Home | About Us | Sign In | Contact Us | What’sNew   Below are the last 7 days news from Vietnam 500.   News by Country News by Company News by Industry News by NewsDate Latest Company News Updates - By Newstype Company (Industry-NewsDate) News Title Auditor Related Bach Tuyet Cotton Corporation Vietnam - Pharmaceuticals (July 11, 2008) The company has sent explanation regarding incorrect data in its 2007 and includes explanation on items which change profit into loss in 2006 income statement, on 2007 losses and auditor?s opinion Source: VFM-VietWire Awards/ Achievements An Binh Securities Company Vietnam - Diversified Financial Services (July 13, 2008) The company has been granted ISO 9001:2000 quality certification on brokerage services, depository securities issuance guarantees and consulting services on finance and securities investment. Source: Vietnamnet Furama Resort Vietnam - Travel and Leisure (July 11, 2008) The resort won the Ace Vietnamese Leading Resort award title for 2008 by the World Travel Awards, the most prestigious awards programme in the international travel industry. Source: Vietnam News Agency Hoan Long Computer Joint Stock Co. Vietnam (July 14, 2008) The company has been awarded with ICT Gold Medals in the New Gold Medal for Retailers Category. Source: Vietnam Business Finance Hong Kong & Shanghai Banking Corp (HSBC) Vietnam Vietnam (July 15, 2008) 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 Phong Vu Service Trading Co. Vietnam (July 14, 2008) The company has been awarded with ICT Gold Medals in the New Gold Medal for Retailers Category. Source: Vietnam Business Finance Board of Directors PetroVietnam Investment Consultancy and Engineering JSC Vietnam (July 14, 2008) 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. Savimex Corporation Vietnam (July 14, 2008) 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 Savimex Corporation Vietnam - Paper/Wood (July 10, 2008) 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 Capital Issues Bimson Cement JSC Vietnam - Glass/Concrete (July 14, 2008) 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. Duc Long Gia Lai Group Vietnam - Mining/Petroleum (July 10, 2008) The company has decided to raise its registered capital from VND270bn to VND370bn at an annual shareholders' meeting. Source: Intellasia Business Brief HCM City Infrastructure Investment Joint Stock Co (CII) Vietnam - Property Mgmt/Construction Svcs (July 13, 2008) The company has announced that it registered to buy its 1.5mn more shares from 17th July,2008 to 17th October,2008 under the method of matching orders to make fund shares Source: Intellasia Business Brief Incombank Vietnam (July 14, 2008) The company has increased its charter capital to VND300bn from VND240bn. State Securities Commission Vietnam (July 16, 2008) The commission issued a Dispatch No 1373/UBCK-QLPH approving in principle the Hai Chau Confectionery Joint Stock Co (Haichaco) to offer shares to the public. Source: Intellasia Business Brief Changes in Shareholding Chuong Duong Beverages Company Vietnam (July 15, 2008) The company's shareholders VietFund Management and Vietnam Securities Investment Fund holds 716,500 shares (8.43 T.C) Source: Viet Stock Chuong Duong Beverages Company Vietnam - Food/Beverages (July 14, 2008) 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 Full Power Joint Stock Company Vietnam (July 14, 2008) 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 (July 14, 2008) 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 Ho Chi Minh City Infrastructure Investment Joint Stock Company Vietnam - Property Mgmt/Construction Svcs (July 10, 2008) The company has announced that it successfully bought 500,000 registered shares as treasury stocks on HOSE. Source: VFM-VietWire Saigon Hotel Corporation Vietnam (July 14, 2008) 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 Sieu Thanh J.S.C Vietnam - Paper/Wood (July 10, 2008) 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 Thanh Thanh Joint Stock Company Vietnam - Glass/Concrete (July 10, 2008) 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 Tu Liem Urban Development Joint Stock Co Vietnam (July 15, 2008) 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 Vien Lien Joint Stock Company Vietnam - Electronics (July 10, 2008) 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 