Archive for March 5th, 2012
Business Briefs March 5
* The northern bourse-listed Hong Phat Investment and Construction Joint Stock Co (coded HPR) announced to close the shareholders list on March 13, 2012 for dividend payment [...]
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More than 70pct of listed shares hit ceiling price on both bourses
The VN Index of Hochiminh Stock Exchange (STC) increased 4.1 percent while the HNX Index of Hanoi Stock Exchange surged 5.6 percent. EIB reached over eight million shares [...]
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SD9 delays plan to hike chartered capital
Song Da 9 Joint Stock Co (coded SD9) announced to delay increasing chartered capital from 300 billion dong to 450 billion dong in 2012. In 2012, SD9 set targets to reach [...]
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AAM plans to pay 42pct dividend in 2011
The management board of Mekong Aqua products Joint Stock Co (coded AAM) has recently approved about the plan of holding the annual shareholders meeting and paying the third [...]
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Western Bank’s expects credit growth of 15pct in 2012
Western Commercial Joint Stock Bank (Western Bank) has recently said that in 2011 its pre tax profit was 161 billion dong, rising 148 percent from 2010. Till the end of 2011, [...]
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SBV posts over 3tr dong net withdrawal on OMO in last week
The State Bank of Vietnam (SBV) continued a net withdrawal on open market operations (OMO) last week in the context of incredibly low bond yield and interbank interest rate. [...]
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Coma18′s profit touches 1.62b dong
Coma 18 Joint Stock Co (coded CIG) has lately released the 2011 audited business results. In details, the company’s net revenue remained unchanged at 78.67 billion dong [...]
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Steel price predicted to ease in March
Vietnam Steel Association (VSA) has lately predicted that in March, the steel consumption situation would be improved; therefore, the steel price may be unchanged or lowered [...]
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Plan to build road from Mai Dich to South Thang Long
Ministry of transport has lately issued the decision No 353/QD-BGTVT, in which the ministry allowed Thang Long Project Management Board to devise the construction plan for [...]
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Stock brokerage firm hikes dividend rates to 16pct
HCM City Securities Joint Stock Co (coded HCM) announced to hold the annual general meeting (AGM) on April 26, 2012 in New World Saigon Hotel. At the meeting, the company [...]
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VCC to pay 18 pct dividend
Vinaconex 25 Joint Stock Co (coded VCC) has recently announced to hold the annual general meeting (AGM) on March 13, 2012. In the meeting, the company would seek approval [...]
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Medium scale enterprises announce huge dividends
Recently, a range of enterprises of average capital (more than 100 billion dong) have announced remarkable dividend payout ratios. FPT Online Services JSC, for instance, paid [...]
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Two stock exchanges likely to merge in 2013
The plan on the merger that has been mapped out will be brought forward to the government for approval in this quarter 3 and is expected to be implemented six months later, [...]
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Small commercial banks to lower lending rates for some privileged groups
Like other giants, many small commercial banks are about to lower lending rates for some privileged groups by 1pct-3pct. The credit package of 1 trillion dong with interest [...]
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Macroeconomic overview for week ending Mar 3
Together with the lowest CPI (consumer price index) rise in February in the last 10 years (up 1.37 percent month on month), the Index of Industrial Production (IIP) in [...]
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