Việt Nam News

Ha Long Investment and Consulting JSC has 30 million shares (HID) official listed on the HCM Stock Exchange (HoSE) in July. — Photo cafef.vn

HÀ NỘI — Hà Long Investment and Consulting JSC (Halcom) listed 30 million shares (HID) on the HCM Stock Exchange (HoSE) in July.

Based in Hà Nội since 2001, Halcom, with a charter capital of VND300 billion (US$13.4 million), is involved with consulting and investing in water supply, road and environment projects.

Currently, Halcom is investing in phase two of a water plant in Thuận Thành in Bắc Ninh Province, the Hưng Long water plant in Hưng Yên Province, and a brick production project in Lương Sơn in Hòa Bình. In addition, the company has also contributed capital for an office building project in Mỹ Đình, Hà Nội, and a BOT projects on transport and waste water treatment in Cần Thơ Province, as well as some water construction projects across Việt Nam.

According to a Halcom representative, it is the first firm to introduce the corporate compliance programme (CCP) of the World Bank, and among a few firms in Viet Nam to implement a code of conduct that promotes high transparency in all its activities.

The firm became the prime contractor implementing large projects and complex technical requirements for construction projects funded by the World Bank, as well as projects using ODA funds from the Asian Development Bank, the ministry of foreign affairs of Finland, and the Bank of Japan International Co-operation Agency (JICA).

After a week, HID rose about 10 per cent to reach VNĐ14,500 on HoSE yesterday. — VNS

Tags Vietnam HoSE shares halcom

Year-end stimulus expected to boost economic growth

Economy

UK a niche market for Vietnamese speciality coffee

Economy

Calls for reforms to shorten VAT refund wait time

Economy

Fed’s foreseen rate cuts affect foreign exchange rate

Economy

Vietnamese Goods Week 2024 opens in Hà Nội

Economy

Caution arises as State divestment strategy potentially poses risks

More on this story

Economy

LAS to issue 35m shares to raise capital

Lâm Thao Fertilizers and Chemicals JSC (LAS) would issue more than 35 million shares as bonus to its existing shareholders soon.

Economy

Deputy PM seeks out Slovakian investment

Deputy Prime Minister Vương Ðình Huệ called on Slovakian businesses to make further investments in Việt Nam during a business conference yesterday in the capital.

Economy

Pick FDI with care: Deputy PM

Deputy Prime Minister Vương Đình Huệ said Việt Nam must be selective in attracting foreign direct investment (FDI) to ensure it’s suitable for the nation’s economic restructuring and development of the private sector.

Economy

Seafood sector urges gov’t help

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has proposed solutions to the Government to resolve current difficulties and promote seafood exports.

Economy

Duties imposed on imported steel

The Ministry of Industry and Trade (MoIT) yesterday decided to impose additional tariffs on imported steel products as an official safeguard against cheap imports that were allegedly threatening the domestic industry.

Economy

Coffee legal decision unclear

A change in the legal representative of Trung Nguyên Coffee Corporation JSC will not have “a decisive impact” on operations of this firm, said lawyer Trương Thanh Đức.

Economy

Finance firms’ deposit certificates raise $1b

Finance companies have mobilised capital more effectively after the authorities let them issue deposit certificates.

Economy

Steel makers help markets rebound

Vietnamese shares recovered from a two-day decline as steel producers advanced on Government’s support and higher second-quarter performances.

Economy

Road builder proposes 10% toll fee reduction

Việt Nam Infrastructure Development and Finance Investment Joint Stock Company (VIDFI), National Highway 5's investor, has proposed a 10-per cent reduction in tolls for container trucks from next month.