Techcombank’s Performance Indications: 2011April 30, 2012 (Vietnamica) — Techcombank is not yet listed. Thus, to understand about this bank is a bit more challenging than about other listed ones. Following is some information discerned from the upcoming 2012 AGM (annual general shareholder meeting).
Apr 2012: Moody’s and Credit Ratings of Vinacomin
April 30, 2012 (Vietnamica) — VNEconomy (Apr 27) reported that Moody’s Investor Service has downgraded Vietnam National Coal – Mineral Industries Holding Company Limited (Vinacomin) with an emphasis on the loan interest burden.
April 28, 2012 (Psychology Today; Repub. by Vietnamica) — If ever we worry that our high-tech world will overpower our high touch needs, we should remember that in Vietnam, electronic mail is “two computers massaging each other.”
April 27, 2012 (Vietnamica) — Ousted Chinese Communist Party official Bo Xilai wiretapped the phone conversations of senior Chinese officials, including President Hu Jintao, the New York Times reported. When officials discovered the wiretapping, conducted by local allies of Bo in the city of Chongqing, an investigation was launched that ultimately led to Bo’s downfall. Bo was removed from power last month amid allegations that his wife orchestrated the murder of British businessman Neil Heywood.
April 25, 2012 (Vietnamica) — As the world moves into the second decade of the 21st century, a new power rivalry is taking shape between India and China, Asia’s two behemoths in terms of territory, population and richness of civilization. India’s recent successful launch of a long-range missile able to hit Beijing and Shanghai with nuclear weapons is the latest sign of this development.
Vietnam: 40/105 Securities Companies Face Financial Troubles
April 25, 2012 (Vietnamica) – Vietnam’s stock market watchdog State Securities Commission (SSC) has released that 40 securities companies are facing financial troubles. SSC has already put six companies under strict surveillance. The six are Rubber, Vina, Hanoi, Truong Son, Da Nang, and Mekong Securities.
