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Top news items in major Ethiopian media outlets

Xinhua, May 5, 2016 Adjust font size:

The following are news highlights in Ethiopia's major media outlets on Thursday.

-- Foreign investment in Ethiopia's beverage industry is showing massive increase as multinational companies are heavily attracted to the industry, according to Ethiopian Food Beverage and Pharmaceuticals Industry Development Institute. (Ethiopian News Agency/ENA)

-- Viettel, Vietnam's largest mobile network operator, will establish a representative office in Ethiopia with the aim of researching the market and promoting investment in the country, Viettel said.

Le Dang Dung, Viettel's deputy general director, said the establishment would allow them to carefully prepare for opportunities to receive a business licence. The group has applied the long-term market research method to ensure suitable strategies and decisions. (Fana Broadcsting Corporate/FBC)

-- The Ethiopian ministry of industry has registered lower performance in the export of manufactured goods in the past nine months.

Minister of trade, Ahmed Abtaw, said the failure is due to lack of technological capacity which shoulders the falling price of textile and leather products at the global market. (Fana Broadcasting Corporate/FBC) Endit