January 18, 2012
Vietnam now has two stock exchanges, both of which are small Vietnam will only have one stock exchange instead of two as at present under the Finance Ministry’s plans to restructure the securities market in 2012. Under a new plan approved by the ministry last week, market reforms will focus on reorganizing the country’s stock exchanges and [...]
Tags: Chi minh, Chi minh city, exchange, exchanges, Has Two Stock, Has Two Stock Exchanges, Have One, Ho Chi, Ho Chi Minh, Ho Chi Minh City, market, Minh city, Now Has Two, Now Has Two Stock, One Stock, One Stock Exchange, securities, stock, Stock Exchange, Stock Exchanges, Two Stock, Two Stock Exchanges, Vietnam, Vietnam Now Has, Vietnam Now Has Two
Posted in Business | Comments Off
January 14, 2012
A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]
Tags: alliance, Alliance With Olympus, An Alliance With, An Alliance With Olympus, And Panasonic Are, billion, Business, Camera, Canon, capital, Chief, Chief Executive, comment, company, Declined, Digital Camera, electronics, Endoscope, Endoscope Technology, equity, Equity Firm, exchange, executive, Fujifilm, healthcare, Including, interested, invest, investment, Its Stock, Japan, Ldquo, management, medical, Medical Equipment, Olympus, optical, Optical Technology, Panasonic, partner, parts, percent, Person, Private, Private Equity, Private Equity Firm, Rdquo, remains, Reuters, Said Tpg, Samsung, Samsung Electronics, scandal, Sony Canon, stock, strategic, Taking Over, technology, The company, The exchange, The firm, The Matter, The Person, The Person Said, The Scandal, The Strategic, To Work With, Told Reuters, willing
Posted in International | Comments Off
January 14, 2012
Vietnam’s State Treasury raised VND1.88 trillion ($89.4 million) by selling government bonds in its first auction of the year, the Hanoi Stock Exchange said. The treasury sold the entire amount of VND1 trillion of three-year debt it offered at a yield of 12.10 percent, and raised VND880 billion via five-year debt at 12.15 percent, [...]
Tags: 10-percent, 12 10, Auction, billion, Bonds, exchange, Government, Government Bonds, Of Three Year, percent, raised, Selling Government, The exchange, The Exchange Said, The treasury, three-year, treasury, Treasury Raised, trillion, Vietnam, Year Debt
Posted in Business | Comments Off
December 20, 2011
The Ministry of Public Security’s economic crime department (C46B) on Monday confiscated US$500,000 and more than VND10 billion ($476,190) in an illegal foreign exchange trade busted last month in Ho Chi Minh City. In its report on Tuesday, Tuoi Tre quoted C46B as saying that the money will be submitted to the state budget, while [...]
Tags: 500 000, Bank Account, dollars, exchange, Exchange rate, Gold Shop, Hieu And Hue, illegal, Kim Mai, Kim Mai Gold, Kim Mai Gold Shop, Mai Gold, Mai Gold Shop, Minh Phuc, money, More Than Vnd10, More Than Vnd10 Billion, Sell The Dollars, Than Vnd10, Than Vnd10 Billion, That The Money, The Dollars, The Money, The Trade, To Sell The, To Sell The Dollars, To Send The, trade, Tuoi Tre, Vietnam, Vnd10 Billion
Posted in Social | Comments Off
December 19, 2011
Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]
Tags: Acquisition Spree, At The Congressional, At The Congressional Hearings, billion, brokerage, Brokerage Firm, Business, Chairman, Chicago, Chicago Exchange, Cme Group, comment, Congress, Congressional, Congressional Hearings, Corzine, Corzine And Duffy, Customer, Customer Accounts, Customer Funds, Declined, Democratic, Democratic Politics, Duffy, Duffy Ldquo, Duffy Says, exchange, father, federal, Felt Compelled, futures, Futures Trading, global, Goldman, Hastert, Hastert Says, He Has Also, Hearings, Helped, His Business, His Father, investors, Known Duffy, Last week, Ldquo, Leverage Ratios, losing, Lost Money, Matter, Matter Ldquo, Mf Global, Mf Global Was, money, New Jersey, No Idea, Of The Chicago, Of The Chicago Exchange, Of The Financial, Politics, public, Rdquo, Rdquo Corzine, Rdquo Duffy, Rdquo Duffy Said, smoking, Smoking Gun, Street, Terrence Duffy, The Brokerage, The Brokerage Firm, The Cftc, The Chicago, The Chicago Exchange, The Cme, The congressional, The Congressional Hearings, The exchange, The financial, The firm, The Hearings, The Matter, The Matter Ldquo, To Stave Off, Told Congress, trader, traders, trading, Wall Street, When Mf, Who lost, Who Lost Money, years
Posted in International | Comments Off
December 14, 2011
Vietnam's inflation is expected to slow to about 9 percent in 2012 and is under control, Prime Minister Nguyen Tan Dung told the Consultative Group. Vietnam may undermine progress toward economic stability if it loosens monetary policy now, the International Monetary Fund and World Bank said as the nation struggles with the fastest inflation in [...]
