Vinaconex signs deal with US fund

VNStockNews.com - Vinaconex Investment and Tourism Development Joint Stock Company (Vinaconex - ITC) has signed a strategic partnership with Dr John William Snow, chairman of Cerberus Capital Management Firm, a leading American investment fund. 

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Vietnam Index gains 1.06 pct, liquidity low

VNStockNews.com - The Ho Chi Minh Stock Exchange index rose 3.8 points, or 1.06 percent, to finish at 362.66 points on Wednesday. Foreigners bought 33.16 billion dong ($1.6 million) worth of stocks and their total sales were valued at 18.14 billion dong, the exchange said.

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Stocks: DIC Investment, Chuong Duong Corp., Kim Long

VNStockNews.com - Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close in Ho Chi Minh City.

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Japan Glico to take 10 pct of Kinh Do Corp.

VNStockNews.com - Japanese confectioner Ezaki Glico said on Wednesday it would take a 10 percent stake in Vietnamese sweets maker Kinh Do Corp to expand its sales channels in southeast Asia.

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SCIC Fulfills 45% Revenue Target in 2011

VNStockNews.com - State Capital Investment Corporation (SCIC) generated a revenue of of VND254 billion in 2011, meeting 45% of the year target and fall 30% from 2010, the Dau Tu Chung Khoan reported, citing SCIC’s data.

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VN-Index surges eighth day to four-week high

VNStockNews.com - Stock markets always know how to surprise investors, especially Vietnam’s stock market for advancing for eight consecutive trading sessions amid an unprecedented low cash flow.

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