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BUSINESS IN BRIEF 17/1

Cashew growers face uncertain future; Growth in services sector outstrips GDP; Official calls on Vinacomin to sell down coal stockpiles; Vietnam to put coins back into circulation; Nation urged to make IT a spearhead industry

Japanese opera to perform in Vietnam

 VietNamNet Bridge – Yuzuru (Twilight Crane), a famous Japanese opera adapted from its folk story will be staged at Hanoi Opera House on March 29-30, announced Norio Hattori, Japan’s former Ambassador to Vietnam on January 15.

In digital era, students can easily blackmail teachers

A lot of students now have the “hobby” of speaking ill of their teachers on Facebook, because they know that the information on the social network would be spread out very quickly.

Groupon websites may be asked to pay deposits and take insurance policies

The Ministry of Industry and Trade (MOIT) is considering laying down a new policy, forcing groupon websites to pay a deposit and take insurance policies in order to protect consumers’ rights.

Artists join charity exhibition

The Community Integration and Development Foundation (CIDEFO) in conjunction with the artists of the HCMC Arts Association last Saturday held Xuan yeu thuong (Spring of Affection) at the City Exhibition Hall in District 1. 

The "king" of seed rice in the Mekong Delta

Vo Van Chung is called the King of Rice Seeds in southern Vietnam. He is the most famous “king of seed rice” in the region since 1975. The story about the process to become a king of this man is very thrilling.

World Bank estimates global economic growth rate at 2.4 pct in 2013

 The World Bank on Tuesday released its baseline economic forecast, predicting that the global economy would grow at a rate of 2.4 percent in 2013 before strengthening to 3.1 percent in 2014.

Mars rover readies first rock drilling

 The Mars rover Curiosity will soon begin to drill into the Red Planet for the first time, mission officials said, ahead of the highly anticipated endeavor.

Hanoi runs modern industrial waste incinerator

 VietNamNet Bridge – Hanoi began operating an incinerator, capable of burning 48 tonnes of industrial waste a day, in Nam Son waste treatment complex in Soc Son outlying district on January 14.

Securities suffer from business slump

 VietNamNet Bridge – A decline in businesses performances last year caused a downturn in the quality of securities, affecting investor confidence, says the State Securities Commission.

Belgian author meets Vietnamese readers

 VietNamNet Bridge – Famous Belgian writer Nicolas Ancion will meet with Vietnamese fans at Hanoi’s Manzi Art Space on January 20.

Government aims to rescue ailing property market

 VietNamNet Bridge – The Government has issued a resolution dealing with problems in the property market and bad debt.

Obama to unveil gun-control proposals Wednesday

 U.S. President Barack Obama will unveil a "comprehensive" package of gun violence reduction proposals on Wednesday, including renewing assault weapons ban and tougher background checks,

World Bank sees emerging nations leading growth

 Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along, the World Bank said in a report.

SPORTS IN BRIEF 16/1

 Track-and-field athletes to compete on global stage; Archers rank second in regional competition; Paulo Owen signs with First Division's Long An

State-owned groups report losses of nearly $62 billion to the PM

VietNamNet Bridge – A report released at the meeting with the Prime Minister this morning, January 16 shows that the losses of state-owned groups and corporations in 2012 significantly improved when compared to 2011.

Nam leaps 11 places in world junior rankings

VietNamNet Bridge – Rising tennis star Ly Hoang Nam moved up 11 spots in the International Tennis Federation (ITF)'s latest junior ranking to 114th.  

PM proposes launching of Viet Nam-India direct air route

VietNamNet Bridge – PM Nguyen Tan Dung proposed Viet Nam and India early open a direct air route to speed up trade linkages between the two countries in the coming time. 

Vietnamese market too severe to airlines (part 1)

Analysts now bet on the fate of Air Mekong after hearing that the private airline cannot pay for fuel. Pacific Airlines still has reported a loss for the last five consecutive years of operation.

Land Law, disaster readiness under review

 VietNamNet Bridge – The draft Land Law will undergo public comment during February and March before being submitted to the National Assembly for approval in May,