Vietnam Opportunities +++

von Merrill Lynch. Wer weiss wo dieses Zertifikat zu finden ist? Ich habe auch vergebens gesucht.

Gruß templer  

HaSTC - Daily trading summary dated 26 Jan. 2007
Date 1/26/2007 Source SSI Related Stocks
 

                      DAILY TRADING SUMMARY

IN HANOI SECURITIES TRADING CENTER

Session 303- Date: 26/01/2007



I.       STOCK TRADING:



HASTC Index
          

317.66
§
Trading volume  (shares)
          

1,848,,900
§
Trading value (VND)
          

154,872,680,000

§

-          HASTC Index closed at 317.66 gained 1.05 points (+0.33%) compared to last session.

-          Total stock trading value was VND 154,872 million, of which put through trading value was VND 6,655 million  

Habe mich mal bezüglich Vietnam auf dem Comdirect-Forum umgesehen. Hier steht viel Mist, doch auch einiges interessante.

Der Fonds Vietnam Opportunities, von VinaCapital, hatte per 31.12.06 ein Aufgeld gegenüber dem NAV (Wert der Fondsbeteiligungen) von ca. 65% (fünfundsechzig!), was er auch schon vor etwa 1 1/2 Jahren einmal hatte (Quelle F+W).

An alle interessierten Vietnam-Fans: Ich möchte hier auf keinen Fall eine negetive Vietmanstimmung verbreiten, Das fernöstliche Land am Mekongdelta ist mein Top-Favorit für die nächsten 10 Jahre. Nur, man muss die Investments hier sorgfältig auswählen. Wenn bald in Paris, London oder Frankfurt einige der mittlerweile 110 vietnamesischen Aktien der Vietman Stock Exchange handelbar sind, werden sich die Aufgelder der Fonds drastich reduzieren.

Folgende Infos kann ich nicht bestätigen, sie könnten jedoch stimmen:
1. bei allen Fonds mit ISIN-Beginn KYG... wird der Kurs ausschliesslich nach Angebot und Nachfrage bestimmt, nicht nach dem NAV.
2. Beim Verkauf eines "KYG" Fonds über eine deutsche Bank, werden von dieser 30% Pauschalsteuern auf die Verkaufssumme abgezogen.
  Den NAV kann man angeblich (habe es nicht überprüft) monatlich an der Londoner Börse über einen Link auf der VinaLand Seite sehen.
  Infos zur Pauschalversteuerung (habe es nicht überprüft): "Mehrbetragsberechnungen gemäss §InvStG" www.jblaustein.de/finanzen/intranspfonds.html

Bei Zertifikaten entfällt dieser Steuerabzug.

Momentan kenne ich nur 3 Zertifikate

Zertifikat auf den Vietnam Opportunity (LB Berlin) WKN 710528
    das Underlying ist der Vietnam Opport. Fonds (damit das gleiche Aufgeld)

Dt. Bank Basket Vietnam Top Selekt WKN DB6GSC
   der Basket besteht aus 10 Standartwerten (diese Selektionsauswahl ist proble-
   matisch, obwohl Anpassungen gegen Gebühr erfolgen)

DWS GO Vietnam Index Zertifikat WKN DWS0GB
   das Underlying ist ein DWS-eigener Index (meines Erachtens das beste Zertifikat)
   Das aktiv gemanagte DWS GO Endloszertifikat, das auf einem eigenen Total-Return-
   Index wachstumsstarker Firmen beruht, der immer wieder angepasst wird und
   Dividenden reinvestiert, verspricht die beste Performance.

Neu hinzu kommt mit Zeichnungsschluss 2. Febr. das Zertifikat von Merrill Lynch
   ISIN XS0283939469 (momentan keine weiteren Informationen, siehe Thread von skunk.works "VIETNAM - Good Morning Vietnam" Posting von tomtom123x vom 26.1.)

Das Aufgeld des VOF hat sich zuletzt stark abgebaut.

Es gibt zwei Börsen in 'Vietnam
   Hauptbörse in Ho Chi Minh City (Saigon) ca. 110 AG´s VNI Index
   Nebenbörse in Hanoi fungiert als Over-the Counter-Markt HASTC Index

Wünsche allen Vietnam-Investoren viel Glück und Erfolg

Gruß templer

   


 

HSBC doubles its stake in Vietnamese bank
Hongkong and Shanghai Banking Corp will pay US$71.5 million (HK$557.7 million) to double its stake to 20 percent in Hanoi-based Vietnam Techcombank, the country's third-largest joint- stock lender

viel Glück  

Standard Chartered has "capitalized far more on M&A opportunities in the region [than HSBC] after the 1997-1998 Asia banking crisis," investment bank Goldman Sachs said in a report.

A top executive in HSBC's Vietnam operations, however, is worried about a bubble being formed in the country owing to a large influx of capital, which is "too much coming too quickly."

"I am not sure there is enough good investment at this stage in the country to absorb this money," Alain Cany, HSBC's president for Vietnam, told Reuters.

"I am concerned because I see more people coming and more and more money coming."

Cany said the country itself has only changed a little, but the "perception of Vietnam has changed dramatically in the last six months."  

VN Index
995.55

     

  +20.79
  +2.13%  

hervorragende Zahlen
Spitzenwert weltweit


Wirtschaftsnews - 26.01.07
Vietnam: Industrieproduktion soll um 26 Prozent steigen


Hanoi 26.01.07 (emfis.com) Das Hauptstatistikamt Vietnams geht davon aus, dass die Industrieproduktion des Landes in diesem Januar um 26 Prozent steigen dürfte. Das Produktionsvolumen würde damit bei 46,16 Billionen Dong oder 2,86 Milliarden Dollar liegen. Im Vorjahr sei nur ein Zuwachs von 15,7 Prozent erzielt worden. Wie die Behörde erklärte, sei die Erdgas-Förderung des Landes im Januar um 48,7 Prozent angewachsen, der Kohleabbau sei um 35 Prozent gestiegen.

Für das Gesamtjahr 2007 werde gegenüber dem Vorjahr ein Anstieg der Industrieproduktion um 17,1 Prozent erwartet. Dabei werde die Produktion des privaten Sektors um 24,1 Prozent zulegen. Die Unternehmen mit ausländischen Anteilseignern sollten einen Zuwachs von 18,5 Prozent erzielen können.


Quelle: EMFIS.COM, Autor: (gh)  

