Archive for February 24th, 2005

Malaysian Mining Corp mulls US$80m titanium plant

24-Feb-2005 Intellasia | 22/Feb/2005 Dai Doan Ket page 2 | 2:27 PM

Malaysia Mining Corp said it is considering increasing investment in its mineral sands mining joint venture Bimal in Binh Dinh province to process the high-quality titanium [...]
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Forex rate falls after Tet

24-Feb-2005 Intellasia | 23/Feb/2005 Saigon Times Daily page 2 | 2:26 PM

The dollar/dong exchange rate has fallen after the wind up of the Tet or Lunar New Year holidays. The ceiling rate opened at 15,797 on February 14 and fell in the following [...]
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Hanoi stock trading centre set to go: director

24-Feb-2005 Intellasia | 22/Feb/2005 Thoi Bao Kinh Te Vietnam | 2:25 PM

Hanoi Securities Trading Centre said it is hurriedly completing final preparations for its grand opening day set for March 8. The HSTC said that the country’s second stock [...]
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Bidv offer soft loans to buy shares

24-Feb-2005 Intellasia | 23/Feb/2005 Thoi Bao Kinh Te Vietnam page 3 | 2:24 PM

Bank for Investment and Development of Vietnam (Bidv)-Binh Dinh branch has recently decided to offer soft loans worth 35 billion dong with a maturity of 10 years to employees [...]
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HCM City exports rise 22%

24-Feb-2005 Intellasia | 23/Feb/2005 Kinh Te Vietnam & The Gioi page 4 | 2:24 PM

It is reported that total exports of HCM City based businesses in February reached US$765.7 million, down by 4% compared to last month but up by 5.6% against last year. [...]
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Song Da Corp to raise 200b dong from bonds

24-Feb-2005 Intellasia | 23/Feb/2005 Kinh Te Vietnam & The Gioi page 8 | 2:23 PM

State-owned Song Da Corp this year will need some two trillion dong for project development in such fields as hydroelectricity, building urban areas, housing, transport and [...]
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US investment put at US$2.6b

24-Feb-2005 Intellasia | 23/Feb/2005 Nguoi Lao Dong | 2:23 PM

Vietnam Chamber of Commerce and Industry (VCCI)-HCM City arm in cooperation with the US Trade Office in Vietnam co-organised the seminar titled “Networking with the US”. [...]
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Deposits in HCM City banks rise sharply

24-Feb-2005 Intellasia | 23/Feb/2005 Thanh Nien page 4 | 2:22 PM

Since the Tet [Lunar New Year] holidays, deposits in banks in HCM City have been growing fast and every day banks receive about 700–800 billion dong, reports by the State [...]
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US$9m transferred abroad

24-Feb-2005 Intellasia | 23/Feb/2005 Tuoi Tre page 2 | 2:22 PM

The State Bank of Vietnam–HCM City Branch has granted nearly 880 licenses for individuals to transfer a total of US$9 million, or 142 billion dong. Of the total, US$8.17 [...]
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Singapore group to invest US$90m

24-Feb-2005 Intellasia | 23/Feb/2005 Tuoi Tre page 2 | 2:21 PM

Singapore will likely invest some US$90 million in five projects in Vietnam, pledged Teo Ming Kian, chair of the Singapore Economic Development Board (EDB), who is leading [...]
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HCM City licenses 19 FDI projects

24-Feb-2005 Intellasia | 23/Feb/2005 Thoi Bao Kinh Te Vietnam page 4 | 2:20 PM

The Ministry of Planning and Investment said the HCM City in January issued licenses to 19 foreign direct investment projects and approved capital increase for four projects, [...]
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WB funds Vietnamese NGOs

24-Feb-2005 Intellasia | 23/Feb/2005 Hanoi Moi | 2:19 PM

The World Bank (WB) has recently announced to start up the sixth small support programme with total amount of US$34,000 in order to support domestic non-government [...]
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Urea not required from Phu My fertiliser plant for reserve

24-Feb-2005 Intellasia | 23/Feb/2005 AP | 2:19 PM

Vietnam’s urea fertiliser stockpile will not need additional supplies from the Phu My Fertiliser Plant. This is in contrast to an earlier plan by the Ministry of [...]
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US$55m Vietcombank office building project licensed

24-Feb-2005 Intellasia | 23/Feb/2005 Saigon Times Daily page 2 | 2:18 PM

Vietcombank and two other partners have received approval from the Ministry of Planning and Investment for a US$55million office-building project in a prime location in HCM [...]
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Transport ministry to post procurement notices online

24-Feb-2005 Intellasia | 21/Feb/2005 Buu Dien Viet Nam page 2 | 2:17 PM

The Ministry of Transport and Communications said that by late February it would upload information on ministry public tenders including bid invitation announcements, list of [...]
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