Economic&Financial Highlights 0211 CafeF
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Transcript of Economic&Financial Highlights 0211 CafeF
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8/6/2019 Economic&Financial Highlights 0211 CafeF
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Macroeconomic and
Financial Markets
Highlights in
February 2010
BriefingGLOBAL ECONOMY 1
Global food price (GFP) increased by 15% in the period from 10/2010 to
01/2011, food supply is under restrain
Global capital flows picking new trend into commodity markets funds
Concern for a new oil crisis due to political turmoil in Middle East and North
Africa
Global stock market gained positive increase
Viet Nam macroeconomic news 2
CPI February increased by 2.09% compared to 01/2011
FDI disbarment in two first months of 2011 reached USD 1.15 bil, a 4.5%
increase compared to 2010 SBV raised discount rate from 9% to 11%/year; average interbank
exchange rate from 18,932 VND/USD to 20,693 VND/USD
Credit growth target in 2011 is reduced to below 20%
Cancelling gold piece trading in free markets
Gold price increased by 6.09%; USD 3.3%; Euro 5.1%
Viet Nam stock market 6
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Viet Nam stock market 6
Economic Financial Markets highlights in February
GLOBAL ECONOMY
Concerns of a new oil crisis
On 11 February 2011, Egyptian president Hosni Mubarak
officially announced his resignation after 29 year reign.
The mass protest kept enlarging after Friday preys in 7
other countries including Egypt, Iraq, Yemen, Jordan,
Bahrain, Tunisia and Saudi Arabia.
Libya the country with biggest oil reserves in Africa
witnessed its oil output decrease at least by 20% as
international oil companies reduced operation.
Political crisis in Middle East and North Africa exerted new
threats of a new oil crisis.
Global capital flows picking new trend
In the week ended on 23 February 2011, the amount of
capital flows into government bond funds, high interest
corporate bond funds in U.S recorded a 12 week increase.Energy funds absorbed over USD 1 billion.
Since the end of 2010, investors on global market
incessantly drove their attention to bond funds in newly
emerging markets and global market which made capital
flows into these funds enormously rose.
Investors confidence suffered from a heavy loss as turmoil
in Middle East and North Africa accelerated, inflation risk
significantly arose
Chinese economy taking second position in global
market
In 2010, Chinese economy officially surpassed Japan to
remark itself as the second economy in the world after U.S.
This is a historical milestone to both 2 economies: decline
and a sought for direction of a sluggish Japanese economy,
the pride and prudence of China as well as its increasing
global responsibility
In fact, the second position that GDP of China is taking is
only highly opinionated on numeric side. The main concern
is its quality. Average income per head in China is only 1/10
of Japan. According to World Bank, 100 million people in
China, approximately Japans population, are living with an
average income of under USD 2/day.
Global stock market
Changes of global indexes in 02/2011:
Index Changes
Dow Jones 3.17%
S&P 500 3.67%
Nasdaq 3.19%
FTSE 100 1.18%
DAX 1 95%
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Economic Financial Markets highlights in February
Macro economy Outstanding projects in February
DOMESTIC ECONOMY
Import: According to General Department of Vietnam
Custom, from 01/01 to 15/02/2011, net import figures reached
USD 2.1 billion 24.8% export figures, in which net import in
the first half of February was USD 1.21 billion
CPI: CPI in February increased by 2.09% compared to
January 2011. Among 11 commodities used for calculating
CPI, only Post and communication group witnessed an
approximately 0.01% decrease. Food commodities and
services and Healthcare are two groups with strongest
increase in 11 commodities. Food price increased by 4.53%.
FDI: In February, about USD 600 million were disbursed,
making a total of USD 1.15 billion FDI disbursement in two
first months of 2011, a 4.15% rise compared to 2010. The
most noticeable figure was seen with First Solar VietnamLimited Company in manufacturing sector with a total capital
of over USD 1 billion, registered by Singapore enterprises in
Ho Chi Minh city. Another one is the project named Da Nang
yacht limited company registered by British Virgin investors
with a total capital of USD 174 million
Budget deficit: Budget deficit figure in 2011: VND 120,600
bil, 5.3% GDP. Estimated state budget revenue in 2011: VND
Transferring shares of Mong Duong thermal electricity projects
to foreign partners
AES group, the main investor of Mong Duong thermal electricity
factory (Quang Ninh), completed negotiation to transfer 49%
projects shares to two foreign partners.
