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June 05, Foreigners Net Buyers Of VND3.7 Billion Of Shares
2008-06-05 12:55:00 Foreign investors were net buyers of VND3.7 billion ($231, 350) of Vietnamese stocks Thursday, out of a total of VND36.5 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.3 million shares, with foreigners accounting for 30.2% of the total, according to the stock market operator.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: June , Shares , Buyers , Billion , Foreigners
Lien Viet Bank opens branch in Hanoi
2008-06-05 12:37:00 Lien Viet Commercial Joint Stock Bank (LienViet Bank) on June 4 launched its first branch in Hanoi , and announced its "Breeding ground for LienVietBank talents" programme. At the inauguration, the bank signed comprehensive co-operation agreements with two new partners, the Hanoi Trade Corporation (Hapro) and Agribank... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Branch
Purchasing listed shares on OTC market
2008-06-05 12:27:00 It is quite strange that many investors do not intend to purchase listed shares on the official bourse. They are now looking to shop on the OTC market. The sellers and the buyers of listed shares are making transactions under the mode of direct negotiations and at the negotiated prices. In most cases, the sale prices... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Market , Shares , Listed
Market falls, securities firms cut down expenditures, staffs leave
2008-06-05 12:18:00 The prolonged falls of the stock market have been afflicting securities firms. Cutting jobs proves to be the only thing the firms can do now to cut expenditures. Revenue decreases, trying to cut expenditures In the golden age of the stock market, brokerage services could bring VND400mil on average every day to a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Market , Leave , Securities , Falls , Firms
Truong Thanh Furniture Corp. net profit sinks on expense hike
2008-06-04 19:02:00 Truong Thanh Furniture Joint Stock Corporation said on the exchange?s website that its first quarter after-tax profit had fallen 64.71% on the previous quarter to VND13.3 billion (US$819,000) while revenues reached VND224 billion ($13.78 million), a quarter-on-quarter increase of 16.16%. The company, which is a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Profit , Sinks , Hike
Hoa Phat Group executive buys shareholder?s stake
2008-06-04 18:43:00 Steel maker Hoa Phat Group shareholder Ta Quang Huy sold his 0.003 percent stake, some 4,000 shares, to the firm?s finance manager Ta Thi Thu Hien, the Ho Chi Minh Stock Exchange said on its website Tuesday. Before the purchase wrapped up on May 9, Hien had held a 0.017 percent stake in her company, or 22,400 shares. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Executive , Shareholder
Sacombank Securities Inc. cuts stake in light maker
2008-06-04 18:42:00 Lighting Dien Quang Joint Stock Company has informed the exchange that Sacombank Securities Inc. has sold 211,230 Dien Quang shares to reduce its holdings in the light manufacturer from 5.26% to 3.9%. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Maker , Light , Cuts
Incomfish to issue more shares
2008-06-04 18:40:00 Investment Commerce Fisheries Corporation, an aquatic product maker known as Incomfish, said it had received approval to issue 1,007,000 additional shares on the City Ho Chi Minh Stock Exchange on June 4. The shares will be sold to strategic partners. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Shares , Issue
Real estate firm executive sells shares
2008-06-04 18:39:00 Thu Duc Housing Development Corporation supervisory board head Nguyen Hung Long registered to cut his holdings to 17,425 shares from 22,425 by selling 5,000 before December 4, the exchange said on its website. Long said he would sell his shares for private reasons, according to the exchange. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Estate , Real Estate , Property , Executive , Real
Doan Xa Port operator?s chief accountant raises holding
2008-06-04 18:38:00 Doan Xa Port Joint Stock Co.'s chief accountant, Mai Thi Yen The bought 4,220 shares out of 5,000 she had registered to buy, the Ho Chi Minh Stock Exchange announced on its website. The?s stake moved up from 0.41% to 0.49% after the purchase, according to the exchange. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Chief , Holding , Operator , Accountant