VN Index
1041.33 +18.93 +1.85%  

Symbol Close Change % Change Vol.
       ABT   138,000§  -2000  -1.43% 20,540
       AGF   137,000§   5000   3.79% 49,180
       ALT    68,000§0 0.00% 8,300
       BBC    51,500§   500   0.98% 120,180
       BBT    17,700§   800   4.73% 216,600
       BHS    47,000§0 0.00% 71,060
       BMC   135,000§   5000   3.85% 70
       BMP   251,000§   11000   4.58% 118,550
       BPC    27,000§   1000   3.85% 12,800
       BT6    61,000§0 0.00% 54,070
       BTC    14,400§  -200  -1.37% 6,020
       CAN    26,000§  -500  -1.89% 18,960
       CII    76,000§   3500   4.83% 94,760
       CLC    51,000§   500   0.99% 8,740
       COM    51,000§   2000   4.08% 39,370
       CYC    15,000§0 0.00% 13,390
       DCT    27,500§  -500  -1.79% 38,270
       DHA    72,000§0 0.00% 74,620
       DHG   273,000§   3000   1.11% 17,810
       DIC    36,000§   200   0.56% 9,790
       DMC   143,000§   4000   2.88% 53,230
       DNP    51,000§   2200   4.51% 20,990
       DPC    48,000§  -1000  -2.04% 59,830
       DRC   142,000§   6000   4.41% 43,200
       DTT    54,500§   2500   4.81% 37,660
       DXP    46,000§  -400  -0.86% 3,120
       FMC    93,000§   4000   4.49% 44,050
       FPC    35,800§   1700   4.99% 15,800
       FPT   645,000§   15000   2.38% 310,330
       GIL    68,000§0 0.00% 62,530
       GMC    56,000§  -1500  -2.61% 10,520
       GMD   181,000§   8000   4.62% 217,870
       HAP    64,500§   3000   4.88% 31,630
       HAS    70,500§   500   0.71% 46,700
       HAX    36,400§   1700   4.90% 11,120
       HBC    89,000§0 0.00% 17,060
       HBD    29,400§0 0.00% 0
       HMC    30,000§  -500  -1.64% 19,980
       HRC   242,000§   11000   4.76% 1,060
       HTV    32,000§   500   1.59% 36,550
       IFS    39,000§  -1000  -2.50% 72,820
       IMP   138,000§   6000   4.55% 100,630
       ITA   140,000§  -1000  -0.71% 255,010
       KDC   220,000§   8000   3.77% 189,890
       KHA    27,000§   600   2.27% 97,110
       KHP    30,500§  -500  -1.61% 143,960
       LAF    14,700§0 0.00% 33,810
       LBM    20,500§  -500  -2.38% 7,370
       LGC    64,000§   1000   1.59% 6,500
       MCP    32,300§  -1700  -5.00% 8,580
       MCV    45,000§   300   0.67% 16,530
       MHC    43,500§   2000   4.82% 8,360
       NAV   126,000§   6000   5.00% 34,670
       NHC    40,000§   1000   2.56% 9,070
       NKD   185,000§   5000   2.78% 157,280
       NSC    48,900§  -100  -0.20% 36,330
       PAC    51,500§   2200   4.46% 79,740
       PGC    73,500§   3500   5.00% 150,640
       PJT    44,800§0 0.00% 24,030
       PMS    29,400§   1400   5.00% 23,780
       PNC    23,100§  -100  -0.43% 15,800
       PPC    90,500§  -4500  -4.74% 71,380
    PRUBF1    14,700§   100   0.68% 597,910
       PVD   292,000§   13000   4.66% 388,540
       RAL   112,000§0 0.00% 64,190
       REE   215,000§   5000   2.38% 416,270
       RHC    49,500§   2300   4.87% 6,460
       SAF    38,500§   1800   4.90% 2,020
       SAM   224,000§   10000   4.67% 122,580
       SAV    60,000§   2500   4.35% 53,300
       SCD    40,000§  -800  -1.96% 27,650
       SFC    58,000§   2500   4.50% 25,950
       SFI   183,000§   8000   4.57% 17,050
       SFN    54,500§  -2500  -4.39% 2,750
       SGC    46,800§   100   0.21% 27,680
       SGH    67,500§   3000   4.65% 300
       SHC    33,000§   1500   4.76% 3,750
       SJ1    46,600§  -2400  -4.90% 5,090
       SJD    54,000§   2500   4.85% 236,870
       SJS   332,000§   15000   4.73% 85,900
       SMC    56,000§   1000   1.82% 119,230
       SSC    85,000§   2000   2.41% 49,080
       STB    98,000§  -2000  -2.00% 837,230
       TAC    61,500§   500   0.82% 40,530
       TCR    34,000§  -1000  -2.86% 74,680
       TCT    66,000§   3000   4.76% 30,210
       TDH   208,000§   9000   4.52% 65,820
       TMC    49,000§   1000   2.08% 29,840
       TMS    72,000§   1500   2.13% 109,670
       TNA    42,000§   1300   3.19% 11,680
       TRI    38,500§   1800   4.90% 67,840
       TS4    38,300§   1800   4.93% 14,160
       TTC    16,000§0 0.00% 28,320
       TTP    91,000§   3000   3.41% 162,710
       TYA    65,000§   3000   4.84% 42,610
       UNI    41,500§0 0.00% 10,600
       VFC    35,800§   1700   4.99% 26,990
    VFMVF1    42,600§   100   0.24% 562,850
       VGP    41,000§   100   0.24% 12,130
       VID    57,000§  -2500  -4.20% 29,890
       VIP    85,000§   4000   4.94% 86,900
       VIS    43,800§   2000   4.78% 15,110
       VNM   175,000§  -1000  -0.57% 179,120
       VPK    21,500§0 0.00% 5,010
       VSH    82,500§   3500   4.43% 324,070
       VTA    17,500§   400   2.34% 7,730
       VTB    70,000§   3000   4.48% 30,050
       VTC    49,000§   2000   4.26% 35,190  

VN Index
1049.32 7.99 0.77%

       ABT   140,000§    2000      1.45%   25,830
       AGF   137,000§0 0.00% 89,340
       ALT    68,000§0 0.00% 5,230
       BBC    50,000§  -1500  -2.91% 98,530
       BBT    18,500§   800   4.52% 253,170
       BHS    46,000§  -1000  -2.13% 78,300
       BMC   141,000§   6000   4.44% 30
       BMP   250,000§  -1000  -0.40% 121,040
       BPC    27,000§0 0.00% 29,690
       BT6    61,000§0 0.00% 36,220
       BTC    14,500§   100   0.69% 11,590
       CAN    26,000§0 0.00% 9,270
       CII    79,500§   3500   4.61% 415,320
       CLC    51,000§0 0.00% 5,400
       COM    53,500§   2500   4.90% 41,660
       CYC    14,300§  -700  -4.67% 39,410
       DCT    27,000§  -500  -1.82% 50,480
       DHA    72,000§0 0.00% 87,530
       DHG   270,000§  -3000  -1.10% 10,970
       DIC    36,000§0 0.00% 9,900
       DMC   145,000§   2000   1.40% 57,590
       DNP    53,500§   2500   4.90% 22,400
       DPC    45,600§  -2400  -5.00% 39,520
       DRC   149,000§   7000   4.93% 150,900
       DTT    57,000§   2500   4.59% 49,850
       DXP    45,000§  -1000  -2.17% 9,190
       FMC    90,000§  -3000  -3.23% 21,620
       FPC    37,500§   1700   4.75% 36,110
       FPT   620,000§  -25000  -3.88% 114,910
       GIL    70,000§   2000   2.94% 60,550
       GMC    55,500§  -500  -0.89% 16,450
       GMD   190,000§   9000   4.97% 593,280
       HAP    67,500§   3000   4.65% 322,790
       HAS    68,000§  -2500  -3.55% 35,090
       HAX    38,200§   1800   4.95% 8,150
       HBC    90,000§   1000   1.12% 27,260
       HBD    29,400§0 0.00% 1,000
       HMC    31,500§   1500   5.00% 24,060
       HRC   254,000§   12000   4.96% 2,670
       HTV    33,600§   1600   5.00% 56,450
       IFS    40,000§   1000   2.56% 47,700
       IMP   138,000§0 0.00% 75,240
       ITA   145,000§   5000   3.57% 340,530
       KDC   231,000§   11000   5.00% 110,840
       KHA    27,000§0 0.00% 138,490
       KHP    30,000§  -500  -1.64% 82,820
       LAF    14,400§  -300  -2.04% 27,480
       LBM    20,500§0 0.00% 6,490
       LGC    64,000§0 0.00% 100
       MCP    32,300§0 0.00% 200
       MCV    47,000§   2000   4.44% 28,060
       MHC    45,600§   2100   4.83% 39,470
       NAV   122,000§  -4000  -3.17% 10,480
       NHC    42,000§   2000   5.00% 6,650
       NKD   185,000§0 0.00% 28,000
       NSC    48,500§  -400  -0.82% 21,330
       PAC    51,500§0 0.00% 48,750
       PGC    77,000§   3500   4.76% 230,620
       PJT    42,900§  -1900  -4.24% 19,600
       PMS    30,800§   1400   4.76% 73,230
       PNC    23,000§  -100  -0.43% 6,520
       PPC    95,000§   4500   4.97% 2,037,090
    PRUBF1    14,600§  -100  -0.68% 476,210
       PVD   278,000§  -14000  -4.79% 222,470
       RAL   112,000§0 0.00% 30,030
       REE   210,000§  -5000  -2.33% 336,450
       RHC    51,500§   2000   4.04% 21,180
       SAF    40,400§   1900   4.94% 1,810
       SAM   230,000§   6000   2.68% 249,170
       SAV    61,000§   1000   1.67% 48,410
       SCD    41,000§   1000   2.50% 24,100
       SFC    56,000§  -2000  -3.45% 22,870
       SFI   183,000§0 0.00% 23,290
       SFN    52,000§  -2500  -4.59% 4,260
       SGC    46,000§  -800  -1.71% 11,550
       SGH    70,500§   3000   4.44% 3,490
       SHC    34,600§   1600   4.85% 3,260
       SJ1    44,300§  -2300  -4.94% 14,970
       SJD    56,500§   2500   4.63% 175,390
       SJS   348,000§   16000   4.82% 100,100
       SMC    55,000§  -1000  -1.79% 61,660
       SSC    86,000§   1000   1.18% 35,160
       STB    96,000§  -2000  -2.04% 759,030
       TAC    61,500§0 0.00% 28,080
       TCR    35,500§   1500   4.41% 128,180
       TCT    65,000§  -1000  -1.52% 5,390
       TDH   218,000§   10000   4.81% 240,130
       TMC    49,000§0 0.00% 10,500
       TMS    68,500§  -3500  -4.86% 20,400
       TNA    42,000§0 0.00% 6,400
       TRI    40,400§   1900   4.94% 95,080
       TS4    40,200§   1900   4.96% 52,640
       TTC    16,000§0 0.00% 3,670
       TTP    91,000§0 0.00% 121,580
       TYA    68,000§   3000   4.62% 59,030
       UNI    41,500§0 0.00% 17,910
       VFC    37,500§   1700   4.75% 151,830
    VFMVF1    41,500§  -1100  -2.58% 342,090
       VGP    42,000§   1000   2.44% 3,260
       VID    54,500§  -2500  -4.39% 10,630
       VIP    83,000§  -2000  -2.35% 104,400
       VIS    45,000§   1200   2.74% 7,900
       VNM   183,000§   8000   4.57% 885,000
       VPK    21,600§   100   0.47% 12,300
       VSH    83,000§   500   0.61% 526,370
       VTA    17,500§0 0.00% 27,250
       VTB    69,000§  -1000  -1.43% 9,900
       VTC    51,000§   2000   4.08% 27,300  

