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Posts Tagged ‘closes’

VN-Index closes week in low note

In Uncategorized on January 8, 2011 at 4:29 am

Vietnam’s benchmark VN-Index dropped for the third day on December 24 due to bad news and a lack of support from foreign investors as they stopped trading for the holidays.

Standard & Poor’s downgraded credit rating of Vietnam and some credit institutions in the country. Besides, the Vinashin’s debt of US$60 million had not been resolved.


The measure of 274 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange declined 0.56 percent, or 2.65 points, to close at 472.76 points.


On the index, 89 stocks raised, 120 fell, while 71 were unchanged.


Trading volume significantly reduced over the previous trading session. Around 55.81 million shares changed hands at a value of VND1.35 trillion.


Investment and Trading of Real Estate Joint Stock Company (ITC) topped the list of most active shares in volume with 2.55 million shares.


It was followed by Tan Tao Investment Industry Corporation (ITA) with 2.28 million shares traded.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) tagged along with 2.2 million shares.


Petroleum Industrial & Civil Construction Joint Stock Company (PXI) marched south for three straight trading sessions, slumping 11.18 percent to VND15,100. The company will pay dividends to its current shareholders at a ratio of 16 percent on January 10, 2011.


Sieu Thanh Joint Stock Corporation (ST8) shrank 5 percent to trade at VND22,800.


Imexpharm Pharmaceutical Joint Stock Company (IMP) contracted 4.8 percent to VND59,500.


Ben Tre Aquaproduct Import and Export Joint Stock Company (ABT) and Cadovimex Seafood Import-Export and Processing Joint Stock Company (CAD) both accelerated 5 percent to VND42,000, and VND8,400 respectively.


Long Hau Corporation (LHG) climbed the second day, escalating 4.95 percent to VND42,400.


House Viet Nam Joint Stock Company (NVN) strengthened 4.93 percent to VND21,300.


The smaller bourse in the north also wrapped week in red as the Hanoi’s HNX-Index tripped 0.03 percent, or 0.03 points, to close at 111.19 points. Trading volume sank by 24 percent in volume and 30 percent in value over the previous day as 30.9 million shares worth VND592.8 billion were traded.


Meanwhile, the UPCom-Index slightly reversed 0.09 points to 41.16 points this morning. A total of 150,000 shares changed hands at a value of VND1.9 billion as of 11:15 am local time.

Source: SGGP

17th World Festival of Youth and Students closes

In Uncategorized on December 24, 2010 at 4:21 am




17th World Festival of Youth and Students closes


QĐND – Wednesday, December 22, 2010, 20:28 (GMT+7)

A Vietnamese delegation led by Vo Van Thuong, First Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union, has actively contributed to the success of the 17th World Festival of Youth and Students (WFYS) which closed in South Africa on December 21.


It highlighted Vietnam’s efforts to promote the world youth and students movement for peace, national independence, democracy and social progress.


At the festival, the Vietnamese delegation held 39 bilateral meetings with leaders from youth organizations of many countries and delivered reports at 80 seminars, conferences and international solidarity forums.


One of the reports that drew loud applause from leaders of WFYS 17, is related to the international tribunal against the imperialist use of Agent Orange during the war in Vietnam and its severe and long-lasting consequences on civilians.


In his closing speech, the President of the African National Congress Youth League (ANCYL) Julius Malema emphasised the success of the WFYS 17 as part of the struggle to defeat imperialism for a world of peace, solidarity and social transformation.


Mr Melema said that the festival brought into play the active role of young generations in fighting imperialism and strengthening solidarity and friendship among the progressive youths in the world. He also voiced support for the Cuban people, peace on the Korean peninsula and peace for Zimbabwe and other African nations.


He called for co-ordinated efforts in the struggle against imperialism for a world of peace without nuclear weapons and an international system based on social justice, national sovereignty, independence, freedom, security, solidarity and international cooperation.


He spoke highly of the Vietnamese people’s victories in the past struggle against US imperialists and their socio-economic achievements in the current process of socialist construction, considering them as valuable lessons for progressive and revolutionary forces in the world.

