Archive for April 9th, 2012

Business Briefs April 9

09-Apr-2012 Intellasia | | 9:14 PM

* 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

09-Apr-2012 Intellasia | STC | HNX | 9:09 PM

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

09-Apr-2012 Intellasia | MarketWatch | 7:25 PM

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

09-Apr-2012 Intellasia | Dau Tu page 4 | 7:07 PM

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

09-Apr-2012 Intellasia | Dau Tu page 4 | 7:06 PM

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

09-Apr-2012 Intellasia | Dau Tu page 2 | 7:06 PM

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

09-Apr-2012 Intellasia | Dau Tu page 1 | 7:05 PM

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

09-Apr-2012 Intellasia | Tuoi Tre | 7:05 PM

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

09-Apr-2012 Intellasia | DVT | 7:01 PM

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

09-Apr-2012 Intellasia | STC | 7:01 PM

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

09-Apr-2012 Intellasia | Phap Luat TPHCM | 7:00 PM

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

09-Apr-2012 Intellasia | Vietnamplus | 6:20 PM

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

09-Apr-2012 Intellasia | Thoi Bao Kinh Te Saigon | 6:19 PM

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

09-Apr-2012 Intellasia | DVT | 6:19 PM

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

09-Apr-2012 Intellasia | Thanh Nien | 6:18 PM

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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