Archive for May 16th, 2012

Business Briefs May 16

16-May-2012 Intellasia | | 1:37 PM

* In the 2012 annual general meeting (AGM), the shareholders of Sa Giang Export-Import Joint Stock Co (coded SGC) have approved the 2012 targeted year plan with dividend [...]
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SCD targets profit of 23.7b dong

16-May-2012 Intellasia | Dau Tu Chung Khoan page 6 | 1:36 PM

Chuong Duong Beverage Joint Stock Co (coded SCD) plans to hold the annual general meeting (AGM) on May 19, in which the company would seek approval from the shareholders for [...]
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HAG to sell iron ore valued at 171b dong for Hoa Phat Group

16-May-2012 Intellasia | Dau Tu Chung Khoan page 5 | 1:35 PM

Hoang Anh Gia Lai Mineral Joint Stock Co, under Hoang Anh Gia Lai Group (coded HAG) announced to sign the contract for selling 100,000 tonnes of refined iron ore for Hoa Phat [...]
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SD2 hopes to earn profit of 4.5b dong in Q2

16-May-2012 Intellasia | Dau Tu Chung Khoan | 1:35 PM

The leaders of Song Da 2 Joint Stock Co (coded SD2) have released the Q2 business plan with profit of 4.5 billion dong. This year, the company expects to reach whole year [...]
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MKP to purchase 2.86m fund shares

16-May-2012 Intellasia | Dau Tu Chung Khoan page 6 | 1:34 PM

Mekophar Pharmaceutical Joint Stock Co (coded MKP) announced that from May 17 to June 18, 2012, the company would purchase over 2.86 million shares, equivalent to 28.4 [...]
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VietinBank to raise $2b from international market

16-May-2012 Intellasia | Dau Tu Chung Khoan | 1:34 PM

In two days May 15 and 16, 2012, in HCM City and Hanoi, Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank-CTG) is to organise seminars for analysts 2012 [...]
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VietinBank negotiating to sell 15-20pct stake to foreign partner

16-May-2012 Intellasia | CTG | 1:33 PM

Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank-CTG)’s plan in the next two years is to reduce the state holding ratio to 51%, Pham Huy Hung, [...]
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SBV proposed to expand lending rate cap for more sectors

16-May-2012 Intellasia | VnEconomy | 1:33 PM

The State Bank of Vietnam (SBV) is proposed to expand the lending interest rate cap in dong for more sectors in the remaining month of 2012 after the lending rate cap has [...]
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$97m for upgrading GMS second rural transport

16-May-2012 Intellasia | Dau Tu page 1 | 11:27 AM

Ministry of transport yesterday handed over the agreement of design consulting and supervision for the traffic road network for the second northern Greater Mekong Sub region [...]
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Traphaco to acquire Dak Lak Pharmaceutical Co

16-May-2012 Intellasia | Dau Tu Chung KHoan page 5 | 11:26 AM

Traphaco Joint Stock Co (coded TRA) has announced to finish purchasing 317,104 shares of Dak Lak Pharmaceutical and Medical Instrument Joint Stock Co (Duoc Dak Lak) at price [...]
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BMP gains profit of 81b dong in Q1

16-May-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 11:25 AM

In the first quarter of 2012, Binh Minh Plastic Joint Stock Co (coded BMP) reported gaining total profit of 81 billion dong, up 39.73 percent against the same period last [...]
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NTB contributes 500b dong in Bianfishco

16-May-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 11:25 AM

The Transport Engineering Construction & Business Investment Joint Stock Co No 584 (NTB) yesterday announced to make capital contribution valued at 500 billion dong in [...]
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HPG plans to sell over 4m fund shares

16-May-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 11:25 AM

Hoa Phat Group Joint Stock Co (coded HPG) has released the resolution approved by the management board about selling fund shares. Accordingly, the group plans to sell the [...]
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PVShipyard to targets 63.2b dong profit in 2012

16-May-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 11:24 AM

In the annual general meeting (AGM) of PetroVietnam Marine Shipyard Joint Stock Co (PVShipyard), the company’s shareholders have approved for issuing 27 million shares [...]
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VIR to float additional 3m shares on UPCoM from May 18

16-May-2012 Intellasia | Thoi Bao Kinh Te Vietnam page 7 | 11:24 AM

Starting from May 18, 2012, Vung Tau International Tourism Joint Stock Co (UPCoM-listed VIR) would start listing additional shares on the stock market. These shares have [...]
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