Macro Economy
April CPI Likely to Edge Up: MOF Report
Market price report by the Ministry of Finance showed that average price level in April is likely to edge up on month.
Citibank Cuts Vietnam GDP Growth Forecast to 5.2% in 2014
Citibank has cut Vietnam’s 2014 economic growth forecast to 5.2% from previous 5.4%
Global Institutions Forecast Vietnam GDP to Rise Over 5% in 2013
Global institutions have just released their forecast on Vietnam GDP in 2013, all see the country economy to expand more than 5% this year
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Dong/Dollar Exchange Rates to Rise by Maximum 2% in 2013, C.Bank Governor Says |
The domestic currency, the dong, would lose at maximum 2% of its value against the dollar, the Banking Times quoted Governor of the State Bank of Vietnam (SBV), Nguyen Van Binh, as saying.
Vietnam Considers Lowering VAT to Bring Businesses up
The Ministry of Finance is drafting the amended VAT law to be submitted to the National Assembly for ratification in the upcoming National Assembly’s 5th session
Government-Guaranteed Bond Good for Vinashin Restructure: Economist
Guaranteeing a new zero-coupon bond issue to repay the defaulted US$600 million loan by state-owned shipbuilder Vinashin is the best way to support the firm’s restructure.
Vietnam Has 580 Tons of Sugar Inventory As of Mid-April: VSSA
Vietnam saw 580 tons of sugar in inventory in April, up 100 tons from previous month, said Vietnam Sugarcane and Sugar Association (VSSA).
Vietnam Government Will Issue Charter of SCIC, Vietnam Airlines, Vinalines
The Ministry of Planning and Investment (MoPI) has released a draft Circular on issuing sample charter for 100% state owned corporations and enterprises to create an uniform framework for all.
Textile Exports Sharply Rise in New Markets
A sharp rise in Vietnam’s textile exports to foreign markets that are not traditional importers was recorded in the first quarter by the General Department of Customs.
Made-in-Vietnam Goods Favoured in Myanmar
Vietnamese goods of different kinds are now on sale in many markets and supermarkets in Myanmar.
Tech-Savvy Vietnam Coffee Farmers Brew Global Takeover
Most Vietnamese coffee farmers have never heard of a double tall skinny latte, but they could tell you the price of the beans that go into one in their sleep.
Vietnam Leads Global Textile & Apparel Export Growth
Vietnam has achieved a 32 percent rise in textile and apparel exports during 2005-11, which is the highest in the sector for any country, a recent survey shows.
Market News
April 18: Vietnam Stocks Fall Further As Traders Exit Ahead of Holiday
Vietnamese stocks fell sharply today as investors exited before 3 days off to minimize risks.
April 18: UPCoM-Index Bucks Trend to Close Higher
The UPCoM-Index, the measure of 135 unlisted public companies ended higher today.
April 18: Foreigners Net Sell on HSX, Buy on HNX
Foreigners were net sellers of Vietnamese shares on the Hochiminh Stock Exchange but kept buying on the Hanoi Stock Exchange today.
The Hanoi Stock Exchange has announced that SHS, FLC will replace PVI, PV2 in HNX30 components from May 1, 2013.
Vietnam Central Bank Sells 39,800 Gold Taels on Apr 18
The State Bank of Vietnam (SBV) sold 39,800 taels of gold bars out of 40,000 taels offered in an auction held this morning [Apr 18] at the prices slightly higher than in the previous auction, the local newswire TTVN.vn reported.
Corporate Events
GSP - Annual General Meeting - Industrial Machinery and In...
Corporate News
BVS: Explains Net Profit Blooms to VND34.6Bln Net Profit in Q1/2013, Up 232% YoY
HVX: Targets VND653Bln Revenue in 2013
DRL: Targets VND59Bln Pre-tax Profit in 2013
KLS: Explains Net Profit Decrease by 18% YoY to VND51Bln in Q1/2013
KHP: Targets VND75Bln Pre-tax Profit in 2013
STP: Holding Firm Explains Net Profit Fall by 68%YoY to VND1.4Bln in Q1/2013
H1: Targets VND13Bln Net Profit in 2013
ITC: Targets VND10Bln Profit in 2013
C92: Targets VND6.5Bln Net Profit in 2013
DNM: Targets VND15Bln Net Profit in 2013