Archive for January 13th, 2012
Business Briefs January 13, 2012
* The State Treasury of Vietnam will open auctions for VND25 trillion worth of government bonds and notes at the Hanoi Stock Exchange (HNX) in the first quarter of 2012, up [...]
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VN Index posts five consecutive gains to exceed 354 pts
The VN Index of Hochiminh Stock Exchange (STC) today January 13, 2012 gained points for the fifth straight session, adding over six points to 354.33 pts, marking the [...]
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Bitexco to kick off construction on Ben Thanh Twin Towers in Q1
Bitexco Group’s general director, Vu Quang Bao, has recently said his group will start construction on Ben Thanh Twin Towers project in the first quarter of 2012. As [...]
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Dabaco earns after tax profit of 220b dong in 2011
Dabaco Vietnam Group Joint Stock Co (coded DBC) has lately said that in 2011 the company gained five trillion dong revenue, much higher than its year plan of 3.754 trillion [...]
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HRC estimates to gain 128b dong profit in 2011
In 2011, Hoa Binh Rubber Joint Stock Co (HRC) estimated to gain total revenue of 688 billion dong, pre tax profit of 142 billion dong and after tax profit of 128 billion [...]
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Aviation insurer posts 676b dong revenue in 2011
Vietnam Aviation Insurance Joint Stock Co (VNI) has recently summarised the operation in 2011 with estimated revenue of over 676 billion dong, of which, insurance premium was [...]
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Bao Viet insurer gains 450b dong pre tax profit in 2011
Bao Viet Insurance Corp on January 12, 2012 organised a meeting to carry out its business tasks in 2012. Ending 2011, the insurer earned revenue of over 5.775 trillion dong, [...]
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More than 10 enterprises get nod to import over 2.1 tonne of gold
The State Bank of Vietnam (SBV) has recently allowed over 10 enterprises to import total over 2.1 tonnes of gold, according to the general Department and Vietnam Customs on [...]
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SBV continues to pump nearly 9tr dong on OMO on January 12
In January 12, 2012, the State Bank of Vietnam (SBV) continued to inject 19.907 trillion dong on open market operations (OMO), including 16 trillion dong for 21-day term and [...]
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Chimei Innolux seeks govt aid to extend loans
Taiwan’s Chimei Innolux, the world’s No.3 LCD maker, is in talks with banks to extend loan payments with the help of the government, a government official said on [...]
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Beijing takes Taiwan off watch list after food scare
The Bureau of Foreign Trade yesterday said China had taken Taiwan off of its food-and-beverage import watch list, which contained more than 800 Taiwanese products because of [...]
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Export orders expected to top $436b. In 2012
Despite downturn from the third quarter last year, Taiwan’s export performance will continue to rise in the long run, with the total export orders for 2012 expected to [...]
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China’s gold imports from HK surge to highest ever
China’s gold imports from Hong Kong surged to a record as consumers bought the metal before the Lunar New Year this month and investors sought to hedge against [...]
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China approves 10 banks to issue 25b yuan bonds in HK
China’s top economic planner the National Development and Reform Commission said on Wednesday that it has given approval for 10 domestic banks to issue bonds in Hong [...]
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Vietnam 2015 coal output to rise to 55-58m/t
Vietnam aims to raise its coal output to 55-58 million tonnes in 2015 from an estimated 48.9 million tonnes this year in an effort to meet demand for fast-growing electricity [...]
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