Archive for January 4th, 2008

Company, bank, stock market briefs Jan 04

Company, bank, stock market briefs Jan 04

04-Jan-2008 Intellasia | | 9:02 PM

The Ho Chi Minh Stock Exchange today January 04 saw another plunge on the stock market when the VN Index slashed another 5.16 points or 0.56% to close at 903.09 pts with the [...]
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VN Index slides to 900 pts

04-Jan-2008 Intellasia | 03/Jan/2008 Tin Nhanh Chung Khoan | 5:51 PM

The central stock market in the second session of New Year happened not as expected of investors due to almost shares continued falling that dragged the VN Index and HaSTC [...]
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Vietnam Airlines and Vietnam Aircraft Leasing order 12 Boeing 787s for about US$2b

Vietnam Airlines and Vietnam Aircraft Leasing order 12 Boeing 787s for about US$2b

04-Jan-2008 Intellasia | AP | 5:15 AM

Vietnam Airlines and Vietnam Aircraft Leasing Co have ordered 12 of Boeing Co.’s 787-8 aircraft for about US$2 billion. Vietnam Airlines will buy four of the planes and [...]
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Gamuda receives investment certificate for massive sewage project

Gamuda receives investment certificate for massive sewage project

04-Jan-2008 Intellasia | Bernama | 5:15 AM

Gamuda land Vietnam LLC, a subsidiary of Gamuda Bhd in Vietnam has been granted an Investment Certificate by the Hanoi City People’s Committee to develop the Yen So [...]
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Saigon apparel maker reports performance 2007

04-Jan-2008 Intellasia | 31/Dec/2007 ATPVietnam | 5:15 AM

Listed firm Saigon Garment Production and Trading Joint Stock Co coded GMC announced 347 billion dong in revenue in 2007, up 139% as compared with the year’s target of [...]
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Minh Hai Seafood processor to list on STC

04-Jan-2008 Intellasia | 02/Jan/2008 ATPVietnam | 5:15 AM

The Ho Chi Minh Stock Exchange (STC) on January 2 reported receiving necessary proceedings from the Minh Hai Export Frozen Seafood Processing Joint-Stock Co (Minh Hai [...]
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Retail punters upset over late disclosure of substantial shareholder changes

Retail punters upset over late disclosure of substantial shareholder changes

04-Jan-2008 Intellasia | Thanh Nien | 5:15 AM

Retail investors are unhappy that many listed companies fail to announce large transactions that take place in their shares, an act that could distort the relatively small [...]
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Natural disasters claim 435 lives in Vietnam last year

Natural disasters claim 435 lives in Vietnam last year

04-Jan-2008 Intellasia | Xinhua | 5:15 AM

Natural disasters, mainly floods, hail, landslide and storms, claimed 435 lives and left 850 others missing or injured in Vietnam last year, Vietnam News newspaper reported [...]
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Ba Ha river thermo power producer established

04-Jan-2008 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 5:15 AM

Ba Ha River Thermo Power Joint Stock Co on January 2 officially made it debut with a chartered capital of 1.28 trillion dong, accounting for 128 million ordinary shares at [...]
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Vietnam, Laos and Cambodia cooperate in building power grid

04-Jan-2008 Intellasia | ATPVietnam | 5:15 AM

A cooperation agreement on power to build two electric wires funded by the World Bank (WB) valued at around US$18 million was signed between Vietnam, Laos and Cambodia on [...]
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Sacombank expands to China

Sacombank expands to China

04-Jan-2008 Intellasia | Thoi Bao Kinh Te Vietnam | 5:15 AM

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on January 8 will officially open the representative office as a non-profit and non-business office in Dia Vuong [...]
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Spiralling interest rates

Spiralling interest rates

04-Jan-2008 Intellasia | 02/Jan/2008 Dau Tu Chung Khoan page 41 | 5:15 AM

In a bid to gain initiatives in capital supply for the increasing demand by the end of the year, just in the start of the fourth quarter of last year banks urgently entered [...]
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Singaporean life insurer licensed

04-Jan-2008 Intellasia | Thoi Bao Kinh Te Vietnam | 5:15 AM

The Ministry of Finance late last week licensed Singaporean life insurer Great Eastern to set up 100% foreign owned life insurance company with a total initial capital of [...]
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Foreign banks in Vietnam make bigger profits in 2007

Foreign banks in Vietnam make bigger profits in 2007

04-Jan-2008 Intellasia | Xinhua | 5:15 AM

Foreign-invested banks and credit organisations in Vietnam reaped total pre-tax profit of over 2.4 trillion dong (US$150 million) in 2007, up from 1.7 trillion dong in 2006. [...]
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Vietnam’s banking sector performance after one year of WTO entry

Vietnam’s banking sector performance after one year of WTO entry

04-Jan-2008 Intellasia | 02/Jan/2008 Dau Tu Chung Khoan page 38 | 5:15 AM

The operation of Vietnamese banks after one year of entering WTO still grew normally, excepting the fairly rapid development of many banks. This seemed to be different from [...]
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