Archive for March 19th, 2012

March 19: Vietnam Stocks Gain, Broker, Banking Shares Outperform

19-Mar-2012 Intellasia | STC | HNX | 8:25 PM

Vietnamese stocks struggled for direction today before closing the morning session up, money flew to securities stocks. The benchmark VN Index added 1.65 points or 0.38 [...]
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SD6 to offer 1.7m shares to merge S64 and SSS

19-Mar-2012 Intellasia | CafeF | 7:47 PM

Song Da 6 Joint Stock Co (coded SD6) will organise its AGM (annual general meeting) 2012 on March 28 to pass the business results and profit allocation plan in 2011 as well [...]
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Song Da Group finding it hard to repay foreign loans

19-Mar-2012 Intellasia | SGTT | 7:47 PM

A source from the local newspaper Saigon Tiep Thi said that Song Da Group is facing difficulties in balancing its capital sources to repay foreign debts due to a bid debt [...]
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DRC to disburse 1.244tr dong in radial tyre plant

19-Mar-2012 Intellasia | Dau Tu Chung Khoan page 6 | 7:46 PM

Da Nang Rubber Joint Stock Co (coded DRC) announced lately that the implementation process for the radial tyre plant project with designed capacity of 600,000 products per [...]
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Steel consumption remains at low level

19-Mar-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 3 | 7:46 PM

The statistics released by ministry of industry and trade showed that in February 2012, the total construction steel production output was posted at 370,000 tonnes, [...]
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PHR withdraws capital from stock investment activities

19-Mar-2012 Intellasia | Dau Tu Chung Khoan page 6 | 7:45 PM

Phuoc Hoa Rubber Joint Stock Co (coded PHR) has lately worked out the plan for withdrawing the capital from stock investment sector this year with the goal of retrieving the [...]
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Vietnam C.bank issues Treasury bill to withdraw over 5.1tr dong on OMO

19-Mar-2012 Intellasia | NDHMoney | 7:44 PM

The State Bank of Vietnam (SBV) issued Treasury bill to withdraw 5.139 trillion dong on March 15-16 to ensure the liquidity of the banking system through the open market [...]
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EVN yet to propose electricity price hike

19-Mar-2012 Intellasia | VnExpress | 6:13 PM

April 2011 saw the prime minister’s Resolution 24 on electricity price management on market mechanism and the Ministry of Industry and Commerce’s issuance of [...]
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Inflation to be barely hit by 1pct decline in interest rates

19-Mar-2012 Intellasia | VnExpress | 6:12 PM

Official relaxing of mobilisation cap rate and several normal interest rates of 1 percent since 13 March is expected to provide accessible credit to enterprises and hardly [...]
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HSBC: 10pct increase in petroleum price may hardly affect CPI

19-Mar-2012 Intellasia | VnExpress | 6:11 PM

The recent 10 percent petroleum price increase could hardly affect CPI, according to HSBC’s economic research group in their report on macro economy and Vietnam’s [...]
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Vinatex gains accumulative revenue of 6.402tr dong in Jan-Feb period

19-Mar-2012 Intellasia | Dau Tu Chung Khoan page 6 | 6:10 PM

Vietnam Garment and Textile Group (Vinatex) has revealed that by the end of February, about 70-80 percent of the group’s member companies have already signed export [...]
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First turbine of Dong Nai 4 hydropower plan starts trial operation

19-Mar-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 2 | 6:09 PM

The 170MW first turbine of Dong Nai 4 hydropower plant has been recently been started idle run so as to be officially put into operation by the end of this month. Dong Nai 4 [...]
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CNG Vietnam aims to obtain 115b dong profit in 2012

19-Mar-2012 Intellasia | Dau Tu Chung Khoan page 5 | 6:09 PM

CNG Vietnam Joint Stock Co (coded CNG) released the 2012 business plan with targeted revenue of 872 billion dong and after tax profit of 115 billion dong. The company’s [...]
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PSB expects to reach 2012 profit of 3.47b dong

19-Mar-2012 Intellasia | Dau Tu Chung Khoan page 7 | 6:08 PM

Sao Mai Ben Dinh Petroleum Investment Joint Stock Co (coded PSB) announced to hold the annual general meeting (AGM) on April 6, 2012 for seeking approval from the [...]
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HPR plans to pay 20 pct dividend in 2012

19-Mar-2012 Intellasia | Kinh Te Vietnam & The Gioi page 11 | 6:08 PM

Hong Phat Insurance and Construction Joint Stock Co (coded HPR) has released the resolution approved in the 2012 annual general meeting, with expected dividend rate for 2012 [...]
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