Macro Economy
- Credit institutions May Have to Set Aside Provision for Their Interbank Deposits
The State Bank of Vietnam (SBV) is seeking opinions for a draft circular which stipulates that commercial banks must set aside risk provisions for their deposits at other credit institutions or branches of foreign banks, except for demand deposits.
- Steel Prices May Increase From May :VSA
Steel prices may rise by VND100,000-300,000/ton from May 2012 due to high input prices and possibility that the government will cut interest rate, ease credit for the real-estate sector, the local news provider mms.com.vn reported.
- Vietnam’s Seafood Export Reaches $1.3Bln In Q1/2012
Vietnam is estimated to have earned a total of $1.3 billion from seafood export in the Q1/2012, making a year on year rise of 15.1%, the General Department of Customs said on its latest report today.
- Vietnam Exports 1.3Mln Tons of Rice In Jan-March
Vietnam is estimated to have shipped 1.3 million tons of rice for $644 million in the first three months of this year, making year on year falls of 32% in volume and 33.4% in value, the General Department of Customs said on its website today.
- Interest Rate for 28-day Treasury Bills Slips to 9.5% p.a.
Interest rate on 28-day Treasury bills dropped 2% to 9.5% per annum on April 14, versus 11.5% as of mid-March, the local newswire NDHMoney.vn reported, citing Reuters’ data.
- Credit Institutions with Bad Debt Ratio of At Least 10% for 3 Months to Be Restricted to Increase Credits
Credit institutions and branches of foreign banks will be restricted to expand credits if their bad debts account for at least 10% of total loans for three consecutive months.
Market News
- Vietnam Stocks and Commodities Fuel ETFs
ETFs tracking Vietnamese equities and soft commodities were the top performers last week.
- Stocks Are Improving Their Competitive Edge
What happened to Vietnam’s stock market between April 4 and 10.
- Vietnam Stocks: Ben Thanh Rubber, Mekong Fisheries, Tay Ninh
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 18: Foreigners Net Sell on HOSE, Net Buy on HNX, STB Focus
April 18: Foreigners Net Sell on HOSE, Net Buy on HNX, STB Focus
- Corporate Events
DIG – Annual General Meeting 19/04/2012
· KDH – Annual General Meeting 19/04/2012
· VFC – Annual General Meeting 19/04/2012
· DST – Annual General Meeting 19/04/2012
· BCE – Annual General Meeting 19/04/2012
· HVG – Annual General Meeting 19/04/2012
· HAG – Annual General Meeting 19/04/2012
· PLC – Annual General Meeting 19/04/2012
· CTD – Cash Dividend 19/04/2012
· CTD – Annual General Meeting 19/04/2012
· LO5 – Annual General Meeting 19/04/2012
· CJC – Annual General Meeting 19/04/2012
· AMV – Annual General Meeting 19/04/2012
· VC6 – Cash Dividend 19/04/2012
· VC9 – Cash Dividend 19/04/2012
Corporate News
- ACL: Targets VND50Bln Pre-tax Profit in 2012
- CCL: Aims VND28Bln Net Profit in 2012
- SVS: Announces 2012 AGM Resolution
- TAG: Announces 2012 AGM Resolution
- TET: Announces 2012 AGM Resolution
- THB: Announces 2012 AGM Resolution
- TSB: Announces 2012 AGM Resolution
- S74: Announces 2012 AGM Resolution
- SAP: Announces 2012 AGM Resolution
- SD8: Announces 2012 AGM Resolution
- SDT: Announces 2012 AGM Resolution
- TRC: Targets VND304.4Bln Profit in 2012
- SAV: Targets VND14Bln Net Profit in 2012
- NIS: Targets VND3.5Bln Net Profit in 2012
- TSM: Announces 2012 AGM Resolution
- PJC: Announces 2012 AGM Resolution
- HBS: Posts VND51Mln Net Profit in Q1/2012, Down 83%
- VND: Swings to VND30Bln Net Profit in Q1/2012
- STP: Net Profit Falls 16% to VND4.4Bln in Q1/2012
- VDS: Swings to VND3.2Bln Net Profit in Q1/2012
- REE: Estimates VND333Bln Pre-tax Profit in Q1/2012, Meeting 46% Year Plan
- VNL: Aims VND28Bln Pre-tax Profit in 2012
- TDH: Targets VND60Bln Net Profit in 2012