Sample of End of Term Test for ESP

Multiple Choice (5points)

1. A card which guarantees payment for goods and services purchased by the cardholder, who pays back the bank or finance company at a later date. A. A statement B. A cash card C. A debit card D. A credit card

2. A plastic card issued to bank customers for use in cash dispensers. A. A statement B. A cash card C. A debit card D. A credit card

3. An arrangement by which a customer can withdraw more from a bank account than has been deposited in it, up to an agreed limit; interest on the debt is calculated daily. A. A sight draft B. A time draft C. An overdraft D. A bankers draft

4. The cost of borrowing money, usually expressed as a percentage of the amount borrowed. A. Interest rate B. A collateral C. mortgage D. Inflation rate

5. Anything that acts as a security or guarantee for a loan A. Collateral B. Mortgage C. Warranty D. Guarantee

6. With the open account method of payment, payment is made A. before the goods are shipped B. when there is no contract involved C. after the goods have arrived D. when the exporter doesnt trust the buyer.

7. If a letter of credit is confirmed, takes responsibility for payment. A. the importers bank B. the importer C. the exporter D. the exporters bank

8. The payment method needs complete trust between the exporter and the importer. A. Bill for collection B. Letter of credit C. Advance payment D. Open account

9. With this method of payment, banks play a passive role. All banks have to do is to follow the instructions of the buyer and the seller and get a collection fees in return. A. Documentary credit B. Open account C. Bill for collection D. Advance payment

10. With this method of payment, banks play an active role. Banks are responsible for paying for the exporter in case the importer fails to do so. A. Documentary credit B. Open account C. Bill for collection D. Advance payment 11. This method of payment creates cash flow problems and increases risk for the buyer. A. Documentary credit B. Open account Advance payment 12. What do we call goods that go from one country to another? C. Bill for collection D.

A. exports

B. imports

C. visible exports and imports

D. invisible exports and imports

13. What do we call the difference between a countrys imports and exports? A. the balance of trade B. the balance of payments C. the surplus D. the deficit

14. What do we call the difference between all the money paid out and received by a country? A. the balance of trade B. the balance of payments C. deficit D. surplus

15. The situation in which a country has no foreign trade A. Surplus B. deficit C. autarky D. deficits

16. The term used to describe attempts to restrict imports into the country: A. tax B. quota C. protectionism D. tariff

17. International trade develops because certain countries are able to produce some goods more efficiently than other countries. They exchange these goods in order to satisfy their needs and wants. A. Countries import the goods which they produce efficiently. B. Countries probably export the goods which are not efficiently produced. C. Countries probably exchange goods which they produce efficiently for goods which other countries produce efficiently. D. Efficient exchange results from international trade.

18. A document that shows details of goods being transported; it entitles the receiver to collect the goods on arrival. A. An invoice B. A bill of exchange C. A bill of lading. D. A draft 19. A bank that issues a letter of credit (i.e. the importers bank) A. Collecting bank B. Issuing bank C. Confirming bank D. Advising bank 20. A country can accrue wealth if it exports more than it imports. A. This country has a balance of trade deficit. B. Demand for this countrys currency will fall. C. This country receives money from countries which import its products. D. All of these above. Topics for essay writing (5points) 1. What are the advantages and disadvantages of international trade? 2. What are the advantages of international trade to businesses?

3. Globalization makes rich countries richer and poor countries poorer. Do you agree? 4. Why is letter of credit the commonest method of payment in international trade? 5. What are the advantages and disadvantages of letter of credit? 6. What are the advantages and disadvantages of open account method of payment? 7. How do banks facilitate the workings of modern life? 8. What are roles of banks in international trade?