VN Index
1049.32
    Symbol     Close    Change§% Change Vol.
       ABT   140,000§   2000   1.45% 25,830
       AGF   137,000§0 0.00% 89,340
       ALT    68,000§0 0.00% 5,230
       BBC    50,000§  -1500  -2.91% 98,530
       BBT    18,500§   800   4.52% 253,170
       BHS    46,000§  -1000  -2.13% 78,300
       BMC   141,000§   6000   4.44% 30
       BMP   250,000§  -1000  -0.40% 121,040
       BPC    27,000§0 0.00% 29,690
       BT6    61,000§0 0.00% 36,220
       BTC    14,500§   100   0.69% 11,590
       CAN    26,000§0 0.00% 9,270
       CII    79,500§   3500   4.61% 415,320
       CLC    51,000§0 0.00% 5,400
       COM    53,500§   2500   4.90% 41,660
       CYC    14,300§  -700  -4.67% 39,410
       DCT    27,000§  -500  -1.82% 50,480
       DHA    72,000§0 0.00% 87,530
       DHG   270,000§  -3000  -1.10% 10,970
       DIC    36,000§0 0.00% 9,900
       DMC   145,000§   2000   1.40% 57,590
       DNP    53,500§   2500   4.90% 22,400
       DPC    45,600§  -2400  -5.00% 39,520
       DRC   149,000§   7000   4.93% 150,900
       DTT    57,000§   2500   4.59% 49,850
       DXP    45,000§0 0.00% 9,190
       FMC    90,000§  -3000  -3.23% 21,620
       FPC    37,500§   1700   4.75% 36,110
       FPT   620,000§  -25000  -3.88% 114,910
       GIL    70,000§   2000   2.94% 60,550
       GMC    55,500§  -500  -0.89% 16,450
       GMD   190,000§   9000   4.97% 593,280
       HAP    67,500§   3000   4.65% 322,790
       HAS    68,000§  -2500  -3.55% 35,090
       HAX    38,200§   1800   4.95% 8,150
       HBC    90,000§   1000   1.12% 27,260
       HBD    29,400§0 0.00% 1,000
       HMC    31,500§   1500   5.00% 24,060
       HRC   254,000§   12000   4.96% 2,670
       HTV    33,600§   1600   5.00% 56,450
       IFS    40,000§   1000   2.56% 47,700
       IMP   138,000§0 0.00% 75,240
       ITA   145,000§   5000   3.57% 340,530
       KDC   231,000§   11000   5.00% 110,840
       KHA    27,000§0 0.00% 138,490
       KHP    30,000§  -500  -1.64% 82,820
       LAF    14,400§  -300  -2.04% 27,480
       LBM    20,500§0 0.00% 6,490
       LGC    64,000§0 0.00% 100
       MCP    32,300§0 0.00% 200
       MCV    47,000§0 0.00% 28,060
       MHC    45,600§   2100   4.83% 39,470
       NAV   122,000§  -4000  -3.17% 10,480
       NHC    42,000§   2000   5.00% 6,650
       NKD   185,000§0 0.00% 28,000
       NSC    48,500§  -400  -0.82% 21,330
       PAC    51,500§0 0.00% 48,750
       PGC    77,000§   3500   4.76% 230,620
       PJT    42,900§  -1900  -4.24% 19,600
       PMS    30,800§   1400   4.76% 73,230
       PNC    23,000§  -100  -0.43% 6,520
       PPC    95,000§0 0.00% 2,037,090
    PRUBF1    14,600§  -100  -0.68% 476,210
       PVD   278,000§  -14000  -4.79% 222,470
       RAL   112,000§0 0.00% 30,030
       REE   210,000§  -5000  -2.33% 336,450
       RHC    51,500§   2000   4.04% 21,180
       SAF    40,400§   1900   4.94% 1,810
       SAM   230,000§   6000   2.68% 249,170
       SAV    61,000§   1000   1.67% 48,410
       SCD    41,000§   1000   2.50% 24,100
       SFC    56,000§  -2000  -3.45% 22,870
       SFI   183,000§0 0.00% 23,290
       SFN    52,000§  -2500  -4.59% 4,260
       SGC    46,000§  -800  -1.71% 11,550
       SGH    70,500§   3000   4.44% 3,490
       SHC    34,600§   1600   4.85% 3,260
       SJ1    44,300§0 0.00% 14,970
       SJD    56,500§   2500   4.63% 175,390
       SJS   348,000§   16000   4.82% 100,100
       SMC    55,000§  -1000  -1.79% 61,660
       SSC    86,000§   1000   1.18% 35,160
       STB    96,000§  -2000  -2.04% 759,030
       TAC    61,500§0 0.00% 28,080
       TCR    35,500§0 0.00% 128,180
       TCT    65,000§  -1000  -1.52% 5,390
       TDH   218,000§   10000   4.81% 240,130
       TMC    49,000§0 0.00% 10,500
       TMS    68,500§  -3500  -4.86% 20,400
       TNA    42,000§0 0.00% 6,400
       TRI    40,400§   1900   4.94% 95,080
       TS4    40,200§   1900   4.96% 52,640
       TTC    16,000§0 0.00% 3,670
       TTP    91,000§0 0.00% 121,580
       TYA    68,000§   3000   4.62% 59,030
       UNI    41,500§0 0.00% 17,910
       VFC    37,500§   1700   4.75% 151,830
    VFMVF1    41,500§  -1100  -2.58% 342,090
       VGP    42,000§   1000   2.44% 3,260
       VID    54,500§  -2500  -4.39% 10,630
       VIP    83,000§  -2000  -2.35% 104,400
       VIS    45,000§   1200   2.74% 7,900
       VNM   183,000§   8000   4.57% 885,000
       VPK    21,600§   100   0.47% 12,300
       VSH    83,000§   500   0.61% 526,370
       VTA    17,500§0 0.00% 27,250
       VTB    69,000§  -1000  -1.43% 9,900
       VTC    51,000§   2000   4.08% 27,300  

