|
Hapaco's Jan-May profit reaches 39.371b dong
2008-06-10 06:08:00 Hai Phong Paper Joint Stock Co (Hapaco - coded HAP) recently reported that in May it reached the revenue of 39.371 billion dong and 1.681 billion dong in profit, bringing the total figures during the first five months of the year to 159.693 billion dong and 33.44 billion dong respectively. The company's EPS was 2,310... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vietnam's Bonds Gain on Optimism Over Reserves; Dong Weakens
2008-06-09 15:20:00 Government bonds rose after Prime Minister Nguyen Tan Dung said the nation's foreign- exchange reserves are sufficient to help it intervene to maintain the currency's value. The dong declined. Benchmark five-year notes rallied after Dung said the country had a currency surplus of $1 billion in the first five months... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Viet Nam May Intervene to Maintain the Value of Dong
2008-06-09 13:13:00 Viet Nam's foreign exchange reserves are sufficient for the government to step in to help maintain the value of the dong, said Prime Minister Nguyen Tan Dung, damping concern the currency will collapse. ``With the foreign-currency surplus, the government will be able to intervene to maintain the dong's value and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Ding Dong the Bitch Is Gone
2008-06-07 20:05:00 It is a very sad day for dumpy uneducated racists dumb white women everywhere. Hillary Clinton has dropped out, but we imagine she is still privatively hoping for her magic bullet theory to play out. For the press, and especially the Blackdog press, the news is very bitter sweet. Yes we all hate Hillary but many of us were hoping that she would commit suicide on live television. Being the first women to have serious run it would have been appropriate for her down a bottle of red wine with about 30 tylenol. Personally I would have preferred that she drink a bottle of Drano. But really, who are we going to write about now? Please keep running Hillary we are all very very bored (Blackdog Fact # 7 Actor Will Smith was inducted into the white hall of fame in 1999 for his work on Willimium)
By: BLACK DOG PRESS
Viet Nam not devalue dong, says PM
2008-06-07 14:17:00 Viet Nam has no plans to devalue the dong within the current context of current account and the current general economic situation, affirmed Prime Minister Nguyen Tan Dung. The Prime Minister made the statement at a meeting with JP Morgan chief economist David Fernandez on June 5 to discuss issues of great concerns... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Techcombank raises interest rates for deposits in both dong and US dollar
2008-06-07 14:14:00 Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) has just announced new higher interest rates for deposits in Vietnamese dong with the highest rate hitting 15.8% a year. Accordingly, with one and three month terms, depositors will enjoy an interest rate of 15.35% per year and 15.45% a year... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Sacombank continues increasing dong deposit rates
2008-06-07 03:32:00 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on June 5 officially applied new interest rate benchmark of dong deposits. Particularly, the interest rate being applied on dong deposits with terms of one-month and over six months is 14.7% per year or 1.225% per month and from two months to six months 15%... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dong May Decline 10 Percent by Year-End, Calyon Says
2008-06-06 09:09:00 Viet Nam's dong may fall 10% by year-end as the government seeks a gradual depreciation to avoid a ``currency crisis'' and a sudden devaluation, according to Calyon, the investment banking arm of Credit Agricole SA. Accelerating inflation, a widening trade deficit and a near 60% slide in local stocks this year have... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Techcombank raises deposit rates in dong and US dollar
2008-06-06 02:16:00 Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) announced to raise the deposit rates of both dong and US dollar whereby the dong deposit rate was increased to 15.8% per annum. Deposits with terms of 1-3 months carry an interest rate ranging 15.35-15.45% per annum, 6-12 months at 15.55% per... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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! ]]
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! ]]
X0531053102 Dong Xi SILK+COTTON DRESS SIZE 2/4/6 - clothing,brand names
2008-06-03 17:59:00 Price: $72.00 USDPayment methods accepted prefers PayPal. - Bank Transfer -; and West Union is also accepted Measurement (size of the garment, NBuy Now
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! ]]
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! ]]
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! ]]
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! ]]
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! ]]
Dong A bank raises deposit interest rates
2008-05-31 19:09:00 Eastern Asia Commercial Joint Stock Bank (Dong A Bank - EAB) on Friday raised its deposit interest rates, the HCMC-based lender said in a press release. The bank said it was offering an interest of 14.28 percent per year for deposits of two years or less. For checking accounts, Dong A offers 4.8% per year on deposits... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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! ]]
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! ]]
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! ]]
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! ]]
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! ]]
Shinko's Hayashi Sees Vietnamese Dong Falling to Around 17,000
