VietNamNet Bridge - In the third day of the International HDBank Chess Cup in HCM City, the top seed Le Quang Liem had the first losing game while international grand master Nguyen Ngoc Truong Son (photo) gained an important victory to rank third. Quang Liem in top three of HDBank CupQuang Liem has a good start at HDBank Cup Being defeated by Gomez John Paul (Philippines), Quang Liem had only 3.5 points and fell from the second to the fourth position after five games. Paul ranks first with five winning games. Chinese player Yu Yangyi ranks the second, with 4.5 pints. Truong Son, after getting a draw with Pham Le Thao Nguyen and another draw with Nguyen Van Huy, had two consecutive winning matches, ranking third, with 4 points. The remaining Vietnamese players like Mai Hung, Anh Dung and Thien Hai had good start but in the end fell in the ranking. Experts said that Vietnamese players Truong Son and Quang Liem still have opportunities to compete for the championship. The … [Read more...] about Quang Liem unexpectedly defeated at HDBank Cup
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HDBank is Vietnam’s the best cash management service provider
The prize "The best Cash Management Service of Vietnam" has been awarded to HDBank by Asiamoney Magazine at Hong Kong. The award is for its highest achievements in all three types of businesses. "According to the survey's result of more than 5,500 leaders of enterprises and financial institutions throughout Asia-Pacific region, HDBank was highly appreciated as meeting all these requirements including the most creative cash management solutions, the best cash liquidity management solutions, payables and receivables, great knowledge in business strategy, objectives and requirements before proposing cash management solutions to businesses, the best capacity in online electronic technology and after-sales services as well as good ability in finding external cash management services for enterprises," said a Asiamoney representative. To ensure fair poll among institutions of the same size, the organisers purposely grouped the answers into three categories of small, medium and large … [Read more...] about HDBank is Vietnam’s the best cash management service provider
Shares decline on heavy profit taking, HDBank debuts
The VN-Index on the HCM Stock Exchange edged down 0.41 per cent to 1,015.54 points after a three-day rally.On the Ha Noi Stock Exchange, the HNX-Index decreased 0.33 per cent to 119.10 points.Selling pressure focused on large caps, which had risen substantially in the past rallies.Twenty of the top 30 largest shares by market value and liquidity on the HCM City’s bourse lost, while only eight advanced.Big losers included Vinamilk (VNM), VinGroup (VIC), Mobile World Investment Group (MWG) and Bao Viet Holdings (BVH), as well as Vietcombank (VCB) and DHG Pharmaceutical (DHG).Overall, the market condition was negative, with 255 stocks falling, 185 rising and 285 remaining unchanged on the two exchanges.A total of 217.2 million shares worth over VND5.3 trillion (US$233.6 million) were traded in the two markets. HDBank debutsHDBank on January 5 made a debut of nearly 981 million shares on the HCM Stock Exchange, becoming the 432nd listed company and the 11th listed lender on the … [Read more...] about Shares decline on heavy profit taking, HDBank debuts
HDBank arranging capital for $550 mln Ha Long property complex
Ho Chi Minh City-based HDBank has become the bookrunning mandated lead arranger for the US$550 million Ha Long Star property complex by Ha Long Bay in the northern province of Quang Ninh. An artist’s impression of Halong Star The Vietnamese lender signed the capital arrangement deal on July 5 with project developer Limitless Vietnam, a member of Dubai-based Limitless, a global integrated real estate master developer. HDBank will arrange credit for the whole project and make disbursements by phase. It will immediately make the first disbursement of US$10 million for Limitless Vietnam. Located 200m above Ha Long Bay, Ha Long Star will accommodate up to 4,000 residents and guests in three hotels, serviced villas, townhouses, apartments, complemented by leisure and retail facilities, all with extensive views of the world renowned bay. As agreed, Limitless Vietnam will use HDBank’s capital services related to the development of the project such as domestic and … [Read more...] about HDBank arranging capital for $550 mln Ha Long property complex
Chinese player wins HDBank chess championship
Chinese chess player Ni Hua (Elo 2637) yesterday won the championship of the HDBank International Chess Open Tournament 2012, after drawing hosts player Nguyen Ngoc Truong Son in the final round. >> [Quang Liem's Blog] Remembering My Childhood >> [Quang Liem’s Blog] When you are the number 1 Ni Hua topped the event with 8 points after 9 rounds, 0.5 points higher than Vietnam number 1 Le Quang Liem. Truong Son finished third with 6.5 points. The Chinese player will pocket cash prize worth $10,000, while the respective awards for Liem and Son are $5,000, and $3,000. The Vietnamese players have again missed the chance to keep the cup home in this second edition of the tourney. In the 2011 edition, another Chinese player, Yu Yangyi, won the cup. “With the participations of many strong players, the HDBank International Chess Open Tournament 2012 has very high professional quality,” chess star Le Quang Liem told Tuoi Tre, adding Li Hua deserved to be … [Read more...] about Chinese player wins HDBank chess championship