GE Healthcare on a mission to innovate Vietnam’s healthcare 08:00 | 18/12/2017 On the occasion of signing a memorandum of understanding with Vietnam’s privately-run Vinmec Healthcare System, Terri Bresenham, president and CEO ... Making local healthcare ‘future-ready’ 08:00 | 18/12/2017 US’ GE Healthcare has joined forces with Vinmec Healthcare system under Vingroup to advance Vietnam’s healthcare standards. Van Mai reports. GE Healthcare becomes strategic partner of Vinmec 10:08 | 13/12/2017 GE Healthcare, the medical arm of General Electric, yesterday signed a memorandum of understanding with Vinmec Healthcare System, fostering science ... GE to drive wave of solar investment in Vietnam 1 … [Read more...] about Corporate News, Latest Business
Corporate news
VN index boosted by positive corporate news
VN index boosted by positive corporate news (17-10-2005) HCM CITY — An announcement regarding the increase in foreign ownership limit in stocks and some positive corporate news pushed the VN Index to a four-year high last Friday. It closed at 304.1, gaining 12.8 points during the week. The last time the index reached the figure was on August 17, 2001, when it closed at 321.83. While the State Securities Commission's recent announcement that foreign investors can hereafter hold up to 49 per cent of a listed company - up from the present 30 per cent - seemed to have been discounted by the market already, an announcement last week that the new limit would take effect on October 24 seemed to provide a fresh boost. The market had jumped by over 13 points on September 30. The news first broke on September 29. Other positive news coming from the market included REE's announcement last Wednesday about the completion of a private placement worth VND160 billion (US$10 million) to fund a … [Read more...] about VN index boosted by positive corporate news
Market rallies on good corporate, global news
Market rallies on good corporate, global news (14-09-2009) HA NOI — Favourable corporate news helped domestic stock indices advance last week, despite mixed trading on both the Ha Noi and HCM City bourses. On the HCM City Stock Exchange, the VN-Index increased 19.5 points ovearall last week to close at 547.99, a rise of 3.69 per cent over the previous Friday's close. Trading volumes averaged 55.3 million shares per day, down 23 per cent from the previous week's average, while the average daily turnover was VND2.4 trillion (US$134.8 million), a decline of 17 per cent. On the Ha Noi Stock Exchange, the HNX-Index also ended 1.35 per cent higher at 169.18, a slight increase of 2.26 points. Average trading value reached VND972 billion ($54.6 million), off 26 per cent from the previous week's average, as daily volumes averaged 28 million shares, a drop of 25 per cent. Newly-listed shares from Viet Nam Real Estate (VNI), Hoang Long Group (HLG) and Van Phat Hung Co (VPH) all saw … [Read more...] about Market rallies on good corporate, global news
Social News 13/12
Vietnam climbs 16 notches in transport infrastructure: WEF The availability and quality of transport infrastructure of Vietnam moved 16 steps to rank 74/138 in 2014, according to the Global Enabling Trade Report 2014 released at the recent World Economic Forum (WEF). In terms of the Enabling Trade Index (ETI), the WEF placed Vietnam at a position that is higher than other four ASEAN member countries – Laos (91st), the Philippines (96th), Cambodia (113th), and Myanmar (138th). The ETI is conducted every two years by the WEF, with a focus on the four main modes of transport: road, air, railroad and seaport infrastructures. Air connectivity and sea line connectivity are also taken into consideration by the WEF before it announces the Index. Former banker’s accomplices admit law infringement Some accomplices of Nguyen Duc Kien, former vice chairman of Asia Commercial Bank (ACB), said depositing VND718 billion at VietinBank was illegal but Kien insisted he did not … [Read more...] about Social News 13/12
Market tumbles despite good news
By Phuong Thao - The Saigon Times Daily HCMC – Positive news on another gasoline price cut earlier this week failed to boost investor sentiment on Tuesday as the stock market tumbled on the second straight losing day amid sluggish trading, driving the VN-Index down 6.21 points, or 1.48%, to close at 413.09. The market opened several points in the red and after climbing slightly to a daily high of 417.21, it reversed direction to fall back steadily for rest of the morning session. In the afternoon, trading saw further small losses and the market closed just over a point above the lows. Liquidity on the Hochiminh Stock Exchange improved as sellers turned more active in the afternoon session, reporting 43.2 million shares worth VND678 billion changing hands, up 12.2% and 9.4% against the previous day respectively. Losers far outnumbered gainers by 210 to 40, with only 11 stocks going to the ceiling prices versus 103 stocks plunging to the floor prices. Blue-chips were weaker led by … [Read more...] about Market tumbles despite good news