Archive for June 4th, 2012
Business Briefs June 4
* Vietnam Securities Depository Centre (VSD) has lately released the dividend payment schedule of Ba Ria Thermo Power Joint Stock Co (coded BTP). * The northern bourse-listed [...]
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L35 to hand over Hua Na hydropower plant in late 2012
Le Huu Dieu, chair of management board in Lilama 35 Joint Stock Co (coded L35) announced that the company has speeded up the implementation progress for construction project [...]
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DPM to provide 130,000 tonnes of fertiliser to market in June
PetroVietnam Fertiliser and Chemical Joint Stock Corp (coded DPM) has lately announced to supply about 70,000 tonnes of fertiliser produced by Phu My fertiliser plant and [...]
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AREVA shows interest in Ninh Thuan 2 nuclear power plant
Othman Salhi, vice chair of the France-based AREVA Group in Asian region has lately visited Ninh Thuan province to collect information about the construction project of Ninh [...]
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HCM City to issue bonds for transport development
HCM City People’s Committee on June 3 agreed with some solutions proposed by HCM City Department of Transport to raise capital for some transport projects in the [...]
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HSBC forecasts interest rates to further fall by 2pct in Q3/2012
In its latest report on Vietnam’s outlook in June 2012, Hong Kong and Shanghai Banking Corporation Limited (HSBC) said that Vietnam’s impressive growth rates [...]
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Vina Kyoei to start construction on new steel mill this week
It was expected that within this week, Vina Kyoei Steel Co (VKS) would officially start construction works on the new steel mill with designed capacity of 500,000 tonnes of [...]
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Apparel export to US in first five months remains low
Vietnam Textile and Garment Association (Vitas) has lately released that the apparel export turnover to the US markets in the first five months of 2012 was estimated at $2.7 [...]
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AEON Vietnam gets approval for building new trading centre in Binh Duong
Binh Duong province Department of Planning and Investment last weekend officially granted the investment licence for AEON Vietnam Co Ltd for building the new AEON-Binh Duong [...]
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$6.6m invested in building LAS plant
The Industrial Chemical Co Ltd (SIC), Toyota Tsusho Vietnam Co (under Japan’s Tsusho Group) and Taiwan-based Formusan Union Chemical Co officially kicked off [...]
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MPC to offer shares at price of 40,000 dong/share
Le Van Quang, chair of management board in Minh Phu Seafood Group Joint Stock Co (coded MPC) has lately revealed that the company would issue additional 30 million shares to [...]
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5.5tr dong from G-bond issuance for 19 irrigation projects
The Standing Committee of National Assembly has lately released the resolution No 495/NQ-UBTVQH13 regulating about allocating the 5.5 trillion dong G-bonds for 2011-2015 [...]
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ABBank offers preferential lending rates for individual customers
An Binh Commercial Joint Stock Bank (ABBank) has lately launched the promotion programme of “Thoa suc tieu dung – An tam kinh doanh” with preferential [...]
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ANZ Vietnam lowers lending interest
ANZ Bank Vietnam has lately announced the adjustment in the lending interest offering for customers who would like to borrow capital for purposes of purchasing, building or [...]
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SBV posts net injection of 712b dong on OMO in May
After three consecutive months of net withdrawals totalled up to 187.572 trillion dong via open market operations (OMO) (in February, the State Bank of Vietnam (SBV) withdrew [...]
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