Vietnam Stock Market RSS News Feed by Intellasia.Net

Asia confidence dented by US jobs data Jul 3

Sat, 04 Jul 2009 08:20:31 PST

Asia's markets were mixed yesterday as investor confidence took a blow from worse-than-expected jobs figures out of the US that suggest a global recovery may not be as close as hoped.

PetroVietnam delays listing shares overseas

Sat, 04 Jul 2009 07:00:00 PST

PetroVietnam Finance Co, the equitised financial affiliate of the State-owned petroleum giant PetroVietnam, will delay its plan to list shares next year on a foreign stock exchange, the company said.

Business, banking and stock market briefs July 3

Fri, 03 Jul 2009 13:45:27 PST

* Ba Na Cable Car Service Joint Stock Co. has been approved by Da Nang City to replace Ba Na Golf Course Club Co Ltd as the main investor of the Ba Na Golf Course project that will be merged into its Ba Na-Suoi Mo tourism complex in Hoa Vang District, as the former investor has failed to establish the project.

Northern bourse's index continues declining

Fri, 03 Jul 2009 13:43:54 PST

The VN Index of Ho Chi Minh Stock Exchange today July 3 rose by 1.65 points or 0.38 percent against the previous session to end at 435.44 points with the total matching trade order of 26 million shares worth 928.25 billion dong in value, down 35 percent in volume and 53 percent in value against yesterday.

Private firm sells 51pct to ICP

Fri, 03 Jul 2009 12:10:56 PST

International Consumer Products (ICP) has become the main shareholder by buying 51 percent stake in the capital of Thuan Phat private firm specialising in producing sources and spices, according to the recently signed agreement.

Asian markets were mixed, US sharply lower on bleak jobs data Jul 2

Fri, 03 Jul 2009 08:42:44 PST

Asian markets were mixed yesterday Thursday JUl 2 as investors sought firm signals ahead of key US jobs data, while another strong performance in Shanghai raised fears its rally will run out of steam. A dour report on American job losses in June sent US and Europe shares sharply lower Thursday.

Stock market stops falling and reverses on July 02

Thu, 02 Jul 2009 13:41:55 PST

Today VN Index reversed to increase by 3.79 points or 0.88 percent to close at 433.79, ending three consecutive slumping sessions.

Business, banking and stock market briefs July 2

Thu, 02 Jul 2009 13:33:30 PST

* Accor Group will offer 50 percent discount on the rate for hotels under its management in Vietnam when bookings are made at www.accorhotels.com, call centre or travel agencies from July 7 to 13 this year for stays from July 17 till September 30.

Listing shares of big corporations makes Vietnam's stock market more attractive

Thu, 02 Jul 2009 13:31:56 PST

Listing of shares by big corporations will make Vietnam's stock market more attractive, Mark Mobius, said one of the ten most famous monetary managers in Asia.

Kien Long brokerage retails 6m shares to hike chartered capital

Thu, 02 Jul 2009 12:37:22 PST

Between Q3 and Q4 of 2009, Kien Long Securities Joint Stock Co (KLS) will retail six million shares to nearly 100 investors aiming to scale up its chartered capital from 600 billion dong to 660 billion dong.

Steel maker issues 25m shares

Thu, 02 Jul 2009 12:36:38 PST

Hanoi Stock Exchange (HNX) has announced that Vietnam-Germany Steel Pipe Joint Stock Co (coded VGS) was collecting its shareholders' opinions about issuing additional 25 million shares, equal to the value of 250 billion dong based on par value.

Foreign investors in June 2009 rise considerably

Thu, 02 Jul 2009 12:28:12 PST

The Vietnam Securities Depository Centre (VSD) has reported that there have been 13,306 foreign investors that have been registered to trade codes up to July 01, in which 1,031 are organisations and 12,005 are individuals.

Vinafco pays 2008 dividend

Thu, 02 Jul 2009 12:26:35 PST

Vinafco Joint Stock Co (coded VFC) has announced to pay 2008 dividend in cash at the rate of 4 percent over the par value or 400 dong per share.

Asia shares mixed on Japan, China data Jul 1

Thu, 02 Jul 2009 08:32:52 PST

Asian shares began the third quarter mixed yesterday as a Japanese business confidence survey was met with disappointment, but positive manufacturing data from China gave further indication of recovery.

Business, banking and stock market briefs July 1

Wed, 01 Jul 2009 13:25:59 PST

* Dong Nai Port Joint Stock Co will invest 126 billion dong to upgrade one of its wharfs and purchase loading cranes for its facility in Bien Hoa City's Long Binh Tan Ward to meet up with rising cargo clearance demand there.

Song Da 7.04 goes on HNX

Wed, 01 Jul 2009 12:12:07 PST

Song Da 7.04 Joint Stock Co with four million S74 coded shares will officially be traded on Hanoi bourse for the first session from July 2.

Phuoc Hoa rubber processor closes shareholders shortlist

Wed, 01 Jul 2009 12:10:57 PST

Phuoc Hoa Rubber Joint Stock Co will close the shareholders shortlist at 4pm July 6 to register securities depository for forthcoming listing on Ho Chi Minh Stock Exchange (STC).