Source: VOV


Source: QDND

VN-Index closes month in bullish sentiment

In Uncategorized on October 29, 2010 at 8:09 am

Movements of VN-Index on October 29. (Photo: vietstock.vn)Vietnam’s benchmark VN-Index finished in green on October 29 as new regulations which tighten gold borrowing and lending activities positively affected investor confidence.

The shares of 266 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange emerged 0.57 percent, or 2.56 points, to 452.63 points.


Trading volume significantly improved over the previous session. Around 33.4 million shares changed hands at a value of more than VND1trillion.


Of the index, 124 stocks gained, 81 retreated, while 66 remained unchanged.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) stayed on the position of most active share by volume the third day with 2.11 million shares changing hands.


PetroVietnam Fertilizer and Chemicals Corporation (DPM) came next with more than 1 million shares traded, followed by Ocean Group Joint Stock Company (OGC) with 837,150 shares.


Lix Detergent Joint Stock Company (LIX) rebounded from a previous loss of 4.76 percent, jumping the daily maximum allowed limit of 5 percent to VND63,000.


Vietnam Golf Tourism Joint Stock Company (VNG) climbed 4.93 percent to VND14,900.


National Seed Joint Stock Company (NSC) went up 4.65 percent to trade at VND36,000 from VND34,400 the previous day.


Construction company Cotec Investment and Land-house Development Joint Stock Company (CLG) ripped 4.97 percent to VND32,500.


Hoang Quan Consulting – Trading – Service Real Estate Corporation (HQC) plunged for three consecutive days, sinking 4.89 percent to VND29,200.


Cu Chi Commercial And Industrial Developing Investment Joint Stock Company (CCI) pared 4.8 percent to VND21,800.


Meanwhile, the smaller on the north also performed well as the Hanoi’s HNX-Index shot up 1.35 points, or 1.21 percent, to 112.86. Trading volume remained low as just 17.5 million shares worth VND350.56 billion changed hands.

Source: SGGP

Market closes down for third day

In Uncategorized on October 19, 2010 at 4:24 pm

Movements of VN-Index on October 19. (Photo: vietstock.vn)The Vietnam’s benchmark VN-Index, a measure of 263 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange, sharply fell on October 19 as investors dumped shares to avert risk.

The index finished at 454.25 points, losing 0.73 percent, or 3.34 points.


Trading volume on the city bourse improved, surpassing 31 million shares for the first time since October 8 as investors increased buying at low prices. Around 33.5 million shares traded at VND884.7 billion.


Among the index members, 33 advanced, 191 dropped, and 44 remained unchanged.


Ocean Group Joint Stock Company (OGC) was the most active stock in volume with more than 1.63 million shares changing hands.


Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) came next with around 1.36 million shares traded at VND20,000, followed by Saigon Thuong Tin Commercial Bank or Sacombank (STB) with 1.21 million shares. The company’s shares lost 0.63 percent today.


Seafood Joint Stock Company No4 (TS4) which collapsed the daily maximum allowed limit of 5 percent to VND22,800 was the biggest loser on southern market.


Rangdong Light Source and Vacuum Flask Joint Stock Company (RAL) gave up 4.98 percent to trade at VND21,000.


From October 19 to December 19, Ngo Ngoc Thanh, chairman of Rangdong Light Source and Vacuum Flask Joint Stock Company (RAL), registered to buy 7,000 shares, raising his holdings to 37,739 shares, to increase ownership ratio.


Phuong Nam Cultural Joint Stock Corporation (PNC) subtracted 4.95 percent to settle at VND9,600.


The list of winners included DESCON Construction Corporation (DCC), Transforwarding Warehousing Joint Stock Corporation (TMS), and Lilama 10 Joint Stock Company (L10).


On this trading session, Saigon Machinco (SMA) listed 8.06 million shares for the first time on the city bourse. The company finished at VND15,000 per share with a total trading volume of 3,210 shares.


