Archive for May 18th, 2011

Business Briefs May 18

18-May-2011 Intellasia | | 8:53 PM

* Under the resolution of Sara Vietnam Joint Stock Co (SRA)’s AGM 2010, the company will offer four million shares to scale up its chartered capital from 20 billion [...]
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VN Index drops 2pct, HNX slips 0.88pct May 18

18-May-2011 Intellasia | AtpVietnam | 8:51 PM

Closing the trading session on May 18, the VN Index continued to fall 9.44 points or 2.03 percent to 454.91 pts and similarly the HNX Index also dropped 0.7 points or 0.88 [...]
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SPT finalises joint venture dossier with S-fone mobile network

18-May-2011 Intellasia | Saigon Tiep Thi | 8:50 PM

Saigon Post and Telecommunication Service Joint Stock Corp (SPT) and SK Telecom, partner in the business cooperation contract with S-fone mobile network, has recently [...]
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Japanese group plans auto facility in Da Nang

18-May-2011 Intellasia | Tuoi Tre | 8:49 PM

Tokai will build a factory on a site of 200 hectares with a total investment of $18-20 million in the central coastal city of Da Nang. Phung Tan Viet, vice chair of Da Nang [...]
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Vinpearl reports gaining Q1 profit of 67b dong

18-May-2011 Intellasia | STC | 8:48 PM

Vinpearl Joint Stock Co (coded VPL) has recently released the financial reports after the first three months of this year. Accordingly, the company reported gaining total [...]
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DBT and HTC enjoy sharp increase in Q1 profit

18-May-2011 Intellasia | Vietstock | 8:47 PM

The northern bourse-listed Ben Tre Pharmaceutical Joint Stock Co (coded DBT) and Hoc Mon Trading Joint Stock Co (coded HTC) have lately released the Q1 business results with [...]
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Many enterprises have plans for listing shares on stock markets this year

18-May-2011 Intellasia | Dau Tu Chung Khoan page 6 | 8:46 PM

Although the stock markets saw the downturn trend in early months of this year, many enterprises still planned to start listing shares on the market as scheduled. In details, [...]
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Maritime Bank applies to offer 200m shares at 5:2 ratio

18-May-2011 Intellasia | Vietstock | 8:46 PM

Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank-MSB) has recently applied dossier to offer 200 million shares for the existing shareholders at the ratio of 5:2. [...]
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Gold price slips to 36.36m dong/tael

18-May-2011 Intellasia | | CafeF | 8:45 PM

The gold price in the domestic today Wednesday (May 18) dropped 40,000 dong in buying price from late yesterday to stand at 37.36 million dong/tael due to the world gold [...]
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SBV should adjust the refinancing rate after OMO rate hike

18-May-2011 Intellasia | CaFeF | 8:44 PM

When the interest rate on the open market operations (OMO) is 15 percent per year higher than the interest rate ceiling of 14 percent per year, this situation will make banks [...]
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Giai Phong Auto plans to hike chartered capital to 180b dong

18-May-2011 Intellasia | Dau Tu Chung Khoan page 5 | 8:43 PM

Giai Phong Auto Joint Stock Co (coded GGG) plans to hold the 2011 annual general meeting on May 27, in which the company will seek approval among the shareholders for raising [...]
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Avalon Waterways expands tourism activities in Vietnam

18-May-2011 Intellasia | Kinh Te Vietnam & The Gioi page 1 | 8:42 PM

In the press conference held on May 16, 2011, Steve Born, marketing manager in Avalon Waterways, one of the US river cruise travel agents, stated that his company plams to [...]
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Pharmaceutical firm targets to reach profit of 16b dong

18-May-2011 Intellasia | Dau Tu Chung Khoan page 7 | 8:41 PM

Nguyen Minh Thang, chair of management board in Lam Dong Pharmaceutical Joint Stock Co (LDP) announced that in order to raise the liquidity for the company’s shares, [...]
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VTF expects to gain profit of over 70b dong

18-May-2011 Intellasia | Dau Tu Chung Khoan page 6 | 8:40 PM

Viet Thang Feed Joint Stock Co (coded VTF) would hold the annual general meeting on May 21, 2011 for seeking approval in the 2011 business plan with targeted after tax profit [...]
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CCM calls for capital in Can Tho-Hau Giang cement plant

18-May-2011 Intellasia | Dau Tu Chung Khoan page 6 | 8:40 PM

In the upcoming 2011 AGM, Can Tho Cement and Mineral Joint Stock Co (coded CCM) planned to seek approval among the shareholders for selecting the partner in making investment [...]
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