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PRESS DIGEST - Vietnam newspapers - July 30

30 Jul 2007 02:22:27 GMT
Source: Reuters

HANOI, July 30 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

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VIETNAM NEWS

-- Even though they have advantages over stocks and bank loans, corporate bonds remain unpopular for raising funds in Vietnam, financial experts said, citing rules such as finding a guarantor.

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VIETNAM INVESTMENT REVIEW

-- Vietnam's attempt to achieve 9 percent GDP growth in the second half will be affected by a mounting trade deficit and inflation, economists said.

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NHAN DAN

-- Anti-drug police detained five Vietnamese people accused of trafficking 5.5 packs of heroin weighing more than 1.8 kg (4 lb) in the northwestern province of Dien Bien.

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SAIGON GIAI PHONG

-- The Ho Chi Minh Stock Exchange <.VNI> is due to start continuous order matching on Monday which is expected to be more productive than matching orders at the end of three sessions per day.

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LAO DONG

-- Since January, residents are depositing more Vietnamese dong than foreign currencies in banks due to higher dong interest rates. This has prompted commercial banks to raise rates on dollar deposits.

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TUOI TRE

-- About 8 million people in Vietnam suffer from food poisoning each year, but only 8,000 cases are documented, according to the World Health Organisation.

-- The 'blue ear disease' has spread to pigs in the central province of Thua Thien-Hue, bringing the number of affected provinces to four.

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DAU TU

-- Ho Chi Minh City People's Committee has signed a contract with South Korea's GS Engineering and Construction for a $340 million project to build a 14-km road linking Tan Son Nhat airport and the outer area of Binh Loi.

-- State utility Vietnam Electricity (EVN) group has bought a 30 percent stake in partly private An Binh Bank. The bank has been accelerating several projects with EVN's subsidiaries.

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Last updated:Mon Jul 30 02:23:19 2007