PTSC reports bright first quarter
2008-06-04 18:32:00 The PetroVietnam Technical and Services Joint Stock Co. (PTSC) announced Tuesday that its first quarter net income jumped 209.8% from the previous quarter to VND50.6 billion (US$3.1 million). The firm, which has expanded into an array of diverse fields, said the increase in its sales of Nokia cell phones and imported... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Bright , Quarter
S. Korean property firm raises stake in gas station builder
2008-06-04 18:26:00 Daewon-Thu Duc Housing Development Joint Stock Company, a Korean -Vietnamese firm, boosted its holdings in the Petroleum Mechanical Joint Stock Company from 17.17% to 19.51% by purchasing 121,830 shares, according to the exchange?s website. The Vietnamese firm manufactures tanks and constructs gasoline filling... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Property , Station , Builder
Saigontel plans to issue bonus shares
2008-06-04 18:25:00 Saigon Telecommunication and Technologies Corporation, known as Saigontel, said on the exchange?s website that it was seeking its shareholders? approval to issue 13,500,000 bonus shares. The company said it expected to offer the stocks to existing shareholders at the three-for-ten ratio. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Bonus , Bonds , Plans , Shares , Saigon
FPT software to open branch in Paris
2008-06-04 18:20:00 FPT Software , a subsidiary of the Financing and Promoting Technology Corporation (FPT), will open a branch in Paris on June 13, its third overseas and the first in Europe. At a press briefing in Hanoi on June 4, the corporation?s Deputy Chief Executive Officer of FPT Bui Quang Ngoc said the FPT Software Europe will... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Open , Branch
Brokerages, fund managers found lax on disclosure rules
2008-06-04 13:07:00 Brokerages and fund management companies must comply more fully with disclosure rules in order to increase the transparency of the stock market, said officials of the State Securities Commission in Ha Noi late last week. In a recent audit, the commission discovered that many brokerages and fund management firms that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Rules , Fund , Managers , Disclosure , Brokerages
Malaysia's RHB Bank upbeat on long-term prospects in Viet Nam
2008-06-04 13:01:00 RHB banking group is upbeat on Viet Nam?s long-term prospects despite the economic woes in that country. ?As with all countries with a vibrant economy, Vietnam will go through a cyclical economic challenge. Our investment in retail brokerage is a long-term vision for RHB banking group. ?We believe Viet Nam is a good... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Long , Bank , Term
June 04, Foreigners Net Buyers Of VND17.2 Billion Of Shares
2008-06-04 12:50:00 Foreign investors were net buyers of VND17.2 billion ($ 1.07 million) of Vietnamese stocks Wednesday, out of a total of VND45.48 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.3 million shares, with foreigners accounting for 33%, the stock market operator said. (Dow Jones) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: June , Shares , Buyers , Billion , Foreigners
Moody's Cuts Viet Nam Rating Outlook To Negative
2008-06-04 12:39:00 Wednesday, Moody's Investors Service said it has cut the outlook on Viet Nam's key ratings to negative from positive due to policy shortcomings in addressing inflationary and balance-of-payments pressures. The outlooks were lowered for the Ba3 long-term government foreign- and local-currency ratings and the B1... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Outlook , Negative , Cuts
275 bonds moved to Hanoi bourse for trading
2008-06-04 12:26:00 On Monday saw 275 Government bonds of over six months beginning to trade on the Hanoi Securities Trading Center, instead of the HCM City Stock Exchange, as part of the Government plan to build a separate bond market. The bonds value amounted to VND43.3 trillion, 30% of the total value of Government bonds traded on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Bonds
Foreign investors also shrinking away from market?
