Archive for August 20th, 2012
Business Briefs August 20
* Song Da No. 99 Company (S99) will float an additional 2.4 million shares on the northern bourse on August 23. * HCM City Infrastructure Investment Company (CII) has [...]
» More
South Vietnam may suffer power shortage in 2014-2016 period
The southern of Vietnam may suffer high electricity shortage in the 2014-2016 period, the local Newswire Tuoi Tre (Youth) on August 16, 2012 quoted Nguyen Anh Tuan, vice [...]
» More
Vietbank shifting head office
Vietnam Thuong Tin Bank (VietBank) will buy 15-storey building that was the previous headquarters of Vietnam Technological and Commercial Joint Stock Bank (Techcombank). [...]
» More
ICAEW forecasts Vietnam’s GDP growth at 5.1pct in 2012
Vietnam’s gross domestic product (GDP) growth this year would be only 5.1%, according to the Institute of Chartered Accountants in England and Wales (ICAEW) in its [...]
» More
Asia’s fastest data cable links Tokyo to Singapore
A new high-speed undersea data cable has opened to traffic in Asia. The 7,800km Asia Submarine-cable Express (ASE) connects Japan, Malaysia, Singapore and the Philippines. It [...]
» More
Paper industry passing through difficult phase
Vietnam Pulp and Paper Association (VPPA) said that enterprises in this sector will continue to face with many difficulties due to impact on the cost of production from the [...]
» More
Japanese company to invest $23m to construct lubricant plant in Hai Phong
Hai Phong economic zone (EZ)’s board of managers has offered an investment certificate to Idemitsu Vietnam Lubracant Ltd (Idemitsu Vietnam) situated in the Dinh Vu [...]
» More
Vinacomin to export coal to Cuba and South Africa
As planned, Vietnam National Coal – Mineral Industries Corp (Vinacomin) will export about 25,000 tonnes of coal to South Africa and 18,000 tonnes of coal to Cuba [...]
» More
URENCO to build electricity generator from effluent processing
Hanoi Urban Environment One Member Limited Co (URENCO) has entered into a pact with Hitachi Zosen Corporation to carry out project: “Electricity generator system from [...]
» More
About 640tr dong worth of old loans bearing interest rate at above 15pct/yr
The State Bank of Vietnam (SBV) has said that the total outstanding loans for old loans still at the interest rate of above 15 percent per year accounted for 24.6 percent of [...]
» More
Retail banking market offers growth opportunities
Credit particularly in terms of retail segment, which has yet fully been exploited, is likely to grow further, said director of ANZ’s Retail Banking Unit Duong Duc [...]
» More
Banks’ bad debt self-settlement likely to trigger crisis
Credit channels have got stuck due to mounting bad debts that have been proposed to be tackled in several ways. If banks are allowed to address this issue on their own, [...]
» More
Final Spikes Asia Juries Announced – Craft, Creative Effectiveness, Branded Content & Entertainment and Integrated
Spikes Asia has announced the final juries; Craft, Creative Effectiveness, Branded Content & Entertainment and Integrated, who complete a world-class collective of 75 [...]
» More
Gu Kailai gets suspended death sentence for murder
The wife of a disgraced Chinese politician was given a suspended death sentence Monday after confessing to killing a British businessperson by poisoning him with cyanide in a [...]
» More
First Metro Investment Releases August Philippines ‘Market Call’
First Metro Investment Corp (FMIC) and University of Asia and the Pacific (UA&P) have published the August issue of “The Market Call, Capital Markets [...]
» More