Review on stock market between June 29 and 30

Wed, 01 Jul 2009 12:03:49 PST

The Vietnamese stock market in the last days of June was galloping although all investors waited for the first session of Vietcombank on the Ho Chi Minh Stock Exchange (STC).

Vietcombank lists shares by halves

Wed, 01 Jul 2009 12:02:19 PST

Vietnam Bank for Foreign Trade (Vietcombank) has officially listed its shares in HCM City Stock Exchange (Hose) on June 30.

Vietcombank's share price sees ceiling rise

Wed, 01 Jul 2009 09:07:31 PST

Just in the first trading session on June 30, VCB coded shares were traded at 60,000 dong per share, marking a ceiling price against the comparative price of 50,000 dong per share.

PVC, MCO to pay 2008 dividends

Wed, 01 Jul 2009 09:05:39 PST

PetroVietnam Drilling Chemical Joint Stock Co (coded PVC) would close the list of shareholders on July 10 for paying 2008 dividend in shares and cash. The ex-interest transaction date will be July 8.

Asia mixed as investors wait on sidelines June 30

Wed, 01 Jul 2009 07:50:58 PST

Asian markets were mixed yesterday Tuesday Jun 30 as some dealers remained on the sidelines ahead of key economic data out of Japan and the US, while others took a lead from a Wall Street rally.

VN Index slides from 450 pts

Tue, 30 Jun 2009 14:27:07 PST

The stock market today June 30 continued decreasing when the VN Index slumped by 12.13 points or 2.63 percent against yesterday to end at 448.29 points.

Business, banking and stock market briefs June 30

Tue, 30 Jun 2009 13:58:39 PST

* International Consumer Products Corp (ICP) has clinched a deal to buy 51 percent stake in 'Thuan Phat Food Joint Stock Co and to be a strategic partner of one of the leading seasoning and sauce manufacturers in Vietnam.

VTV sells 128,600 shares

Tue, 30 Jun 2009 13:56:38 PST

Material and Cement Transportation Joint Stock Co (coded VTV) has announced to sell the company's shares on the market with the total number of 128,600 shares.

Investors indifferent to UPCoM

Tue, 30 Jun 2009 13:52:47 PST

Experiencing three trading sessions, UPCoM has so far failed to attract much investors, although experts said that the market has great potential of transactions.

Cement maker continues selling shares to hike capital

Tue, 30 Jun 2009 12:14:05 PST

Bim Son Cement Joint Stock Co (coded BCC) has passed a plan of issuing extra remaining shares of 2008 to increase its chartered capital from 956 billion dong to 1.1 trillion dong.

Rubber processor to post shares on STC

Tue, 30 Jun 2009 12:13:05 PST

Ho Chi Minh Stock Exchange (STC) has recently received an application from Southern Rubber Industry Joint Stock Co (Casumina) for posting 25 million shares on the southern floor on June 29.

Dabaco issues shares for securities conversion

Tue, 30 Jun 2009 12:12:10 PST

Dabaco Vietnam Joint Stock Co (coded DBC – HNX) has announced to issue odd shares to convert shares of Hiep Quang Commercial Joint Stock Co.

Sudico to sell over 2.2 VIS shares from July 1

Tue, 30 Jun 2009 12:11:11 PST

Ho Chi Minh Stock Exchange (STC) has announced that Song Da Urban and Industrial Zone Investment and Development Joint Stock Co (SUDICO) would sell some of Vietnam-Italy Steel Joint Stock Co (coded VIS).shares from July 1.

Two enterprises apply for listing on HNX

Tue, 30 Jun 2009 10:13:46 PST

Hanoi Stock Exchange (HNX) has received an application profile for posting shares on the northern floor of two companies named Song Da Urban and Industrial Zone Investment and Development Joint Stock Co (SURICOD.JSC) and Post and Telecommunication Trading Joint Stock Co (COKYVINA).

MECO to list 13.2m shares on southern bourse

Tue, 30 Jun 2009 10:12:54 PST

Vietnam Mechanisation Electrification and Construction Joint Stock Co (MECO) has submitted an application for listing its 13.2 million shares on the Ho Chi Minh Stock Exchange (STC).

Mai Linh Bac Trung Bo JSC allocates bonus shares

Tue, 30 Jun 2009 10:12:04 PST

Mai Linh Bac Trung Bo Group Joint Stock Co has announced to close the list of shareholders on June 30 for the purpose of allocating bonus shares at a ratio of 3:1.

Liberty pays in advance 2009 dividend – Phase 1

Tue, 30 Jun 2009 10:11:03 PST

Que Huong - Liberty Joint Stock Co (the Liberty) has announced that the company would close the list of shareholders on July 3 in order to pay in advance the 2009 dividend – phase 1 at the rate of 9 percent in cash.