2008-06-04 12:19:00 It seems that the stock market now relies on foreign investors? transactions as domestic investors have quit the falling market. Therefore, additional worries have been raised as foreign investors? purchasing volumes have decreased sharply in the last four consecutive trading sessions. Statistics show that the volume... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Market , Foreign , Investors
Banks still running interest rate race
2008-06-04 12:02:00 Banks are struggling to match up to the returns gold and foreign currencies are providing despite offering benchmarks as high as 15%. VND deposit interest rate increases, still outstripped by inflation Banks have been finding it tough to secure capital since the beginning of the year, as investors look to other... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Running , Banks , Interest Rates , Race , Interest
Viet Nam Dong Gains for First Day in 10, to 16,234 Per Dollar
2008-06-04 07:46:00 Viet Nam's dong advanced for the first time in 10 days. The Viet Nam currency rose 0.13% to 16,234 per dollar, as of 11:30 a.m. in Hanoi, according to data compiled by Bloomberg. The State Bank of Viet Nam set a reference rate of 16,107 a dollar, compared with 16,099 yesterday, according to its Web site. The currency... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Dollar , Viet , Dong
June 04, Stock Index Drops Below 400 First Time Since Feb. 2006
2008-06-04 07:42:00 Viet Nam's benchmark stock index fell below 400 for the first time in 22 months. The VN-Index of Ho Chi Minh City Stock Exchanged (HOSE) today officially dropped to below 400-point threshold to end at 395.66 pts after falling 5.54 pts or 1.38% with the total matching order trades of over 1.3 million shares worth 45.7... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: June , Time , First Time
Prudential Viet Nam Finance to Increase Capital
2008-06-04 06:52:00 Prudential Viet Nam Finance Co. will raise its registered capital to $23.1 million from $7.5 million to expand consumer finance services in Viet Nam, citing a company statement. The investment will come from the company's U.K.-based parent company, Prudential Plc. Prudential Finance plans to offer credit cards, car... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Capital
Maritime Bank reports 131.3b dong pre-tax profit in Jan-May
2008-06-04 06:43:00 Up to May 27, Maritime Joint Stock Bank posted 131.3 billion dong in pre-tax profit, growing by 54.7% against the same period of 2007, nearly 10 trillion dong in total deposits, up 23.6% over the year early. The bank's network has nearly 50 branches and transaction offices nationwide. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Profit , Dong
HaSTC to welcome new member
2008-06-04 06:32:00 Hanoi Securities Trading Center (HaSTC) recently received membership registration application from A Au Securities Joint Stock Co. The securities broker located at No 137 Le Quang Dinh in HCM City's Binh Thanh Dist with a chartered capital of 35 billion dong will be licensed to operate in securities sector like... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Bank share prices yet rally
2008-06-04 06:31:00 Positive information, such as the proposal to allow foreign investors to buy 5% stake of domestically commercial joint stock banks without asking SBV's permission or joint stock banks could be approved to sell 15% stale to foreign strategic partners, have affected to bank share prices in the middle and the end of May... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Rally , Share , Bank , Prices
HOSE receives membership applications from two securities brokers
2008-06-04 06:30:00 Ho Chi Minh City Stock Exchange (HOSE) recently announced that it received membership register applications from two securities brokers namely Bao Minh Securities Joint Stock Co and Viet Thanh Securities Joint Stock Co. Bao Minh Securities Joint Stock Co with a chartered capital of 300 billion dong will have full... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Applications , Brokers , Hose , Membership
My Chau packaging and printing firm to pay dividend of 7% in shares
2008-06-04 06:29:00 Ho Chi Minh City Stock Exchange (HOSE)-listed My Chau Packaging and Printing Joint Stock Co (coded MCP) recently announced that June 13 would be the registration deadline for the company to close the shareholders list to pay 7% dividend in shares for the second phase of 2007. Under it, the company would offer 346,393... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Shares , Dividend
Stock market burdened by inflation
More articles from this author:2008-06-04 01:41:00 The information about the high consumer price index increase (CPI) in May has raised new worries about the continued falls of the stock market. Targeted inflation? No exact figure Official statistics show that the CPI increased by 3.91% in May and 19.09% in the first five months of the year compared to the same... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Stock Market , Market , Inflation , Stock 1, 2, 3, 4, 5, 6, 7 |
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