Archive for August 15th, 2012
Business Briefs August 15
* Vinh Phuc Infrastructure Development Company (IDV) has announced August 16 as the ex-dividend date for shareholders to receive 2012 first round dividend in cash at 10 [...]
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Apartments in Hanoi being sold at dump price to cut losses
Many apartments in Hanoi are being sold at discounted prices to cut losses, with the price being 5 percent – 10 percent lower than investors’ prices. In website [...]
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SCIC gains over 1.9tr dong profit in H1/2012
In the first six months of 2012, State Capital Investment Corp (SCIC) reached total revenue of 1.965 trillion dong, or 50.6 percent of the year’s plan. Its total costs [...]
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Dividend payment 2012 sees contrary trends
While many companies announced to adjust up dividend payment ratio in 2012, others are considering cutting down dividend payout due to unsatisfactory business performance. In [...]
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Seafood products export likely to reach $1.84b in Q3/2012
The Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast that in this material market situation with some changes in domestic factors, Vietnam’s [...]
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FDI’s enterprises increase capital and expand market shares
While many domestic enterprises posted losses or went bankrupt, enterprises with foreign direct investment (FDI) increased their capital and expanded market shares. Nidec [...]
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Government to hold extraordinary meeting on restructuring of PetroVietnam and Vinachem
This week, the government will hold a meeting to discuss on restructuring plans of PetroVietnam Oil and Gas Group (PetroVietnam) and Vietnam National Chemical Group [...]
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VinaCapital: NAV of two funds falls over $13m in Jul
After gaining over $10 million in June, the net asset value (NAV) of VOF and VNI declined in July. The discount rate was at 35.4 percent and 53.8 percent respectively. [...]
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Cheap credit hardly spread
The central bank’s requirement on lowering interest rates for old loans to 15pct/year has been available for nearly one month, but the stock market has failed to see [...]
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Bad debts could hardly ease on banks’ two parallel accounting books: Dr Chi
Bad debts would scarcely come to a halt should the two parallel accounting books be used among commercial banks, said an independent financial expert Dr Pham Do Chi. [...]
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August CPI likely to edge up 0.5pct
Prices of food and foodstuff continued the downward trend triggered since the Lunar New Year. However, petrol, electricity, gas price and hospital fee hikes have outpaced [...]
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Asia stocks fall as stimulus hopes fade
Asian stocks traded lower Wednesday, as investors reassessed the chances of central-bank stimulus to support the global economy. Hong Kong’s Hang Seng Index HK:HSI [...]
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Over 995b dong to build Long Van – Long My route
Binh Dinh People’s Committee, Quy Nhon city and Phuoc Loc Group on August 12 held a ground breaking ceremony for Long Van – Long My route at Long Van Bridge. Long [...]
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Bitexco inaugurates Nho Que 3 hydropower plant
On August 12, 2012, Bitexco Nho Que JSC of Bitexco Group held an inaugurating ceremony for Nho Que 3 hydropower plant. Nho Que 3 hydropower plant had been constructed in the [...]
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Netherlands-based Veka Group seeks investment opportunity in Quang Ninh
The People’s Committee of the northern province of Quang Ninh on August 11 held discussions with Netherlands-based Veka Shipbuilding Group (Veka) which is seeking [...]
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