Asia lower ahead of key US, Japan data June 29

Tue, 30 Jun 2009 08:31:59 PST

Asia's markets were lower yesterday Monday Jun 29 as many investors stayed on the sidelines ahead of this week's release of key economic indicators in the US and Japan, while others took profits from recent gains.

Business, banking and stock market briefs June 29

Mon, 29 Jun 2009 13:46:09 PST

* Thang Long-Tung Shing Joint Venture Co. has been approved by Hanoi to be dissolved along with its project of commercial centre and offices in front of Hanoi Opera House in Cach Mang Thanh Tam Square after the joint venture refused to pick another location for its project.

Stock market witnesses another fall

Mon, 29 Jun 2009 13:45:03 PST

The VN Index today June 29 reversed with a slight dip by 0.95 point or 0.21 percent against the previous session to close at 460.42 points.

VN Index could stand at 550pts by 2009 end, Kim Eng broker

Mon, 29 Jun 2009 13:43:03 PST

Vietnam's GDP could grow by 5.2 percent in 2009 and 6.5 percent in 2010 while the VN Index will reach the 550 mark threshold and climb to over 1,000 pts in 2011.

Generalexim pays 2009 dividend-Phase 1 at the rate of 10pct

Mon, 29 Jun 2009 13:41:25 PST

Vietnam Export and Import Joint Stock Co No 1 (Generalexim) has announced that the company would pay 2009 dividend – phase 1 at the rate of 10 percent in cash, or 1,000 dong per share, starting from June 25. The date of closing the list of shareholders was June 22.

Analysis on Vietcombank's share price before listing

Mon, 29 Jun 2009 12:02:07 PST

Vietcombank will officially list its 112 million shares on Ho Chi Minh Stock Exchange (STC) on June 30. The question is at how much the price of bank shares will be listed.

Petroleum transportation firm to increase capital to 800b dong

Mon, 29 Jun 2009 11:54:36 PST

Vitaco Petroleum Transportation Joint Stock Co (VTO) will close the shareholders list to issue more shares to existing shareholders with a ratio 3:1 and the registration deadline is July 7, 2009, according to Ho Chi Minh Stock Exchange.

Vietnamese Companies keen to list shares overseas

Mon, 29 Jun 2009 11:53:28 PST

PetroVietnam Finance Joint Stock Co (coded PVF) has announced that the corporation would carry out the plan to list its shares in Singapore within this week.

Viettel stops buying into Vinaconex

Mon, 29 Jun 2009 11:28:18 PST

Viettel Corp on April 14 proposed to transfer its 31 percent of state capital in Vinaconex Corp to State Capital Investment Corp (SCIC).

Dopack pays 2008 dividend of 30pct

Mon, 29 Jun 2009 11:26:26 PST

Dong A Joint Stock Co (Dopack) has announced that in 2008 it achieved revenue of 126.52 billion dong, an increase of 27.77 percent year-on-year; earned after tax profit of 5.44 billion dong, up 26.22 percent against 2007 and declared a dividend payment of 30 percent.

Asia makes broad gains on positive leads from US June 26

Sat, 27 Jun 2009 08:56:53 PST

Asian markets advanced for a third day yesterday Friday Jun 26 as investors took their cue from a Wall Street rally that was spurred by data suggesting an improvement in the US economy.

UPCoM bustling on first trading day

Sat, 27 Jun 2009 07:00:00 PST

The market for unlisted public companies, or UPCoM, saw bustling trade right on the debutant day yesterday with over one million shares changing hands worth nearly VND19 billion. The UPCoM Index was. 100 points on the first trading day which is considered at root point of time.

Business, banking and stock market briefs June 26

Fri, 26 Jun 2009 13:42:23 PST

* PetroVietnam Premier Recreation Joint Stock Co (PVR) under the Vietnam National Oil and Gas Group (PetroVietnam) has proposed the cancellation of Hanoi's 32 billion dong Tan Vien tourism project as PVR has yet to receive the necessary land and the approval of the zoning map after having been licensed for three years.

Both stock indexes re-surge, but market trade declines

Fri, 26 Jun 2009 13:38:05 PST

The stock market today June 26 saw a slight increase when VN Index rose by 7.61 points or 1.68 percent from the earlier session to end at 461.37 points with the total matching order trade of 36.6 million shares for over 1.328 trillion dong, down 30 percent and 35 percent respectively in comparison with yesterday.

SHB lists additional 1.5 tr dong worth of shares

Fri, 26 Jun 2009 12:36:22 PST

The Hanoi Stock Exchange (HNX) has allowed the Saigon-Hanoi Commercial Joint Stock Bank (SHB) to list additional 150 million shares worth 1.5 trillion dong. According to sources of news from SHB, the bank will officially trade those shares by mid-July.

Mekong Enterprise and Thai Binh shoemaker offload shares

Fri, 26 Jun 2009 12:29:59 PST

Mekong Enterprise Fund Ltd reported selling 1,101,840 TPC coded shares of Tan Dai Hung Plastic JSC between June 18 and 19, reducing its holding in TPC to 5.88 percent or 1,168,240 shares.