Archive for July 13th, 2012
Business Briefs July 13
* 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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