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National Sports Festival wraps up

In Uncategorized on January 8, 2011 at 4:14 am




National Sports Festival wraps up


QĐND – Saturday, January 01, 2011, 21:7 (GMT+7)

The sixth National Games wrapped up at the Tien Son Sports Palace in the coastal city of Danang on December 31.


The organising board presented VND2 million to each athlete who set a national record.


According to the board’s statistics, 102 athletes set national records at the festival.


The games were participated by 66 sports delegations comprising nearly 8,700 athletes competing in 12 sport disciplines and sub-categories.


At the closing ceremony, the organising board handed over the sports festival’s flag to Nam Dinh which will host the event in 2014.


Source: VOV


 


 


Source: QDND

VN-Index wraps week in bullish sentiment

In Uncategorized on December 16, 2010 at 10:08 am

Vietnam’s benchmark VN-Index rocketed 2.74 percent, climbing to a four-month high on December 10 as investors were in upbeat sentiment.

The shares of 271 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange sprang 2.74 percent, or 12.61 points, to close at 473.06 points.


On the index, 233 stocks gained, 26 shrank, while 17 stalled.


Trading value on the city bourse climbed to the highest level in the past nine months as around 94.1 million shares changed hands at a value VND3.36 trillion.


Saigon Securities Inc. (SSI), the country’s largest brokerage, won the spot of the most active share in volume with 4.61 million shares changing hands.


It was chased by Refrigeration Electrical Engineering Corporation (REE) with 3.4 million shares traded.


Vietnam Export Import Commercial Joint Stock Bank or Eximbank (EIB) came next with 3.31 million shares changing hands.


Biggest winners on the southern market were Lilama 10 Joint Stock Company (L10), Lu Gia Mechanical Electric Joint Stock Company (LGC), Petroleum Equipment Assembly And Metal Structure Joint Stock Company (PXS), Development Investment Construction Joint Stock Corporation (DIG), Vung Tau Real Estate and Construction Joint Stock Company (VRC), and Vincom Joint Stock Company (VIC). They all shot up the daily 5-percent allowed limit.


Techno – Agricultural Supplying Joint Stock Company (TSC) soared 4.97 percent to VND19,000.


The newly listed Petrovietnam – Idico Long Son Industrial Park Investment Joint Stock Company (PXL) declined 4.86 percent to VND13,700.


Vien Dong Pharmaceutical Joint Stock Company (DVD) extended its losing streak to the fifth consecutive day, dropping 4.8 percent to VND39,700.


Anvifish Joint Stock Company (AVF)marched south for four straight days, losing 4.41 percent to VND19,500.


Meanwhile, the Hanoi’s HNX-Index enhanced 3.8 percent, or 4.26 points, to close at 116.39 points. Around 60.2 million shares changed hands at VND1.16 trillion.


The UPCom-Index also rose by 1.01 points to 41.02 points this morning. A total of 430,800 shares changed hands at a value of VND4.28 billion.

Source: SGGP

VN-Index wraps week in light note

In Uncategorized on November 27, 2010 at 6:20 am

Vietnam’s benchmark VN-Index failed to maintain a strong rising momentum on November 26, added small change as investors dumped shares heavily to book profits.

The gauge of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange inched up 0.02 percent, or 0.09 points, to close at 439.94 points.


Of the measure, 116 stocks advanced, 81 retreated, while 78 remained unchanged.


Trading volume on the city bourse climbed to the highest level in the past ten trading sessions. Around 45.4 million shares changed hands at a value of VND1.07 trillion.


Vietnam Electricity Construction Joint Stock Corporation (VNE) was the most active share in volume with 2.87 million shares traded.


Saigon Securities Inc. (SSI), the country’s largest brokerage, took the second rank with 1.11 million shares changing hands, followed by Nari Hamico Minerals Joint Stock Company (KSS) with 1.06 million shares.


Viet Nam Active Fund (VFMVFA) jumped the daily maximum allowed limit of 5 percent to VND8,400.


Nari Hamico Minerals Joint Stock Company (KSS) extended its winning streak to the fourth day, rallying 4.95 percent to VND23,300.


