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World Bank gives medium-term tick to economy
2008-06-03 17:16:00 The World Bank (WB) always gives positive comments on Viet Nam?s economy in the medium term, WB Acting Country Director in Viet Nam Martin Rama said. Speaking at a press briefing in Hanoi on June 3 on the threshold of the mid-term Consultative Group (CG) Meeting, the WB official said he was optimistic about Viet Nam... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , World Bank , Medium
Foreign capital expert optimistic about Viet Nam market
2008-06-03 15:29:00 An international expert predicted a capital market acceleration in late 2008 or early 2009 during the Mid-term Viet Nam Business Forum in Hanoi on June 2. Dominic Scriven from the Capital Market s Working Group told Viet Nam News Agency that his optimistic forecast is based on the fact that the Vietnamese capital... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Foreign , Expert
Sacombank issues EUR certificates of deposit
2008-06-03 15:28:00 The Sai Gon Thuong Tin Joint Stock Commercial Bank (Sacombank) began issuing EUR denominated certificates of deposit for the first time on June 3. Sacombank is issuing deposit certificates in EUR from June 3-August 2 with total value of 3 trillion VND, 30 million USD and 20 million EUR. The minimum amount for each... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Issues , Certificates
June 03, Foreigners Net Buyers Of VND4.4 Billion Of Shares
2008-06-03 13:25:00 Foreign investors were net buyers of VND4.4 billion ($275, 600) of Vietnamese stocks Tuesday, out of a total VND32.5 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.09 million shares, with foreigners accounting for 28.4% 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
Ha Nam Minerals to list 12 million shares
2008-06-03 13:14:00 Ha Nam Mineral Corporation will list 11.69 million shares on the Ho Chi Minh City Stock Exchange. The company has a charter capital of VND116.90 billion (US$7.31 million), and works in exploiting and producing mineral products. The company has further expanded its business to real estate and logistics services. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Minerals , List , Shares , Million
Dai Chau Joint Stock Co. offers more shares
2008-06-03 13:13:00 Listed firm on Hanoi Securities Trading Center (HaSTC), Dai Chau Joint Stock Co. (coded DCS) plans to issue additional shares to try and raise its charter capital to VND27.25 billion (US$1.70 million). A part of these shares will be used to pay out dividends to stockholders at a rate of 11.24%. The remaining shares... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Offers , Shares
HSBC: Stock prices in Viet Nam now attractive
2008-06-03 13:02:00 The Hong Kong and Shanghai Banking Corporation (HSBC) has released its latest monthly report about Viet nam?s economy, which advises investors not to sell at this moment, and those who are going to join the market, to wait for some more time to buy stocks at lower prices. In the previous report, HSBC?s experts said... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stock , Attractive , Prices
The SCIC mystery
2008-06-03 12:57:00 SCIC, the State Capital Investment Corporation, was announced would act as the tool of the state to rescue the stock market from drowning. However, the role of the corporation remains dim, and the corporation?s actions remain mysterious. At the Viet Nam Business Forum held in Hanoi on June 2, which took place on the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Mystery
Foreign investors see promise in local exchange, say analysts
2008-06-03 10:54:00 Foreigners are still eyeing the Vietnamese stock market as a promising destination for their financial investments, according to analysts at the Asia Trade and Investors Convention 2008 (ATIC@2008), which occurred late last week. Director of Ban Viet Securities To Hai estimated that around US$600mil of indirect... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Exchange , Local , Foreign , Promise
Investors say Viet Nam still attractive
2008-06-03 08:27:00 Investors and businesses have expressed concern at the macro-economic situation but say the country still remains an attractive destination for foreign investment. Speaking at the Viet Nam Business Forum (VBF) in Hanoi Monday, Michael Pease, chairman of the American Chamber of Commerce in Viet Nam, said, ?It is safe... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Investors , Attractive
June 03, VN-Index closer to 400-point threshold
