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Cartoons decline due to low funds

Most cartoons shown on television are foreign-made, with few of them produced by local companies because of a lack of funds.

Interest rates lower, exchange rate under harder pressure

The continued interest rate reductions are thought to put a hard pressure on the dong/dollar exchange rate. However, economists do not think that the dong would depreciate sharply this year.

Fooling around with death

VietNamNet Bridge – In HCM City, many high-tension stations have become restaurants, construction material warehouses, parking lots, ornamental gardens, etc.

First Vietnam piracy lawsuit for books succeeds

One of two foreign-language schools that were sued by Tri Viet Publishing House in HCM City last year for pirating its TOEFL and TOEIC textbooks has issued a formal apology and paid compensation of US$18,095 to the publishing company.

Charming architecture of Hanoi

Hanoi is an attractive city partly due to its architectural works. The mingling between ancient oriental architectural designs and French architecture has created Hanoi ’s own architectural space, which will exist forever in time.

Vietnam hosts UNESCO consultation meeting

Representatives from the UNESCO Committees in the Asia-Pacific region attended their consultation meeting in Thanh Hoa province on June 16 to gather member countries’ opinions on the UN organisation’s priority areas in the coming years.

Technology park must retain attraction

HCM City needs to create a new and appealing incentive mechanism to attract investors to the Sai Gon High-Tech Park, Deputy Minister of Science and Technology Nguyen Van Lang has said.

Love potions sold online

VietNamNet Bridge – “A husband goes about with a young girl and neglected his family, resulted in family tragedy, but with only one love potion, he will break up with his girlfriend to return home with his wife.”

Cutting interest rates for capital restructuring

Interest rates for short-term deposits had remained high for a long time before being adjusted lower than those for medium- and long-term ones.

BUSINESS IN BRIEF 17/6

RoK, Vietnam aim for US$20 billion in trade turnover; State enterprises unable, unwilling to restructure; Bank shareholders repeat violations; Taxi fares cut amid fuel price drop; Quang Ninh plans to halt sluggish projects

Greece beats Russia 1-0 to advance into quarterfinal at Euro 2012

Greece took advantage of a fatal defensive error of Russian defenders to harvest a 1-0 win and a berth in the quarterfinals at Euro 2012 here on Saturday.

Ancient Pottery Village of Phuoc Tich

Phuoc Tich Village is famous nationwide for the craft of making pottery. The village was established over 500 years ago with the initial name of Dong Quyet and subsequently renamed Phuoc Tich during the Nguyen Dynasty.

Many Chinese merchants carry out illegal trade activities in Vietnam

Chinese merchants have been present everywhere in the Vietnamese territory to cultivate, collect and fish aquatic creatures and farm produce.

Pollution in Hanoi

VietNamNet Bridge – Hanoi is listed in the top cities of air pollution in Asia. The city also faces pollution of water, food, noise, solid waste and pollution at craft villages.

More air carriers offer low airfares, benefiting tourism

After the national flag air carrier Vietnam Airlines, VietJet Air has also offered the airfare discounts for travelers. Air carriers have been closely cooperating with travel firms to stimulate demand for mutual benefit.

Firms pushed against the wall

The tough business climate and tight capital sources continue to take a toll on firms.

Domestic child abuse is rising

VietNamNet Bridge – Child abuse takes place in not only remote areas, where the living standard and intellectual standards are low, but also in big cities.

English teachers forced to learn intensively to meet European standards

Local authorities are programming refresher courses to help improve English teachers’ capability after they found out that most of them cannot meet the required standards.

Low-cost smart phone race just begins

Samsung, Sony and Chinese manufacturers have marketed the smart phones using dual core chips which have the prices of less than 7 million dong. Meanwhile, Vietnamese enterprises have also jumped into the low-cost smart phone market.

Gold-leaf making craft in Kieu Ki

Located on the northern bank of the Red River, Kieu Ki is known as the only village in Vietnam still practicing the traditional craft of producing gold leaf.