Blue Chip Investment Fund 4 Vietnam (July 14, 2008) 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 Contracts/Deals Cavico Vietnam Mining and Construction Joint Stock Co. Vietnam - Property Mgmt/Construction Svcs (July 12, 2008) The copany has signed a contract worth USD 3.4mn for construction of main dam, drainage channel and observation system at the project of Ta Trach Reservoir and as scheduled, it will start in August 2008 and complete by December 2011. Source: VFM-VietWire Central Bank of Brazil United States - Banking (July 10, 2008) 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 Intel United States (July 15, 2008) 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 Intel Co United States - InfoTech Services (July 11, 2008) The company has signed an agreement with Yahoo Inc. to jointly promote their sales and services in Vietnam, where about one in four people use the Internet. Source: Thanh Nien News National Vietnam Oil & Gas Group(PetroVietnam) Vietnam (July 15, 2008) 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 Salcon Bhd. Malaysia (July 15, 2008) 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 State Bank of Vietnam Vietnam (July 14, 2008) 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 Vietnam Post and Telecommunications Group (VNPT) Vietnam - Telecom (July 13, 2008) The compan has been assigned to develop public telecom services in rural and mountainous regions along with other company named Viettel, EVN Telecom & SPT the Ministry of Information and Communications. Source: Vietnam Business News VietSovPetro Company Vietnam (July 14, 2008) 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 Viettel Mobile Vietnam - Telecom (July 13, 2008) The compan has been assigned to develop public telecom services in rural and mountainous regions along with other company named VNPT, EVN Telecom & SPT by the Ministry of Information and Communications. Source: Vietnam Business News Debentures/Notes/Bonds Petrolimex Gasoline Commercial Joint Stock Bank (PG Bank) Vietnam - Banking (July 11, 2008) The bank has announced it would issue VND1tr worth of three and six month promissory notes at an annual interest rate of 18.6 T.C Source: Vietnam News Agency Vietnam Development Bank Vietnam (July 16, 2008) The HaSTC announced that on 16th July 2008 it would hold a tender for VND500bn of G-bonds issued by the Vietnam Development Bank for the third tranche of 2008. Source: Intellasia Business Brief Vietnam Development Bank Vietnam - Banking (July 14, 2008) 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 Distribution Channels Acer Vietnam Vietnam - Electronics (July 12, 2008) The company has appointed Petrosetco Distribution Company as an authorised agent in Vietnam on 11th July 2008. Source: VietNam Net Dividend Announcements Kinh Do Corporation Vietnam (July 15, 2008) 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. Seafood Joint Stock Company No 1 Vietnam (July 14, 2008) 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. Song Da 5.05 Joint Stock Company Vietnam - Property Mgmt/Construction Svcs (July 12, 2008) The company has states that 25th July, 2008 is the record date for its 2007 second dividend payment in cash which will be made on 12th Aug 2008 rated at T.C. (VND 700 for each share unit). Source: VFM-VietWire Vietnam National Reinsurance Cooporation Vietnam - Insurance (July 12, 2008) The company stated that Jul 25, 2008 would be the record date for its 2008 first dividend payment in cash and it will be paid on Aug 22,2008 rated at 10T.C Source: VFM-VietWire Earnings Descon Construction Corporation Vietnam (July 16, 2008) The company released its business performance during the first half of 2008 with over VND171bn in net revenue from sales and services provision. Source: Intellasia Business Brief Eastern Asia Commercial Bank Vietnam - Banking (July 14, 2008) 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 Military Commercial Joint Stock Bank Vietnam - Banking (July 14, 2008) 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 PetroVietNam Drilling and Well Services Joint Stock Company Vietnam - Mining/Petroleum (July 11, 2008) The company has doubled it's profit VND500bn in the first half of 2008 from VND214bn in the same period of 2007 its rig operated at full efficiency. Source: Thanh Nien News Rang Dong Light