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Vietnam banking system’s liquidity remains surplus in Q1/2014

16-Apr-2014 Intellasia | TBKTSG | 6:00 AM

Due to capital surplus, banks are forced to seek safe investment channels such as Treasury-bills and government-backed bonds to increase the profits and offset for the [...]
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VietinBank proposes to change Vinalines’s debt into capital contribution

16-Apr-2014 Intellasia | Bao Dau Tu | 6:00 AM

Vietnam Commercial Joint Stock Bank for Industry and Trade (VietinBank-CTG) has lately proposed to become a strategic shareholder when equitising Vietnam National Shipping [...]
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Vietcombank merger news expected

16-Apr-2014 Intellasia | VNS | 6:00 AM

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), one of the nation’s biggest banks, is expected to ask its stakeholders at the meeting next week [...]
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Vietcombank may join M&A wave

16-Apr-2014 Intellasia | Dien Dan Dau Tu | 6:00 AM

Vietnam Commercial Joint Stock Bank for Foreign Trade (Vietcombank-VCB)’s leader has recently said that the bank may take merger and acquisition (M&A) route when [...]
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PGBank’s credit growth at 0.6pct in 2013

16-Apr-2014 Intellasia | Dan Viet | 6:00 AM

Petrolimex Group Commercial Joint Stock Bank (PGBank) has lately published its business performance report in 2013 with total outstanding loans of 13.866 trillion dong as of [...]
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Bank information security fine – c.bank

16-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

The central bank has said with confidence that the banking sector’s e-banking services remain safe. The State Bank of Vietnam’s assurance came after the media [...]
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SBV circular sets restrictions for credit institution ‘families’

16-Apr-2014 Intellasia | VNS | 6:00 AM

The total credit limit granted to founding shareholders, major shareholders, family members and related parties must not exceed 5 per cent of the charter capital of a credit [...]
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Capital raised on STC surges

16-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

Corporations on the Hochiminh Stock Exchange (STC) reported a double year-on-year increase in capital raised through this bourse in the first quarter of the year. STC data [...]
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Market seen moving sideways this week

16-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

Securities firms have predicted the market would not make any significant improvements this week as the publicised business results of leading companies had already been [...]
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Lower blue chips depress shares

16-Apr-2014 Intellasia | VNS | 6:00 AM

Falling blue chips dragged shares down on both stock exchanges yesterday, further dampening investor sentiment. On the HCM City Stock Exchange, the VN Index slida for a third [...]
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TS4 targets profit of 33b dong in 2014

16-Apr-2014 Intellasia | Dau Tu Chung Khoan page 17 | 6:00 AM

In 2014, Seafood Joint Stock Company No 4. (TS4) targets at a revenue of 274 billion dong, pre-tax profit of 33 billion dong and dividend payment of eight percent in cash or [...]
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Foreign investment funds’ tough days over

16-Apr-2014 Intellasia | DNSG | 6:00 AM

After experiencing their toughest days in the period of 2008 to 2011, foreign investment funds saw the “light at the end of the tunnel” in 2012. And now they [...]
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DQC earns pre-tax profit of 26b dong in Q1/2014

16-Apr-2014 Intellasia | Dau Tu Chung Khoan page 17 | 6:00 AM

In its recent annual general meeting (AGM) of Dien Quang Lamp JSC, the Board of directors said that in the first quarter of 2014, the company attained 215 billion dong net [...]
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TLH’s first AGM fails

16-Apr-2014 Intellasia | Dau Tu Chung Khoan page 6 | 6:00 AM

The annual general meeting (AGM) of Tien Len Steel Corporation JSC (TLH) could not happen as planned on April 6, 2014 due to limited number of participants. Specifically, the [...]
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Sudico aims to achieve 150b dong profit in 2014

16-Apr-2014 Intellasia | Dau Tu Chung Khoan page 6 | 6:00 AM

Leaders of Song Da Urban & Industrial zone Investment and Development JSC (Sudico-SJS) hopes to attain 1.300 trillion dong revenue and 150 billion dong pre-tax profit in [...]
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