Vinpearl’s targets growth of 356pct in profit in 2011

The southern bourse-listed Vinpearl Joint Stock Co (coded VPL) has lately approved the 2011 business targets with total revenue of 1.949 trillion dong, after tax profit of 545.6 billion dong, increasing by 73 percent and 356.5 percent respectively against that of 2010 In addition, in the annual shareholders meeting held last weekend, the company’s shareholders also passed the plan of not paying 2010 dividend but using all the after tax profit of 130 billion dong for supplementing working capital. Vinpearl planned to finish construction works on infrastructure facilities of Vinpearl Nha Trang Luxury Resort for putting into operation in time in May 2011. This will be the first five-star international hotel in Vietnam so far

Asian markets slip as China moves rates up again

Asian markets were mostly lower Wednesday following a hike in interest rates by China, a downgrade of Portugal’s credit rating and signals from the Federal Reserve that it does not plan to expand its stimulus program. Losses were limited though, as the first signs of progress appeared in Japan’s frantic battle to contain a toxic radiation leak from a nuclear power plant that was thrown offline after a devastating earthquake and tsunami on March 11

Toyota Vietnam technical flaws spark public outrage

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Vietnam plans to export workers

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Vietnam commodity exchange chooses Patsystems

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129 foreigners get transaction codes in Mar

Up to the end of March, Vietnam Securities Depository centre (VSD) has granted transaction codes for 15,120 foreign investors, including 1,515 institutional investors and 13,605 individuals. In March alone, there were 129 foreigners being granted the transaction codes, including 26 institutions and 103 individuals.

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