* Vietnam National Coal-Mineral Industries Group, known as Vinacomin, hired Australia & New Zealand Banking Group Ltd., Credit Agricole CIB and Citigroup Inc. to help advise it on a possible dollar bond sale, according to two people familiar with the matter. Vinacomin has been seeking approval from the government to sell US$500 million of bonds overseas this year.
* Overseas remittances to Ho Chi Minh City from January to September reached $3.04 billion, up 17.94 percent from the same period last year and nearing $3.15 billion for the whole of 2009, Nguyen Hoang Minh, deputy director of the central bank branch in the city, was quoted by Dau Tu (Investment) newspaper as saying. The value for the whole of 2010 is forecast to rise 20 percent, he said.
* Power prices in Vietnam will be adjusted four times a year in accordance with changes in input prices and the exchange rate starting from March 1 next year, the Vietnam Economic Times reported, citing an Industry and Trade Ministry document on implementing a market-oriented mechanism for power prices.
* Vietnam increased its rice export forecast for this year to 6.1 million tons, higher than a previous estimate of 5.9 million tons, according to the Ministry of Agriculture and Rural Development. Shipments from the world's second-biggest producer may be more than 1 million tons in the fourth quarter, according to the document, which was posted on the ministry's website.
* Vietnam National Petroleum Corp., known as Petrolimex, will buy 140,000 cubic meters of gasoline and diesel from Dung Quat Oil Refinery this month, said Nguyen Hoai Giang, general director of Binh Son Refinery & PetroChemical Co., which runs the refinery. Previously a Dung Quat official said domestic petrol distributors may not be able to use up the refinery's inventory by the end of this year and it may face an inventory of more than 720,000 tons of products.