2008 December

Vietnam to install black boxes at gas stations

VietNamNet Bridge - The Ministry of Science and Technology (MoST) will install detecting devices on retail gasoline pumps across the country after widespread fuel fraud was found at gas stations. Inspectors check a gasoline pump at a fuel station in HanoiThe Ministry has instructed the Center for Technological Progress to make a black box to record the volume... Read more

City medical waste a health hazard

VietNamNet Bridge - With only a third of HCM City’s 130 hospitals equipped with standard wastewater treatment facilities, medical waste poses a severe threat to the city’s environment. VietNamNet Bridge - With only a third of HCM City’s 130 hospitals equipped with standard wastewater treatment facilities, medical waste poses a severe threat... Read more

New York gold futures rise sharply after Christmas

Gold market in New York Friday saw a brisk move to the upside in a post-holiday trade. Gold futures for February delivery gained 23.20 U.S. dollars, or 2.7 percent, to 871.20 dollars an ounce on the New York Mercantile Exchange. Bullish outside market influences helped gold recover from an early price dip. Crude oil futures rose more than 6 percent in New York,... Read more

UN chief backs Pakistan’s efforts to seek truth, justice on Bhutto assassination

UN Secretary-General Ban Ki-moon Friday said that he supports Pakistan’s efforts to search for truth and justice on the December 2007 assassination of former Prime Minister Benazir Bhutto. A supporter holds a candle next to a picture of slain former prime minister Benazir Bhutto during a prayer ceremony ahead of her first death anniversary in Karachi December... Read more

Maritime economy to contribute over 50 percent to GDP by 2020

VietNamNet Bridge - Vietnam’s maritime economy is forecast to contribute 53 percent to GDP by 2020, affirmed the Minister of Natural Resources and Environment, Pham Khoi Nguyen, at a conference on deploying the mission of the Vietnam Sea and Island General Department on December 26. To carry out this task, the General Department should build a maritime... Read more

Vintage bikes given new lease of life in Da Lat

The Central Highlands resort town of Da Lat is offering a glimpse into the past with an exhibition of 20 antique scooters and mopeds. The ‘two-wheeled car’ Maico-Mobil scooter at the vintage bikes exhibition in Da LatVisitors can find various kinds of scooters, made between 1946 and 1960, which were once popular in Vietnam.One of the spectacular models... Read more

WTO accession poses challenges to steel industry

VietNamNet Bridge – Vietnam ’s entry into the WTO has led to a sharp increase in foreign investment in the steel industry, posing a great challenge to local small-sized businesses, an expert said at a workshop in Hanoi on Dec. 26. An improved investment environment and an increasingly growing economy since the country joined the World Trade Organisation... Read more

Experts seek ways to develop property market

VietNamNet Bridge - Local experts have described the harmonious settlement of relations between the financial and real estate markets as a key to mitigating threats to the national economy and living conditions of the people. At a seminar held in Hanoi on Dec. 26, experts painted a bleak picture of the property market during this year, with a decrease in transactions... Read more

Sapa destroys precious pink heritage for quick Tet profits

VietNamNet Bridge - Tourists visiting Sapa Township in northern Lao Cai province in the springtime could hardly forget the vast number of blossoming peach trees. Visitors to SapaYet, the distinctive beauty of these trees fades with each passing year, as locals cut them down to sell.The big garden of peach flowers in several communes surrounding Ham Rong Mountain... Read more

BUSINESS IN BRIEF 27/12

Chinese province wants to promote economic ties with Vietnam; Golf developer invests 1 bln USD in Laos; Hanoi export turnover up 35.5%; Khanh Hoa to focus on tourism marketing The Ministry of Industry and Trade Friday recommended a hike in import taxes on pulp and paper to protect domestic producers. It suggested increasing the tariff on pulp from zero to 5 percent... Read more

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