Archive for July 21st, 2009
Fitch affirms Vietnam’s Bidv at individual ‘D/E’
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
* 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
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
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
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
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
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
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
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
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
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
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
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
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
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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