Deutsche Bank to buy into Habubank

(02-02-2007)

HA NOI — Deutsche Bank AG signed an agreement yesterday to buy up to 20 per cent of the Ha Noi Building Commercial Joint Stock Bank (Habubank), pending a revision of Viet Nam’s banking laws.

Under current legislation, the German lender is only allowed to purchase a 10 per cent stake in Habubank, something it is prepared to do if lawmakers do not change foreign ownership regulations.

"They desire a 20 per cent stake in Habubank, but current regulations do not allow that. They will acquire more when the Government and the State Bank of Viet Nam change their policy," a senior official of Habubank said.

Financial terms of the deal have not been disclosed.

The two banks will enter a strategic co-operation, which include joint exploration of potential partnership in areas such as credit cards, affluent banking and the development and distribution of investment products.

Deutsche Bank is also committed to providing technical support and expertise to Habubank in the areas of treasury and risk management.

"I believe that the deal will increase the value of shares," another official of Habubank said.

"Deutsche Bank is the first foreign shareholder of our bank and they are really strong in investment."

According to Rainer Neske, the global head of private and business clients of Deutsche Bank, the bank believes in the growth potential of Viet Nam. In a partnership approach with Habubank, they will leverage their retail banking expertise to participate in the development of Viet Nam’s market.

Deutsche Bank’s investment in Habubank represents another step in further strengthening and expanding their existing retail franchise in the Asia-Pacific region.

"In Habubank we will have a strong and respected strategic partner in Viet Nam, which is an important growth market for Deutsche Bank in the Asia-Pacific region," Colin Grassie, the chief executive of Deutsche Bank Asia Pacific, said

Deutsche Bank has been in Viet Nam since 1992 and currently operates a branch in HCM City.

In signing the partnership agreement, Habubank aims to increase stock values for its shareholders in anticipation of the global integration of Viet Nam’s banking industry.

In 2006, Habubank saw growth in all fields ranging from 50 per cent to over 100 per cent. Total assets of the bank have reached a new height of nearly VND12 trillion (US$750 million), and a chartered capital of VND1 trillion ($167 million). It was recently awarded "Viet Nam Bank of the Year 2006" by Banker magazine. — VNS  

PM Dung lauds local export enterprises

The Lao Bao Border Gate, bordering Laos in the central province of Quang Tri, attracts investments from both domestic and foreign businesses. — VNS Photo

HA NOI — Businesses have to make efforts to achieve the 2007 export growth target of 20 per cent for a GDP growth of 8.5 per cent, said Prime Minister Nguyen Tan Dung yesterday at a national conference in Ha Noi.

PM Dung was speaking after presenting the Prestigious Exporting Enterprises for Three Consecutive Years award, along with Minister of Trade Truong Dinh Tuyen, to 141 domestic enterprises.

The two-day meeting, which was attended by top trade officials, representatives from cities and provinces and various enterprises, reviewed the nation’s export and import activities in 2006, put forward a detailed target for 2007 and hailed last year’s prestigious exporting enterprises.

Speaking at the meeting, Dung lauded the efforts of exporting enterprises, associations and the trade ministry which resulted in an export turnover of nearly US$40 billion 2006, an increase of 22.1 per cent over 2005, exceeding the government’s growth target of 16.4 per cent. He said exports accounted for as much as 60 per cent of the nation’s GDP, and contributed to the growth of the whole economy in 2006.

"In 2006, exports significantly contributed to the national economic growth in terms of reaching unexpected export turnover, developing the domestic market and boosting the economic integration process," Dung said.

In order to meet the ambitious target of 20 per cent export growth in 2007, the PM mentioned various measures, including the two key tasks of boosting administrative reforms, improving the state’s management mechanism to create the favourable conditions for exporting enterprises and expanding trade promotion activities.

He added that the trade industry in 2007 had to take full advantage of the global economic integration achievements of 2006, World Trade Organisation (WTO) membership and granting of the Permanent Normal Trade Relations by the US.

Dung also asked the trade ministry to give importance to the domestic market by stimulating both production and consumption, protecting customers from risks like a sudden rise in the consumer price index due to speculation and food hygiene and safety.

The trade ministry was also asked to co-ordinate and implement the government’s international integration plan in 2007 and the following years, especially urgent tasks of the Government Action Plan to sustainably develop the economy during the post WTO phase.

The PM lauded the 141 enterprises that received the prestigious exporting awards for three consecutive years, and expressed his hope of more enterprises receiving the title next year.  

