December 31, 2009
LookAtVietnam – The global economic recession has slowed foreign direct investment (FDI). FDI in Vietnam for 2009 is equal to 30 percent of that in 2008. According to Thoi Bao Kinh Te Vietnam, the 10 biggest FDI investment projects in terms of registered capital in 2009 include six real estate projects, two projects in accommodation [...]
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December 23, 2009
LookAtVietnam – It is expected that some 10 banks will list on the bourse in the time to come. Western Joint Stock Bank on November 18 said that it had got the approval from the Governor of the State Bank of Vietnam to list shares at the HCM City Stock Exchange (HOSE). The bank said [...]
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December 17, 2009
LookAtVietnam – Prime Minister Nguyen Tan Dung has approved the scheme to turn the Army Telecom Company (Viettel) into an economic group with the parent company and its subsidiaries. The group will include wholly-state owned companies and the companies that are owned by both the state and private. Telecommunications and information technology will be the [...]
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August 5, 2009
VietNamNet Bridge – The HCM City Stock Exchange (HOSE) has completed procedures to bring 20 companies which have the chartered capital of less than 80 billion dong and are listing at HOSE to list at the Hanoi Stock Exchange (HNX). The State Securities Commission has sent a dispatch, requesting that listed enterprises which have the [...]
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May 7, 2009
Building the foundations for growth LookAtVietnam – Vietnamese authorities are in the process of finalising a draft law to amend several existing laws affecting investment and construction issues in Vietnam. The purpose of these proposed amendments are to improve investment conditions in Vietnam and to formulate policies that will help Vietnam survive the global economic [...]
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May 5, 2009
The hardest period for securities companies is not over, but they have gotten some good news of late. Tan Viet Securities Incorporated has announced it has completed the chartered capital increase from VND128bil to VND350bil Some securities companies have reportedly made profit, some others have reported successful deals with foreign investors. Meanwhile, a lot of [...]
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April 1, 2009
VietNamNet Bridge – SSC has decided that companies have to move to other bourses to list their shares if they don’t have enough capital. But no company wants to move from its familiar position. No company wants to move from its familiar position“It is not so easy to move to other markets. In many cases, [...]
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March 31, 2009
Commercial banks have started a new process of raising chartered capital after they successfully increased the capital to VND 1 trillion prior to December 31, 2008. The Decree No. 141 2006 stipulates that the legal capital commercial banks must have by December 31, 2010 is VND 3 trillion, which means that small banks do not [...]
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March 26, 2009
VietNamNet Bridge – By March 24, 2009, the HCM City Stock Exchange (HOSE) had 45 businesses with chartered capital of less than VND80 billion. Of these 45 enterprises, 23 have registered their plan to increase capital to be able to stay at HOSE, 19 have decided to shift to list on the Hanoi’s bourse, while [...]
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March 19, 2009
At shareholder meetings, a lot of commercial banks are discussing at their plans to look for foreign and domestic partners to serve their capital increase plan. Last year, the global financial crisis had heavy impacts on the operation of the banking system, leading many big financial institutions in the world to bankruptcy. This has delayed [...]
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