PRESS DIGEST - Vietnam newspapers - May 9
HANOI, May 9 (Reuters) - These are some of the leading stories in the official Vietnamese press on Friday. Reuters has not verified these stories and does not vouch for their accuracy.
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FINANCIAL NEWS:
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THANH NIEN
-- ACB Bank ACB.HN Chairman Nguyen Duc Kien said the bank had invested about 8.47 trillion dong ($530 million) in corporate bonds and about 1.17 trillion dong ($74 million) in shares of other companies.
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THOI BAO KINH TE VIETNAM
-- Sanyo Electric (6764.T: Quote, Profile, Research, Stock Buzz) announced a investment of $40 million in a high-tech production plant at Quang Chau Industrial Zone in the northern province of Bac Giang. It is expected to earn $300 million in export revenues by 2011. Continued...
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