In detail, AES will transfer to Posco Power (Korea) and CIC (China)
30% and 19% respectively shares of AES electricity limited company
Mong Duong TKV, the company responsible for Mong Duong
thermal electricity factory 2.
Confiscating investment certificate of Ca Na steel project
The project of Vinashin Lion venture limited company with a total
capital of nearly USD 9.8 is accepted for 50 years in operation since
the day of investment certificate. This is regarded as the biggest FDIproject in investment value in steel manufacturing as well as in Viet
Nam to the day of investment certificate in September 2008.
Proposing Van Don airport project of USD 1 bil
In May 2010, Joinus (Korea) made a proposal for project
deployment in Quang Ninh with a total investment of over USD 1 bil.
Besides, Joinus expressed their intention to deploy the high way
project Ha Long Van Dong with an overall capital for the two
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Economic Financial Markets highlights in February
Finance - Banking
Interest rate
- VND interest rate:
Mobilizing interest rate at the beginning of February
remained almost unchanged at 13.5 14%/year.
In the second half of February, interest rate dramatically
increased to 17%/year as commercial banks announced
different discount programs. Short term lending interest rate for agricultural, export
sections is 12.5 14.5%/year, other business sections is
16 18%/year; non business sections is 18 20%/year.
- USD interest rate:
At the beginning of February, mobilizing interest rate
remained stable: demand deposit 0.2 0.5%/year, under
12 months 4.2 5.8%/year, over 12 months 4.5 6%/year,
the highest rate was recorded at 6.24%/year for 12 month
deposit of Navibank.
Lending interest rate showed little fluctuation and isrecorded at 6 6.6%/year for short term loans, 7
8%/year for medium and long term loans.
.
Interest rate policies in February
DOMESTIC ECONOMY
To the end of February, total outstanding loan estimated by
SBV increased by 3.4%. In non manufacturing sector, the
figure was recorded at VND 431,000 billion, proportioning
18.7% of total outstanding credit. Among 42 credit institutions
nationwide, 18 have a non manufacturing outstanding credit
of below 25%, 24 remain a high level.
.
Exchange rate
On 11/02/2011, SBV officially increased average interbank
exchange rate from 18,932 VND/USD to 20,693 VND/USD
(9.3% higher, also the highest increase in history) and
decreased exchange trading amplitude from +-3% to +-1%.
On the following days, interbank exchange rate was flexibly
modified instead of remaining fixed in a long period as
before. However, unpredictable movements on free markets
forced SBV to use many refraining measures.
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Economic Financial Markets highlights in February
DOMESTIC ECONOMY
According to SBV, the process will follow a gradual basic not to
damage the economy
Open gold trading floor is exposed to a VND 500 mil
penalty: According to the draft Decree on Administrative
Sanction in Monetary and Banking sector of SBV, trading
foreign currencies against official exchange rate, charging
illegal trading fee could be exposed to a penalty of VND 75
mil, 25 times higher than the present level (VND 3 mil).
Open gold trading floor will be under the heaviest fine of
VND 500 mil.
Gold saving in banks will not be exposed to Personal
Income Tax: In Circular 12 newly issued by Ministry of
Finance, amending Circular 84 and 02 instructing Personal
Income Tax Law, the most important point is the
supplementation of some types of incomes that are tax
free in terms of saving interest.
According to Circular 12, deposit interests that are freefrom tax include personal income generated from deposit
interest in VND, gold, foreign currency in credit institutions
in terms of demand deposits, term deposits, saving
accounts, deposit certificate, promissory notes, bills and
other deposit types fully paying principal, interest for
depositors as agreed and interest from insurance
contracts. Therefore, gold depositors in terms of gold
certificates will not be exposed to Personal income tax.
In the 24/02 session, only VND 825 bil in total VND 6,000
bil of Government bonds issued by Treasury was offered,
an equivalent of 13.5%. Long term bonds were not
purchased as bidders ask for a high interest rate.
Consolidated business profit of banks 2010
STB: Profit before tax quarter 4/2010 reached VND 585.4
bil, 2010 VND 2,591.2 bil; profit after tax quarter for
reached nearly VND 364 bil, 2010 VND 1,095.5 bil, EPS
2010 is VND 2,411/share.
