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PRESS DIGEST - Vietnam newspapers - Aug 13
13 Aug 2007 02:32:08 GMT
Source: Reuters
HANOI, Aug 13 (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

-- Prime Minister Nguyen Tan Dung decided on Sunday to use 85 billion dong ($5.3 million) from the state reserve budget to aid seven flood-stricken provinces.

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VIETNAM INVESTMENT REVIEW

-- The Bourbon Tay Ninh Sugar Co. plans to spend several billion dollars to diversify its investment portfolio with a focus on the property and power sectors.

-- Vietnamese coffee exporters need market analysis data and storage facilities as global prices take off, a Vietnam Coffee and Cocoa Association official said.

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NHAN DAN

-- Traffic resumed on the north-south railways on Sunday after workers had repaired track sections damaged by floods in the central province of Quang Binh.

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QUAN DOI NHAN DAN

-- Landslides are threatening more than 3,700 families in the central province of Quang Ngai, one of the areas hit by floods last week.

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HANOI MOI

-- Prime Minister Nguyen Tan Dung has agreed with a plan to lower the petrol retail prices while keeping coal prices unchanged to help slow Vietnam's inflation.

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SAIGON GIAI PHONG

-- Thousands of families are due to be relocated this year to avoid seasonal floods in the Mekong delta provinces.

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LAO DONG

-- The government has pledged to send 3,000 tonnes of rice to flood victims in central provinces.

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THANH NIEN

-- Police in Hanoi have arrested a South Korean man for defrauding 22 Vietnamese who paid him about $27,000 in return for help to get work in South Korea.

-- Only two provinces Dien Bien in the north and Dong Thap in the south are still affected by bird flu, the Animal Health Department said.

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DAU TU

-- South Korean steel maker POSCO <005490.KS> said it was seeking permission to invest $4.5 billion in a steel plant in the central province of Khanh Hoa. Posco plans to start construction next year and operation will start in 2010.

-- Trade between Vietnam and China is expected to grow 15.5 percent annually to reach $11 billion by 2015, the Ministry of Industry and Trade said.

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Last updated:Mon Aug 13 02:32:01 2007