Archive for October, 2009
Vietcombank expects to obtain 4tr dong of profit
The chair of Vietcombank, Nguyen Hoa Binh has reported that till late September, the bank’s profit reached 3.4 trillion dong, equalling to the whole last year’s [...]
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Industrial production value in Oct up nearly 12% y-o-y
The Ministry of Industry and Trade (MoIT) has reported that during the first ten months this year, the country’s industrial production value was estimated at 568.96 [...]
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International visitors to Vietnam down another 25.1%
Vietnam National Administration of Tourism has reported that in October the total number of international tourists to our country fell 25.1% compared to previous month, [...]
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Saigon Asset Management’s funds report Q3 business results
Saigon Asset Management Funds (coded SAM) revealed that Vietnam Equity Holding Fund (VEH)’s new asset index increased by 27.5% against the previous quarter. From the [...]
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Hyundai Vinashin hands over second 56,000 tonne cargo ship
Over six months after signing contract, on October 29, Hyundai Vinashin Shipyard Ltd Co officially named and handed over the second 56,000 tonne cargo ship to the [...]
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Casumina aims to gain 56.8b dong in Q4 profit
Southern Rubber Industry Joint Stock Co (Casumina— coded CSM) has planned to reach total Q4 revenue of 600 billion dong, after tax profit of 56.87 billion dong, and [...]
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RCL surpasses 24% of 2009 profit plan, L61 gains Jan-Sep revenue of 212b dong
Ending the third quarter of this year, Cho Lon Real Estate Joint Stock Co (coded RCL) and Lilama 69-1 Joint Stock Co (coded L61) announced their business results in Q3 and in [...]
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Asian markets boosted by positive economic data
Asian markets were given a boost yesterday Friday Oct 30 after data showed the US had moved out of its worst recession in decades, helping stocks to finish a torrid week on a [...]
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Government urged to lift oil price freeze
The Management Association of the Philippines (MAP) Thursday called on the government to discard its order requiring oil companies to freeze fuel prices, saying this could [...]
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Investment in mining sector hampered by late regulations
Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in preparing the implementing regulations needed to make the [...]
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PTTEP may cut production goal for 2010
PTT Exploration and Production is considering cutting its production target of 300,000 barrels of oil per day (bpd) next year due to continuing problems at a key field in the [...]
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Philippines aiming to join China’s resource boom
The Philippines is aiming to be one of the next nations to cash in on China’s insatiable appetite for resources, with the Asian neighbours working to build closer [...]
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Second oil rig leak reported in Timor Sea
The reputation of the oil and gas industry has taken another hit after confirmation of a second leak from an oil rig in the Timor Sea, off northern Australia. The gas leak is [...]
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AED says gas leak at Sinopec venture has no environmental impact
AED Oil Ltd, China Petrochemical Corp.’s partner in the Puffin venture in the Timor Sea off northwestern Australia, said a gas leak from the project is having no impact [...]
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Highlands Pacific hopeful of PNG gold and copper zone
Highlands Pacific announced yesterday that it was exploring a copper-gold resource handily close to the Ok Tedi mine in Papua New Guinea, which was due to close next year. [...]
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