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EU on verge of bridging pre-summit gulf on banks watchdog

 European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone banks, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.

Shankar to receive posthumous Grammy award

 Indian sitar player Ravi Shankar is to receive a posthumous lifetime achievement Grammy award, organizers of the music industry's top prize show said.

GOVERNMENT IN BRIEF 13/12

 Replacements key in confidence votes; Vietnam, Laos combat alliance remembered; Vice President of Thai Senate visits Vietnam; Deputy PM Ninh receives RoK Deputy Minister

Children detoxed from games addiction with martial arts and sports

The Vietnam Institute for Vietnamese Martial Arts and Sports Research and Development is the first one in Vietnam which has successfully weaned off games addictions for children of school age.

Rice trade becomes conditional business, what will be next?

More and more business fields have been set as the types of conditional business. This would do more harm than good.

East Sea cooperation discussed at seminar

 VietNamNet Bridge – A seminar is taking place in central Da Nang City on December 12-13 to discuss issues relating to cooperation in the East Sea.

Charging fees for online news is a must for publishers to survive

It’s now not the time to discuss whether to charge fees for online news or not, because the answer is obvious: newswires will have to collect fees, if they want to exist and develop.

Vietnamese cuisines stir the world in 2012

VietNamNet Bridge - Bringing rice and bacon, an omelet with Vietnamese flavor in the final round of the MasterChef US, has won blind girl Christine Ha the championship. Vietnamese cuisines also set many records in 2012.

Vietnam can see great opportunities from carbon market

VietNamNet Bridge – Vietnam has been implementing a lot of CDM (clean development mechanism) projects with 164 projects recognized by the international community, ranking the fourth in the world.

"Feeling the pulse" of Vietnam tourism

The gloomy picture of the development of the tourism industry of Vietnam has been defined at the consultation meeting on the state management of tourism recently.

In economic downturn, workers still expect high Tet bonuses

Garment, footwear and electronics enterprises plan to give to their workers the Tet bonuses valued at one or two-month salaries. Meanwhile, commercial banks, which always offered sky high Tet bonuses, still ponder on the Tet bonuses.

Former imperial citadel is masterclass in architecture, romance

When visiting Hue City, tourists proudly march to the former Hue Imperial Palace to explore the royal architecture for two reasons: to admire its ancient charm as well as to review the country’s history.

HCM City: Market for infertile couples

VietNamNet Bridge - Due to the sources of sperm and eggs in the hospital which cannot meet the needs of infertile couples, a “market” where sperms and eggs are traded has appeared in HCM City, according to Tuoi Tre.

Tech giants under scrutiny for legally dodging tax

 Google on Monday is reported to avoid about 2 billion U.S. dollars in worldwide income taxes in 2011 by shifting revenues into a shell company in Bermuda, highlighting major tech companies taking advantage of tax loopholes.

BUSINESS IN BRIEF 13/12

Vietinbank to get US$65 million from foreign banks; Wood industry urged to reform; Taiwan finances aircraft purchase; Foreign partner to buy seafood processor; Tax break lifts investor sentiment; Insurers may fail the target for 2012

Greece raises 5.6 bln USD in treasury bill auction

 Greece raised 4.38 billion euros (5.67 billion U.S. dollars) in a treasury bill auction on Tuesday, as the new debt buyback plan deadline for private investors expired.

Wedding of 120 couples makes Vietnam record

VietNamNet Bridge – The wedding of 120 couples took place this morning, December 12, in HCM City. It has just recognized as a national record by the Vietnam Record Book Center (Vietkings).

Hanoi officials make “shocking statement” on civil servant recruitment

The Chairman of the Inspection Commission of the Hanoi Party Committee said that the “price” for becoming a civil servant is VND100 million ($5,000).

VN poet appointed as Vice Secretary General of Afro-Asiatic Writer Association

VietNamNet Bridge - At the congress to re-establish the Association of Afro-Asiatic Writers, Vietnamese poet Nguyen Quang Thieu was elected as Vice Secretary General.

500 taekwondo athletes to compete in RoK Ambassador’s Cup

 VietNamNet Bridge – The national tournament for the country’s elite taekwondo clubs, known as the 2012 Republic of Korea’s (RoK) Ambassador’s Cup, will be held in Hanoi from December 15–22.