Archive for December, 2007

Company, bank, stock market briefs Dec 31

Company, bank, stock market briefs Dec 31

31-Dec-2007 Intellasia | | 8:42 PM

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

31-Dec-2007 Intellasia | 28/Dec/2007 Tinh Nhanh Chung Khoan | 5:49 PM

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

31-Dec-2007 Intellasia | The Saigon Times Daily page 3 | 4:31 PM

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

Berjaya plans billion dollar urban area

31-Dec-2007 Intellasia | The Saigon Times Daily page 1 | 4:29 PM

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 buys US$217m stake in PetroVietnam subsidiary

31-Dec-2007 Intellasia | Reuters | 4:28 PM

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 signs US$177m Vinasat-1 deal

31-Dec-2007 Intellasia | Satellitetoday | 4:27 PM

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 insurer licensed

31-Dec-2007 Intellasia | Channelnewsasia | 4:26 PM

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

31-Dec-2007 Intellasia | Thanh Nien | 4:25 PM

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 strikes in southern province

31-Dec-2007 Intellasia | VNS | 4:23 PM

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

31-Dec-2007 Intellasia | Japan Today | 4:20 PM

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 announces new bird flu death

31-Dec-2007 Intellasia | AFP | 4:18 PM

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

31-Dec-2007 Intellasia | Dow Jones Newswires | 4:16 PM

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

400 Vietnamese workers evacuated from oil rig after radioactive device goes missing

31-Dec-2007 Intellasia | AP | 4:14 PM

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

31-Dec-2007 Intellasia | VNS | 4:11 PM

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

31-Dec-2007 Intellasia | Nhan Dan | 4:10 PM

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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