Archive for August 2nd, 2012
Asia’s Foremost Precision Engineering Exhibition Returns in April 2013
MTA2013 returns to Singapore Expo from 9 to 12 April, together with MetrologyAsia2013, to serve the highly-complex industry verticals such as Aerospace, Electronics, Energy, [...]
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Business Briefs August 2
* Son Tay Urban Construction and Environment JSC (STU) announced August 6 as ex-date and August 8 as record-date for its 2012 first cash dividend payment at VND1,000/share. [...]
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Sacombank to issue 168m shares
Saigon Commercial Joint Stock Bank (Sacombank-coded STB) has a plan to issue 168.57 million shares for 2011′s dividend payment. Sacombank will issue 136.4 million of [...]
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Loans at interest rate of above 15pct/yr halves
Till July 27, 2012 the total outstanding loans at the interest rate of above 15 percent per year was 32.8 percent of the total loans, falling strongly against the figure of [...]
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Trading value in US dollar surges nearly 33pct
In week between July 23 and 27, the total trading value on the interbank market in dong reached approximately 115.026 trillion dong, an average of about 23.005 trillion dong [...]
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PM approves national telecommunications plan
Recently the national telecommunications plan until 2020 has been approved by the prime minister. Specifically, the plan aims at a sustainable and efficient market with fair [...]
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Need to urgently tackle inventories and bad debts stressed
Recently, the government’s periodical meeting July 2012 chaired by the prime minister Nguyen Tan Dung took place in Hanoi on 30 and 31 July. Accordingly, the urgent [...]
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SBC reports increase in profit & revenue
Saigon Beer Transportation JSC (SBC) has reported its holding company’s financial statements. In Q2/2012, SBC reached 303.1 billion dong of revenue, up 6.3 percent [...]
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SBA posts profit of over 9b dong in six months
Song Ba Joint Stock Co (SBA) has reported its financial statements for Q2/2012. In Q2/2012, SBA reached 44.32 billion dong revenue, up 29.5 percent year-on-year due to an [...]
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IPA plans to list
IPA Group Investments Joint Stock Co (coded IPA) has passed its business results for 2011 with 43.472 billion dong of revenue and 1.12 billion dong of pre tax profit and had [...]
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DHM earns 29b dong of profit after tax
Duong Hieu Trading and Mining JSC (coded DHM) has recently announced its business results for Q2 and H1/2012. Accordingly, DHM’s net profit reached 315.15 billion dong [...]
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Vinachem targets 1.8tr dong of profit in H2/2012
Vietnam National Chemical Group (Vinachem) reported that it had set up a target of about 23.5 trillion dong industrial producing value, 23.9 trillion dong of revenue and 1.8 [...]
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Vietnamese enterprises optimistic of better business results in 12 months
A recent report by Grant Thornton International shows that business confidence of Vietnamese enterprises in Q2/2012 was more than that in Q1/2012. These enterprises are also [...]
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Credit growth hovers at 0.57pct as of July 25
Credit for the economy as of July 25 grew 0.57 percent from the end of 2011, the local Newswire VnEconomy reported, citing Nguyen Thi Hong, head of the Monetary Policy [...]
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Bad debts ratio touches 4.49 pct
At the regular cabinet meeting in July 2012, Nguyen Thi Hong, head of Monetary Policy Department under the State Bank of Vietnam (SBV) said that the bad debts ratio according [...]
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