Nov 6: StoxPlus Morning Brief

16/11/2011

Macro economy

· Vietnam October Trade Deficit Falls 50% MoM to 0.75Bln: General Department of Vietnam Customs
Vietnam was estimated to incur a trade deficit of $0.75 billion in October, down 50% on-month, down 33% on year, the General Department of Vietnam Customs said.

· Investors Eye Vietnam As Rest Of Asia Loses Sheen
With labour costs soaring in China and Japan and Thailand suffering from natural disasters, Vietnam is likely to see investments flow in from these countries, newswire Dan Tri reported.

· Prime Minister Requests To Publish State-owned Corporations’ Financial Situation
The Prime Minister has requested the Ministry of Finance to publicize the Government’s report on financial situation of state-own corporations.

· Vietnam Gold Traders Association Suggests Amendment to Gold Draft Decree
Vietnam Gold Traders Association (VGTA) sent its suggestions to the State Bank of Vietnam, addressing several infeasible items in the draft decree on gold trading management.

· Vietnam Finance Ministry Announces 3 Principles in Swapping Bonds
Ministry of Finance issued Circular No. 150/2011/TT-BTC on Nov 9, specifying three principles in bonds swapping procedures.

Market News

· NOV 15: Foreigners Continues Net Buying on Both HOSE and HNX
Foreigners remained to be net buyers on both HOSE and HNX bourses today, level of participation slightly fell.

Corporate Events

· CMG – additional listing 16/11/2011

· HAP – additional listing 16/11/2011

· SMC – Share Issue 16/11/2011

· STB – Treasury Stocks 16/11/2011

· UDC – Record date for ballot 16/11/2011

· VCR – Record date for ballot 16/11/2011

· VCV – Record date for ballot 16/11/2011

Corporate News

· AVF: Posts VND53Bln Net Profit in 9M/2011, Meeting 32% Year Plan

· BCI: Consolidated Net Profit Plunges 70% to VND52Bln in 9M/2011

· CTG: 9M/2011 Consolidated Pre-tax Profit Surpasses 17% Full Year Target