Archive for June, 2009

VN Index slides from 450 pts

30-Jun-2009 Intellasia | AtpVietnam | HNX | 9:34 PM

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

Business, banking and stock market briefs June 30

30-Jun-2009 Intellasia | | 9:01 PM

* 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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 8:58 PM

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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam Page 2 | 8:57 PM

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

30-Jun-2009 Intellasia | 29/Jun/2009 Vietstock | 8:55 PM

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

30-Jun-2009 Intellasia | 29/Jun/Thanh Nien | 8:53 PM

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

30-Jun-2009 Intellasia | CafeF | 8:52 PM

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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam Page 2 | 8:50 PM

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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam Page 3 | 8:48 PM

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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 8:46 PM

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

30-Jun-2009 Intellasia | CafeF | 8:44 PM

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

30-Jun-2009 Intellasia | CafeF | 8:38 PM

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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam Page 10 | 7:17 PM

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

30-Jun-2009 Intellasia | Thoi Bao Kinh Te Vietnam Page 10 | 7:16 PM

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

30-Jun-2009 Intellasia | Hanoi Moi | 7:15 PM

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