Hanoi (VNA) -
Current Events
· Prime Minister Nguyen Tan Dung requested not to leave any flood victims suffering from starvation (Saigon Giai phong, p11).
· The whole nation joins efforts to help flood victims in the northern mountainous areas (Nhan dan, p1).
· President Nguyen Minh Triet received Indian people’s delegation (All dailies, p1).
· National Assembly Chairman Nguyen Phu Trong: Lao Cai needs make more efforts to help flood-hit citizens return to normal life and resume production (Nhan dan, Saigon Giai phong, p1).
· A delegation of the Vietnam Buddhist Sangha starts an European tour on the occasion of Vu Lan celebration (Parents Day) (Nhan dan, p8).
· Vietnam-India people’s friendship festival begins (Quan doi Nhan dan, p8).
Socio-economic Affairs
· 279 typical brands were selected in the shortlist for Vietnam Golden Star Award (Nhan dan, p1).
· A five-star hotel and villa complex will be built in Cam Ranh, central Khanh Hoa province (Nhan dan, p5).
· The Republic of Korea invests in building a resort on Lang Co beach, central Thua Thien-Hue province (Nhan dan, p5).
· The number of ASEAN tourists coming to Vietnam increases 21 percent (Nhan dan, p5).
· Vietnam Airlines launched Hanoi-Nagoya direct air route (Nhan dan, p8).
· Vietnam invests in 317 overseas projects (Nhan dan, p8).
· About 92,000 tonnes of basa in Mekong Delta are still unsold (Quan doi Nhan dan, p1).
· Students in Hanoi will start new-school year on August 25 th (Hanoi Moi, p1).
· First electronic textbooks will be published (Hanoi Moi, p5).
· 120 disadvantaged students will receive IT scholarships (Hanoi Moi, p7).
· Gold price fell under 17 million VND per tael mark (Nhan dan, p8; Saigon Giai phong, p1).
· Vocational training will be classified (Quan doi Nhan dan, p6).
· Laos pledged favourable conditions for Vietnam ’s investment (Quan doi Nhan dan, p8).
· Construction of Vietnam-Germany university will start in September (Saigon Giai phong, p1).
· A primitive cave complex was discovered in northern mountainous Son La province (Saigon Giai phong, p12).
· Domestic steel price falls regularly (Saigon Giai phong, p3).
· Saigon Medi-Pharm Expo 2008 provides a good chance for medical-pharmaceutical development (Saigon Giai phong, p7).
· The US Carnegie Mellon University (CMU) cooperates with Vietnam in educational training (Saigon Giai phong, p9).
· Investing in banks’ shares: golden chance is coming back (Lao dong, Monetary page).
· Bond market recovers: optimistic with macro economic stability (Lao dong, Index page).
· Devastating floods may take place in the northern region (Thoi bao Kinh te Vietnam [Vietnam Economic Times], No. 193, p1). Preparations required for the worst scenario.
· The State Bank of Vietnam (SBV) has never neglected risk management work, said Pham Huyen Anh, deputy head of the SBV’s Department of Banks (Thoi bao Kinh te Vietnam , No. 193, p3). Debt classification and regulation of mandatory fund for emergencies at credit institutions were hot issues at a seminar on safeguard regulations and risk management at credit institutions held by the SBV and Ernst & Young company in Hanoi last week.
· Vietnamese coffee and its new challenges (Thoi bao Kinh te Vietnam , No. 193, p5). Starting a large-scale production and trading system.
· Behind the decrease in trade deficit (Thoi bao Kinh te Vietnam , No. 193, p6). There are still many things to do to curb inflation.
· The failure of shrimp breeding at industrial scale (Thoi bao Kinh te Vietnam , No. 193, p8). Both businesses and labourers in Hai Phong are in difficulties.
· Both interest rate and exchange rate are reducing (Tuoi tre [Youth], No. 219, p1). The changes, together with a slow increase of CPI and trade deficit show signs of a stable economy.
· FDI disbursement: Stronger measures applied to projects that were lagged behind schedules (Tuoi tre, No. 219, p14). Vietnam drew the largest ever FDI capital of more than 45 billion USD in the first seven months of the year, however, the biggest problem is how to disburse the capital.
· FDI attraction with two worries (Thoi bao Tai chinh Vietnam , No. 96, p12). Massive foreign capital go to real estate, challenge in capital disbursement.
· Busier share transactions at the OTC market (Tuoi tre, No. 219, p5). Though focusing only on certain kinds of share, the transactions have helped increase liquidity and attract investors.
· Industrial sector continues to grow (Thoi bao Tai chinh Vietnam [Vietnam Financial Times], No. 96, p1). The sector posted a 2 digit growth rate in 18 consecutive years with largest contribution to the country’s economic growth.
· A brighter picture for the stock market in August (Thanh nien [Young People], No. 225, p7).
International Affairs
· Russian President ordered end of military operation in Georgia (Nhan dan, p8).
· Clashes take place in southern Philippines (Nhan dan, p8).
· Japan gave urgent solutions to save the economy (Quan doi Nhan dan, p8).
· The oil market in 2009 will be eased (Quan doi Nhan dan, p8).
· Ships of the Republic of Korea and DPR of Korea hit (Quan doi Nhan dan, p8).
· Palestine rejected peaceful agreement proposed by Israel (Hanoi Moi, p8).
· FUNCIPEC Party has no seat in the newly-elected government (Saigon Giai phong, p12).
· The RoK privatises State-owned enterprises (Saigon Giai phong, p12).-Enditem
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