August 31, 2011
The American International Group (AIG) building is seen in New York's financial district March 16, 2009. Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with [...]
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August 5, 2009
Most listed companies have submitted their finance reports for the first six months of 2009, but the majority of the reports have not been verified by audited firms as requested. The HCM City Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) have reported that 278 listed companies have announced their business results for the first [...]
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April 11, 2009
Following objections from many listed companies to a proposed quarterly audit, the securities regulator is drafting a circular making half-yearly audits compulsory. Nguyen The Tho, head of the State Securities Commissionâs Securities Issuance Department, said this at a meeting in Hanoi on Wednesday.The firms had protested saying quarterly audits cost too much time and money.Some [...]
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April 9, 2009
VietNamNet Bridge – The half-year finance reports by listed companies will be examined in order to ensure that the reports truly reflect the financial health of enterprises. The half-year finance reports by listed companies will be examined in order to ensure that the reports truly reflect the financial health of enterprisesThe Ministry of Finance (MOF) [...]
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March 28, 2009
Workers inspect fabrics at the Viettien Garment Company in Ho Chi Minh City. The economy expanded at the slowest pace on record in the first quarter, as overseas companies trimmed investment plans and manufacturing weakened, the government’s statistics office said. The economy grew 3.1 percent from a year earlier, the General Statistics Office said in [...]
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March 17, 2009
Many listed companies are in disagreement with a State Securities Commission requirement for compulsory quarterly audits, saying it is costly and may cause a delay in announcing audited results. In a note issued February 24, the stock market regulator – known as SSC – asked audit companies to complete quarterly audits before yearly audits and [...]
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March 17, 2009
Many listed companies are in disagreement with a State Securities Commission requirement for compulsory quarterly audits, saying it is costly and may cause a delay in announcing audited results. In a note issued February 24, the stock market regulator – known as SSC – asked audit companies to complete quarterly audits before yearly audits and [...]
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January 30, 2009
Ford Motor Company on Thursday reported a fourth quarter net loss of 5.9 billion U.S. dollars, compared with a loss of 2.8 billion dollars in the same period of 2007. Ford Motor Co. Chief Executive and President Alan Mulally (L), Executive Chairman Bill Ford (2nd L), President of the Americas Mark Fields and Group Vice [...]
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