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Stock market gloomy, stock companies still profitable

Securities companies have surprised everyone when reporting satisfactory profits for the third quarter of 2011. Prior to that, analysts thought they would incur heavy losses this year, while many of them would be on the verge of bankruptcy.

Ha Giang: Goat fighting competition

VietNamNet Bridge – After a successful goat fighting competition in Peop village in September, the authorities of Hoang Su Phi district in the northern mountainous province of Ha Giang has held another competition in Thong Nguyen commune.

Wall Street rallies on European summit hopes

Wall Street rose on Wednesday, with the blue-chip Dow and the broader S&P 500 up in four of last five sessions, as investors were expecting a comprehensive resolution to euro zone's debt problems on the EU summit.

Unreasonable programming threatens Mui Ne tourism brand

Experts have warned that the chaotic construction in Mui Ne, the result of the unreasonable development programming which lacks a long term vision, may ruin the Mui Ne tourism brand which has become famous in Vietnam and all over the world.

Heavier punishment still cannot stop price posting in dollars

A lot of hotels, restaurants and travel firms were found yesterday as still posting prices and service fees in dollars.

EVN Telecom falls into Viettel’s hands, but more affairs expected

Born in 1995, EVN Telecom has been taking a heavy loss after 16 years of operation. However, the small telco still seems to be valuable.

University lecturers rush to attend illicit training courses for doctorates

Not only lecturers of local universities and junior colleges, but lecturers of prestigious schools also rush to attend illicit training courses to obtain doctorates – the things needed for them to keep their jobs at universities.

Vietnamese agencies still puzzled in managing exotic species

The loss of biodiversity has been the big worry of many countries in the world, while the development of harmful exotic species is considered the biggest threat.

Hormone linked to regain weight

A new study shows that it's not simply a lack of willpower that explains weight regain but hormones keep one insisting on eating, a persistent biological urge.

IBM appoints first woman CEO

Virginia M. Rometty, 54, will succeed present IBM CEO Sam Palmisano to be the next chief executive at the start of 2012, the company announced Tuesday.

Investors call for land law revision

Since its enactment in 2003, the Land Law has effectively governed the rights and obligations of land users. In light of the pace of Vietnam's development and integration in the global economy, the Law has demonstrated shortcomings.

Buying graves on hire-purchase

VietNamNet Bridge – For the first time Vietnamese can buy their graves on installments. The subject for this service is… members of elderly associations.

Character witnesses praise Michael Jackson's embattled personal physician

Michael Jackson's personal physician Conrad Murray was visibly moved to tears as a string of character witnesses took the stand Wednesday, portraying him as a caring and thoughtful doctor who "is not getting a fair shake."

Tourism industry needs trained local chefs

Viet Nam attracts millions of tourists each year to sample its cuisine, but the number of locally qualified chefs is insufficient to meet demand.

Dollar price increases make imports more expensive

The continued adjustments of the dong/dollar exchange rate in recent days have made import products more expensive by hundreds of thousands of dong or millions of dong.

National Assembly deputies worry of young crime

VietNamNet Bridge – National Assembly (NA) deputies spoke about matters related to anti-crime task at the session on October 26.

BUSINESS IN BRIEF 28/10

Viettel launches plant to make handsets, computers; Firms help employees deal with inflation; Vietnam to restructure banking system; Investment pledged for north-central region; September’s trade gap bigger than estimate

Gaddafi's son Saif al-Islam spotted in Nigerien territory

Gaddafi's son Saif al-Islam who is being sought by the International Criminal Court (ICC), was on Wednesday morning spotted in north Arlit (about 400 km north of Agadez) in the Nigerien territory, military sources have said.

Obama unveils plan to ease student loan burden

U.S. President Barack Obama on Wednesday unveiled a plan that would help relieve the burden of Americans who are struggling to pay their student loans.

SBV raises interbank loan rate

The State Bank of Viet Nam yesterday raised the interbank exchange rate by VND20 to VND20,768 per dollar, its highest level this year.