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Posts Tagged ‘slightly’

VN-Index slightly restores

In Uncategorized on January 8, 2011 at 4:28 am

Vietnam’s benchmark VN-Index slightly added up on December 27 as wariness almost drove market to move flatly.

The measure of 275 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange inched up 0.06 percent, or 0.29 points, to close at 473.05 points.


Of the index, 119 stocks gained, 93 dropped, while 68 treaded water.


Trading volume severely fell over the previous trading session. Around 39.24 million shares changed hands at a value of VND975.08 billion, the lowest level in the past one month.


Quoc Cuong Gia Lai Joint Stock Company (QCG) was the most active share in volume with 2.45 million shares.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) followed with 1.58 million shares, tagged along by Saigon Securities Inc. (SSI) with 1.5 million shares.


Ben Thanh Trading & Service Joint Stock Company (BTT) jumped 5 percent to VND27,300.


Hoang Quan Consulting – Trading – Service Real Estate Corporation (HQC) advanced 4.96 percent to VND38,100.


Tay Bac Minerals Investment Joint Stock Company (KTB) rallied 4.9 percent to VND25,700.


Sao Ta Foods Joint Stock Company (FMC) tumbled for three consecutive days, reducing 8.39 percent to VND13,100.


Gia Lai Cane Sugar Thermoelectricity Joint Stock Company (SEC) slashed 5.95 percent to VND25,300.


Viet Thang Aquafeed Joint Stock Company (VTF) retreated 4.9 percent to VND13,600.


The smaller bourse in the north also opened week in green as the Hanoi’s HNX-Index revived 0.22 percent, or 0.24 points, to close at 111.43 points. Trading volume faintly recovered to 36.1 million shares worth VND704.58 billion.


Meanwhile, the UPCom-Index collapsed 1.21 points to 41.3 points this morning. A total of 279,000 shares changed hands at a value of VND3.8 billion.

Source: SGGP

CPI rises slightly in June

In Uncategorized on June 25, 2010 at 12:41 pm

The country’s consumer price index (CPI) rose by 0.22 percent in June over the previous month and has risen 8.75 percent year-on-year, said the General Statistics Office.

CPI figures for Hanoi and Ho Chi Minh City. (Photo:chinhphu.vn)

The highest increase came in the market for alcohol and tobacco, which increased 0.62 percent, perhaps due to hot weather bolstering the demand for beverages.


Costs for construction materials registered lowest level of increase, 0.01 percent, due declining prices for steel and gasoline.


The price of food and catering services surged by 0.37 percent; the price of rice however, decreased by 0.83 percent.


The CPI in June only a increased slightly due to the continually reducing price of rice, plus prices of many other essential commodities, such as petrol, oil, building materials, medicines and food also seeing reductions or moderate increases.


The price of gold increased by 3.09 percent over the previous month, spurned on by fluctuations in the US and EU markets.


The US dollar exchange rate, meanwhile, continued to decline 0.17 percent on the domestic market versus last month.


Ho Chi Minh City’s consumer price index (CPI) rose by 0.35 percent over the previous month and up 4.88 percent from the beginning of the year, said the office.


The highest increases were seen in entertainment and tourism services, housing and electricity. Water and construction materials rose 0.93 percent and 0.87 percent respectively; restaurant services increased by 0.57 percent and postal and telecom services went up 0.42 percent.


Hanoi’s CPI rose by 0.21 percent, driving up its six months figure to 5.13 percent.


Da Nang City’s CPI rose by 0.28 percent and Hai Phong City’s CPI 0.38 percent.

Source: SGGP

ODA commitment forecast to increase slightly

In Uncategorized on December 4, 2008 at 2:21 pm

– The Ministry of Planning and Investment (MPI) has forecast ODA commitment to Vietnam is likely to increase slightly in the next two years despite great changes in the world economy.

It expects total ODA fundings to be signed during 2009 and 2010 will reach 6 billion USD.

In its report at the Consultative Group Meeting (CG) that convened in Hanoi on Dec. 4, the MPI said the increasing ODA commitment to Vietnam from years to years, even when the world tends to cut down the funding, has proved the international community’s approval of Vietnam’s policies and guidelines.

Total ODA commitment to Vietnam for the 2006-2008 period has surpassed 13.6 billion USD with a record high of 5.43 billion USD in 2007.

Of the figure, 10 billion USD has been officially allocated to signed programmes and projects with 9.4 billion USD in the form of loans, while the rest are non-refundable aid.

ODA structure has also shifted to come closer to Vietnam ’s needs, with priority given to agriculture and rural development in combination with hunger alleviation and the development of energy, industry, transportation, communications, urban water supply, health and education.

Thanks to this source of funding, Vietnam has been able to improve and develop its socio-economic infrastructure, contributing to creating a favourable environment for foreign investment attraction, boosting poverty eradication and improving the living condition for the people.

Through technical support, ODA-funded projects have also helped Vietnam build legal institutions, access modern technology and management experience and develop human resources.

Noteworthy ODA-funded projects include the 1 billion USD Noi Bai-Lao Cai highway, the 360 million USD expanded power transmission system for the northern region and the southern coastal beltway which worth 382 billion USD.

The Mekong Delta region has received 207 million USD in ODA capital to develop its transport infrastructure and water environment in central Hue city is being improved with ODA funding worth 182 million USD.

Despite the high commitment, Vietnam ’s ODA capital disbursement rate is still lower than the regional level. The disbursement rate of ODA funded by the WB stands at 11.6 percent, compared to the region’s 19.4 percent and by the former Japan Bank of International Cooperation (JBIC), 13.6 percent, compared to 16.6 percent of the region.

In the next two years, Vietnam aims to disburse 2.8 billion USD each year to fulfill its plan of 12 billion USD of ODA disbursement in the 2006-2010 period.-