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HANOI, Nov 1 (Reuters) – These are some of the leading

stories in the official Vietnamese press on Thursday. Reuters

has not verified these stories and does not vouch for their

accuracy.

FINANCIAL NEWS:

THOI BAO KINH TE VIETNAM

– Banks have bought 60 tonnes of gold from the public since

May 2012 for around $3 billion, along with dollar purchases

worth $10 billion since the start of this year, central bank

governor Nguyen Van Binh said. He estimated 300-400 tonnes of

gold was being kept by residents in the country.

– Banks operating in Vietnam will have to solve their bad

debts on their own from now until the end of the year, failing

which they will not be allowed to pay dividends, central bank

governor Nguyen Van Binh said.

ECONOMIC AND GENERAL NEWS:

THANH NIEN

– Four sailors, including the captain of Saigon Shipping

Co’s ship Saigon Queen, were missing when their ship

sank in Sri Lankan waters on Oct. 30, the Vietnam maritime

search and rescue co-ordination centre said.

– The government plans to raise the basic salary, which is

used to calculate state employees and retirees’ actual income,

by 100,000 dong ($4.8) in six months from July 2013, which will

add 20.7 trillion dong to the budget spending next year, said

Finance Minister Vuong Dinh Hue.

– A 51-year-old Chinese man was sentenced to death after a

Tay Ninh provincial court found him guilty of drug trafficking

from Cambodia to China via a border gate in southern Vietnam,

according to the court verdict.

– The Asian Development Bank will prioritise its assistance

for Vietnam in areas including agriculture and resources,

education, energy, finance, transport, clean water and urban

development while it would phase out its involvement in industry

and trade, the bank said in its strategy for Vietnam by 2015.

THOI BAO KINH TE VIET NAM

– Vietnam has licensed 70 overseas investment projects with

a combined registered capital of $1.37 billion in the first ten

months of this year, the Planning and Investment Ministry’s

Foreign Investment Agency said.