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[2011-07-08] Thousands of businesses reportedly need urgent support
Thousands of businesses reportedly need urgent support
July, 08/07/2011
VietNamNet Bridge – A series of drastic measures have been taken to prevent businesses from going dissolved or bankrupted. The tax incentives initiated by the Ministry of Finance are believed to be very useful. The overly high bank loan interest rates, the fluctuating input material prices and the narrowed markets all have put thousands of enterprises into big difficulties. 40 percent of businesses und... |
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[2011-07-07] Vinacomin defends recent coal imports
Vinacomin defends recent coal imports
July, 07 2011
State-owned miner Vinacomin’s claims that coal imports are more economical than using domestic coal have been rejected by experts.
The state-owned Vietnam National Coal-Mineral Industries Group (Vinacomin) claims prices of domestic coal from the north for southern power plants could be around USD22 higher than coal imported from Indonesia.
Unreasonable comparison
Apart from 9,500 tonnes of coal recently imported from Indonesia, ... |
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[2011-07-07] Banks warned about dead ATM cards
Banks warned about dead ATM cards
July, 07 20111
VietNamNet Bridge – The number of cards issued by commercial banks has been increasing rapidly. However, experts have pointed out that the figures do not truly reflect the real situation, because of the high percentage of “dead cards”.
While commercial banks have still been racing to issue more new cards, a big amount of issued cards have become dead cards, because they have not been used by shareholders. According to the... |
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[2011-07-07] Nearly 46,000 workers go overseas in first half
Nearly 46,000 workers go overseas in first half
July, 07 2011
Vietnam sent over 45,860 guest workers overseas in the first six months of this year, representing a year-on-year increase of nearly 24 per cent.
Vietnam’s major labour markets included Taiwan, the Republic of Korea, Malaysia, Japan and Saudi Arabia. This was a positive signal in the context where more than 10,000 Vietnamese guest workers in Libya had to return home to escape from political instability. Meanwhile, the Mar... |
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[2011-07-06] Temasek invests more in Hoang Anh Gia Lai
Temasek invests more in Hoang Anh Gia Lai
July, 06 2011
Singapore-based Temasek Group has spent VND1.13 trillion ($5.39 million) more on corporate bonds from Hoang Anh Gia Lai (HAG) after increasing its investment in the latter to $110 million in May.
The two companies have also agreed to change the term of the $5.39 million convertible bonds issued last August from one to three years.
Under the agreement, Temasek can convert these bonds into shares of a rubber firm under Hoang Anh Gia La... |
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[2011-07-06] China coal surge held back warming: study
China coal surge held back warming: study
July, 06 2011
China's soaring coal consumption in the last decade held back global warming as sulfur emissions served as a coolant, according to a study that takes head-on a key argument of climate skeptics.
While 2005 and 2010 are tied as the hottest years on record, skeptics have charged that an absence of a steady rise from 1998 to 2008 disproves the view that people are heating up the planet through greenhouse gas emissions.
Robert Kaufmann,... |
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[2011-07-06] Vietnamese manufacturers contrive to compete with Chinese goods
Vietnamese manufacturers contrive to compete with Chinese goods
July, 06 2011
VietNamNet Bridge – Competing with Chinese goods in terms of prices is really unthinkable for Vietnamese small and medium enterprises. They have to use their own advantages to expand the distribution network and dominate the domestic market. Having both feet on the ground
Considering Chinese manufacturers as redoubtable rivals, Vietnamese enterprises admit that Chinese understand consumers well, which h... |
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[2011-07-05] 1 killed, 12 injured in oil tank explosion
1 killed, 12 injured in oil tank explosion
July, 05 2011
An oil storage tank exploded at a dried shrimp factory in the southern province of Kien Giang early yesterday morning, killing 1 worker and injuring 12 others. The oil tank, which was used to boil shrimps, exploded while workers were working at the factory, which is owned by Ngo Van Ha and located in Ngach Commune, Kien Luong District, Kien Luong Town. The explosion severely injured 13 workers, who were taken to Kien Giang General ... |
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[2011-07-05] Government to consider early pay rises
Government to consider early pay rises
July 05, 2011
Companies in Vietnam may increase the minimum wage from October 1, instead of January 1, 2012 as earlier planned.
The Ministry of Labour, Invalids and Social Affairs (MoLISA) plans to seek the Government’s approval this month to increase wages, said Deputy Minister Pham Minh Huan.
Huan said that the move was expected to improve people’s living standards, which had been affected by inflation.
According to the wage increase ro... |
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[2011-07-05] Nearly 700,000 candidates sit university entrance exams today
Nearly 700,000 candidates sit university entrance exams today
July, 05 2011
Nearly 700,000 candidates nation-wide sat Math tests this morning as part first phase university entrance exams.
A report released by the Education and Training Ministry yesterday revealed that the number of registered candidates was around 220,000 less than on previous occasions.
This year's university entrance exams are set to take place at nearly 1,000 destinations consisting of 25,500 testing rooms.
Candidates... |
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[2011-07-04] Breakfast @ Tuoitrenews – July 4
Breakfast @ Tuoitrenews – July 4
July, 04 2011
Politics
Vietnam appointed 8 high-ranking officials to new positions in the military on Sunday in Hanoi.
China attaches importance to the traditional friendship with Vietnam and commits itself together with the Vietnamese side to strengthen solidarity, cooperation and mutual support, Chinese Ambassador to Vietnam Sun Guoxiang said on Friday at a banquet in Hanoi to celebrate the 90th founding anniversary of the Communist Party of Chi... |
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[2011-07-04] “Extreme voice from China is only minority”
“Extreme voice from China is only minority”
July, 04 2011
VietNamNet Bridge – Vietnam’s response against China in the East Sea disputes is strongest in the last 20 years. Le Van Nghiem, chief of the Foreign Information Department spoke about the viewpoint in reporting the East Sea incidents.
Many international academics said that after Chinese ships cut the cables of Vietnamese ships in Vietnam’s continental shelf; many Chinese news agencies have distorted t... |
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[2011-07-02] Vietnam to set stricter passenger ship safety rules
Vietnam to set stricter passenger ship safety rules
July, 02 2011
All high-speed passenger vessels which have capacity of at least 30km/h must have radars installed, according to proposed new regulations.
The Vietnam Register is currently drafting a circular to be submitted to the Ministry of Transport for consideration in late July.
The new regulations will compel captains of high-speed passenger ships to attend a short-term training course on the use of radars.
After the tragic Din Ky... |
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[2011-07-02] Vietnamese scholar speaks about the East Sea on Chinese TV
Vietnamese scholar speaks about the East Sea on Chinese TV
July, 02 2011
VietNamNet Bridge – In the interview on a Chinese television channel, Dr. Vu Cao Phan, a researcher of Vietnam-China relationships and Vice Chair of the Vietnam-China Friendship Association, said that Vietnamese leaders’ speeches are a self-defense reaction, not threats of war. He believed that the East Sea disputes would be settled peacefully.
Below is the contents of Dr.Phan’s interview with Hong Kong... |
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[2011-07-02] Viet Nam needs to curb inflation: PM
Viet Nam needs to curb inflation: PM
July, 02 2011
HA NOI — Prime Minister Nguyen Tan Dung yesterday stressed the need for the country to curb inflation, stabilise the macro-economy and ensure social welfare for the next six months.
He made the statement during an online conference with ministries and localities to discuss implementation of the Government's major solutions for the rest of this year.
Reports from the ministries and localities revealed socio-economic achievements ... |
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