Key to Unit 6- ESP2

Vocabulary

2. Vocabulary: Match up these words and expressions with the definitions below 1. trade in goods- K A. autarky 2. trade in services (banking, insurance, tourism, B. deficit and so on)-H 3. direct exchanges of goods, without the use of C. quotas money-L D. balance of 4. the difference between what a country receives and pays for its exports and imports of goods-G payments E. dumping 5. the difference between a countrys total earnings from exports and its total expenditure F. surplus on imports-D G. balance of trade 6. the (impossible) situation in which a country is completely self sufficient and has no foreign H. invisible imports trade -A and exports 7. a positive balance of trade or payments -F I. tariffs 8. a negative balance of trade or payments- B K. visible trade 9. selling goods abroad at (or below) cost price- E (GB) or 10. imposing trade barriers in order to restrict merchandise trade imports-M (US) 11. taxes charged on imports-I (tariffs) 12. quantitative limits on the import of particular L. barter or products or commodities-C (quotas) counter-trade M. protectionism

Reading 1. Because it can be shown that if all countries specialize in the goods or services in which they are most productive (in which they have an absolute or a comparative advantage), they will all raise their income.

2. In order to protect jobs and what they consider to be strategic industries. 3. Because they wanted to industrialize (and protect their infant industries), rather than merely produce raw materials, whose price could easily fall. 4. For fear of being excluded by large trading blocks, and because they have seen the exported led growth of the East Asia Tiger economies. Possible questions 1. What can give a country an absolute or comparative advantage in goods and services over other producers? 2. Why does the theory of comparative advantage seem inadequate to explain international trade? 3. What is an infant industry? 4. What is the advantage of tariffs for the government? 5. What is the advantage of quotas over tariffs? Exercises: Exercise 1 1 nations; 2 commodities; 3 balance of trade; 4 balance of payment; 5 barter or counter trade; 6 protectionism; 7 factors of production 8 climate; 9 division of labor; 10 economies of scale; 11 tariffs; 12 quotas. Exercise 2 These answers are not definitive; learners may think of other logical ways of linking the words. 1. Economists recommend free trade in the commodities in which countries have either an absolute or comparative advantage. This is the opposite of importing barriers. 2. Visible trade is goods, invisible trade is services, counter-trade is the exchange of goods or services without the use of money. Autarky is the absence of foreign trade. 3. A trade balance can either be in surplus or in deficit; there is no direct relation with dumping 4. Banking, insurance and tourism are all services (invisible trade); merchandise means goods (visible trade). 5. Quotas and tariffs are forms of protectionism, the contrary of the theory of comparative advantage. 6. Norms and quotas are non tariff barriers; taxes are a tariff. 7. Tariff barriers are often imposed to protect infant industries being developed as a means of import substitution. There is no relation here with barter. 8. Many Third World countries have to reschedule or rollover their foreign debt. There is no direct relation here in trade. 9. To protect, subsidize, and to find substitutes for imports are the contrary of liberalizing trade. Exercise 3 1. Trade 2. Components

3. Container ships 4. Tariffs Exercise 4 A. 1. I 2. F 3. E 4. D B. 1. True 2. False 3. Not given 4. True 5. Not given

Key Unit 7 Banking

Vocabulary
Match up the terms with the definitions: 7 Cash card 3 cash dispenser or ATM 4 Loan 6 mortgage 1 overdraft 9 Current account or checking account 10 Deposit account or time or notice account 1 an agreement by which a customer can withdraw more form a bank account 2 a card which guarantees payment for goods and services purchased by the cardholder, who pays back the bank or finance company at a later date 3 a computerized machine that allows bank customers to withdraw money, check their balance and so on 4 a fixed sum of money on which interest is paid, lent for a fixed period, and usually for a specific purpose 5 an instruction to a bank to pay fixed sums of money to certain people or organization at stated times 6 a loan, usually to buy property, which serves as a security for the loan 7 a plastic card issued to bank customers for use in cash dispensers 2 credit card 8 home banking 5 standing order or direct debit

8 doing banking transactions by telephone or from ones own personal computer 9 one that generally pays little or no interest, but allows the holder to withdraw his or her cash without any restrictions 10 one that pays interest, but usually cannot be used for paying cheques or checks, and on which notice is often required to withdraw money

