Archive for November 19th, 2010
Stock market ends week with strong fall
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 [...]
» More
Hanoi estimates average GDP growth at 10.72pct in 2006-10
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 [...]
» More
Vietnam banks start to tighten lending
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 [...]
» More
SMT pays first round dividend
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 [...]
» More
Hoang Anh Gia Lai to offer 19m shares for Deutsche Bank
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. [...]
» More
Car imports continue to fall
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 [...]
» More
Hanoi-based industrial zones attract 11.6 trillion dong and US$3.56b
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 [...]
» More
DBS Group Holdings-Singapore opens branch in Vietnam
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 [...]
» More
Non-life insurance: many companies struggle to achieve their targets
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. [...]
» More
Annual lending rate for business and production areas reaches the peak of 19%
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 [...]
» More
Nha Be Steel Co gains accumulative profit of 19b dong in Q3
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 [...]
» More
Cholimex to raise chartered capital to 81b dong
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 [...]
» More
PVFC and VNSteel sign contract for credit limit of 500b dong
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 [...]
» More
Steel sales surges
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 [...]
» More
Phu Phong to sell 1.2m shares to Sinh Nam Metal firm
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 [...]
» More
