Asia Top News and Analysis Vietnam

  • NEW YORK-- The Coca-Cola Co. and its bottlers say they're more than doubling their investment Vietnam over the next few years, as the world's biggest beverage maker intensifies its push to capitalize on emerging markets.

  • *Large number of Brazil mills still open for crushing. NEW YORK/ LONDON, Oct 25- ICE raw sugar futures inched lower on Thursday, hovering above a three-week low on pressure from fast progress in Brazil's harvest and surplus supplies, while cocoa was mixed as dealers focused on the narrow ICE March/December spread.

  • Oct 26- Japanese retailer Aeon Co is set to acquire France- based Carrefour SA's Malaysian business for slightly more than 20 billion yen as part of its push into Southeast Asia, the Nikkei said. Carrefour made the announcement two years after it unsuccessfully tried to sell its operations in Singapore and Malaysia.

  • *Large number of Brazil mills still open for crushing. LONDON, Oct 25- ICE raw sugar futures edged above a three-week low on Thursday, although the upside was capped by fast progress in Brazil's harvest and surplus supplies, while coffee and cocoa also moved higher.

  • *Large number of Brazil mills still open for crushing. LONDON, Oct 25- ICE raw sugar futures bounced off a three-week low on Thursday, although the upside was capped by fast progress in Brazil's harvest and surplus supplies, while coffee and cocoa also edged higher.

  • *$139 billion in dry powder in Asia, $130 bln new funds being raised-Preqin. Kravis, who co-founded KKR& Co LP in 1976 with his cousin George Roberts and colleague Jerry Kohlberg, was in Singapore to open the firm's new office there- its seventh in Asia since entering the region in 2005..

  • LAS VEGAS-- Shares of Pinnacle Entertainment hit annual highs Wednesday after the casino operator halved its losses for the third quarter and beat Wall Street expectations. Pinnacle Entertainment Inc. owns and runs a total of seven casinos, in Louisiana, Missouri, and Indiana, as well as a racetrack in Ohio.

  • *Group beer volumes fall in western Europe, rise elsewhere. *Shares down 2.6 pct, among weakest in Europe. BRUSSELS, Oct 24- Heineken NV, the world's third-largest brewer, reported stronger than expected third-quarter group revenue on Wednesday, boosted by U.S. and emerging market strength and price hikes, but investors focused on weakness in Europe.

  • PURCHASE, N.Y.-- PepsiCo Inc. will sell Japan's Suntory Holdings Ltd. a 51 percent stake in its Vietnam beverage business, with the two companies combining resources to expand in the growing market. Both Suntory and PepsiCo executives will help manage the business, which will serve as the bottler for both companies in Vietnam.

  • MANILA, Philippines-- A senior official said Friday China wants to improve relations with the Philippines following a strain in relations over a territorial dispute in the South China Sea.

  • Frontier Markets: The New Safe Haven?

    Douglas Clayton, Managing Partner, Leopard Capital, explains why frontier markets could be the best place to hide as global economic volatility continues.

  • BEIJING-- In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs.

  • --U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.

  • SINGAPORE, Oct 12- The Asian naphtha price and margins ended the week at a three-session low of $985 a tonne and $123.03 a tonne respectively to mirror the fall in European values as gasoline demand softened. "The fall in margins today was a reflection of the gasoline market in Europe," said a Singapore- based trader.

  • India's Essar Oil has offered its first November loading cargo which will make it the company's fifth diesel export in two years.

  • BANGKOK, Oct 12- Most Southeast Asian stocks posted small gains on Friday as large caps and stocks such as Wilmar International. The index was down 2.13 percent on the week, its worst weekly loss since May and Southeast Asia's worst performing market. Among weak spots, Malaysia eased 0.13 percent on Friday, down 0.4 percent on the week.

  • Oct 12- The following table updates the assets and registered capital of banks in Vietnam, based on their latest published reports. Technological& Commercial Bank 12-11 180,531.2* 8,848. Petrolimex Group Bank 06-12 19,581.0 3,000.

  • --Vietnam's state budget collection in the first nine months of 2012 edged up 1.3 percent from a year ago to 498.49 trillion dong, while expenditure rose 14.5 percent in the period to 643.21 trillion dong, the finance ministry said. THOI BAO KINH TE VIETNAM.

  • -DBS Group, Southeast Asia's largest lender, has agreed to sell more than half of its stake in Bank of Philippine Islands. to Ayala Corp for S $757.3 million to boost its capital base.-- SEMBCORP INDUSTRIES LTD. -Budget carrier Tiger Airways said it appointed Ho Yuen Sang as the managing director of its Singapore operations.

  • Oct 11- Cotton prices extended losses in early trade on Thursday after the U.S. government raised its inventory forecast for the season to end-July 2013 to a new record of close to 80 million 480- lb bales, reinforcing concerns about falling demand from China, the world's largest textile market.