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PRESS DIGEST - Vietnam newspapers - June 8

08 Jun 2007 02:30:17 GMT
Source: Reuters

HANOI, June 8 (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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VIETNAM NEWS

-- Eximbank said its pre-tax profit during the first five months of this year surged 92 percent from the same period last year to 260 billlion dong ($16.26 million).

-- Thong Nhat Rubber Company and Tay Ninh Rubber Company have finalised paperwork to list shares on the Ho Chi Minh Stock Exchange <.VNI>.

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NHAN DAN

-- Vietnam has produced 1.12 million tonnes of sugar as of mid-May, a rise of 49 percent from a year ago. The country is projected to turn out 1.3 million to 1.35 million tonnes under the 2006-2007 crushing season, industry officials said.

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QUAN DOI NHAN DAN

-- Petrovietnam's PV Trans has signed a contract with Petrovietnam Finance Company, Petrovietnam Insurance Co and Vietcombank to establish a company to operate three crude oil tankers worth $190 million. State-run shipbuilder Vinashin has been hired by PV Trans to build the tankers.

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SAIGON GIAI PHONG

-- Vietnam will apply Euro II emission standards on new automobiles and motorcycles from July 1, the Transport Ministry said.

-- An anti-dumping case in the European market has caused footwear exports to Europe to drop to 50-60 percent of Vietnam's total footwear exports, down from more than 70 percent the same time last year.

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LAO DONG

-- The central bank said banks have a surplus of working capital because their loans so far this year were lower than their deposits.

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TUOI TRE

-- Vietnam is expected to restore by early July undersea telecoms cables that were among those stolen by fishermen, the Vietnam Posts and Telecommunication group said.

-- Vietnamese doctors have been able to count the number of the H5N1 viruses in an infected man, helping them to increase the dosage of Tamiflu and probably saving his life, a hospital official said in Hanoi.

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Last updated:Fri Jun 8 02:32:23 2007