PRESS DIGEST - Vietnam newspapers - July 13
HANOI, July 13 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories.
FINANCIAL NEWS:
LAO DONG
-- Foreign investors have been net buyers on Vietnam's stock exchanges in the past two weeks, while they have been net sellers on the bonds market, market data show.
DAU TU CHUNG KHOAN
-- Bad debts in Vietnam's banking sector rose to 56.5 trillion dong ($3.2 billion) at the end of May or 3.85 percent of outstanding loans, 30 percent higher than at the end of 2008, Saigon Securities said in a banking outlook report.
ECONOMIC AND GENERAL NEWS:
VIETNAM NEWS
-- Construction of the $68.5 million Cau Cui port in the southern city of Can Tho started last Saturday. Once completed in 2012 it will be the largest port in the region, officials said.
-- Vietnam has approved two agreements allowing Israeli and Swiss diplomats to enter the country without a visa.
VIETNAM INVESTMENT REVIEW
-- The municipal authority of Hanoi has approved a $7 billion project to build a new residential area along the Red River banks, aiming to secure the city against floods and develop a modern urban zone, officials said.
NHAN DAN
-- Flash floods and landslides could strike northern provinces in coming days after a storm made landfall on Sunday evening, affecting the northern province of Quang Ninh and the port city of Haiphong, forecasters said.
TUOI TRE
-- Vietnam's first wind power plant in the central province of Binh Thuan is expected to start operation in August. The $55 million plant will have a capacity of 30 megawatt.
THOI BAO KINH TE VIETNAM
-- The Finance Ministry said it would closely monitor world crude prices this week in order to adjust domestic retail prices.
HANOI MOI
-- The Health Ministry has sent a working group to investigate reports that residents in the central province of Quang Binh have found a cure for cancer by eating toads alive. (Reporting by Hanoi Newsroom)
FINANCIAL NEWS:
LAO DONG
-- Foreign investors have been net buyers on Vietnam's stock exchanges in the past two weeks, while they have been net sellers on the bonds market, market data show.
DAU TU CHUNG KHOAN
-- Bad debts in Vietnam's banking sector rose to 56.5 trillion dong ($3.2 billion) at the end of May or 3.85 percent of outstanding loans, 30 percent higher than at the end of 2008, Saigon Securities said in a banking outlook report.
ECONOMIC AND GENERAL NEWS:
VIETNAM NEWS
-- Construction of the $68.5 million Cau Cui port in the southern city of Can Tho started last Saturday. Once completed in 2012 it will be the largest port in the region, officials said.
-- Vietnam has approved two agreements allowing Israeli and Swiss diplomats to enter the country without a visa.
VIETNAM INVESTMENT REVIEW
-- The municipal authority of Hanoi has approved a $7 billion project to build a new residential area along the Red River banks, aiming to secure the city against floods and develop a modern urban zone, officials said.
NHAN DAN
-- Flash floods and landslides could strike northern provinces in coming days after a storm made landfall on Sunday evening, affecting the northern province of Quang Ninh and the port city of Haiphong, forecasters said.
TUOI TRE
-- Vietnam's first wind power plant in the central province of Binh Thuan is expected to start operation in August. The $55 million plant will have a capacity of 30 megawatt.
THOI BAO KINH TE VIETNAM
-- The Finance Ministry said it would closely monitor world crude prices this week in order to adjust domestic retail prices.
HANOI MOI
-- The Health Ministry has sent a working group to investigate reports that residents in the central province of Quang Binh have found a cure for cancer by eating toads alive. (Reporting by Hanoi Newsroom)
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