Breaking News


Vietnam’s Stocks: Duc Thanh Wood, PetroVietnam Fertilizer

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, dropped 0.4 percent to 459.52.

Duc Thanh Wood Processing Joint-Stock Co. (GDT VN), which manufactures, distributes and exports furniture for interior decoration, rose 4 percent to 18,300 dong. Duc Thanh Wood’s profit surged 71 percent to 3.7 billion dong in the first two months of 2011, according to a statement on the exchange website.

PetroVietnam Fertilizer & Chemical Joint-Stock Co. (DPM VN) dropped 0.9 percent to 35,200 dong. The Ho Chi Minh City-based company forecast profit will drop 16 percent to 1.4 billion dong in 2011, according to a document on its website released before a shareholder meeting.

To contact the Bloomberg News staff on this story: Nguyen Dieu Tu Uyen in Hanoi at

To contact the editor responsible for this story: Darren Boey at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.