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PRESS DIGEST - Vietnam newspapers - Nov 6

Thu Nov 5, 2009 8:54pm EST

HANOI, Nov 6 (Reuters) - These are some of the leading stories in the official Vietnamese press on Friday. Reuters has not verified these stories.

France  |  Financials  |  Healthcare

FINANCIAL NEWS:

THOI BAO KINH TE VIET NAM

-- Money flows on Vietnam's stock markets weakened in the last few sessions and commercial banks were short of funds to lend stock investors, analysts said.

-- Saigon Securities SSI.HM will vote by early December on a capital increase through a share issue and convertible bonds.

-- Vinamilk VNM.HM said its net profit in the third quarter was 730 billion dong ($40.9 million), up 31 percent from the previous quarter and 116 percent from the same period last year.

TUOI TRE

-- Overseas remittance into Ho Chi Minh City in October continued to fall, slipping 8.07 percent from the previous month to nearly $260 million, the city's branch of the State Bank of Vietnam said.

ECONOMIC AND GENERAL NEWS:

THANH NIEN

-- State-owned shipping building group Vinashin has a total outstanding debt of 19.89 trillion dong ($1.1 billion), according to a report by the central bank on debt of state-owned enterprises.

-- The H1N1 flu virus has killed 39 people in Vietnam out of 10,665 recorded infections, the Health Ministry said.

-- French Prime Minister Francois Fillon and Finnish Prime Minister Matti Vanhanen will visit Hanoi in November, the Ministry of Foreign Affairs said.

TUOI TRE

-- Vietnam has produced successfully the first batch of an H1N1 vaccine, Cao Thi Bao Van, Deputy Director of Ho Chi Minh City's Pasteur Institute, said.

-- The government has approved a plan to establish a state-owned financial company to be run by the municipal government of Ho Chi Minh City and finance projects in the city by raising funds from domestic and foreign sources, a government directive said.

THOI BAO KINH TE VIET NAM

-- Ho Chi Minh City-based Oricombank said it will issue short-term bills of up to nine months to raise 1 trillion dong between Nov. 5 and Dec. 31. (Reporting by Hanoi Newsroom)



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