Discussion
1. Which of the banking facilities do you use? 2. What services do commercial banks offer in your country? 3. What changes have there been in personal banking recently? 4. What future changes do you foresee in the future? The banking industry

Reading
Read the text below and write short headings for each paragraph Types of bank 1...Commercial banking......................................... Commercial or retail banks are businesses that trade in money. They receive and hold deposits, pay money according to customers instructions, lend money, offer investment advice, exchange foreign currencies, and so on. They make a profit from the difference (known as a spread or a margin) between the interest rates they pay to lenders or depositors and those they charge to borrowers. Banks also create credit, because the money they lend, from their deposits, is generally spent (either on goods or services, or to settle debts), and in this way transferred to another bank account often by way of a bank transfer or a cheque (check) rather than the use of notes and coins - from where it can be lent to another borrower, and so on. When lending money, bankers have to find a balance between yield and risk, and between liquidity and different maturities. 2...Investment banking.......................................... Investment banks, often called merchant banks in Britain, raise funds for industry on the various financial markets, finance international trade, issue and underwrite securities, deal with takeover and mergers, and issue government bonds. They also generally offer stock broking and portfolio management services to rich corporate and individual client. Investment banks make their profits from the fees and commissions they charge for their services. 3.....Universal banking.......................................... In some European countries (notably Germany, Switzerland and Austria) there have always been universal banks combining deposit and loan banking with share and bond dealing and investment

services, but for much of the 20th century, American legislation enforced a strict separation between commercial and investment banks. The Glass-Steagall Act, passed during the Depression in 1934, prevented commercial banks from underwriting securities. This act was repealed in 1999. The Japanese equivalent was abolished the previous year, and the banking industry in Britain was also deregulated in 1990s, and financial conglomerates now combine the services previously offered by banks, stockbrokers, and insurance companies. 4....Interest rates........................................... A countrys minimum interest rate is usually fixed by the central bank. This is the discount rate, at which the central bank makes secured loans to commercial banks. Banks lend to blue chip borrowers (very safe large companies) at the base rate or the prime rate; all other borrowers pay more, depending on their credit standing (or credit rating, or credit worthiness): the lenders estimation of their present and future solvency. Borrowers can usually get a lower interest rate if the loan is secured or guaranteed by some kind of asset, known as collateral. 5....Eurocurrencies............................................. In most financial centers, there are also branches of lots of foreign banks, largely dong Eurocurrency business, A Eurocurrency is any currency held outside its country of origin. The first significant Eurocurrency market was for US dollars in Europe, but the name is now used for foreign currencies held anywhere in the world (e.g. yen in the US, euros in Japan). Since the US$ is the worlds most important trading currency and because the US for the many years had a huge trade deficit there is a market of many billions of Eurodollars, including the oil-exporting countries petrodollars. Although a central bank can determine the minimum lending rate for its national currency it has no control over foreign currencies. Furthermore, banks are not obliged to deposit any of their Eurocurrency assets at 0% interest with the central bank, which means that they can usually offer better rates to borrowers and depositors than in the home country.

Reading comprehension tasks

1. Summarize the text 2. Find the words or expressions in the text which mean the following A to place money in a bank; or money placed in a bank deposit B the money used in countries other than ones own foreign currencies C How much money a loan pays, expressed as a percentage yield D available cash and how easily other assets can be turn into cash liquidity E the date when a loan becomes repayable maturity F to guarantee to buys all the new shares that a company issues if they can not be sold to the public underwrite G when a company buys or acquires another one takeover H when a company combines with another one merger I buying and selling stocks or shares for clients stock-broking J taking care of all a clients investments portfolio management K the ending or relaxing of legal restrictions deregulation

L a group of companies, operating in different fields that have joined together conglomerate M a company considered to be without risk blue chip N ability to pay liabilities when they become due solvency O anything that acts as a security or guarantee for a loan collateral 3. Match up the verbs and nouns below to make common collocations Charge Do Exchange Issue Make Offer Pay Raise Receive Underwrite Advice Bonds Business Currencies Deposits Funds Interest Loans Profits Security issues

