Macro Economy
- Ho Chi Minh’s February CPI Rises 1.32%: GSO
Ho Chi Minh City’s consumer price index (CPI) in February 2012 is estimated to have accelerated by 1.32% from January 2012, up 2.22% from December 2011 and 15.40% on year, the city’s General Statistics Office (GSO) said.
- Vietnam’s Economic Growth May Slow Down In 2012: HSBC
HSBC’s report on Vietnam’s economy that was released on 15 February 2012 has highlighted several crucial predictions.
- Hanoi: February Credit Growth +1.04%; Total Deposits + 1.03% M-o-M
Total outstanding loans of commercial banks in Hanoi are estimated at VND581.599 trillion in February, up 1.04% on-month, yet down 0.77%, according to statistics from the municipal Statistics Office.
- Vietnam Says No to Fuel Price Hike Despite Traders’ Loss of VND372-844/Litter
The Ministry of Finance and the Ministry of Industry and Trade (MoIT) requested the petroleum wholesalers to keep the domestic petroleum prices unchanged in line with the implementation of the Government’s Resolution No.01.
- Foreign Banks in Vietnam: Deposits Grow, Bad Debts Stay Low
Total deposits of foreign banks in Ho Chi Minh City were estimated to reach VND116.837 trillion by the end of last year, up 32.15% on year while their bad debts were recorded at only 1.14% of their total outstanding credits.
Market News
- Vietnam’s Tight Credit Policy Depresses Shares
Substantial gains on Friday helped mitigate the stock market’s overall downward trend last week, as well as give a boost to investor psychology heading into this week’s trading.
- Vietnam Stocks May Climb 25%, Manulife Says
Vietnam stocks, Asia’s worst performers in 2011, may climb 25 percent this year as lower interest rates bolster corporate earnings, according to Manulife Asset Management (Vietnam) Co.
- Vietnamese Stocks May Rally as Inflation Eases, Dragon Says
Vietnamese stocks, the second-best performers in Asia this year, are cheap and may rally in the next two quarters as slowing inflation prompts the central bank to cut interest rates, Dragon Capital Group Ltd. said.
- Market Likely to Extend Gains This Week
Securities enterprises have advised investors to increase buying as the market may continue rallying this week after it rebounded on improved sentiment and global markets over the weekend.
- Feb 21: Foreigners Net Buy On Both HOSE an HNX
Foreigners were net buyers on both HOSE and HNX on Tuesday. Level of participation climbed.
Corporate Events
· ABT – Annual General Meeting 22/02/2012
· CMC – Annual General Meeting 22/02/2012
· CSC – Annual General Meeting 22/02/2012
· DIG – Annual General Meeting 22/02/2012
· KHP – Annual General Meeting 22/02/2012
· HHC – Annual General Meeting 22/02/2012
· KHP – Annual General Meeting 22/02/2012
· NTL – Annual General Meeting 22/02/2012
· PVV – Annual General Meeting 22/02/2012
· PTB – Annual General Meeting 22/02/2012
· PHT – Annual General Meeting 22/02/2012
· SFN – Cash Dividend 22/02/2012
· SFN – Annual General Meeting 22/02/2012
· UDC – Annual General Meeting 22/02/2012
· TNA – Cash Dividend 22/02/2012
· TNA – Annual General Meeting 22/02/2012
· TVG – Annual General Meeting 22/02/2012
· VGS – Annual General Meeting 22/02/2012
· V12 – Annual General Meeting 22/02/2012
· VIR – Record date for ballot 22/02/2012
· VC9 – Annual General Meeting 22/02/2012
Corporate News
- AMV: Swings to VND205Mln Net Loss in Q4/2011
- BHC: Suffered VND16Bln Consolidated Net Loss in 2011
- BDB: Earns VND698Mln Net Profit in 2011
- BVG: Makes VND2.5Bln Net Profit in 2011
- CTG: Consolidated Net Profit Soars 82% to VND6Tln in 2011
- DBT: Makes VND10Bln Net Profit in 2011
- LIG: Makes VND34Bln Consolidated Net Profit in 2011
- MKV: Net Profit Jumps 9-fold in Q4/2011, Falls 92% in 2011
- NBP: 2011 Net Profit Falls 50% to VND36Bln
- NVC: Makes VND84Mln Net Profit in 2011
- S91: Targets VND10.5Bln Pretax Profit in 2012
- SQC: 2011 Net Profit Surges 9-Fold to VND81Bln
- TIG: Posts VND10Bln Consolidated Net Loss in 2011
- VMC: Makes VND10.5Bln Consolidated Net Profit in Q4/2011