Archive for November 27th, 2009

Market liquidity improves, two indexes reverse to increase

27-Nov-2009 Intellasia | AtpVietnam | HNX | 7:25 PM

The two indexes of VN Index and HNX Index reversed to increase, closing the last session of the week with a point-gaining session. At closing time, VN Index stayed at 490.62 [...]
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Business, banking and stock market briefs November 27

27-Nov-2009 Intellasia | | 7:23 PM

* Saigon Trading Corp-Satra now has 60 member enterprises and associated companies with the 2008 revenue totalling at 21 trillion dong. * Procter & Gamble Indochina Co [...]
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Citi optimistic about Vietnam’s 2010 economic prospect

27-Nov-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 7:21 PM

The global research and analysis wing at Citi Group has announced the annual economic report titled “Potential of financial markets and economies in 2010″ saying [...]
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Increasing basic rates in Vietnam is necessary, Goldman Sachs

27-Nov-2009 Intellasia | Thoi Bao Kinh Te Vietnam | 7:20 PM

On Wednesday, State Bank of Vietnam-SBV raised the basic rates from 7 to 8 percent pa, re-financing rate from 7 to 8 percent, discount rate from 5 to 6 percent, which will be [...]
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World Bank pledges to increase aid to Vietnam

27-Nov-2009 Intellasia | Vietnam+ | 7:18 PM

At the press meeting yesterday in Hanoi, prior to Consultative Group (CG) 2009 in Vietnam, Victoria Kwakwa-new director of World Bank to Vietnam committed that WB will [...]
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HCM City leads FDI attraction

27-Nov-2009 Intellasia | Vietnam+ | 7:13 PM

In Jan-Nov, HCM City leads the country in terms of FDI attraction with nearly 3,470 projects worth over $27.29 billion, increasing by 12 percent in project number and 6.6 [...]
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The forex rate of around 18,400-18,500 dong is logical

27-Nov-2009 Intellasia | 26/Nov/2009 VnExpress | 6:48 PM

Talking with VnExpress.net, chair of National Financial Supervising Committee Le Duc Thuy does not believe that the monetary market is facing a crisis on the contrary he [...]
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Information technology turnover in 2009 may hit over $6.2b

27-Nov-2009 Intellasia | Sai Gon Giai Phong | 6:46 PM

National Monitoring Committee for Information Technology and Ministry of Information and Communication yesterday held a national IT conference 2009 titled “Present [...]
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State groups ordered to sell foreign currencies to SBV

27-Nov-2009 Intellasia | Tuoi Tre | 6:45 PM

Prime minister yesterday ordered PetroVietnam, Vinacomin and state corporations [that have turnover in foreign currencies] to sell foreign currencies to State Bank of Vietnam [...]
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Gold price exceeds 29m dong a tael

27-Nov-2009 Intellasia | 26/Nov/2009 VnExpress | 6:44 PM

The world’s gold price continuously reached new high levels, approaching $1,194 an ounce, making the domestic gold price increase accordingly in the morning of 26 [...]
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Vietnam investment opportunity seminar held in Korea

27-Nov-2009 Intellasia | VOV | 6:42 PM

Within the cooperation programme framework of 2009 between Asean and Korea, Ministry of Industry and Trade’s Trade Promotion Department in conjunction with Ministry of [...]
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Prudential Vietnam and VP Bank sign bancassurance contract

27-Nov-2009 Intellasia | Dau Tu Chung Khoan page 27 | 6:41 PM

Prudential Vietnam Life Insurance Co and VPBank Commercial Joint Stock Bank have signed the bancassurance contract on November 26, in which VPBank become Prudential [...]
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Tin Nghia Bank issues ‘Van Phu Quy’ bills of exchange

27-Nov-2009 Intellasia | Dau Tu Chung Khoan page 25 | 6:40 PM

From November 23 to December 30, 2009, Tin Nghia Commercial Joint Stock Bank (TinnghiaBank) would issue “Van Phu Quy” bills of exchange with the total value of 2 [...]
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VietABank raises deposit rates in US dollar

27-Nov-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 12 | 6:38 PM

Viet A Commercial Joint Stock Bank (VietABank) announced increasing the interest rates for deposits in US dollar, starting from November 25 by 0.1-0.3 percent per year for [...]
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Eximbank opens six new transaction offices in November

27-Nov-2009 Intellasia | Thoi Bao Kinh Te Vietnam page 12 | 6:37 PM

In November 2009, Vietnam Export-Import Commercial Joint Stock Bank has opened and put into operation six transaction offices in HCM City and Ba Ria-Vung Tau province, [...]
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