Archive for November 19th, 2010

Stock market ends week with strong fall

19-Nov-2010 Intellasia | ATPVietnam | 8:45 PM

The last trading session of this week ended with a strong fall although there were some positive signs at the beginning of the session. The HNX Index after regaining the 100 [...]
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Hanoi estimates average GDP growth at 10.72pct in 2006-10

19-Nov-2010 Intellasia | Hanoi People's Committee | 8:44 PM

The GDP growth of the capital city of Hanoi is estimated to have reached an average of 10.72 percent per annum in the 2006-2010 period. This news was released by standing [...]
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Vietnam banks start to tighten lending

19-Nov-2010 Intellasia | Dau Tu | 8:44 PM

Market interest rates seemed to have been “softened” after the State Bank (SBV) announced capital injections into the open market, but there is question mark on [...]
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SMT pays first round dividend

19-Nov-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 8:43 PM

The northern bourse-listed Sam Cuong Electrical Materials and Telecommunication Joint Stock Co (coded SMT) announced that November 29 would be the registration deadline to [...]
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Hoang Anh Gia Lai to offer 19m shares for Deutsche Bank

19-Nov-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | 8:43 PM

State Securities Commission (SSC) on November 16 received enough documents from Hoang Anh Gia Lai Joint Stock Co (HAG) to offer shares to Deutsche Bank Trust Co Americas. [...]
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Car imports continue to fall

19-Nov-2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1 | 8:42 PM

During the first half of November, Vietnam has imported 4,597 completely built-up (CBU) cars with the total value of US$79.6 million, decreasing 4% in volume and 15.8% in [...]
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Hanoi-based industrial zones attract 11.6 trillion dong and US$3.56b

19-Nov-2010 Intellasia | Dau Tu page 2 | 8:42 PM

The Hanoi Industrial and Processing Zones’ management board has revealed that there were 19 industrial zones and processing ones in Hanoi with total area of 7,526 [...]
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DBS Group Holdings-Singapore opens branch in Vietnam

19-Nov-2010 Intellasia | DBS | 8:42 PM

DBS Group Holdings (DBS), the group headquartered in Singapore is operating in 15 markets with high capital adequacy ratio (CAR), being ranked at AA-and Aa1, on November 17 [...]
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Non-life insurance: many companies struggle to achieve their targets

19-Nov-2010 Intellasia | Dau Tu Chung Khoan | 8:41 PM

The number of non-life insurers achieving good business results like PetroVietnam Insurance (PVI) can be counted on the fingers, although 2010 would end in just over a month. [...]
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Annual lending rate for business and production areas reaches the peak of 19%

19-Nov-2010 Intellasia | VnExpress | 8:40 PM

Many businesses have fallen into very difficult situation since lending rates in some banks currently has increasd to between 16 and 19% per annum. Le Viet Ha, Chair of Milk [...]
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Nha Be Steel Co gains accumulative profit of 19b dong in Q3

19-Nov-2010 Intellasia | Dau Tu Chung Khoan page 17 | 8:39 PM

The UPCoM-listed Nha Be Steel Joint Stock Co (coded TNB) has reported gaining Q3 revenue of 207 billion dong and after tax profit of 8.46 billion dong. In the first nine [...]
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Cholimex to raise chartered capital to 81b dong

19-Nov-2010 Intellasia | Dau Tu Chung Khoan page 17 | 8:39 PM

The State Securities Commission (SSC) has lately been approved Cholimex Food Joint Stock Co (Cholimex) to offer 2.1 million shares to public. In details, the company planned [...]
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PVFC and VNSteel sign contract for credit limit of 500b dong

19-Nov-2010 Intellasia | Dau Tu Chung Khoan page 7 | 8:38 PM

PetroVietnam Joint Stock Financial Corp (PVFC) and Vietnam Steel Corp (VNSteel) have lately signed the contract of credit limit worth 500 billion dong. Under the signed [...]
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Steel sales surges

19-Nov-2010 Intellasia | Thoi Bao Kinh Te Saigon | 8:38 PM

Vietnam Steel Association (VSA) said that the demand for construction steel has increased strongly recently, so the country’s steel sales in November was estimated to [...]
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Phu Phong to sell 1.2m shares to Sinh Nam Metal firm

19-Nov-2010 Intellasia | Dau Tu Chung Khoan page 6 | 8:38 PM

Phu Phong Service and Trade Joint Stock Co (PPG) on November 18 signed a strategic partnership contract with Sinh Nam Metal Co.LTd (Vietnam) whereby Phu Phong JSC will sell [...]
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