VN Index
1058.71 -15.86 -1.48%

    Symbol     Close    Change§% Change Vol.
       ABT   140,000§0 0.00% 18,120
       AGF   136,000§  -6000  -4.23% 14,090
       ALT    70,000§   1000   1.45% 6,800
       BBC    50,000§0 0.00% 79,680
       BBT    19,500§   100   0.52% 342,400
       BHS    46,000§0 0.00% 95,620
       BMC   155,000§   7000   4.73% 20
       BMP   249,000§  -11000  -4.23% 93,340
       BPC    27,200§0 0.00% 11,500
       BT6    64,000§   3000   4.92% 65,680
       BTC    14,500§0 0.00% 5,500
       CAN    27,800§   1300   4.91% 23,860
       CII    86,500§   3500   4.22% 147,750
       CLC    51,000§0 0.00% 7,200
       COM    58,500§   2500   4.46% 7,100
       CYC    14,200§   600   4.41% 11,400
       DCT    29,700§   1400   4.95% 195,440
       DHA    71,000§0 0.00% 78,530
       DHG   271,000§  -1000  -0.37% 3,360
       DIC    36,000§0 0.00% 17,130
       DMC   145,000§0 0.00% 34,850
       DNP    58,500§   2500   4.46% 25,480
       DPC    41,300§  -2100  -4.84% 73,630
       DRC   157,000§   7000   4.67% 119,920
       DTT    57,000§  -2500  -4.20% 4,910
       DXP    46,000§0 0.00% 6,600
       FMC    87,000§  -2500  -2.79% 7,150
       FPC    41,200§   1900   4.83% 4,150
       FPT   599,000§  -31000  -4.92% 110,440
       GIL    73,000§  -500  -0.68% 76,740
       GMC    60,500§   2500   4.31% 27,400
       GMD   208,000§   9000   4.52% 581,740
       HAP    67,000§  -3500  -4.96% 163,470
       HAS    66,000§  -2000  -2.94% 20,760
       HAX    39,000§0 0.00% 5,270
       HBC    99,000§   4500   4.76% 60,780
       HBD    29,000§  -300  -1.02% 1,390
       HMC    34,000§   1600   4.94% 10,860
       HRC   279,000§   13000   4.89% 7,080
       HTV    35,000§  -200  -0.57% 61,200
       IFS    39,900§  -100  -0.25% 19,300
       IMP   130,000§  -5000  -3.70% 23,530
       ITA   148,000§   7000   4.96% 229,750
       KDC   220,000§  -10000  -4.35% 18,190
       KHA    28,300§   1300   4.81% 165,000
       KHP    30,700§   200   0.66% 96,690
       LAF    15,000§   200   1.35% 70,550
       LBM    21,500§   1000   4.88% 10,030
       LGC    64,500§0 0.00% 13,480
       MCP    32,000§   900   2.89% 3,460
       MCV    45,000§0 0.00% 19,360
       MHC    47,800§0 0.00% 109,190
       NAV   127,000§   5000   4.10% 25,100
       NHC    44,000§  -100  -0.23% 8,070
       NKD   180,000§  -5000  -2.70% 20,560
       NSC    47,000§  -1000  -2.08% 23,280
       PAC    54,000§   2500   4.85% 95,960
       PGC    74,000§  -3000  -3.90% 79,940
       PJT    42,000§  -2000  -4.55% 30,620
       PMS    30,000§  -100  -0.33% 20,910
       PNC    24,000§   100   0.42% 9,190
       PPC   100,000§   500   0.50% 1,664,780
    PRUBF1    14,100§  -100  -0.70% 521,780
       PVD   284,000§0 0.00% 421,520
       RAL   117,000§   5000   4.46% 122,690
       REE   211,000§  -9000  -4.09% 317,640
       RHC    56,500§   2500   4.63% 51,190
       SAF    40,100§  -2100  -4.98% 9,750
       SAM   225,000§  -11000  -4.66% 213,800
       SAV    67,000§   3000   4.69% 51,530
       SCD    43,200§   2000   4.85% 34,910
       SFC    55,000§  -1000  -1.79% 8,010
       SFI   170,000§  -4000  -2.30% 34,540
       SFN    47,000§  -2400  -4.86% 2,750
       SGC    46,000§   1400   3.14% 17,700
       SGH    72,000§  -2000  -2.70% 3,260
       SHC    33,000§   100   0.30% 16,680
       SJ1    46,500§   2200   4.97% 3,300
       SJD    55,500§  -2500  -4.31% 101,890
       SJS   383,000§   18000   4.93% 22,990
       SMC    51,000§  -2000  -3.77% 35,430
       SSC    87,000§0 0.00% 57,090
       STB    96,000§   1000   1.05% 667,550
       TAC    59,000§   500   0.85% 51,240
       TCR    34,000§0 0.00% 18,790
       TCT    70,500§   3000   4.44% 19,780
       TDH   208,000§  -10000  -4.59% 22,150
       TMC    53,500§   2500   4.90% 14,200
       TMS    68,500§0 0.00% 21,030
       TNA    40,700§  -1300  -3.10% 2,630
       TRI    44,500§   2100   4.95% 58,370
       TS4    44,300§   2100   4.98% 8,170
       TTC    17,000§   800   4.94% 16,250
       TTP    91,000§0 0.00% 40,970
       TYA    67,500§  -3500  -4.93% 379,840
       UNI    45,100§   2100   4.88% 36,810
       VFC    39,500§   1500   3.95% 123,140
    VFMVF1    41,000§  -500  -1.20% 501,920
       VGP    46,100§   2000   4.54% 26,290
       VID    55,000§  -2000  -3.51% 23,860
       VIP    85,000§0 0.00% 86,310
       VIS    43,000§  -2000  -4.44% 5,100
       VNM   183,000§  -9000  -4.69% 569,920
       VPK    22,000§   400   1.85% 20,710
       VSH    81,000§  -4000  -4.71% 117,560
       VTA    16,700§  -800  -4.57% 8,000
       VTB    68,000§0 0.00% 7,500
       VTC    55,000§   4000   7.84% 25,920  

 

Greetings stay; leider "immer" wach ;-)

Credit Suisse invests in SOEs in Vietnam
By Lara Wozniak  

The European bank forges financial ties with Vietnam's Vinashin and Vinalines.

Credit Suisse has announced that it has signed an agreement to arrange financing of up to $700 million for Vietnam Shipbuilding Industry Group (Vinashin), and a memorandum to develop a financing programme of up to $1 billion and provide other financial services for Vietnam National Shipping Lines (Vinalines).

Both documents were signed in the presence of Vietnamese prime minister Nguyen Tan Dung and Credit Suisse group chief executive officer Oswald Gruebel at Davos, which the officials were all attending.
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Vinashin is one of largest state-owned enterprises in the nation - it has 52 subsidiaries - made up of 20 shipyards and 32 companies - and it employs roughly 15,000 people. It also has shares in four other joint-venture companies, including the biggest shipyard in Southeast Asia - the Hyundai-Vinashin JV Shipyard.

The state-run Vinalines is the largest shipping firm in Vietnam and does everything from shipping to ship repair and managing port operations.

"We are pleased to work with two of Vietnam's largest companies, Vinashin and Vinalines. We believe that they are at the forefront of the rapid economic development taking place in Vietnam," says Paul Calello, Credit Suisse's Asia-Pacific chief executive officer.

Indeed, Credit Suisse forecasts the Vietnamese economy to grow by 9.2% in 2007, following an estimated 8.2% growth in 2006. And it has been heavily involved in Vietnam's development thus far. The bank was the sole bookrunner of the Socialist Republic of Vietnam's $750 million ground-breaking, debut sovereign bond issue in 2005. It has also been Vietnam's ratings advisor since 2002, assisting the country in getting its first-ever ratings from both Standard & Poor's and Fitch. Last year, Credit Suisse was awarded Securities Trading Code Certificates from the Vietnam Securities Depository, allowing the bank to engage in the trading of domestic equities, as well as government and corporate bonds.  