The Hanoi’s HNX-Index declined 2.33 points, or 1.96 percent, to close at 116.56 points. Trading volume increased by 60 percent over the previous trading session as around 27.8 million shares changed hands at a value VND587.5 billion.


The UPCoM-Index slid 0.28 points to 42.99 points as of 11:15 am local time. A total of 0.33 million shares were traded at VND4.87 billion.

Source: SGGP

VN-Index closes week in red

In Uncategorized on October 15, 2010 at 10:27 am

Movements of VN-Index on October 15. (Photo: vietstock.vn)VN-Index, which tracks 262 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange, slightly declined on October 15 as stocks remained unattractive to investors.

The benchmark dipped 0.06 percent, or 0.27 points, to wrap week at 458.39 points.


Trading volume on the city bourse was just around 25.25 million shares worth VND704.8 billion.


There were 66 gainers, 149 losers, while 52 stocks remained unmoved.


Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) led the list of most active shares in volume for the second day with 1.51 million shares changing hands.


PetroVietnam Fertilizer and Chemicals Corporation (DPM) took the second rank with 1.01 million shares.


Ocean Group Joint Stock Company (OGC) followed with 744,130 shares traded.


Cuu Long Pharmaceutical Joint Stock Corporation (DCL), which plunged 4.89 percent to trade at VND44,700, was the biggest loser today.


DESCON Construction Corporation (DCC) erased 4.87 percent to VND25,400.


Transforwarding Warehousing Joint Stock Corporation (TMS) dropped for three consecutive trading session, sinking 4.76 percent to VND26,000.


Saigon Fuel Company (SFC) went up 4.97 percent to VND35,900.


Cavico Vietnam Mining and Construction Joint Stock Company (MCV) climbed 4.79 percent to VND17,500.


Hoa Binh Construction & Real Estate Corporation (HBC) advanced 4.67 percent to VND47,100.


The Hanoi’s HNX-Index slid 0.76 points, or 0.63 percent, to close at 119.69 points. Trading volume on the northern bourse nosedived to the lowest level since the end of February as just 16.2 million shares changed hands at a value of VND355.8 billion.


The UPCoM-Index trimmed 0.25 points to 43.44. The market of unlisted shares saw 0.14 million shares changing hands at VND1.5 billion as of 11:10 am local time.

Source: SGGP

VN-Index closes month on light note

In Uncategorized on October 14, 2010 at 6:31 pm

Movements of VN-Index on September 30. (Photo: vietstock.vn)The shares of 259 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange toiled to finish in green on September 30 thanked to support from blue-chip stocks.

The Vietnam’s benchmark VN-Index rallied 0.35 percent, or 1.58 points, to 454.52 points.


Trading volume slightly improved over the previous session. Around 40.6 million shares changed hands at a value of VND1.2 trillion.


Of the index, 68 stocks increased, 139 slipped, while 58 were unchanged.


Ocean Group Joint Stock Company (OGC) was the most active share by volume with 1.82 million shares changing hands.


It was followed by transportation company Thuan Thao Corporation (GTT) with 855,850 shares. The company announced that it would issue 14,501,000 additional shares to its current shareholders at a ratio of 2:1, and at a price of VND10,000 per chare.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) tagged along with 816,970 shares traded.


From September 10 to September 23, Dang Van Thanh, chairman of Saigon Thuong Tin Commercial Bank or Sacombank (STB) bought 2 million shares, raising his holdings to 28,020,039 shares, accounting for 4.18 percent of the company’s chartered capital.


Bao Minh Insurance Corporation (BMI) rebounded from a previous loss of 3.03 percent, jumping the daily maximum allowed limit of 5 percent to VND16,800.


Long Giang Investment and Urban Development Joint Stock Company (LGL) climbed 4.9 percent to VND25,700.


Bao Viet Holdings (BVH) bobbed 4.72 percent to trade at VND55,500 from VND53,000 the previous day.


Construction company De Tam Joint Stock Company (DTA) ripped 5 percent to VND19,000.


