HANOI, Nov 23 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories.
FINANCIAL NEWS:
TUOI TRE
-- Vietnam Tin Nghia Bank will raise 2 trillion dong ($112.2 million) by issuing bills with coupons of 9.99 percent per year from Monday.
THANH NIEN
-- Vietcombank will issue 112.3 million new shares to raise its registered capital to 13.2 trillion dong from 12.1 trillion dong.
-- It is now hard to increase long-term deposits despite rising interest rates, bankers said.
ECONOMIC AND GENERAL NEWS:
VIETNAM INVESTMENT REVIEW
-- With only 5 percent of the country's population being insured, Vietnam's market has high potential for insurance companies, said Jack Howell, Chief Executive of Prudential Vietnam Assurance Co.
-- Hard Rock International will open its first store in Vietnam in the country's commercial hub Ho Chi Minh City under a franchising agreement with Viet Thai Co, owner of the Highlands Coffee chain.
THANH NIEN
-- The Ministry of Health said pregnant women and health workers would be the first to receive H1N1 flu vaccines provided by the World Health Organisation next month.
DAU TU
-- Total collateralised loans to equity investors reached 12 trillion dong this year by the end of October, nearly doubling the amount of around 6.8 trillion dong in the same period last year, said Le Xuan Nghia, Vice President of the National Financial Supervisory Commission.
(Reporting by Hanoi Newsroom)
((hanoi.newsroom@reuters.com; +844 3825 9623)) Keywords: VIETNAM PRESS
(If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
