PRESS DIGEST - Vietnam newspapers - July 27

Sun Jul 26, 2009 9:51pm EDT


HANOI, July 27 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories.

FINANCIAL NEWS:

TUOI TRE

-- Vietnamese businesses borrowed $1.5 billion in foreign loans in the first half of this year, a value on track to be within the normal range of $2 billion to $3 billion a year, a central bank official said.

THANH NIEN -- Saigon General Service Corporation's SVC.HM net profit in the first half of this year fell 4.5 percent from a year earlier to 1.1 trillion dong ($63.8 million).

ECONOMIC AND GENERAL NEWS:

NHAN DAN

-- Hundreds of Catholics gathered in Dong Hoi city in the central province of Quang Binh on Sunday to seek the release of seven people detained for causing public disorder. The crowd, which halted traffic in the city, was disbanded by the authorities.

HANOI MOI

-- Vietnam could close schools if necessary to help contain the H1N1 flu virus, Prime Minister Nguyen Tan Dung said after the disease has started spreading in the community.

SAIGON GIAI PHONG

-- The state will cover 70 percent the costs for businesses that hold fairs or run sales campaigns in rural areas and industrial zones, an Industry and Trade Ministry circular said.

LAO DONG

-- Many companies run by the agriculture and trade ministries face bad debts and some are on the verge of bankruptcy, reports from the ministries said.

TUOI TRE

-- Three passengers on a train from Ho Chi Minh City to Hanoi tested positive for the H1N1 flu virus, health officials said. They said the number of flu cases has risen to 612 people.

THANH NIEN

-- The government will use funds from the World Bank and the Asian Development Bank to invest $100 million in an international university in the central city of Danang, Deputy Prime Minister Nguyen Thien Nhan said.

DAU TU

-- The provincial government of Ninh Thuan threatened to revoke an investment licence from Malaysia's Lion Group if it continued to delay the construction of a major steel plant.

-- Contributions from domestic sources to the state budget in the first six months fell 14.2 percent from the same period last year mainly due to lower crude oil prices, the General Tax Department said.

-- Korean developer Keangnam Vina said it had suspended construction of what would be Hanoi's tallest tower, Keangnam Hanoi Landmark, after four workers were killed in accidents. (Reporting by Hanoi Newsroom)




Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.