Archive for October 24th, 2018

Securities firm SSI reports sharp rise in profits

24-Oct-2018 Intellasia | VNS | 6:00 AM

Saigon Securities Inc. reported strong growth in the third quarter despite the securities market correction, with profits surging 227 per cent to VND541.6 billion (US$23.16 [...]
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Vietnamese stocks stay in red from selling pressure

24-Oct-2018 Intellasia | VNA | 6:00 AM

The Vietnamese stock market lost steam by the end of October 22 due to the rising selling pressure. The benchmark VN Index on the Ho Chi Minh Stock Exchange (HoSE) declined [...]
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Malaysia’s RHB Bank gets okay to buy out Vietnamese securities firm

24-Oct-2018 Intellasia | Hanoi Times | 6:00 AM

Upon completion of the proposed acquisition, Vietnam Securities Corporation (VSEC) will become a wholly-owned subsidiary of RHB Investment Bank. Malaysia’s RHB Bank has [...]
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Stock market briefs

24-Oct-2018 Intellasia | The Saigon Times | 6:00 AM

Vietcombank (VCB) has submitted documents to the State Securities Commission seeking approval to issue 359.8 million shares, equivalent to 10 percent of its current volume of [...]
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Index down for third day, trade still low

24-Oct-2018 Intellasia | The Saigon Times | 6:00 AM

Having made some recovery in the morning phase today, October 22, selling pressure pushed the VN Index of the Hochiminh Stock Exchange down again in the afternoon phase, [...]
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Hitachi Appoints Partners to Support Wylfa Newydd

24-Oct-2018 Intellasia | 23-OCT-2018 ACN Newswire | Hitachi, Ltd. | 6:00 AM

TOKYO, Oct 23, 2018 – (JCN Newswire) – Hitachi Nuclear Energy Europe, Ltd., a wholly-owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the [...]
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Hong Kong Optical Fair Opens on 7 Nov

24-Oct-2018 Intellasia | 23-OCT-2018 ACN Newswire | HKTDC | 6:00 AM

Focus on New Technologies, Designs and Market Trends HONG KONG, Oct 23, 2018 – (ACN Newswire) – The 26th edition of the Hong Kong Optical Fair, organised by the [...]
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Eisai: Application Seeking Manufacturing and Marketing Approval in Japan Submitted for Parkinson’s Disease Treatment Safinamide

24-Oct-2018 Intellasia | 23-OCT-2018 ACN Newswire | Eisai | 6:00 AM

TOKYO, Oct 23, 2018 – (JCN Newswire) – Eisai Co., Ltd. and Meiji Seika Pharma Co., Ltd. announced that an application seeking manufacturing and marketing approval [...]
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HitBTC Announces PASS Token Listing

24-Oct-2018 Intellasia | 23-OCT-2018 ACN Newswire | Blockpass IDN | 6:00 AM

HONG KONG, Oct 23, 2018 – (ACN Newswire) – The well-known cryptocurrency exchange HitBTC announced today that Blockpass’ PASS token has successfully been [...]
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NTT DOCOMO Launches IoT-driven Temperature-Monitoring Service in USA

24-Oct-2018 Intellasia | 23-OCT-2018 ACN Newswire | NTT DOCOMO | 6:00 AM

Will reduce food wastage and inefficiencies by visualizing refrigerator temperatures TOKYO, Oct 23, 2018 – (JCN Newswire) – NTT DOCOMO, INC. and NTT DOCOMO USA, [...]
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Tightening real estate credit: home buyers affected

24-Oct-2018 Intellasia | BizLIVE | 6:00 AM

According to real estate experts and real estate businesses, tightening credit limits for real estate will create difficulties for customers and investors. Both home buyers [...]
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Difficulties in approaching medium and long-term capital

24-Oct-2018 Intellasia | Dien dan Doanh Nghiep | 6:00 AM

Businesses need to diversify their sources of capital for operation when approaching medium and long-term credit will become more difficult since early 2019. According to [...]
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Trust Bank case defendants call for trial appeal

24-Oct-2018 Intellasia | VNS | 6:00 AM

HCM City People’s Supreme Court on Monday heard the trial appeal for the economic mismanagement and misappropriation case at Trust Bank leading to the loss of VND6.3 [...]
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Service revenue increases rapidly, many banks report large profits

24-Oct-2018 Intellasia | Nguoi Lao Dong | 6:00 AM

Many commercial banks posted large profits in the first nine months of 2018, after the pressure from provisioning for bad debts fell and revenue from services strongly rose. [...]
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VPBank posts 41pct increase in profit in 9 months

24-Oct-2018 Intellasia | Hanoi Times | 6:00 AM

Vietnam Prosperity Bank (VPBank)`s total asset value was reported at VND296.21 trillion (US$12.74 billion), up 17 percent year-on-year. Hanoi-based VPBank posted its [...]
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