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Press Highlights Apr.1

01/04/2008 -- 9:06 AM

Ha Noi (VNA) -

Current Events

· The third Greater Mekong Sub-region (GMS) Summit : Getting connected to improve the competitiveness.

Socio-economic Affairs

· Priorities given to implementation of eight groups of measures to curb inflation (Nhan dan, page 1).

· Implementing synchronous measures to prevent and step by step push back drug use (Nhan dan, page 1).

· The second Japanese cherry blossom festival will be held in Vietnam (Nhan dan, page 7).

· Japan will give Vietnam 90 billion yen soft loans to build infrastructure (Quan doi Nhan dan, page 8).

· Labour export must be “high-quality Vietnamese product” (Lao dong, page 1).

· Minister of Environment and Natural Resouces Pham Khoi Nguyen: All misused land areas will be revoked (Saigon Giai phong, page 2).

· Commercial banks will cut down interest rates in April (Saigon Giai phong, page 2).

· Prices of imported cars will increase by 5-15 percent (Saigon Giai phong, page 2).

· The Ha Tay provincial People’s Committee approves the plan to merge with Hanoi (Saigon Giai phong, page 3).

· The State Bank of Vietnam satisfies demand for foreign currency (Nhan dan, page 7).

· A website on foreign investment opened (Hanoi Moi, page 1).

· Posco signed a contract to build a container port in Vietnam (Quan doi Nhan dan, page 8).

· Eight provinces discovered acute diarrhoea patients (Lao dong, page 1).

· Viet Nam to host the International Forum on Economic Reform 2008 (Lao dong, page 3).

· Demand for office buildings is still high (Thoi bao Ngan hang [Banking Times], No. 39, page 5). Economic experts said the real estate market has experienced a slowdown and marked price decreases in some areas. However, only prices of land lots in the outskirts areas or medium-graded apartments have dropped. Luxury high-rise buildings are selling like hot cakes.

· Competition between securities companies: A new “war” begins (Thoi bao Tai chinh Viet Nam [Vietnam Financial Times], No. 39, page 9). Although the stock market is in its gloomy days, it is a market with potential for foreign investors. Many foreign brokerage companies have joined the market, creating a new competition for market share with local companies.

· Six measures to stabilise the real estate market (Thoi bao Tai chinh Viet Nam , No. 39, page 15).

· Preventing labour export frauds (Thoi bao Kinh te Viet Nam [Vietnam Economic Times], No. 78, page 3). An interview with Dao Cong Hai, Deputy Head of the Overseas Worker Management Department under the Ministry of Labour, Invalids and Social Affairs (MoLISA).

· Tra and basa catfish in the Mekong Delta “call for help”! (Thoi bao Kinh te Viet Nam , No. 78, page 5).

· Fight against smuggling, counterfeits and trade frauds becomes increasingly harder (Thoi bao Kinh te Viet Nam , No. 78, page 8).

· Full effort is being made to curb inflation (Dau tu [Investment], No. 39, page 1). The Government has implemented drastic and synchronous measures to curb inflation and stabilise the macro economy.

· Investing 325 million USD in building the Capital Square apartment area in central Da Nang city (Dau Tu, No. 39, page 2).

· Driving force for the central region (Dau Tu, No. 39, page 5). A comprehensive infrastructure is seen as a decisive factor for luring investment in the central region.

· Foreign currency begins in short supply (Dau Tu, No. 39, page 7). The exchange rate between Vietnam dong and US dollar suddenly reversed during the weekend, resulting in the short supply of the greenback.

· Finance Minister Vu Van Ninh: Difficulties only come in a short term (Thoi bao Tai chinh Viet Nam , No. 38, page 3). “Difficulties will remain in a short term, but in the long term, the stock market will stay on track with its growing trend. Investors should stay calm to make right investment decisions,” Minister Ninh told the press.

· The stock market shows signs of recovery (Thoi bao Tai chinh Viet Nam , No. 38, page 3).

· The Dung Quat Oil Refinery will turn out products in 11 months (Thoi bao Tai chinh Viet Nam , No. 38, page 13).

· Increasing auto import tariffs to reduce traffic jams: Is the measure really convincing? (Nha bao va Cong luan [Journalist and Public Opinions], No. 14, page 1.

International Events

· UN Climate Change talks kick off in Bangkok (Saigon Giai phong, p8)

· Democratic Peoples’ Repuplic of Korean jets testing South defenses (Saigon Giai phong, p8)

· ASEAN central banks mull plans for regional monetary and financial integration (Saigon Giai phong, p8)

· Olympic torch relay officially launched in China (Saigon Giai phong, p8)

· Many countries protest against Macedonia , Ukraine , Georgia for NATO membership (Saigon Giai phong, p8)

· Yahoo launches Shine website for women (Saigon Giai phong, p8)

· Green Zone in Baghdad shelled again (Nhan Dan, p8)

· Arab League discusses resolutions for Middle East tension (Nhan Dan, p8)

· NATO expansion threatens Russia ’s security (Quan doi Nhan dan, p8)

· Germany 's BaFin sees global financial crisis losses up to 600 bln usd (Quan doi Nhan dan, p8)

· CIA chief says Al Qaeda training ‘western’ terrorists (Ha Noi Moi, p8)

· Thailand's ousted prime minister Thaksin returns to Bangkok (Lao Dong, p6).- Enditem
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