Sources & Vacuum Flask JSC Vietnam - Electrical Equipment (July 13, 2008) The company has estimated revenue of VND463bn and Post tax profit of VND48bn the first half of this year with a target of gaining VND935bn in revenue and VND50bn in profits this year. Source: Vietnam net Technological and Commercial Joint-stock Bank (The) Vietnam - Banking (July 11, 2008) The bank has posted a 75% increase in 1st-half pretax profit as it expanded its banking network, it had a pretax earnings of VND551bn(USD33mn) in the 6 months ended 30th June 2008. Source: VN Stock News Thien Nam Trading Import Export Corporation Vietnam (July 16, 2008) The company released the H1 business results with total revenue of VND471.47bn, a year-on-year increase of 123.75T.C., accounting for 58.93T.C of the year's target. Source: Intellasia Business Brief Vietnam Dairy Products Joint Stock Company (Vinamilk) Vietnam - Food/Beverages (July 11, 2008) The company has reported a 21% rise in 1st-half net profit as robust exports and local demand boosted sales. Source: VN Stock News Employees Related News Corporation for Financing and Promotion Technology Vietnam - InfoTech Equip./Components (July 14, 2008) The BoD released its latest resolution mentioning the setting up of an advisory board for the chairman and changes in the leader team. Vietnam Shipbuilding Industry Group (Vinashin) Vietnam (July 14, 2008) 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. Financial Results Ba Ria Vung Tau Housing Development Joint Stock Co Vietnam (July 15, 2008) 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 Bach Tuyet Cotton Corporation Vietnam - Textiles/Apparel/Personal Goods (July 13, 2008) The company has explained its financial losses which is due to shortage of working capital 2006 and 2007and following an official decision has taken to cancel the company?s share trading temporarily. Source: Vietnam Stock Market News Vietnam International Bank Vietnam (July 15, 2008) The bank has posted gaining over VND 323 bn from pre tax profit during the first half of the year Source: Intellasia Business Brief Future Plans Bach Tuyet Cotton Corporation Vietnam (July 14, 2008) 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 Central Bank of Brazil United States - Banking (July 10, 2008) 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 China Aluminum International Engineering Corp (CHALIECO) China (July 15, 2008) 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 Cong Thanh Cement Joint Stock Co Vietnam - Glass/Concrete (July 11, 2008) The company is seeking approval from Thanh Hoa Province to build a fertiliser factory in Nghi Son Industrial Park, it is a USD670mn facility. Source: Intellasia.Business news Danameco Medical Joint Stock Co Vietnam - Healthcare Services (July 12, 2008) The company with a chartered capital of VND15bn announced that it would auction 800,000 shares with the initial price of 20,000 dong per share. Source: Vietnam Stock Market News FPT Software Vietnam - InfoTech Equip./Components (July 10, 2008) The company has announced on July 9 that it will establish an affiliate company in the region. Source: Vietnam Net Bridge GE International United States (July 16, 2008) The company will organise GE Day on 25th July 2008 in Hanoi to introduce its wide range of products and services as well as strategic inventions and initiatives. Source: Vietnam News Agency PetroVietnam -IDICO Long Son Industrial Park Investment JSC Vietnam (July 15, 2008) 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 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) Vietnam - Banking (July 14, 2008) 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) (July 14, 2008) The company will open a representative office in Viet Nam on 15th July 2008. Source: Vietnam Business Finance Sanyo Corp. Japan - Electronics (July 10, 2008) 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 SMC Trading- Investment Joint Stock Company Vietnam - Med. Equip. & Supplies (July 10, 2008) 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 Vietnam Airlines Vietnam - Travel and Leisure (July 10, 2008) 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 Coal-Mineral Industries Group Vietnam (July 15, 2008) The company and the China Aluminum International Engineering Corp (CHALIECO) will built the 600,000 tonnes per year capacity