VN Index
1091.3 +32.67  +3.09%

    Symbol     Close    Change§% Change Vol.
       ABT   140,000§0 0.00% 16,400
       AGF   139,000§   3000   2.21% 30,350
       ALT    70,000§0 0.00% 4,680
       BBC    50,000§0 0.00% 123,170
       BBT    19,400§  -100  -0.51% 181,900
       BHS    47,500§   1500   3.26% 127,660
       BMC   162,000§   7000   4.52% 40
       BMP   250,000§   1000   0.40% 69,460
       BPC    27,300§   100   0.37% 25,170
       BT6    67,000§   3000   4.69% 11,810
       BTC    15,200§   700   4.83% 7,820
       CAN    28,000§   200   0.72% 32,980
       CII    90,500§   4000   4.62% 328,090
       CLC    51,000§0 0.00% 8,370
       COM    60,000§   1500   2.56% 42,390
       CYC    14,700§   500   3.52% 19,750
       DCT    31,100§   1400   4.71% 86,270
       DHA    71,000§0 0.00% 28,150
       DHG   270,000§  -1000  -0.37% 4,230
       DIC    36,000§0 0.00% 9,300
       DMC   139,000§  -6000  -4.14% 27,140
       DNP    56,000§  -2500  -4.27% 106,130
       DPC    43,300§   2000   4.84% 71,770
       DRC   164,000§   7000   4.46% 89,790
       DTT    54,500§  -2500  -4.39% 8,190
       DXP    44,000§  -2000  -4.35% 13,760
       FMC    87,000§0 0.00% 26,310
       FPC    43,200§   2000   4.85% 13,000
       FPT   625,000§   26000   4.34% 195,540
       GIL    70,000§  -3000  -4.11% 42,750
       GMC    60,500§0 0.00% 19,790
       GMD   198,000§  -10000  -4.81% 67,100
       HAP    67,000§0 0.00% 217,940
       HAS    67,000§   1000   1.52% 25,380
       HAX    38,000§  -1000  -2.56% 2,930
       HBC   103,000§   4000   4.04% 54,760
       HBD    29,000§0 0.00% 2,100
       HMC    35,700§   1700   5.00% 18,740
       HRC   292,000§   13000   4.66% 320
       HTV    35,000§0 0.00% 57,680
       IFS    39,900§0 0.00% 50,050
       IMP   128,000§  -2000  -1.54% 66,210
       ITA   155,000§   7000   4.73% 325,440
       KDC   231,000§   11000   5.00% 30,850
       KHA    29,700§   1400   4.95% 117,400
       KHP    30,500§  -200  -0.65% 99,460
       LAF    15,700§   700   4.67% 68,340
       LBM    22,500§   1000   4.65% 29,430
       LGC    66,500§   2000   3.10% 1,310
       MCP    32,000§0 0.00% 50
       MCV    45,000§0 0.00% 29,920
       MHC    47,000§  -800  -1.67% 102,810
       NAV   133,000§   6000   4.72% 27,930
       NHC    46,200§   2200   5.00% 24,070
       NKD   178,000§  -2000  -1.11% 50,390
       NSC    46,500§  -500  -1.06% 27,100
       PAC    56,500§   2500   4.63% 50,930
       PGC    72,000§  -2000  -2.70% 60,710
       PJT    44,100§   2100   5.00% 33,250
       PMS    30,000§0 0.00% 35,700
       PNC    24,100§   100   0.42% 15,900
       PPC   105,000§   5000   5.00% 735,900
    PRUBF1    14,100§0 0.00% 485,200
       PVD   284,000§0 0.00% 232,670
       RAL   120,000§   3000   2.56% 167,150
       REE   221,000§   10000   4.74% 313,880
       RHC    56,500§0 0.00% 40,560
       SAF    42,000§   1900   4.74% 8,000
       SAM   236,000§   11000   4.89% 270,440
       SAV    70,000§   3000   4.48% 51,630
       SCD    45,300§   2100   4.86% 18,430
       SFC    54,000§  -1000  -1.82% 5,300
       SFI   170,000§0 0.00% 22,960
       SFN    48,700§   1700   3.62% 37,030
       SGC    48,000§   2000   4.35% 15,200
       SGH    75,500§   3500   4.86% 7,330
       SHC    33,000§0 0.00% 13,830
       SJ1    48,800§   2300   4.95% 16,830
       SJD    53,500§  -2000  -3.60% 113,470
       SJS   402,000§   19000   4.96% 9,250
       SMC    53,000§   2000   3.92% 39,490
       SSC    86,000§  -1000  -1.15% 52,860
       STB    98,000§   2000   2.08% 672,460
       TAC    59,000§0 0.00% 47,970
       TCR    34,800§   800   2.35% 53,830
       TCT    67,000§  -3500  -4.96% 14,500
       TDH   210,000§   2000   0.96% 60,250
       TMC    56,000§   2500   4.67% 28,360
       TMS    67,500§  -1000  -1.46% 38,800
       TNA    40,000§  -700  -1.72% 3,230
       TRI    46,700§   2200   4.94% 30,810
       TS4    46,500§   2200   4.97% 6,850
       TTC    17,800§   800   4.71% 15,450
       TTP    89,000§  -2000  -2.20% 48,980
       TYA    64,500§  -3000  -4.44% 178,020
       UNI    47,300§   2200   4.88% 20,840
       VFC    38,900§  -600  -1.52% 52,500
    VFMVF1    42,400§   1400   3.41% 463,680
       VGP    48,400§   2300   4.99% 29,050
       VID    56,000§   1000   1.82% 20,390
       VIP    85,000§0 0.00% 104,880
       VIS    43,000§0 0.00% 5,750
       VNM   192,000§   9000   4.92% 264,770
       VPK    22,000§0 0.00% 26,100
       VSH    85,000§   4000   4.94% 293,960
       VTA    17,500§   800   4.79% 9,910
       VTB    65,000§  -3000  -4.41% 7,310
       VTC    57,500§   2500   4.55% 46,890  

VN Index
1095.75 +4.37 +0.40%  

Ich bin selber vietnamese, bin neulich in vietnam, kaum wieder zu erkennen, überall wird gebaut, Immobilien und Baubraunche explodieren!!! Immobilien Preise in Hanoi Hai Phong und Saigon ist mittlerweile genauso teuer wie in München, Hamburg. Am 17.Februar ist es neu Jahr die Ticket ist total ausgebucht. Dieses Jahr wird ganz schön gefeiert, wegen WTO Betritt.  

VN Index
1052.86 -42.89 -3.91%

       ABT   132,000§   -6000     -4.35%   17,810
       AGF   133,000§  -7000  -5.00% 16,720
       ALT    70,000§0 0.00% 9,470
       BBC    50,000§0 0.00% 69,980
       BBT    18,500§  -400  -2.12% 107,140
       BHS    50,000§   500   1.01% 179,960
       BMC   178,000§   8000   4.71% 2,900
       BMP   238,000§  -12000  -4.80% 51,800
       BPC    28,000§   500   1.82% 25,200
       BT6    66,500§  -3500  -5.00% 102,870
       BTC    16,000§   200   1.27% 10,070
       CAN    30,800§   1400   4.76% 13,750
       CII    87,000§0 0.00% 138,990
       CLC    49,500§  -1500  -2.94% 1,290
       COM    66,000§   3000   4.76% 56,450
       CYC    15,400§0 0.00% 46,130
       DCT    34,200§   1600   4.91% 456,130
       DHA    71,000§0 0.00% 60,360
       DHG   265,000§0 0.00% 5,240
       DIC    36,100§0 0.00% 17,250
       DMC   140,000§  -1000  -0.71% 36,810
       DNP    60,000§   2500   4.35% 78,110
       DPC    47,500§   2200   4.86% 6,210
       DRC   180,000§   8000   4.65% 48,440
       DTT    53,000§  -2500  -4.50% 5,790
       DXP    44,500§  -500  -1.11% 6,750
       FMC    88,000§  -1000  -1.12% 18,400
       FPC    47,500§   2200   4.86% 34,450
       FPT   604,000§  -31000  -4.88% 103,880
       GIL    69,000§   1000   1.47% 36,230
       GMC    57,000§  -2500  -4.20% 20,650
       GMD   181,000§  -9000  -4.74% 139,660
       HAP    64,500§  -3000  -4.44% 52,480
       HAS    67,000§  -3000  -4.29% 45,050
       HAX    39,000§0 0.00% 2,500
       HBC    95,000§  -5000  -5.00% 3,230
       HBD    29,800§  -200  -0.67% 2,900
       HMC    35,600§  -1800  -4.81% 13,130
       HRC   321,000§   15000   4.90% 134,660
       HTV    38,500§   1800   4.90% 23,840
       IFS    40,500§0 0.00% 60,190
       IMP   140,000§   6000   4.48% 79,680
       ITA   141,000§  -7000  -4.73% 115,570
       KDC   214,000§  -11000  -4.89% 30,450
       KHA    32,600§   1500   4.82% 83,460
       KHP    31,000§   500   1.64% 96,810
       LAF    17,200§   800   4.88% 126,120
       LBM    24,600§   1100   4.68% 29,810
       LGC    65,000§0 0.00% 3,700
       MCP    32,000§0 0.00% 1,510
       MCV    44,000§  -1500  -3.30% 28,110
       MHC    48,300§   2300   5.00% 83,350
       NAV   145,000§   6000   4.32% 51,490
       NHC    44,900§  -1100  -2.39% 7,680
       NKD   170,000§  -5000  -2.86% 25,820
       NSC    48,500§0 0.00% 61,120
       PAC    56,500§  -2500  -4.24% 57,580
       PGC    72,000§  -3500  -4.64% 138,190
       PJT    47,000§   700   1.51% 79,940
       PMS    29,500§  -400  -1.34% 21,370
       PNC    25,000§   600   2.46% 55,760
       PPC    95,000§  -5000  -5.00% 156,020
    PRUBF1    14,000§  -100  -0.71% 642,980
       PVD   270,000§  -14000  -4.93% 230,810
       RAL   125,000§  -1000  -0.79% 113,510
       REE   210,000§  -11000  -4.98% 187,360
       RHC    59,000§0 0.00% 25,610
       SAF    40,500§  -1500  -3.57% 11,750
       SAM   219,000§  -11000  -4.78% 106,140
       SAV    66,500§  -3500  -5.00% 24,800
       SCD    49,800§   2300   4.84% 115,710
       SDN    43,500§   1500   3.57% 5,880
       SFC    57,500§   2500   4.55% 30,870
       SFI   170,000§  -8000  -4.49% 23,870
       SFN    46,500§  -2000  -4.12% 5,130
       SGC    52,500§   2500   5.00% 71,910
       SGH    77,000§  -2000  -2.53% 4,140
       SHC    36,000§   1500   4.35% 61,060
       SJ1    51,000§0 0.00% 48,830
       SJD    53,500§  -2500  -4.46% 75,720
       SJS   401,000§  -21000  -4.98% 147,030
       SMC    54,500§   500   0.93% 25,900
       SSC    88,000§  -2000  -2.22% 55,420
       STB    97,000§  -3000  -3.00% 527,940
       TAC    56,000§  -1000  -1.75% 54,470
       TCR    34,000§  -600  -1.73% 36,280
       TCT    63,000§  -2000  -3.08% 8,600
       TDH   200,000§  -1000  -0.50% 47,470
       TMC    57,000§   2500   4.59% 31,300
       TMS    67,000§0 0.00% 11,350
       TNA    39,000§  -1000  -2.50% 3,700
       TRI    49,000§0 0.00% 116,700
       TS4    49,000§   200   0.41% 60,770
       TTC    19,500§   900   4.84% 42,030
       TTP    87,000§  -2500  -2.79% 87,320
       TYA    61,500§  -3000  -4.65% 106,190
       UNI    47,200§  -2400  -4.84% 22,490
       VFC    36,300§  -1700  -4.47% 41,390
    VFMVF1    40,200§  -2100  -4.96% 534,270
       VGP    53,000§   2500   4.95% 31,980
       VID    51,500§  -2500  -4.63% 14,310
       VIP    84,500§  -500  -0.59% 155,160
       VIS    43,500§0 0.00% 6,200
       VNM   190,000§  -10000  -5.00% 131,790
       VPK    22,000§   800   3.77% 34,750
       VSH    84,000§  -4000  -4.55% 164,760
       VTA    18,500§   500   2.78% 22,550
       VTB    67,000§0 0.00% 5,660
       VTC    63,000§   3000   5.00% 38,570  

