Archive for July 8th, 2010

Business briefs July 08

08-Jul-2010 Intellasia | | 8:31 PM

* The northern bourse-listed Vinacontrol Joint Stock Co (coded VNC) announced that the company’s management board has already approved for issuing 7.875 million shares [...]
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High cautions curb stock market from rising

08-Jul-2010 Intellasia | AtpVietnam | 8:30 PM

The domestic stocks responded positively with the world stock markets when sharply increasing at the beginning of today session. However, the transaction lowered gradually [...]
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Sao Viet Securities Co officially starts transacting shares on HNX

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 9 | 6:18 PM

Over 13.5 million shares of Sao Viet Securities Joint Stock Co were officially listed for the first time on Hanoi Stock Exchange (HNX) under the share code of SVS after its [...]
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Transportation firm to list additional 2.2m shares on STC

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:18 PM

PetroVietnam Transportation Joint Stock Corp (coded PVT) will officially list and start trading additional 2,254,316 shares on Ho Chi Minh Stock Exchange (STC) from July 9, [...]
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FLC registers to post 10m shares on northern floor

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:17 PM

Hanoi Stock Exchange (HNX) has received an application profile from FLC Joint Stock Co (FLC).for listing shares on northern stock market. In details, FLC JSC has applied for [...]
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Plastic producer gets approval for listing shares

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:17 PM

Hanoi Stock Exchange (HNX) has issued document No 590/TB-SGDCKHN approving in principal An Phat Plastic and Green Environment Joint Stock Co proposal to list 9.9 million [...]
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First investment fund for clean development in Vietnam

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 3 | 6:16 PM

Dragon Capital Investment Fund has officially introduced the first regional investment fund in sectors of renewable energy, clean water supplies and waste treatment in [...]
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Many commercial banks lower interest rates

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 3 | 6:16 PM

Many commercial banks have reduced the interest rates in accordance with the commitments given previously. In details, Western Bank lowered interest rates from 11.8 percent [...]
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Central bank to penalise banks not following consensus on interest rate cut

08-Jul-2010 Intellasia | VnExpress | 6:15 PM

The State Bank of Vietnam (SBV), the country’s central bank will penalise commercial banks who do not seriously comply with the consensus on lowering deposit interest [...]
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Banks not following consensus on interest rate reduction

08-Jul-2010 Intellasia | VnExpress | 6:14 PM

As per an agreement reached among commercial banks last week, the saving interest rates in all commercial banks was to be cut down to the level of 11 percent – 11.2 [...]
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Gloomy office leasing market as supply exceeds demand

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 5:53 PM

Now it’s time for customers to look out for apartments and offices for lease with various options in prices and locations, said Managing director of CB Richard Ellis [...]
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Exports of the whole year may exceed the 6pct target

08-Jul-2010 Intellasia | Vnexpress | 5:52 PM

In the preliminary conference of the first six months held on July 6, Ministry of Industry and Trade said that exports have shown positive signs of growth. Compared to the [...]
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Imports outpaces exports in first six months

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 5:51 PM

Exports in the first six months of 2010 increased moderately by 15.7 percent but imports rose by 29.4 percent compared to the same period of 2009, reaching $38.8 billion. [...]
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VIB opens additional transaction office in HCM City

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 10 | 5:50 PM

Vietnam International Commercial Joint Stock Bank (VIB) has opened new Thanh Da Transaction Office at No 667 Xo Viet Nghe Tinh St, Ward 26, Binh Thanh Dist, HCM City. This is [...]
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Interbank interest rates reduce

08-Jul-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 10 | 5:49 PM

According to brief report released by credit institutions, the total transaction value in interbank markets during last week was posted at 114.224 trillion dong and $2.312 [...]
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