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Phelps banned for three months by USA Swimming
February 6, 2009 . Filed under International, News
Fourteen-time Olympic champion Michael Phelps got his first suspension from competition for three months by USA Swimming in Colorado Springs on Thursday. Michael Phelps swims during his heat in the men’s 200m butterfly at the U.S. Olympic Swimming Trials in Omaha, Nebraska in this July 1, 2008.(Xinhua/Reuters Photo)“This is not a situation where any... Read more
Gov’t reduces petrol import taxes by 10%
Lookatvietnam – The Government has cut preferential tax rates on imported petroleum to 25 per cent from 35 per cent. The new tax rate will be applied to imported petrol from next Tuesday. When Dung Quat Oil Refinery comes into operation later this month, petroleum imports will reach about 12.2 million tonnes this year.The tax cut is a move to support petroleum... Read more
Food security plan aims to end hunger by 2012
The Ministry of Agriculture and Rural Development (MARD) has submitted a food security plan lasting until 2020 to the Prime Minister. This is among significant plans to develop agriculture and the rural area, as well as to improve the living standards of farmers. A great challenge for food security in Vietnam is the area for rice planting being narrowed.LookAtVietnam... Read more
LCD TVs to see price decreases by the end of February
Though the shelves for LCD TVs remain empty as people rushed to purchase TVs before Tet, major electronics distributors all said that the supplies will become more profuse by the end of February at the latest. The distributors said that the prices of LCD TVs will drop by 10-15% by the end of February, to around VND 8-8.5 million ($531) per 32 inch HD Ready... Read more
Economic woes may ease by midyear: PM
Prime Minister Nguyen Tan Dung at the press briefing in Hanoi Wednesday. With appropriate government action, the economy could start gathering momentum from May this year, Prime Minister Nguyen Tan Dung told a press briefing in Hanoi Wednesday. But even though Dung said Vietnamâs economic slowdown could be turned... Read more
Some still unimpressed by ‘Impressive Vietnam’
Lookatvietnam – Impressive Vietnam, the national tourism promotion program, is finally on track and the Vietnam National Administration of Tourism (VNAT), the organizer of the program, can breathe a sigh of relief as some hotels and tour operators have pledged their cooperation. Photo: VNNLast month, 19 travel agents and 12 three-to-five-star hotels gathered... Read more
Vietnamese scientist honoured by US computer giant
Lookatvietnam - A Vietnamese-born computer boffin, Nguyen Van Son, has registered more than 100 patents and has been honoured with twelve ‘IBM invention achievement’ awards since he joined the US-based electronics giant in 1981. The 54-year-old’s most successful invention, a digital storage system, has helped the corporation to earn tens of... Read more
Foreign investors’ portfolios’ value down by US $4 billion
The value of foreign investors’ portfolios had been reportedly at US $4.6 billion in December 2008, down by nearly US $4 billion compared to the beginning of 2008, when the portfolios’ values were the highest, according to the State Securities Commission (SSC). Dr. Nguyen Son, Head of the Market Development Division under SSC, said that in 2008 the... Read more
Capital forbids transport of poultry, cattle by motorbike
Lookatvietnam – Ha Noi People’s Committee officially banned the transportation of poultry and cattle by motorbike, cyclo, bike and other vehicles without engines yesterday. Ha Noi People’s Committee officially banned the transportation of poultry and cattle by motorbike, cyclo, bike and other vehicles without engines.Poultry and cattle must... Read more
Tet fires in Hanoi caused by flying lanterns
Thousands of residents in Hanoi welcomed the Lunar New Year last Monday in darkness after flying lanterns got caught in power lines, causing blackouts. Firefighters have warned the flying lanterns that have become popular on special occasions in Hanoi and nearby provinces in recent years pose serious fire hazards.Hanoi... Read more


