Macro economy
- Vietnam December CPI Expected to Rise 0.5-0.6%
Vietnam consumer price index (CPI) is expected to accelerate 0.5-0.6% in December , the domestic market regulation commission forecasted, adding that the domestic price increase due to Noel, Solar New Year and Lunar New Year.
- FDI Capital Flow to Vietnam’s Real Estate Gets Stuck
FDI into the real estate sector has been decreasing recently. Meanwhile, it is now the time when real estate developers need foreign capital most, because domestic banks have tightened the lending to fund real estate projects.
- Vietnam Runs $6.6Bln Trade Deficit With ASEAN In 10M/2011
Vietnam was estimated to incur $6.6 billion trade deficit with the Association of Southeast Asian Nations (ASEAN) in Jan-October, the General Statistics Office (GSO) said.
- Vietnam Money Supply Growth +7.75% in Jan-Nov
The country’s broadest measure of total money supply, or M2 as of Nov 18, 2011 was estimated to edged up 7.75% from end-2010 and 0.25% on-month, the state-run online newspaper Chinhphu.vn reported.
- Investors Doubt Vietnamese Economy: Survey
The last quarter of the year has seen a significant fall in private equity investors’ confidence in the Vietnamese economy, a recent report by audit advisory Grant Thornton Vietnam said.
- MoF Proposes Tax Exemption Plans
Ministry of Finance (MoF) has presented the Government plans for cutting and exempting taxes for enterprises in 2012, Vu Thi Mai, deputy Minister cum the spokeswoman of MoF said in the Government’s November Regular Meeting on December 1.
- Vietnam Less Dependent On ODA: World Bank
Vietnam can now manage to raise enough capital to serve its economic development needs without depending on official development assistance, which now makes a small contribution to the economy, World Bank Country Director Victoria Kwakwa told.
- HCM Economy Likely to Grow 10.3% in 2011
Ho Chi Minh City (HCMC), the largest city of Vietnam, is likely to post 10.3% Gross Domestic Product (GDP) growth in 2011 or 1.7 times higher than the country’s average GPD growth.
- Vietnam Government Asks Central Bank to Consider Cutting Interest Rates
Vietnam government directed the State Bank of Vietnam to prepare a roadmap to lower interest rates further, said Vu Duc Dam, chairman of the government office in a briefing in Hanoi on Dec 1, the local online newspaper DVT.vn reported.
- Vietnam Central Bank Says No Policy to Lower Interest Rate Cap Now
The State Bank of Vietnam (SBV) on Dec 1 officially announced that the agency currently had no policy to reduce the deposit interest rate cap, the local newswire NDHMoney reported.
- Vietnam Banks Record NPLs at $4Bln
According to the State Bank of Vietnam’s report, non-performing loans (NPLs) of the whole banking sector as at June, 2011 were estimated at $4 billion.
Market News
- Weekly: Vinh Son-Song Hinh Hydropower Hits Thirty-Three-Week High On Firm Volume
Vinh Son-Song Hinh Hydropower (VSH.VN), Vietnam’s 2nd largest Energy company by market capitalization, traded at its high of VND11,100.0.
- Dec 02: Foreigners Net Sell On Both HOSE And HNX
Foreigners extended their position of net sellers on both HOSE and HNX on Friday. Level of participation increased.
Corporate Events
· DLG – additional listing 05/12/2011
· EVE – Treasury Stocks 05/12/2011
· ITD – Listing Suspension 05/12/2011
· NVB – Cash Dividend 05/12/2011
· NVB – additional listing 05/12/2011
· PFL – Record date for ballot 05/12/2011
· PJS – New listing 05/12/2011
· VNR – Cash Dividend 05/12/2011
· VSI – additional listing 05/12/2011
Corporate News
- ACL: to Hold EGM in December
- DIG: GSM Not Approve 2011 Business Target Change
- DTC: to Raise Charter Capital to VND40Bln
- HBB: Consolidated Net Profit Falls 19% to VND303Bln in Jan-Sep
- HHC: Estimates VND27Bln Pretax Profit in 2011
- IDV: Targets VND14Bln Net Profit in 2012
- PVI: Buys 2,657,800 Treasury Shares
- SHN: to Sell all 830,000 Treasury Shares
- S91: Sets up Branch in Dak Nong
- TTF: Discloses Forest-Planting Joint-venture
Tiếng Việt
普通话



