Archive for April 10th, 2009

Thai protesters breach police and army cordon of Asean summit hotel

Thai protesters breach police and army cordon of Asean summit hotel

10-Apr-2009 Intellasia | AFP | 7:51 PM

Hundreds of Thai anti-government protesters Friday Apr 10 reached a hotel hosting a major Asian summit after breaking through a final security cordon, AFP reporters said. [...]
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Business, banking and stock market report April 10

Business, banking and stock market report April 10

10-Apr-2009 Intellasia | | 6:40 PM

* Dinh La Thang, chair of Vietnam National Gas and Oil Group (PetroVietnam) said that the government allowed PetroVietnam to sell 49% stake of Dung Quat oil refinery to [...]
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VN Index surges 14.77 pts between April 6 and 10

10-Apr-2009 Intellasia | Atp | CafeF | HASTC | STC | 6:37 PM

As the last session of this week ended today April 10, Vietnamese stock market rebounded when the VN Index of Ho Chi Minh Stock Exchange (STC) exceeded the 325 point [...]
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Import turnover of foreign invested companies could plunge 15% in ’09

10-Apr-2009 Intellasia | Nguoi Lao Dong | 6:36 PM

At a seminar with foreign invested enterprises, held yesterday in HCM City, minister of Industry and Trade Vu Huy Hoang confirmed that the export turnover of foreign invested [...]
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LongGiang Land to pay dividend of 12%

10-Apr-2009 Intellasia | Dau Tu Chung Khoan page 20 | 6:35 PM

Long Giang Urban Investment and Development Joint Stock Co (LongGiang Land) has released the 2008 business results with total revenue of over 228.72 billion dong, after-tax [...]
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Song Da infrastructure construction firm plans listing by this May

10-Apr-2009 Intellasia | Dau Tu Chung Khoan page 20 | 6:34 PM

Song Da Infrastructure Construction Joint Stock Co (SICO) reported supplementing the application to ask HASTC’s permission to list on the bourse. If being approved, the [...]
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Sunprotexim plans ’09 revenue of 550b dong

10-Apr-2009 Intellasia | Dau Tu Chung Khoan page 20 | 6:33 PM

Sunprotexim Ltd Co last year reported 553.969 billion dong in revenue, up 13.35% from 2007, 2.544 billion dong in after-tax profit, rising by 10.46% y-o-y, EPS of 25,442 dong [...]
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PXP fund expects VN Index to rebound to 400pts by end of year

10-Apr-2009 Intellasia | 09/Apr/2009 Thoi Bao Kinh Te Vietnam | 6:32 PM

The VN Index will rebound and tip over the 400 point mark by the end of this year, according to general director of PXP Vietnam Asset Management Kevin Snowball. However, he [...]
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Vietnam brokerages take profit hit

10-Apr-2009 Intellasia | Dau Tu Chung Khoan | 6:30 PM

Up to nearly 70% of 26 securities companies announced the 2008 fiscal reports with losses, even some with substantial losses. The reality is like Nguyen Thanh Ky’s [...]
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Small market price, big opportunity

10-Apr-2009 Intellasia | 09/Apr/2009 Dau Tu Chung Khoan | 6:29 PM

Most fund certificates such as VF1, VF4, PRUBF1 and MAFBF1 are being traded at prices equal to 50% or even 40% of net asset value (NAV) on each fund certificate for a while [...]
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Techcombank signs cross-border payment contract with China’s ICBC

10-Apr-2009 Intellasia | Dau Tu Chung Khoan page 26 | 6:27 PM

Vietnam Technological Commercial Joint Stock Bank (Techcombank) and Industrial and Commercial Bank of China (ICBC) on April 9 signed a cross border payment agreement [...]
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Private companies still snubbed for government’s soft loans

10-Apr-2009 Intellasia | Thanh Nien | 6:24 PM

In the dialogue with businesses and banks, held on April 9 by HCM City Trade and Investment Promotion Centre, corporate participants still complained that they were difficult [...]
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Sacombank earns 350b dong profit in Q1

10-Apr-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 6:23 PM

Up to the end of March 2009, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) reached over 350 billion dong in pre-tax profit after deducting money for the credit [...]
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Maritime Bank gains Q1 profit of 230b dong

10-Apr-2009 Intellasia | Dau Tu Chung Khoan page 26 | 6:22 PM

Maritime Commercial Joint Stock Bank (Maritime Bank) reported that it reached 2.660 trillion dong of equity, over 230 billion dong in profit in the first quarter of 2009, a [...]
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Bao Viet life insurer’s profit growth targeted at 200%

10-Apr-2009 Intellasia | Dau Tu Chung Khoan page 26 | 6:21 PM

Bao Viet Life Insurance Co plans to increase the total insurance premium by 6% and the profit growth at over 200% in 2009, according to general director Nguyen Duc Tuan. [...]
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