2008-06-03 08:13:00 The consecutive declines of Viet Nam's central stock market during last month and recent sessions have been pulling the index of Ho Chi Minh City Stock Exchanged (HOSE) to nearly 400-point threshold. The VN Index today fell 6.74 points or 1.65% to end at 401.20 pts with the total matching order trades of over one... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: June , Point , Closer
Vietnamese May Shun Dong Assets, Freezing Economy, Goldman Says
2008-06-03 08:10:00 Vietnamese may shun domestic assets and buy dollars and gold, freezing up the domestic economy on concern that the government won't be able to rein in spiraling inflation, according to Goldman Sachs Group Inc. Policy makers plan to keep the benchmark interest rate at 12% this month after two increases this year, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Vietnamese , Dong , Shun
PM Says GDP Growth in 2008 Will Be 7 per cent
2008-06-03 08:02:00 Viet Nam's gross domestic product growth will probably be 7% this year as exports and foreign investment increase, Viet Nam News newspaper reported, citing Viet Nam's Prime Minister Nguyen Tan Dung. In the first five months, exports were estimated at $23.4 billion, 27% higher than last year and total direct... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Cent , Growth , 2008
Viet Nam Keeps Benchmark Lending Rate at 12%, Central Bank Says
2008-06-03 04:41:00 Viet Nam will keep its benchmark interest rate at 12% this month after raising it in May, the Southeast Asian nation's central bank said. The discount rate will also remain at 11%, while the refinance rate will stay at 13%, the State Bank of Viet Nam said in a statement posted on its Web site late yesterday. ``Two... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Benchmark , Economy , Central , Lending
TAYA Viet Nam targets 1.476tr dong revenue in 2008
2008-06-03 04:28:00 Listed firm on HOSE, Taya Electrical Wire and Cable Joint Stock Co (TAYA Viet Nam - coded TYA) targets to reach 1.476 trillion dong in revenue, 51.576 billion dong in after-tax profit and a dividend of 15% in 2008 . With the chartered capital of 265.73 billion dong, last year the firm posted total unallocated profit... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Revenue , Dong
Saigon Hanoi fund manager debuts
2008-06-03 04:21:00 Saigon Hanoi Fund Management Co (SHF) on May 30 organised the debut ceremony and signed two partnership contracts in Hanoi. The first contract worth US$50 million to invest in Viet Nam was signed with China-based Tongsheng Group specialising in fields of rubber, mechanic and plastic. And the second one worth 300... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Manager , Saigon
Bond trading value on HASTC surges strongly
2008-06-03 04:19:00 Statistics showed that the trading value of bonds on the Hanoi Securities Trading Center (HASTC) increased sharply from 19 billion dong a session on average in 2006 to 257 billion dong a session in 2007. Especially, during the first five months of 2008, the figure jumped to 325 billion dong a session, in which that of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Bond , Bonds
VIB Bank increases dong deposit rates to 15.5%
2008-06-03 04:13:00 Viet Nam International Commercial Joint Stock Bank (VIB Bank) recently officially applied new interest rate benchmark whereby dong deposits are over 15% per year for terms of from one-month to 12 months and the highest interest rate of US dollar is 7.2% per year. In particular, one-month term gets the interest rate... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Rates , Dong
Gia Dinh Bank targets 3.11tr dong in total asset in 2008
2008-06-03 04:09:00 Gia Dinh Commersial Joint Stock Bank recently announced that this year it targets to bring the total asset to 3.11 trillion dong, up 53% against 2007. In addition, the bank's total deposits could be 1.92 trillion dong, a year-on-year increase of 53%, 326.8 billion dong in total income, a 51% increase yoy and 97... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Total , Asset , Dong , 2008
CIT exemption for securities companies proposed
2008-06-03 04:07:00 State Securities Commission (SSC) proposed the finance ministry to exempt the CIT for securities companies that are established before the Law on Securities took effects on January 1, 2007. On November 23, 2007, the finance ministry issued Circular No 134/2007/TTCK-BTC guiding the implementation of Law on CIT.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Companies
Empower Securities receives eSMS software copyright license
