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Tens of thousands of demonstrators gathered in front of the Georgian parliament on Thursday, urging President Mikhail Saakashvili to resign over the strained ties with Russia as well as the sluggish economy at home. Thousands of Georgians hold a rally against Georgian President Mikheil Saakashvili, calling on his resignation, in front of Parliament Building in [...]
The Ministry of Finance has imposed a pay cap for top executives at state-owned financial institutions as the financial crisis eroded earnings of such companies in 2008, the ministry said Thursday in a circular on its website. The undated photo shows the gate of headquaters of the Ministry of Finance in Beijing. Total executive pay [...]
By the end of 2009, the VND may depreciate by 5% or more against the dollar, according to Bui Kien Thanh, Senior Advisor to KHM Inc, General Director of IAMC (International Asset Management Company). Thanh said that the factor that has direct impacts on the exchange rate is the result of the Government’s second demand [...]
The State Securities Commission (SSC) is going to promulgate a document in some days, asking the Hanoi and HCM City bourses to remove the mechanism putting the share items of listed companies that lost money the previous year under control. Head of the Market Development Department under SSC said that SSC will ask the Hanoi [...]
State management agencies have advised businesses to be wary about capital offers, citing a lot of swindling cases in which Vietnamese businesses suffered. Dr Le Xuan Nghia, Deputy Chairman of the National Committee for Financial Supervision (NFS), said that to date, NFS has received more than 2,000 applications from foreign entities offering loans. However, Nghia [...]
It must be the most unlikely indoor sport one can think of. He is an entertainer: Lam Hoac, a Vietnamese-Canadian, is rated as one of the top seven kite fliers in the world and is popular for his indoor kite-flying skills. But not only is it increasingly popular in non-tropical countries with long winters, like [...]
A press briefing will be held by the National Institute of Hematology and Blood Transfusion at the Hanoi Opera House on April 5 to call for public blood donations nationwide on the occasion of Volunteer Blood Donation Day on April 7. The institute will organize blood donation programs and expects to collect 610,000 units of [...]
On April 2, the Ministry of Information and Communications declared the names of four telecom service providers who won the third generation (3G) licenses: Viettel, VinaPhone, MobiFone and EVN Telecom – Hanoi Telecom. The press conference to announce the names of the 3G licence winners in Hanoi on April 2. The results were accurately forecasted [...]
The U.S. space shuttle Discovery touched down on Saturday at Kennedy Space Center in Florida, ending its 13-day mission to the International Space Station. The space shuttle Discovery has its drag parachute deployed as it rolls past the runway convoy after it returned to earth at the Kennedy Space Center in Cape Canaveral, Florida …
Thailand’s Phanuphan Koolrungruengket had a spectacular day yesterday to emerge victorious in the 98km sixth stage of the Binh Duong Television International Cycling Tour from Nha Trang to Phan Rang. Cyclists from 11 local and three foreign teams were confronted with strong winds over more than 30km of the race, but they pedalled fiercely. Phanuphan [...]