ACB: EBIT quarter 4/2010 was recorded at over VND
1,100 bil, a 28% rise compared to quarter 4/2009; EBIT
2010 reached VND 3,100 bil, slightly increased 9% against
2009. Profit after tax in quarter 4/2010 reached more than
VND 850 bil, grew by 28% compared to quarter 4/2009;
2010 the figure is VND 2,340 bil, an insignificant rise of 6%
compared to 2009.
VCB: EBIT quarter 4/2010 is VND 1,438 bil, 19% increase
compared to quarter 4 of 2009, EBIT 2010 reached
approximately VND 5,510 bil, increased by 10% against
2009. Profit after tax of parent company quarter 4/2010 is
nearly VND 1,140 bil, a 20% increase compared to 2009;
2010 is VND 4,200 bil, a 7.2% compared to 2009. EPS
2010 is VND 3,374/share
Techcom bank EBIT 2010 is VND 2,750 bil ( 21%
increase compared to 2009)
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Economic Financial Markets highlights in February
Commodity market
Increasing
electricity
price
On 23/02, Prime Minister Nguyen Tan Dung signed the Decision to raise electricity price by 15.28% from 01/03.
Compared to average price (excluding VAT) in 2010 of VND 1,058/kWh, the new price is VND 1,220/kWh which is
accounted for an upward level of nearly VND 160/kWh. Deputy of Ministry of Commerce and Trade, Hoang Quoc
Vuong, said that there is no certain proof whether electricity price will keep increasing or not.
Increasing
gasoline price
On 24/02/2011, Ministry of Finance officially allowed enterprises to increase petro price from VND 16,400 to VND
19,300, surpassing the 2008 record. Diezel rose by VND 3,550/liter to VND 18,300 VND. Oil increased from VND
15,100 to VND 18,200/liter. Mazut oil increased from VND 12,690 to VND 14,800/kg.
From 24/02: Reduce import tax of oil and mazut to 0%. On 14/01, Ministry of Finance also reduced import tax of main
gasoline products to 0%.
Increasing
motorbike, car
price
Honda only changed prices about 2% - 5% to support customers.
Ford Viet Nam : Compared to unmodified prices, newly proposed retail prices presented a positive gap form VND
37,2 mil to VND 66,5 mil/car.
Toyota: New price list was announced after SBV changed VND/USD exchange rate. Trading level increased from
VND 19,500 to VND 20,900.GM Daewoo: Newly modified retail prices increased about 7.2% compared to old levels, approximately the same to
the effecting level of exchange rate to car prices.
Truong Hai: Modifying levels to Kia was lower than others.
Gas
On 01/02, gas price unexpectedly decreased more than VND 20,000/bottle. Retail gas price will stay around VND
303,000 307,000/ 12kg bottle.
On 11/02 gas companies decided to increase gas price by VND 17 000 due to a 9 3% rise of exchange rate by SBV
DOMESTIC ECONOMY
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Economic Financial Markets highlights in February
15 symbols with high influence on Vn - Index
STOCK MARKET
After Tet holiday, the faint upward trend in only two sessions
was soon replaced by a continuously strong downward trendafterwards.
Unfavorable movements in February reflected forehead
difficulties such as high interest rate, high exchange rate,
tightening credit, inflation
However, market administrators showed positive signs such as
the intention to allow selling buying stocks in the same
session; draft on margin trading rate.
Strong decrease of VN index was generated from the fall instocks with high attribution to Vn Index such as BVH: (-
19.7%); SSI, KBC (-18%), PVF (-17%), DPM (-15%), FPT,
HAG (-14.3%)..
Shares with biggest influence on Vn Index in February
Stocksymbol
Priceon28/01
Priceon28/2
%change
Number ofpointscontributing todecrease of Vn -Index
BVH 89.0 71.5 -19.7% -11.25
HAG 56.0 48.0 -14.3% -3.31
PVF 25.3 21.0 -17.1% -2.48
DPM 42.6 36.2 -15.0% -2.30
HPG 38.7 31.8 -17.8% -2.08
KBC 37.0 30.3 -18.1% -1.87
SSI 29.8 24.4 -18.1% -1.79
VNM 93.5 88.5 -5.3% -1.67
FPT 63.0 54.0 -14.3% -1.65
SJS 67.0 51.0 -23.9% -1.52
Total -29.90
Vn-Index 510.6 461.4 -9.64% -49.23
Stocksymbol
Priceon28/01
Priceon28/2
%change
Number ofpointscontributing toincrease of Vn -Index
VIC 94.5 107.0 13.2% 4.52
VPL 44 4 53 0 19 4% 1 46
No Stocksymbol
Listed value(VND bil)
Overallmarket
proportion% accrued
1 BVH 51,035 10.3% 10,3%
2 MSN 44,056 8.9% 19,1%
3 VIC 42,334 8.5% 27,6%
4 VNM 31,247 6.3% 33,9%
5 HAG 20,974 4.2% 38,1%
6 EIB 15 735 3 2% 41 3%
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Economic Financial Markets highlights in February
Foreign trading
STOCK MARKET
Foreign investors ended 16 months of net buying on HoSE.