Do business exchange currencies issue bonds make loan make profits offer advice offer loans make loans make profit raise funds receive deposits pay interest underwrite securities issues

Exercises
Exercise 1 This exercise defines the most important kinds of bank. Fill in the blank the name of each type of bank: (1).Central banks............................................ supervise the banking system; fix the minimum interest rate; issue bank notes, control the money supply; influence exchange rates; and act as lender of last resort. (2).Commercial banks............................................ are businesses that trade in money. They receive and hold deposits in current account and saving accounts, pay money according to customers instructions, lend money, and offer investment advice, foreign exchange facilities and so on. In some countries such as England these banks have branches in all major towns, in other countries there are smaller regional banks. Under American law, for example, banks can operate in only one state. Some countries have banks that were originally confined to a single industry, e.g. the Credit Agricole in France, but these now usually have a far wider customer base.

In some European countries, notably Germany, Austria, and Switzerland, there are (3)universal banks....... which combine deposit and loan banking with share and bond dealing, investment advice, etc. yet even universal banks usually from a subsidiary, known as a (4)finance house...., to lend money at several per cent over the base lending rate for hire purchase or installment credit, that is, loans to consumers that are repaid in regular, equal monthly amounts. In Britain, the USA and Japan, however, there is, or used to be, a strict separation between commercial banks and banks that do stock-broking or bond dealing. Thus in Britain, (5) merchant banks.... specialized in raising funds for industry on the various financial markets, financing international trade, issuing and underwriting securities, dealing with takeovers and mergers, issuing government bonds, and so on. They also offer stock-broking and portfolio management services to rich corporate and individual clients. (6)investment banks in the USA are similar, but they can only act as intermediaries offering advisory services, and do not offer loans themselves. Yet despite the Glass-Steagall Act in the USA, and Article 65, imposed by the Americans in Japan in 1945, which enforce this separation, the distinction between commercial and merchant or investment banks has become less clear in recent years. Deregulations in the US and Britain is leading to the creation of financial supermarkets conglomerates combining the services previously offered by stockbrokers, banks, insurance companies, etc. In Britain there are also (7).building societies... that provide mortgages, i.e. they lend money to home-buyers on the security of house and flats, and attract savers by paying higher interest than the banks. The saving and loan associations in the United States served a similar function, until most of them went spectacular bankrupt at the end of the 1980s. There are also (8) supranational banks... such as the World Bank or the European Bank for Reconstruction and Development, which are generally concerned with economic development. Exercise 2 Complete the text using these words: 4 accounts 8 current account 3 lend 13 overdraft 20 return 12 bank loan 14 debt 19 liabilities 6 salary 7 transfer 10 cheque 16 depositors 18 liquidity 15 spread 5 wages 2 customers 1 deposits 17 optimize 11 standing order 9 withdraw

Commercial banks are businesses that trade in money. They receive and hold (1)..........deposits...................., pay money according to (2).............................. instructions, (3).............................. money etc. There are still many people in Britain who do not have bank (4)............................... Traditionally, factory workers were paid (5).............................. in cash on Fridays. Non-manual workers, however, usually receive a monthly (6).............................. in the form of cheque or a (7).............................. paid directly into their bank account.

