Archive for August 30th, 2010

Business Briefs August 30

30-Aug-2010 Intellasia | | 8:26 PM

* Phuc Tien Production and Trading Joint Stock Co (coded PHT) announced the transaction of its fund shares. Accordingly, the company registered to re-purchase 1.9 million [...]
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Two indexes rocket to highest level since early 2010

30-Aug-2010 Intellasia | AtpVietnam | 8:24 PM

Today session recorded the third consecutive increasing session of the VN Index when most of the listed share codes and fund certificates in Hochiminh Stock Exchange (STC) [...]
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30/Aug/2010 Intellasia | Kinh Te Vietnam & The Gioi page 15

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 7 | 8:23 PM

Vinh Hoan Joint Stock Company (VHC) will set up collagen production company in next month in order to maximise by-product value. The firm will finish the negotiation of [...]
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Habubank to list shares on northern bourse in Nov

30-Aug-2010 Intellasia | Kinh Te Vietnam & The Gioi page 15 | 8:22 PM

Hanoi Building Commercial Joint Stock Bank (Habubank) announced on August 27 that the lender plans to officially list shares on Hanoi Stock Exchange (HNX) in coming November. [...]
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Dong/JPY cross rate rises 10pct, Vietnam’s exports to Japan surge

30-Aug-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 8:22 PM

The cross exchange rate between dong with the Japanese Yen (JPY) for import and export duty is increased above 10 percent against late 2009, according the State Bank of [...]
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Deposit rates in US dollar unlikely to go very high

30-Aug-2010 Intellasia | Saigon Tiep Thi Online | 6:29 PM

Though, many banks had to raise US dollar deposit rates, However, increasing interest rates in US dollar will not occur strongly, Dr Le Xuan Nghia, vice President of the [...]
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Vietnam stock market awaits new cash flows

30-Aug-2010 Intellasia | Thanh Nien | 6:28 PM

Vietnam’s stock market needs a new cash flow, which should be large enough to draw a massive supply and break the bearish phase of the last few months. Trading value [...]
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VNPT targets to reach total revenue of 100tr dong

30-Aug-2010 Intellasia | Dau Tu page 10 | 6:27 PM

Vietnam Post and Telecommunication Group (VNPT) has once again said that it plans to fulfil its business targets of 100 trillion dong in revenue, 13.7 trillion dong of profit [...]
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Good liquidity: Vietnam banks boost credit growth

30-Aug-2010 Intellasia | Bao Cong Thuong | 6:27 PM

Credit growth of Vietnamese commercial banks seems to have been better as the demand for loans on the open market is declining very rapidly in the past week. Commercial banks [...]
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APG allowed to raise to over 200b dong chartered capital

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 5 | 6:26 PM

The State Securities Commission of Vietnam has approved raising chartered capital of An Phat Securities JSC from 135 billion dong to over 200 billion dong via share issue to [...]
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SIC boosts real estate works

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 6 | 6:26 PM

Song Da Investment – Development JSC (SIC) is going to gain revenue from selling apartments of Song Da Riverside building in Thu Duc district and Song Da IDC building [...]
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Song Da 7 plans to gain 48.6b dong profit in H2

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 6 | 6:26 PM

Song Da Joint Stock Company No7 (SD7) plans to boost its revenue to 947 billion dong, profit 48.6 billion dong in second half of this year. SD7 has been developing Son La, [...]
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SDH estimates gaining 10b dong in Q3

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 6 | 6:25 PM

Song Da Infrastructure Construction JSC (SDH) estimates gaining 10 billion dong after tax profit in this quarter, said Vu Van Bay, chair of management board. Bay said the [...]
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Vitranschart offering Phuong Dong 2 ship

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 6 | 6:25 PM

Vietnam Sea Transport and Chartering Joint Stock Co (Vitranschart-coded VST) proposes to sell Phuong Dong No2, a ship. The relevant procedures for selling the ship has been [...]
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Lilama 7 to go public on northern bourse

30-Aug-2010 Intellasia | Dau Tu Chung Khoan page 20 | 6:24 PM

The Hanoi Stock Exchange has given approval to Lilama 7 Joint Stock Company for listing 4.975 million shares on the bourse. August 20 was registration deadline to close the [...]
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