Archive for August 23rd, 2010
Business Briefs August 23
* Thanh Cong Textile Garment Investment Trading Joint Stock Company (coded TCM) announced trading shares of company’s shareholders. Accordingly, E-Land Asia Holding [...]
» More
Gloomy transaction, VN Index loses threshold of 450pts
The markets continued its downtrend during August 23 session when the VN Index lost the threshold of 450 points for the second time in the past two weeks. The previous [...]
» More
SBV’s exchange rate adjustment may help in curbing trade deficit
From August 18, 2010, the State Bank of Vietnam (SBV) adjusted the dong/dollar exchange rate from 18,544 to 18,932 dong per US dollar (dong was devalued by 2.1 percent [...]
» More
Some banks break the consensus level on deposit rates
Not only massively launching high-value promotion programmes to attract capital into banks, some banks also quietly increased deposit rates and crossed the previously agreed [...]
» More
Thermal power firm posts 9.4b dong of progressive profit in July
Ninh Binh Thermal Power Joint Stock Company announced earning 58.5 billion dong in revenue and 9.4 billion dong in pre-tax profit in July, said Nguyen Tho Tiem, announcer of [...]
» More
Korean licensed to build $12m textile factory
Thanh Hoa province people’s committee granted an investment licence to Korean-based SAE-A Co Ltd to construct Winners Vina textile factory in an area of 80,000 square [...]
» More
Vinaconex12 targets gaining 4b dong in Q3
Construction Joint Stock Company No 12 (Vinaconex – coded V12) plans to gain over four billion dong in the third quarter of this year, said Nguyen Huu Toi, director [...]
» More
Vinavico to list 8m shares on HNX
The northern bourse has got in principle for listing eight million shares of Vinavico Mining and Construction Investment Joint Stock Co (coded CTM) with total value of 80 [...]
» More
Hanoi to fund 2tr dong for establishing Land Development Fund
Hanoi City People’s Committee has approved the contents of establishing the city’s land development fund with total capital of five trillion dong within the [...]
» More
Hanoi intl’ trade dips in August
Hanoi’s import-export turnover in August was announced to slightly drop by 0.1 percent over the previous month. Among the groups of commodities for export, coffee saw [...]
» More
Construction of National Highway No 6 Tuan Giao-Lai Chau starts
Ministry of Transport has announced that from now up to the end of August, 14 of the 15 bidding packages of the construction and upgrading National Highway No 6, from Tuan [...]
» More
Berjaya Land Berhad not to offload shares of a five-star hotel
The Malaysian real estate trader of Berjaya Land Berhad Co has decided not to sell 75 percent of the shares in the five-star hotel of Intercontinental Hanoi Westlake after a [...]
» More
Tate & Lyle Group to withdraw investment from Vietnam
The UK-based Tate & Lyle Group has revealed that it would withdraw investment from Vietnamese markets in the near future. At present, the group is making capital [...]
» More
Vinatex to invest $58.5m for upgrading technologies
Vietnam Garment and Textile Group (Vinatex) plans to invest $58.5 million or nearly 1.1 trillion dong in upgrading the technologies, in order to create dramatic changes in [...]
» More
VIB funds 1.5tr dong for wooden processing firms
Vietnam International Commercial Joint Stock Bank (VIB) has conducted supporting programme with preferential terms for enterprises in wood-processing sectors in order to [...]
» More
