Archive for September, 2010

Blue-chips drag VN Index to rise while HNX Index continues dipping

30-Sep-2010 Intellasia | ATPVietnam | 8:49 PM

With back-up from the increasing large cap share codes, the index of Hochiminh Stock Exchange gained points at the very end of today session, while HNX index continued [...]
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Seafood producer gains combined profit of 218b dong in Jan-Aug

30-Sep-2010 Intellasia | Vietstock | 8:48 PM

The STC-listed Minh Phu Seafood Joint Stock Co (coded MPC) announced to gain accumulative profit after tax in Jan-August of 218.46 billion dong, fulfilling 83 percent of the [...]
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Implementation process of power plant projects being checked

30-Sep-2010 Intellasia | Chinh Phu | 8:47 PM

Ministry of industry and trade plans to send the working delegation to check the implementation progress of some power plant projects in some provinces. In the northern [...]
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SBV lowers statutory reserve ratio for banks to boost agricultural lending

30-Sep-2010 Intellasia | State Bank of Vietnam | 8:47 PM

The State Bank of Vietnam, the country’s central bank (SBV) has issued Circular 20/2010/TT-NHNN regulating the statutory reserve ratio lower than usual for credit [...]
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Thang Long Avenue to be opened to traffic

30-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | 8:46 PM

PM Nguyen Tan Dung will officially order to be opened to traffic of Lang – Hoa Lac Road and fitting the work’s name: Thang Long Avenue on October 3, according to [...]
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1.2tr dong for Phuoc Dong complex project

30-Sep-2010 Intellasia | Tuoi Tre | 8:46 PM

Vietnam Development Bank (VDB) has inked a contract for credit investment for Phuoc Dong industry, urban and services complex project on September 29 with Saigon VRG [...]
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State Bank takes measures to support rural and agricultural development

30-Sep-2010 Intellasia | StoxPlus | 8:45 PM

The State Bank of Vietnam (SBV) on September 29 issued Circular 20/2010/77/NHNN supporting local banks to boost loans for rural and agricultural development, the central bank [...]
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Vietnam banks may cut interest rates from mid October

30-Sep-2010 Intellasia | VnEconomy | 8:45 PM

It is expected that by mid-October 2010, commercial banks will continue to carry out the roadmap to lower interest rates in dong as the agreement was reached by them three [...]
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SBV becomes large shareholder in three firms

30-Sep-2010 Intellasia | Thoi Bao Kinh Te Saigon | 8:44 PM

The State Bank of Vietnam (SBV) has participated in Vietnam National Financial Switching Joint Stock Company (Banknetvn), Credit Information Centre (CIC), and is currently [...]
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Fierce competition in gold market

30-Sep-2010 Intellasia | Lao Dong | 8:43 PM

The narrow range between buying and selling prices of gold in the recent time has been considered enlarging the competition in the gold market, in which unhealthy competition [...]
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PVN enters into contract with Russian firm

30-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | 8:43 PM

Vietnam National Oil and Gas Group (PVN) inked a long-term contract for buying ESPO crude with TNK-BP Company, a Russian firm on September 29. The one-year contract calls for [...]
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Vien Lien JSC’s net profit up 27pct in H1

30-Sep-2010 Intellasia | HNX | 8:42 PM

Vien Lien JSC (UNI) posted 27 percent net profit surge to 8.89 billion dong in the first half of this year from seven billion dong a year earlier, the firm said in its [...]
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V15 to pay 2009 cash dividend

30-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam | 8:42 PM

The Hanoi Stock Exchange announced October 6 as latest record date to close the shareholders list of Vietnam Construction JSC No.15 (V15) for the firm’s 2009 cash [...]
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Mineral firm to offer more shares at 1:2 ratio

30-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 10 | 8:41 PM

The northern bourse listed – Hoa Binh Minerals JSC (KHB) announced October 5 as registration deadline to close shareholders list for share offer to existing [...]
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Tien Len Steel to advance 2010 dividend

30-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 11 | 8:41 PM

Tien Len Steel Group Joint Stock Co (LTH)’s management board passed 2010 cash dividend advancing at 10 percent or 1,000 dong per share, starting December 15. The money [...]
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