Press Digest (October 7-10)

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These are some of the leading stories in the Vietnamese press from October 7 to 10.



- The Ministry of Education and Training has ordered the State Council for Professor Title to revoke the deputy professor title it conferred on Hoang Xuan Que, deputy director of the Banking and Finance Institute at the National Economics University, and the University Education Department to withdraw the PhD degree it awarded to him for plagiarism in his 2003 doctorate thesis.

- As of the end of 2011 state-owned power monopoly EVN invested over VND121 trillion (US$5.7 billion) in "outside businesses," VND45 trillion more than its registered capital, in violation of finance ministry regulations, according to a government Inspectorate report. The investments brought it a loss of nearly 2.2 trillion.

- The state-owned Vietnam Asset Management Company last week signed contracts to buy bad debts worth over VND800 billion ($37.9 million) from the Petrolimex Group Joint Stock Bank, Saigon Commercial Bank, and Saigon Hanoi Commercial Joint Stock Bank following one, its first, with the Vietnam Bank for Agriculture & Rural Development (Agribank) earlier in the week.



- Nearly 93 percent of street children aged 8-17 in Ho Chi Minh City are victims of sex abuse, and more than 98 percent use one or more of alcohol, cigarettes, heroin, and other drugs, the Research Center for Management and Sustainable Development said at a conference on protection of children in Hanoi Monday.

- All entertainment and art events have been canceled this weekend during the two-day funeral of General Vo Nguyen Giap (from October 11-13), who passed away last Friday at the age of 102.


- Vietnam scored a 5-1 win over Australia in a qualifying match for the 2014 Asian Football Confederation U-19 Championship in Malaysia Monday, becoming the first team to book a ticket to the finals in Myanmar next year (with nine points from three games in Group F).



- The funeral committee for General Vo Nguyen Giap has asked Vietnam Airlines to transport his body to his hometown Quang Binh Province for burial Sunday, the carrier said Tuesday.

- Leaders of 12 member countries of the three-year-old Trans-Pacific Partnership said at a meeting Tuesday they expected the pact to be completed by year end. The free-trade bloc with 800 million people will account for about 40 percent of global GDP and a third of global trade.

- PetroVietnam Oil Corporation or PV Oil, a subsidiary of state-owned Vietnam Oil & Gas Group (PetroVietnam), lost VND120 billion ($5.7 million) in the first nine months, PetroVietnam announced at a press conference Tuesday.


- Prof. Dr. Nguyen Thien Thanh, the pioneer of gerontology, or the study of aging, in Vietnam and a military doctor during Vietnam's revolutionary wars against the French and Americans, died Tuesday at the age of 94.


- The Supreme People's Court Tuesday upheld death sentences for three men who led a gang that shot gold traders in many places in southern Vietnam and robbed them of gold and money.



- A 10-day Vietnamese Communist Party conference wrapped up Wednesday as General Secretary Nguyen Phu Trong gave his closing thoughts on the strengths and weaknesses of the current situation. He called for more efforts towards socioeconomic development, corruption control, education innovation, the enhancement of security and defense, and the protection of natural resource and the environment for the next two years.

- On the first day of the two-day 23rd ASEAN Summit in Brunei Wednesday, leaders of member countries called for efforts to cooperatively develop of the ASEAN community's political, security, social, cultural and economic relationships. They also discussed speeding up the drafting of a Code of Conduct of Parties in the East Sea with China.

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