Archive for July 21st, 2009

Fitch affirms Vietnam’s Bidv at individual ‘D/E’

21-Jul-2009 Intellasia | The Asian Banker | 10:32 PM

Fitch Ratings has affirmed Bank for Investment and Development of Vietnam’s (Bidv) Individual rating at ‘D/E’ and Support rating at ’4′. [...]
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Business, banking and stock market briefs July 21

Business, banking and stock market briefs July 21

21-Jul-2009 Intellasia | | 8:40 PM

* The southern region branch of Vietnam Steel Corp. has revised up its steel wholesale prices by 300,000 dong and 400,000 dong to about 11.4 million dong and 11 million dong [...]
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VN Index ends at 416.43pts

21-Jul-2009 Intellasia | AtpVietnam | HNX | 8:37 PM

Today Vietnam’s stock market reversed slightly, although the investors on the market remained doubtful about the real increasing session when VN Index increased by 3.55 [...]
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Two Japanese contractors banned in Vietnam

21-Jul-2009 Intellasia | Vietstock | 8:34 PM

Apart from 34 domestic enterprises that have been banned from bidding participation by Ministry of Transportation, there are two Japanese enterprises whose tendering rights [...]
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HDC earns 18.4b dong in Q2 profit

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 8:33 PM

Ba Ria-Vung Tau Housing Development Joint Stock Co (coded HDC) has announced that its Q2 profit after tax reached 18.4 billion dong, equal to 231 percent against the previous [...]
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BVEC to build two expressways by Q3

21-Jul-2009 Intellasia | Saigon Economic Times | 8:32 PM

Bien Hoa-Vung Tau Expressway Development Joint Stock Co (BVEC) is scheduled to start work on the road line linking Dong Nai province’s Bien Hoa City with Vung Tau City [...]
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12.5tr dong invested in Phu Bai Airport project

21-Jul-2009 Intellasia | CafeF | 8:30 PM

Prime minister has approved construction plan for Phu Bai International Airport with total investment value of 12.571 trillion dong on July 20. The capital will be raised [...]
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M&A in Vietnam less professional

21-Jul-2009 Intellasia | Nguoi Lao Dong | Saigon Economic Times | 6:41 PM

The seminar titled “Mergers & Acquisitions – M&A in the economic integration and depression” was held by Ministry of Industry and Trade’s [...]
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Credit tightened up in H2

21-Jul-2009 Intellasia | Saigon Tiep Thi | 6:39 PM

With the required lending rate of maximum 25-27 percent in 2009, banks that previously had provided much loans will have to re-calculate solutions to curb the rapid credit [...]
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VND-Index mulled

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 6:38 PM

Bien Viet Securities Co (CBV) in conjunction with Korea’s Woori Securities and Investment Ltd Co yesterday introduced the set of VND-Index measuring the power of dong. [...]
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OceanBank launches Internet Banking services

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 10 | 6:37 PM

Ocean Commercial Joint Stock Bank (OceanBank) announced that its Internet Banking services would officially be launched on July 24. The new services will allow the customers [...]
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SBV allows TienPhongBank to offer new products

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 10 | 6:36 PM

The State Bank of Vietnam (SBV) has issued the document No 5440/NHNN-CSTT in which SBV’s governor approved Tien Phong Commercial Joint Stock Bank [...]
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Steel price increases by 400,000 dong per tonne

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | 6:35 PM

Vietnam Steel Association (VSA) announced that many steel enterprises have increased the construction steel price by 400,000 dong per tonne on July 20. In details, Vietnam [...]
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SSI gains 1.996tr dong of surplus capital

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:33 PM

Saigon Securities Joint Stock Co (coded SSI) has announced in its united accounting balance report yesterday that up to June 30, the company’s ownership equity of 4.245 [...]
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Hydropower Co reaches H1 profit of 236b dong

21-Jul-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:32 PM

Vinh Son Song Hinh Hydropower Joint Stock Co (coded VSH) has estimated to earn 236 billion dong in profit after tax in Jan-June, in which the company’s Q2 profit was [...]
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