Archive for June 27th, 2012
Business Briefs June 27
* Hochiminh Stock Exchange (STC) has lately released the document No 1147/2012/SGDHCM-NY approving for Hung Vuong Joint Stock Co (coded HVG) for trading the large amount of [...]
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Egypt Air to launch HCM City-Cairo non-stop flight
Egypt Air (MS), the national flag carrier of Egypt, on June 25 worked with Vietnamese tourism firms in HCM City to open a flying route linking Hanoi, HCM City to Cairo [...]
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AAA Insurance Co plans to list shares on stock market
In the annual general meeting (AGM), the shareholders of AAA Insurance Joint Stock Co have approved the 2012 business plan with targeted growth rates of 16.18 percent in [...]
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HNX raises 210tr dong via G-bond tenders in last three years
After three years of operations under state-owned one member limited liability company model with the name of Hanoi Stock Exchange (HNX), from June 24, 2009 to June 24, 2012, [...]
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Around 2 pct growth in credit from end-2011
A source from the local newswire Bao Dau Tu (Vietnam Investment Review) said that, till date (the end of June 2012), credit growth of the entire banking system is only equal [...]
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Beeline wishes to acquire golden prefix code 099 from Indochina Telecom
Recently, Global Telecommunication Corporation (Gtel Mobile) – the provider of Beeline network has expressed interest in approaching the remaining strip of the [...]
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DLR gets approval for processing construction stones
Da Lat Real Estate Joint Stock Co (coded DLR) has lately got approval from Lam Dong province people’s committee for its project of mining and processing construction [...]
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VCSC gets Alpha Southeast Asia’s award
Alpha Southeast Asia magazine has lately released the list of leading financial companies in Southeast Asian region for 2011-2012 period. In Vietnam, Viet Capital Securities [...]
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CSG to withdraw capital contribution from Samland and Areco
The management board of Saigon Cable Joint Stock Co (CSG) has lately approved for selling the capital contribution in the Sacom Real Estate Joint Stock Co (Samland) and in [...]
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PVN Index expected to launch in Jul
Representative of PetroVietnam Securities Inc (coded PSI) has lately announced that the PVN Index could not be released to public in June because the securities firm needed [...]
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Foreign funds lose $31m in Q2/2012
The total net assets value (NAV) of 21 foreign investment funds in Vietnam’s stock market has declined from $3.32 billion to $3.289 billion in the second quarter of [...]
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Gold saving rates plunge
Gold saving rates have en masse tumbled since early last week. Till June 26, the interest rates of certificate of deposit (C/Ds) in gold were mainly at below 1 percent per [...]
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Interbank interest rates officially exceed dong deposit rate cap
After surging 2-3 percent on June 25, the interbank interest rates offered by commercial banks to each other on June 26 increased by 0.5%, officially exceeding the threshold [...]
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FDI disbursement hits $5.4b in H1/2012
Till June 20, Vietnam’s FDI (foreign direct investment) capital disbursement reached $5.4 billion, rising nearly 2 percent over the same period last year, according to [...]
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Enterprises reluctant to go public
This year’s annul general meeting season has continued to witness further delays in listing shares of many public companies. Despite desire to make information open to [...]
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