Archive for August 7th, 2012
Business Briefs August 7
* Japan Vietnam Medical Instrument Joint Stock Company (JVC) has listed its 3,219,999 new shares worth VND32.2 billion on the Hochiminh Stock Exchange (STC) on August 6, [...]
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More than 440b dong to build 2 resettlement areas in Hoang Mai
The People’s Committee of Hoang Mai District, Hanoi on August 6 organised a ground breaking ceremony for the high-rise resettlement building in the Tran Phu ward, and [...]
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Number of profit gainers in Q2 surges 2.5pct from Q1: tax agency
As reported by general Department of Taxation, tax payment declaration of enterprises in the second quarter of 2012 showed that the number of pre-tax profit gainers increased [...]
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First E-tender raises 5.65tr dong worth of government-backed bond
In the afternoon of August 6, 2012, the first electronic tender has been held on Hanoi Stock Exchange (HNX) and the raised volume reached 5.65 trillion dong worth of [...]
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Pre-tax profit of HCM City based banks declines in first 7 months
The pre-tax profit of HCM City-based banks in the first seven months of this year reached only 5.7 trillion dong, equalling to 33 percent of the whole 2011′s figure, [...]
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Many banks reduce lending interest rate for old loans to 15pct/yr
Many banks have reduced the lending interest rate for old loans to 15 percent per year. At the same time, the lending interest rate for new loans is now popularly hovering [...]
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Penthouses prices may soften
Property market turmoil has placed significant pressure on penthouses’ prices to considerably soften. The mid-end condominium projects Thai An 3 and 4 (Nguyen Van Qua [...]
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Foreign ownership ceiling ratio of domestic credit institutions yet to be lifted
The State Bank of Vietnam (SBV) has yet to unveil any firm step to woo foreign investors to the domestic debt market as well as to raise the foreign ownership ratio at local [...]
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Foreign deposits from residents drops
Foreign deposits from residents have been found on continuous decline since the early year and plummeted 10pct 31 July 2012 versus the end of 2011. Outstanding resident [...]
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GfK Asia announces new general manager for Malaysia office
Global leading market research company, GfK today announced the appointment of Selinna Chin as general manager, GfK Malaysia with immediate effect. Chin has amassed nearly 20 [...]
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SGX Enters Electricity Market with 49pct stake in Singapores Energy Market Company
Singapore Exchange (SGX) today said it has acquired 49 percent of Singapore-based Energy Market Company (EMC). EMC is the operator of the National Electricity Market of [...]
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Mechanical, electrical and electronic output decreases
Statistic from Ministry of Industry and Trade (MoIT) showed that in July mechanical, electrical and electronic manufacturers continued to face many difficulties due to a [...]
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Sales open for lowly priced apartment projects in HCM City
Last week, a series of real estate enterprises in HCM City opened on sales ground land and apartment projects with a cheap average price. Binh Duong Investment And Industrial [...]
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Building investment capital plan for for Trung Luong – My Thuan – Can Tho highway
Deputy prime minister Vu Van Ninh has recently commented on the proposal about using chartered capital of Cuu Long Corporation for Investment Development and Project [...]
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Leasing office price in HCM City to decrease in 2012
As reported by Savills Vietnam Group, office leasing output in HCM City continues to decrease due to surplus source of supply and global economic crisis in 2008. The average [...]
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