VNAT to take part in Mekong
HA NOI — The Viet Nam National Administration of Tourism (VNAT) will
participate in the Mekong Tourism Fair 2007 in Laos from July 26-29, an annual
tourism promotion event for regional nations.
In addition to pavilions introducing Viet Nam tourist destinations,
tourism companies will present special programmes including sport tourism,
eco-tourism, and overland travel.
Laos is considered a
potential market for the Viet
Nam tourism sector, especially for overland
travel, according to VNAT. The fair is a chance for tourism companies to
promote tours in Laos.
Business seminar for
HA NOI — A seminar for small and medium-sized
import-export firms took place in Ha Noi on Wednesday.
During the seminar, organised by the Ha Noi Trade Promotion Centre and the
Technological and Commercial Joint Stock Bank enterprises discussed the
difficulties they had encountered while conducting business abroad.
Sacombank, Sacomreal ink
HCM CITY — Sacombank and Sacomreal have signed an investment co-operation
contract with Huu Lien A Chau, a leading steel manufacturer specialising in
high quality steel products, on July 20.
Sacombank, one of the country’s leading banks, will invest 7 per cent in the
steel company, while real estate developer Sacomreal will take a 3 per cent
stake. Sai Gon Securities Inc advised on the deal.
Phan Thiet Fish Sauce to be
BINH THUAN — The National Office of Intellectual Property of Viet Nam has
issued Phan Thiet Fish Sauce with a certificate of origin.
According to decision No 364/QD-SHTT, Phan Thiet Fish Sauce, which is
produced in the city of Phan Thiet in Binh Thuan
Province, will become the
property of the State.
The province is also well-known for the Binh Thuan Blue Dragon brand.
Military Bank profit at
HA NOI — The Military Bank (MB) has reported a mid-year profit of VND318
billion (US$19.9 million), while total assets grew 61 per cent to VND19
trillion (US$1.2 billion).
Earnings were helped along by a number of co-operation agreements with large
corporations including Lilama, Ha Noi Housing Investment and Development, and
The State bank hopes to operate 65 branches by the end of the year, up from
the current 48 transaction points.
Japan’s Daiwa talks over
deal with SSI
HA NOI — Daiwa Securities has entered into talks with Sai Gon Securites Inc
(SSI) on a co-operation agreement after the Japanese firm acquired a 1.25 per
cent stake in SSI for US$10.8 million.
Under discussion, the two companies will carry out research on joint
investment products, offer training courses and organise roadtrips to Japan aimed at
introducing the Vietnamese market to investors. Daiwa Securities has also
decided to open a Ha Noi representative office.
SSI is in the process of submitting documents to market regulators to issue
an additional 30 million shares on August 5 as part of a dividend payment.
Nine companies to list on Ha
HA NOI — Nine companies have sent financial
documents and applications to the Ha Noi Securities Trading Centre to list on
PV Gas North was among three companies yesterday that submitted documents to
authorities, and is the biggest with VND135 billion in charter capital. The
other two are Lam Dong Food Company worth VND12 billion and Ngo Quyen Seafood
Export Company worth VND10 billion. Cho Lon Real Estate Co was the first
company to list on the bourse this year, increasing the number of stocks on the
exchange to 87.
An Giang Fishery to list additional shares
HCM CITY — An Giang Fishery (AGF) will list
an additional 4.9 million shares today at a face value of VND10,000.
AGF yesterday closed at VND100,000 a share. — VNS