Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade BCHUSD, Bitcoin and Cryptocurrencies

BUY & SELL BCHUSD | View BCHUSD News & Updates

Buy Sell BCHUSD, Bitcoin and Cryptocurrencies

Vietnam’s Minh Phu climbs to 19-month high on fund investment   2009-09-25 - Bloomberg

Minh Phu Seafood Joint-Stock Co., Vietnam’s biggest publicly traded seafood company, climbed to the highest in 19 months in Ho Chi Minh trading after a local fund said it would increase its stake.


The shares rose by the daily limit of 5 percent, to VND35,900, the highest since Feb. 26, 2008, at 10:13 a.m. local time Friday on the Ho Chi Minh City Stock Exchange. The benchmark VN Index added 1.1 percent.

Vietnam Investment Fund, part of Hanoi-based BIDV-Vietnam Partners Investment Management Joint Venture Co., will boost its holding in Minh Phu to 7 percent by buying 990,000 shares by March 28, the company said in a statement on the exchange’s website. The fund currently has a 5.6 percent stake.

Minh Phu, based in the Mekong delta province of Ca Mau, had exports of almost $91 million in the eight months ended August, according to a statement on its website posted after the market closed Thursday. It didn’t provide any comparative figures.

Other news

Vietnam’s inflation advances for first time in a year   2009-09-25

Vietnam's Jan-Sept FDI inflows down 11 pct: report   2009-09-25

Viet-kieu are sending less money ‘home’ this year   2009-09-25

Vietnam wage increases slow as ‘red hot’ market cools   2009-09-24

Vietnam garment exports to Japan to rise 20 pct   2009-09-24

Sugarcane price doubles as cultivation declines   2009-09-24

Vietnam’s trade deficit estimated at $11 billion: report   2009-09-24

BUSINESS IN BRIEF 24/9   2009-09-24

Binh Duong counts on U.S., Europe investors for added value   2009-09-24

Cash flowing back to stock market   2009-09-24

Fuel traders call for less government control   2009-09-23

VN-Index continues climb on back of real estate stocks   2009-09-23

Banks break promises, raise interest rates   2009-09-23

Petrolimex proposes lower petroleum import tariffs   2009-09-23