VN Index
1030.9 -21.96 -2.09%

    Symbol     Close    Change§% Change Vol.
       ABT   131,000§  -1000  -0.76% 16,100
       AGF   130,000§  -3000  -2.26% 11,400
       ALT    70,000§0 0.00% 2,370
       BBC    49,500§  -500  -1.00% 121,360
       BBT    17,600§  -900  -4.86% 96,090
       BHS    47,500§  -2500  -5.00% 25,680
       BMC   186,000§   8000   4.49% 9,270
       BMP   227,000§  -11000  -4.62% 67,020
       BPC    27,500§  -500  -1.79% 14,880
       BT6    65,500§  -1000  -1.50% 45,920
       BTC    16,800§   800   5.00% 25,830
       CAN    31,500§   700   2.27% 87,890
       CII    83,000§  -4000  -4.60% 97,760
       CLC    49,500§0 0.00% 2,620
       COM    63,000§  -3000  -4.55% 10,280
       CYC    15,000§  -400  -2.60% 23,230
       DCT    32,500§  -1700  -4.97% 121,840
       DHA    69,000§  -2000  -2.82% 77,530
       DHG   266,000§   1000   0.38% 18,860
       DIC    36,000§  -100  -0.28% 22,350
       DMC   142,000§   2000   1.43% 21,630
       DNP    59,000§  -1000  -1.67% 58,910
       DPC    45,200§  -2300  -4.84% 65,390
       DRC   171,000§  -9000  -5.00% 87,630
       DTT    50,500§  -2500  -4.72% 8,200
       DXP    42,300§  -2200  -4.94% 6,970
       FMC    87,000§  -1000  -1.14% 12,210
       FPC    49,800§   2300   4.84% 238,320
       FPT   574,000§  -30000  -4.97% 194,380
       GIL    70,000§   1500   2.19% 48,500
       GMC    56,000§  -1000  -1.75% 17,940
       GMD   181,000§0 0.00% 262,720
       HAP    66,500§   2000   3.10% 235,630
       HAS    69,000§   2000   2.99% 26,880
       HAX    39,000§0 0.00% 4,590
       HBC    90,500§  -4500  -4.74% 7,370
       HBD    29,500§  -300  -1.01% 3,300
       HMC    33,900§  -1700  -4.78% 4,190
       HRC   321,000§0 0.00% 43,650
       HTV    40,400§   1900   4.94% 59,570
       IFS    40,000§  -500  -1.23% 31,990
       IMP   133,000§  -7000  -5.00% 28,970
       ITA   134,000§  -7000  -4.96% 100,610
       KDC   204,000§  -10000  -4.67% 96,200
       KHA    32,000§  -600  -1.84% 415,970
       KHP    30,700§  -300  -0.97% 57,350
       LAF    17,000§  -200  -1.16% 267,130
       LBM    25,800§   1200   4.88% 29,840
       LGC    63,000§  -2000  -3.08% 6,490
       MCP    31,000§  -1000  -3.13% 1,200
       MCV    42,200§  -1800  -4.09% 16,900
       MHC    50,000§   1700   3.52% 229,060
       NAV   152,000§   7000   4.83% 69,270
       NHC    44,000§  -900  -2.00% 1,830
       NKD   165,000§  -5000  -2.94% 40,780
       NSC    48,000§  -500  -1.03% 31,900
       PAC    54,000§  -2500  -4.42% 6,050
       PGC    61,000§  -11000  -15.28% 66,180
       PJT    47,000§0 0.00% 52,850
       PMS    29,000§  -500  -1.69% 14,200
       PNC    25,000§0 0.00% 54,000
       PPC    99,500§   4500   4.74% 995,830
    PRUBF1    13,600§  -400  -2.86% 662,870
       PVD   270,000§0 0.00% 347,640
       RAL   119,000§  -6000  -4.80% 23,520
       REE   210,000§0 0.00% 361,830
       RHC    56,500§  -2500  -4.24% 10,490
       SAF    38,500§  -2000  -4.94% 6,980
       SAM   209,000§  -10000  -4.57% 277,990
       SAV    63,500§  -3000  -4.51% 3,300
       SCD    47,500§  -2300  -4.62% 85,960
       SDN    43,500§0 0.00% 800
       SFC    55,000§  -2500  -4.35% 10,200
       SFI   170,000§0 0.00% 35,230
       SFN    44,200§  -2300  -4.95% 17,570
       SGC    50,000§  -2500  -4.76% 34,400
       SGH    76,000§  -1000  -1.30% 1,300
       SHC    36,000§0 0.00% 9,980
       SJ1    50,000§  -1000  -1.96% 7,520
       SJD    53,500§0 0.00% 45,080
       SJS   381,000§  -20000  -4.99% 20,060
       SMC    52,000§  -2500  -4.59% 15,150
       SSC    86,000§  -2000  -2.27% 24,190
       STB    97,000§0 0.00% 540,740
       TAC    55,000§  -1000  -1.79% 36,390
       TCR    34,000§0 0.00% 22,500
       TCT    66,000§   3000   4.76% 3,540
       TDH   200,000§0 0.00% 68,180
       TMC    57,000§0 0.00% 19,800
       TMS    66,000§  -1000  -1.49% 12,700
       TNA    38,500§  -500  -1.28% 4,770
       TRI    46,600§  -2400  -4.90% 11,120
       TS4    46,600§  -2400  -4.90% 21,890
       TTC    20,400§   900   4.62% 164,030
       TTP    84,000§  -3000  -3.45% 34,900
       TYA    58,500§  -3000  -4.88% 32,000
       UNI    45,500§  -1700  -3.60% 17,600
       VFC    36,300§0 0.00% 79,730
    VFMVF1    40,000§  -200  -0.50% 416,220
       VGP    50,500§  -2500  -4.72% 20,470
       VID    49,000§  -2500  -4.85% 23,550
       VIP    81,000§  -3500  -4.14% 19,550
       VIS    43,500§0 0.00% 1,350
       VNM   181,000§  -9000  -4.74% 165,450
       VPK    22,000§0 0.00% 22,510
       VSH    80,000§  -4000  -4.76% 208,530
       VTA    18,500§0 0.00% 10,440
       VTB    67,000§0 0.00% 4,600
       VTC    63,000§0 0.00% 40,100  

