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  Below are the latest news from Vietnam 500.

 
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July 10, 2008
Latest Company News Updates
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Company (Industry) News Title
Agel Vietnam Co
Vietnam (Food/Beverages)
The company has been established in Vietnam by the holding group Agel International (USA), it will serve as a distribution centre of Agel Nutritional products in Vietnam.
Source: VN Business News
Australia and New Zealand Banking Group Ltd.
Australia (Banking)
The bank has introduced a new mobile banking service in Hanoi on 10th July 2008.
Source: VN Business News
Bach Tuyet Cotton Corporation
Vietnam (Textiles/Apparel/Personal Goods)
The company has been Suspended for Rules Infringement as of July11th, 2008 by HOSE due to losing profit in 2006 and 2007 under 1.3, Article 20, Chapter V of Regulations of Listing of Securities on HOSE.
Source: Viet Stock
Bank for Investment and Development of Vietnam (BIDV)
Vietnam (Banking)
The bank has distributed USD13mn on 9thJuly 2008 as foreign currency assistance to domestic as foreign currency assistance to domestic.
Source: Vietnam Business Finance
Bim Son Cement Company
Vietnam (Glass/Concrete)
The company has been approved the listing of 5,661,397 additional shares by the The Hanoi Securities Trading Center.
Source: VFM-Viet Wire
Central Bank of Brazil
United States (Banking)
The bank has signed an agreement with Vietnam Bank for Agriculture & Rural Development (Agribank) to develop transfer and payment systems between the two banks.
Source: VN Business News
Central Bank of Brazil
United States (Banking)
The bank would consider the opening of a branch in Vietnam in the future, it has signed a Memorandum of Understanding (MoU)with the Vietnam Bank for Agriculture and Rural Development wherein they agreed to exchange information, and support in their impor
Source: Vietnam News Agency
Container South Joint Stock Co (Viconship Saigon)
Vietnam (Transportation)
The company has been approved by HaSTC, to list shares on the southern bourse, & 22nd July 2008, would be the registration deadline for it to close the list of shareholders.
Source: Intellasia Business Brief
Dai-ichi Life Insurance Company of Vietnam Limited
Vietnam (Insurance)
The comapny has launched a new product, "An Loc Tich Luy Gia Tang" or "Anticipated Endowment."
Source: ThanhNien News
Duc Long Gia Lai Group
Vietnam (Mining/Petroleum)
The company has decided to raise its registered capital from VND270bn to VND370bn at an annual shareholders' meeting.
Source: Intellasia Business Brief
FPT Software
Vietnam (InfoTech Equip./Components)
The company has announced on July 9 that it will establish an affiliate company in the region.
Source: Vietnam Net Bridge
Ho Chi Minh City Infrastructure Investment Joint Stock Company
Vietnam (Property Mgmt/Construction Svcs)
The company has announced that it successfully bought 500,000 registered shares as treasury stocks on HOSE.
Source: VFM-VietWire
PetroVietnam Fertiliser and Chemical Corporation
Vietnam (Chemicals)
The company has announced that it will sell its products at list prices nationwide, & that the prices would be 10-15% lower than market levels.
Source: Intellasia Business Brief
Premier Oil Plc
United Kingdom (Mining/Petroleum)
The company has said it found a 10-meter (33-foot) layer of oil, and a further five-meter layer in a shallower reservoir, at its Vietnamese Chim Ung-1 well.
Source: ThanhNien News
Royal International Corporation
Vietnam (Travel and Leisure)
The company's record date for the list of shareholders is July18th 2008 as announced by HOSTC.
Source: Viet Stock
Sacombank Securities Company
Vietnam (Diversified Financial Services)
The company has installed a new software to automate the back office solution for trading and efficiently managing risks.
Source: Vietnam News Agency
Saigon Securities Inc.
Vietnam (Diversified Financial Services)
Foreign investors will be allowed to own a maximum 49% of the convertible bonds issued by the company.
Source: Vietnam Stock Market News
Sanyo Corp.
Japan (Electronics)
The company will pour USD95mn USD into an electronic component plant at the Quang Chau Industrial Zone in northern Bac Giang province,it received on 10th July 2008 an investment license to carry out the plant construction.
Source: Vietnam News Agency
Savimex Corporation
Vietnam (Paper/Wood)
The company has stated that on 10th July 2008 its Board of Directors has agreed with the resignation of Mr. Vu Huu Dien, BoD Member with effect from 1st July 2008.
Source: VFM-VietWire
Savimex Corporation
Vietnam (Paper/Wood)
The company's share price fell the third day after saying Wareham Group will cut its holding.
Source: STOC
Sieu Thanh J.S.C
Vietnam (Paper/Wood)
The company has announced that it only bought 61,000 shares of the total registered 300,000 shares as treasury stocks on HOSE.
Source: VFM-Viet Wire
SMC Trading- Investment Joint Stock Company
Vietnam (Med. Equip. & Supplies)
The company will contribute capital to establish 2 new trading & production enterprises named Sao Viet & Hai Viet, involved in trading construction materials & trading fisheries & machinery & steel, respectively.
Source: VN Stock News
Song Da 9.01 Joint Stock Company
Vietnam (Property Mgmt/Construction Svcs)
The company has announced that its head office was moved to No. 37 Truong Chinh, Phu Dong Ward, Pleiku City, Gia Lai Province.
Source: VFM-VietWire
Song Da Urban & Industrial Zone Development & Investment (Sudico)
Vietnam (Property Mgmt/Construction Svcs)
The company held an extraordinary meeting on 4th July 2008 and approved a resolution to transfer Nam An Khanh (South An Khanh) projects to SUDICO An Khanh Co. Ltd.
Source: VFM-Viet Wire
Thanh Thanh Joint Stock Company
Vietnam (Glass/Concrete)
The company announces that it has bought 39,000 shares of the total registered 100,000 shares as treasury stocks on HOSE.
Source: VFM-Viet Wire
Vien Lien Joint Stock Company
Vietnam (Electronics)
The company has announced that it only bought 234,580 shares of the total registered 300,000 shares as treasury stocks on HOSE.
Source: VFM Viet Wire
Vietnam Airlines
Vietnam (Travel and Leisure)
The company will be the official sponsor airline for the 60th Miss World contest scheduled to take place in Vietnam in 2010 .
Source: Vietnam News Agency
Vietnam Airlines
Vietnam (Travel and Leisure)
The company cannot inaugurate its direct air route to the US in 2008 as planned announced by the Vietnam Civil Aviation Administration on July 8.
Source: VietNam Net Bridge
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