After net selling VND 2,170 bil on 09/2009, foreign investors
remarked their 16 months of successive net buying on HoSE from
10/2009 to 01/2011 valuing approximately VND 19,300 bil.
Monthly net buying value (VND bil)
Ending February, foreign investors made a net selling of VND 1.18
bil on HoSE and a net buying of VND 159 bil on HNX.
Exchange rate modification played a vital role in influencing foreign
activities.
On changing stock value into USD, the bigger shares a foreign
in estor keeps the more losses he enco nters According to
At the end of 2009, Vien Dong pharmaceutical privately offered 3
million shares for this fund at VND 80,500/share.
Stocksymbol
Buyingvalue(Thousandunits)
Sellingvalue(thousandunits)
DifferenceAmount(thousandunits)
Value(VND bil)
CTG 4688.5 723.8 3964.7 101.3
ITC 3824.7 295.8 3529.0 84.4VND 5193.5 1136.5 4057.0 79.8
PVD 2447.5 1242.7 1204.7 71.5
VCB 2952.4 1267.8 1684.6 61.1
DPM 2527.0 1540.3 986.8 44.5
PVS 1748.6 243.5 1505.1 33.6
VCG 1260.9 356.0 904.9 19.7
VSH 2136.0 723.3 1412.6 17.8
PVX 2509.4 1671.5 837.9 16.1
Shares with biggest net buying value
Stocksymbol
Buyingvalue(Thousandunits)
Sellingvalue(thousandunits)
DifferenceAmount(thousandunits)
Value(VND bil)
VIC 644.5 1661.7 -1017.2 -105.3
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Economic Financial Markets highlights in February
Outstanding enterprise news in February
In two months time, companies paid VND 5,249 bil
dividend
It is impossible to collect the percentage of dividend in
cash received by investors/institutions which are used to
re invest in stock market. However, this could be
considered as a potential source of money for market in
the forthcoming period.
According to CafeF, in two first months of 2010, total
dividends paid to listed companies in cash are VND
5,249 bil. In which, CTG and EIB paid over VND 1,000 bil
in cash for dividend.
The total dividend in cash enterprises registered to pay in
03/2011 reached VND 2,191 bil.
Many enterprises continued to register paying dividendsto shareholders. Noticeably, VIC asked shareholders to
extract VND 2,300 bil from 2010 profit to pay dividend.
VIC withdrew all of their 22.5 million shares of VIX,
equivalent of 75% capital, to focus on real estate business.
In the registry form, shares will be sold through agreement
and matching
KLS: Ask for shareholders opinion to change its operation
structure. The new business structure will not include
brokerage and issuance guarantee. KLS is going to focus onother fields such as real estate business, trade, electric
through purchasing a big deal of shares in many enterprises
to regain control.
DVD: Mrs Nguyen Thi Thanh Hue wife of Mr Le Van Dung
former Chairman of Board of Director and General Director
has been selected to be Chairman of Board of Director and
temporary General Director of DVD since 23/03/2011
Before being the new Chairman, Mrs Hue is the Director ofVien Dong Pharmaceutical joint stock company. She was
accepted by Board of Director to resign the current position
to be Chairman of Board of Director of DVD.
SSI: Board of Director decided to convert each SSICB2010
bond at VND 35,639/share into one share at VND
10,000/share. This price is 47.3% higher compared to
market value at 01/03 of VND 24,200.
STOCK MARKET
Business results in 2010
Profits of natural rubber enterprises: Thanks to industrial
th ll i i i ti l f bb
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Economic Financial Markets highlights in February
REAL ESTATE
Market news
In February 2011, real estate market gained manynegative information, however, land price tends to
present artificial increase, HCM city is encountering
difficulties in approaching customers, price of type A
office in HCM decreased by 10% compared to the end of
2010.
Asia Pacific office market increased by 1.5%,
meanwhile price of type A office in HCM decreased by10%.
