Archive for May, 2011
Business Briefs May 31
* Hanoi Architecture Joint Stock Co (Haco) has recently submitted application profile for listing shares on Hanoi Stock Exchange (HNX). Accordingly, the company, with [...]
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VN Index continues upward tendency thanks to Blue-chips May 31
Closing the last trading session of May, the VN Index gained another 9.27 points or 2.25 percent to 421.37 pts, marking the fourth consecutive gain on the Hochiminh Stock [...]
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Vietnam’s macro policies on right track
Consumer price index (CPI) rose 2.21 percent in May, slowing down in comparison to 3.32 percent in the previous month. Deposit rates now do not seem to continue with jumps [...]
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Over 66.5tr dong likely to be invested on ring-road No 4 project
Ministry of transport has recently submitted the proposal to prime minister for building ring-road No 4 to cover the total area of 1,230 hectares. Of which, the project would [...]
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SBV should not impose 20pct credit growth on all banks: expert
The State Bank of Vietnam (SBV) should not impose the credit growth at 20 percent for all commercial banks and 16 percent credit growth for non-manufacturing sector by the [...]
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Gold price climbs to 37.9m dong/tael
In the trading session on May 31, the gold price increased 100,000 dong per tael from yesterday morning while the US dollar price remained unchanged day on day. At 9:00 am [...]
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Securities firms not allowed to lend to stock investors: SSC
Securities companies are not allowed to lend money to customers to purchase securities, except for other rules issued by the Ministry of Finance. This is one of the important [...]
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OGC contributes 65pct stake into THT Vietnam
Ocean Group Joint Stock Co (OGC) has recently announced to make capital contribution into its subsidiary. Accordingly, OGC would buy 1.95 million shares worth 19.5 billion [...]
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PVN to build PVN Index set
The set of indicators will include all subsidiaries under the Vietnam National Oil and Gas Group (PetroVietnam-PVN) which are listing shares on Hochiminh Stock Exchange [...]
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PVV gains Q1 net profit of 825m dong
The northern bourse-listed Vinaconex-PVC Investment Construction Joint Stock Co (coded PVV) earned profit of 825 million dong in Q1, sharply lower than the same period last [...]
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CTM pays dividend at 10pct
Vinavico Investment Construction and Mining Joint Stock Co (coded CTM) has applied for issuing additional 400,000 shares to pay 2010 dividend at 10 percent ratio. This year, [...]
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GasShipping registers for listing 30m shares on southern bourse
Hochiminh Stock Exchange (STC) released the Announcement No 552/2011/TB-SGDHCM reporting about receiving the application profile for listing share submitted by the [...]
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Pharbaco registers for offering 2.45m shares at 2:1 ratio
Pharbaco Central Pharmaceutical Joint Stock Co No 1 (Pharbaco) registered for offering 2.45 million shares to existing shareholders yesterday May 30, 2011. The company will [...]
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CotecLand pays dividend in cash at 16pct
Hochiminh Stock Exchange (STC) has issued announcement No 557/2011/TB-SGDHCM about the registration deadline to close the shareholders list for dividend payment purposes of [...]
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NIS offers additional shares to hike chartered capital
The HNX-listed Network Infrastructure Services Joint Stock Co (coded NIS) has approved the method of raising chartered capital to 80 billion dong via issuing additional [...]
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