Archive for February 2nd, 2009

Business briefs February 02

Business briefs February 02

02-Feb-2009 Intellasia | | 8:55 PM

* The State Securities Commission (SSC) on January 22 issued Dispatch No 122/UBCKNN-QLKD to revoke the business license of Thien Phu Securities Joint Stock Co Earlier, the [...]
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VN Index slips 1.88% to 297.52 pts Feb 2

02-Feb-2009 Intellasia | AtpVietnam | HaSTC | 8:53 PM

After a long holiday for Lunar New Year, Vietnam’s stock market today February 2 reopened with another fall and lost the 300 point threshold again. Right in the opening [...]
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EU wants to conduct private FTA negotiations with Vietnam, Thailand and Singapore

02-Feb-2009 Intellasia | Tuoi Tre | Nation | Insideworld | 8:51 PM

Philippe Meyer, Head of the EU’s Free Trade Agreement negotiation mission, during his recent visit to Thailand on January 27 stated that EU wants private negotiations [...]
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January export tumbles, records trade deficit of US$300m

02-Feb-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 8:51 PM

General Statistic Office (GSO) recently reported that the trade deficit in January 2009 was about US$300 million, much lower than US$2.3 billion in last January. The export [...]
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Song Da transportation trade firm to list 5m shares at 10,000 dong par

02-Feb-2009 Intellasia | 01/Feb/2009 Thoi Bao Kinh Te Vietnam | 8:50 PM

Hanoi Securities Trading Centre (HaSTC) on January 23 approved in principle Song Da Transportation and Trade Joint Stock Co to list five million ordinary shares at 10,000 [...]
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Thien Phu securities broker’s business license to be revoked

02-Feb-2009 Intellasia | 31/Jan/2009 Thoi Bao Kinh Te Vietnam | 8:49 PM

The State Securities Commission (SSC) on January 22 issued Dispatch No 122/UBCKNN-QLKD to revoke the business license of Thien Phu Securities Joint Stock Co. Earlier, the [...]
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Fuel retail price increases 20,000 dong per 12-kilogram cylinder in Feb

02-Feb-2009 Intellasia | Nguoi Lao Dong | 8:48 PM

Domestic gasoline retailers forecasted that the fuel retail price could increase by 20,000-30,000 dong to 210,000-215,000 dong per 12-kilogram cylinder in February. [...]
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PetroVietnam posts 250t dong revenue in 2008

02-Feb-2009 Intellasia | 01/Feb/2009 Dien Dan Doanh Nghiep | 8:45 PM

The Vietnam National Oil and Gas Group (PetroVietnam-PVN) recently reported gaining over 250 trillion dong in revenue in 2008, US$11.15 billion in export turnover, achieving [...]
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PV Drilling reports 927b dong profit in 2008

02-Feb-2009 Intellasia | CafeF | 8:44 PM

In the fourth quarter of last year, listed firm PV Drilling for the first time surpassed the one trillion dong revenue threshold but its profit fell strongly against the [...]
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Government considering a 600MW thermo power plant in Phu Tho province

02-Feb-2009 Intellasia | VnExpress | 8:41 PM

Deputy prime minister Hoang Trung Hai assigned Ministry of Trade and Industry to consider and approve a 600 MW thermo power plant project in Phu Tho province under the [...]
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Mobile phone cost will decline

02-Feb-2009 Intellasia | VnExpress | 8:34 PM

All five mobile telecom providers namely VinaPhone, MobiFone, Viettel, S-Fone and EVN Telecom confirmed that in 2009, the cost for basic services such as SMS, call and extra [...]
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Savings rates go down, banks launch promotional programmes to attract depositors

02-Feb-2009 Intellasia | VnExpress | 6:49 PM

From February 1, the dong basic rate was reduced from 8.5% per annum to 7% pa, resulting in the maximum dong lending rate of credit institutions to come down from 12.75% pa [...]
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Lending rate falls to 6% pa

02-Feb-2009 Intellasia | 31/Jan/2009 Dien Dan Doanh Nghiep | 6:48 PM

After the State Bank of Vietnam (SBV)’s decision of reducing the basic rate to 7% a year, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) announced adjusting [...]
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FDI attraction reaches over US$200m in Jan

02-Feb-2009 Intellasia | 31/Jan/2009 Vietstock | 6:46 PM

In January, this year, Vietnam attracted only US$200 million of newly registered foreign direct investment (FDI) capital, a 8.5 fold decrease from the same period last year [...]
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Vietnam’s oil production output targeted at 24m tonnes in 09

02-Feb-2009 Intellasia | Nguoi Lao Dong Online | 6:45 PM

PetroVietnam targets to reach an oil production output of 14 million tonnes in 2009, including 16 million tonnes of crude and condensate oil, and 8 billion cubic metres of [...]
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