Archive for March 19th, 2012
March 19: Vietnam Stocks Gain, Broker, Banking Shares Outperform
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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