Archive for December 30th, 2009
Vietnam protests China’s law on island protection
Vietnam has protested a new Chinese law aimed at protecting the nation’s islands, including the disputed Spratly and Paracel Islands in the South China Sea, local media [...]
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Missing in Philippine ferry sinkings rises to 68
The number of people missing and feared dead in two passenger ferry sinkings during the Christmas holidays in the Philippines has risen to 68, the coast guard said Tuesday. [...]
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Both floors rally Dec 30
After two consecutive falls, the stock market today December 30 rallied thanks to the strong demand power. In particular, the VN Index on Hochiminh Stock Exchange (STC) today [...]
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Business, banking and stock market briefs Dec 30
* Hanoi Stock Exchange (HNX) announced receiving application profile from Viwaseen Hue Investment and Construction Joint Stock Co for listing shares on the northern bourse. * [...]
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PNTC plans to issue convertible bonds to existing shareholders
Phu Nhuan Technical Construction Joint Stock Co (PNTC) plans to issue 206,815 convertible bonds for below 100 existing shareholders. December 28 was the deadline to close the [...]
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Hanel Plastics JSC offers shares
Hanel Plastics Joint Stock Co (HPC) announced its plan to offer individual shares for the strategic shareholders and to issue shares for existing shareholders, in accordance [...]
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HT1 to merge into HT2
Ha Tien 1 Cement Joint Stock Co (coded HT1) on December 29 organised an extraordinary shareholders’ meeting to pass a plan to merge into Ha Tien 2 Cement Joint Stock Co [...]
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PVC plans 7tr dong revenue in 2010
In 2009, PetroVietnam Construction Joint Stock Corp (PVC) reported gaining 3.627 trillion dong of revenue or 101.2 percent of this year’s target, 230.5 billion dong of [...]
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2009 stock market outlook
Under the impacts of economic downturn, VN Index saw sea saw movement. While at times it fell to the lowest level during the last four years, the market many times recorded [...]
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Deposit rates not attractive despite reaching ceiling level
Although banks sought many ways to woo the attention of idle money source, saving interests now still are not attractive as for investors. Many banks are still finding it [...]
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Vietnam: one of most attractive software processing markets
Vietnam is assessed to be one of 25 most attractive software processing markets in the world and is expected to receive new investment waves when large processing markets [...]
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NAV of four listed investment funds grows 2.55-10.87pct between December 17 and 24
Between December 17 and 24, four listed investment funds on Hochiminh Stock Exchange (STC) all saw an increase of around 2.55-10.87 percent in NAV against the previous week. [...]
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Government raises $73m from US dollar G-bond tender
On December 29, Hanoi Stock Exchange (HNX) organised the tender for $200 million of one year G-bonds with the participation of eight investors. Accordingly, the total lawful [...]
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2009 tourism revenue estimated to reach 68-70tr dong
Vietnam reported to gain total revenue from tourism industry of 68-70 trillion dong for the whole year of 2009, an increase by 10 percent year-on-year. This figure was [...]
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MB Bank to advance 18pct dividend in cash
Basing the business results during 2009, Military Commercial Joint Stock Bank (MB Bank)’s director board have decided to pay 18 percent dividend in cash on chartered [...]
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