Archive for June, 2009
VN Index slides from 450 pts
The stock market today June 30 continued decreasing when the VN Index slumped by 12.13 points or 2.63 percent against yesterday to end at 448.29 points. The market [...]
» More
Business, banking and stock market briefs June 30
* International Consumer Products Corp (ICP) has clinched a deal to buy 51 percent stake in ‘Thuan Phat Food Joint Stock Co and to be a strategic partner of one of the [...]
» More
Worst period of Vietnamese economy over, says ANZ
Vietnam’s Q1 GDP grew by 3.9 percent year on year and Q2 growth surged 4.5 percent quarter on quarter. All GDP statistics of Vietnam could be publicised in this week, [...]
» More
VTV sells 128,600 shares
Material and Cement Transportation Joint Stock Co (coded VTV) has announced to sell the company’s shares on the market with the total number of 128,600 shares. The [...]
» More
Forex trading rate may be expanded
In parallel with the slight reduction of the inter-bank interest rate on recent days, the forex rate continues increasing. The central bank’s decision of raising the [...]
» More
Investors indifferent to UPCoM
Experiencing three trading sessions, UPCoM has so far failed to attract much investors, although experts said that the market has great potential of transactions. Unlike the [...]
» More
Brokerage upbeats on Vietnamese banking prospect
Despite the fiercer competition with foreign banks, local lenders still see a high potential in growth. The credit growth rate slumped from 53.8 percent in 2007 to 20.4 [...]
» More
2009 CPI expected to increase to 7.51 pct
The National Centre for Socio-economic Information and Forecast (NCSEIF), under Ministry of Planning and Investment has predicted that there would be positive changes in [...]
» More
42 provinces fail to attract FDI
The report of Foreign Investment Department, Ministry of Planning and Investment released lately about attracting foreign direct investment (FDI) in the first half of 2009 [...]
» More
Securities backed loan limited at 3b dong
Click&Phone Securities Joint Stock Co has announced that it started cooperating with Maritime Bank-Cau Giay Branch to launch the securities mortgage lending service with [...]
» More
Foreign investors can buy all listed shares of Vietcombank
Under current laws, the foreign holding in local commercial joint stock bank is limited to 30 percent of lender’s chartered capital. Vietcombank now has a chartered [...]
» More
FPT plans to issue 1.8tr dong of convertible bonds
FPT Joint Stock Co has announced that it would seek the shareholders’ approval on the convertible bond issue plan at the extraordinary meeting on July 4. Accordingly, [...]
» More
Sacombank introduces new banking products
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has launched its new product called “Tiet Kiem Dai Cat”. This product is designed for the individual [...]
» More
HSBC Vietnam gets approval for services relating to bonds
The governor of State Bank of Vietnam (SBV) has issued Decision No 1535/QD-NHNN on June 29 allowing HSBC Bank (Vietnam) Ltd to provide consultancy services and to act as the [...]
» More
Total budgetary collection reaches 171tr dong
The state budgetary collection in the first half of June is estimated at 14.9 trillion dong, bringing the total figure of Jan-June to 171 trillion dong, fulfilling 43.9 [...]
» More
