Archive for July 3rd, 2012
Business Briefs July 3
* Alpha Petroleum Group has offloaded 900,000 shares of Yen Bai Cement and Mineral Company (YBC) to reduce its holdings from 24.9 percent to 6.2 percent. * Lilama 69-1 [...]
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OGC plans to pay 5pct dividend on Jul 30
Ocean Group Joint Stock Co (coded OGC) has recently announced the resolution of the management board about dividend payment for 2011. Accordingly, the company’s [...]
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HU1 to pay 20pct cash dividend
HUD1 Construction and Investment Joint Stock Co (coded HU1) has recently announced to pay 2011 dividend in cash at 20%, equalling to 2,000 dong per share. Accordingly, the [...]
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Lending rate must be at 12-15pct/yr: governor
At a meeting with banking industry in the central city of Da Nang on June 29, the State Bank of Vietnam (SBV)’s governor said that together with policies of the [...]
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International Desalination Association and PUB Sign Memorandum of Understanding for Cooperation in Training and Education
The International Desalination Association (IDA) and PUB, Singapore’s national water agency, today signed an agreement to explore opportunities for mutual cooperation [...]
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Asia stocks rise as financial firms gain
Asia stocks rose on Tuesday with gains for financial firms helping lift the Hong Kong market, ahead of an interest rate decision due in Australia. South Korea’s Kospi [...]
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VSH generates over 552m kWh electricity in H1/2012
Vinh Son-Song Hinh Hydropower Joint Stock Co (coded VSH) has reported its production situation for the first six months of this year whereby till the end of June, VSH [...]
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BMC posts 137b dong revenue in Q2/2012
Binh Dinh Minerals Joint Stock Co (coded BMC) has reported its business and production results for the second quarter of 2012 with revenue of 137 billion dong, lifting the [...]
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HEV targets profit of 3.2b dong in 2012
Higher Education and Vocational Book Joint Stock Co (coded HEV) has recently reported its performance for the first five months of this year with 8.38 billion dong total [...]
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STG plans to borrow 70b dong from Vietcombank
As per the decision of Southern Logistics Joint Stock Co (coded STG)’s management board, STG will borrow a 70 billion dong credit line from Vietnam Commercial Joint [...]
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ALV to pay 15pct dividend on shares
Vinas A Luoi Mineral Joint Stock Co (coded ALV) has announced its dividend payment plan on shares whereby ALV will pay 15 percent dividend on shares, including 8.86 percent [...]
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HDG to pay bonus shares
Ha Do Group Joint Stock Co (coded HDG) has announced its plan to pay bonus share to the existing shareholders at the rate of 25%. Accordingly, the ex-interest date is July 18 [...]
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VCSC hikes chartered capital by 18.9b dong
Viet Capital Securities Joint Stock Co (VCSC) has recently announced its chartered capital increase by additional 18.9 billion dong, from 378 billion dong to 396.9 billion [...]
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EVNI to offer 10m shares to nine institutional investors
EVN International Joint Stock Co (EVNI), a subsidiary of Electricity of Vietnam Group (EVN), on June 29 organised its annual general meeting (AGM) whereby EVNI’s [...]
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Condition of state-owned enterprises not much worrying
Although 30 out of 85 state-owned enterprises (SOEs) and corporations have seen debt-to-equity ratio jumping above 3xs, the matter is not much worrying, minister of Planning [...]
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