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Vinacas drives cashew nut exporters to death?

Tens of cashew nut exporters incur losses, while the Vietnam Cashew Association (Vinacas) has fallen into complete mess. It’s still unclear about the future of the Vietnam’s cashew industry.

Viettel outstrips rival VNPT in annual earnings

 VietNamNet Bridge – Viettel corporation, the nation's largest telecom, has surpassed rival VNPT Group in earnings for the first time, according to reports released by Viettel yesterday, Dec 25.

Smart-phone sales up 83% as consumer interest grows

Smart phone shipments to Viet Nam reached an all-time high in third quarter of this year, with local vendors grabbing a significant amount of market share, according to the latest IDC Asia/Pacific Quarterly Mobile Phone Tracker.

Vietnam rescues crew from stranded tanker

VietNamNet Bridge – Vietnamese rescue teams yesterday, Dec 25, successfully saved five sailors from Myanmar stuck on a Malaysian oil tanker that ran aground just 300m off the Thua Thien – Hue coast.  

Ancient quarry to build Ho Dynasty Citadel discovered

On December 25, the Centre for Conservation of Ho Dynasty Citadel World Heritage said that the center staff had discovered an ancient quarry located near Xuan Dai mountains, about 5km to the south of the Ho Dynasty Citadel.

World's longest bullet train service begins in China

 China started service Wednesday on the world's longest high-speed rail route, the latest milestone in the country's rapid and -- sometimes troubled -- super fast rail network.

Seven people arrested for destroying ancient trees in national park

VietNamNet Bridge – The police of Ba Be district, Bac Kan province, have prosecuted and arrested seven people who were involved in chopping down ancient trees in the Ba Be National Park.

GOVERNMENT IN BRIEF 26/12

  Measures to boost Vietnam-Japan ties discussed; HCM City marks VN – RoK diplomatic ties; Lao leader arrives today on state visit; President calls for further VN-Laos court cooperation

Priceless works of Vietnam’s contemporary art

VietNamNet Bridge - Valuable and important works of Vietnam’s contemporary art were recently displayed at the Vietnam Fine Arts Museum. This is a collection of a Thai artist, Tira Vanichtheeranont.

The final storm in 2012 enters the East Sea

VietNamNet Bridge - With winds of 62-74 km/h, typhoon Wukong is entering the Eat Sea, at a speed of 20-25 km/h. The storm is likely to affect the Truong Sa Archipelago (Spratly Islands) and the provinces from Ca Mau to Khanh Hoa.

Stevie Wonder, Gilberto Gil give Rio Christmas cheer

 US singer Stevie Wonder joined Brazil's Gilberto Gil late Tuesday for a massive free Christmas concert on Rio's Copacabana beach attended by half a million people.

Interest rate down by one percent, but VND remains attractive

The decision by the State Bank of Vietnam to slash the ceiling deposit interest rate by one more percent is believed to make no upheaval to the monetary market. The local currency would still be attractive in the eyes of Vietnamese.

Hundreds of million USD to rescue the economy

Stretch of tax, not charging the personal vehicle fees yet, significantly reducing car registration fees, pumping capital into banks and rescuing the real estate market are the solutions to save the economy, announced by the Government yesterday.

Species emerge in Mekong region, but battle to survive

A new bat named after its devilish appearance, a "walking" catfish, and a frog that sings like a bird are among the 36 species newly identified by scientists in Viet Nam, and among 126 species in the Greater Mekong region in 2011.

Big bosses tell their staff not expect too much on Tet bonuses

Big bankers and businessmen have prepared their staff for a sad piece of news, saying that there would not be Tet bonuses this year, or the Tet bonuses would be modest.

54 percent of parents pay underground fee to obtain seats at "star schools"

Fifty four percent of parents have admitted that they “give money under the table” so as to be able to enroll their children in "star schools", a survey conducted by the HCM City Open University has found.

Vietnam tourism lacks money to produce good advertising clips

Deputy General Director of the Vietnam National Administration of Tourism Hoang Thi Diep said that this agency wants to have many good clips to advertise in major markets, but due to limited funds, it does not have good products as desire.

Traditional costumes for men opposed

 VietNamNet Bridge – Many agree that women should wear ao dai (traditional long dress) to official events. However, the question of whether men should also wear garments modeled after ao dai remains controversial.

Pollution wipes out oyster farms

 VietNamNet Bridge – Over 100 households farming in Son Tra District's Man Quang Bay suffered a devastating blow to their seafood harvest when a dozen hectares of oyster farms were wiped out suspectedly due to water pollution.

Quality of life falls in HCM City

VietNamNet Bridge – HCM City heads the country in economic growth, but the quality of life of its residents has not developed correspondingly, participants said at a seminar held on Thursday.