Archive for September 9th, 2010

Painting firm to allocates bonus shares at 8:1 ratio

09-Sep-2010 Intellasia | Vietstock | 8:31 PM

The management board of Dong Nai Paining Joint Stock Co (coded SDN) would issue 168,705 bonus shares by the end of Sep 2010. Accordingly, the company would allocate bonus [...]
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Business briefs Sep 9

09-Sep-2010 Intellasia | | 8:30 PM

* Thac Ba Hydropower Joint Stock Co (coded TBC) has announced to adjust the ex-dividend session for shareholders to get 2009 dividend-the second phase on Sep 24, instead of [...]
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Stock market rebounds after two correction days

09-Sep-2010 Intellasia | ATPVietnam | 8:28 PM

After two consecutive correction sessions, the stock market returned to surge. The investors became less worried when the State Bank of Vietnam (SBV) decided to adjust the [...]
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SPM to report revenue from pharmaceutical project by mid 2011

09-Sep-2010 Intellasia | Vietstock | 8:28 PM

SPM Joint Stock Co (coded SPM) announced to carry out a pharmaceutical plant in Burma with total investment capital of about $20 million. The company expected to start [...]
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US dollar/dong exchange rate may rise to 20,800 by late 2011: Standard Chartered

09-Sep-2010 Intellasia | Vnexpress | 8:27 PM

The Standard Chartered forecast that the US dollar/dong exchange rate may stand at 19,900 dong per US dollar by the end of this year (higher than 19,600 dong/dollar in its [...]
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PetroVietnam securities firm gains Jan-August profit of 63.5b dong

09-Sep-2010 Intellasia | Vietstock | 8:26 PM

PetroVietnam Securities Joint Stock Co (HNX-listed PSI) announced to gain accumulative pre-tax profit in first eight months of this year of 63.5 billion dong, after setting [...]
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Banks ignore Govt’s directive on interest rates

09-Sep-2010 Intellasia | | 8:26 PM

In contrast to the government’s directive and the State Bank of Vietnam’s expectations, deposit rates and lending in dong were not reduced quickly, but kept [...]
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Credit growth target unlikely to be achieved

09-Sep-2010 Intellasia | Saigon Tiep Thi | 8:25 PM

Some banking experts said it would be difficult to complete the roadmap to lower deposit rates to 10.2 – 10.5 percent per annum by late September 2010. The credit [...]
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Lending in US dollar surpasses dong

09-Sep-2010 Intellasia | Lao Dong | 8:24 PM

In contrast to the slow growth of foreign currency mobilisation, lending activities in foreign currencies continued increasing strongly in August 2010 and put pressure on the [...]
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SMC to auction over 6m shares Sep 29

09-Sep-2010 Intellasia | Vietstock | 8:23 PM

SMC Investment and Trading Joint Stock Co (coded SMC) has announced to auction over 6 million shares to public in order to raise capital. In details, the company would offer [...]
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Muong Kim hydropower plant joins national grid

09-Sep-2010 Intellasia | Bao Cong Thuong | 8:23 PM

Muong Kim hydropower plant, with designed capacity of 13.5 MW officially produced commercial electricity and joined the national power grid yesterday Sep 8, 2010. This is the [...]
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About 500b dong invested in residential area

09-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | 8:22 PM

HCM City Housing Investment and Trading Joint Stock Co yesterday held the ground-breaking ceremony for construction project of Thien Phu trading and residential area in Dak [...]
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VietBank inaugurates Huynh Tan Phat savings fund

09-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 12 | 8:22 PM

Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank) has inaugurated Huynh Tan Phat Savings Fund situated at No 785 Huynh Tan Phat St, Phu Thuan Ward, Dist 7, HCM City, [...]
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SeABank opens nine new transaction points

09-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 12 | 8:21 PM

On the occasion of celebrating the 1,000th anniversary of Thang Long-Hanoi, on Sep 9, Southeast Asia Commercial Joint Stock Bank (SeABank) officially opened nine transaction [...]
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OCB allowed to raise chartered capital to 3.1tr dong

09-Sep-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 12 | 8:21 PM

Orient Commercial Joint Stock Bank (OCB) has got approval from the State Bank of Vietnam (SBV) to increase chartered capital from two trillion dong to 3.1 trillion dong in [...]
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