Hamico Group Mineral Joint Stock Company (KSH) moved forward for four consecutive trading sessions, rising 4.92 percent to VND34,100.


Petrovietnam Finance Joint Stock Corporation (PVF) curbed its three straight day winning streak, edging down 4.87 percent to VND21,500.


Newly listed Anvifish Joint Stock Company (AVF) and Beton 6 Corporation (BT6) both sliced another 4.86 percent to trade at VND23,500, and VND68,500.


Transforwarding Warehousing Joint Stock Corporation (TMS) contracted 4.81 percent to trade at VND25,700.


Meanwhile, the northern bourse finished week in low note as the Hanoi’s HNX-Index dipped 0.49 percent, or 0.5 points, to finish at 101.57 points. Trading volume slightly dropped over the previous trading session as around 40.44 million shares were traded at nearly VND727.23 billion.


The UPCoM-Index of the unlisted shares market slightly shrank 0.11 points to 40.54 points. A total of 191,800 shares changed hands at VND2.46 billion in the trading session this morning.

Source: SGGP

VN-Index wraps week in green

In Uncategorized on October 22, 2010 at 11:53 am

Movements of VN-Index on October 22. (Photo: vietstock.vn)Vietnam’s benchmark VN-Index, a gauge of 264 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange struggled to inch up on October 22 thanked to support from penny-chips.

The measure edged up 0.04 percent, or 0.16 points, to close week at 445.21 points.


Trading volume on the city bourse fell by 4.5 percent in volume and 8 percent in value over the previous day as just 27.8 million shares changed hands at VND630 billion.


Among the index members, 77 increased, 129 declined, while 63 stalled.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) was the most active share in volume with 2.29 million shares changing hands, followed by Ocean Group Joint Stock Company (OGC) with 1.29 million shares.


Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) came next with 593,410 shares.


National Seed Joint Stock Company (NSC) grew 4.94 percent to trade at VND34,000.


An Giang Fisheries Import & Export Joint Stock Company (AGF) gained the first time in three days, climbing 4.88 percent to VND25,800.


The newly listed Hoang Quan Consulting – Trading – Service Real Estate Corporation (HQC) advanced 4.84 percent to VND32,500.


Ha Tien Transport Joint Stock Company (HTV) extended its losing streak to 16 consecutive days, erasing 4.98 percent to VND19,100.


Herbal medicine producer Traphaco Joint Stock Company (TRA) recoiled 4.94 percent to VND40,400.


Becamex Infrastructure Development Joint Stock Company (IJC) retreated for four straight days, giving up 4.92 percent to VND17,400.


The Hanoi’s HNX-Index pruned 1.23 points, or 1.09 percent, to 111.32 points. Trading volume on the northern bourse plunged to nearly 21 million shares worth VND74.12 billion, a slide of 15.58 percent in volume and 15.16 percent in value over the previous day.


Meanwhile, the UPCoM-Index added up 0.06 points to 43 points this morning. A total of 115,475 shares were changed hands at VND1.6 billion.

Source: SGGP

Party central committee wraps up 13th meeting

In Uncategorized on October 15, 2010 at 2:27 pm




Party central committee wraps up 13th meeting


QĐND – Friday, October 15, 2010, 21:19 (GMT+7)

The issues discussed and decided at the 13th meeting of the Communist Party of Vietnam Central Committee (CPVCC), 10th tenure, are of extreme importance and a continued preparation for the 11th National Party Congress.


The CPVCC’s General Secretary Nong Duc Manh delivered the remarks at the closing ceremony of the eight-day plenary meeting in the capital city of Hanoi on Oct. 14.


The delegates upheld knowledge, debated with a high level of democracy and sense of responsibility, and made valuable recommendations to plans, said the Party chief.


The CPVCC applauded preparations for the meeting, showed consensus with the Political Bureau’s explanations on the questioned contents, and adopted a resolution on the decided issues, he said.


Regarding the performance of the socio-economic development plans and tasks and the State budget in 2010, Manh said the meeting agreed that the national economy has been recovering quite rapidly, while a number of industries and sectors have been regaining their growth momentum.