2008-06-03 04:05:00 Empower Securities Joint Stock Co (EPS) recently received eSMS software copyright license from the Author Copyright Division under the Ministry of Culture, Sports and Tourism, marking the Vietnam's first securities broker receiving this license. EPS's software was built and officially put into operation from July... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Software , License
FPT Telecommunication to pay dividend of 33.58% in shares
2008-06-03 04:03:00 FPT Telecommunication Joint Stock Co (FTEL) recently announced that June 9 would be the registration deadline for it to close the list of shareholders to pay dividend of 33.58% in shares. The company plans to issue 108,900 preferential shares at 10,000 dong par so as to sell the employees at the price equalling to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Shares , Dividend
Securities companies ask for wider trading band
2008-06-03 04:02:00 Many people suggested the State Securities Commission (SSC) consider expand the trading band at the two bourses, recovering liquidity of the market. Facing up unexpectedly quick downward correction of the market, on March 27, SSC decided to narrow the trading band at the Hanoi Securities Trading Center (HaSTC) to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Band , Companies
Quang Ninh Construction to pay 37% dividend
2008-06-03 03:56:00 Quang Ninh Construction and Cement Joint Stock Co (coded QNC) recently passed this year's business plan with 695 billion dong from total revenue, 45-55 billion dong from after tax profit and dividend payment of minimum 37%. This year, the company would invest 357 billion dong in the project of expanding the Lam Thach... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Dividend
Dong May Slump 30% in 12 Months on Deficit, OCBC Says
2008-06-03 00:07:00 Viet Nam's dong may slump as much as 30% in a year and investors should sell the currency using 12-month offshore forward contracts, according to Oversea- Chinese Banking Corp. The dong is set to extend losses from last week's nine- month low on accelerating inflation and a widening trade deficit, said Emmanuel Ng,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Deficit , Dong , Months , Slump
VN Stocks Drop an 18th Day, on Soaring Inflation, Deficit
2008-06-03 00:07:00 Vietnamese stocks fell for an 18th day, the longest losing streak in 4 1/2 years, on concern the government may tighten controls on capital investments to reverse a widening trade deficit. The benchmark VN Index dropped 1.5% to close at 407.94, the lowest since Aug. 2, 2006. Vietnam Dairy Products Joint-Stock Co., or... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stocks , Inflation , Soaring , Deficit , Drop
Japanese Investors Upbeat about Viet Nam's Stock Market
2008-06-02 21:12:00 Japanese securities investors still pin high hope on the potential of Viet Nam?s stock market, saying it is changing and becoming more professional, and now is a good time to buy in shares before the VN-index bounces back, the New Hanoi newspaper reported. The local market is supported by many factors for further... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stock Market , Market , Japanese , Stock , Investors
Prudential chief finds value in plummeting stock market
2008-06-02 19:39:00 With the Ho Chi Minh Stock Exchange dropping 54% in value this year, Prudential Viet Nam Fund Management Company?s acting general director says it offers opportunities. Director Pham Ngoc Bich said that if investors did not buy heavily now, they would regret not taking advantage of the plunge in two years. A Thanh... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stock Market , Market , Chief
Sacombank launches VND, USD and EUR certificates of deposit
2008-06-02 19:31:00 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) today June 2nd launched the VND, USD and EUR denominated certificates of deposit (CD) nationwide. The total value of the issuance is VND 3 trillion, USD 30 million and EUR 20 million. The issuance period is from 3 June to 2 August 2008 or to the date when all... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Certificates
Foreigners Net Buyers Of VND5.4 Billion Of Shares
More articles from this author:2008-06-02 13:57:00 Foreign investors were net buyers of VND5.4 billion ($337, 710) of Vietnamese stocks Monday, out of a total of VND44.4 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 1.1 million shares, with foreigners accounting for 22.4% 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: Shares , Buyers , Billion , Foreigners 1, 2, 3, 4, 5, 6, 7 |
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