PRESS DIGEST - Vietnam newspapers - June 23
HANOI, June 23 (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.
- - - -
FINANCIAL NEWS:
THOI BAO KINH TE VIETNAM
-- Vietnam's inflation control measures have shown preliminary results with the consumer price index rise in June slowing to 2.2 percent against May, according to the Planning and Investment Ministry.
- - -
THANH NIEN
-- Property prices in new urban area projects in Ho Chi Minh City have dropped up to 60 percent compared to the end of 2007 due to weak demand, dealers said.
- - - -
TUOI TRE
-- Vinacomin has signed a framework agreement to import coal from Indonesia with Indonesia firm PT Berau and Maintime of Hong Kong to supply the fuel to the coal-fired Vinh Tan 1 power plant.
- - - -
ECONOMIC AND GENERAL NEWS:
NHAN DAN
-- The government said it loaned about 5.24 trillion dong ($327 million) to 748,000 poor students nationwide.
- - - -
LAO DONG
-- State ship builder Vinashin has completed the construction of a 150,000-tonnes FPSO which will be used to store crude oil for the Rong oilfield.
- - - -
TUOI TRE
-- State builder Vinashin has decided not to invest $1 billion in a venture with South Korean group POSCO (005490.KS), the world's third-largest steelmaker, to build a steel mill in the central province of Khanh Hoa, Chairman Pham Thanh Binh said.
- - - -
THANH NIEN
-- Vietnam is forecast to export $3 billion worth of furniture this year, from $2.4 billion last year. It is paying about $1 billion a year to import raw material for export, industry officials said.
- - - -
THOI BAO KINH TE VIETNAM
-- Ship builder Vinashin reported revenues as of June 21 reached more than 8.7 trillion dong ($529 million), a surge of 82.5 percent from the same period last year.
- - - -
DAU TU
-- Vietnam has exported an estimated 42,000 tonnes of pepper in the first half of this year with revenues rising 16 percent from a year earlier period to $150 million, the Agriculture Ministry said.
- - - -
