline for reporting taxi overcharging

Given that the recent overcharging scandal made by a driver of Trung Viet Taxi has harmed the image of Hanoi’s taxi services, the Hanoi Taxi Association has set up a hotline for passengers to report problems related to taxi operations.