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[2011-09-01] Vietnam’s National Day marked in Thailand
Vietnam’s National Day marked in Thailand
September, 01 2011
A ceremony was held in Bangkok on August 30 to celebrate Vietnam’s August Revolution and National Day.
President of the Thai Senate Teeradej Meepian and Thai Foreign Minister Surapong Tovichakchaikul attended the event.
Vietnamese Ambassador to Thailand Ngo Duc Thang recalled the glorious days of the 1945 autumn, when millions of Vietnamese people rose up to conduct the revolution to overthrow the colonial regime and ... |
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[2011-09-01] Domestic gold savings to be tapped
Domestic gold savings to be tapped
September, 01 2011
The State Bank of Vietnam (SBV) is mulling over a plan to attract and utilise gold accumulated in domestic savings in order to bolster national foreign currency reserve.
Truong Van Phuoc, former Director of the SBV’s Department of Foreign Currency, said that banks had previously accessed 130 tonnes of the precious metal that is often accumulated by Vietnamese as a form of saving. The SBV estimates that between 300 and 500 tonnes... |
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[2011-08-31] Breakfast @ Tuoitrenews – August 31
Breakfast @ Tuoitrenews – August 31
August, 31 2011
Tuoitrenews briefs some of salient news published today, August 31, on Vietnamese media:
Society:
The world’s largest and most advanced solar powered boat, M/S Tûranor Planet Solar, arrived in Nha Trang coastal central city on Tuesday to bear a truly bright message that the sun can power everything. It is scheduled to leave Nha Trang for Singapore on September 3.
A mother and her 2-year-old daughter were killed in a r... |
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[2011-08-31] Bank plan gets thumbs up from industry leaders
Bank plan gets thumbs up from industry leaders
August, 31 2011
The government’s banking sector restructuring plan has been applauded by industry insiders.
Newly-elected State Bank governor Nguyen Van Binh said the current number of banking entities in Vietnam, up to 80, was enormous against the size of Vietnam’s economy.
Supportive of the idea, National Financial Supervisory Commission chairman Dr. Vu Viet Ngoan agreed it was time to shut down feeble banks.
Reality shows that... |
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[2011-08-30] Breakfast @ Tuoitrenews – August 30
Breakfast @ Tuoitrenews – August 30
August, 30 2011
Briefs of some of leading news stories published Tuesday (August 30) on Vietnamese media that will be carried today on Tuoitrenews.vn:
Politics:
-- Vietnamese President Truong Tan Sang has approved to grant 10,535 offenders a special amnesty on the occasion of the National Day on September 2.
-- A senior military conference between Vietnam and China was held in Beijing, China on August 29. This is the fifth meeting between senio... |
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[2011-08-30] Consumers cry foul over modest petrol price cuts
Consumers cry foul over modest petrol price cuts
August, 30 2011
Consumers have been left disappointed by a meagre decrease of VND300-VND500/litre for petrol products on August 26, with complaints of profiteering being levelled at petrol distributors and retailers
Industry experts said that price cut from VND21,300 per litre to VND20,800 (USD1.02-USD0.9) should have made earlier if petrol price calculations had been more transparent.
Domestic petrol prices have long been subsidised t... |
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[2011-08-29] CPI slowdown fails to calm enterprise fears anxiety
CPI slowdown fails to calm enterprise fears anxiety
August, 29 2011
Improved consumer price index for August has done little to assuage enterprise fears about weakening consumer demand in the country.
The General Statistics Office (GSO) last week reported a slowdown in consumer price index (CPI) growth for August. The month saw the CPI rise 0.93 per cent month-on-month, on the heels of a figure of 1.17 per cent in July.