A (8).............................. usually pays little or no interest, but allows the holder to (9).............................. his or her cash with no restrictions. Deposit accounts pay interest. They do not usually provide (10).............................. facilities, and notice is often required to withdraw money. (11).............................. and direct debits are ways of paying regular bills at regular intervals. Banks offer both loans and overdrafts. A (12).............................. is a fixed sum of money, lent for a fixed period, on which interest is paid, bank usually require some form of security or guarantee before lending. An (13).............................. is an arrangement by which a customers can overdraw an account, i.e. run up a debt to an agreed limit; interest on the (14).............................. is calculated daily. Banks make a profit from the (15).............................. or differential between the interest rates they pay on deposits and those they charge on loans. They are also able to lend more money than they receive in deposits because (16).............................. rarely withdraw all their money at the same time. In order to (17).............................. the return on their assets (loans), bankers have to find a balance between yield and risk, and (18).............................. and different maturities, and to match these with their (19).............................. (deposits). The maturity of a loan is how long it will last; the yield of the loan is its annual (20).............................. how much money it pays expressed as a percentage. Exercise 3 Match the words with the correct definitions: 1 dispenser j 2 teller i (US k) 3 cashier k 4 withdrawal g 5 balance a 6 deposit d 7 cheque e 8 credit b 9 debit h 10 cash f 11 statement c A The remaining amount of money in an account B Money paid into a bank C A record of the financial transactions of a person or business D An amount of money in an account E Note to a bank asking it to pay money from your account to a named person or business F Money in the form of bank notes and coins G An amount of money deducted from an account H The removal of money from an account I A machine or person who count out money J A container designed to give out money in regulated amounts K A clerk who pays out and receive cash at a bank Match the verbs with the correct explainations: 1 honor h 2 present g 3 draw b 4 clear a 5 cross f A pass the cheque through the clearing system B write a cheque C make two account agree D change an account E move around the country

6 reconcile c 7 adjust d 8 circulate e

F draw two lines down the middle of a cheque G show and ask for payment H pay

Exercise 4 Put the correct prepositions to complete each sentence: 1. A cheque is simply an order to your bank to pay money ..........from/ out of............. your account .........to.............. someone else.
2. A customer can pay .......by................ cheque .........for.............. goods and services 3. With a bank card, the customers bank guarantees payment .........up to.............. a limit,

say $500
4. When an account holder pays a cheque ........into............... her bank, the bank credits the

amount of the cheque ...........to............ her account and sends the cheque to be presented ..............to......... the drawers bank.
5. In Britain the clearing system is operated .........by.............. the Clearing House in

London.
6. The Clearing House adds up the total each bank owes to each other bank and reconciles

the difference ........in............... the banks accounts ..........with............. the Bank of England.
7. This process, from the time when the payee pays the cheque ........into............... her bank

until the cheque is debited ............to........... the drawers bank account, takes three days.

Unit 8 Financing Foreign Trade

Reading 1
Reading tasks
A Understanding main points Read the above text about payment methods for exporters and write the four methods in the correct positions according to their risks for the exporter. Least secure Most secure Payment method: 1. .open account...... 2. Bills for collection.. 3. Documentary Credit.. 4. Advance Payment ..

B Understanding details Mark these statements T (true) or F (false) according to the information in the text. Find the part of the text that gives the correct information. Open account 1. The importer pays for the goods after receiving the documents. T 2. There is no contract involved. F 3. The exporter must be able to trust the buyer. T Documentary credit 4. If a letter of credit is issued, the importers bank agrees to pay for the goods without conditions. F 5. If a letter of credit is confirmed, the exporters bank takes responsibility for payment. T Bills for collection 6. Commercial documents and the document of title are always enclosed with a bill of exchange. F 7. Importers may not accept the bill of exchange until the goods arrive. T 8. Exporters can keep control of goods by sending bills of lading through the banking system. T 9. Exporters reduce risk if documents are released against acceptance of the bill rather than payment. F Advance payment 10.This means that the importer has to pay before any goods are dispatched. T C Information search Match the risks (a-g) with the payment methods. 1. b c d f 2. a g 3. b c d e f 4. f

Vocabulary Tasks A Key terms

1. f Match these terms with their definitions. Example: 1 b 2. j 3. g 4. a 5. e 6. c

B Word search Find a word or phrase in the text that has a similar meaning.
1. promise or guarantee given to or by a bank (para 2)

undertaking..
2. load of goods sent to a customer (para 7)

consignment 3. person or company that acts as a middleman in a transaction (para 9) intermediary 4. date when a bill of exchange is due for payment (para 9) maturity C Complete the sentence Use an appropriate form of the words in the box to complete the sentences which describe the procedure for documentary collection.

