Friday, June 19, 2009

Vietnam newspapers - June 18 | Reuters

HANOI, June 18 (Reuters) - These are some of the leading stories in the official Vietnamese press on Thursday. Reuters has not verified these stories.

FINANCIAL NEWS:

THANH NIEN

-- Ho Chi Minh City-based Southern Bank said it has projected that it will boost assets by 63.7 percent this year to 34 trillion dong ($1.9 billion) while gross profit would soar 156.5 percent to 350 billion dong.

THOI BAO KINH TE VIETNAM

-- Military Bank said its two-year bonds to raise 1 trillion dong ($56 million) issued on June 17 carry an annual yield of 10 percent.

ECONOMIC AND GENERAL NEWS:

VIETNAM NEWS

-- Prime Minister Nguyen Tan Dung approved the issue of 22 trillion dong worth of government bonds for the construction of new urban areas and to speed up Ho Chi Minh City's urban development programme.

-- Three sailors are missing after a ship carrying 1,783 litres of crude oil and 10,000 litres of diesel exploded and sank off the southern city of Vung Tau.

LAO DONG

-- Consumers are exposed to many diseases if they use low-quality paper tissues made by small manufacturers around Hanoi, health experts said.

TUOI TRE

-- A 62-year-old woman returning to Ho Chi Minh City from Canada on June 12 was detected as having the H1N1 flu virus, bringing the total infected cases in Vietnam to 28, the city's Health Department said.

-- Paper product consumption has so far fallen about 25 percent from the same period last year, forcing many producers to run at only 70 percent of their full capacity, the Vietnam Paper Association said. (Reporting by Hanoi Newsroom)
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