Archive for April, 2006
VN Index dips 4.4% as supply matches demand
Investors experienced an unexpected adjustment in the share supply-demand on April 27 when massive share sell offs were taken by individual traders profit taking analysts [...]
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Bankcard market to have 19th member
The State Bank of Vietnam (SBV), the country’s central bank has officially given go ahead to Vietnam Bank for Private Enterprises or VPBank to provide and pay domestic and [...]
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Tough competition to join banking 1tr dong club
Nowadays it seems the chartered capital hike is the key competition target of most banks in Vietnam. And the destination that joint stock banks in HCM City, the country’s [...]
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Asean duty cuts rolled back three years
Import duties on cars and motorbikes imported from Asean countries will be gradually cut from 2007, and for total removal in 2018 instead of 2015 as previously scheduled. [...]
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National holiday mulled for founding king
Vietnam will have one more holiday to mark the death of King Hung 4,000 years ago in if the National Assembly approves the proposal by three ministries at its upcoming [...]
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Italy funds training for government policy makers
The Italian government has given the go ahead to a project to help Vietnam train officials in economic policy making, said foreign ministry spokesman Pasquale Terracciano in [...]
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MPI calls to cut coal exports to China
The Ministry of Planning and Investment has proposed the government to reduce coal export to China, saying that the high export volume will have negative impact on the [...]
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All banknotes to be Australian-made polymer bills
The State Bank of Vietnam’s money issuance department is waiting for government office approval for the SBV to issue Australian-made polymer banknotes of 10,000 and 20,000 [...]
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Orient Commercial Bank to double chartered capital
Orient Commercial Bank has officially announced that it would increase its chartered capital from the current 300 billion dong to 630 billion dong in 2006. This plan was [...]
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Maritime Bank raises chartered capital
Vietnam Maritime Commercial Joint Stock Bank (MSB) yesterday April 27 officially received the approval of the State Bank of Vietnam (SBV) to raise its chartered capital to [...]
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Citigroup awards Techcombank
The Hanoi-based Technological and Commercial Joint Stock Bank (Techcombank) on April 26 received the certificate for the outstanding international payment bank of the fiscal [...]
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Vietnam companies invest US$34m abroad
The Ministry of Planning and Investment reported Vietnamese companies have invested five projects worth about US$34.5 million in United States, Singapore, Malaysia, Lao and [...]
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Seminar held to bolster domestic brand names
Being considered the most attractive retail market in the world until 2020, Vietnam has become a destination for many leading retail groups in the world. At a seminar on the [...]
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NYK invests in Vietnam Ocean Shipping Agency
Singapore: NYK Group South Asia Pte. Ltd, NYK’s subsidiary in Singapore, acquired a 2.75% stake (320,000 shares) in the Vietnam Ocean Shipping Agency (VOSA) when the Agency [...]
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CII to sell convertible bonds after listing
HCM City Infrastructure Investment Joint Stock Co (CII) will issue convertible bonds after it lists shares on the local bourse as told by the State Securities Commission. CII [...]
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