Draw

accept

dishonor

release

remit

forward

dispatch

present

1. The first step the exporter takes is to ask his bank to .draw.. a bill of exchange on

the overseas buyer.

2. The exporters bank forwards. the bill of exchange, together with the

commercial documents, to the importers bank.

3. At the same time, the exporterdispatches. the goods. 4. The exporter must take care to present.the correct documents to the

bank.
5. When the importer..accepts.the bill of exchange, the bank will

release.the documents of title to the goods.

6. If the importerdishonors..the bill, the exporter may have to find an

alternative buyer or ship the goods back again.

7. In some parts of the world, banks may be slow to remit.payment to the

exporters bank.

Reading 2: How a letter of credit works

1 Read about the first four steps in a transaction involving a letter of credit, and number the steps 1 to 4, using the diagram below to help you. The advising bank authenticates the letter of credit and sends the beneficiary (the seller) the details. The seller examines the details of the letter of credit to make sure that he or she can meet all the conditions. If necessary, he or she contacts the buyer and asks for amendments to be made. 4 The applicant (the buyer) completes a contract with the seller. 1 The issuing bank (the buyers bank) approves the application and sends the letter of credit details to the sellers bank (the advising bank). 3 The buyer fills in a letter of credit application form and sends it to his or her bank for approval. 2

2 Now read about the next six steps, and number them 5 to 10 using the diagram below. If the documents are in order, the advising bank sends them to the issuing bank for payment or acceptance. If the details are not correct, the advising bank tells the seller and waits for corrected documents or further instructions. 7 The advising/confirming bank pays the seller and notifies him or her that the payment has been made. 10

The issuing bank advises the advising (or confirming) bank that the payment has been made. 9 The issuing bank (the buyers bank) examines the documents from the advising bank. If they are in order, the bank releases the documents to the buyer, pays the money promised or agrees to pay it in the future, and advises the buyer about the payment. (If the details are not correct, the issuing bank contacts the buyer for authorization to pay or accept the documents.) The buyer collects the goods. 8 The seller presents the documents to his or her bankers (the advising bank). The advising bank examines these documents against the details of the letter of credit and the International Chamber of Commerce rules. 6 When the seller (beneficiary) is satisfied with the conditions of the letter of credit, he or she ships the goods. 5

KEY Unit 9: Accounting and Financial Statements

Exercise 1: 1. Own/owe 2. Depreciation/written off/amortization 3. Receivable/payable 4. Inventory 5. Accrued 6. Leverage Exercise 2: 1. variable costs 2. direct costs 3. fixed costs

4. 5. 6. 7.

indirect costs operating costs capital expenditure marginal costs

Exercise 3: 1. Preparation of Accounts: ledger, trial balance, invoices 2. Profit and Loss Account: cost of goods sold, EBITDA, operating expenses 3. Balance Sheet: accounts payable, shareholders equity, current assets Exercise 4: 1. T 2. F 3. T 4. T 5. F 6. F 7. T 8. F 9. T 10. F

Unit 10 Merger & Acquisition Reading comprehension:

1. Understanding details: 1. D 2. E 3. B 4. A 5. C 2. Understanding details: 1. Diversify 2. Market share 3. Economies of scale 4. Advising fee 5. Customers 6. Optimum 7. Synergy 8. Corporate raiders and Private equity companies

9. A conglomerate 10.Asset tripping More exercises Exercise 1: a. 17% b. Destroying/ Negative c. Overconfidence of overcoming cultural barriers and over-optimism about the prospect for the enlarged group. d. - John Thorp John Thorp James Montier Thorp