Asian office market grew thanks to a strong recovery in
Chinese market such as Hong Kong, Beijing due to the
extension on demand of financial sector and extension
on business operation of multinational groups.
Type A office price in HCM decreased due to pressure
of supply surplus.
Real estate market encountering difficulties due to
exchange rate fluctuation
In February, USD/VND increased by 9.3% which
manipulated expense for customers buying houses on
USD because of exchange rate difference.
Land price in Soc Son increasing sharply
In 5 months nearby, land price of some regions in Soc Son
doubled. In detail, land price in districts such as Tan Dan,
Minh Phu, Nam Son stays around VND 3 -4 mil/m2; Minh
Tri, Thanh Xuan VND 4 4.5 mil/m2, In Bai Thuong, Nam
Cuong regions, average housing land is about VND 5 6
mil/m2, on 35 street is VND 25 mil/m
2, Thanh Xuan VND 6
7 mil/m2
in residential area and inner ward is about VND 10mil/m
2.
This upward trend in price is generated from the news of
moving universities to Soc Son such as Viet Nam Trade
Union university, Economics Technical Industry
University, National Institute for Clinical research and
tropical medicine, and the news of developing
transportation infrastructure such as trans Asian road
project, 35 street, T2 railway station,
Type A office Ha Noi 2011 - 2013 Lack of central ones,
surplus of western ones
In the period 2011 2013, there will be no new type A
office around Hoan Kiem area until 2013 with 30,000m2
ffi B id t t ffi i t l
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Economic Financial Markets highlights in February
Policy news
Tightening real estate credit
Following Resolution No 11/NQ-CP on 24/02/2011 on main
solutions in refrain inflation, stabilize macro economy, SBV
issued Instruction No 01 on detailed measures to reduce
speed as well as proportion of outstanding loan in non
manufacturing sector against 2010, especially real estate,
stock; until 30/06/2011, outstanding loan proportion in non
manufacturing sector is 22% of total maximum outstanding
loan; until 31/12/2011, this proportion will be at maximum
value of 16%.
If credit institutions can not follow this progress, SBV will apply a
double compulsory reserve.
Ministry of Construction submitting temporary apartmentposession
In February, there were rumors about Ministry of
Constructions proposal about temporary apartment
possession. However, according to Mr Nguyen Manh Ha
Head of Housing and Real estate market managing
department Ministry of Construction stated that there has
t b ffi i l t thi tt Al
REAL ESTATE
Ha Noi proposing constructing 6 highways
Axis Belt II: Buoi Nga Tu So Vinh Tuy;
Axis Belt III: Nam Thang Long Thanh Xuan Phap
Van
Axis Highway 32: Hoang Quoc Viet - Buoi;
Axis Phu Do Yen Hoa Belt II;
Axis Ton That Tung Belt III Belt 3.5;
Axis Phap Van Minh Khai.
Ha Noi considering Hong river crossing tunnel
construction
On 25/02/2011, Permanent Ha Noi Peoples Committee
met and made a submission on constructing Hong river
crossing tunnel in terms of BT proposed by VinGroup
joint stocks company and Truong An company (Ministry
of National Defense).
The location is from the ending side of Tran Hung Dao
across Hong rivier to Tu Dinh, Long Bien, about 18
20 id 3k l (i l di id ti l )
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Economic Financial Markets highlights in February
1. Market review
Market Scale HOSE HNX Upcom
Index 452.3 (-10%) 90.1 (-15.5%) 39.2 (-7.8%)
Total number listed companies 285 377 117
- New listed companies in thelatest 2 months 5 10 9
Capital (VND bil) 572,236 117,254 14,748
% Foreign ownership 15.5% 16.6% 3.1%
P/E 11.3 9.8 _
P/B 2.0 1.1 _(*) Data updated to 28/2/2011, in condition of lacking Q4 financial report of BVH
Money and Stock bids, orders in the first 2 months2011
Cash dividend (VND bil) 5,258
Cash received from capital raising issue (VND bil) 4,191Cash received from auction, IPO in stock exchanges(VND bil) 21
By the end of 02/2011, despite a total
figure of listed companies of 779
(50% increase compared to the same
period in 2010), total capitalization
was recorded with a modest rise
(5%).
In two first months of 2011, there
were 24 newly listed companies
(75% compared to 2010).
Basically, average P/E and P/B is
10.9 and 1.82 respectively.
