May 2: StoxPlus Morning Brief

02/05/2012

Macro Economy

· Vietnam lures $ 4.27Bln FDI In Jan-Apr: GSO
Vietnam is estimated to have attracted $4.27 billion foreign direct investment (FDI) fund in the first four months of this year, the general statistics Office (GSO) said on its latest release on April 25, 2012.

· Vietnam’s May CPI to Rise in Higher Level of April’s
Vietnam consumer price index (CPI) in May is foreseen to rise in higher level compared with that of April, the local news provider Gafin.vn reported, citing the domestic market regulation’s forecast.

· FDI Disbursements Top $3.6b In Four Months
Disbursement of foreign direct investment (FDI) hit US$3.61 billion in the first four months of this year, representing a modest decrease of 0.3 per cent against same period last year, according to Foreign Investment Agency statistics.

· Vietnam’s Industrial Production Index Edges Up by 4.3 % in 4M/ 2012
Vietnam’s industrial production index (IIP) rose by 4.3% on year in the Jan- April 2012, the statistics office said it is latest released on April 25, adding that this is the lowest increase level over the past five years.

· Vietnam Has Fast Expansion Rate in Bond Market in 2011: ADB reports
The latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor released on April 26 assesses that Vietnam has fast expansion rate in bond market in 2011.

· Vietnam State Treasury Transforms Financial Processes with the Oracle E-Business Suite 12.1
Today, Oracle announced the successful deployment of Oracle E-Business Suite Financials 12.1 at the Vietnam State Treasury (VST) to standardise VST’s internal financials in compliance with Vietnam’s and international accounting standards.

Market News

· Vietnam Treasury Sells 100% of Offered Government Bonds on Apr 26
The State Treasury of Vietnam sold VND7 trillion worth of government bonds or 100% of the offered value, at the yield of 10.35%-10.8% p.a. in an auction held on Apr 26, said the Hanoi Stock Exchange (HNX).

· Two-thirds Securities Companies to Go Bankrupt after Restructuring
Only 1/3 of the operational securities companies would survive after the restructuring process initiated by the State Securities Commission (SSC), which plans to set up stricter requirements on the companies.

Corporate Events

· NIS – Annual General Meeting 02/05/2012

· ADP – Cash Dividend 02/05/2012

· SGD – Treasury Stocks 02/05/2012

· HCC – Cash Dividend 02/05/2012

· HGM – Cash Dividend 02/05/2012

· CCM – Annual General Meeting 02/05/2012

· JVC – Annual General Meeting 02/05/2012

Corporate News

· DVP: Net Profit Rises 28% to VND44Bln in Q1/2012

· TBC: Net Profit Increases 207% to VND19Bln in Q1/2012

· HPG: Consolidated Net Profit Plunges 64% to VND200Bln in Q1/2012