Archive for July 13th, 2012

Business Briefs July 13

13-Jul-2012 Intellasia | | 1:35 PM

* Vietnam Dairy Products Joint Stock Company (VNM) has 19,360 shares for treasury as registered by July 10, 2012. VNM now holds 403,790 treasury shares. * Gia Lai Electricity [...]
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Nyrstar: Potential Transformation of the Port Pirie Smelter – Media speculation in Australia

13-Jul-2012 Intellasia | ACN Newswire (press release) | 11:36 AM

In recent days there has been an increase in media speculation in Australia regarding a potential redevelopment of Nyrstar’s Port Pirie smelter and certain related [...]
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HNX to tender 3tr dong worth of G-bond on July 19

13-Jul-2012 Intellasia | HNX | 11:29 AM

Hanoi Stock Exchange (HNX) has said that it will organise a tender for three trillion dong worth of government-backed bond issued by the State Treasury on July 19 via the [...]
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Agribank to lend for buying rice for storing purpose

13-Jul-2012 Intellasia | SBV | 11:29 AM

Vietnam Bank for Agriculture and Rural Development (Agribank) has recently sent documents to its entire system about lending programme to buy rice for stockpile in [...]
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Bad debts for securities investment hit 485b dong

13-Jul-2012 Intellasia | Dau Tu Chung Khoan page 6 | 11:28 AM

As per report of credit institutions, the total outstanding loans for real estate investment till the end of May 2012 were about 197 trillion dong (of the total loans of [...]
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Chinese city declares war on piranhas

Chinese city declares war on piranhas

13-Jul-2012 Intellasia | Reuters | 9:50 AM

A southern Chinese city is on the alert for piranhas after two people were attacked in a river, and is offering a 1,000 yuan ($160) reward for every fish caught, dead or [...]
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Cargotec to Expand Offering and Presence in China through Joint Venture with China National Heavy Duty Truck Group Corp

13-Jul-2012 Intellasia | ACN Newswire (press release) | 9:41 AM

Cargotec is planning to establish a joint venture with China National Heavy Duty Truck Group Corp (CNHTC), a leading Chinese manufacturer of heavy duty trucks and the parent [...]
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The Russell Emerging Markets Index Returned +4.5 percent Year-to-Date as of July 9th

13-Jul-2012 Intellasia | Marketwire | 8:53 AM

The Russell Emerging Markets Index has returned +4.7 percent year-to-date as of July 9th, as compared to a (-1.3%) return for the Russell Frontier(tm) Index for the same time [...]
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Interbank interest rate dips to 3.5pct pa

13-Jul-2012 Intellasia | Vneconomy | 8:14 AM

The interest rate on the interbank market tumbled to quite low level from the previous two weeks, after commercial banks en masse lowered the maximum interest rates to 15 [...]
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Vietnam’s credit growth stands at 1.76pct as of first week of Jul: Ngoan

13-Jul-2012 Intellasia | Thoi Bao Ngan Hang | 8:14 AM

As per previous report from the State Bank of Vietnam (SBV), till the end of June 30, the country’s credit growth was 0.76%. Many specialists said that the central bank [...]
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Vietnam enjoys $360m trade surplus in Jun: Customs

13-Jul-2012 Intellasia | Customs | 8:14 AM

Figures from general Department of Vietnam Customs showed that in June, Vietnam’s total export turnover reaped $9.89 billion, rising 2 percent from the previous month [...]
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Asia: Markets plunge

13-Jul-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 8:12 AM

Asian markets plunged yesterday Thursday July 12 on growing fears of a regional slowdown after South Korea unexpectedly cut interest rates and Japan’s central bank [...]
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Burma moots camps or deportation for Rohingyas

Burma moots camps or deportation for Rohingyas

13-Jul-2012 Intellasia | AFP | 8:03 AM

Myanmar’s president told the UN Thursday that refugee camps or deportation was the “solution” for nearly a million Rohingya Muslims in the wake of communal [...]
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50,000 flee as record rain in Japan kills 10

50,000 flee as record rain in Japan kills 10

13-Jul-2012 Intellasia | AFP | 8:02 AM

At least 17 people died, 20 were missing and 50,000 were ordered to evacuate as the heaviest rainfall on record pounded the southwestern Japanese island of Kyushu, officials [...]
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Clinton takes swipe at China aid to Cambodia

Clinton takes swipe at China aid to Cambodia

13-Jul-2012 Intellasia | AFP | 8:01 AM

The United States is committed to helping ordinary Cambodians rather than funding vanity projects, US Secretary of State Hillary Clinton said Thursday, in a subtle dig at [...]
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