2008-05-29 12:15:00 Hideki Hayashi, chief economist at Shinko Securities Co., in Tokyo, comments on the outlook for Vietnamese dong. The dong fell 0.04% to 16,236 per dollar. ``Speculators just seem to be trying to trigger a decline in the dong because of accelerating inflation. The reason for this is because the real exchange rate of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dong falls after Fitch cuts outlook
2008-05-29 07:22:00 Viet Nam's dong fell on Thursday after Fitch Ratings cut the outlook on the country's sovereign rating to negative from stable due to worries over inflation. The dong's spot rate fell as far as 16,236 per dollar, down slightly from Wednesday's close of 16, 216 per dollar. The dong in the one-year offshore forwards... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Viet Nam dong falls to 3-mth lows, tumbles offshore
2008-05-28 13:56:00 Viet Nam's dong fell to its lowest in more than three months on Wednesday, while the offshore forwards market priced in a 30% depreciation in the currency on worries over inflation and a widening trade deficit. The dong's spot rate stood at 16,216 to 16,221 per dollar by 0413 GMT, after the central bank, set the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Central Bank Says Dong Band `Is Unchanged'
2008-05-28 13:30:00 Viet Nam's central bank said the dong's daily trading band is unchanged at plus or minus 1%, according to Le Xuan Nghia, director of the banking development strategy department. ``The trading band today is still plus or minus 1%,'' Nghia said in a telephone interview today from Hanoi. The State Bank of Viet Nam... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Standard Chartered Not Informed of Viet Nam Dong Band Widening
2008-05-28 13:25:00 The State Bank of Viet Nam has not made any official announcement on a wider dong trading band starting today, according to Standard Chartered Plc, which this year won a licence to open bank branches across the nation. The Wall Street Journal reported today that the central bank has widened the currency's daily... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vietnamese Bonds Fall for Sixth Day on Inflation; Dong Weakens
2008-05-28 13:15:00 Viet Nam's five-year government bonds dropped for a sixth day on speculation accelerating inflation, which erodes the fixed payments on debt, is keeping investors away. The dong declined. Yields have climbed more than 2 percentage points over the past week to reach almost 15 percent compared with 8.73% at the start... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dong A Bank increases gold deposit rates
2008-05-28 10:08:00 Eastern Asia Commercial Joint Stock Bank (DongA Bank - EAB) recently officially applied new interest rate benchmark of gold deposits. In comparison with the previous interest rates, the newly rates increased by 0.54-1.74% as for SJC gold and from 0.6% to 1.74% for PNJ-DAB gold. Accordingly, six-month term will get... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Should people keep gold, US dollar or dong?
2008-05-28 10:03:00 Dong deposit interest rates were booming right after the central bank removed the ceiling deposit interest rate. However, amidst the current high inflation, although banks have boosted deposit interest rates up to 15.6% a year, depositors are still entitled to negative interest rates. Consumer price index (CPI) in May... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Viet Nam to Ensure Dong Rate as Dollar Demand Gains
2008-05-27 14:06:00 Viet Nam's central bank said it has the ability to ensure an orderly exchange rate after a jump in demand for dollars widened the gap between the official value of the currency and the so-called free-market rate. ``The demand for U.S. dollars is accelerating,'' Nguyen Quang Huy, director of the banking-management... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
State Capital reports 1tr dong pre-tax profit
2008-05-27 02:23:00 The State Capital Investment Corp (SCIC) recently posted 1.15 trillion dong in revenue and 1.041 trillion dong from pre tax profit in 2007. Last year, SCIC handed over 7.472 trillion dong of state capital for 845 enterprises. Of which, central departments and ministries transferred capital in 137 enterprises with the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dong funds build up as rates rise
2008-05-26 11:57:00 Commercial banks in Viet Nam have started building up surplus funds in the Vietnamese dong (VND) as higher deposit rates lure depositors but are still short of dollar funds, bankers said on Monday. Last Monday, Vietnamese banks raised interest rates after the central bank removed a 12-per cent ceiling on dong deposit... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dong Falls as Vietnam's Central Bank Says It Weakened Currency
2008-05-26 11:52:00 Viet Nam's dong fell the most in nearly two weeks after the central bank said it weakened the currency to support exports. The dong fell 0.08% to 16,212 per dollar, the biggest decline since May 5, as of 10:30 a.m. in Hanoi, according to data compiled by Bloomberg. ``Foreign currency demand and supply are... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Techcombank to raise $309 million via dong bonds
2008-05-25 08:00:00 Technological & Commercial Joint-Stock Bank, 15% owned by HSBC Holdings Plc, has obtained the central bank?s approval to mobilize VND5 trillion (US$309 million) by bond sales this year. ?We will sell debt in Vietnam to local and foreign investors,?? Nguyen Duc Vinh, chief executive of the bank, commonly known as... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Khanh Hoa power firm to hike chartered capital to 350b dong
2008-05-24 05:04:00 Khanh Hoa Power Co (coded KHP) recently announced that it would issue more shares to scale up its chartered capital to 350 billion dong from the current of 174 billion dong. The capital being mobilised from the share issue will be invested in purchasing 110 KV power grid worth over 350 billion dong from the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Lilama targets 280b dong profit in 2008
