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PRESS DIGEST - Vietnam newspapers - May 13
13 May 2008 02:38:14 GMT
 Source: Reuters
HANOI, May 13 (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

-- PepsiCo Vietnam has started operating a $30-million snack factory in the southern province of Binh Duong, CEO Pham Phu Ngoc Trai said.

-- Vinamilk <VNM.HM> would hire England's Arsenal football team to promote 'Moment' instant coffee, marketing director Nguyen Tuan Anh said.

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ECONOMIC AND GENERAL NEWS:

VIETNAM NEWS

-- Private operators would build 39 power plants with a combined capacity of 396 megawatt this year, the Industry and Trade Ministry said. Vietnam needs an estimated $3.83 billion a year to meet a power demand that would grow 10-15 percent a year by 2010.

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HANOI MOI

-- Prime Minister Nguyen Tan Dung has agreed upon a project to hold dialogue on development policies between government officials and heads of major companies in Vietnam, with the first meeting expected in early July, the government office said.

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SAIGON GIAI PHONG

-- The government has decided now to keep the tax on land use right transfer unchanged at 4 percent for residential land and area for building projects as well as 2 percent on the land for agricultural, forestry, aquaculture and salt production.

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LAO DONG

-- Hanoi police detained two journalists from the Ho Chi Minh City-based Thanh Nien and Tuoi Tre newspapers on Monday on accusation of abusing power during their coverage of the corruption case involving Project Management Unit 18.

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THANH NIEN

-- Four provinces of Son La, Vinh Long, Tra Vinh, Long An and the southern city of Can Tho are still reporting bird flu outbreaks in ducks and chicken, the Animal Health Department said.

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TUOI TRE

-- Utility group EVN said power supply would be stable this month thanks to ample water at reservoirs in the country's northern region.

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THOI BAO KINH TE VIETNAM

-- Petrovietnam said it and Russian state oil Zarubezhneft would form a joint venture for further cooperation in oil and gas exploration and production. (Reporting by Hanoi Newsroom)


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Last updated:Tue May 13 02:36:45 2008