STK to issue 10.8million shares

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.
Rains flood Hanoi’s many streets

Rains flood Hanoi’s many streets

Many streets in Hanoi this morning were flooded after heavy rains, resulting in traffic congestion while Hoa Binh Hydropower plant continued to open two floodgates to discharge water.
VNG current invests in hotel, resort projects in Dalat, Khanh Hoa, Ninh Thuan

VNG invests in hotel, resort sector

Thanh Cong Tourist Joint Stock company’s shareholders (VNG) approved its plan to issue 54million shares aiming to increase its chartered capital up to VND 797.2billion to VND 1,337billion.
Party Secretary Nguyen Thien Nhan (1, left)  meets businessmen at the meeting (Photo: SGGP)

HCMC thirsty for capital for urban infrastructure investment

Ho Chi Minh City government needs a whopping VND500 trillion ($22 billion) for urban infrastructure investment by 2020 excluding removing houses on canals while the state budget just meet 31.8 percent of the demand, said People’s Committee Chairman Nguyen Thanh Phong at a meeting yesterday.