Feb 24: StoxPlus Morning Brief

Macro Economy

• Vietnam FDI Disbursement Reaches $1Bln In Jan-Feb 20th, 2012
  Vietnam is estimated to have disbursed a total of $1 billion foreign direct investment (FDI) in Jan- Feb 20th, 2012, decreasing 9% on year, the General Statistics Office said.

• Viet Nam Runs $800Mln Trade Deficit In Feb 2012
  Vietnam is estimated to run a trade deficit of $800 million in February 2012, making an year on year decrease by 33%, the General Statistics Office (GSO) said.

• FDI Statistical Error Could Be Up To 10 Billion Dollars
  The information that there could be a big statistical error in calculating the foreign direct investment (FDI) has produced a stir. If the information is true, the figure would be very big of up to 10 billion dollars.

• Vietnam To Float Prices Of Major Staples Next Year
  Vietnam will regulate prices of electricity, coal and petroleum in accordance with market fluctuations beginning in 2013, said Vuong Dinh Hue, Minister of Finance.

• Vietnam Dong to Fall 3% in 2012: E&Y
  Vietnam will still continue to face macroeconomic instability this year while Vietnam dong will fall 3% against the U.S. dollar, said Lou Pagnutti, Asia-Pacific Area Managing Partner of Ernst & Young.

Market News

• Vietnam Equities: Attractive But Tricky
  Like other frontier stock markets that took a beating in recent years such as Egypt and Hungary, Vietnam has rallied this year, up more than 25 per cent since early January.

• HOSE Guides Afternoon Stock Trading Session
  The Hochiminh Stock Exchange (HOSE) on Tuesday announced an extension of the trading duration until the afternoon from March 5.

• Vietnam Stock Movers: An Phu, Dam Sen Water Park, VietinBank
  Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close in Ho Chi Minh City.

• Feb 23: Foreigners Net Buy On Both HOSE an HNX
  Foreigners extended their position of net buyers on both HOSE and HNX on Thursday. Level of participation climbed.

Corporate Events

·         CTN – Annual General Meeting 24/02/2012

• CTS – Annual General Meeting 24/02/2012

·         DXG – Annual General Meeting 24/02/2012

·         DBC – Annual General Meeting 24/02/2012

·         FDG – Cash Dividend 24/02/2012

·         FDG – Annual General Meeting 24/02/2012

·         KHP – Annual General Meeting 24/02/2012

·         PVV – Annual General Meeting 24/02/2012

·         STU – additional listing 24/02/2012

·         TCL – Cash Dividend 24/02/2012

·         TCL – Annual General Meeting 24/02/2012

·         TV4 – Annual General Meeting 24/02/2012

·         UIC – Annual General Meeting 24/02/2012

·         VCB – Cash Dividend 24/02/2012

·         VCB – Annual General Meeting 24/02/2012

Corporate News

• AAA: Consolidated Net Profit Falls 27% to VND66Bln in 2011


• BVH: Consolidated Net Profit Soars 133% to VND476Bln in Q4/2011


• FDG: Consolidated Net Profit Reaches VND4Bln in Q4/2011


• HSG: Consolidated Net profit Soars 230% to VND99Bln in Q1/2011-2012


• HDO: Consolidated Net Profit Stable at VND11Bln in 2011


• PPG: Reports VND1.7Bln Consolidated Net Profit in 2011


• PHC: Consolidated Net Profit Tumbles 61% to VND11Bln in 2011


• PSG: Suffers VND1Bln Consolidated Net Loss in 2011 


• SDT: 2011 Consolidated Net Profit Reaches VND112Bln


• SDP: 2011 Consolidated Net Profit Falls 49% to VND6Bln


• SJE: Makes VND26Bln Consolidated Net Profit in 2011


• SHB: 2011 Consolidated Net Profit Rises 52% to VND753Bln 


• SD9: 2011 Consolidated Net Profit Falls 24% to VND73Bln 


• THV: Swings to VND266Bln Consolidated Net Loss in 2011