Tag: no

No end to slump in sight for British, Japanese economies

A homeless man sits on the street in central Tokyo Friday. Japanese unemployment rose to 3.9 percent in November from 3.7 percent in October amid a recession in Asia’s biggest economy. Britain next year faces its biggest recession since World War II, a research group said Friday, as Japan reported a record plunge in production... Read more

Tet holidays begin much earlier, but bring no cheer to workers

Workers in Binh Duong Province catch buses to their hometowns in the northern region. Employees in Binh Duong Province are having no problems getting leave from their bosses to go home for Lunar New Year festival, or Tet, unlike the last few years. Pham Thi Dung says she’s been away from home for three years... Read more

No song and dance

Tran Thuy Chi sings beautifully, but says a singing career is not for her Her fans are legion, but Tran Thuy Chi is clear that she is not cut out for the big stage, “nor am I dazzled by its glamour.” Many fans of one of Vietnam’s most popular online singers would not only be surprised to know that... Read more

No early end to real estate crisis

VietNamNet Bridge – The real estate market will not show signs of recovery until the end of next year, Viet Nam Contractors Association vice chairman Nguyen Quoc Hiep told the Customs newspaper. There will be a new policy which will revise land use prices from the beginning of next year.Around August last year when some real-estate firms declared bankruptcy,... Read more

For some, progress brings TV but no clinic

Chut children in Rao Tre village of Ha Tinh Province. They no longer live in caves like their forefathers and can get state assistance to go to school. In Vietnam’s central mountainous regions in 1959, the Chut minority lived in caves. Now they have stilt houses and farmland to cultivate. The Chut village of... Read more

With no management, gold trading floors may turn into casinos

VietNamNet Bridge – The story about the troubles on ACB gold trading floor has raised a lot of worries about the bad management of gold trading floors. Nguyen Thanh Toai, Deputy General Director of ACB, called the mistake of entering the wrong gold sale price on December 10 (VND17,000/tael instead of VND17mil) a ‘regrettable incident’. Toai... Read more

Handicraftsmen have no jobs, no money

VietNamNet Bridge – Sharp price falls and narrowed export markets have forced many handicraft workshops to stop production and have pushed craftsmen against the wall. Handicraft exports will not meet the targetAccording to Dang Quoc Hung, Deputy Chairman of the HCM City Handicraft and Woodwork, in 2007 Vietnam exported $750 million worth of handicraft... Read more

OPEC makes deepest-ever cut to shore up prices, but no quick fix

OPEC on Wednesday agreed on a deepest-ever net cut of 2.2 million barrels per day (bpd) as of Jan. 1, bringing the total output cut in 2008 to 4.2 million bpd, in another attempt to bolster sagging oil prices under the global economic slowdown. Algerian Energy & Mines Minister and current rotating president of the Organization of Petroleum Exporting Countries... Read more

German Vietnamese footballer breaks no sweat in soft trial

Ngo Tuan Anh (L) in the trial match with veterans of the Railway Football Club in Hanoi Ngo Tuan Anh, a German footballer of Vietnamese origin, went “gently” through his paces in a try-out in Hanoi Tuesday, finding it “very difficult” to prove himself against footballers not of the same age or skill levels. ... Read more

No melamine dairy products in Vietnam

VietNamNet Bridge – The Chief of the Food Hygiene and Safety Agency, under the Health Ministry, Nguyen Cong Khan, said, on Tuesday, that the local dairy market is now safe. 17.4 tons of milk containing melamine were destroyed.  Khan confidently made the above statement after nearly two months of probing the market to reject non-origin dairy products... Read more

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