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July 15, 2008 |
| Latest Company News Updates |
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| Company (Industry) |
News Title |
Ba Ria Vung Tau Housing Development Joint Stock Co
Vietnam
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The company has released the business production results in the first half of this year with over VND180 bn in revenue and more than VND 27bn dong in pre-tax profit, a three fold increase against 2007.
Source: Intellasia Business Brief
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Bank for Investment and Development of Vietnam (BIDV)
Vietnam
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The bank is is cutting its lending rates in dong loans by 20 basis points and by 60 basis points in short term loans for customers in key industries, such as oil, cement and steel, to boost the economy.
Source: Thanhnien News
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China Aluminum International Engineering Corp (CHALIECO)
China
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The company and the Vietnam Coal and Mineral Industry Group (Vinacomin) will built USD466mn aluminium processing factory in the Central Highland province of Lam Dong, Vietnam.
Source: Vietnam News Agency
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Chuong Duong Beverages Company
Vietnam
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The company's shareholders VietFund Management and Vietnam Securities Investment Fund holds 716,500 shares (8.43 T.C)
Source: Viet Stock
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Dai-ichi Life Insurance Company of Vietnam Limited
Vietnam
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The company has officially launched a premium collection service through Vietnam Postal Savings Service Company
Source: Vietnam Net Bridge
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Honda Vietnam
Vietnam
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The company has announced its new promotion campaign named ?BeYou with Honda" in which youngsters will be the focus of this operation.
Source: VN Business News
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Hong Kong & Shanghai Banking Corp (HSBC) Vietnam
Vietnam
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The bank has been named the best foreign bank in Vietnam by the leading financial publication Finance Asia in the third consecutive year.
Source: Vietnam Net Bridge
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Intel
United States
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The company will put into use 600 agents and introduce 12,000 Internet access points and coordinate with Yahoo! to renew equipment, assist software services based on Yahoo! foundation and other infrastructure services in the Southeast Asian country.
Source: Investment and Trade Promotion Center
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Japan Asia Vietnam Ltd Co (Javco)
Vietnam
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The company on 11th July 2008 officially made its debut with two founding shareholders namely Japan-based Japan Land Co and Japan Land Singapore Co. and it will provide all services for the property sector.
Source: Intellasia Business Brief
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Kinh Do Corporation
Vietnam
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The company has announced 24th July 2008 as the record date for second dividend payment of 2007 in cash @ 9T.C. and in shares @ 22 T.C.
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Mekong Capital
Vietnam
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The company has announced that the Mekong Enterprise Fund II has committed to investing USD 2.6 mn in the Golden Gate Trade Services Joint Stock Comp
Source: Vietnam Net Bridge
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National Vietnam Oil & Gas Group(PetroVietnam)
Vietnam
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The bank has signed a credit contract worth USD 216.25mn for the Ca Mau 2 Power plant project on 11th July with three foreign banks namely France-based Calyon Bank, German kfW Bank and Belgium's Fortis Bank.
Source: Intellasia Business Brief
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PetroVietnam -IDICO Long Son Industrial Park Investment JSC
Vietnam
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The company will soon start work on an oil and gas industrial zone at Long Son Commune in the southern province of Ba Ria-VungTau, which will accommodate an oil refinery and a petrochemical complex.
Source: Vietnam Business Finance
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Phuong Nam Culture Joint Stock Co
Vietnam
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The company debuts four new one-member limited companies including Phuong Nam Book (PNB), Phuong Nam Film (PNF), Phuong Nam Printer (PNP), and Phuong Nam Stationery in HCM City.
Source: Intellasia Business Brief
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Saigon Commercial Joint Stock Bank
Vietnam
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The bank has offered a tender package of "Core Banking system"with the participation of contractors including FPT-Iflex Information System Ltd Co, Polaris Software Lab Ltd Co and Temenos-Hipt
Source: Intellasia Business Brief
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Salcon Bhd.
Malaysia
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The company had secured a 21 month contract from Dong Tam Water Boo Corporation for a project to design and commission the "Intake, raw water pumping station, water treatment plant and booster pumping" with a capacity of 50,000 cm per day valued at RM64.
Source: Investment and Trade Promotion Center
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Samsung life insurance company
Korea (South)
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The company has inaugurated its representative office in Hanoi on 15th July,2008
Source: Vietnam News Agency
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Song Da 9.09 Joint Stock Company
Vietnam
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The company has been approved in principle to list 1,473,970 new shares issued for dividend payment and as bonus shares on Hanoi Securities Trading Center.
Source: VFM-VietWire
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Southern Commercial Joint Stock Bank (Southern Bank)
Vietnam
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The bank has increased its gold deposit rates up by 0.2-0.3% per annum and applies new interest rate
Source: Intellasia Business Brief
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State Bank of Vietnam
Vietnam
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The bank has tightened the criteria Under Decision No 21/ 2008/QD-NHNN for becoming a foreign exchange agent to ensure their activities meet the needs of the community and tourists and to deter currency speculation
Source: VFM-Viet Wire
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Tu Liem Urban Development Joint Stock Co
Vietnam
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The company's majot share holder Vietnam Securities Investment Fund,Vietnam Growth Investment Fund,Vietnam Blue-Chips Fund holds 962,030 shares (5.8T.C.) on 30th June, 2008:
Source: Viet Stock
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Vietnam Coal-Mineral Industries Group
Vietnam
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The company and the China Aluminum International Engineering Corp (CHALIECO) will built the 600,000 tonnes per year capacity factory.
Source: Vietnam News Agency
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Vietnam Electricity Corporation (EVN)
Vietnam
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The company has been asked by Deputy Prime Minister Hoang Trung Hai to stop investments in non-electricity projects to focus on its forte.
Source: Vietnam Net Bridge
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Vietnam International Bank
Vietnam
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The bank has posted gaining over VND 323 bn from pre tax profit during the first half of the year
Source: Intellasia Business Brief
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Vietnam Works
Vietnam
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The company being a countryÆs premier job search engine, celebrates its sixth anniversary this month and expects to help more than 50,000 people find jobs this year.
Source: Thanhnien News
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VinaPhone
Vietnam
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The company's subscribers have complained about the low quality of phone calls since early June because of interference.
Source: Vietnam Net Bridge
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Vuong Hydro-electric Power Joint Stock Company
Vietnam
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The company has organised a ceremony on 14th July to mark the day when its reservoir started to store water and was put into operation.
Source: Viet Stock
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