Apr 18: StoxPlus Morning Brief

18/04/2012

Macro Economy

Vietnam Runs $224Mln Trade Surplus in Q1/2012: Customs
Vietnam is estimated to have run $224 million trade surplus in the Q1/2012, the General Department of Vietnam Customs said.

Vietnam Q1 Credit Growth -1.96%; Deposits +1.39%
Total outstanding loans of the whole banking system as of March 26, 2012 were estimated to decline by 1.96% from end-2011 while total deposits rose by 1.39% from late last year, the State Bank of Vietnam (SBV) said on a statement released Tuesday.

MoPI Proposes 7 Prioritized Sectors in Vietnam’s Economy Restructure
Metallurgical, petrochemical, shipbuilding – transportation, electronics, green industry – renewable energy, freight forward services (logistics) and tourism are seven proposed priority sectors in the medium and long-terms in Vietnam’s economy restructure.

Banks Find It Hard to Promote Lending Despite Abundant Liquidity
Local commercial banks find it hard to expand lending despite abundant liquidity as high lending interest rates discourage borrowers, said Trinh Van Tuan, CEO of Orient Commercial Bank (OCB).

VN is World’s Biggest Woodchip Exporter in 2011
Vietnam has become the world’s largest woodchip exporter with 5.4 million tons exported in 2011, up 5 million tons compared to the humble start in 2001, according to Vietnam Pulp and Paper Association (VPPA).

Market News

Vietnam Stocks: PetroVietnam Drilling, Refrigeration Electrical
Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 2:15 p.m. close in Ho Chi Minh City.

April 17: Foreigners Continue Net Buying On Both HOSE and HNX
Foreigners extended their position of net buyers on both HOSE and HNX on Tuesday. Level of participation significantly increased.

Corporate Events

· OCH – Annual General Meeting 18/04/2012

· DAE – Annual General Meeting 18/04/2012

· PSL – Annual General Meeting 18/04/2012

· KSA – Annual General Meeting 18/04/2012

· VTO – Annual General Meeting 18/04/2012

· BCC – Annual General Meeting 18/04/2012

· CTD – additional listing 18/04/2012

· SCD – Cash Dividend 18/04/2012

· HPT – Annual General Meeting 18/04/2012

· DIH – Cash Dividend 18/04/2012

· HHS – Annual General Meeting 18/04/2012

· RCL – Annual General Meeting 18/04/2012

· APP – Annual General Meeting 18/04/2012

· PTP – Annual General Meeting 18/04/2012

· NDC – Annual General Meeting 18/04/2012

· TVG – Cash Dividend 18/04/2012

· APG – Annual General Meeting 18/04/2012

· KSA – Annual General Meeting 18/04/2012

· OCH – Annual General Meeting 18/04/2012

· SCD – Annual General Meeting 18/04/2012

· SSC – Treasury Stocks 18/04/2012

· HCM – additional listing 18/04/2012

· HUT – Annual General Meeting 18/04/2012

· PPC – Annual General Meeting 18/04/2012

· SHV – Annual General Meeting 18/04/2012

· STB – Record date for ballot 18/04/2012

· STB – Annual General Meeting 18/04/2012

· TDW – Annual General Meeting 18/04/2012

· STS – Annual General Meeting 18/04/2012

· VCA – Cash Dividend 18/04/2012

· GGG – Annual General Meeting 18/04/2012

· VQC – Cash Dividend 18/04/2012

· TNC – Cash Dividend 18/04/2012

· HAX – Annual General Meeting 18/04/2012

· DNP – Annual General Meeting 18/04/2012

· INN – Cash Dividend 18/04/2012

· TCS – Cash Dividend 18/04/2012

Corporate News