Regardless of effects from BVH,
MSN, VIC, average P/E and P/B will
remain at 9.38 and 1.47.
Appendix 1: Stock market overview on two first months 2011
Dividend paid in cash reached VND 5,258 bil
(25% higher than total amount of capital
mobilized through additional issuance). In
which, 2 banks (CTG and EIB) paid more than
VND 3,300 bil dividend.
In accordance with an additional 200 million of
newly offered shares, the amount of shares
i d f it l i i d d t VND
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Economic Financial Markets highlights in February
2. Increase, decrease in stock price and trading scale of foreign investors
HOSE
Symbol % rise
Monthlyaveragetradingamount
Symbol % fall
Monthlyaveragetradingamount
VPL 19.9% 32,722 SBS -32.4% 208,591
VIC 18.9% 265,654 DVD -29.7% 115,908
KAC 15.4% 23,445 SRC -25.3% 117,763
CTG 13.2% 971,416 DRH -24.8% 124,798
FDC 10.1% 103,394 NVT -23.3% 631,438IFS 9.0% 46,443 VES -23.1% 30,978
NSC 8.8% 3,129 BBC -23.0% 58,389
TDC 7.5% 363,163 DCC -22.5% 1,037
BT6 7.2% 7,257 DIG -22.4% 124,243
DVP 6.6% 7,892 KSA -22.2% 259,534
HNX
Symbol % rise
Monthlyaveragetradingamount
Symbol % fall
Monthlyaveragetradingamount
HDO 39.8% 115,656 NGC -36.3% 813
SDC 26.6% 38 MCL -33.6% 29,494
DNC 21.5% 106 KHB -30.9% 26,350
MCO 20 4% 1 500 SSS 30 1% 19 013
In February, Vinpearl (VPL) and Vincom (VIC) showed the
most significant increase by 19.9% and 8.9% respectively.
Vietinbank (CTG) also remained a high growth rate of
13.2%, average trading amount reached approximately 1
million share/session.
On HNX, Container Hung Dao (HDO) rose the most rapidly
by 40% and also remained the highest liquidity in Top 10
symbols with strongest increase.
Penny stocks and stocks of company with unfavorable
business result in quarter 4/2010 are two groups with
significant decrease. For example, SCR ( net loss of VND
7,4bil in quarter 4) fell by 27.6%, NVT (net loss of VND 12bil
in quarter 4) decreased by 23.3%.
Despite a positive business result in quarter 4, many stocks
such as DIG (VND 500 bil profit in 2010), BBC (VND 26 bil
profit in quarter 4), KSA ( VND 61 bil profit in 2010)remained their position in top strongest decrease this month
because of their over increase exceeding real value in the
previous period.
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Economic Financial Markets highlights in February
3. Business results statistics of listed companies on HOSE and HNX
A. Companies with exceptional profit in 2010 compared to 2009
Symbol FloorPAT 2009(VND bil)
PAT 2010(VND bil)
Profit growth(YoY)
Capitalisation(VND bil)
CapOrder
EPS2010
% targetachievedProfit2010
SRA HNX 0.01 2.76 26862% 22 616 1.57 N/A
KTB HOSE 2.45 198.10 7971% 608 130 7.39 N/A
THV HNX 0.68 36.82 5321% 418 173 0.67 N/A
BHC HNX 0.19 7.51 3800% 42 572 1.67 107%
KTT HNX 0.16 5.87 3594% 29 600 2.35 84%
VCG HNX 5.82 202.94 3386% 1.920 49 0.81 127%
PSI HNX 2.45 64.93 2550% 550 142 1.33 N/A
OGC HOSE 32.93 587.64 1684% 5.075 21 2.35 N/A
TCR HOSE 4.15 64.93 1464% 331 209 1.65 186%
AGC HNX 1.34 19.14 1330% 99 430 2.31 298%
PTL HOSE 12.76 180.44 1314% 1.050 85 1.80 162%
DQC HOSE 4.17 45.44 989% 610 129 1.89 101%CTA HNX 0.97 10.21 954% 88 449 1.28 96%
VHG HOSE 1.98 20.42 929% 300 225 0.82 150%
SBA HOSE 3.92 40.10 924% 340 200 0.89 201%
DTA HOSE 2.50 25.44 919% 109 416 2.54 N/A
KSA HOSE 6.42 61.54 859% 409 179 4.78 N/A
OCH HNX 8.01 76.60 856% 1.760 57 0.77 N/A
SCR HNX 53 03 495 80 835% 2 050 47 4 96 102%
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15
Economic Financial Markets highlights in February
No Project Investor Total capital Area Location Progress Description
1 Bemes Cau
Buou
Private
construction firm
1 Lai Chau
Cau Buou, Thanh
Tri, Ha NoiResidential area Bemes Cau Buou include 3 buildings: CT6A,
CT6B, CT6C with 1400 apartments, locating by street 70,
opposite with new residential area Cau Buou, Thanh Tri, Ha
Noi
2 Cleve Van
Phu
Inpyung Viet Nam
company
USD 421.5
mil
7,63 ha New metropolitan
area Van Phu, Ha
Dong
Foundation and basement
under construction
The project scale is 7.63ha with 7 slots for 15 high buildings,
total ground area of 1,045,562 m2
including 914,440 m2
for
commercial area, 131,123 m2
basement floor.
