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Vietinbank, Southern Airport Corp sign comprehensive partnership deal
2008-05-31 03:30:00 Vietinbank and Southern Airport Corp (SAC) yesterday signed a comprehensive partnership agreement in HCM City with an aim to help the bank become the main service provider of leading state owned enterprises in fields of aviation. Especially, in the next time SAC will continue to build new airports of Long Thanh, Phu... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Deal , Sign , Comprehensive
Cadivi to hike chartered capital
2008-05-31 03:27:00 Vietnam Electrical Wire and Cable Joint Stock Co (Cadivi) targets to reach 1.73 trillion dong in total revenue, 32 billion dong in pre-tax profit and a dividend of 15% in 2008. Dividend payment of 2008 will be broken into two phases: 8% in cash for the first phase through the list shareholders being closed on June... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Hike , Capital
Chartered capital increase of securities brokers could be delayed
2008-05-31 03:26:00 Amongst petitions aiming to restore the stock market at a talk held on May 29 by Viet Nam Securities Business Association, many securities companies proposed to extend the deadline to increase the minium compulsory chartered capital to 300 billion dong to operate in full ranges of securities sector pursuant to the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Brokers , Capital
Post and telecommunication insurance firm reports shares sale results
2008-05-31 03:25:00 Post and Telecommunication s Joint Stock Insurance Co (PTI) recently reported the result of share sales to the public under the SSC's License No 283/UBCK-DKCB on January 25 hereafter: The number of issued shares was 19.5 million. Of which 17.85 million shares were issued to the existing shareholders at the price of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Post , Results , Sale
Sao Mai An Giang to pay dividend of 30%
2008-05-31 03:23:00 Sao Mai An Giang Joint Stock Co recently passed the plan to pay 2007 dividend of 30% in cash to the shareholders in June and this year's business plan with 240 billion dong in revenue, over 64 billion dong from pre tax profit and dividend of 30%. At present, the company is carrying out many realty projects like new... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Dividend
FPT to offer shares
2008-05-31 03:22:00 Listed firm on HOSE, the Corp for Financing and Promoting Technology(FPT) announced that it would issue 544,150 shares at 10,000 dong to employees par including three kinds of shares on June 19, 2008. 161,300 shares type I will be changed to ordinary shares and listed on the stock market after one-year from being... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Shares , Offer
Can Don Hydro Power firm to offer shares
2008-05-31 03:20:00 Can Don Hydro Power Joint Stock Co (coded SJD) recently announced that it would offer 3.9 million ordinary shares at 10,000 dong par to pay 2007 dividend to the existing shareholders at the ratio of three new shares for 20 shares held, equalling to 15% of chartered capital. The ex-interest date is on June 9. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Shares , Offer
Telecommunication firm No 1 to list shares on HaSTC
2008-05-31 03:18:00 Hanoi Securities Trading Centre (HaSTC) on May 29 announced that it approved in principle the Telecommunication Joint Stock Co No 1 to list two million ordinary shares at 10,000 dong par worth 20 billion dong on the bourse. Hanoi-headquartered the company with a chartered capital of 20 billion dong, specialising in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: List , Shares
State Bank takes measures to curb inflation
2008-05-30 18:50:00 Governor of the State Bank (SBV) of Viet Nam Nguyen Van Giau told the National Assembly that SBV will focus on implementing four monetary measures to curb inflation. The last cabinet member to be questioned at the on-going meeting on May 30, the governor said the most important measure for holding inflation was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Inflation
Jan-May loans rise faster, cuts foreign debt
2008-05-30 15:42:00 Viet Nam's outstanding loans at the end of May will rise 18.4% from the end of 2007, accelerating from a 13.4% growth at the same period last year, the central bank's governor said on Friday. However, he said monthly credit growth was on a slowing trend following monetary tightening measures as the Communist Party... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Loans , Debt , Foreign , Rise
Banks cut loans for shares as market drops
