Business Briefs January 9

09-Jan-2014 Intellasia | | 11:23 AM Print This Post

* VietA Bank yesterday gave prizes to six lucky customers who made deposits at the bank during its mobilisation programme from October- December, 2012. The special prize of a Camry car was given to Nguyen Thi Thoi Chin in Quang Ngai Province. During the three-month programme, the bank mobilised over VND1 trillion.

* From tomorrow until January 23, Vietnam Airlines will sell promotional tickets of six domestic flights departing between January 15 and March 15 under the sixth round of the ‘Golden Moments’ promotion programme. Tickets for HCM City- Hue, HCM City-Phu Quoc and Hanoi-Chu Lai flights will be priced at VND499,000, HCM City-Quy Nhon VND599,000, HCM City-Vinh VND99,000 and Hanoi-Quy Nhon VND1.099 million, exclusive of taxes and surcharges.

* South Korea-invested Unique Sound Vietnam has received in-principle approval from the government of Hai Duong Province for a project to produce an audio transceiver, speakers and other electronic equipment. The project will be developed in Hung Thinh Industrial Park with investment of some $3 million.

* Mobile World Joint Stock Company sold 2.5 million cell phones last year, up 4 percent from the previous year, and earned over VND7.8 trillion in revenue, up 25%.

* The central bank has appointed Vietcombank as the service bank for a small and medium-sized enterprise development ‘programme while VietinBank has been named the service bank for a health care project in the Central Highlands. Both projects are funded by the Asian Development Bank.

* Bui Van Huu, chair of TMT Automobile Company (TMT), has registered to buy 1.5 million TMT shares to raise his holding from 18.3 percent to 23.6%.

* Hoa Sen Group (HSG) has established two branches in Lai Chau Province and Hai Phong City.

* Rang Dong Plastic Company (RDP) has received approval from the State Securities Commission to issue 2.8 million new shares to raise its registered capital by 25 percent to nearly VND144 billion. In an earlier statement, the company planned to sell the shares to existing shareholders at a 4-for-1 ratio at VND10,000 each. Of the proceeds, estimated at VND28.7 billion, the company will spend VND22.3 billion buying new equipment and invest VND6.4 billion in Tien Son plastic plant project in Bac Ninh Province.

* HaTien 1 Cement Company (HT1) has received approval to float 120 million new shares on the southern bourse. The shares, earlier sold to Vietnam Cement Industry Corporation, will be tradable from December 22. The additional listing will help the company raise its total outstanding volume to 318 million shares.

* ACB Growth Fund (ACBGF) has announced its net asset value per unit by January 2 at VND 11,009, inching up VND13 against the previous week.

* PVI Holdings.Company (PVI) bought over 840,000 shares out of two million shares it registered to buy back as treasury shares from December 2-31, 2013. The shares were purchased at around VND18,200 each.

* Individual investor Trinh Van Dai has sold nearly 1.5 million shares of KLF Joint Venture Global Investment Company (KLF) to reduce his ownership from 9.9 percent to 4.2%.

* Tan Phu Plastic Company (TPP) will begin trading around one million more shares on the northern exchange on January 10, raising its total outstanding volume to 4.9 million shares.


Category: Business

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