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Archive for February 4th, 2009

Business briefs February 04

04-Feb-2009 Intellasia | | 8:18 PM

* The State Securities Commission (SSC) on February 3 issued a series of decisions No 46-48-49/UBCK-GP granting establishment and operation licenses to three fund management [...]
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Both VN Index, HaSTC Index lose Feb 04

04-Feb-2009 Intellasia | AtpVietnam | HaSTC | 8:16 PM

Vietnam’s stock market today February 4 continued going down, marking the third consecutive decline since reopening after the Lunar New Year. In the first phase, the [...]
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Listed firms release 2008 business results

04-Feb-2009 Intellasia | Dau Tu Chung Khoan page 14 | 8:15 PM

2008 was a rough year for both global and domestic economies but economic difficulties were more visible in the fourth quarter of last year. A lot of companies announced Q4 [...]
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Vietcombank Connect24 marks record of 3m cards

04-Feb-2009 Intellasia | Lao Dong | 8:14 PM

The Bank for Foreign Trade of Vietnam (Vietcombank-VCB) recently said that up to the first month of this year, the number of cards with the trade name Vietcombank Connect24 [...]
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Series of securities brokers may face bankruptcy

04-Feb-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 8:11 PM

The strong downturn in Vietnam’s stock market during 2008 along with low transparency on both floors, Ho Chi Minh Stock Exchange (STC) and Hanoi Securities Trading [...]
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Three more fund management firms established

04-Feb-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 8:04 PM

The State Securities Commission (SSC) on February 3 issued series of decisions No 46-48-49/UBCK-GP granting establishment and operation licenses to three fund management [...]
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Construction of 450b dong steel structure building mill begins

04-Feb-2009 Intellasia | Sai Gon Giai Phong Online | 8:00 PM

The management board of Dung Quat Economic Zone and Central Dai Dung Steel Structure Joint Stock Co yesterday started work on the high industrial steel building producing [...]
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Cadovimex II inaugurates 30,000 tonne/year seafood processing factory

04-Feb-2009 Intellasia | Sai Gon Giai Phong Online | 7:59 PM

Cadovimex II Seafood Processing and Export Import Joint Stock Co on Tuesday put the seafood processing factory in Lot II-8, expanded C area of Sa December Industrial Zone in [...]
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Petroleum traders claim losses, want government to reduce import duty

04-Feb-2009 Intellasia | 03/Feb/2009 Vietnamnet | Vietstock | 6:59 PM

Prices of basic goods such as coal, gas, electricity have reduced or are expected to reduce. Consumers are also expecting retail sale oil price to decrease however such an [...]
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Banks to support interest rates for borrowers

04-Feb-2009 Intellasia | 02/Feb/2009 Nguoi Lao Dong | 6:55 PM

The State Bank of Vietnam on February 4 and 5 will hold a meeting on credit activities and instructing implementation of Decision 131/QD-TTg of the prime minister on [...]
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Ba Ria Vung Tau province attracts nearly US$6b investment capital

04-Feb-2009 Intellasia | Lao Dong Online | 6:54 PM

The southern province of Ba Ria Vung Tau led the country in terms of attracting investment capital with total registered capital of nearly US$6 billion. The information was [...]
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SHB licensed to list 50m shares on northern floor

04-Feb-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 6:53 PM

Hanoi Securities Trading Centre (HASTC) yesterday approved Saigon Hanoi Commercial Joint Stock Bank to list 50 million SHB coded shares worth 500 billion dong on the bourse. [...]
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VietABank allowed to launch foreign exchange services in international market

04-Feb-2009 Intellasia | 03/Feb/2009 State Bank of Vietnam | 6:52 PM

The State Bank of Vietnam’s (SBV) governor on February 2 issued an Official Document No 610/NHNN-CNH allowing Viet A Commercial Joint Stock Bank (VietABank) to launch [...]
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PG Bank successfully underwrites issuing VEC bonds

04-Feb-2009 Intellasia | Dau Tu Chung Khoan page 29 | 6:49 PM

The Global Petrol Commercial Joint Stock Bank (PG Bank) recently succeeded in underwriting for the issuance of bonds of Vietnam Expressway Development Investment Co (VEC) in [...]
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VIB posts nearly 35t dong in total assets

04-Feb-2009 Intellasia | Dau Tu Chung Khoan page 20 | 6:46 PM

Up to the end of 2008, Vietnam International Commercial Joint Stock Bank (VIB) posted nearly 35 trillion dong in total assets, over 23 trillion dong in total deposits, up [...]
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