2008-05-30 15:36:00 Vietnamese banks cut their lending for securities investment to 9.75 trillion dong last month, the central bank's governor said on Friday, down 14.5% from the end of 2007. Bank loans in April for securities investment accounted for only 0.78% of Viet Nam's outstanding loans at the end of April, State Bank of Viet Nam... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Government , Market , Banks , Loans , Shares
Finance minister sees success for stock market
2008-05-30 15:27:00 At the ongoing National Assembly sessions, the country?s legislators are putting renewed focus on how to help the stock market rebound and control inflation. Minister of Finance Vu Van Ninh spoke to Vietnam News Agency about the issue. Which measures will the Government take to help the stock market rebound? We have... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stock Market , Market , Success
Liquidity, investor confidence key to healthy stock market: seminar
2008-05-30 15:19:00 Greater liquidity and investor confidence are key to helping the stock market develop, said participants at a seminar held in Ha Noi yesterday by the Viet Nam Association of Securities Businesses. Loosening the daily trading band on the stock market would help boost liquidity, said Ngo Phuong Chi of Bao Viet... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stock Market , Market , Stock , Seminar , Investor
M&A becomes a buzz word in Vietnam 2007
2008-05-30 15:15:00 Mergers & acquisition deals soared in Viet Nam and despite global and local macroeconomic challenges, the outlook for deal makers remained positive, writes Stephen Gaskill, transactions director at PricewaterhouseCoopers Viet Nam. According to our recent Asia-Pacific Mergers & acquisition (M&A) Bulletin, ?Steaming... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Vietnam , Word , Buzz
Market falls leave securities firms miserable
2008-05-30 11:49:00 Vu Thi Kim Lien, Deputy Chairwoman of the State Securities Commission (SSC), said that many securities companies have led themselves to the edge of bankruptcy by lending several thousands of billion VND to clients under repo contracts. In the last three months, the average trading volume of the stock market was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Market , Leave , Falls , Firms
Dong Falls Seventh Straight Day on Inflation, Deficit
2008-05-30 11:45:00 Viet Nam's dong declined for a seventh straight day on speculation accelerating inflation and a widening trade deficit will increase demand for U.S. dollars. Viet Nam's trade deficit widened to $14.42 billion from $4.25 billion in the same period a year ago, according to figures released on May 26 by the General... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Inflation , Straight , Deficit , Falls
May30, Foreigners Net Buyers Of VND49.6 Billion Of Shares
2008-05-30 11:37:00 Foreign investors were net buyers of VND49.6 billion ($3.1 million) of Vietnamese stocks Friday, out of a total of VND114.5 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 4.7 million shares, with foreigners accounting for 48.9% , 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: Shares , Buyers , Billion , Foreigners
SSC considering adjusting daily trading bands
2008-05-30 11:18:00 Deputy Chairwoman of the State Securities Commission (SSC) Vu Thi Kim Lien said that SSC is discussing adjusting the daily trading bands and it will make an announcement about the commission?s final decision. Lien said during a workshop to discuss solutions to the stock market yesterday afternoon in Hanoi that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Daily , Trading , Bands
May 30, Stock market continues drop, VN-Index stands at 414.10 pts
2008-05-30 11:16:00 The Ho Chi Minh Stock Exchange (HOSE) today reopened as usual after three consecutive sessions of suspending transactions due to technical troubles. The session today continued witnessing bearish situation when the VN Index closed at 414.10 points after losing 6.41 pts or 1.52% with the total matching order trades of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stock Market , Market , Drop
Viet Nam Stocks Turn Into World's Worst on Inflation
2008-05-30 08:40:00 The worst may not be over for Viet Nam's stock market, the world's biggest decliner, as shares resumed declines after the exchange returned to business following a computer breakdown that halted trading for three days. The benchmark VN Index fell 1.5% to 414.10, extending this year's 55% retreat, after a government... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Stocks , Inflation , Turn
Vietinbank to make IPO late this year
