Archive for September, 2010
Blue-chips drag VN Index to rise while HNX Index continues dipping
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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