Archive for June 13th, 2012
Business Briefs June 13
* Dong Phu Rubber Company (DPR) estimates to earn VND380 billion in revenues and VND135 billion in pre-tax profits in the first five months of 2012. * Phong Phu Joint Stock [...]
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SBV posts net withdrawal of over 710b dong on OMO after two net injections
Data from Bao Viet Securities Joint Stock Co (BVSC) showed that in week from June 4 to 8, the State Bank of Vietnam (SBV) posted a net withdrawal of 710 billion dong on open [...]
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Foreign currency state positive: SBV report
In the State Bank of Vietnam (SBV)’s report on banking operations in week between June 4 and 8, 2012, credit institutions continued net purchase from customers, foreign [...]
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Dong deposit interest rates surge again
Some commercial banks on June 12 officially updated the interest rate benchmark whereby the highest saving rate is up to 12 percent per year for long terms. Particularly, at [...]
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Easing of monetary policy on the cards
Inflation could edge up as low as 0.2pct for May and hover between 7pct-8pct year-on-year, which could lay the foundation for further monetary policy easing, said Bao Viet [...]
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Agribank loses 4tr dong profit on interest rate cuts
Early 12 June, Vietnam Bank for Agricultural and Rural Development (Agribank) unveiled the new interest rate policy together with its potential implications on profits. [...]
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SBV requests commercial banks to make H1 performance report
Credit institutions and branches of foreign banks are required to send their business reports in the first six months of the year to the Banking Supervisory Agency of the [...]
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Banks enjoying high profit despite negative credit growth
Despite the first-five-month negative credit growth, plenty of banks have seen satisfying business performance results that briefly come from lending activities. Trillion [...]
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Asia stocks choppy but Japan gains
Asian stock markets moved between small gains and losses Wednesday, as investors weighed the chances of global policy action with worries about developments in Europe in the [...]
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MTA VIETNAM2012 – The Technology Marketplace Where Vietnam Retools for the Future
Established since 2005, MTA VIETNAM has been manufacturers’ choice procurement ground as the event provides an essential platform for key industry players to explore [...]
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Manila police block protesters near US Embassy
Philippine riot police have blocked hundreds of left-wing protesters and farmers from marching toward the US Embassy in Manila to demand land and to protest the presence of [...]
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DPR estimates to gain 27b dong profit in May
Dong Phu Rubber Joint Stock Co (coded DPR) has said that in Jan-May 2012, DPR estimated to gain 135 billion dong revenue. In May alone, the company reached low rubber [...]
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MPC export turnover touches $144m in Jan-May
In the first five months of this year, Minh Phu Seafood Group Joint Stock Co (coded MPC) reported gaining total export turnover of $144 million and export output at 11,792 [...]
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PTI to pay 13pct cash dividend
Vietnam Securities Depository Centre (VSD) has announced the 2011 dividend payment and bonus shares of Post and Telecommunication Insurance Joint Stock Co (coded PTI). [...]
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Dragon Capital enlarges holding in listed shares
Dragon Capital has recently announced the updated performance report of the fund in May 2012 whereby the total net assets value (NAV) of two stock investment funds namely [...]
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