Archive for May 29th, 2009
Stock market continues seeing a dip
The stock market today continued witnessing another dip when VN Index fell 0.91 percent down to 411.61 pts with a total market trade of 47.79 million shares worth 1.446 [...]
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Business, banking and stock market report May 29
* Ministry of Finance’s Price Management Department released Official Letter No 113/CQLG-TLSX ordering petrol traders to retain the retail price. However, the traders [...]
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Gold price closer to 21m dong/oz
The domestic gold market today morning established a new record after three dipping sessions. The selling price of pieced gold surpassed 20.9 million dong an ounce, surging [...]
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SSM to pay dividend
VINECO.SSM Steel Structure Manufacture Joint Stock Co (coded SSM) will close the list of shareholders to pay the third phase dividend for last year on June 8, 2009, reported [...]
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Coma 18 raises chartered capital
Construction Machinery Joint Stock Co No 18 (coded Coma 18) announced it would offer shares to the public in order to raise capital for WESTA high-class building project. In [...]
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Bong Sen Corp expects 78.56b dong profit
Bong Sen Joint Stock Corp recently planned to earn a revenue of 256.68 billion dong, after tax profit of 78.56 billion dong and a dividend of 22 percent, according to the [...]
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Brokers anticipate resurging FII interest in emerging markets
The global financial-economic crisis was expected to see a significant pull back of foreign direct investment into Vietnam and in the first four months there was indeed a [...]
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Companies switch focus to raisings via convertible bonds
Though the shareholders meeting season of 2009 almost ends, companies still set to raise chartered capital. However, despite the worries and foreseeable lessons on the [...]
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Vietinbank plans listing on STC from July
Pham Huy Hung, chair of Vietnam Industrial Commercial Joint Stock Bank (Vietinbank) said that the share price of Vietinbank could be around five times over par value thanks [...]
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SBV loosens valuable paper mortgage lending
State Bank of Vietnam (SBV) governor on May 27 issued Circular No 11/2009/TT-NHNN amending Section 1 Clause 7 Circular No 03/2009/TT-NHNN dated March 2, 2009 ruling on the [...]
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Ministry orders no change in retail petrol prices
Ministry of Finance’s Price Management Department released Official Letter No 113/CQLG-TLSX ordering petrol traders to retain the retail price. However, the traders are [...]
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Tan Thanh urban developer prepares for IPO
Tan Thanh Urban Work Co Ltd on May 18 will auction 917,833 shares at 10,000 dong par to the public through the consultant of EAB Securities Co. Investors can deposit from May [...]
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MECO to issue 1m convertible bonds June 16
Comeco Joint Stock Co (coded COM) has announced that it would one million convertible bonds coded MECO_CB2009 with a total value of 100 billion dong on June 16 These are [...]
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TCT issues about 1.6 bonus shares for current shareholders
Nui Ba Tay Ninh Car Cable Joint Stock Co (coded TCT) lately announced to close the company’s list of shareholders to pay bonus in shares. The deadline for registration [...]
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SJD pays 2008 cash dividend
Can Don Hydropower Joint Stock Co (coded SJD) announced that the deadline to close the list of shareholders to pay 2008 dividend would be on June 5. Dividend payment for 2008 [...]
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