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Agriculture

Agriculture news

Vietnam Agriculture Insurance Revenues Remain Modest in H1

Premium revenues of agriculture insurance was modest at VND958 million in the first half of this year, accounting for 11.6% of the overall premium revenues of Vietnam’s non-life insurance sector.

Vietnam 20 Listed Firms Win High Credit Ratings Awards

Twenty companies listed on Vietnam’s two stock exchanges have been granted with awards today [August 25] for achieving high credit ratings under a competition held by the Credit Information Center (CIC) of the State Bank of Vietnam and the U.S. credit information firm Dun & Bradstreet.

CSM to Sell 200,000 Shares of PHR through Oct 27

Southern Rubber Industry JSC (Casumina- CSM) plans to sell 200,000 shares of Phuoc Hoa Rubber JSC (PHR) between August 27 and October 27.

CAP Shareholder to Buy 110,000 Shares through Oct 18

Luu Quang Hung, a major shareholder of Yen Bai Forest Agricultural and Foodstuffs JSC (CAP), plans to buy 110,000 shares of the firm between August 23 and October 18.

VDL to Pay Cash Dividend of VND1,200/share

Lam Dong Foodstuffs Joint Stock Company (VDL), listed on the Hanoi Stock Exchange, will pay an interim cash dividend of VND1,200/share to shareholders, the firm said on its website, without giving a timetable.

AAM to Pay Cash Dividend of VND1,000/share Sept 20

Mekong Fisheries JSC (AAM), listed on the Hochiminh Stock Exchange, said it will pay an interim cash dividend of VND1,000/share on record as of September 1.

Aug CPI Likely Up 0.23% On-Month, +8.18% On-Year

Vietnam’s consumer price index in August is estimated to have risen 0.23% from July, driven by higher prices of foods and education services, the government’s General Statistics Office (GSO) said Monday.

Vietnam Bank Cuts Loan Rates to 10.7%/Yr, Lowest Currently

Lien Viet Commercial Joint Stock Bank (LienVietBank) has announced to cut interest rates on dong loans to 10.7% per annum, the lowest rate being offered among banks in Vietnam currently.

BIC Posts Pretax Profit of VND38.245B in Jan-July

BIDV Insurance Company (BIC), a unit of the state-owned Bank for Investment and Development of Vietnam (BIDV), announced it made a pretax profit of VND38.245 billion on total revenues of VND413.95 billion in the first seven months of this year.

Exchanges May Stop Share Trading of Six Firms

Vietnam’s two bourses, the Hochiminh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX), may stop the stock trading of six local companies if they continue making loss in the second half of 2010.

HNM Net Profit Down 34.38% in H1

Hanoi Milk Joint Stock Company (HNM), listed on the Hanoi Stock Exchange, made a net profit of VND5.82 billion in the first half of this year, falling 34.38% from a year earlier.

GDT Net Profit Down 4% in Jan-July

Duc Thanh Wood Processing JSC (GDT) made a net profit of VND19.46 billion in the first seven months of this year, down 4% from a year earlier.

Aug 20: Vietnam Shares Lifted on Benchmark Rate Cut Rumors

Vietnam’s shares bounced back in the last session of the trading day after bottoming at 444.94 in early trade as many investors returned to buy on rumors that the central bank may cut the prime interest rate by 1%.

HAG to Issue 19M New Shares this Year

Hoang Anh Gia Lai Group (HAG), among the largest stocks on the Hochiminh Stock Exchange (HOSE), will issue an additional 19 million shares to strategic partners at a price not below VND72,000 each this year.

MSN Net Profit Soars 58.53% in H1

Masan Group (MSN), listed on the Hochiminh Stock Exchange, said it made a net profit of VND445.28 billion ($23.06 million), soaring 58.53% from a year earlier.

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