2008-05-24 04:59:00 The Viet Nam Machinery Installation Corp (Lilama) recently spiked 15.007 trillion dong in business and production value in 2007, up 40% on 2006, 10.677 trillion dong in revenue, rising 53% against 2006, 262 billion dong in profit, a year-on-year increase of 242%. This year, Lilama plans to bring to figures to 18... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dong Nai Roof Sheet and Construction Materials JSC reports 7.87b dong profi
2008-05-24 04:56:00 Dong Nai Roof Sheet and Construction Materials JSC (coded DCT) reported that during the first quarter, it earned 34.138 billion dong in net revenue from sales and service provision, down 10.65% or 4.07 billion dong year-on-year, 7.874 billion dong in after-tax profit, declining 7.43% or 632 million dong yoy. Its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Ding-Dong! Avon Calling (for you oldies out there)
2008-05-23 21:50:00 (A vintage Avon Bubble Bath bottle featuring Snoopy)My pal Courtney (who is one of the first persons ever to comment on my blog, by the way) has undertaken a new venture to help fund her college studies, pay for gas etc. She is now a full-fledged AVON lady!Way to go Courtney!So, any of you folks in the USA (particularly the State of California) who need some AVON goodies, please stop by her new website here:http://www.youravon.com/co-urtneymorrisJust for your info (and this was news to me) AVON is one of the first companies to establish NO ANIMAL TESTING regulations and I for one, think that's fantastic.So check out her site and give her a boost.Thanks,Kat
Dong-Dollar Rate May Balloon to VND17,000/USUS$1 Soon-Report
2008-05-23 15:02:00 Viet Nam dong may depreciate to VND17,000/US dollar or more in the coming days after it set a new record high over the past two weeks due to thin greenback supply in the foreign exchange market and soaring demand of local importers, the state-run Tuoi Tre (Youth) newspaper said on May 19. A banker said higher... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Military Bank to hike chartered capital to 3.4tr dong
2008-05-23 04:07:00 Military Commercial Joint Stock Bank (MB) recently announced the plan to scale up its chartered capital to 3.4 trillion dong within this year. The bank's shareholders' meeting held on May 19 passed this year's growth targets with 735 billion dong from pre tax profit, up 21% on 2007, its total asset would increase by... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Saigon-Hanoi Bank adjusts deposit rates of both dong and US dollar
2008-05-23 03:57:00 From May 21, Saigon Hanoi Commercial Joint Stock Bank (SHB) officially applied the new deposit rates of both dong and US dollar. In particular, as for dong, the terms of from four months to 13 months get the interest rates of 15% per year, from 24 months to 36 months 13.5% per year and one and two-month terms... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
REE reports 1.27b dong loss in Apr
2008-05-22 05:25:00 The Ho Chi Minh City Stock Exchange-listed Refrigerating and Electrical Engineering Shareholding Co (coded REE) recently reported the business result in April with 140.53 billion dong in total net revenue and lost 1.27 billion dong from after tax profit. During the first four months of this year, REE made a total net... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Mai Linh Group targets 3.68tr dong revenue in 2008
2008-05-21 03:06:00 Mai Linh Group (MLG)'s shareholders' meeting held on May 19 passed this year's business plan with 3.68 trillion dong in revenue, of which the Mai Linh Group Joint Stock Co's revenue could be 1.118 trillion dong and 176 billion dong in profit within this year. This year, the company also plans to list shares in Ho Chi... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Southern seed firm posts 7.8b dong profit in Q1
2008-05-21 03:05:00 Ho Chi Minh Stock Exchange listed firm, Southern Seed Joint Stock Co (coded SSC) recently reported the business result during the first quarter of this year with 41.28 billion dong in net revenue from sales and services provision, rising 19.4% against 2007 and 7.8 billion dong from after tax profit, up 3.57% on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vinh Son-Song Hinh hydropower firm posts 102b dong profit in Q1
2008-05-21 03:04:00 Vinh Son-Song Hinh Hydropower Joint Stock Co (coded VSH) recently announced that in the first quarter of this year it gained 144.942 billion dong in net revenue from sales and service provision, up 56.55% yoy and 102.072 billion dong from after tax profit, rising 71.78% year-on-year. Last year, the company made a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vinpearl to issue 1tr dong corporate bonds
2008-05-21 02:49:00 Vinpearl Trade and Tourism Joint Stock Co (coded VPL) recently announced a plan issuing corporate bonds. Accordingly, the firm would sell one trillion dong of corporate bonds for the first phase of 2008 to domestic and foreign organisations to mobilise capital for the company's projects like the project of building... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Cho Lon real estate trader posts 82.7b dong in 2007
2008-05-20 06:39:00 Cho Lon Real Estate Joint Stock Co (coded RCL) reported that last year it gained over 82.7 billion dong in net revenue, up 11.9% year on tear, 11.8 billion dong in after-tax profit, up 25.4% and EPS of 7,897 dong. During the first quarter of 2008, the company's revenue from sales and service provision was posted at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Hai Phong Securities to hike chartered capital to 300b dong
2008-05-20 06:19:00 Hai Phong Securities Joint Stock Co (coded HPC)'s shareholders' annual meeting recently passed the plan to scale up chartered capital to 300 billion dong via offering 12 million shares to the shareholders. The share issue will be divided into two phases. In the first phase, the company would issue 4.8 million shares... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
 |
|
 |
