PRESS DIGEST - Vietnam newspapers - April 9
HANOI, April 9 (Reuters) - These are some of the leading stories in the official Vietnamese press on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
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FINANCIAL NEWS:
VIETNAM NEWS
-- Investment fund Oaktree Capital of the United States said it wanted to invest $5 billion in a large resort in the central city of Danang.
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HANOI MOI
-- Itaco ITA.HM hired U.S. power consultant Black & Veatch to conduct a feasibility study for a $6.7 billion coal-fired power plant in the southern province of Kien Giang. The firm also hired Chinese port consultant FHDI to do a study on a $1.1 billion terminal near the plant to handle coal delivery.
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LAO DONG
-- The Finance Ministry plans to raise tariffs on car imports to 80-85 percent from 70 percent to curb car purchases.
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TUOI TRE
-- Dong A Bank and Sacombank STB.HM lowered their lending rates in the Vietnamese dong after they cut the rates on dong deposits, chief executives of the Ho Chi Minh City-based banks said.
-- Foreign investors bought more than 5 million shares on Tuesday on the Ho Chi Minh Stock Exchange .VNI, three times more than their sales, market data show.
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THOI BAO KINH TE VIETNAM
-- An April 7 government directive allows 19 companies controlled by the State Capital Investment Corporation to undertake partial privatisation between this year and 2010.
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ECONOMIC AND GENERAL NEWS:
TUOI TRE
-- Nearly 70,000 pigs were killed by 'blue ear disease' in four provinces so far this year, nearly equal to the total number of pigs that died in all of last year from the disease, the Animal Health Department said.
-- Poor women have been selling their long hair at markets in the central province of Nghe An to cover daily expenses. The hair is used to make artificial hair or sold to China for production and use in performance art.
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THANH NIEN
-- A court in the southern province of Dong Nai is scheduled to open a trial of 46 people, including 33 officials from post offices around Vietnam, on accusations of fraud, dodging tax and intentional wrongdoing. The trial is scheduled to last a month.
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THOI BAO KINH TE VIETNAM
-- Vietnam refined 860,000 tonnes of sugar at the end of March during its 2007/2008 sugar cane crop, 1.6 percent lower than the end of last March following a fall of 300,000 tonnes, or 3.2 percent, of sugarcane, the Agriculture Ministry said.
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