Archive for July 4th, 2012
Business Briefs July 4
* Higher Educational and Vocational Book Company (HEV) obtained VND8.3 billion in revenue and over VND 1 billion in pre-tax profit in the first five months of 2012. * [...]
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NBS to trade on UPCoM in Q3/2012
Nghe An Bus Station Joint Stock Co (coded NBS)’s director board has recently agreed to pay the third round dividend of 2011 in cash at 25%. Thus, the total dividend [...]
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SMC to pay 8pct cash dividend for first round
SMC Trading-Investment Joint Stock Co (coded SMC) has recently announced the decision of the director board on dividend payout for the first round 2012. Accordingly, SMC will [...]
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Vietnam’s trade balance for 2012 to be in surplus: ANZ
ANZ’s recently updated report on Vietnam’s economy said that although in the first six months of this year, the current accounts will face certain pressures, the [...]
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HSBC forecasts interest rate on OMO to slip to 7pct pa
Last week, the State Bank of Vietnam (SBV) has allowed the market itself to set up the interest rates on open market operations (OMO) instead of regulating the fixed lending [...]
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Interbank trading turnover exceeds 150tr dong in week ending Jun 29
The State Bank of Vietnam (SBV)’s report on banking operations in week between June 25 and 29 noted that the total trading turnover on the interbank market in dong [...]
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Total deposits in Jan-Jun surge 7.83pct: Govt
The Vietnamese government’s report at the regular cabinet meeting on late July 3 stated that in comparison with December 31, 2011, the total money supply (M2) in the [...]
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Vietnam’s balance of payment enjoys a surplus of $7b in H1/2012: Tran Hoang Ngan
In an interview posted on the local newswire Thoi Bao Kinh Te Saigon (Saigon Economic Times) on July 2, Tran Hoang Ngan, member of the National Assembly’s Economic [...]
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ODA disbursement remains slow on lack of reciprocal capital
Official development assistance (ODA) has long played a key role in the national socioeconomic development particularly infrastructure construction, said minister of Planning [...]
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Credit growth could reach 8pct, says National Financial Supervisory Committee
First six months credit growth is estimated to have edged up only 0.4pct over the beginning of the year which is much beyond expectation. The root cause has been [...]
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HSBC: Vietnam economic difficulties almost over
Vietnam has been on right track and the most severe period has almost been over, said HSBC’s latest report. This lender said what matters is state-owned enterprises [...]
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Difficult to achieve GDP target of 6-6.5pct: Ngan
This year GDP is unlikely to meet the goal of 6pct-6.5pct, Tran Hoang Ngan, member of the National Assembly’s Economic Committee and vice Rector of HCM City Economics [...]
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Taiwan plans to let companies sell yuan bonds
Taiwan is planning to allow its companies to sell bonds denominated in China’s yuan currency to help them with fund-raising efforts, in the latest step to boost lagging [...]
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PM and Indonesian leader begin talks
The prime minister has begun bilateral talks with Indonesia’s president in Darwin, with people smuggling a major item on the agenda. After an early morning press [...]
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New FOUP Load Port Models Launched
TDK Corporation developed two new FOUP* load port models (the TAS450 Type A2 and the TAS300 Type J1) for a semiconductor production equipment. Sales of both models will begin [...]
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