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Dutch firm to buy local seafood plant

Can Tho-based Binh An Seafood JSC (Bianfishco) plans to sell its fish processing plant to a finance investment corporation from the Netherlands to pay off debts to its fish providers in March, the company's CEO Tran Van Tri confirmed on March 13.

Shares continue to fall on bourses

Trades on the HCM City Stock Exchange yesterday reached only about 75 per cent of the previous day's volume, totalling just 26.2 million shares, as the VN-Index retreated by 0.6 per cent to close at 380.69 points.

Local firms eye Lao market

The Investment and Trade Promotion Centre in HCM City, together with 15 Vietnamese enterprises has studied the Laos market with a view to expanding exports and creating distribution channels for Vietnamese products through retailers.

‘A bazaar filled with cheap goods'

Solid first-half earnings from more listed companies are once again expected to attract the attention of investors in the coming week and save the market from steeper losses.

WB finances 620 mln USD for VN development

WB finances 620 mln USD for VN development

The World Bank (WB) will provide Vietnam with 620.4 million USD for five projects on healthcare services, transport, environment, poverty reduction, and energy in the country.

Blue chips fail to lift indices

Blue chips fail to lift indices

Shares in both the Hanoi and HCM City bourses on April 26 retreated after a good performance on the previous session. In HCM City , blue chips tumbled, while securities shares were heavily traded in Hanoi .

Small enterprises to get one-year tax extension

Small- and medium-sized enterprises (SMEs) will be allowed to extend their corporate income tax payments for an additional one year, under a decision issued by Prime Minister Nguyen Tan Dung with the aim to help SMEs overcome inflation and disadvantages created by the foreign exchange rate.

Blue chips steady VN-Index

The VN-Index fell from the psychological barrier of 480 points on Jan. 11, but strong gains of some major shares helped forestall further market declines, with the index only closing slight down 0.64 percent to close at 477.44.

Bank issues convertible bonds to partners

An Binh Bank (AB Bank) will issue VND600 billion (US$28.6 million) worth of convertible bonds to strategic shareholders today.

Algeria: huge potential for Vietnamese farm products

Algeria: huge potential for Vietnamese farm products

Almost all of Vietnam's key farm products shipped to Algeria are not grown in the African country

From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the