e. - Kelly f. Most merges end up in failure (83%) g. They think its link with Chrysler would allow it to sell more Mercedes in the US. h. The management quit their jobs/ Overconfident financial targets not met steady decline in share price i. j. Less justifiable Btw 2 similar businesses that can produce ongoing cost efficiency rather than one-off savings. 1. Tie-up/ Nuptials/ Mutual protection/ altar/ Breathing space 2. Cost efficiency// share price// job cuts// stock market// investment strategy// financial target// share options// takeover bid Theo c tnh ca Avalue Vietnam - mt t chc cung cp dch v t vn trong cc lnh vc nh gi, t vn ti chnh, t vn qun tr v u t, trong nm 2009, s thng v mua bn - sp nhp (M&A) ti Vit Nam c tnh t 287 v gi tr giao dch t 1,09 t USD. S thng v tuy tng 71% so vi nm 2008, nhng gi tr thng v th li gim nh. V trin vng 2010, s thng v M&A s tip tc gia tng mnh m; gi tr giao dch s tng n nh. C mt s ng thi cho thy s xut hin mt s thng v c quy m ln. Di y l 10 giao dch M&A tiu biu nht nm qua ti Vit Nam, theo bo co nghin cu ca Avalue Vietnam v hot ng M&A ti Vit Nam nm 2009 v nhng trin vng trong nm 2010, cng b cui thng 1 va qua. 1. Viettel Vinaconex

Exercise 2:

Tip sau vic tr thnh i tc chin lc ca Ngn hng Qun i (MB), Viettel tip tc hin din qua thng v Vinaconex vo thi im y ca th trng chng khon. Vo thng 2, Viettel hon tt vic mua 35 triu c phn ca Vinaconex. Sau giao dch mua bn ny, Viettel nm gi 18.9% c phn ca Vinaconex v c nh mua thm c phn na ca Vinaconex. Nm 2009, Viettel v Vinaconex cng hon tt vic thnh lp Cng ty C phn Ti chnh Vinaconex - Viettel. Khng ch thc hin chin lc mua li trong nc, Viettel l doanh nghip vin thng u tin ca Vit nam u t ra nc ngoi vi vic u t vo th trng Campuchia. Viettel cng ang hng n vic tham gia mua li hoc gp vn vo cc mng di ng th trng cc nc thuc chu , chu Phi v M La tinh. 2. HSBC - Bo Vit Thng 11/2009, B Ti chnh cng ng HSBC tng s hu thm 8% c phn, nng tng t l s hu ln 18% ti Tp on Bo Vit. Tng gi tr ca hp ng ny l 1,88 nghn t ng (khong 105,3 triu USD). ng L Quang Bnh, Ch tch Hi ng Qun tr Bo Vit cho bit, vic nng t l s hu ca HSBC s cng c v th ca Bo Vit cng nh nng cao tim lc ca DN ny. S kin ny cng minh chng cho cam kt ca HSBC vi vai tr c ng chin lc quan trng nht ca Bo Vit. 3. H Tin 1 - H Tin 2 Phng n sp nhp Cng ty C phn Xi mng H Tin 1 v Cng ty C phn Xi mng H Tin 2 c thng qua ti i hi c ng bt thng ngy 29/12/2009, vi s ng thun t 144 c ng Cng ty C phn Xi mng H Tin 1. y l giao dch hp nht gia hai doanh nghip c quy m ln nht trn th trng chng khon Vit Nam cho n nay. Sau khi sp nhp, H Tin tr thnh doanh nghip xi mng ln nht Vit Nam nim yt trn sn HSX vi mc vn ha gn 2.800 t ng. 4. Motul Vilube Tp on Du nht Motul, mt cng ty sn xut v phn phi du nht ca Php mua 70% c phn cn li m n cha nm gi ti Cng ty C Phn Ha Cht v Du Nhn (Vilube). Cng ty Du Nhn Motul mua 30% c phn ca Vilube vo thng 12/2006. Tp on Motul thng bo s u t vo vic nng cp cng ngh sn xut ti nh my Vilube

