VIETNAM PRESS-Japan's Bridgestone doubles Vietnam plant investment - Tuoi Tre

Sun Nov 17, 2013 8:43pm EST

Japan's Bridgestone Corp's Vietnam unit has secured a licence to double its total investment in a car tyre factory in the northern port city of Haiphong to $1.22 billion from $574.8 million, the Tuoi Tre (Youth) newspaper said.

Bridgestone's project is the second-largest foreign invested project in the city after a $1.5 billion project invested by a South Korean firm, the report said.


NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Hanoi Newsroom; Editing by Anand Basu)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.