Archive for June 24th, 2010

Business briefs Jun 24

24-Jun-2010 Intellasia | | 8:32 PM

* Management board of Duc Long Gia Lai Group Joint Stock Co (coded DLG) has approved issuing over 16 million shares to the existing shareholders in Q3. In details, the [...]
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VN Index slumps due to low transactions of Blue-chips

24-Jun-2010 Intellasia | AtpVietnam | 8:31 PM

The VN Index closed today session with a loss due to low transactions in group of Blue-chips and ended at 511.67 points, a slump of 1.15 points or 0.22 percent against the [...]
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Construction of Dung Quat steel mill to cost $4.5b

24-Jun-2010 Intellasia | CafeF | 6:01 PM

The Taiwan-based Guang Lian Steel Vietnam Co Ltd plans to adjust the production capacity of the steel mill from five to seven million tonnes per year, and raise the [...]
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Dong Tam Group plans to reach net profit of 200b dong

24-Jun-2010 Intellasia | Vietstock | 5:59 PM

The management group of Dong Tam Joint Stock Co (Dong Tam Group) has set targets of gaining 2010 revenue of 1.56 trillion dong, profit after tax of 200 billion dong and [...]
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Military Bank commits to provide 2010 credit limits of 765b dong for CMG

24-Jun-2010 Intellasia | CafeF | 5:58 PM

The Military Commercial Joint Stock Bank (MB) has signed a comprehensive cooperation agreement with CMC Technological Group (coded CMG). In the financial and credit sectors, [...]
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VTC gets license to be the 9th mobile network in Vietnam

24-Jun-2010 Intellasia | CafeF | 5:57 PM

The Ministry of Information and Communication on 22nd June granted a Mobile Virtual Network Operator license to the Vietnam Multimedia Corporation (VTC) VTC has become the [...]
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Viettel to invest about $300 million in Haiti

24-Jun-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 5:56 PM

Viettel will invest approximately $300 million in Haiti market. The corporation is currently completing the very last steps of the survey. This information was given to [...]
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SJS to corporate with SEB for investment in Cactus Cam Ranh Resort & Spa

24-Jun-2010 Intellasia | CafeF | 5:56 PM

Song Da Urban & Industrial Zone Investment and Development Joint Stock company (SUDICO, coded: SJS) together with its partner which is Mien Trung Power Investment and [...]
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Hanoi real estate sector – is it the time for apartments now?

24-Jun-2010 Intellasia | Lao Dong Online | 5:55 PM

After seeing a stagnant phase, apartment segment has once again started to witness transactions in this market. According to numerous real estate specialists, while the [...]
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5.5tr dong flyover for Hanoi

24-Jun-2010 Intellasia | CafeF | 5:54 PM

Thang Long Project Management Board, under Ministry of Transport was the main investor of the first flyover project in Hanoi. This is one part of the third ring road system [...]
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SHB raises deposit rates in US dollars to 5pct pa

24-Jun-2010 Intellasia | 24/Jun/2010 | Vietstock | 5:54 PM

Starting from June 23, 2010, Saigon Hanoi Commercial Joint Stock Bank (coded SHB) decided to increase the deposit rates in accumulative savings in US dollars for individual [...]
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FDI disbursement in Jan-Jun reaches $5.4b

24-Jun-2010 Intellasia | 24/Jun/2010 | Vietstock | 5:53 PM

The Foreign Investment Agency, under Ministry of Planning and Investment yesterday officially released the foreign investment report in the first half of this year with [...]
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CPI in first six months soars by 4.78pct

24-Jun-2010 Intellasia | 24/Jun/2010 | Vietstock | 5:53 PM

The General Statistical Office (GSO) has said that the consumer price index (CPI) in Jan-June rose by 4.78 percent against that of December 2009, and up 8.75 percent [...]
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Some banks hike deposit rate to woo depositors, SBV reports

24-Jun-2010 Intellasia | Lao Dong | 5:52 PM

The State Bank of Vietnam (SBV) noted that this week that some commercial banks are still proceeding with upward adjustments in deposit interest rates or developing promotion [...]
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Demand for US dollar loans increasing, bankers say

24-Jun-2010 Intellasia | Dau Tu | 5:51 PM

The demand for foreign currency loans for import and export businesses is increasing significantly, Nguyen Phuoc Thanh, general director of Vietcombank, said. According to [...]
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