Archive for August, 2009
Business, banking and stock market briefs August 31
* 113 enterprises have been assigned the best-Grade AAA rating on the stock market by Credit Information Centre (CIC) under the State Bank of Vietnam (SBV) and the US [...]
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Transaction month finishes with a surge
The stock market today ended August with optimist movements. The VN Index today posted a gain of 10.25 points or 1.91 percent to 546.78 pts, marking the third consecutive [...]
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Two economic scenarios for 2010
The seminar themed “Role of monetary policies for Vietnam after the economic downturn” was held in Da Lat on August 28 by State Bank of Vietnam (SBV) in [...]
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Potential risks in issuing US dollar G-bonds
Following the success of issuing foreign currency bonds worth of $300 million for the first phase, Vietnam’s government continued raising additional $100 million worth [...]
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New challenges for Vietnam’s leather shoes industry
Since the start of 2009, the country’s footwear export brought in nearly $2.791 billion, falling $327 million year-on-year, Vietnam Leather and Footwear Association [...]
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Canada imposes antidumping tax on Vietnam-made shoes
Department of Competition Management, Ministry of Industry and Trade announced that Canada Border Services Agency (CBSA) temporarily has imposed antidumping duties on shoes [...]
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Foreign investors record net purchase in consecutive 10 weeks
On Hochiminh Stock Exchange (STC), between August 24 and 28, foreign investors purchased 16.8 million shares worth 953 billion dong, rising by 345 billion dong from the [...]
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Nearly $3b committed to invest in Can Tho
After the Tourism-Trade and Investment Promotion Conference into Can Tho City held between August 27 and 28, domestic and foreign investors committed to invest nearly $3 [...]
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SCB’s gold deposit rate increased to 4.6pct pa
Saigon Commercial Joint Stock Bank (SCB) has officially increased the interest rate for gold savings with terms of six to 60 months by 0.55 percent to 0.6 percent per year, [...]
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Cashew export turnover falls
During the first seven months this year, Vietnam exported 95,093 tonnes of cashew, bringing an export turnover of $431.71 million, up 6.05 percent in output but down 12.6 [...]
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AsianBondsOnline News Highlights – Week of 24 – 28 August 2009
Gross domestic product (GDP) growth results in the region remain mixed. The Philippines reported GDP growth of 1.5 percent y-o-y for 2Q09, while Malaysia and Thailand [...]
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PVFC finishes selling about 10m PVD shares
PetroVietnam Finance Joint Stock Corp (PVFC) announced that the corporation already finished selling 9.9 million among 14,159,923 PVD shares that the company has owned in [...]
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Dong Nai plastic producer pay 2009 first phase dividend in cash
The Securities Depository Centre announced that Sep 11 would be the registration deadline for Dong Nai Plastic Joint Stock Co (coded DNP) to close the list of shareholders to [...]
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Tribeco lists additional 20m shares on the southern bourse
Ho Chi Minh Stock Exchange (STC) lately announced that Saigon Brewery Joint Stock Co (Tribeco – coded TRI) would officially list additional 20 million shares on the [...]
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Vinashin offloads stake into Bao Viet Group
Bao Viet Group (coded BVH) is seeking shareholders’ approval to hand over the wholly 20.4 million BVH-coded shares held by Vietnam Shipbuilding Industry Group [...]
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