PRESS DIGEST - Vietnam newspapers - April 15
HANOI, April 15 (Reuters) - These are some of the leading stories in the official Vietnamese press on Wednesday. Reuters has not verified these stories.
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FINANCIAL NEWS:
TUOI TRE
-- Partly private lender Southern Bank said it has raised rates on all dong deposits by between 0.1 and 1 percentage point, now paying 8 percent for one-year deposits.
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LAO DONG
-- Partly private Military Bank said its loans in the first quarter rose 6 percent from the end of 2008 to 16.5 trillion dong ($929.6 million) while deposits jumped 12 percent to nearly 35 trillion dong.
-- The total buy orders on the Ho Chi Minh Stock Exchange .VNI reached 126.66 million shares on Tuesday, up 15 percent from the previous session, the record volume since the exchange came into operation, statistics showed.
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DAU TU
-- Overseas remittances may rise late this year when the global financial crisis subdues, bankers said. Vietnam received $8 billion in remittances in 2008, up 19.4 percent from 2007.
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DAU TU CHUNG KHOAN
-- Listed firms, which had losses last year, are not allowed to use share premium to either buy back shares or make up for their losses, said Nguyen The Tho, head of the State Securities Commission's Issuance Department.
-- PV Drilling PVD.HM expected net profit this year to fall 24 percent to 700 billion dong ($39.4 million).
ECONOMIC AND GENERAL NEWS:
VIETNAM NEWS
-- Disbursement of Vietnam's first stimulus package of 17 trillion dong ($958 million) began in February and is projected to inject 420 trillion dong into the economy this year. About 218 trillion dong was pumped into the economy as of April 10, the central bank said.
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NHAN DAN
-- The Vietnamese authorities have so far seized counterfeit money with the face value of 1 billion dong in the northern province of Lang Son bordering China.
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HANOI MOI
-- There is a high risk of bird flu outbreaks now in the central region and in Mekong Delta provinces, the Agriculture Ministry said.
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LAO DONG
-- The Finance Ministry said it has published the formula on calculating the import tariffs on oil products to help consumers and market regulators supervise price changes by fuel retailers.
-- The Finance Ministry said on Tuesday it has imposed the import tax on steel for construction at 10 percent.
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TUOI TRE
-- A total of 29,000 people from various agencies in Ho Chi Minh City would be deployed in the case of a storm strike, the city's flood and storm prevention committee said.
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DAU TU
-- Posco Vietnam Co said it was expected to produce the first batch of 40,000 tonnes of steel in August 2009 from its $1.12 billion steel complex, Vietnam's largest plant.
- - - - (Reporting by Hanoi Newsroom)
