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GOVERNMENT IN BRIEF 31/8

 President to attend APEC conference; Indonesian House Speaker to visit Vietnam; APEC finance ministers hold talks in Moscow; President to attend APEC summit in Russia

Foreign Minister attends NAM Summit

 VietNamNet Bridge – Vietnamese Foreign Minister Pham Binh Minh is attending the two-day 16 th Summit of the Non-Aligned Movement (NAM), which opened in Tehran, Iran on August 30.

SPORTS IN BRIEF 31/8

 Women's football team set for pre-tournament training in China; Viet Nam volleyball team to compete at AVC Cup; VFF bans player for attempted match fixing

Tung placed 7th in Paralympic swimming final

 VietNamNet Bridge – Swimmer Vo Thanh Tung could not maintain his excellent performance as seen in the S5 men’s 50m freestyle’s qualifiers and finished 7th out of 8 competitors in the final on August 31.  

Hanoi demand for workers expected to increase

 VietNamNet Bridge – Supplies for the labour market are expected to increase strongly towards the end of the year, according to many employment agencies.

U.S. stocks close lower with S & P below 1,400

 U.S. stocks closed lower Thursday with the Standard & Poor's 500 dropping below 1,400, ahead of the central bank's Jackson Hole meeting.

Health insurance goal out of reach

 VietNamNet Bridge – The nation is likely to miss proposed targets on ensuring health insurance coverage extends to 75 per cent of the population by 2015 and 90 per cent by 2020.

Forest areas sharply narrowed down

The total forest area burnt down between January and August amounted to 1,915 hectares, two times higher than the same period last year while the total forest area logged down in the period was 685 hectares, 73% of last year’s figure,

Italy's financial consolidation impressive, will bear fruit: Merkel

 German Chancellor Angela Merkel on Wednesday lavished praise on Italy for its efforts in cutting its budget deficit and economic reforms, saying she believed the reform measures would be fruitful.

Foreign fast food giants run a race in Vietnam

The Vietnamese fast food market has heated up after BBQ Vietnam announced the plan to open more shops, while McDonald’s has been intensively looking for Vietnamese partners.

IT remains core contributor to national growth

  The information and communications technology sector has secured its position as a key economic driver, creating jobs and contributing to GDP growth despite the downturn.  

Many tourist sites lack public toilet facilities

VietNamNet Bridge – The number of public restrooms at tourist destinations in Viet Nam only meets about 30 per cent of demand, which is believed to leave a bad impression on tourists and cause environmental problems.

Students strive to make a living after lecture hours

A lot of students did not return to home village to enjoy the summer holiday. They stayed in big cities to work hard to earn money to continue nurturing the dream about university education.

Foreign institutions believe Vietnamese stocks cheap and attractive

The latest report by JPMorgan Chase showed the active outlook onto the Vietnam’s economy and stock market. Meanwhile, Bloomberg newswire believes that Vietnamese stocks have become cheap enough to buy in.

Hanoi doesn’t lack land for static traffic, says expert

  VietNamNet Bridge – Hanoi’s plans to build parking lots in parks and flower gardens are something unreasonable, said senior architect Dao Ngoc Nghiem.

BUSINESS IN BRIEF 31/8

 Poor auto sales see tax figures spin out; SJC reprocesses 45,000 taels of gold; Vietnam has the fifth biggest soybean milk plant; Over half of Vietnam FDI from Japan between Jan-Aug; Prospects of restructuring State-owned enterprises   

Court upholds jail term for ex-Vinashin chairman

 The Supreme People’s Court on August 30 upheld a 20-year jail term handed down at the March 2012 trial for former Chairman of the Vietnam Shipbuilding Industry Group (Vinashin) Pham Thanh Binh.   

Social insurance conundrum

 Ensuring social insurance fund payment stability remains a pressing question.

Aspirin may help men with prostate cancer live longer: U.S. study

 Men who have been treated for prostate cancer, either with surgery or radiation, could benefit from taking aspirin regularly, according to a U.S. study published this week in the Journal of Clinical Oncology.

Chinese watercolor paintings in town

 A water-color exhibition from 30 artists from the Chinese artist club in HCMC and members of HCMC Association of Fine Arts on Tuesday opened at the association, featuring more than 70 pieces.