factory. Source: Vietnam News Agency Vietnam Petroleum Transport Joint Stock Company Vietnam - Transportation (July 11, 2008) The company has announced that Mrs.Le Thi Huan, wife of chairman Mr.Nguyen Dao Thinh, would raise her stake to 0.042% from 0.033% by buying 5,000 shares before 10th September 2008. Source: VN Stock News Vietnam Post and Telecommunications Group (VNPT) Vietnam - Telecom (July 12, 2008) The company will change its fixed phone numbers from six to seven digits in 53 provinces and cities starting from October 5, 2008. Source: Vietnam Net Guidelines/Outlines Axiom Mining Australia - Mining/Petroleum (July 12, 2008) The company has released a research report compiled by wise-owl.com on its exploration work and prospects for its properties in Vietnam, Australia and the Solomon Islands. Source: Intellasia Business Brief Bach Tuyet Cotton Corporation Vietnam - Textiles/Apparel/Personal Goods (July 10, 2008) 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 PetroVietnam Fertiliser and Chemical Corporation Vietnam - Chemicals (July 10, 2008) 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 RCE Capital Berhad Malaysia - Diversified Financial Services (July 11, 2008) The company has dropped its plan to jointly set up a finance company in Vietnam with Southern Commercial Joint Stock Bank. Source: Vietnam Stock Market News Royal International Corporation Vietnam - Travel and Leisure (July 10, 2008) The company's record date for the list of shareholders is July18th 2008 as announced by HOSTC. Source: Viet Stock Saigon Securities Inc. Vietnam - Diversified Financial Services (July 10, 2008) Foreign investors will be allowed to own a maximum 49% of the convertible bonds issued by the company. Source: Vietnam Stock Market News Savimex Corporation Vietnam - Paper/Wood (July 10, 2008) The company's share price fell the third day after saying Wareham Group will cut its holding. Source: STOC SGL Vietnam Development Limited Vietnam - Diversified Financial Services (July 11, 2008) The company has announced that it is responding to the weaker Vietnam economy, its new strategy could allow it access to more advanced projects & enable it to spread its exposure, it has sent a letter to shareholders on the current state of economy. Source: Investment & Trade Promotion Center Song Da Urban & Industrial Zone Development & Investment (Sudico) Vietnam - Property Mgmt/Construction Svcs (July 10, 2008) 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 State Bank of Vietnam Vietnam (July 15, 2008) 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 Viet Ha Pharmaceutical Joint Stock Co Vietnam - Pharmaceuticals (July 11, 2008) The company has been asked to lower drug prices by the Ministry of Health as it raised the prices of eight imported items without permission & sells them at prices higher than quoted. Source: Intellasia Business Brief Vietnam Airlines Vietnam - Travel and Leisure (July 10, 2008) 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 Vietnam Electricity Corporation (EVN) Vietnam (July 15, 2008) 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 Innovations Dat Lanh Real Estate Company Vietnam - Real Estate (July 12, 2008) The company has been permitted to build two apartment blocks for low-income families, with each unit measuring 30-40sq.m. Source: Vietnam News Agency International Offices Agel Vietnam Co Vietnam - Food/Beverages (July 10, 2008) 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 Investments Mekong Capital Vietnam (July 15, 2008) 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 Tokyo Rope Mfg Co Japan - Industrial Equipment (July 11, 2008) The company is spending some USD30mn to install state-of-the-art equipment for the manufacture of large steel pipes for waterworks & gas line infrastructure at its factory outside Ho Chi Minh City. Source: Investment & Trade Promotion Center Listings Mirae Joint Stock Co. Vietnam (July 16, 2008) The company would list shares on the Korean Exchange (KRX) to develop its brand name and attract investment capital from Korea partners as well as create conditions for the company's expansion plan. Source: Intellasia Business Brief Song Da 9.09 Joint Stock Company Vietnam (July 15, 2008) 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 Litigation National Vietnam Oil & Gas Group(PetroVietnam) Vietnam - Mining/Petroleum (July 11, 2008) The company has signed a credit contract with three banks Calyon of France, kfW of Germany and Fortis of Belgium and the Netherlands on 11th July, 2008. Source: Vietnam News Agency Long Term Debt/Loans Hoang Anh Gia Lai Group Vietnam - Real Estate (July 12, 2008) The company has provide non-interest loan of USD15mn and USD4mn in non-refundable aid for Vietnamese-funded building for athletes Laos ? Vientiane city. Source: Property news Management Changes PetroVietnam Southern Gas Company Vietnam - Mining/Petroleum (July 11, 2008) The company has stated that Mr. Trinh Van Khiem no longer held the position of PGS Deputy General Director holding BoD Member as of 09th Jul, 2008. Source: VFM-VietWire Song Da 11 Joint Stock Company Vietnam - Property Mgmt/Construction Svcs (July 12, 2008) The company has announced that Mr. Lap Pham resigned his position as Deputy General Director as of May 23, 2008 to take over other business Source: VFM-Viet Wire Miscellaneous Bac Lieu Fisheries JSC Vietnam - Food/Beverages (July 11, 2008) The company has announced on 24thJuly, 2008 is the record date for its shareholder ballot. Kind of share is common, with face value of VND10,000. Source: VFM-VietWire Bank for Investment and Development of Vietnam (BIDV) Vietnam - Banking (July 10, 2008) The bank has distributed USD13mn on 9thJuly 2008 as foreign currency assistance to domestic as foreign currency assistance to domestic. Source: Vietnam Business Finance Dong Duong Co. Ltd. Vietnam - Real Estate (July 14, 2008) 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 (July 16, 2008) Total inward remittance being transferred via bank last year was recorded at USD1bn, accounting for nearly 20% market share. The figure is expected to be USD1.2bn in 2008, up 20% year-on-year. Source: Intellasia Business Brief Ford Vietnam Co.Ltd Vietnam - Automotives (July 12, 2008) The company on 10th July 2008 launched the Driving Skills for Life program for local car divers in a bid to reduce the number of traffic accident in Vietnam. Source: Vietnam News Agency Hoang Anh Gia Lai Group Vietnam (July 14, 2008) 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 Honda Vietnam Vietnam (July 15, 2008) 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 Huyndai-Vinashin Shipyard Co. Ltd. Vietnam (July 14, 2008) 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 Keppel Land Ltd Singapore (July 14, 2008) 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 National Vietnam Oil & Gas Group(PetroVietnam) Vietnam (July 14, 2008) The company has successfully installed underground systems of crude oil pipelines and the single-point mooring system. Source: VN Business News Phu My Joint Venture Co. (PMC) Vietnam (July 14, 2008) 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. Saigon Commercial Joint Stock Bank Vietnam (July 15, 2008) 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 Toyota Motor Vietnam Vietnam - Automotives (July 14, 2008) 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 Airlines Vietnam (July 16, 2008) The company has reduced spendings by VND400bn in response to the government's calls for thrift. Source: Vietnam News Agency Vietnam Works Vietnam (July 15, 2008) 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 VinaPhone Vietnam (July 15, 2008) The company's subscribers have complained about the low quality of phone calls since early June because of interference. Source: Vietnam Net Bridge Vuong Hydro-electric Power Joint Stock Company Vietnam (July 15, 2008) 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 New Business An Binh Commercial Joint Stock Bank (ABBank) Vietnam (July 16, 2008) The bank and French life insurer Prevoir launched the comprehensive risk insurance based on Prevoir Vietnam's products from July. Source: Intellasia Business Brief Australia and New Zealand Banking Group Ltd. Australia - Banking (July 10, 2008) The bank has introduced a new mobile banking service in Hanoi on 10th July 2008. Source: VN Business News Dai-ichi Life Insurance Company of Vietnam Limited Vietnam (July 15, 2008) The company has officially launched a premium collection service through Vietnam Postal Savings Service Company Source: Vietnam Net Bridge Dai-ichi Life Insurance Company of Vietnam Limited Vietnam - Insurance (July 10, 2008) The comapny