Archive for April 12th, 2012

Business Briefs April 12

12-Apr-2012 Intellasia | | 7:21 PM

* Vietnam Holding Limited has bought over 920,000 shares of PetroVietnam Engineering Consultancy Co. (PVE) to bring up its ownership from 5.5 percent to 10.7 percent. * Ocean [...]
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April 12: Vietnam Stocks Close Morning Session Up on Upbeat Sentiment

12-Apr-2012 Intellasia | STC | HNX | 7:19 PM

Vietnamese stocks extended gain this morning as investors flocked to stocks after the rate cut and sluggishness of other alternative investment channels. The benchmark VN [...]
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Bidv securities posts 28b dong profit in Q1/2012

12-Apr-2012 Intellasia | Tri Thuc Tre | 7:18 PM

Bank for Investment and Development of Vietnam (Bidv)’s Securities Joint Stock Co (BSI) has recently announced its business performance in the first quarter of 2012, [...]
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Habubank profit decreases 28b dong after audit

12-Apr-2012 Intellasia | HBB | 7:17 PM

Hanoi Housing Development Commercial Joint Stock Bank (Habubank-HBB) has recently announced its audited fiscal statement in 2011 with interest income and income equivalents [...]
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Deposit rates of many banks at 10-11pct/yr

12-Apr-2012 Intellasia | Tuoi Tre | 7:16 PM

While many banks are still applying the maximum interest rate (12 percent per year) for terms such as Sacombank and Vietcombank, the interest rate benchmark at some other [...]
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Bidv lowers lending rates in many sectors

12-Apr-2012 Intellasia | Thoi Bao Ngan Hang page 2 | 7:14 PM

Following the State Bank of Vietnam (SBV)’s move in reducing interest rates, from April 11, Bank for Investment and Development of Vietnam (Bidv) announced adjusting [...]
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Vietnam SBV yet to get merger plan between SHB and HBB

12-Apr-2012 Intellasia | DVT | 7:14 PM

At the press conference held by the State Bank of Vietnam (SBV) on April 14, the central bank’s governor Nguyen Van Binh, confirmed that the central bank has not [...]
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Governor to talk about loosening credit to non-production sector

12-Apr-2012 Intellasia | VnEconomy | 7:13 PM

Early 11 April, the State Bank of Vietnam held a press conference on policy amendment with concentration on interest rate and new credit scheme. Notably, many groups of [...]
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Current account deficit to be around 1.5pct of GDP in 2012: ADB

12-Apr-2012 Intellasia | VnEconomy | 5:54 PM

Recently, Asian Development Bank (ADB) has released the Asia Development Outlook 2012 (ADO) with anticipation of Vietnam’s economic prospects on the first [...]
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Tokyo stocks edge higher, but Seoul slides

12-Apr-2012 Intellasia | MarketWatch | 4:15 PM

Most Asian markets notched slim gains on Thursday, after lower European borrowing costs helped US stocks break a losing run overnight, but South Korean shares returned from a [...]
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Thailand’s Phuket internat’l airport reopens after warning lifted

12-Apr-2012 Intellasia | Reuters | 4:15 PM

Thailand’s Phuket International Airport reopened on Wednesday after the government lifted a tsunami warning on six of the country’s Andaman coast provinces, an [...]
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980b dong for Con Bap Tourism Complex project

12-Apr-2012 Intellasia | Dau Tu page 2 | 4:01 PM

Con Bap Eco-tourism Co Ltd has lately kicked off the construction works on Con Bap Eco-tourism Complex sited in Cam Nam, Hoi An Town, Quang Nam province. The project is [...]
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PET targets profit of 240b dong in 2012

12-Apr-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 11 | 4:00 PM

PetroVietnam general Services Corp (coded PET) has approved the 2012 business plan with targeted revenue of 10 trillion dong and pre-tax profit of 240 billion dong. The [...]
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Film producer plans to issue shares

12-Apr-2012 Intellasia | Dau Tu page 2 | 4:00 PM

The Film Import-Export and Producing One-Member Co Ltd announced to hold the initial public offering (IPO) with total share volume of 3,336,478 shares. As planned, the [...]
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Mediplantex to allocate bonus shares

12-Apr-2012 Intellasia | Dau Tu Chung Khoan page 18 | 3:57 PM

In the annual general meeting (AGM), the shareholders of Mediplantex Central Pharmaceutical Joint Stock Co (Mediplantex) have approved for issuing additional shares to hike [...]
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