Tiếng Việt
普通话
Macro economy
· Vietnam to Reduce Budget Deficit to Below 4.8% GDP In 2012: Finance Minister
The Ministry of Finance (MoF) efforts to increase budget collection and cut expenditures to reduce budget deficit to below 4.8% in 2012, the Minister Vuong Dinh Hue said.
· Experts Say Economy Vulnerable This Year
Economic experts have predicted Vietnam’s economic outlook this year will suffer from negative external factors and be more vulnerable in terms of macro and financial issues.
· Official Warns about Liquidity Shortage in 2012
Liquidity shortage of the banking system will remain the biggest challenge for Vietnam’s macro-economy in 2012, said Vice Chairman Le Xuan Nghia of the National Commission for Financial Supervision.
· About $1.5Bln Bonds to Mature in Q1/2011: Andy Ho
Over VND30 trillion or $1.5 billion worth of bonds will mature in the first quarter of this year, the local online newspaper Saigon Dau Tu quoted Andy Ho, Managing Director and Head of Investment Division of Vinacapital, as saying.
· Restructuring Vietnam Banking System May Last 5-10 Years: SBV Governor
It may take five to ten years to restructure the banking system with specific and appropriate moves within each period, the local online newspaper Dau Tu Chung Khoan quoted Nguyen Van Binh, Governor of the State Bank of Vietnam (SBV), as saying.
· Vietnam – PM Calls for Stronger Administrative Reform Effort
PM Nguyễn Tấn Dũng urged the Ministry of Home Affairs to accelerate the implementation of the Master Program on State administrative reform for the 2011 – 2020 period.
Market News
· Hanoi Stock Exchange Headquarters Inaugurated
A new headquarters of the Hanoi Stock Exchange was inaugurated in Hanoi on January 15 in the presence of National Assembly Chairman Nguyen Sinh Hung.
· It is Hard for Listed Firms to Issue Shares Under Face Value: FPTS’s Senior Official
It may not be feasible for Vietnamese listed companies to issue shares under par value, said Nguyen Thi Phuong Chi, FPT Securities Co’s deputy head of corporate finance consulting division.
· Vietnam Stocks: Minh Phu, Danang Rubber, Ben Tre Aquaproduct
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.
· Jan 16: Foreigners Net Sell on HOSE and Net Buy On HNX
Foreigners rebounded to be net sellers on HOSE and extended their positions of net buyers on HNX on Monday. Level of participation surged thanks to sell-off in VIC shares.
Corporate Events
· NOS – Cash Dividend 17/01/2012
· RDP – Annual General Meeting 17/01/2012
· RDP – Cash Dividend 17/01/2012
· VMD – Share Issue 17/01/2012
· VMD – Cash Dividend 17/01/2012
Corporate News
· SD9: Estimates VND70.5Bln Pretax Profit in 2011
· VCM: Makes VND9.4Bln Net Profit in 2011, Down 57%