(Reuters) - These are some of the leading
stories in the official Vietnamese press on Tuesday. Reuters has
not verified these stories and does not vouch for their
accuracy.
FINANCIAL NEWS:
THOI BAO KINH TE VIETNAM
- Many banks will fail to reach their target of raising
their registered capital this year due to the unfavourable stock
market and difficulties in seeking strategic partners, bankers
said.
- Vietnam will raise the average housing area per capita to
25 square metres by 2020, according to a construction ministry
plan.
-
State-owned enterprises based in Ho Chi Minh City reported a combined
revenue of 81.98 trillion dong ($3.93 billion) in the first eight
months of this year, down 23.94 percent from a year earlier, Le Ngoc
Thuy Trang, head of the city's corporate finance department, said.
ECONOMIC AND GENERAL NEWS:
VIETNAM NEWS (vietnamnews.vnagency.com.vn)
- Prime Minister Nguyen Tan Dung will visit China during Sept. 20-21 to attend an ASEAN-China exhibition and the ASEAN-China business and investment summit in Nanning.
- Commodity prices are expected to rise 5-15 percent in
October following higher costs of petrol, gas and other items,
supermarket operators in Ho Chi Minh City said.
QUAN DOI NHAN DAN
- Two people were swept away by flash floods late last week
in the coffee-growing province of Dak Nong, rescue forces in the
province said.
TUOI TRE
- Researchers at Japan
International Cooperation Agency have proposed that Vietnam builds two
high-speed railway segments -- the 300-km Hanoi-Vinh and 370-km Ho Chi
Minh City-Nha Trang -- at a combined cost of $21.4 billion.
- The finance ministry has been seeking a mechanism to
attract domestic and foreign investors to buy state-owned
companies' bad debt through its Debt and Asset Trading Corp,
said Dang Tien Quyet, deputy head of the ministry's corporate
finance department.
(Reporting by Hanoi Newsroom; Editing by Jijo Jacob)
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