Archive for August 3rd, 2012
Business Briefs August 3
* PetroVietnam Finance Corporation (PVFC), major shareholder of PetroVietnam Power Land JSC (PVL) has regsitered to sell 1 million shares from August 3-31, 2012 via [...]
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Vietnam’s pepper export may reach $780m in 2012
Through surveys in many farm households and businesses, the Vietnam Pepper Association (VPA) said that if the pepper export price from July onwards is at over $7,000/tonne, [...]
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Banks can propose inner network ATM fee
The State Bank of Vietnam (SBV) has recently issued a document asking card issuers themselves to propose the fee collection for domestic debit cards (ATM), including the [...]
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Vietcombank to raise interest rate for long term deposits
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been applying a new table of mobilising interest rate in dong for long term tenure with a higher [...]
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EVN needs over 500tr dong capital in 2011 – 2012 period
In the electricity supply plan from now till 2015, Electricity of Vietnam Group (EVN) has to ensure commercial electricity growth rate at 13%/year. Whereby, in the next four [...]
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Twenty-eight banks reduce lending interest rate to 15pct/yr for old loans
Till July 27, as many as 28 commercial banks have reduced the lending interest rate to less than 15 percent per year for old loans, the local Newswire Tien Phong on August 3 [...]
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Leasing offices to see a further price decrease
According to Savills Vietnam Real Estate Agency forecasts, office leasing price in level A and B in Hochiminh city will continue to decrease in the next six months leading to [...]
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Developers offering apartments at decreased prices in HCM City
Saigon Moi project’s previous price was 970 million dong/apartment and now it has decreased to 873 million dong for each. Moreover customers have only to pay 384 [...]
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Aggreko to boost business in Vietnam
Aggreko PLC, the world’s largest temporary power generator company and a major supplier of temperature control equipment, has recently introduced temporary electricity [...]
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VOF Investment Limited raises holding in TMS to 17.33pct stake
HCM City-based Foreign Trade Forwarding and Warehousing Joint Stock Co (coded TMS) has announced the holding ratio of its majority shareholder namely VOF Investment Limited [...]
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IMP to buy 100,000 treasury shares
Imexpharm Pharmaceutical Joint Stock Co (coded IMP) has recently reported the transaction results of treasury shares. In particular, the company successfully bought back [...]
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KDC to pay bonus shares at 20pct ratio
Vietnam Securities Depository Centre (VSD) has recently announced about the bonus share issuance of Kinh Do Joint Stock Co (coded KDC). Accordingly, the ex-interest date is [...]
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VNM plans to offer 278m bonus shares
Southern bourse-listed Vietnam Dairy Products Joint Stock Co (Vinamilk-coded VNM) has said that it plans to seek approval from the shareholders’ meting to issue maximum [...]
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PVI earns 561b dong from selling shares for foreign partners
PetroVietnam Insurance Joint Stock Corp (coded PVI) has recently reported the share transaction results of its foreign investors. Accordingly, HDI – Gerling Industrie [...]
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Industrial and Commercial Bank of China’s Hanoi branch allowed to join the interbank settlement system
The State Bank of Vietnam (SBV) on August 1 issued a Dispatch No 4764/NHNN-CNTH approving Industrial and Commercial Bank of China’s Hanoi branch to join settlement [...]
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