hin nay Hip Phc (Tp.HCM), vi mc tiu bin ni ny thnh c s sn xut chnh ca Motul cung cp hng cho khu vc chu -Thi Bnh Dng. 5. Lotte v Coralis Thng v chuyn nhng d n nh cao cp, vn phng, khch sn 5 sao Hanoi City Complex do tp on ln th 5 Hn Quc Lotte mua li t tp on Deawoo. D n c ti khi ng vo ngy 22/10 va qua sau hn 4 thng dng. Nm ti v tr c a ng Liu Giai, qun Ba nh, H Ni, vi vn u t ln n 400 triu USD, cao 65 tng, d n ny c nh gi l ta nh cao th hai ti Vit Nam sau Keangnam. 6. Eland - Thnh Cng Trong mt giao dch vo thng 5, Cng ty Eland Asia Holdings Pte Ltd (Eland) ca Singapore, mt cng ty thuc EL International Ltd ca Hn Quc, mua 30% c phn, tng ng 10.365 triu c phiu ph thng mi ca Cng ty Thng mi u t May mc Thnh Cng (Cng ty Thnh Cng), mt cng ty sn xut cc sn phm dt may ti Tp.HCM vi 10.000 ng/c phiu, tng gi tr l 103,65 t ng (5,9 triu la M). Eland cng thng bo d nh s tng c phn ln thnh 40.36% vi tng gi tr c phiu mua thm c c tnh l 3,4 triu la M. 7. Pomina - Thp Vit Pomina pht hnh ring l 80 triu c phiu cho c ng hin hu ca Thp Vit hon i ly ton b c phiu Thp Vit. T l thc hin l 1:1, tc c ng s hu 1 c phiu TTV se c i 1 c phiu Pomina. Sau khi hon tt t pht hnh, c ng ca TTV s chuyn thnh c ng ca Pomina, c y quyn v ngha v nh nhng c ng hin hu ca Pomina. Sau t pht hnh ny, vn iu l ca Pomina s tng t 820 t ln 1.720 t ng. 8. Sab Miller - Cng ty lin doanh bia vi Vinamilk BV (SA), mt n v do SABMiller PLC s hu ton b, mua 50% c phn trong Cng ty Lin doanh SABMiller Vit Nam, mt cng ty sn xut bia, t i tc lin doanh l Cng ty C Phn Sa Vit Nam (Vinamilk).

SABMiller cho rng vic mua li c phn ny s cho php cng ty m rng hot ng kinh doanh v pht trin th trng bia Vit Nam v cng gia tng s hin din ca cng ty ti khu vc Chu . 9. ICP - Thun Pht Cng ty International Consumer Products (ICP) chnh thc tr thnh ch s hu chnh ca Cng ty C phn Thc phm Thun Pht sau khi chim gi 51% c phn ca cng ty ny. Cng ty C phn Thun Pht c thnh lp cch y 27 nm, chuyn sn xut cc loi nc mm, cht gia v cay v cc loi da chua bn ti th trng trong nc v xut khu. Giao dch ny gip ICP m rng hot ng kinh doanh trong ngnh thc phm v thc ung. Cng ty Thun Pht s c th tn dng li th v h thng phn phi to ln ca ICP gia tng th phn. Ngoi ra, ICP s h tr cho Cng ty Thun Pht pht trin mt h thng qun tr hin i, ci thin cc k nng bn hng v tip th chuyn nghip v cng c tng cng ngun nhn lc c trnh cao. 10. BIDV - PIB Campuchia Mt thng v kh th v lin quan n u t ra nc ngoi trong lnh vc ngn hng. l vo thng 7/2009, BIDV cho bit hon tt vic thnh lp Cng ty C phn u t v pht trin IDCC 100% vn Vit Nam vi vn iu l 100 triu USD, do BIDV v Cng ty Phng Nam gp vn. IDCC k hp ng chuyn nhng, chnh thc mua li Ngn hng u t Thnh vng PIB (mt ngn hng t nhn ca Campuchia), c cu v i tn thnh Ngn hng u t v Pht trin Campuchia (BIDC). Theo k hoch, n nm 2012, BIDC s c tng ti sn 303 triu USD, tng ngun vn huy ng 216 triu USD, cho vay t 210 triu USD.