Hochiminh Stock Exchange (STC) has in principle approved application of Western Commercial Joint Stock Bank to list 100 million shares on the southern bourse.
* Vietnam Dairy Production Joint Stock Co (coded VNM) has officially announced to issue shares to the company's employees basing on the business result in 2009.
* Chair of State Securities Commission (SSC) lately granted the certificate for offering shares to public No 510/UBCK-GCN to Hydraulic Construction Corp No 4 Joint Stock Co on February 4, 2010.
* Hochiminh Stock Exchange (STC) has recently announced receiving registration document from SPM Pharmaceutical Joint Stock Co to list 10 million shares on the southern bourse under the consultancy of Sacombank's Securities Joint Stock Co.
* Seafood Joint Stock Co No 1 (SJ1) recently announced to close the list of shareholders to pay 12 percent dividend in cash for the second phase of 2009 and organise annual shareholders' meeting on April 28, 2010.
* Seafood Joint Stock Corp No 4 (Hyco4-JSC) has recently announced to offer more shares to hike chartered capital and restructure the company's capital sources.
* Up to the end of 2009, Sacombank Securities Joint Stock Co (Sacombank SBS) has officially entered the list of top securities companies in Vietnam in terms of capital scale, total asset value, market shares and operation effectiveness.
* Radial tyres supplies are expected to exceed demand when the construction of radial tyre factories is finished and they officially start operation.
* Vietnam Cashew Association (Vinacas) has recently said that in 2010 Vietnam targets to reach 400,000 tonnes of cashew output worth $1.2 billion. Of which, the country's cashew export could bring $1 billion.
* PetroVietnam Transportation Joint Stock Corp (PVTrans-PVT), Emas Offshore Construction and Production Pte Ltd (EOCP), Ezra Holding Limited and KSI Production recently signed a cooperation agreement to jointly establish PVKEEZ Joint Venture Co for investment in conversion from crude carrier into FPSO vessel for Premier OilVietnam Offshore Co (POVO) at the block 12W in Chim Sao and Dua oil fields.
* Nathan Cumberlidge, head of Colliers International's Market Research and Valuation Department, said the Grade A office building projects to be completed in 2009 have had high vacancy rate; therefore the rental price in one of those projects reduced by 40 percent in comparison with that from the beginning of 2009.
* Hanoi Maritime Holding Co (coded MHC) and Saigon Maritime Holding Co (SHC) announced to suffer loss in Q4 of 2009.
* Till the end of 2009, State Capital Investment Corp (SCIC) offloaded the state capital in 315 enterprises with total book value of 680 billion dong, bringing real earning of 1.536 trillion dong.
* People Committee of the central province of Binh Thuan has recently granted investment licence for Hai An Joint Stock Co to invest in Hai An Resort & Spa.
* Gemadept Joint Stock Co (coded GMD) has recently finished adjusting the 2008 combined financial reports that may change the parent company's 2008 after tax profit from loss of 166.894 billion dong to profit of 31.807 billion dong, equal to the adjusted increase of 198.7 billion dong. This resulted in the company's fund of undistributed profit increased correspondingly.
* Sudico Construction Material Investment and Development Joint Stock Co (Sudico M) was established on February 3 under the decision issued by the management board of Song Da Urban & Industrial Zone Investment and Development Joint Stock Co (Sudico).
* PMU of Dung Quat economic zone in the central province of Quang Ngai on February 9 announced that the petrol underground depot in Dung Quat economic zone with a capacity of 600,000 cubic metres will be built within this year.
* Vietnam Technological and Commercial Joint Stock Bank (Techcombank) and Pacific Service Joint Stock Co (Transpacific) recently signed a contract whereby Techcombank will arrange capital for Transpacific's Nam Dan Plaza project.
* State Bank of Vietnam (SBV) on February 8 issued a Dispatch No 1054/NHNN-CSTT allowing Maritime Commercial Joint Stock Bank (Maritime Bank) to launch future contract transaction till June 30, 2010 and other corresponding specifications with foreign partners in accordance with international norm andVietnam's law.
* Bao Minh Joint Stock Co (coded BMI) announced gaining total revenue of 2.207 trillion dong, equal to 103.8 percent of the year plan; and pre-tax profit of 171 billion dong, an increase of 10.25 percent year-on-year.
* Far East Insurance Joint Stock Co (Vien Dong Insurance – VASS) planned to increase the chartered capital from 300 billion dong to 600 billion dong in the end of Q2. The company also announced to start listingshares on the domestic stock market.
(Intellasia)