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 [...]
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September 10, 2011
Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam’s second-biggest coffee exporter, said it received a VND1.07 trillion (US$51 million) takeover bid from Masan Group Corp. as it targets increased consumer spending. Masan Consumer Corp., a subsidiary of Masan Group and partly owned by KKR & Co., plans to buy 13.32 million Vinacafe shares [...]
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March 23, 2011
Vietnam's government aims to boost shipping volume at ports like Ho Chi Minh City more than 400 percent this decade Vietnam is pouring billions of dollars into building ports for the world’s largest container ships in a drive to draw export industries from China. The investment may propel the port complex near Ho Chi Minh [...]
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January 10, 2010
Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]
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January 7, 2010
Mekong Fisheries Joint-Stock Co. rallied the most among Vietnamese seafood shares on the Ho Chi Minh City Stock Exchange after the industry group forecast an increase in demand from the countryâs major export markets. Mekong Fisheries gained by daily limit of 5 percent to close at VND35,700, the highest since Nov. 25. Sao Ta Foods [...]
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January 2, 2010
Dang Thanh Tam, head of Saigon Investment Corp. (SGI), holds Vietnamâs largest stock investment portfolio in 2009. Real estate and natural resource investors hold Vietnamâs most valuable stock portfolios, with the countryâs top investor worth over US$700 million. Dang Thanh Tam, head of Saigon Investment Corp. (SGI), topped the list, leaving the second position to [...]
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December 31, 2009
Vietnamâs economy expanded at the fastest pace in more than a year in the fourth quarter as lending growth fueled construction and consumer sales. Gross domestic product grew 6.9 percent from a year earlier after a revised 6.04 percent gain in the third quarter, the General Statistics Office said in Hanoi Thursday. For 2009 overall, [...]
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December 16, 2009
International reinsurers CV Starr, AON, Chartis, Zurich and Allianz have jointly signed a US$1.5 billion contract in Ha Noi covering onshore projects . . . At the signing ceremony held last Friday, the PVI announced it had posted revenues totalling VND3 trillion ($162 million) so far this year, hitting a year-on-year increase of 33 per [...]
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December 14, 2009
LookAtVietnam – Producers of raw material like shrimp and rubber for processing industries will do well next year as will exporters on the rising dollar and higher prices. Makers of and traders in consumer goods and dollar debtors, meanwhile, will find the going tough, says the Dau Tu Chung Khoan newspaper, basing its report on several [...]
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December 13, 2009
Investors study companiesâ stock market performance in Ho Chi Minh City. Producers of raw material like shrimp and rubber for processing industries will do well next year as will exporters on the rising dollar and higher prices. Makers of and traders in consumer goods and dollar debtors, meanwhile, will find the going tough, says the [...]
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