3 Hang Xanh
commercialoffice
Thuduc House
and Satraseco
VND 42,2bil 219 - 221 Xo Viet
Nghe Tinh, ward 17,Bnh Thnh street,
HCM city
The building is 8 floor high (1 ground floor, 7 office floors and 2
basement floors), total ground area 4,427.14 m
2
(including 2basement floors) not accounting for middle floors, is for use,
leasing office, commercial service center and other services.
4 Phuoc Thang
metropolitan
area
BR-VT Housing
development
joinst stock
company
VND 4,424
bil
123,8 ha Song Dinh, Vung
Tau
Newly certificated The project includes 756 villas and 723 houses. High
apartment block is composed of 8 buildings from 18 36
floors, resettling includes 3 buildings from 5 9 floors. Hotels
in combination with apartment include 01 block of 21-36 floors.
5 49 ha
metropolitan
area Vung
Tau
Hodeco VND 1.287
bil
49 ha Vung Tau Received investment
certificate
Including 490 adjacent apartments with an area of 51,702 m2,
ground area of 154,000 m2; 433 apartments, land area of
128,010m2, ground area 100,000 m
2and about 1,200
condominiums, hotels, etc.
6 Hodeco Sea
Villade
Hodeco VND 1.148
bil
47.471m2
Ward 10, Vung Tau
city
Received investment
certificate
Including 3 blocks with 850 apartments. Slot 01 and 1a are 33
floor high; slot 02 is 36 floor high. C1 and C2 hotel block are 21
floor high with 300 rooms.
7 High
apartment
block 505
Agrexim joint
stock company
VND 1.495
bil
17.377m2
No 505 Minh Khai
street, Hn
Preparing legal investment
procedures
APPENDIX 2: Updates on Outstanding real estate projects
-
8/6/2019 Economic&Financial Highlights 0211 CafeF
17/17
16
Economic Financial Markets highlights in February
Minh Khai
8 Nam Hoang
Dong I
Lang Son
manufacturing
and commercial
joint stock
company
VND 500 bil 57ha Border gate Dong
Dang Lang Son
Technical infrastructure
under construction
There are 1,400 adjacent land slots with area ranging from 85
m2
to 110m2
and more than 100 villa slots with area from 250
m2
to 350 m2.
9 City Horsedistrict 2
Real estate 11joint stock
company
VND 667.76bil
17.476m
2
District 2, HCM city Fulfilled compensation andsubmission for land use fee
Including 762 apartments, blocks with 17 floors. Total businessground area is 60,543 m
2.
10 7A Thoai
Ngoc Dau
Highway
Real estate 11
joint stock
company
VND 219 bil 3202m2
7A Thoai Ngoc Hau,
Hoa Thanh ward,
Tan Phu district,
HCM city
Estimated commencement
on 6/2011
The project is 20 floor high with 216 apartments
11 HUD3 - Hanel
building
HUD3 and Hanel VND 540 bil
2.700m2 Nguyen Duc Canh
street , Hoang Mai,
Ha NoiEstimated commencement
on quarter 2/2011
The project includes 21 normal floors, 1 basement floor with a
total area of 58,000 m2.
12 Residential
area Viet Han
5
Viet Han VND 700 bil 17ha Long Hai town,
Phuoc Hung, Long
Dien, Ba Ria Vung
Tau
Received investment
certificate
Disclaimer: The information herein is collected and edited by CafeF from public sources believed to be reliable, proved to be valuable for investors. However, we
take no charge in any risk or losses of investors when using information in this report.