Archive for July 6th, 2012
Business Briefs July 6
* Mien Trung Power Investment and Development JSC. (SEB) announced to use its capital surplus and Investment & Development Fund to buy back 1 million treasury shares from [...]
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mergermarket Southeast Asia M&A Round-up H1 2012
Q2 2012 Southeast Asian M&A was the second consecutive quarterly increase, as the region registered $ 13.2bn in deals – up 27.7 percent on Q1 2012 (US$ 10.3bn). • [...]
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Virgin Australia orders Boeing 737 MAX8 planes
Australian budget carrier Virgin said Thursday it had ordered 23 of Boeing’s new fuel-efficient 737 MAX8 passenger jets to replace the ageing 737-700 portion of its [...]
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Asia stocks fall after central bank actions
Asia markets fell Friday after a flood of action by central banks highlighted the depth of concern for the global economic outlook, and a key US jobs report due later today [...]
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Villa and ground land market in HCM City thrives: Knight Frank Vietnam
Villa and ground land market in HCM City is flourishing thanks to falling interest rates and banks’ large support for personal spending, according to the HCM City real [...]
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State Treasury raises 500b dong worth of G-bonds on Jul 5
Hanoi Stock Exchange (HNX) has reported the tender results of government-guaranteed bonds issued by the State Treasury, held on July 5 via the northern bourse. Accordingly, [...]
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Vinacomin internal lending now at interest rate of 12.5pct/yr
Vietnam National Coal and Mineral Industries Group (Vinacomin) has recently said that the group’s deputy general director, Nguyen Van Binh, signed a decision on [...]
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ACB suspends gold deposit activities
Asia Commercial Joint Stock Bank (ACB) on July 5 announced to suspend issuing term certificate of deposit (C/D) in gold whereby C/Ds in gold that have not matured yet will [...]
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State budget revenue losses at 41tr dong due to tax exemption
Ministry of Finance (MoF) on July 4 organised a conference to review the situation for the first half of this year and build tasks for the last half of this year. According [...]
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Cure for nine troubled banks worked out
Recently, remedies for nine feeble commercial banks have been finalised and brought forward to the government. Earlier at the National Assembly meeting sessions, Governor of [...]
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All businesses yet to enjoy fully credit at preferential rates
HCM City-based commercial banks’ favourable credit package of 30 trillion dong has been entirely disbursed at interest rate of between 12pct and 13pct, Nguyen Hoang [...]
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Economic development scheme for 2013
Deputy minister of Planning and Investment Cao Viet Sinh briefly reported socioeconomic development scheme for 2013 at the first-six-month summary conference on 4 July. [...]
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CNG estimates 70b dong profit in H1/2012
CNG Vietnam Joint Stock Co (coded CNG) has recently reported its business and production performance in the first six months of this year with estimated revenue at 374.1 [...]
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UNI plans to cancel investment in optical cable project
Vien Lien Joint Stock Co (coded UNI) on June 30 organised its annual general meeting (AGM) and passed this year’s business plan with revenue of 150 billion dong, pre [...]
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CTI to pay 10pct cash dividend
Cuong Thuan IDICO Development and Investment Joint Stock Co (coded CTI) has recently announced about its dividend payout plan in cash for 2011 whereby the company will pay 10 [...]
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