According to the Party leader, macroeconomic balances were ensured, budget collection exceeded the estimates, bank interest rates were lowered, overspending dropped compared with the forecast level, inflation was controlled, the trade deficit decreased and a large amount of capital was mobilised for development projects.


The nation has paid due attention to education, training and healthcare for the people, managed to improve the people’s living conditions, while maintaining security, national defence and social order, as well as promoting Vietnam’s position and prestige in the international arena.


The achievements obtained in 2010 — the final year of the 2006-2010 plan and a year with a wide range of important events as well as difficulties and challenges — demonstrated sound leadership of the Party, the concerted efforts of the entire political system and the great contributions of the entire people, army and businesses, Manh stressed.


At the plenum, the CPVCC gave opinions on the general goal, targets and development directions of industries and sectors, and six groups of measures which should be taken in 2011, focusing on creating an fair business environment and sharpening the competitiveness of domestic companies.


The country will implement financial and monetary policies to ensure macroeconomic stability and foster rapid and sustainable growth; continue economic restructuring towards the direction of enhancing the economy’s efficiency and competitiveness; boost exports and cut the trade deficit.


The measures also aim to create more jobs for labourers, reduce poverty, ensure social security, improve people’s living conditions, and better the efficiency of the State management apparatus.


The delegates also discussed and put forth suggestions about socio-economic development outlooks and the State budgets for the next five years, saying that rapid growth should be combined with sustainable development.


They agreed that comprehensive economic and political renewal should be stepped up to build Vietnam into a strong nation, with a rich people and a democratic, equal and civilised society. The human factor should be fully upheld and people should be considered the subject, major strength and target of development.


The Party elite emphasised the necessity to bring into play production forces with scientific and technological advances and improve production relations and the status of the socialist-oriented market economy.


The conference decided to continue the pilot project of not organising the People’s Council at district and ward levels in 10 cities and provinces nationwide in pursuant to the 12th National Assembly’s Resolution 26/2008/QH12.


Manh said the 13th meeting of the CPVCC also discussed and performed another important step towards personnel preparations, which will be submitted to the 11th National Party Congress.


The general secretary asked CPVCC members and Party committees at all levels to work out plans to accomplish set tasks, firstly focusing on overcoming flood consequences in the central region and organising Party congresses in the remaining cities and provinces and agencies on schedule.


He also requested CPVCC members and localities accomplish the tasks set for the year-end months, map out solutions to successfully carry out socio-economic development plans and the State budget for 2011, and prepare effectively for the 14th meeting of the CPVCC (10th tenure) in late 2010 and the 11th National Party Congress scheduled to take place in early 2011.


Source: VNA


Source: QDND

VN-Index wraps week on low note

In Uncategorized on October 14, 2010 at 6:30 pm

Movements of VN-Index on October 1. (Photo: vietstock.vn)Investors’ wariness and reservation prevented stocks on the Ho Chi Minh Stock Exchange from advancing on October 1.

Vietnam’s benchmark VN-Index, a gauge of 261 companies and five mutual funds, sank 0.62 percent, or 2.81 points, to close week at 451.71.


Trading volume on the city bourse fell by 23 percent in value over the previous day as just 35.7 million shares changed hands at VND933.3 billion.


Among the index members, 50 increased, 151 declined, while 65 stalled.


With 2.89 million shares changing hands today, Ocean Group Joint Stock Company (OGC) continued to won the spot of the most active share in volume.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) chased after with 1.5 million shares, followed by Vietnam Export Import Commercial Joint Stock Bank or Eximbank (EIB) with 1.03 million shares traded.


Biggest losers on southern market were the newly listed Vimedimex Medi – Pharma Joint Stock Company (VMD), OPC Pharmaceutical Joint-Stock Company (OPC), and Meca Vneco Investment and Electricity Construction Joint Stock Company (VES). They all slumped the daily maximum allowed limit of 5 percent to VND30,400, VND41,800, and VND20,900 respectively.


Wood producer Duc Long Gia Lai Group Joint Stock Company (DLG) grew 4.69 percent to VND20,100.


General Materials Biochemistry Fertilizer Joint Stock Company (HSI) went up the first time in nine trading sessions, surging 4.27 percent to VND12,200.


