Archive for June 22nd, 2012
VietJetAir launches euro Cup big sale
With the tension at euro O 2012 reaching fever pitch, VietJetAir is launching a special promotion only available for a three-hour period every night next week with 5,000 [...]
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Business Briefs June 22
* Mekophar Pharmaceutical Joint Stock Co (coded MKP) has lately released the resolution approved by the management board about dividend payment schedule. * Hochiminh Stock [...]
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FPT to concentrate on telecommunication sector in 2012
FPT Group (coded FPT) announced to expand business activities in telecommunication sector in foreign countries via purchasing the business licence of the local enterprises. [...]
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Sabeco and Habeco reach total revenue of over 30tr dong in 2011
Vietnam’s beer market has currently three largest brewers namely Saigon Beer-Alcohol-Beverage Joint Stock Corp (Sabeco), Hanoi Beer-Alcohol-Beverage Joint Stock Corp [...]
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TFC to pay 10 pct dividend
Textile Financial Joint Stock Co (TFC) announced to hold the annual general meeting (AGM) today June 22, 2012 where the company would seek approval for 2011 business results [...]
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HAP to issue convertible bonds valued at 100b dong
Vu Duong Hien, chair of management board in Hapaco Group Joint Stock Co (coded HAP) announced that the company plans to issue convertible bonds valued at 100 billion dong. [...]
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Investors buy 400b dong worth of G-bonds
Hanoi Stock Exchange (HNX) has reported the tender results for government-backed bonds issued by the State Treasury, held on June 21 via the northern bourse. Accordingly, the [...]
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Banks continue to lower US dollar prices
The interbank average forex rate on June 22 is still stable at 20,828 dong/US dollar, according to the State Bank of Vietnam (SBV). The forex rate ceiling of commercial banks [...]
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NA permits 30pct corporate income tax cut in 2012
Late 21 June, National Assembly passed a resolution to promulgate several tax policies in an attempt to ease difficulties for both individuals and businesses. Accordingly, NA [...]
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Dong lending interest rate at 7pct/yr at Eximbank
Eximbank has recently launched the dong lending programme with favourable interest rates in reference to foreign exchange between dollar and dong. Accordingly, both [...]
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Interest rates on consumer loans drop further
Currently, the highest long-term mobilisation rate is 12.8pct and the prevailing one ranges from 11pct-12pct. On 19 June, interest rate on secured loans stood at 17pct-18pct, [...]
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Viettel starts to invest in Tanzania
Viettel Global Investment Joint Stock Co (Viettel Global) has recently announced a resolution on the establishment of the company’s branch in the Republic of Tanzania [...]
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Ministry of construction suggests funding for nine social housing projects
Ministry of construction has lately sent documents to Bank for Investment and Development of Vietnam (Bidv) suggesting implementation of funding for social housing projects. [...]
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HMH registers for issuing additional 2.64m shares
Hai Minh Joint Stock Co (coded HMH) has lately released the resolution approved by the management board for issuing additional 2.64 million shares so as to hike chartered [...]
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3tr dong G-bond tender fails
Hanoi Stock Exchange (HNX) announced the failure of the three trillion dong G-bond tender session that was held on June 20, 2012. The bonds were issued by Bank for Social [...]
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