PRESS DIGEST - Vietnam newspapers - May 6
HANOI, May 6 (Reuters) - These are some of the leading stories in the official Vietnamese press on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.
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FINANCIAL NEWS:
TUOI TRE
-- Samsung is set to build its first mobile phone plant in Vietnam with an estimated investment of $670 million, said Nguyen Van Dao, deputy general director of Samsung Vina.
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THOI BAO KINH TE VIETNAM
-- Vietnam Dairy Products Joint Stock Company VNM.HM announced its revenues in the first quarter this year reached 1.8 trillion dong ($113 million), up 30.65 percent from a year earlier and net profit fell 3 percent to 309.2 billion dong ($19.3 million).
-- Standard Chartered has raised its share ownership at Asia Commercial Bank ACB.HN to 15 percent and also acquired a total of 15.86 percent of the bank's convertible bonds.
-- Dai Nam Securities Company, owning 38 billion dong ($2.4 million) in the registered capital, has become an official member of the Ho Chi Minh Stock Exchange .VNI.
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VIETNAM NEWS
-- Vietnam has begun negotiations for a position in orbit for its second satellite, Vinasat 2, which is planned to launch in seven or eight years.
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QUAN DOI NHAN DAN
-- About 530,000 new jobs were created during the first four months, 2 percent more than the same period last year despite difficult economic conditions, the Ministry of Planning and Investment said.
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TUOI TRE
-- Prime Minister Nguyen Tan Dung has approved a plan to expand the capital Hanoi into several adjacent provinces. (Reporting by Hanoi Newsroom)
