Archive for August, 2007
VN-Index still holding its ground
The VN-Index on August 30 continued to stand steady over the landmark of 900 points for the 5th session in a row due to the low selling volume over the last few sessions. [...]
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SBV forex rates for Aug 31
Interbank rate: 1 US dollar = 16,160.00 dong State commercial bank rates: US$buy 16,231.00 sell 16,241.00 JPY buy 138.70 sell 140.10 GBP buy 32,374 sell 32,699 Euro buy [...]
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Asian Mineral Resources shareholder rights plan takes effect
Asian Mineral Resources Limited (TSX VENTURE:ASN) (the “Company”) announced today that the Shareholder Rights Plan (“Plan”) adopted by its Board on [...]
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Olympus Pacific raises C$25m for Vietnam and Philippines
Last year Canadian listed Olympus Pacific Minerals became the first company to pour gold doré in Vietnam since the Second World War. However like most upstart miners, [...]
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Antibiotic source materials hit by import price hikes
Antibiotics prices in Vietnam have increased up to 50% over the last two months due to imported raw material hikes, according to pharmaceutical companies. According to the [...]
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Proposed majority ownership limits on insurers criticised
A draft Ministry of Finance regulation would limit individuals and organisations to holding no more than 10% and 20%, respectively, of insurance company’s total equity. [...]
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Economic overview Jan-Aug
The country’s economic growth rate in the first eight months of 2007 reached a fair high, particularly August industrial output increased by 18.7% over last August. [...]
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Person charged by UN-backed Cambodia court appeals
The first person to be charged by the United Nations-backed tribunal in Cambodia trying Khmer Rouge leaders accused of mass killings and other crimes three decades ago has [...]
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Elixir Group delivers Cambodian agreement
VendingData Corp (AMEX:VNX) announced today that Elixir Group Limited (“Elixir”) has delivered agreements for a total of 450 electronic gaming machines on a [...]
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Asian millionaires switch from running own hotels to hiring professional managers
Traditionally, owner-operators have dominated the hotel industry in Asia, but this is changing. With private equity and institutional investors pouring billions of dollars [...]
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EU to observe first post-coup election in Thailand
Thai prime minister Surayud Chulanont and the country’s Election Commission confirmed on Wednesday August 29 the European Union observers would be welcomed to observe [...]
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Bird flu breaks out again in Mekong Delta
Vietnamese animal health authorities reported Monday they found the H5N1 strain of bird flu virus in ducks in the Mekong Delta’s Tra Vinh province, the fifth province [...]
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‘No-evacuation required during a bird flu outbreak’— breakthrough technology to be presented at US bird flu summit
The worldwide fear against the pandemic threat of the avian flu is soon to be allayed at the 5th International Bird Flu Summit organised by New-Fields Exhibition Inc., as Dr [...]
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Most Hanoi hospital staff sell medical waste for personal gain
Most of hospitals in Vietnam’s capital Hanoi sell refuse, including hazardous wastes, to scrap collectors, local newspaper Saigon Liberation reported Wednesday August [...]
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Laos heroin smuggler sentenced to life
A Vietnamese court sentenced a Laotian drug dealer to life for smuggling 6.3 grams of heroin into the central Ha Tinh province. Va Toong Vu, 49, was arrested last April in Ha [...]
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