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The cost of the indecisiveness

The U.S. government and International Monetary Fund (IMF) have warned Eurozone leaders that the debt crisis Greece, if not thoroughly solved, can set off a "domino effect" in European countries that could threaten the stability of the world economy.
Stable policy needed for local auto industry: expert

Stable policy needed for local auto industry: expert

Following Sai Gon Giai Phong’s report on protection and development of the domestic auto industry, SGGP heard from several economists including Nguyen Tien Dung, chairman of the Saigon Transportation Mechanical Corporation’s Management Board, who said the Government’s strategy for developing the auto sector is not immutable and needed to be adjusted.
Latin American leftists march towards new socialism

Latin American leftists march towards new socialism

In recent years, the success of leftist movements in Latin America have brought into power a series of high-profile leftist leaders who are seeking ways to build “21st century socialism.”
Socialism or kinder capitalism?

Socialism or kinder capitalism?

At the end of 2008, when the global economy was on the brink of collapse, many respected commentators called it for what it was -- a crisis caused by capitalism.
Vedan must pay compensation to farmer: SGGP reader

Vedan must pay compensation to farmer: SGGP reader

A reader writing to SGGP has said Vedan Vietnam, a Taiwanese MSG producer, must pay compensation to farmers who have suffered losses and damage due to Vedan’s direct discharge of untreated wastewater into Thi Vai river.
Domestic Firms Left Standing as Foreign Retailers Surge ahead

Domestic Firms Left Standing as Foreign Retailers Surge ahead

The Vietnamese government has approved an application by Metro Cash and Carry to open its ninth wholesale retail outlet in Bien Hoa City, the capital of Dong Nai Province. Viet Nam’s only modern domestic retailer to date is the Co.opMart
Wacky Records or Cheap Stunts?

Wacky Records or Cheap Stunts?

A man introduced as a record holder proudly stepped onto the stage, announced he would perform a never-seen-before feat to an attentive audience and after putting a live fish into his mouth, swallowed it whole. The biggest shirt in Viet Nam is 58m long, 40m wide and weighs 520.76kg. This "largest shirt was washed in the shortest time". Obviously this 'record' is extremely funny and insulting to reason