Archive for June, 2010

Business briefs Jun 30

30-Jun-2010 Intellasia | | 8:34 PM

* Gemadept Joint Stock Co (coded GMD) plans to issue 413,000 convertible bonds at par value of one million dong per bond this year for the purposes of changing for Nam Hai [...]
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Two markets slump in last session of June

30-Jun-2010 Intellasia | AtpVietnam | 8:33 PM

The VN index closed the last session of June with a slight decline due to negative information from the US stock exchanges. The two previous gaining trading sessions turned [...]
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Tien Son Ha Tay cement producer prepares for posting shares on HNX

30-Jun-2010 Intellasia | Dau Tu Chung Khoan page 18 | 6:17 PM

Tien Son Ha Tay Cement Joint Stock Co (TSCC) has lately been approved in principle for lising shares on Hanoi Stock Exchange (HNX). Accordingly, the company registered for [...]
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SMC to issues over 6m shares to public

30-Jun-2010 Intellasia | Vietstock | 6:15 PM

The management board of SMC Investment and Trading Joint Stock Co (coded SMC) has lately approved for issuing over six million shares at initial price of 23,000 dong per [...]
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Banks race to lower interest rates on banking agreement

30-Jun-2010 Intellasia | Dau Tu Online | 6:15 PM

After achieving the agreement on reducing interest rates as well as support committed by the State Bank of Vietnam, commercial banks have begun working out campaigns to [...]
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Vietinbank cuts lending interest rate to 12.5 pct per annum

30-Jun-2010 Intellasia | Vietstock | 6:14 PM

Industrial and Commercial Bank of Vietnam (Vietinbank) has published new lending interest rates policy that will take effect from 1 July, in which a maximum rate of 12.5 [...]
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Government bonds becoming attractive to banks

30-Jun-2010 Intellasia | CafeF | 6:14 PM

Hanoi Stock Exchange (HNX) successfully won the bidding of approximately 9.4 trillion dong of government bonds in April and May 2010, according to Hex’s information. In [...]
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Transactions on Interbank market show significant increase

30-Jun-2010 Intellasia | CafeF | 6:12 PM

The total transactions on interbank market in the week from June 18 to 24 continued to increase significantly, reaching approximately 115.711 trillion dong and $2.917 [...]
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Vietnam’s rice export reaches $1.418b in H1

30-Jun-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 3 | 6:11 PM

Vietnam Food Association (VFA) revealed that in the first 25 days of June, Vietnamese enterprises have exported 477,774 tonnes of rice, bringing in export turnover of [...]
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HNX approves share-listing by ORS

30-Jun-2010 Intellasia | Dau Tu Chung Khoan page 6 | 6:11 PM

Hanoi Stock Exchange (HNX) has in principle approved Orient Securities Joint Stock Co (ORS) plan for listing 24 million shares on northern market. The founding members of the [...]
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Vinas A Luoi mineral firm gets approval for listing shares on northern floor

30-Jun-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:10 PM

Hanoi Stock Exchange (HNX) has issued the announcement No 562/TB-SGDCKHN approving in principle for Vinas A Luoi Mineral Joint Stock Co to list 1.5 million shares on the [...]
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Sacomreal signs cooperation agreement with Dragon Capital

30-Jun-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | Dau Tu page 1 | 6:10 PM

Saigon Thuong Tin Real Property Co (Sacomreal) has officially signed a cooperation agreement with Dragon Capital Investment Fund in HCM City yesterday. In details, Dragon [...]
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SeABank offers new lending products

30-Jun-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 6:09 PM

The Southeast Asian Commercial Joint Stock Bank (SeABank) would from July 1, 2010 launch a new product “vay tieu dung co tai san dam bao – SeAMore” (or [...]
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VIB supports loans for purchasers at Mulberry Lane project

30-Jun-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 6:09 PM

Vietnam International Commercial Joint Stock Bank (VIB) has recently signed the cooperation contract with Hoang Thanh CapitaLand Co Ltd, in which the bank committed to offer [...]
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Accessing cheap loans from banks still tough for businesses

30-Jun-2010 Intellasia | Vneconomy | 6:08 PM

Although many commercial banks are inviting corporate clients to participate in their cheap loan programmes, those programmes always come with a variety of conditions, which [...]
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