Archive for June 11th, 2012
Business Briefs June 11
* Vinh Long Food Company (VLF) has announced June 15 as the ex-dividend date for shareholders to receive 2011 dividend in cash at 10 percent and in stock at the 20:3 ratio. * [...]
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Vietnam’s computer market sees slower growth
International Data Corp (IDC) on June 7 announced the quarterly survey results showing that Vietnam’s computer market in the first quarter of 2012 decreased 456,000 [...]
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TienPhong Bank spares 3tr dong to lend at 12.5-14pct/yr
Tien Phong Commercial Joint Stock Bank (TienPhong Bank) has recently launched a credit package named “90 golden days for corporate customers” with preferential [...]
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HCM City: FDI capital mainly poured into real estate sector
HCM City now has over 4,200 foreign direct investment (FDI) projects with pledged capital of nearly $31 billion, the local newswire Phap Luat TP HCM (HCM City Law) reported, [...]
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Hanoi to spare 10tr dong to shore up businesses
Speaking at the meeting on tasks and solutions to Hanoi’s socio-economic development for the last six months of the year held by Hanoi People’s Committee on 7 [...]
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ETF to face capital withdrawal pressure in short-term
A few days of early June has seen USD/VND exchange rate surging to the record high that has ruined the stability from the beginning of the year. Despite stock market’s [...]
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VAT likely to be reduced to 20 pct by 2020
Nguyen Van Binh, Governor of the State Bank of Vietnam together with Vuong Dinh Hue, minister of Finance, Bui Quang Vinh, minister of Planning and Investment and Huynh Thanh [...]
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IN4 earns profit of over 5b dong in 2011
In 2011, No 4 Printing Joint Stock Co (coded IN4) posted growth in all three profit sources from business and production activities, financial activities and other profit. [...]
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GEC to hike chartered capital
Gia Lai Electricity Joint Stock Co (coded GEC) has recently announced to scale up its chartered capital from 261 billion dong to 523 billion dong via issuing shares to the [...]
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LAS to pay 10pct dividend in cash
Vietnam Securities Depository Centre (VSD) has recently announced the dividend payout in cash and share for the second round of 2011 of Lam Thao Fertiliser and Chemical Joint [...]
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PVI plans to offer 21.3m shares to foreign strategic investors
PetroVietnam Insurance Joint Stock Corp (PVI)’s director board on June 7 agreed on a resolution to offer shares to foreign strategic investors. Accordingly, PVI’s [...]
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ACB growth investment fund reports performance
ACB Growth Investment Fund (ACBGF), under the management of ACB Capital Management Co Ltd, has recently reported its performance as of the end of May 2012 whereby 100 percent [...]
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Asia stocks cheer Spanish bank aid
Asian stock markets zoomed higher early Monday, rallying after news of a plan to shore up Spanish banks, the source of much recent global financial anxiety. Japan’s [...]
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Singapore’s third largest suburban mall to have KONE solutions
KONE, a leading provider of elevators and escalators, won an order to supply and install the eco-efficient elevators, escalators and autowalks for Jem shopping centre, the [...]
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Investment for Son La hydropower plant adjusted up to over 60tr dong
The prime minister has recently signed a decision to adjust the total investment capital for Son La hydropower plant project to over 60 trillion dong. Of which, the capital [...]
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