Archive for August 8th, 2011
VN Index slips to 396pts August 8
After two gains, the VN Index of Hochiminh Stock Exchange (STC) returned to fall 4.47 points or 1.12 percent to 396.41 pts. The market saw 190 losers, 59 gainers and 52 [...]
» More
Sao Ta reaches $43.7m sale turnover in Jan-Jul
Sao Ta Foods Joint Stock Co (FMC) has announced the business results for July and the first seven months of this year. Accordingly, in July, it processed 877 tonnes of frozen [...]
» More
SHTP attarcts 53 projects
In the first six months of this year, HCM City has granted licenses for seven new projects worth over $102 million and total additional capital for existing projects was $5 [...]
» More
Vietnam imports over 4m tonnes of steel in Jan-Jul
The country’s trade deficit of steel has no sign of improvement though the export turnover of steel in the first seven months of this year increased up to 44.2 percent [...]
» More
Techcombank assigned to serve $175m project
The State Bank of Vietnam (SBV) on August 5 issued a decision assigning Vietnam Technological Commercial Joint Stock Bank (Techcombank) to serve “urban transport [...]
» More
Margin rates not to above 150pct of basic interest rate
The State Securities Commission of Vietnam (SSC) held a meeting with securities companies on August 4 to finalise the draft regulations on margin trading which have been [...]
» More
FDI inflows to Vietnam shift to realty projects
Foreign direct investment (FDI) is now believed to be the only escape for Vietnamese businesses in real estate sector. Plenty of world’s large corporations are seeking [...]
» More
Monetary tightening should not stay for long
Drastic and comprehensive efforts missing in the fight against inflation, proposal for short-term implementation of monetary tightening and the like are among the most [...]
» More
Liberty to hike chartered capital to 649b dong
Shareholders’ extraordinary meeting of Que Huong Liberty Joint Stock Co (Liberty) recently agreed a plan to scale up its chartered capital from 320 billion dong to 439 [...]
» More
Vietnam’s rubber exports up 69 pct in value in first 7 months
During the first seven months of this year, Vietnam has exported 349,000 tonnes of rubber, earning $1.5 billion, rising 6.6 percent in quantity and 68.9 percent in value from [...]
» More
TienPhongBank posts over 180b dong pre tax profit in H1
Tien Phong Commercial Joint Stock Bank (TienPhongBank) has recently said that in the first six months of this year, it gained over 180 billion dong pre tax profit, up 16 [...]
» More
Singaporean investors invest over $23b in Vietnam in Jan-Jul
As of July 2011, Singaporean investors have invested $23.2 billion in Vietnam and became the third largest foreign investor in the country. The figure was given at ceremony, [...]
» More
Asia stocks fall after US downgrade
Asian shares dropped on Monday, with investors shaken after a US government debt downgrade, but stocks were off early lows amid signs that policy markers were willing to act [...]
» More
Seven killed in Cameron Highlands landslide in Malaysia
The death toll from a landslide near Malaysia’s Cameron Highlands tourist spot rose to seven on Monday after the bodies of the last four missing victims were found, [...]
» More
2nd UPDATE: G-7 Pledges Coordinated Steps To Calm Financial Markets
The Group of Seven industrial nations pledged Monday to take coordinated steps to ensure financial markets have sufficient liquidity and operate properly, seeking to quell an [...]
» More
