Archive for May 18th, 2009
VN Index slightly increase 0.18% to 390.85 points May 18
Today, VN Index stayed at 390.85 points, the second consecutive increase session with an increase of 0.69 points (up by 0.18% against the previous session) The market [...]
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Profit crimped despite rising deposit rates
The market continues seeing sharp increase of interest rates this week, stifling profitability of traditional channels. Since the start of May, dong deposit interest rates of [...]
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More goods items entitled to VAT cuts
The finance ministry has added thousands of goods items into the list of goods, of which value added tax (VAT) is halved to 5 percent from 5 percent. According to Circular [...]
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Geleralexim starts construction work of a new office building
The Vietnam National General Export-Import Joint Stock Co No 1 (Geleralexim) held a groundbreaking ceremony of the building 130 Nguyen Duc Canh St, Hanoi. This will be a [...]
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Constrexim reports 4.6b dong ‘08 profit
Phuc Hung Investment Construction and Import-Export Joint Stock Co (Phuc Hung Constrexim) just released the 2008 business report in which the company’s sales and [...]
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Machinco 1’s profit in 2008 reaches 2.943b dong
At its annual general meeting, Machinery Joint Stock Co (Machinco1) announced total revenue last year of 261.304 billion dong, after tax profit of 2.943 billion dong and EPS [...]
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Becamex Pharma sets profit target of 6.1b dong in 2009
Becamex Pharmaceutical Joint Stock Co (Becamex Pharma) planned to achieve its targeted 2009 turnover of 132.12 billion dong, pre-tax profit of 6.1 billion dong and EPS of [...]
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Ground-levelling for Thai Binh Electricity Centre
The PetroVietnam Power Corp (PV Power) cooperated with PetroVietnam Construction Joint Stock Co to start the ground-levelling work for construction project of Thai Binh [...]
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IndochinaLand invests in 5 project in Quang Nam and Da Nang
Phu My Hung Joint Venture announced that the company would introduce its project of Riverpark Residence Complex at the beginning of July 2009. This is the first project in [...]
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VCSC announces 2008 profit of 12b dong
Viet Capital Securities Joint Stock Co (coded VCSC) revealed its business report for 2008 in the shareholders meeting held on May 16 with total revenue of 133.18 billion dong [...]
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PVC plans to be listed in HASTC in Q3
At its shareholders meeting held on May 16, PetroVietnam Construction Joint Stock Corp (PVC) announced its plan to list its shares on Hanoi Securities Trading Centre (HASTC) [...]
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Public investment funds post profit
Till May 9, 2009, the net asset value (NAV) of most public investment funds in Vietnam market increased compared with the end of 2008. Among 32 funds, only eight continued [...]
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EVNiT, EVN Telecom to be merged
Deputy prime minister Nguyen Sinh Hung has issued Official Letter No 3062/VPCP-DMDN allowing Information Technology Centre of Vietnam Electricity (EVNiT) to be merged into [...]
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First foreign real estate trading floor opened
Savills Vietnam has opened the real estate trading floor at Pacific Place building addressed No 83B Ly Thong Kiet (Hanoi), marking the appearance of first foreign property [...]
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TTP announces April profit of 86b dong
Tan Tien Plastic Packaging Joint Stock Co (coded TTP) announced that the company’s revenue in April of 86.5 billion dong. TTP achieved 320 billion dong of accumulative [...]
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