Archive for July, 2012
Business Briefs July 31
* The State Treasury sold VND1 trillion worth of two- year government bonds, VND2 trillion worth of three-year bonds and VND2 trillion worth of five-year bonds through an [...]
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Urban zone in Ben Tre to cost 6.8tr dong
People’s Committee of the southern province of Ben Tre has recently agreed for HCM City-based Phuoc Kien Real Estate Business Investment Joint Stock Co (Phuoc Kien JSC) [...]
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Gasoline price likely to increase infuture
Viet Capital Securities Co (VCSC) has recently forecasted that gasoline price would see the second increase of 600-1000 dong/litre in this month. Accordingly, the current [...]
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Petroleum traders claim loss of 500 – 900 dong/litre
While international market always witnesses fluctuations, domestic petroleum enterprises propose to adjust the retail price. Le Xuan Trinh, vice President of PetroVietnam Oil [...]
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KHA to pay first round dividend of 2012 in cash
Vietnam Securities Depository Centre (VSD) has recently announced that Khanh Hoi Export Import Joint Stock Co (coded KHA) will advance the first round dividend of 2012 at 5 [...]
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Bidv granted depository certificate for 2.3b shares
Vietnam Securities Depository Centre (VSD) has recently said that it granted stock registration license No 18/2012/GCNCP-VSD dated July 30, 2012 and granted share code for [...]
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Number of Internet subscribers remain unchanged in Jul
Vietnam’s number of Internet subscribers till the end of July 2012 was estimated at 4.4 million, rising 26.6 percent over the same period last year, General Statistical [...]
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Policy to aid catfish farmers
Vietnam Ministry of Agriculture and Rural Development (MARD) has recently submitted to the government a policy to support aquaculture sector, according to the local newswire [...]
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Port service sector companies post good profits
Doan Xa Port JSC (coded DXP), Dinhvu Port Investment & Development JSC (coded DVP), Vietnam Container Shipping JSC (coded VSC), Dong Nai Port JSC (coded PDN) and Vietnam [...]
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Securities brokers allowed to join T-bills auctions from Aug 14
Ministry of Finance (MoF) and the State Bank of Vietnam (SBV) on June 28, 2012 issued a joint circular No 106/TTLT-BTC-NHNN guiding the Treasury bill issuance via the central [...]
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PVN Index to include 88 sub-indexes
Vietnam National Oil and Gas Group (PetroVietnam-PVN) is going to announce the PVN Index of local and foreign investors on August 3. Accordingly, PVN Index will include [...]
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Minister of finance directs HNX to develop ETF and derivative products
Minister of Finance, Vuong Dinh Hue, on July 27 chaired a meeting with Hanoi Stock Exchange (HNX). This is the first official working programme of the minister with HNX. [...]
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Banks boost bond issuances
The trend of falling interest rates is prompting banks to boost the issuance of debt instruments such as bonds and certificates of deposits (C/Ds), although the demand of [...]
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Cross-ownership causes problems for banks
Cross-ownership in the banking system in order to dodge the law has caused many prolonged problems in banking industry since 2008. In 2006-2011, there was a dramatic increase [...]
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Investment capital wave to hit Vietnam again
The second investment capital wave is likely to hit Vietnam in three years’ time, said Chair cum CEO of Saigon Asset Management (SAM) in an interview on the local stock [...]
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