PPSP reports decline in revenue, net profit

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VietStock FI English 1 month(s) ago

PPSP reports decline in revenue, net profit

Industrial park operator Phnom Penh SEZ, which became the fourth company on Cambodia’s stock exchange when it listed in May, released its audited 2015 annual report and 2016 half-year financials yesterday, reporting declines in revenue and net profit over the past 18 months on slower land sales.

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Listed firms lax on fiscal reports

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VietStock FI English 1 month(s) ago

Listed firms lax on fiscal reports

Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s commitment to enforcing basic disclosure rules.

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SE Asia stocks cautious on subdued risk sentiment; Vietnam up

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Báo Tuổi Trẻ English 1 month(s) ago

SE Asia stocks cautious on subdued risk sentiment; Vietnam up

Aug 10 - Southeast Asian stock markets were cautious on Wednesday on subdued risk sentiment, as Chinese

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New bourse rules to lure SMEs

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VietStock FI English 13 month(s) ago

New bourse rules to lure SMEs

Cambodia’s market regulator has released listing criteria for a new trading platform– with reduced accounting and capital requirements– aimed at making it easier for small- and mid-sized firms to list on the fledgling stock exchange, Sok Dara, deputy director general of the Securities and Exchange Commission of Cambodia (SECC), said yesterday.

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Vietnam forecast to sharply increase M&A activities

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VOV News English 16 month(s) ago

Vietnam forecast to sharply increase M&A activities

Vietnam is among the emerging market having high transactional growth in merger and acquisition (M&A) activities, according to a latest report released by the Baker McKenzie law firm.

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Vietnam forecast to sharply increase M&A activities

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VietnamPlus English 16 month(s) ago

Vietnam forecast to sharply increase M&A activities

Vietnam is among the emerging market having high transactional growth in merger and acquisition (M&A) activities, according to a latest report released by the Baker McKenzie law firm.

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Credit rating system helps regional SMEs’ access to finance

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VietnamPlus English 23 month(s) ago

Credit rating system helps regional SMEs’ access to finance

The Association of Southeast Asian Nation (ASEAN) has unveiled a credit rating benchmark for small and medium-sized enterprises (SMEs) in the bloc with a view to increasing their access to finance.

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VietinBank secures overseas funding

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VietNam News English 47 month(s) ago

The Viet Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) secured a loan worth 120 million euros (US$155 million) from Sumitomo Mitsui Banking Corporation (SMBC) and German Development Bank (KFW) to speed growth in 2013.

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VietinBank secures foreign banks’ loan

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VietnamPlus English 47 month(s) ago 1 related news

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has secured a loan worth 120 million EUR (155 million USD) from Sumitomo Mitsui Banking Corporation (SMBC) and German Development Bank (KFW) to realise its faster growth in 2013.

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VietinBank among world’s top 2,000 companies

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Báo Thanh Niên English 58 month(s) ago

Vietnam Joint Stock Commercial Bank for Industry and Trade, known as VietinBank, has been named by Forbes as one of the world’s 2,000 biggest companies, putting the country in the annual list for the fist time.

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Vietnam State Treasury transforms financial processes with the Oracle E-Business Suite 12.1

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Báo Đầu Tư English 57 month(s) ago

Vietnam State Treasury transforms financial processes with the Oracle E-Business Suite 12.1

Today, Oracle announced the successful deployment of Oracle E-Business Suite Financials 12.1 at the Vietnam State Treasury (VST) to standardise VST’s internal financials in compliance with Vietnam’s and international accounting standards.

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Huawei 2011 financials: 20 million smartphones sold yet profit down 53 per cent

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Báo Đầu Tư English 57 month(s) ago

Huawei 2011 financials: 20 million smartphones sold yet profit down 53 per cent

Huawei's annual earnings report is out and it's a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion).

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Logistics firm fails to produce financials

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VietNam News English 59 month(s) ago

South Logistics Co (STG) has failed to publish audited financial statements for last year and a recent meeting of its management board was unable to set financial targets for the 2012-17, citing the lack of data.

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Facebook worth $94B, private market says

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Báo Tuổi Trẻ English 60 month(s) ago

Facebook worth $94B, private market says

Now that Facebook is fast on its way to becoming a public company, and its financials have been laid bare, there’s just one question that remains unanswered: What is Facebook actually worth?

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Kingdom adapts to China’s banks

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VietStock FI English 62 month(s) ago

Kingdom adapts to China’s banks

CAMBODIA’S finan-cial industry will probably undergo much-needed maturation, and possibly consolidation, now that two of China’s biggest banks have entered the sector, insiders say.

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