2008-05-30 08:24:00 The Vietnam Bank for Trade and Industry (Vietinbank) will make its first initial public offering (IPO) later this year, a bank senior official said. Vietinbank plans to sell 25% of its shares issued in the first IPO to the public and probably another 24% by 2010. At present, eight foreign banks sent notes to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Make , Late , Year , Initial Public Offering
Viet Nam to Focus on Inflation, Not Dong, Dragon Says
2008-05-30 08:00:00 Viet Nam's central bank will shift its monetary policy focus to curbing inflation from managing the dong, said Dragon Capital, the nation's biggest fund manager with $2 billion of assets. The currency has slipped to the lowest in nine months as Fitch Ratings cut Viet Nam's debt-rating outlook this week and Morgan... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Inflation , Focus , Viet
Hau Giang pharmaceutical firm sets up two subsidiaries
2008-05-30 07:21:00 Hau Giang Pharmaceutical Joint Stock Co (coded DHG) on May 28 announced that it set up two subsidiaries, of which DHG holds 100% of chartered capital, and expects to put into operation in the third quarter of this year. Two subsidiaries namely DHG Packaging and Printing one member Ltd Co with a chartered capital of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Sets
Banks pay more attention to service development
2008-05-30 07:20:00 Vietnamese banks, whose incomes mainly come from credit, now think that they need to pay more attention to the development of bank services. In fact, banks well understand that they need to develop non-credit services. However, the fluctuations of the monetary market recently have made them more determined to focus on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Banks , Development , Service , Attention
OPC pharmaceutical firm reports 6.18b dong profit in Q1
2008-05-30 04:02:00 OPC Pharmaceutical Joint Stock Co (coded OPC) recently reported the business result in the first quarter of the year with 54.1 billion dong in net revenue from sales and services provision, up 40.78% on 2007 and 6.18 billion dong from after tax profit, down 8.58% year-on-year. This year, the company targets to bring... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Profit , Dong
Sacombank strives to stabilise interest rates
2008-05-30 03:59:00 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) recently announced that from May 28, it officially applied the new deposit rate benchmark throughout the network hereby 13-month term deposit of dong will get the interest rate of 14% per year (1.167% per month) and less than 12 months from 14.1% to 14.4% per... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Interest Rates , Interest , Rates
Nam A Bank hikes dong deposit rate to 15.6% pa
2008-05-30 03:58:00 Nam A Commercial Joint Stock Bank (Nam A Bank) on May 27 raised the dong deposit rate to 15.6% per annum for a term of 3-12 months whereby it ranks among banks with the attractive interest rate in the domestic market. Nam A Bank representative said that the raising of interest rate aims to ensure interests of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Rate , Dong
Devaluing dong may help stabilise economy
2008-05-30 03:55:00 Deterioration in Viet Nam's inflation and trade crises continued to accelerate in May. The State Bank of Viet Nam (SBV) has consistently weakened the dong reference rate, but severe foreign currency liquidity shortage has sent the interbank market to trade dong at nearly 7% or over 1000 points above the official band.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Economy , Dong
VPBank accepts savings of gold
2008-05-30 03:52:00 The Viet Nam Commercial Joint Stock Bank for Private Enterprise (VPBank) recently officially carried out deposits of gold with the interest rate of up to 6.2% per year. According to VPBank, the new product aims to diversify the bank's products and services and provides savers more suitable options. At present,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Gold , Savings
Oriental Bank's interest rates raised to 15.36% per year
More articles from this author:2008-05-30 03:51:00 From May 28, Oriental Commercial Joint Stock Bank (OCB) officially applied the new deposit rate benchmark whereby 12-month term deposits of dong will get the interest rate of 15.36% per year (1.28% per month). At the same time, OCB's dong deposit rates also were increased by 0.07% per month in comparison with the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More About: Interest Rates , Interest , Rates , Year 1, 2, 3, 4, 5, 6, 7 |
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