PRESS DIGEST - Vietnam newspapers - Aug 7
HANOI, Aug 7 (Reuters) - These are some of the leading stories in the official Vietnamese press on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.
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FINANCIAL NEWS:
TUOI TRE
-- The Vietnam Bank Association held a meeting with member banks in Ho Chi Minh City to discuss plans to cut deposit rates.
-- Depositors would shift short-term deposits to longer term as several banks started cutting rates on short-term deposits.
-- The government is ready to interfere and stabilise the foreign exchange market as the foreign reserves kept by the State Bank of Vietnam are larger than the total deposits in foreign currencies in the country plus its short-term debt, said Le Xuan Nghia, head of the central bank's Banking Strategy Department.
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THOI BAO KINH TE VIETNAM
-- The Debt and Asset Trading Corporation showed interest in the case of Bach Tuyet Cotton Corporation BBT.HM but it had not received any offer from both Bach Tuyet and the company's lender.
ECONOMIC AND GENERAL NEWS:
HANOI MOI
-- An estimated 7,000 people demanded that their gender be re-classified during a Health Ministry survey.
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SAIGON GIAI PHONG
-- Ho Chi Minh City government said it aimed to eradicate poverty in the city by the end of this year.
-- Demand for cars in the second half is expected to slow after the government decided to raise registration fees to 15 percent from 5 percent previously.
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THANH NIEN
-- Ho Chi Minh City People's Committee has asked the police and district officials to investigate and look for those who have spread rumours about a petrol price hike that caused people to rush to petrol stations around the city on Tuesday.
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TUOI TRE
-- Vietnam has about 500,000 people who navigate boats and ships on domestic waterway routes without licence, the Domestic Waterways Deparment said.
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THOI BAO KINH TE VIETNAM
-- Vietnam has sent nearly 51,000 people to work overseas in the first seven months of this year, 60 percent of the annual target, the Labour Ministry's Overseas Labour Management Department said. Most of workers went to Taiwan and South Korea.
- - - - (Reporting by Hanoi Newsroom)
