Friday, February 22, 2008

Siemens to Sell Equipment to Vietnam Steel Plant, Thoi Bao Says

By Nguyen Dieu Tu Uyen

Feb. 21 (Bloomberg) -- Siemens AG will sell equipment to a new Viet Steel plant in southern Vietnam, Thoi Bao Kinh Te Viet Nam reported, citing Siemens' local unit.

The German company will provide electronic and other equipment to the steel plant, which is scheduled to be operational by the middle of 2009, according to the report that didn't give a value for the contract.

To contact the reporter on this story: Nguyen Dieu Tu Uyen in Hanoi at uyen1@bloomberg.net .