organise international electronics exhibition in Ha Noi
HA NOI — The Viet Nam
International Electrical Technology and Equipment Exhibition 2008 will be
organised between December 11 and 13 of this year in Ha Noi with the
participation of hundreds of enterprises from countries and territories
including China, Japan, South Korea, Germany, Russia and America.
Covering an area of more
than 8,000 sq.m at Giang Vo Exhibition and Fair Centre, the exhibition will
provide a setting for local and foreign electrical enterprises to meet, transfer
technology, cooperate and promote trade.
The three-day exhibition
plans to lure about 300 stalls displaying electrical equipment as well as the
achievements of the local electrical industry.
Viet Nam rolls out new Mondeo mid-sized sedan
HA NOI — Ford Viet Nam
on Monday launched the all-new Ford Mondeo, the company’s flagship mid-sized
sedan, in a bid to compete in the emerging local premium-auto market.
The car, built under the
"Kinetic design" language and imported to Viet Nam in complete built
unit (CBU) form, equipped with a 2.3 litter Duratec engine which produces 161hp
(horse power) at an engine speed of 6500rpm (revolutions per minute).
Ford Viet Nam said it
would consider assembling the new Mondeo in Viet Nam if the demand is high.
make deal with US’s VeriSign on ID protection
HCM CITY — VeriSign
Inc., a provider of Internet infrastructure services headquartered in the US,
announced a partnership with VietUnion to deliver a range of advanced identity
protection services in Viet Nam.
VietUnion Online Service
Corporation is a member of Saigon Invest Group, which specialises in industrial
park development, finance – banking, information technology and energy.
As part of the deal,
VietUnion will offer the VeriSign Identity Protection (VIP) Authentication
Service to government departments, financial services and e-commerce.
makes $16.22m in first half of year
HA NOI — Hang Xanh Auto
Service JSC (Haxaco) brought in a revenue of VND267.55 billion (US$16.22
million) in the first half of the year, an increase of VND57.81 billion over the
same period last year.
The company reported a
post-tax profit of VND9.5 billion, 66.85 per cent higher than the same period
This year, the company
expects to earn VND593.16 billion in revenue and VND13.38 billion in post-tax
releases 30 million shares in first offer
HA NOI — Phu Nhuan Gold,
Silver and Gemstone JSC (PNJ) has applied to the HCM City Stock Exchange for an
initial public offering (IPO) of 30 million shares.
The company has a charter
capital of VND300 billion (US$18.18 million), offering appraisals on diamonds
and gemstone, production and trading of gold pieces and gold, silver and
gemstone jewellery, and owns some rental property.
pays 6 per cent dividend starting Oct 1
HA NOI — Sai Gon Garment
Manufacturing and Trading JSC (GMC) will pay a dividend of 6 per cent for the
first period of 2008 in cash starting October 1.
GMC has a charter capital
of VND46.7 billion (US$2.83 million). The company produces, trades and exports
garment products and provides services in investment, finance and enterprise
releases first half business results
HA NOI — Dong Do Marine
JSC (DDM) gained VND131 billion (US$7.94 million) in revenue in the first half
of the year, 41 per cent higher than the same period last year.
The company reported that
it earned VND49.97 billion in post-tax profit, an increase of 238.52 per cent.
This year, the company
expects a total revenue of VND298 billion and a profit of VND46.37 billion.
Rong Insurance issues shares to boost capital
HA NOI — Nha Rong
Insurance JSC will publicly offer 34.72 million shares with a total value of
VND347.2 billion (US$21.04 million) and a face value of VND10,000 per share.
The company is issuing the
shares to help increase its charter capital and financial ability in the
Last year, the company
gained a pre-tax profit of VND24.26 billion, 68 per cent higher than the
previous year and a post-tax profit of VND18.32 billion, an increase of 71 per
cent. — VNS