First company to give out share option bonuses

09/10/2007 -- 9:19 PM

Ha Noi (VNA) – The Hop Nhat Viet Nam company (HNC) on October 9 announced it would pay salaries for employees in stock instead of cash, becoming the first company in the country to adopt the policy. Employees will be permitted to use 20 percent of their salaries to buy company shares with a set faced value over five consecutive years. Each employee will be permitted to buy a maximum of 25 million VND (roughly 1,600 USD) worth of shares during the period while maximum value of shares bought by senior officials will be capped at 50 million VND. HNC is currently Viet Nam’s leading private express mail company boasting a network that spreads throughout the country.-Enditem
Send this page	Print

ADB aids Viet Nam’s Mong Duong thermal power plant (09/10/2007)

Commercial vehicles drive auto sales up 99 percent (09/10/2007)

Morgan Stanley likely to become PVFC's strategic partner (09/10/2007)

Pacific Airlines opens HCM City-Singapore route (09/10/2007)

Prudential Viet Nam Finance Company inaugurated in HCM City (09/10/2007)

Hong Kong paper optimistic on Viet Nam’s stock market (09/10/2007)

VN-Index, HaSTC-Index on the rise (09/10/2007)

Ha Noi Expo 2007 kicks off (09/10/2007)

Germany helps Viet Nam kickstart training centre (09/10/2007)

Southern province pursues more trade with Germany (09/10/2007)