Obama says he supports free-market economic system

U.S. President Barack Obama said on Thursday that he supports the free market economic system, a move to seek support for his efforts to revive the ailing economy.

A man walks past the New York State Department of Labor in Bronx of New York, March 12, 2009. With layoffs spreading, the number of initial claims for [...]

Vietnamese club says it was unfairly disqualified by AFC

Vietnam’s Binh Duong Football Club, winner of the 2008 V-League, has been disqualified from the AFC Champions League 2009 under new rules released by the Asia Football Confederation

A last minute tweaking of tournament rules leaves the only local representative to compete at the AFC Champions League 2009 out in the cold.

Vietnamese sports [...]

2009 export target unlikely to be met, says minister

A worker with Binh Minh Coffee carries a sack of robusta coffee beans bound for export at the company’s warehouse in Hanoi last month.

With the global economy mired in difficulties in 2009, Vietnam may find it hard to achieve its export growth target of 13 percent, a government minister has said.

“It [...]

HCMC leader says profit no excuse for toxic water supply

Time for a swim? The Saigon River section in Ho Chi Minh City’s District 2 is filled with trash several meters from the shoreline.

Wastewater from a Cu Chi District industrial zone has rendered most local waterways unfit for human use, commune head Huynh Van Ni told the HCMC People’s Council during its recent visit to [...]