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Archive for November 23rd, 2009

Business, banking and stock market briefs November 23

23-Nov-2009 Intellasia | | 10:42 PM

* Saigon Palm Co Ltd has shipped two containers of furniture made from water hyacinths worth about $14,000 to Australia and New Zealand, Tuoi Tre quoted company deputy [...]
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VN Index and HNX Index continue falling deeper Nov 23

23-Nov-2009 Intellasia | AtpVietnam | HNX | 6:25 PM

Following the decreasing impetus from the last session of the previous week, the indexes on Vietnam’s two largest bourses kept dropping sharply during today’s [...]
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BVSC gains Jan-October profit of 245b dong

23-Nov-2009 Intellasia | Vietstock | 6:22 PM

Bao Viet Securities Joint Stock Co (BVSC) has announced that up to the end of October, the company has gained progressive pre-tax profit of 245 billion dong. Bao Viet [...]
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Vissan food processing complex projected

23-Nov-2009 Intellasia | Nguoi Lao Dong | 6:21 PM

At the 39-year establishment anniversary held on November 20, Vissan food processor announced that it targets to reach 3.1 trillion dong in 2009 revenue, higher four times [...]
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Biggest cement factory nears completion

23-Nov-2009 Intellasia | VOV | 6:20 PM

Work on Binh Phuoc cement plant with total investment capital of over eight trillion dong and a designed capacity of two million tonnes a year has been basically completed. [...]
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Nam Trieu shipbuilder launches 56,200-tonne cargo ship

23-Nov-2009 Intellasia | Lao Dong | 6:19 PM

Nam Trieu Shipbuilding Industry Corp under Vinashin last Friday launched the 56,200 tonne cargo ship in Tan Hung commune, Thuy Nguyen Dist, Hai Phong City. The ship is 190 [...]
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VMS MobiFone and Nokia Siemens Networks cooperates to launch 3G services

23-Nov-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 17 | 6:18 PM

VMS MobiFone has announced about its cooperation relationship with Nokia Siemens Networks for upgrading and modernising its networks into 3G and launching a new IP axis, in [...]
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Vietnam encourages development of new energy

23-Nov-2009 Intellasia | 19/Nov/2009 Thong Tan Xa Vietnam | 6:17 PM

Vietnam is encouraging development and usage of new and recycled energy by funding studies, researches, trial manufacturing, development of typical case studies of new and [...]
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Expensive lessons on developing automobile industry

23-Nov-2009 Intellasia | 19/Nov/2009 Saigon Giai Phong | 6:15 PM

With the intial plan to develop the country’s authomobile industry rapidly along wiht the intelligent calculation of foreign investors about consumption market, within [...]
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Short term deposits carry super interest rates

23-Nov-2009 Intellasia | Thanh Nien | 6:14 PM

Since the middle of November, all joint stock banks hiked short term saving rates whereby the below 3-month savings carry the most attractive interest rates. At present, [...]
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KMF, KMR to be merged and listed on Korean stock exchange

23-Nov-2009 Intellasia | Vietstock | 6:13 PM

On November 20, Mirae Joint Stock Co (STC listed KMR) in coordination with Ban Viet Securities JSC (VCSC) co-organised the merger plan with Mirae Fiber JSC (HNX listed KMF) [...]
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Stock market capitalisation accounts for 55 pct of GDP

23-Nov-2009 Intellasia | Dau Tu Chung Khoan page 5 | 6:12 PM

State Securities Commission reported that till late October, the Vietnamese stock market has 729,592 accounts of investors. Of which 726,639 are of individual investors [...]
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Vietnam’s apparel export to Japan may earn $1b

23-Nov-2009 Intellasia | Vietnam+ | 6:11 PM

Vietnam’s apparel export to Japan in 2009 may earn $900,000-1 million, a year-on-year rise of 18-20 percent, Vietnam Textile and Garment Association said. After [...]
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Vietnam’s per capita income targeted at $2,100/person in 2015

23-Nov-2009 Intellasia | Dat Viet | 6:10 PM

Ministry of Planning and Investment targets to reach GDP growth of 7-8 percent a year and an average income of $2,100/person a year by 2015 along with the poor household [...]
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2009 overseas remittance will not reduce like previously estimated

23-Nov-2009 Intellasia | Nguoi Lao Dong | 6:09 PM

According to the forecast of Ministry of Finance, this year’s inward remittance could reach $6.8 billion, and the majority of the amount will be transferred into [...]
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