Thien Nam Trading Import Export Corporation (TNA) plunged 4.97 percent to VND32,500.


South Logistics Joint Stock Company (STG) sliced 4.96 percent to VND34,500.


Meanwhile, the Hanoi’s HNX-Index subtracted 0.12 points, or 0.09 percent, to 127.29. Trading volume fell by 25 percent over the previous day as just 26.3 million shares worth VND630.6 billion changed hands.


The UPCoM-Index of the market of unlisted shares deleted 0.92 points to 45.72 points. Trading volume was at 246,400 shares traded, approximately VND3.86 billion.

Source: SGGP

Firework closes Hanoi’s millennium anniversary

In Uncategorized on October 14, 2010 at 2:46 pm

The celebrations of Hanoi millennium anniversary went out last night, October 10, with special art and firework shows entitled “Thang Long-Hanoi: City of Soaring Dragon” at My Dinh National Stadium.

A spcial art performance reviews important historical events. (Photo: Sggp)

Thousands of actors, actresses, singers, dancers, athletes and students took part in the art performance described major milestones in the history of the country and its capital including King Ly Cong Uan’s royal proclamation on moving the old capital at Hoa Lư to Thang Long, the present capital, in 1010; national hero and great poet Nguyen Trai’s famous literature work called “Binh Ngo Dai Cao” (Proclamation of Victory over the Ngo invaders); scholar and warrior Truong Han Sieu’s “Bach Dang Giang Phu” (Dissertation in rhythmic prose on Bach Dang River); talented general Ly Thuong Kiet’s the famous poem “Nam Quoc Son Ha” (Mountains and Rivers of the Southern country); and the Declaration of Independence of Vietnam by President Ho Chi Minh.

A firework display lights up the capital in the grand finale on October 10. (Photo: Vnexpress)

The display also reviewed Hanoi’s historical and architectural works such as Thap Rua (Turtle tower) in Ho Guonm (Sword Lake), Khue Van Cac (Pavilion of the Constellation of Literature), etc and legendary sacred objects including Golden Buffalo, Golden Turtle and White Horse.


Related articles:
Grand parade marks millennium anniversary of Hanoi
Thang Long – Hanoi calligraphy exhibition opens
Hanoi inaugurates statue of Uncle Ho and Uncle Ton
National records marks Hanoi’s 1,000th birthday
Saint Giong statue recognized during millennium
Thang Long Citadel opens to public
Hanoi’s 1,000 year anniversary opens with wide rage of activities
Trip carrying revolutionarily credited people to Hanoi kicked off
Legendary itinerary on moving capital to open the Grand Celebration
Various activities toward millennium of Thang Long – Hanoi
Billion-VND Aodai marks 1,000th anniversary of Thang Long- Hanoi
Hanoi counts down to Grand Celebration
A thousand years of Vietnamese culture to shine in Grand Celebration
Capital hurriedly prepares for its millennium anniversary



 

Source: SGGP

Senior Officials’ Committee Meeting on ASCC closes

In Uncategorized on August 15, 2010 at 3:22 pm




Senior Officials’ Committee Meeting on ASCC closes


QĐND – Sunday, August 15, 2010, 20:41 (GMT+7)

The Meeting of the Senior Officials’ Committee for the ASEAN Socio-Cultural Community Council (ASCC) wrapped up in Danang city on August 15. The result of the meeting will lay an important foundation for the fourth meeting of ASCC also scheduled to take place in Danang city on August 16.


During the two-day meeting, ASEAN officials reviewed the implementation of the ASCC Blueprint and compared notes on the ASCC’s priorities in 2010.


They also proposed a number of solutions for some key issues this year with a focus on developing human resources, ensuring social welfare for women and children, promoting cooperation to cope with global challenges and raising awareness of an ASEAN cultural identity.


Le Kim Dung, Deputy Head of the International Cooperation Department of the Ministry of Labour, Invalids and Social Affairs praised ASEAN officials’ efforts to secure a draft declaration of ASEAN Leaders on human resource development and skills for economic recovery and growth as well as a draft declaration on social welfare for women and children. The two drafts will be submitted for approval to the ASCC and the upcoming ASEAN Leaders Summit in Hanoi this October.


