Archive for August 6th, 2010

Stock market ends week down

06-Aug-2010 Intellasia | AtpVietnam | 8:14 PM

The last trading session this week (today August 6) started with blue on the electronic trading table, but it quickly turned into the red because of the weak demand and [...]
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Business briefs August 6

06-Aug-2010 Intellasia | | 8:14 PM

* State Securities Commission of Vietnam agreed Vietnam Construction and Import-Export Corporation (VCG) would offer 113.19582 million shares to the existing shareholders to [...]
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Imbalance in bank deposit and lending growth

06-Aug-2010 Intellasia | Dau Tu | 6:39 PM

The growth rate of total payment means, credit and mobilised capital of the commercial banking system continued to rise in July, according to the report on socio-economic [...]
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23 Banks submit plan to raise chartered capital

06-Aug-2010 Intellasia | Dau Tu | 6:39 PM

Twenty-three commercial banks that have capital of less than three trillion dong have submitted their plan to increase capital to the State Bank of Vietnam (SBV). These banks [...]
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Careful considerations needed when applying for instalment loans

06-Aug-2010 Intellasia | Nguoi Lao Dong | 6:38 PM

Many banks and credit institutions have been offering various incentive programmes to promote consumer loans. However every thing is not rosy. Due to lack of information [...]
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Quality of credit should be prioritised instead of credit balance

06-Aug-2010 Intellasia | Saigon Tiep Thi | 6:38 PM

Lending rate could not be lowered to below 12 percent per annum, said Dr Nguyen Quang A, former president of Institute of Development Studies (IDS). This is because tools to [...]
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Stock market keeps downturn

06-Aug-2010 Intellasia | AtpVietnam | 6:36 PM

The last trading session this week (August 6) started with blue on the electronic trading table, but it quickly turned into the red because of the weak demand and strong [...]
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Cotecland to raise to 200b dong of chartered capital in October

06-Aug-2010 Intellasia | Cotecland | 6:36 PM

Cotecland JSC (CLG) would issue shares to raise chartered ccapital to 200 billion dong in next October. This is part of the company’s plan to raise to one trillion dong [...]
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Thuan Thao inaugurates high ranking villa area

06-Aug-2010 Intellasia | Dau Tu Chung Khoan page7 | 6:35 PM

Thuan Thao JSC (GTT) inaugurated high ranking villa area in Resort and Spa Golden Beach with total investment capital of 350 billion dong. The 80,000 square metre-areas have [...]
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Southeast Asia biggest stainless steel mill to be built in Vietnam

06-Aug-2010 Intellasia | Tuoi Tre | 6:35 PM

Inox Hoa Binh Joint Stock Co (under Hoa Binh Group) and Bank for Investment and Development of Vietnam (Bidv)’s Cau Giay branch on August 5 signed a credit contract [...]
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Thanh Cong trade firm borrows $7m from E-Land for investments

06-Aug-2010 Intellasia | Hochiminh Stock Exchange | 6:34 PM

Thanh Cong Trade Investment Garment and Textile Joint Stock Co (coded TCM)’s director board recently issued a resolution on borrowing capital from E-Land to invest in [...]
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180b dong invested in prefabricated concrete building components factory

06-Aug-2010 Intellasia | Vietnamplus | 6:34 PM

PMU of industrial zones in the central province of Quang Ngai on August 5 granted investment certificate to Thai Bao Quang Ngai Concrete Joint Stock Co to invest in Thai Bao [...]
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Formosa group pours extra $7b in Vung Ang EZ

06-Aug-2010 Intellasia | Vietnamplus | 6:33 PM

Taiwan-based Formosa Group will pour extra $7 billion to raise its investment in the Vung Ang Economic Zone from $16 billion to $23 billion, Ngo Quoc Hung, the group’s [...]
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CMC offers 3.16m shares

06-Aug-2010 Intellasia | CMC | 6:33 PM

CMC Investment JSC announced to offer 3.16 million shares priced 15,000 per share on August 5. Accordingly, the company issued the shares to raise charter capital from 30.4 [...]
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Bidv insurance arm raises 129.22b dong from IPO

06-Aug-2010 Intellasia | Hanoi Stock Exchange | 6:32 PM

Hanoi Stock Exchange (HNX) has recently announced the share auction results of Bank for Investment and Development of Vietnam (Bidv) Insurance Co (BIC) held on August 5 via [...]
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