VNStockNews.com – Sai Son Cement Joint Stock Co (coded SCJ) has recently announced that in 2010, it expects to produce 303,558 tonnes of cement, 268,000 tonnes of clinker, 328 billion dong revenue and 45 billion dong of after tax profit.Till the end of 2009, the company finalised hiking chartered capital from 47.6 billion dong to 97.58 billion dong. Of which, SCJ paid dividend in shares to the

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Sai Son cement maker expects 45b dong profit after tax

VNBusinessNews.com – Orient Commercial Bank (OCB) will invest US$1.7 million to develop its national bank card network by installing at least 50 automatic teller machines (ATMs) around the country by the end of this year.Tran Van Vinh, general director of OCB, said the bank’s five-year strategy was to invest US$3.3 million to provide 300 ATMs and 5,000 points of sale, expand the customer base to

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OCB invests US$1.7 mil. to develop bank card network

VNStockNews.com – HCM City-based Tan Binh Import-Export Joint Stock Corp (Tanimex – coded TIX) announced to close the shareholders list on March 19 and to seek shareholders’ opinions for advancing 2010 dividend in shares at a ratio of 10 percent.The ex-right session would be March 16.

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TIX seeks opinions for dividend payment at ratio of 10pct

VNStockNews.com – Nam Bay Bay Investment Co (NBB) will increase its stake in Quang Ngai Mineral Investment Joint Stock Co (QMI) from 64 per cent to 90 per cent by the end of March, as part of its overall plan to effect a complete takeover.The NBB would achieve the higher ownership in the QMI through an offer to current QMI shareholders to buy their shares, said the head of NBB’s department of

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NBB to take over Quang Ngai miner

VNBusinessNews.com – Till the end of February, 2010, HCM City Department of Planning and Investment granted investment licences for 39 foreign direct investment (FDI) projects with total pledged investment capital of $333.4 million, fourfold increase against the figure of $69.8 million of the same period of last year. Five projects were allowed to raise investment capital (by $2.55 million).

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FDI attraction in HCM City modest

VNStockNews.com – The southern bourse-listed Nam Bay Bay Investment Joint Stock Co (coded NBB) announced to carry out the necessary procedures to merge Quang Ngai Mineral Investment Joint Stock Co (QMI) as the member company by the end of March 2010. The company will hold up to 90 percent of QMI’s chartered capital.Quang Ngai Mineral Investment JSC has owned a granite processing plant and

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Nam Bay Bay owns 90pct of QMI chartered capital

VNStockNews.com – After Feb 24 session, the two indexes continued its adjustment phase. While VN Index kept dropping, HNX Index showed positive signals.At the end of today session, VN Index dipped 1.7 points or 0.34% to close at 494.59 points

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HNX Index reverses to increase while VN-Index continues dropping

VNStockNews.com – By the end of last week, total net buying of foreign investors in the HCM City Stock Exchange (HOSE) in 20 consecutive days touched 1.482 trillion dong and many signs showed that they have not yet stopped buying.In fact, in some trading sessions, transactions of foreign investors became the lead of the market and domestic investors followed. Amidst the context of weak domestic

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Foreign capital still flowing into Vietnam’s stock market

VNStockNews.com – During 2009, Hanoi Stock Exchange (HNX)-listed Bim Son Cement Joint Stock Co (coded BCC) recently reported gaining nearly 198 billion dong of profit after tax, exceeding 38 percent of last year’s plan, and 2.422 billion dong of revenue, fulfilling the year’s target with EPS of 2,069 dong.Till the end of 2009, BCC’s reported 5.369 billion dong of total assets, increasing over 160

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Bim Son cement maker gains profit after tax of VND198 billion

VNStockNews.com – Maritime Commercial Joint Stock Bank said Friday its pretax profit more than doubled last year to VND1.1 trillion ($58.6 million).The bank’s total assets were VND65 trillion at the end of 2009, up from VND48 trillion at the end of September, it said in a statement.The Hanoi-based bank has a registered capital of VND3 trillion, it added.

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Maritime Bank 2009 Pretax Profit VND1.1 Trillion