Reports

Japan electronic giants eye chip merger: reports

Three of Japan's biggest electronics companies are to join forces in a chip-making venture, according to reports, days after a swathe of dire results from a sector struggling to compete globally

Mitsubishi to end European production: reports

Japan's Mitsubishi Motors is to stop manufacturing automobiles in Europe by around 2013 as it shifts its focus to emerging markets

Breakfast @ Tuoitrenews – Nov. 2

Tuoitrenews briefs some of salient news published today, Nov. 2, on Vietnamese media:

Coffee deal to promote exports

The Viet Nam Technical and Commercial Joint Stock Bank (Techcombank) will lend a total amount of VND2 trillion (US$96 million) to coffee enterprises during the 2011-12 crop.

13th National Assembly convenes second session

The second session of the 13 th National Assembly (NA) opened in Hanoi on Oct. 20.

Plane crashes in PNG with 32 on board

A passenger plane carrying 32 people crashed near the Papua New Guinea coast, officials said Thursday, with witness reports saying only four people on board had survived

Ministry readies tighter disclosure rules

A draft circular expected to be formally issued by the Ministry of Finance later this year would strengthen disclosure requirements applied to larger public companies, based upon charter capital and number of shareholders.

Outlook reports on ethnic minorities

The nation's policies and programmes for ethnic minorities have been expanded during recent years to bolster services in remote ethnic communities and work on improving the lives of all ethnic minorities across the country.

Pork import reports wrong, says ministry

Media reports that licences had been issued to import pork to Viet Nam have been refuted by the Deputy Minister of Industry and Commerce Nguyen Thanh Bien.

Financial, tax reports important for obtaining loans

Small and medium businesses should pay more attention to financial and tax reports when applying for loans, HCM City Credit Guarantee Fund deputy head Tran Buu Long said on Saturday.

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From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the