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Vietnam Stock News By Bloomberg

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses, and prices are as of the 11 a.m. local-time close.

The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, advanced for the first time in three days, climbing 1 percent to 477.47.

Vinacafe Bien Hoa Joint-Stock Co. (VCF VN), which produces, roasted coffee, instant coffee andbreakfast cereals, rose 4 percent, the most since April 4, to 50,000 dong. Its 2010 net profit increased 19 percent to 162 billion dong, according to a company filing on the bourse’s website.

Phu Nhuan Jewelry Joint-Stock Co. (PNJ VN), the only jewelry manufacturer on the exchange, gained 0.4 percent to 27,300 dong. The company’s first-quarter net profit rose 48 percent to 95.3 billion dong in the first quarter, according to a statement on the exchange’s website.

Camau Frozen Seafood Processing Import & Export Corp. (CMX VN), which processes frozen foods, fell 4 percent to 9,500 dong a record low. Camau Frozen had a net loss of 20.5 billion dong in the first quarter, according to a company statement on the exchange’s website.

–Nguyen Dieu Tu Uyen. Editor: Allen Wan

http://www.bloomberg.com/news/2011-05-09/vietnam-s-stocks-vinacafe-bien-hoa-phu-nhuan-jewelry-camau.html

About vietnambiznews

Business consultant reside in Ho Chi Minh city.

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