Saturday, November 03, 2007

Vietnam press overview - October 31

HANOI, Oct 31 (Reuters) - These are some of the leading stories in the official Vietnamese press on Wednesday.

VIETNAM NEWS

-- Demand for coal from power plants was expected to jump to 49 million tonnes by 2015 from 5.2 million tonnes next year, Vietnam Electricity said.

-- Trade between Vietnam and Japan will reach $12 billion this year, up 21 percent from 2006, with about $7 billion in exports to Japan from Vietnam.

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SAIGON GIAI PHONG

-- The government has ordered the removal of all remaining regulatory obstacles to create the best conditions for the private sector to do business.

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LAO DONG

-- The Ministry of Construction ordered the Ho Chi Minh City government to investigate pre-construction sales of several major condominium projects, including the Vista complex by Singapore's CapitalLand, after state media accused investors of taking deposits illegally before laying the foundations.

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TUOI TRE

-- Bird flu returned to unvaccinated poultry in the northern province of Nam Dinh, the third province to report H5N1 outbreaks this month, the Animal Health Department said.

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THANH NIEN

-- A tornado knocked down a classroom, injuring 20 schoolchildren and a teacher in the central province of Thua Thien-Hue.

-- The government has given approval to state-run Vietindebank to take a 25 percent stake in a venture to build a highway linking Ho Chi Minh City and the Mekong Delta city of Can Tho.

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THOI BAO KINH TE VIETNAM

-- The central bank said it would sell more notes with maturities of between 28 days and 364 days in open market transactions to control a dong surplus and curb inflation.

-- Companies with foreign direct investment have protested against a policy of the Labour and Planning and Investment Ministries to collect fees for trade union activities in their institutions. They said the fees that go into effect in early 2008 are not in line with international practice.