has launched a new product, "An Loc Tich Luy Gia Tang" or "Anticipated Endowment." Source: ThanhNien News Gia Quyen Securities Joint Stock Company Vietnam - Diversified Financial Services (July 11, 2008) The company has opened a branch at 156 Trieu Viet Vuong Street, Ha Noi yesterday to expand its operation in the North. Source: Vietnam Stock Market News Japan Asia Vietnam Ltd Co (Javco) Vietnam (July 15, 2008) 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 Phuong Nam Culture Joint Stock Co Vietnam (July 15, 2008) 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 Premier Oil Plc United Kingdom - Mining/Petroleum (July 10, 2008) 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 Sacombank Securities Company Vietnam - Diversified Financial Services (July 10, 2008) The company has installed a new software to automate the back office solution for trading and efficiently managing risks. Source: Vietnam News Agency Vietnam Superintendence and Inspection JSC Vietnam - Business Services (July 11, 2008) The company has established a subsidiary named Vinacontrol Environment Consultancy & Appraisal JSC with chartered capital of VND3,000mn. Source: Ho Chi Minh Exchange Vinaconex Advanced Compound Stone Joint stock Co (Vicostone) Vietnam - Property Mgmt/Construction Svcs (July 11, 2008) The company has set up three new member companies. Source: Vietnam Stock Market News New Office Locations Samsung life insurance company Korea (South) (July 15, 2008) The company has inaugurated its representative office in Hanoi on 15th July,2008 Source: Vietnam News Agency Song Da 9.01 Joint Stock Company Vietnam - Property Mgmt/Construction Svcs (July 10, 2008) 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 New Products Minh Phu Aqua-Poduct Im-Ex Joint-stock Corporation Vietnam - Food/Beverages (July 13, 2008) The company has successfully experimented with the breeding of white leg shrimps in a 13 hectare area. Productivity is expected to reach 10 tonnes per hectare. Source: VN Business News Sacombank Securities Company Vietnam - Diversified Financial Services (July 14, 2008) The company has officially launched DSTi's Equities Trading Solution (ETS) and Back Office Solution for Trading (BeST). Source: Intellasia Business Brief Patent/Trademark/License Artex Securities Corporation Vietnam - Diversified Financial Services (July 11, 2008) The company has been approved as a member of HoSTC (STC) on 8th July 2008 with a chartered capital of VND135bn. Source: Intellasia Business Brief Bim Son Cement Company Vietnam - Glass/Concrete (July 10, 2008) The company has been approved the listing of 5,661,397 additional shares by the The Hanoi Securities Trading Center. Source: VFM-Viet Wire Container South Joint Stock Co (Viconship Saigon) Vietnam - Transportation (July 10, 2008) 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 Duc Khai Joint stock Corporation Vietnam - Property Mgmt/Construction Svcs (July 13, 2008) The company's proposal has been approved by Prime Minister Nguyen Tan Dung to establish a private business to reclaim land and compensate for ground clearance. Source: Property news EVN Financial Joint Stock Co. Vietnam (July 16, 2008) The company has received the licence to start operating from State Bank of Vietnam with a registered capital of VND2.5tr. Source: VFM-Viet Wire PetroVietnam Securities Co Vietnam - Diversified Financial Services (July 14, 2008) 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 Promag Limited Company Germany - Real Estate (July 12, 2008) The company's license has been revoked by the central province of Binh Dinh for a USD30 mn property project. Source: Property news Ratings Changes Bank for Investment and Development of Vietnam (BIDV) Vietnam (July 15, 2008) 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 EXIM Bank of Vietnam Vietnam (July 16, 2008) The bank has adjusted the deposit rate benchmark of both dong and US dollar which are increased by 0.54T.C and 0.5 - 0.72T.C. per year respectively. Source: Intellasia Business Brief Southern Commercial Joint Stock Bank (Southern Bank) Vietnam (July 15, 2008) 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 Home : Vietnam 500 : Research On Demand : About Us : Contact Us : Sign In : Site Map : What's New Copyrights © 2007, FinGlobe Inc., All Rights Reserved. Terms of Use | Privacy Policy