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Archive for January 13th, 2012

Business Briefs January 13, 2012

13-Jan-2012 Intellasia | | 7:49 PM

* 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

13-Jan-2012 Intellasia | DVT | 7:48 PM

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

13-Jan-2012 Intellasia | Dau Tu Chung Khoan | 7:45 PM

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

13-Jan-2012 Intellasia | Dau Tu Chung Khoan page 5 | 7:45 PM

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

13-Jan-2012 Intellasia | Dau Tu Chung Khoan page 5 | 7:44 PM

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

13-Jan-2012 Intellasia | Dau Tu Chung Khoan page 5 | 7:44 PM

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

13-Jan-2012 Intellasia | Nhan Dan | 7:43 PM

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

13-Jan-2012 Intellasia | Saigon Tiep Thi | 7:43 PM

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

13-Jan-2012 Intellasia | NDHMoney | 7:42 PM

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

13-Jan-2012 Intellasia | Reuters | 5:13 PM

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

13-Jan-2012 Intellasia | Taipei Times | 5:12 PM

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

13-Jan-2012 Intellasia | | 5:11 PM

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

13-Jan-2012 Intellasia | Business Week | 5:11 PM

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

13-Jan-2012 Intellasia | Reuters | 5:09 PM

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

13-Jan-2012 Intellasia | Reuters | 5:08 PM

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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