PRESS DIGEST - Vietnam newspapers - May 28

HANOI, May 28 (Reuters) - These are some of the leading stories in the official Vietnamese press on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

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FINANCIAL NEWS:

TUOI TRE

-- Several banks have been raising interest rates on dong deposits to above 15 percent per year to attract more funds.

-- Shares in the banking sector slightly recovered on the unofficial markets this week and there has no longer been panic selling, even some shares are in high demand, Sacombank Securities said.

-- The State Securities Commission has asked brokerages to temporarily stop signing new repo contracts as the stock market has been in the declining trend and regulations related to the transactions on repo contracts are still being drafted.

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