Archive for December, 2007
Company, bank, stock market briefs Dec 31
The Ho Chi Minh Stock Exchange (STC) and the Hanoi Securities Transaction Centre (HaSTC) announced the halt of transactions on December 31 and January 1, 2008 on the occasion [...]
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VN Index rallies in last session of 2007, blue-chip shares increase
The last session of the year Friday December 28 and the second session after Vietcombank’s share auction, the stock market rallied with the VN Index added 5.27 points [...]
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Property ownership confusion
It is not just the difference in colours. When it comes to the property ownership certificate, between the white paper and the red paper -let alone the pink paper in [...]
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Berjaya plans billion dollar urban area
BerjayaLand Berhad of Malaysia plans to develop two real estate projects in the southern province of Dong Nai with investment capital amounting to billions of US dollars. The [...]
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Morgan Stanley buys US$217m stake in PetroVietnam subsidiary
Morgan Stanley (MS.N: Quote, Profile, Research) has paid US$217 million for a 10% stake in PetroVietnam Finance Corp (PVFC), the financial arm of Vietnam’s state oil [...]
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Bao Viet signs US$177m Vinasat-1 deal
Bao Viet, Vietnam’s largest insurance provider, and the Post and Telecommunications Insurance Joint Stock Co. signed a contract to insure the VinaSat-1 satellite, [...]
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Singapore insurer licensed
Singapore’s largest life insurance group Great Eastern Holdings has obtained a licence to operate a wholly-owned subsidiary in Vietnam. Some S$60 million of initial [...]
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Baby dies after teacher taped mouth to quell crying
A 19-month-old girl died in HCM City on Friday, nearly a month after being asphyxiated by her preschool teacher, who taped her mouth shut to silence her crying. Do Ngoc Bao [...]
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Bird flu strikes in southern province
Bird flu has killed hundreds of ducks and chickens in southern Tra Vinh Province. The Vietnam Animal Health Department has confirmed that the deaths this week in the [...]
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Burma detects new bird flu outbreak
A new bird flu outbreak has been detected in Burma’s eastern Shan State close to the Thai border, a state-run newspaper reported Saturday. The H5N1 virus was detected [...]
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Egypt announces new bird flu death
Egypt’s health ministry on Sunday December 30 announced the death of a 25-year-old woman from the H5N1 strain of bird flu—the second case in a week. Fatma Fathi [...]
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Unfolding global credit crunch exposes capacity to disregard lessons of the past
In The March of Folly, the historian Barbara Tuchman meditated on the rulers through history who pursued policies evidently at odds with their own interests, from the Trojans [...]
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400 Vietnamese workers evacuated from oil rig after radioactive device goes missing
More than 400 Vietnamese workers were evacuated from an oil rig after a radioactive device was lost, officials and state media said Sunday December 30. Nearly 200 panicked [...]
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Local firms join Anpha Capital
Ten local institutions officially became members of Anpha Capital’s two new funds, the Anpha Capital Equity Fund (ACE) and Anpha Capital Property Fund (ACP) following a [...]
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Three Congolese nabbed with US$300,000 undeclared cash
Customs at the southern Tay Ninh province on December 12 said they found three Congolese men who were leaving the country for Cambodia with US$313,600 without the declaring [...]
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