Tags: 14 Percent, 15 Percent, And World Bank, banking, Banking Sector, Bloomberg, Central bank, Commercial, Commercial joint, Commercial joint stock, Commercial joint stock bank, Consultative, Consultative Group, Control Prime, Control Prime Minister, Control Prime Minister Nguyen, Dong Depreciation, Dung Told The, Dung Told The Consultative, economic, Economic Stability, economy, exchange, financial, Financial Sector, Foreign, Foreign Exchange, Government, group, growth, In 2012 And, inflation, Inflation rate, interest, Interest rates, Is Under Control, Is Under Control Prime, joint, Joint stock, Joint stock bank, Kalra, Ldquo, lower, Minister nguyen, Minister Nguyen Tan, Minister Nguyen Tan Dung, monetary, nation, Nguyen Tan, Nguyen Tan Dung, Nguyen Tan Dung Told, percent, Percent This Year, policies, policy, Prime minister, Prime Minister Nguyen, Prime Minister Nguyen Tan, rates, Rdquo, Resolution 11, Said Vietnam, sector, stability, state, State bank, stock, Stock bank, Tan Dung, Tan Dung Told, Tan Dung Told The, The Banking, The Banking Sector, The central, The central bank, The Consultative, The Consultative Group, The Fastest, The government, The Government Said, The Imf, The Nation, The state, The state bank, The world, The World Bank, The World Bank Said, This year, Told The Consultative, Told The Consultative Group, trade, Trade deficit, Tuesday, Under Control, Under Control Prime, Under Control Prime Minister, Vietnam, world, World Bank, World Bank Said
Posted in Politics | Comments Off
November 5, 2011
Vietnam’s public debt will probably be higher than estimated, as the Ministry of Finance has missed including in its calculations several kinds of debt related to the government, lawmakers said at the National Assembly’s meeting on Friday. According to the National Assembly’s Finance and Budget Committee, their review showed that the country’s public debt will [...]
Tags: 63 Provinces, 63 Provinces And, 63 Provinces And Cities, And Budget Committee, assembly, billion, Budget, Budget Committee, cities, committee, Concerns, Debt Vietnam, Deputy Prime, Deputy Prime Minister, Develop Rdquo, estimated, Every year, exchange, Exchange Reserves, finance, Finance And Budget, Finance And Budget Committee, Foreign, Foreign Exchange, Foreign Exchange Reserves, Government, Growth rate, higher, Higher Than The, Including, investment, Lawmakers, Ldquo, loans, Meeting, Minister, ministry, National, National assembly, Of Public Debt, Overspending, Owned Companies, people, percent, Prime minister, projects, Provinces And Cities, public, Public Debt, Public Debt Vietnam, Public Debt Will, Public Investment, ratio, Rdquo, reserves, Safe Range, Said ldquo, Said Public, spending, State Owned Companies, State-owned, Thang, That This Year, The Committee, The Committee Said, The country, The government, The meeting, The Meeting That, The ministry, The national, The National Assembly, The Public, The Public Debt, This year, This Year Vietnam, Times Higher, Times Higher Than, trillion, Vietnam, While The Public, worth, Year Vietnam
Posted in Politics | Comments Off
October 29, 2011
A staff worker at a Masan Mart shop, which is owned by Masan Group. Masan Group Corp., the food, banking and natural-resources company that’s the biggest stock in the Ho Chi Minh City Stock Exchange, said it’s considering listing shares abroad. Masan may sell shares by issuing new stock, depositary receipts, convertible bonds or securities [...]
Tags: abroad, According, Annual Report, Asset Manager, At The End, based, Chi minh, Chi minh city, Chi Minh City Based, City Based, company, Considering Listing, Considering Listing Shares, Considering Listing Shares Abroad, Depositary Receipts, exchange, group, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Hong kong, In June That, It Would Help, joint, Joint stock, Ldquo, listing, Listing Shares, Listing Shares Abroad, markets, Masan, Masan Group, Minh city, Minh City Based, percent, Percent Stake, Property Company, Property Company Said, Rdquo, shares, Shares Abroad, Singapore, stake, stock, Stock Co, Stock Exchange, The company, The Ho, Vietnam, Vietnamese
Posted in Business | Comments Off
October 25, 2011
Vietnam’s State Securities Commission is working on a plan to merge the nation’s two stock exchanges, according to Tran Dac Sinh, chief executive officer of the Ho Chi Minh City Stock Exchange, the main bourse. The Southeast Asian nation should follow regional neighbors and have only one stock exchange, Sinh said in a telephone [...]
Tags: bourse, Chi minh, Chi minh city, exchange, exchanges, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Main Bourse, Minh city, percent, stock, Stock Exchange, Stock Exchanges, The Ho, The Main, The Main Bourse, Two Stock, Two Stock Exchanges
Posted in Business | Comments Off
October 16, 2011
The central bank aims to keep the exchange rate stable until the end of the year. Vietnam’s central bank said it had sold a “reasonable” amount of dollars to stabilize the local market in the third quarter after a gold frenzy fueled dollar hoarding. The “timely” response helped ease the pressure on the exchange rate, [...]
Tags: Central, Central bank, Central Bank Said, exchange, Exchange rate, market, Of The Year, percent, Report:, Stable Until The, Stable Until The End, The central, The central bank, The exchange, The Exchange Rate, The report, The Report Said, The year, To Keep The, Until The End, Vietnam
Posted in Business | Comments Off
TPG willing to invest $1 billion in Olympus
A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]
Tags: alliance, Alliance With Olympus, An Alliance With, An Alliance With Olympus, And Panasonic Are, billion, Business, Camera, Canon, capital, Chief, Chief Executive, comment, company, Declined, Digital Camera, electronics, Endoscope, Endoscope Technology, equity, Equity Firm, exchange, executive, Fujifilm, healthcare, Including, interested, invest, investment, Its Stock, Japan, Ldquo, management, medical, Medical Equipment, Olympus, optical, Optical Technology, Panasonic, partner, parts, percent, Person, Private, Private Equity, Private Equity Firm, Rdquo, remains, Reuters, Said Tpg, Samsung, Samsung Electronics, scandal, Sony Canon, stock, strategic, Taking Over, technology, The company, The exchange, The firm, The Matter, The Person, The Person Said, The Scandal, The Strategic, To Work With, Told Reuters, willing
Posted in International | Comments Off