Archive for April 19th, 2011

Vietnam’s stock market keeps dismal trading

19-Apr-2011 Intellasia | AptVietnam | 8:44 PM

Ending the trading session today April 19, the VN Index lost another 1.72 points or 0.38 percent to 453.74 pts and similarly, the HNX Index also tumbled 0.33 points or 0.38 [...]
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Sonadezi aims to obtain pre-tax profit of 76b dong in 2011

19-Apr-2011 Intellasia | Vietstock | 8:43 PM

The management board of Sonadezi Long Thanh Joint Stock Co (coded SZL) has lately approved the 2011 business plan with total revenue of 180 billion dong and pre-tax profit of [...]
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Hoa Phat group gains 550b dong profit in Q1

19-Apr-2011 Intellasia | VnEconomy | 8:43 PM

Hoa Phat Group Joint Stock Co (HPG) has released the fiscal statement in the first quarter this year with 4.8 trillion dong of revenue, 1.87 times higher than the same period [...]
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$3.9m to hire consultant for Vietnam Airlines’ IPO

19-Apr-2011 Intellasia | Nguoi Lao Dong | 8:42 PM

The Ministry of Transport has recently asked the government to allow Vietnam Airline Corp (Vietnam Airlines) to make specific mechanisms in the bidding process for the [...]
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Sugar refinery firm hikes 2010 dividend to 35pct

19-Apr-2011 Intellasia | Vietstock | 8:42 PM

The southern bourse-listed Bien Hoa Sugar Joint Stock Co (coded BHS) organised the annual general meeting on April 15, 2011 and approved raising the 2010 dividend payment to [...]
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BIDV cooperates with Slovakia bank

19-Apr-2011 Intellasia | Thoi Bao Kinh Te Saigon Online | 8:41 PM

In Vietnam-Slovakia Business Forum held by Vietnam Chamber of Commerce and Industry and Embassy of the Republic of Slovakia on April 15, the Bank for Investment and [...]
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Interbank forex rate first time climbs to 20,733 dong/US dollar

19-Apr-2011 Intellasia | NDHMoney | 8:40 PM

On April 19, the State Bank of Vietnam (SBV) raised the interbank average forex rate to 20,733 dong/US dollar from 20,728 dong/US dollar on April 18, marking the highest [...]
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Habubank’s audited profit falls 120b dong

19-Apr-2011 Intellasia | NDHMoney | 8:40 PM

Hanoi Building Commercial Joint Stock Co (Habubank-HBB) has announced its audited business results in 2010 whereby the bank’s profit and equivalent incomes reached 3.06 [...]
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Vienamese dong intrinsically not weak: WB’s former expert

19-Apr-2011 Intellasia | Saigon Tiep Thi | 8:39 PM

In the seminar on foreign exchange management taken place in Hanoi on April 18, Michel Henry Bouchet, a former financial manager of the World Bank (WB), said dong is actually [...]
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Listed firms hesitant on profit plans, banks target higher earnings in 2011

19-Apr-2011 Intellasia | CaFeF | 8:39 PM

While businesses listed stock exchanges all set lower profit plans in 2011 compared to 2010 due to fears of high lending interest rates, high inflation, banks continue to set [...]
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US dollar supply on the rise: SBV

19-Apr-2011 Intellasia | Thanh nien | 8:38 PM

Commercial banks have sold out US dollars in the short-term to gain dong on the inter-bank market, which has helped the dollar price ease significantly, Thanh Nien newspaper [...]
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New steel mill to be built in Lao Cai Province

19-Apr-2011 Intellasia | Thoi Bao Kinh Te Vietnam page 3 | 8:37 PM

Viet Trung Mining and Metallurgy Co Ltd has recently kicked off construction works on a new cast iron and steel mill with designed capacity of 1 million tonnes per year. The [...]
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TDH adjusts to raise dividend rates to 20pct in cash

19-Apr-2011 Intellasia | Thoi Bao Kinh Te Vietnam page 13 | 8:37 PM

Thu Duc House Joint Stock Co yesterday held the annual general meeting to seek approval for raising the dividend payment in cash from 18 percent to 20 percent in 2010. In [...]
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First rice exporter officially makes debut session on southern bourse

19-Apr-2011 Intellasia | Thoi Bao Kinh Te Vietnam page 13 | 8:36 PM

Docimexco Joint Stock Co announced to make debut session for officially listing shares on the Hochiminh Stock Exchange (STC) tomorrow April 20, 2011, after receiving the [...]
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PHT pays second round dividend in cash

19-Apr-2011 Intellasia | Thoi Bao Kinh Te Vietnam page 13 | 8:36 PM

Phuc Tien Production and Trading Joint Stock Co (STC-listed PHT) announced that April 25 would be the registration deadline to pay the second round dividend for existing [...]
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