Archive for December 21st, 2009
Philippine volcano gets louder, could blow up soon
The Philippines’ Mayon volcano turned up the heat with lava fountains and loud rumbling sounds Monday, and officials said it was getting closer to a major eruption that [...]
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Vietnam is no longer friends with Facebook
Vietnam is a social networking paradise, a giant village of 86 million people where everyone seems to be just one or two degrees of connection away from everyone else. It is [...]
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Share on two bourses massively rise to ceiling prices Dec 21
Two main stock markets witnessed a rising session after the first session of this week in the context when the investors showed their optimism and confidence. Both indexes [...]
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Business, banking and stock market briefs December 21
* National Power Transmission Corp. has started the operation of the second 500kV-450 MV A transformer of Pleiku 500kV transformer station in the Central Highlands province [...]
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CMC prepares to list shares on southern bourse
On December 17, Ho Chi Minh Stock Exchange (STC) announced its approval for CMC Technologies Group to list over 63 million shares on the southern floor. It’s expected [...]
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Song Da 12 – Cao Cuong to issues additional 3m shares
Song Da 12 – Cao Cuong Joint Stock Co has received licence from State Securities Commission for offering additional 3 million shares in order to increase chartered [...]
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Vietnam’s export to US increases by 10pct in 2010
Ngo Van Thoan, Vietnamese commercial counsellor in the US stated that Vietnam’s export to the US would increase by 10 percent at minimum in 2010, compared to that of [...]
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Small banks race to list on stock market
Not only large scaled banks but also small banks are racing for listing on the stock market. In the next year, it is estimated that 10 new banks would list on the domestic [...]
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Banks make efforts to launch new online banking services
The online banking is blossoming in Vietnam but the service still is in the start period of the development. The online banking services include transaction information [...]
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SSI releases share warning report
In the share recommendation report released on December 16, Saigon Securities Inc. (SSI) listed 20 shares in Hose and seven shares in HNX, which had strong basic factors and [...]
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Vietnam’s plastics face up US’s dumping duty
It is predicted that Vietnam’s plastic packaging export this year would reduce by 40 percent after the US’s Department of Commerce and the US’s [...]
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Korea’s investment in Vietnam reaches $20.4b
With total investment capital of $20.4 billion dong till November 21, 2009, Korea now leads among foreign investors in Vietnam with 2,294 projects, Korean ambassador to [...]
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G-bond capital disbursement of November reaches 10tr dong
Till late October, the disbursement of G-bond capital reached only 26.586 trillion dong equalling to 47.5 percent of the full year’s plan. However, basing on the [...]
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Soft loans surge 387.74b dong
The soft [subsidised] loans of credit institutions till December 17 reached over 415.216 trillion dong, surging 387.74 billion dong or 0.09 percent compared with December 10, [...]
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SCB participates in international MasterCard world
Saigon Commercial Joint Stock Bank (SCB) has officially become the member of MasterCard international organisation since December 19, 2009. This is also the 12th bank in [...]
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