HANOI, March 24 (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.
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NHAN DAN
-- A 70 percent increase in car import tariffs is aimed at
reducing the number of vehicles to ease congestion in major
cities, Deputy Finance Minister Truong Chi Trung said.
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SAIGON GIAI PHONG
-- Condominium prices have eased in Hanoi after commercial
banks raised interest rates on mortgages and tightened new
lending in the past month.
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LAO DONG
-- Prime Minister Nguyen Tan Dung has asked oil product
importers to keep retail prices stable until June.
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TUOI TRE
-- Banks in northern Vietnam have agreed to cap their
interest rate at 11 percent per year from April 2. The move
followed a meeting last week with the Vietnam Banking
Association, which plans to meet with banks in Ho Chi Minh City
to seek a similar cap on rates.
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THANH NIEN
-- Banks offering high interest rates for short-term deposits
have led many stock investors to move their funds.
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THOI BAO KINH TE VIETNAM
-- Domestic bonds in foreign currencies should be issued now
to attract the dollar funds and slow the appreciation of the
dong, said Nguyen Dai Lai, deputy head of the State Bank of
Vietnam's Foreign Exchange Department.
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DAU TU
-- Vietnam would build its first nuclear power plant in 2010
in the central province of Ninh Thuan for operation from 2020,
state utility Electricity of Vietnam said.
-- The $150-million Dinh Vu oil refinery would triple its
capacity to 3 million tonnes per year, said Vu Duong Hien,
chairman of the refinery's investor Hapaco <HAP.HM>.
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((Hanoi Newsroom tel +84-4 825 9623, fax +84-4 826 8606
[email protected]))
Keywords: VIETNAM PRESS