Posts Tagged ‘ dividend ’

Companies hasten dividend payout to beat tax

November 23, 2009
Companies hasten dividend payout to beat tax

LookAtVietnam – Listed companies are rushing to pay cash dividends and issue bonus shares, trying to beat a new income tax set for next year.  Local companies often distribute dividends to shareholders in the year following the investment, after they finish reporting business results. The process sometimes lasts until midyear.But this year many companies have [...]

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Companies hasten dividend payout to beat tax

November 22, 2009
Companies hasten dividend payout to beat tax

Listed companies are rushing to pay cash dividends and issue bonus shares, trying to beat a new income tax set for next year. Local companies often distribute dividends to shareholders in the year following the investment, after they finish reporting business results. The process sometimes lasts until midyear.But this year many companies have already announced [...]

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BUSINESS IN BRIEF 22/8

August 22, 2009
BUSINESS IN BRIEF 22/8

Tra, Basa fish farming and exports look rosy; Construction of Phu My Pipeline Coating Plant starts; Vietnam Post joins Eurorigo money payment network; Drug stocks set for robust growth on rising healthcare demand The construction of the Phu My Pipe Coating Plant commenced today in the Phu My I Industrial Park in Ba Ria – [...]

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Construction suppliers to pay big dividends; experts wary

August 21, 2009
Construction suppliers to pay big dividends; experts wary

Workers stack at a Viglacera Dong Trieu Joint Stock Co. plant. Construction materials producer Viglacera’s subsidiaries have announced high cash dividends after a healthy first-half but experts are concerned the high rates mean the firms can’t find profitable investments. Shareholders of Hanoi-listed Viglacera Dong Trieu Joint Stock Co. (DTC) are upbeat following the company’s announcement [...]

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Quang Nam poor lose all to credit scheme

August 17, 2009
Quang Nam poor lose all to credit scheme

Nguyen Thi Lanh, a rice farmer in the central province of Quang Nam, put five years of her savings into a hui scheme, hoping to buy a house somewhere other than in the middle of a field.  But early this month she was told that the hui operator Dinh Thi Xe had fled claiming that [...]

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Advanced dividend payment makes investors happy

July 24, 2009
Advanced dividend payment makes investors happy

A lot of listed companies have announced high dividend advances for 2009, which has encouraged investors in the context of the stock price falls. Not only have they increased the previously planned dividends for 2009, a lot of listed companies have decided to pay dividend advances to their shareholders. Vinamilk, for example, has drawn up [...]

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BUSINESS IN BRIEF 4/5

May 4, 2009
BUSINESS IN BRIEF 4/5

Telecom equipment, confectionery firms to pay big dividends; Indian authorities to open talk on antidumping textile fiber; UK retailer licenses Vietnamese dragon fruit supplier; US business delegation to visit Vietnam    Bao Thanh Co. has become the first Vietnamese company authorized by British retailer Tesco to supply dragon fruit for its 2,000 supermarkets around the globe. [...]

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Telecom equipment, confectionery firms to pay big dividends

May 2, 2009

Despite last year’s poor results and the continuing recession, telecom equipment manufacturer Vien Lien Joint Stock Co. and confectionery company Kinh Do Group have promised to pay high dividends this year. Vien Lien last year made a pretax profit of VND1.37 billion (US$77,031), or VND342 per share, an 84 percent fall from the previous year.The [...]

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Listed companies: Lower targets, higher salaries

April 17, 2009
Listed companies: Lower targets, higher salaries

One of the controversial issues in listed companies nowadays is that while the companies have set lower business targets for 2009, they are paying higher bonuses to boards of directors. The Saigon Commercial Joint Stock Bank (SCB) was one of the few banks which got high profit and paid high dividends in 2008 (12%). The [...]

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Banks maintain optimism

April 5, 2009
Banks maintain optimism

Not surprisingly, when it’s announced that there will be a bank shareholders’ meeting, most shareholders have something better to do at that time.   Dividends on bank shares have decreased or stopped and banks have to spend more to maintain their operations. However, this has not deterred many banks from presenting optimistic business plans for [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...