Mrs Dung said Vietnam needs to boost human resource development by developing a skilled workforce, promoting technical cooperation with other countries and issuing declarations on human resources and skills for economic recovery and growth.


Vietnam is currently creating a draft declaration on developing social welfare for women and children in ASEAN nations, she added.


Source: VOV


Source: QDND

Stocks rise as session closes

In Uncategorized on July 29, 2010 at 11:19 am

The shares on the Ho Chi Minh Stock Exchange swam upstream at the end of the July 29 trading session to finish a tad higher than yesterday amid investor hesitancy to buy stocks at lower prices.


VN-Index, which tracks 250 companies and four mutual funds, inched up 0.02 percent, or 0.11 points, to close at 491.11.
 
Liquidity on southern market severely dropped, as just around 37.4 million shares changed hands at VND1.1 trillion.
 
On the index, 100 stocks advanced, 96 retreated, while 58 remained unchanged.
 
Vinh Son – Song Hinh Hydropower Joint Stock Company (VSH) was the most active share by volume, with 1.57 million shares changing hands.
 
PetroVietnam Finance Joint Stock Corporation (PVF) came next with 1.49 million shares, followed by Gemadept Corporation (GMD) with 1.09 million shares traded.
 
620 Chau Thoi Concrete Corporation (BT6) and Khanh Hoa Power Joint Stock Company (KHP) both shot up 4.96 percent to VND74,000 and VND12,700 respectively.
 
From July 27 to September 27, Do Phuong Vi, wife of Le Anh Khoi – public relations agent of Khanh Hoa Power Joint Stock Company (KHP), registered to sell all her holdings of 3,100 shares for personal need.
 
FPT Corporation (FPT) climbed 4.93 percent, to VND74,500, from VND71,000 yesterday. The company’s pre-tax profits in the first six months of this year has reached more than VND1.08 trillion, up 38.1 percent year-on-year, and completing 51.29 percent of their goals for this year.
 
Binh Duong Trade and Development Joint Stock Company (TDC) closed up 4.91 percent to VND36,300.
 
Information and Networking Technology Joint Stock Company (CMT) declined for the second consecutive day, decreasing the daily maximum allowed limit of 5 percent to VND38,000.
 
Techno – Agricultural Supplying Joint Stock Company (TSC) fell for a third straight day, losing 4.96 percent to VND23,000.
 
Royal International Corporation (RIC) edged down 4.93 percent to VND19,300.
 
Stocks on the smaller bourse in the north also made a U-turn at the end of the trading session, gaining 0.4 percent, or 0.61 points, to close at 152.99. Trading volume rose to the highest level in the past five trading sessions, reaching 46.3 million shares, worth VND1.28 trillion.
 
The UPCoM-Index lost 0.59 points to 51.55 points. The market of unlisted stocks saw 326,300 shares change hands, at VND5.8 billion, as of 11 am local time.

Source: SGGP

2010 Golden Racket tournament closes in Vung Tau

In Uncategorized on July 20, 2010 at 3:23 pm




2010 Golden Racket tournament closes in Vung Tau


QĐND – Sunday, July 18, 2010, 21:2 (GMT+7)

The 24th ‘Golden Racquet’ International Table Tennis Tournament finished on July 17 in the southern province of Ba Ria-Vung Tau.


Vietnamese players Tran Tuan Quynh and Nguyen Nam Hai won the championship in the men’s double event while the title for women’s doubles went to Thai players Nanthana and Anirasa.


In the mixed doubles, PetroVietnam’s and Vietsopetro’s Ce and Yang Xiao Xing successfully grabbed gold medals while Nguyen Hai Nam and Mai Hoang My Trang came in third.


The Vietnam Table Tennis Federation decision to allow foreign athletes to play for Vietnamese clubs is considered an opportunity for Vietnamese players to compete with outstanding rivals and improve their skill.


Source: VOV


Source: QDND