PRESS DIGEST - Vietnam newspapers - April 21
HANOI, April 21 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories and does not vouch for their accuracy.
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FINANCIAL NEWS:
TUOI TRE
-- The Ho Chi Minh City government will spend 1 trillion dong ($62.5 million) to help farmers and businesses accelerate production in order to reduce selling prices of essential goods by 5 percent to 10 percent.
-- Rice prices are rebouncing in the Mekong Delta after farmers finished harvesting the winter-spring crop with yield in several provinces reaching seven to eight tonnes per hectare.
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THOI BAO KINH TE VIETNAM
-- The Hanoi People's Council approved plans to convert nearly 3,330 hectares (8,230 acres) of agricultural land into non-agricultural land in the next two years.
-- The southern region has seen a sudden surge in cement prices due to a supply shortage.
-- Bao Viet Securities BVS.HN has established a $37.6-million venture with two Vietnamese companies to operate a hydro power plant with annual capacity of 90 megawatts.
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DAU TU
-- Vietnam is scheduled to auction five-year government bonds to raise 1 trillion dong on April 29, the Hanoi stock exchange .HATSCI said.
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ECONOMIC AND GENERAL NEWS:
NHAN DAN
-- The government ordered a crackdown on illegal coal shipments to China.
-- Weather forecasters warned of torrential rains and landslides after an expected cold spell in northern Vietnam this week.
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HANOI MOI
-- Prime Minister Nguyen Tan Dung ordered government offices to suspend purchases of cars or office renovation as part of measures to reduce spending.
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THANH NIEN
-- The government should monitor business monopolies comprehensively to ensure transparency and equality for all service users, said Luong Hoai Nam, Chief Executive of Pacific Airlines, Vietnam's second-largest airline.
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DAU TU
-- The government will suspend its investment in projects such as building state offices, projects with low effectiveness and also those which have not finalised investment procedures, Finance Minister Nguyen Van Ninh said.
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