Archive for August 17th, 2012
Business Briefs August 17
* HNX announced IDJ International Financial Investment and Enterprise Development JSC (IDJ) shares will be out of warning situation from August 17, 2012 as the firm made [...]
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Vietnam’s trade deficit with China rises nearly 54pct in Jul: Customs
Statistics from general Department of Vietnam Customs said that in July, Vietnam’s import of goods from China was over $2.559 billion, rising over 30 percent over the [...]
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‘Credit growth must be accompanied with economic growth’: Anh
The State Bank of Vietnam (SBV) should have specific consideration and calculation so as credit growth to be in line with economic growth target and to avoid causing economic [...]
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ACB spares 5tr dong for home loans at 14.5pct/yr
Information from Asia Commercial Joint Stock Bank (ACB) said that since early August 2012, ACB earmarked a credit line worth five trillion dong for home loans with the [...]
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SHB’s consolidated profit touches 447b dong in H1/2012
In the consolidated fiscal statement in the second quarter of 2012, Saigon-Hanoi Commercial Joint Stock Bank (SHB) reported on year net interest income growth at 6 percent to [...]
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Bidv gains consolidated profit of 1.274tr dong in two months
Commercial JS Bank for Investment and Development of Vietnam (Bidv) has recently announced its consolidated fiscal statement for the second quarter of 2012 in phase 2 (from [...]
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Eight listed banks make up 25pct of listed firms’ total profit
The banking industry is in the top robust gainers on the stock market. The total gross profit of eight listed banks reached 12.144 trillion dong in the first six months of [...]
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Four tourists killed, two critical after fire in Thai holiday resort in Phuket
An Australian has told of seeing “people running on fire” after a blaze broke out in a Thailand disco, killing four people believed to be tourists with two more [...]
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Viettel wins contract in Peru
Agency for the promotion of private investment in Peru (ProInversion) announced that Viettel Peru SAC (Viettel’s branch in Peru) has won a contract on [...]
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Hanoi market to have 26,000 villas
Statistics of CBRE Vietnam Ltd showed that in the next two years (2012 – 2013), Hanoi market will have 26,000 villas and adjacent houses (9,000 in 2012 and 17,000 in [...]
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Hanoi People’s Committee and MoC discuss house development strategy
Hanoi People’s Committee and Ministry of Construction (MoC) has held the first meeting to discuss about House development strategy on August 14, 2012. Deputy minister [...]
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HCM City to complete 12,500 resettlement houses in Thu Thiem by
Vice Chair of HCM City People’s Committee Nguyen Huu Tin has signed documents conducting an implementation process of Thu Thiem new urban area project (district 2). [...]
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Foreign-related M&A deals expand across sectors
Despite considerable decline in FDI capital for this year, M&A foreign-related affairs keep mounting gradually. The previous year saw the M&A market booming both in [...]
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ANZ: monetary and fiscal loosening to come
Monetary loosening has been observed recently to facilitate economic growth, according to director of ANZ’s Financial Market Department Phan Thi Thanh Binh. The State [...]
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National debt trading firm needs around 10tr dong
The national debt trading firm would count on both commercial banks and the government for initial charter capital. Bad debts among commercial banks are estimated to reach [...]
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