 

some days old..but
VN-Index falls as bulls become bearish


HCM CITY — The stock market in HCM City is finally showing signs of cooling down after a record-breaking pace in recent months.

The HCM City Securities Trading Centre’s VN Index closed yesterday at 988.86 points, down by 27.53 points compared with the previous day.

The market’s slowdown came as stocks of several blue-chip companies fell, following a sharp rise in those stocks for three months.

Investors said they believed the price adjustment occurred within a short period of time because the share volume was still large.

The number of investors in the stock market, especially those who cannot afford high-priced stocks now, are expected to increase as prices fall.

Many investors yesterday shifted from buying high-priced shares to lower-priced shares, such as BTC, COM, DCT and KHA.

Industry experts said the drop in the VN Index this month was also caused by the Government’s newly issued policies on investment activities.

One new regulation stipulates that commercial banks will not be allowed to grant loans to their own securities companies.

More caution advised

During the recent hot streak, companies that led the price increase included blue-chip companies REE, SAM, GMD, PVD and VNM, most of them heavily invested in by foreigners.

Bui Nguyen Hoan, director of the Department of the Southern Provinces’ State Securities Commission, pointed out that the stock exchange typically reacts to market supply and demand.

One way of cooling it down, he said, was to issue a high volume of attractive commodities such as shares of joint-stock companies with large chartered capital, or those of joint-stock commercial banks.

"All administrative measures from management agencies should be considered as only an auxiliary means to stabilise the market, because these measures cannot create strong changes," Hoan said.

Vu Bang, chairman of the State Securities Commission, said that investors as well as the government should remain cautious when the market was moving at a very fast rate.

Because of overactive market, the Government would delay the increase of the current 49 per cent cap on share ownership by foreigners, he said.

Tran Xuan Ha, deputy minister of finance, said many investors were complaining that the current stock market was too risky, citing the lack of transparent data on some companies.

"To effectively manage these kinds of risks, the most important thing is to have sufficient and clear legal regulations," Ha said.

He said the Securities Law and the upcoming guidelines to be issued on the law should help clarify matters. — VNS  

State bank, telecom biggie dial up growth through partnership
                    
           §
The Vietnam Post and Telecom Group (VNPT) has entered into a cooperative deal with Vietnam's third-largest commercial bank to support mutual development.

Under the deal signed Thursday in Hanoi, VNPT and Bank for Development of Vietnam (BIDV) will work together as strategic partners, each reserving a major chunk of shares for the other to purchase on a mutual basis.

The two giant state corporations will utilize services including money transfers through their network of post agents, office transactions, automatic teller machines (ATMs), phone banking and internet banking.

The leading telecoms and banking providers plan to establish fund managers in various fields including energy, telecoms, property and mining.

They will also assist each other in training staff, according to the agreement.

Both sides will act as strategic founding members of fund management companies.

A BIDV representative said the two parties had also discussed either setting up or controlling a major portion of stakes in companies involved in the country’s forthcoming key mega projects.

These comprise the express way connecting the Ho Chi Minh City – Long Thanh – Dau Giay, the Vietnam-Laos Hydropower plant, Vietnam – Cambodia Hydropower plant, and a bank for trade, industry and services of Vietnam.

BIDV and VNPT have long established a close relationship as the bank had used VNPT-sourced services in return for short, medium and long term credit and syndicated loans for telecom projects.

The new formal strategic cooperation with a leading bank will enable VNPT to expand services and develop financial operations with the telecom business.

VNPT, last year, became a member of the ASEAN Telecom Holding Company (ATH/ACASIA), one of the Association of Southeast Asian Nations (ASEAN)'s leading primary network service providers, made up of the six leading telecom providers in the region, namely CAT, Indosat, JTB, PLDT, Singtel and Telekom Malaysia.  

Vietnam warns against trading some bank shares
                    
           §
Vietnam warned investors on Thursday to steer clear of shares in four banks which have been non-operational for years, and to avoid a grey market in stock of banks that have yet to win a trading license.

Amid talk that one of the four, Viet Hoa, may soon re-open its doors after a run on deposits closed it down in the late 1990s, the central bank moved to protect investors from themselves in the red-hot financial sector.

"Recently the central bank has received much information about trading of shares in banks which have been placed under special surveillance or had their license revoked, and trading the right to buy shares of banks which have not been licensed," the central bank said in a statement.

It named four out of 38 partly private banks which were non-operational as of the end of January as Viet Hoa, Nam Do, Vung Tau and Asia-Pacific banks.

"... trading shares in these banks at this time has not sufficient legal basis", the statement said.

Trading in shares of partly-private banks has been active on Vietnam's unregulated markets after sound results in 2006 and high dividend payments of up to 50 percent in some cases, brokers said.

On the regulated market, Sacombank and Asia Commercial Bank are the only available financial investment, and their surging share prices have helped take the Ho Chi Minh City and Hanoi benchmark indexes to record highs in recent weeks.

The central bank said several organizations and individuals had plans to establish new banks, which it named as Van Phong, Tin Nghia, Lien Viet and the Oil and Gas bank, but it said the central bank has not yet licensed their operation.

The prices of bank shares have also been lifted amid moves by foreign banks to buy stakes, and as five state-run banks have been ordered to conduct initial public offerings this year and in 2008.

Next Monday state-run Bank for Foreign Trade, Vietnam's second-largest bank, will sign a contract to hire global investment bank Credit Suisse to advice on its partial privatization, banking officials said.

Deutsche Bank has been picked to advice state-run Mekong Delta Housing Development Bank for its IPO, State Bank of Vietnam Deputy Governor Phung Khac Ke told Reuters on Tuesday.

The selection of foreign consultants takes communist-run Vietnam further in its reform of the banking sector after it joined the World Trade Organization last month.

Last Thursday, Deutsche Bank said it had agreed to buy 20 percent of stake at an undisclosed value in Hanoi Building Bank, Vietnam's sixth largest partly private commercial bank.

HSBC Holdings Plc. plans to spend $71.5 million to double its stake in Techcombank to 20 percent once it is allowed to do so.

The government is expected to soon double the foreign ownership curb for an individual investor in a local bank to 20 percent.

Citigroup, Standard Chartered , ANZ , Oversea-Chinese Banking Corp. , BNP Paribas and United Overseas Bank also have business interest or hold up to 10 percent of stake in a Vietnamese bank.