Saigon Fuel Company (SFC) emerged 4.11 percent to VND35,500. The company’s revenues in the first eight months of this year topped VND997 billion. Post-tax profits reached VND47 billion, accounting for 103.8 percent of this year’s goal, and 1.6 times higher year-on-year.


The Hanoi’s HNX-Index recoiled 1.48 points, or 1.16 percent, to 125.81 points. Trading volume on the northern bourse plunged to 22.9 million shares for the first time since the end of August, worth VND554 billion.


The UPCoM-Index slipped 0.01 points to 45.66 points. Around 0.2 million shares were traded at VND3.98 billion.

Source: SGGP

VN-Index wraps week on upward trend

In Uncategorized on July 16, 2010 at 8:49 am

Movements of VN-Index on July 16. (Photo: vietstock.vn)The shares of 247 companies and four mutual funds listed on the Ho Chi Minh Stock Exchange slightly recovered on July 16 amid global stock markets flooded in red.

Vietnam’s benchmark VN-Index edged up 0.2 percent, or 1.02 points, to 506.21 points. Around 46 million shares changed hands at a value of VND1.41 trillion, as liquidity improved by the end of the trading session.


Of the index, 80 stocks advanced, 97 declined, and 74 stalled.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) continued to be the most active share in volume the fourth day with 2.35 million shares being traded.


Transport Engineering Construction & Business Investment Stock Company 584 (NTB) came next with 2.1 million shares, followed by Ocean Group Joint Stock Company (OGC), which shot up 4.99 percent today, with 1.96 million shares changing hands.


Vietnam Electricity Construction Joint Stock Corporation (VNE) jumped the maximum daily allowed limit of 5 percent to VND25,200.


Hanoi-based construction company Tai Nguyen Corporation (TNT) and Meca Vneco Investment and Electricity Construction Joint Stock Company (VES) both added up 4.98 percent to VND33,700 and VND31,600 respectively.


TMT Automobile Joint Stock Company (TMT) sank 4.4 percent to VND30,400.


Saigon Beverages Joint Stock Company (TRI) ended its two-day winning streak, losing 4.12 percent to VND9,300.


House Viet Nam Joint Stock Company (NVN) moved backwards for the second straight day, giving up 3.99 percent to VND36,100.


A similar scenario played out on the smaller bourse in the north, as Hanoi’s HNX-Index gained 0.26 percent, or 0.41 points, to close at 161.12 points. Trading volume dropped slightly to 40.7 million shares, worth VND1.21 trillion.


After net buying for eight consecutive trading sessions, foreign investors shifted to net selling, valuing approximately VND5.75 billion.


The UPCoM-Index fell 0.8 points, to 59.5 points. A total of 495.381 shares changed hands at VND9.69 billion, as of 11 am local time.

Source: SGGP

Highlands tourism, culture week wraps up

In Vietnam Culture on December 21, 2009 at 4:04 pm

The weeklong “Legend of the Central Highlands Elephant” tourism and culture festival ended December 20 in Buon Ma Thuot City Square in the Central Highlands province of Dak Lak.








The closing ceremony of tourism and culture week is held in Buon Ma Thuot City, Dak Lak Province on December 20.

The closing ceremony of the festival featured songs praising the vital and imposing Highlands area, Buon Ma Thuot‘s achievements, the region’s tourism potential, and its socio-economic development.

The ceremony also expressed hope that the city will become an economic and cultural hub of the Highlands.


On stage were hundreds of artists and gong troupes of ethnic minorities including the Ede, Gia Rai, and M’nong among others.


The week featured a series of cultural activities including a photo exhibition, fire festival, street fair, wood carving contest, food and trade fair, and folk games and music.


Highlights of the event were sports activities such as swimming, racing and hunting with 20 elephants in Buon Don District.


The tourism and culture week also aimed to raise awareness of the importance of preserving cultural values and festivals of ethnic groups in the Highlands area. In particular, its long-standing gong tradition has been recognized by UNESCO as a ‘Masterpiece of the Oral and Intangible Heritage of Humanity.


Related article:

Food, fun and elephants at Highlands culture fest
Highlands tourism week celebrates elephants


Source: SGGP Bookmark & Share