Archive for February, 2012
Business Briefs February 29
* The management board of CNG Vietnam Joint Stock Co (coded CNG) has recently approved for paying 2011 dividend at applied ratio of 70 percent over chartered capital. * [...]
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VN Index gains 1.4pts
Bank shares continued to reach biggest trading volume on both bourses Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX). EIB reported 38.7 million shares being [...]
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CBRE says property slump set to rebound soon
FDI into property sector is forecast to jump in the near future and 2012 would witness the end of the market downturn, according to Marc Townsend, CEO of CBRE Vietnam. [...]
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Real estate enterprises fear debt repayment
Financial reports for quarter 4 2011 of listed real estate enterprises revealed substantial losses. Song Da Urban and Industrial Zone Development and Investment JSC (SJS) [...]
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Credit growth quotas likely transferable
Although credit growth quotas differ among credit institutions, the central bank’s management could “show a flexible approach”, Tran Phuong Binh, general [...]
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Construction on Cong Hoa Garden project started
The A41 Aircraft Repairing Co, under Ministry of National Defense and its partner of Kinh Do Real Estate Joint Stock Co (Kinh Do Land) have lately started construction works [...]
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LIG hands over Licogi 13 Tower in August
Licogi 13 Joint Stock Co (coded LIG) has lately held the topping out ceremony for the Licogi 13 Tower project sited in Khuat Duy Tien St, Nhan Chinh Ward, Thanh Xuan Dist, [...]
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Bien Hoa aims to obtain 55b dong in 2012 profit
Bien Hoa Packaging Joint Stock Co (coded SVI) announced it will hold it’s 2012 annual general meeting (AGM) on March 2 to gain shareholder approval for this [...]
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Sacom plans to return standby fund of over 100b dong
Sacom Investment and Development Joint Stock Co (coded SAM) expected to gain profit from financial activities of 115 billion dong and from real estate projects of 114 billion [...]
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SCIC to back expressway project
The State Capital Investment Corp (SCIC) has lately set up joint venture with Ha Long Investment and Production Development Co Ltd (BIM) for becoming the investor for [...]
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PTG registers for issuing over 1.5m shares
The UPCoM-listed Phan Thiet Garment Export Joint Stock Co (coded PTG) has currently submitted application profile for issuing over 1.5 million shares. In details, the company [...]
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VCR pays 2010 dividend at 15pct June 30
Vinaconex Investment and Tourism Development Joint Stock Co (coded VCR) released the resolution approved by the management board in the meeting held on February 23, 2012. [...]
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CSG purchases 500,000 fund shares
The southern bourse-listed Saigon Cable Joint Stock Co (coded CSG) has lately registered for purchasing in additional fund shares. According to the announcement, the company [...]
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HNX tenders 3.32tr G-bonds
Hanoi Stock Exchange (HNX) announced to hold the tender session for bidding 3.32 trillion dong government-guaranteed bonds (G-bonds) issued by Bank for Social Policies on [...]
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PetroVietnam arm to slash costs by 3.7tr dong
Vietnam National Oil and Gas Group (PetroVietnam-PVN) on February 28 organised a press conference to announce its operation orientation in 2012 whereby the group pledged to [...]
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