PRESS DIGEST - Vietnam newspapers - Aug 4

HANOI, Aug 4 (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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FINANCIAL NEWS:

THOI BAO KINH TE VIETNAM

-- Petrovietnam has established a $2.7 million bio-fuel manufacturing company.

-- Telecommunication cables and equipment producer and distributer Sacom SAM.HM said it posted losses of 113.5 billion dong ($6.8 million) in the first half of this year.

-- A strategic investor has cancelled investment commitments to Bach Tuyet Cotton Corporation BBT.HM as the state shareholder Gia Dinh Garment is still opposed to Bach Tuyet's share issue, a Bach Tuyet representative said.

ECONOMIC AND GENERAL NEWS:

VIETNAM NEWS