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Vietnam President pays homage to Venezuelan founding father

Politics
Vietnamese President Nguyen Mihn Triet laid on Wednesday a wreath on the sarcophagus containing the remains of Liberator Simón Bolívar.

The event took place early in the morning during a ceremony attended, among others, by Venezuelan Vice-President Ramón Carrizalez and Minister of Foreign Affairs Nicolás Maduro, state-run news agency ABN reported.

Nguyen Mihn Triet is paying a two-day official visit to Venezuela intended to trigger bilateral trade relations and including a meeting with his Venezuelan counterpart Hugo Chávez. Back in 2006, both of them entered into cooperation agreements on culture and power during Chávez's visit to Vietnam.

A proposal has been made for the creation by both countries of a development fund similar to the financial facility established with China.


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Worsening chronic poverty in Venezuelan households

11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77

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