Archive for April 9th, 2012
Business Briefs April 9
* Century Fibre Joint Stock Co (Century Corp) has recently approved for paying 2011 dividend in shares. In details, the dividend would be paid at 20 percent rate. The payment [...]
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April 9: VN Index Flirts 450 in Morning Session, Liquidity Average
Vietnamese stocks closed up this morning but the index was still shy of the threshold 450, both buyers and sellers were really patient. The benchmark VN Index gained 2.1 [...]
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Asia stocks drop after US jobs, China inflation
Asian markets declined on Monday after China’s inflation accelerated in March and as a weak American employment report dragged on US equity futures, with Japanese [...]
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Blue Diamond Technologies expresses wish to produce ethanol
The Canada-based Blue Diamond Technologies Co Ltd recently signed the memorandum of understandings (MoU) with Thai Nguyen province people’s committee for making [...]
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Investment licence for Le Le eco-tourism complex project revoked
Binh Dinh province people’s committee has decided to revoke the investment licence that was granted for the US-based Le Le Co Ltd, following the company’s [...]
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Two new investment projects to be started in Hai Phong City
Hai Phong Economic Zone Management Association (Heza) has lately granted the investment licences for the two projects to be conducted by Malaysian and Japanese investors. The [...]
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4,436 projects delayed
Ministry of Planning and Investment (MPI) has lately submitted the general reports about 2011 investment progress and evaluation in 2011. Accordingly, last year, there were [...]
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VRG to divest trillions of dong from non-core sectors
Vietnam Rubber Industry Group (VRG) has recently completed its restructuring plan whereby the group will focus on three main sectors namely growing and tapping rubber, rubber [...]
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PetroVietnam posts nearly 190tr dong revenue in Q1/2012
Vietnam National Oil and Gas Group (PetroVietnam-PVN) in the morning April 9 organised a press conference to publish its business and production performance in the first [...]
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Eximbank-established affiliate holds 5.17pct stake in Sacombank
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank-STB) has recently reported the holding of its majority shareholder namely Saigon Exim Investment Joint Stock Co [...]
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MB earmarks 10tr dong soft loans for exporters
Military Commercial Joint Stock Bank (MB) on April 6 signed a cooperation agreement with Vietnam Chamber of Commerce and Industry (VCCI) to carry out preferential credit [...]
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Hanoi property market’s liquidity declines sharply
Hanoi real estate market has seen the ever lowest consumption rate in the last quarter, Savills, a multinational property consulting firm, reported. The total office supply [...]
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Elliott’s suit against Vinashin terminates on debt purchase from local firm
Elliott Advisors Investment Fund has given up the lawsuit against Vietnam Shipbuilding Industry Group (Vinshin) filed at London High Court, said Nguyen Ngoc Su, chair of [...]
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Home buyers could benefit from potential credit loosening: Nhung
It is very likely that home buyers could benefit from potential credit loosening, Do Thi Nhung, deputy director of Monetary Policy Department (the State Bank of Vietnam) was [...]
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Google and Facebook may have to establish representative offices in Vietnam
Foreign organisations and enterprises providing public information across borders with a large volume of users will have to set up representative offices in Vietnam. This is [...]
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