PRESS DIGEST - Vietnam newspapers - Oct 9

Related Topics

HANOI | Thu Oct 8, 2009 9:41pm EDT

HANOI Oct 9 (Reuters) - These are some of the leading stories in the official Vietnamese press on Friday. Reuters has not verified these stories.

FINANCIAL NEWS:

TUOI TRE

-- Malaysia's Hong Leong Bank (HLAA.SI) officially launched its business as a wholy foreign-owned bank in Ho Chi Minh City on Thursday.

THOI BAO KINH TE VIET NAM

-- The German government will provide additional aid of $4.2 million to Vietnam through the end of this year, said the German Ambassador to Vietnam.

-- Vietnam is to simplify at least 30 percent of current administrative procedures in the second stage of sweeping administrative reforms, government officials said.

ECONOMIC AND GENERAL NEWS:

SAIGON GIAI PHONG

-- Prime Minister Nguyen Tan Dung will attend a trade fair in China's Sichuan province on Oct. 15, the Foreign Ministry said.

HANOI MOI

-- Typhoon Parma is likely to affect the seas between Quang Binh province and Quang Ngai province in the country's central region, meteorologists said.

-- The construction of Vietnam's first nuclear power plant is expected to start in 2014 in the south-central province of Ninh Thuan, officials said.

LAO DONG

-- Vietcombank VCB.HM has the biggest outstanding amount of dollar loans among Vietnamese banks of around $2.5 billion.

-- Coffee association Vicofa expected local prices to ease thanks to fresh supply from the new harvest in the country's coffee belt Central Highlands region in November.

TUOI TRE

-- Border guards from Vietnam, Laos and Cambodia have found only one body of a Vietnamese worker after searching for nine days since floods swept away nine Vietnamese workers at a hydropower plant construction site in Laos, a Vietnamese official said.

THANH NIEN

-- Vietnam has counted nearly 10,000 people infected with the H1N1 flu virus, 20 of whom have died, the Health Ministry said.

THOI BAO KINH TE VIETNAM

-- The government has agreed to lend all $500 million it borrowed from the Asian Development Bank to the state-owned bank BIDV. The bank will use about $250-300 million for loans to state-owned ship builder Vinashin to help this company complete its infrastructure projects. (Reporting by Hanoi Newsroom)

Related Quotes and News

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