Archive for August 8th, 2012
Business Briefs August 8
* DIC Investment and Trading Joint Stock Company (DIC) has got the Hochiminh Stock Exchange (STC)’s approval to list its 1,446,069 new shares worth VND14.5 billion on [...]
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PVN seeks strategic shareholders
Vietnam National Oil and Gas Group (PetroVietnam-PVN) has recently held a workshop on investment promotion in an attempt to introduce to Japanese partners an array of [...]
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Q3 with low GDP growth rate opportune time to invest in stocks: Domic Scriven
The GDP growth rate is likely to hit the bottom in this third and fourth quarter or early next year when it would be a good time for investing in stocks, said CEO of Dragon [...]
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Significance of debt restructuring and interest rate relaxation highlighted
General director of Orient Commercial Joint Stock Bank (OCB) Nguyen Dinh Tung highlighted the significance of debt restructuring and interest rate relaxation at the moment. [...]
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Minh Phu seafood processor fetches nearly $212m export turnover in Jan-Jul
Minh Phu Seafood Group Joint Stock Co (coded MPC) has said that in the first seven months of this year, MPC exported nearly 17,900 tonnes of shrimp, earning an export [...]
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Petroleum price may increase in next 10 days: SSI Research
On August, 01, 2012, the local petroleum retail price has increased by 4.1 percent – 4.2 percent and other petroleum product price such as diesel, burning oil also rose [...]
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DIC to list additional 1.446m shares from August 9
Hochiminh Stock Exchange (STC) has recently allowed DIC Investment and Trading Joint Stock Co (coded DIC) to list additional shares on the southern bourse. Accordingly, DIC [...]
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Vinacomin & Japanese firm to exploit and process rare earth in Lai Chau
According to Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin), Lai Chau Rare Earth Co (Vimico) has signed with Vinacomin a memorandum [...]
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EVN buys nearly 1.6b kWh electricity from China in Jan-Jul
In the first seven months of this year, Electricity of Vietnam Group (EVN) has bought 36.78 billion kWh of electricity from outside providers, accounting for 56.1 percent of [...]
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VSD grants transaction codes to 15,838 foreign investors as of end-Jul
Till July 31, 2012, Vietnam Securities Depository Centre (VSD) has granted share transaction codes for 15,838 foreign investors, including 1,885 institutional investors and [...]
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Habubank-SHB merger deal completes
The State Bank of Vietnam (SBV) on late August 7 issued an official decision approving the merger between Hanoi Housing Development Bank (formerly known as Hanoi Building [...]
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Vietnamese economy to be brighter at the end of this year: Andy Ho
Andy Ho, managing director of VinaCapital Vietnam Opportunity Fund Limited (Vinacapital) has said that Vietnamese economy should see positive signs by the end of this year. [...]
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Orbite Aluminae Produces the First North American Heavy Rare Earths From Aluminous Clay; Prepares for Commercialisation in 2013
Orbite Aluminae Inc. (TSX: ORT) (“Orbite” or the “Company”) is pleased to announce that it has successfully extracted the first commercial samples of [...]
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Orbite Aluminae Produces the First North American Heavy Rare Earths From Aluminous Clay; Prepares for Commercialisation in 2013
Orbite Aluminae Inc. (TSX: ORT) (“Orbite” or the “Company”) is pleased to announce that it has successfully extracted the first commercial samples of [...]
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SGX Securities Market Benefits from Recent Initiatives
Singapore Exchange (SGX) today issued its second edition of the Securities Market Quality Indicators Report. The 12- month period from July 2011 – June 2012 saw [...]
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