VNStockNews.com – 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

VNStockNews.com – HCM City-listed Pha Lai Thermalpower Company plans to repurchase 2 million shares on August 6 at a total cost of about VND64.18 billion (US$3.3 million). The company also plans to buy a 4-per-cent stake in Hai Phong Thermalpower Company, raising its stake to 20 per cent

VNStockNews.com – Fitch Ratings downgraded Vietnam’s sovereign rating by a notch to B-plus on Thursday, citing worsening external finances, higher funding needs and inconsistent state policies. Ai Ling Ngiam, sovereign analyst with the agency, said the country’s highly dollarised economy also had a weak banking system and despite additional foreign exchange reserves, its external finance

VNStockNews.com – The southern bourse-listed Ngo Han Joint Stock Co (coded NHW) announced gaining net revenue of 266.6 billion dong in the second quarter of this year and over 27.6 billion dong of profit from business activities in the period.  Therefore, the company posted accumulative pre-tax profit and profit after tax in the first six months of 50 billion dong and 37.5 billion dong

VNStockNews.com – Kinh Do Joint Stock Corporation (coded KDC) has announced Q2 financial report with a loss of 54.32 billion dong; however its H1 accumulative result gained over 267 billion dong, up 146 percent year-on-year.

VNStockNews.com – Masan Group (MNS) announced gaining 321 billion dong of after tax profit; and H1 accumulative after tax profit of 445 billion dong on July 27. The company gained nearly 1.217 trillion dong of operating profit in the second quarter and of 2.079 trillion dong in first half of year, H1 gross profit of 852.7 billion dong, equalling to 41 percent of gross profit ratio. MNS pre-tax

VNStockNews.com – Ha Tien Transport Joint Stock Co. (code HTV) announced Q2 financial report and H1 accumulative after tax profit of 5.6 billion dong and 9.27 billion dong, equalling to 47 percent and 59.61 percent respectively against the same period of last year.

VNStockNews.com – Foreign Trade Development and Investment Corporation of HCM City (coded FDC) announced Q2 business result and H1 accumulative net profit with 19.1 billion dong and 35.8 billion dong respectively, a sharply increase 107 percent and 78 percent year-on-year. In details, net revenue of FDC gained 204 billion dong, rising nearly 88 percent against the same period of last year.

VNStockNews.com – Hai Minh Corporation (coded HMH) has listed its over 5.4 million shares on Hanoi Stock Exchange. The company has chartered capital of 56 billion dong and operates in the fields of land, water carriage, and storehouse. The corporation will raise chartered capital to 100 billion dong in the future

VNStockNews.com – Gemadept Joint Stock Corp.