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BUSINESS IN BRIEF 11/1

Petrol importers receive quotas; Nation ranks third in rubber; CMC Corp merges two telecom affiliates; Delta drafts plan for industry; Trading band to increase on both bourses

More than 54,000 businesses dissolved in 2012

 VietNamNet Bridge – Nearly 70,000 businesses were newly established in 2012, but more than 54,000 existing businesses were dissolved during the year.

Tech world crawling into the crib

 The technology industry displaying its wares at the massive Consumer Electronics Show this week in Las Vegas included a variety of products and apps aimed at the youngest audiences, even those unable to walk.

PVFC-Western Bank deal triggers wave of finance company-bank merger?

PetroVietnam Finance Corporation (PVFC) has finally found an ideal solution for it: “getting married” with a commercial bank – Western Bank. This may trigger a new wave of merging finance companies into banks in the future.

Revolutionary musician Hiep dies

 VietNamNet Bridge – Revolutionary musician Hoang Hiep passed away at his residence in HCM City yesterday afternoon. He was 82.

SOCIETY IN BRIEF 10/1

 Warm blankets for cold spell-hit provinces; Newly manufactured drugs' licenses revoked; 2,900 helmets provided for pupils in HCM City; Chicken pox sufferers urged to undergo treatment

Psy goes nuts for pistachios in Super Bowl ad

 South Korean rapper Psy is going nuts. Not content with starring in the most-watched video in YouTube history, the man behind viral hit "Gangnam Style" is to appear in a Super Bowl commercial for... pistachios.

Duan sweeps the board at Ben Tre cycling competition

VietNamNet Bridge – Le Van Duan of HCM City's Eximbank team sealed victory on the final day of the Ben Tre Television Cycling Tournament, which finished yesterday, Jan 9.  

Google invests 200 million USD in Texas wind farm project

 Google announced Wednesday it has invested 200 million U.S. dollars in a wind farm in west Texas, which will become a part of the company's 1 billion U.S. dollars' renewable energy portfolio.

GOVERNMENT IN BRIEF 10/1

 Vietnam values traditional ties with India; Meeting discusses Vietnam-Laos border marker planting; RoK NA Speaker to visit Vietnam; President lauds former student patriots and calls on modern youth to emulate  

Vietnam’s catfish bears too much pressure from importers

Vietnam’s catfish has to satisfy a series of requirements set up by import countries to reach out to foreign consumers.

Ly Son, a front - post island

VietNamNet Bridge - Ly Son is not only a front-post island of the country but also the homeland of the sailor-soldiers of the Hoang Sa Flotilla who went out to the East Sea to defend the sovereignty of the country.

Riding the waves to bring early New Year to Truong Sa

VietNamNet Bridge – Three naval ships have brought over 60 tons of cargo to the Truong Sa (Spratly) islands to serve soldiers this lunar New Year festival (Tet).

EVN’s power factories make fat profit, but still insist on power price hike

Power companies all have reported big profits for 2012 with the profits up by 1.5-4 times in comparison with the last year. Meanwhile, the Electricity of Vietnam (EVN) expects the profit of VND3.5-4 trillion.

Le Luong Minh assumes ASEAN Secretary General

The ASEAN Secretariat, in the message from Jakarta, said that the inauguration of the new Secretary General of ASEAN--Le Luong Minh, took place on the morning of January 9, at the headquarters of the ASEAN Secretariat.

Spending of road use fees to be more transparent

 VietNamNet Bridge – A list of road maintenance and repair projects to be funded by road-user fees has been published by the ministries of finance and transport to allay public concerns over lack of transparency.

Fee increases make travel firms worried to death

The Ministry of Finance’s decision to raise the fees and charges on travelers has made travel firms worried stiff. They fear that the higher fees would keep travelers away.

Wind power plants in Binh Thuan still awaiting capital

Sixteen wind power projects are expected to be developed in the central province of Binh Thuan, where there is a profuse wind source and favorable conditions for wind power plant development.

Precious weed which can recreate cells getting exhausted in Sa Pa

Vietnamese call this weed as “co nhung.” while its scientific name Zoysia tenuifolia Trin. The plant has a magical effect which Vietnamese have just found: it can help recreate cells, especially liver cells.

Student expelled from school for abusing teacher

An eighth grader in Quang Nam province has been expelled from school for her serious misconduct of calling for anti-first semester exam actions.