This is the first time monthly CPI has come in under 1 per cent sinc... |
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[2011-08-27] Fire alarm sounds on Vietnam Airlines plane
Fire alarm sounds on Vietnam Airlines plane
August, 27 2011
The fire alarm system on a Vietnam Airlines plane was activated by a man smoking a cigarette while it was en route from Vinh city to Ho Chi Minh City yesterday morning. The VN1236 flight attendants caught Nguyen Nhat Minh, 31, smoking in the plane’s toilet after the fire alarm system sounded from the area. The airliner made a report about Minh’s violation of flight safety regulations and handed him over to the Souther... |
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[2011-08-27] Over 3 million Vietnamese families live below poverty line
Over 3 million Vietnamese families live below poverty line
August, 27 2011
Over three million Vietnamese families are living under the poverty line, accounting for 14.2% of the country’s households, said the Ministry of Labour, Invalid and Social Affairs (MoLISA).
According to the ministry, 7.49% of Vietnamese families are on the verge of poverty.
The ministry announced the statistics after auditing the efficiency of a national poverty reduction programme in the first six months of ... |
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[2011-08-26] VN inflation may have peaked; now the hard part
VN inflation may have peaked; now the hard part
August, 26 2011
Inflation may have finally peaked in Vietnam. Now comes the hard part for policymakers.
It is too early to start unwinding tight monetary policy but pressure to do so will no doubt rise quickly if, as some economists expect, inflation starts to ease in the next month or so.
The stability of Vietnam's beleaguered $100-billion economy and its attractiveness to investors hinge on whether policymakers stick to their guns, econ... |
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[2011-08-26] Vietnamese hospitals extremely overloaded
Vietnamese hospitals extremely overloaded
August, 26 2011
VietNamNet Bridge – Originating from downgraded infrastructure and overworked doctors and nurses, Vietnamese patients do not enjoy their minimum rights: being examined and taken care considerately. Minister of Health, Nguyen Thi Kim Tien (Deputy Minister at that time), told Deputy Prime Minister at a meeting between the Deputy PM and the Ministry of Health on July 2, 2011 that Vietnamese people spend around US$1 bill... |
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[2011-08-25] Paralyzed man makes dog sledge out of wheelchair
Paralyzed man makes dog sledge out of wheelchair
August, 25 2011
For villagers on Be Islet in the central province of Quang Ngai, the sight of two dogs pulling a young man on a wheelchair is a familiar one.
No and Phao, the two dogs, “have been my friends for five years now,” 36-year-old Bui Hue, whose legs are paralyzed, says.
Hue is unable to work at sea but he misses the good old days when he worked as a fisherman and diver.
It has been 10 years since Hue was paralyzed. B... |
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[2011-08-25] EVN given power to raise electricity prices on quarterly basis
EVN given power to raise electricity prices on quarterly basis
August, 25 2011
The Ministry of Industry and Trade will allow the adjustment of power prices once per every quarter beginning from September 1, instead of the annual changes as current.
According to the ministry’s recent circular, any price adjustment should be made public.
State-owned Electricity of Vietnam (EVN) should check production costs that affect power prices 10 days prior to the end of every month.
EVN could b... |
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[2011-08-24] East Coast rocked by strongest quake since 1944
East Coast rocked by strongest quake since 1944
August, 24 2011
Tens of millions of people from Georgia to Canada were jolted Tuesday by the strongest earthquake to strike the East Coast since World War II. Three weeks before the 10th anniversary of Sept. 11, office workers poured out of New York skyscrapers and the Pentagon, relieved it was nothing more sinister than an act of nature. There were no known deaths or serious injuries, but cracks appeared in the National Cathedral, and three... |
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[2011-08-24] Poor peace is better than a good war
Poor peace is better than a good war
August, 24 2011
VietNamNet Bridge – The approval of a guideline for implementing the Declaration of the Conduct of Parties in the East Sea (DOC) is highlighted as a success by China. It makes the Association of Southeast Asian Nations (ASEAN) to sigh with relief and eases the worry of others about a possible clash in the East Sea.
Most of the principles in ASEAN’s draft guideline are approved by ASEAN and China, particularly ... |
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