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July 14, 2008
Latest Company News Updates
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Company (Industry) News Title
Bach Tuyet Cotton Corporation
Vietnam
The company is in in danger of bankruptcy if the company's majority shareholder doesn't approve a plan to issue more
Source: Vietnam Stock Market News
Bimson Cement JSC
Vietnam (Glass/Concrete)
The company has announced 21st July 2008 as the first day of trading of its 5,661,397 new shares on the Ha Noi Securities Trading Centre.
Chuong Duong Beverages Company
Vietnam (Food/Beverages)
Vietnam Dragon Fund Limited, the major shareholder of the company holding 7.44T.C. of shaers have sold the entire shareholding.
Source: Hochi Minh Stock Exchange
Corporation for Financing and Promotion Technology
Vietnam (InfoTech Equip./Components)
The BoD released its latest resolution mentioning the setting up of an advisory board for the chairman and changes in the leader team.
Dong Duong Co. Ltd.
Vietnam (Real Estate)
The HCM City People's Committee has decided to suspend the project of constructing a 12-storey multi-purpose fully automatic parking and retail space for safety reasons.
Source: Vietnam News Agency
Eastern Asia Commercial Bank
Vietnam (Banking)
The bank has released the first half's business result with pre-tax profit equallingto 57.8% of the year's plan, 100% of the year's figure of total deposits and equalling to 95% of the year's goal in outstanding loans.
Source: Intellasia Business Brief
Full Power Joint Stock Company
Vietnam
The company's major investor Bao Gia Joint Stock Company has increased it's holding in the company by 5.33T.C to 5.61T.C. by purchasing 92,270 shares.
Source: Viet Stock Financial Informatio
Ha long Canned Food Stock Corporation
Vietnam
The company's investor Balestrand Limited indulged in inside trading by sell all of its holding in Halong Canned Food Joint Stock Corporation.
Source: Viet Stock
Hoan Long Computer Joint Stock Co.
Vietnam
The company has been awarded with ICT Gold Medals in the New Gold Medal for Retailers Category.
Source: Vietnam Business Finance
Hoang Anh Gia Lai Group
Vietnam
The company has started the construction of an athlete village for the SEA Games 25 in Vientiane (Laos)on 12th July,2008 and complex will be of USD 19mn.
Source: Vietnam Business Finance
Huyndai-Vinashin Shipyard Co. Ltd.
Vietnam
The company to be fined by the Khanh Hoa Department of Natural Resources and Environment, Lieutenan for environmental violations by using four trucks to try to dump over 100 tons of toxic waste near a residential area of Ninh Diem
Source: VN Business News
Incombank
Vietnam
The company has increased its charter capital to VND300bn from VND240bn.
Keppel Land Ltd
Singapore
The company will not have any impact on its property projects in the country in the short term.
Source: Vietnam Real Estate & Property Market News
Military Commercial Joint Stock Bank
Vietnam (Banking)
The bank has reported the growth of 20% in total deposits and 25% in oustanding loans. Further, the bank's total profit accounted for 61% of the year's plan.
Source: Intellasia Business Brief
National Vietnam Oil & Gas Group(PetroVietnam)
Vietnam
The company has successfully installed underground systems of crude oil pipelines and the single-point mooring system.
Source: VN Business News
PetroVietnam Investment Consultancy and Engineering JSC
Vietnam
The company has stated that Mr. Bui Tuan Anh was named the company's General Director and took the charge of its legal representative effective from 8th July 2008.
PetroVietnam Securities Co
Vietnam (Diversified Financial Services)
The company's business license has been modified by State Securities Commission's chair vide Decision No 140/UBCK-GP with the new chartered capital of VND287.25bn.
Source: Intellasia Business Brief
Phong Vu Service Trading Co.
Vietnam
The company has been awarded with ICT Gold Medals in the New Gold Medal for Retailers Category.
Source: Vietnam Business Finance
Phu My Joint Venture Co. (PMC)
Vietnam
The company could face heavy fines for failing to finish on schedule the roads leading to Ho Chi Minh City largest bridge due to sluggish acquisition by the city authorities.
Sacombank Securities Company
Vietnam (Diversified Financial Services)
The company has officially launched DSTi's Equities Trading Solution (ETS) and Back Office Solution for Trading (BeST).
Source: Intellasia Business Brief
Saigon Hotel Corporation
Vietnam
Major shareholder, The Blackhorse Enhanced Vietnam Inc. bought 5000 shares of the company owning total volume of T.C. 6.2 after trading.
Source: Hochi Minh Stock Exchange
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)
Vietnam (Banking)
The bank has announced the plan of 2007 dividend payment and after gatting approval for from shareholder in public share-offering plan in 2008.
Source: Intellasia Business Brief
Samsung life insurance company
Korea (South)
The company will open a representative office in Viet Nam on 15th July 2008.
Source: Vietnam Business Finance
Savimex Corporation
Vietnam
The company has informed of resignation of Mr Vu Huu Dien - a member of the BOD from 1st July 2008.
Source: Hochi Minh Stock Exchange
Seafood Joint Stock Company No 1
Vietnam
The company has announced 14th July 2008 as a record date for its shareholder ballot on adding the new line of real estate dealing into its business license.
State Bank of Vietnam
Vietnam
The bank has signed an agreement to receive a USD60mn loan from the World Bank to finance a local healthcare project which will be used upgrade hospitals and improve healthcare conditions of the poor people.
Source: Intellasia Business Brief
Toyota Motor Vietnam
Vietnam (Automotives)
The company would indemnify 13 buyers of the brand-new Innova and Hiace vehicles equipped with the engines forgotten for two-years at a port in northern Vietnam.
Source: Intellasia Business Brief
Vietnam Blue Chip Investment Fund 4
Vietnam
The SamcoInvest reduced its shareholding from 5.6T.C. to 3.12T.C. by selling 2,000,000 fund certificates in the company.
Source: Hochi Minh Stock Exchange
Vietnam Development Bank
Vietnam (Banking)
The company's tender for its bond which is for VND 500bn would be hold by Hanoi Securities Trading Centre (HaSTC) 16th July,2008
Source: Intellasia Business Brief
Vietnam Shipbuilding Industry Group (Vinashin)
Vietnam
The company made an announcement on 14th July 2008 that chief accountant Ms. Le Ngoc Bich has been replaced by Ms. Nguyen Thi Hai Tao pursuant to Decision No. 115/QD from 10th July 2008.
VietSovPetro Company
Vietnam
The company has sign an agreement with Swiber Holdings Ltd., a Singapore- based provider of services to the offshore marine industry to install two pipelines.
Source: VN Business News
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