Hanoi

Flash floods claim at least 11 lives in central Vietnam

Flash floods claim at least 11 lives in central Vietnam Hanoi - Flash floods triggered by heavy rain killed at least 11 people and damaged thousands of homes in central Vietnam, disaster officials said Monday.

The central provinces saw heavy rain between October 15 and 19, with average daily accumulation between 300 and 470 millimeters.

"According to the latest figures on Monday morning, there have been 11 people killed and seven injured," said Phan Phu Chinh of the Central Steering Committee for Storm and Flood Control.

Trial opens for Vietnam anti-corruption journalists

VietnamHanoi- One of two journalists who went on trial Tuesday in connection with their reporting on a government corruption scandal pled guilty to "abusing democratic freedoms" in a case seen as a bellwether for press freedom in Vietnam.

Nguyen Van Hai said he considered accurate the government's indictment of him. "I have clearly specified that the information in my stories was wrong," he said.

Nguyen Viet Chien, however, denied breaking the law.

Financial crisis hits Vietnam farmers

VietnamHanoi- The global financial crisis is beginning to hurt Vietnamese farmers and agricultural exporters, officials said Monday.

"The US financial crisis is hitting Vietnam," said Minister of Trade and Industry Nguyen Thanh Bien. "Our exporters will face difficulties in the near future."

Local media reported Monday that prices for pre-processed rubber sap, pepper, rice and tea all showed downward trends.

Vietnam market hits three-month low

Vietnam market hits three-month lowHanoi  - Vietnam's stock market fell slightly Thursday as local traders sold on declines in global markets, securities experts said.

The VN-Index closed down 3.65 points, or 0.91 per cent, at 397.7, the lowest level in three months.

Market volume, however, rose to 20.6 million shares, valued at 25 million dollars, up from 14.3 million shares and 4.5 million dollars on Wednesday.

Some analysts said the volume reflected the potential for a bounce in the next few days.

South Korean company disputes Vietnam media claim in pollution flap

Hanoi - A South Korean condiments manufacturer is disputing media claims that it violated Vietnamese environmental laws, company officials said Thursday.

Several Vietnamese newspapers Thursday ran stories accusing South Korean-owned Miwon Vietnam of intentionally discharging wastewater into the Red River.

The newspapers said Miwon's substandard treatment system had pumped out about 150 cubic metres of wastewater per day since late 2007.

The company admitted to dumping wastewater beyond legal limits and said it had voluntarily reported the amount of discharges to government authorities.

The charges were unfair, the firm said, when it was working to solve the problem.

Vietnam authorities punish Taiwanese polluter

Hanoi, VietnameHanoi - Government authorities have fined the Taiwanese-owned
condiment company Vedan 7.7 million dollars for discharging thousands
of cubic meters of pollutants into a river in southern Vietnam,
officials said Wednesday.

"We have decided to punish Vedan for its violations," said Deputy Minister of Natural Resources and Environment Tran Hong Ha.

According to the decision released Tuesday, Vedan's factory in Dong

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