HSG exports steel sheets to US Steel producer Hoa Sen Group reported that it shipped 17,000 tonnes of steel sheets to the US worth US$14 million on Thursday. The company has been exporting to the US since 2014 and shipments have been increasing recently. A company spokesperson said the shipment proves the company’s capacity and global competitiveness since exports to the US and EU have been hit by the trade barriers they have imposed. Hoa Sen has exported to over 75 nations and territories. In 2017-18, it produced nearly 1.9 million tonnes of steel worth over VND34.4 trillion ($1.5 billion), up 13 per cent in volume and 32 per cent in value over the previous year. Revenues from domestic sales were worth over VND22 trillion ($964 million), up 34 per cent, and exports fetched $538 million, up 27 per cent. Its profit after tax was VND410 billion ($18 million). It uses advanced technologies to meet the standards expected in international markets like the US, the … [Read more...] about BUSINESS NEWS IN BRIEF 14/1
Bring clean water to africa
Missosology: Tieu Vy predicted to finish in the top 10 at Miss World 2018
The website also revealed the list of other outstanding contestants, who could be potential Miss World 2018 winners, including beauties from Nepal, France, China, Chile, Uganda, the Republic of Korea, Japan, New Zealand, and Venezuela. Among Missosology’s ranking list, Tieu Vy successfully surpassed contestants from the US, the Netherlands, India, South Africa, Mexico, Australia, Thailand, Malaysia, Sengal and Indonesia. The Vietnamese beauty is considered a strong contestant in the pageant by Missosology after her charitable project came in fourth place among the top 5 of the Beauty With A Purpose segment. Vy’s project, “Providing water for remote villages”, was carried out in Niu village, Bo Trach district in Quang Binh province. Despite the success of the project, Vy and her team met a number of challenges along the way. Ultimately, the project has helped to bring clean water to local people through digging wells and installing water filtration systems. … [Read more...] about Missosology: Tieu Vy predicted to finish in the top 10 at Miss World 2018
Vietnam ready to offer optimal conditions for foreign investors
Prime Minister Nguyen Xuan Phuc receives Chief Executive Officer of Asia, Middle East & North Africa, PepsiCo, Mike Spanos (L) (Photo: VGP) On August 14, Prime Minister Nguyen Xuan Phuc hosted receptions in Hanoi for Mike Spanos, CEO of the Asia, Middle East, and North Africa unit of the US-based PepsiCo, Inc, and Sarath Ratanavadi, founder and CEO of Thailand’s Gulf Energy Development. At the meeting, PM Phuc congratulated PepsiCo on its successful business investment in Vietnam over the past years and highly appreciated the cooperation between PepsiCo Vietnam and the Ministry of Agriculture and Rural Development through their participation in Public-Private Partnership on Fruit and Vegetables since 2010. The partnership has created a sustainable supply chain based on a cooperative platform for trade promotion, thus opening up plentiful opportunities for improving the living standards of hundreds of farm households and … [Read more...] about Vietnam ready to offer optimal conditions for foreign investors
Philip Morris International talks smoke-free future
Philip Morris International talks smoke-free future PMI was in the first wave of American companies to enter during the 1990s, and 2019 will commemorate the company’s 25th anniversary in Vietnam. What have been the highlights during this time? We are very proud of the partnership we have built with Vinataba, which now spans more than two decades. The partnership has delivered a valuable mesh of international and local experience and know-how, bringing benefits across many aspects of the business, including agronomy, manufacturing technology, product innovation, supply chain, and sales force capability. We are also extremely proud of our track record of recruiting and developing local talent. We place high expectations on ourselves to create an environment which is a truly special place to work. We have two wonderful offices in Ho Chi Minh City and Hanoi, provide unique and stretching experiences to grow our employees, accelerate know-how transfer through importing … [Read more...] about Philip Morris International talks smoke-free future
Fight against poverty will cement African democracy: Mandela
Success in the battles against poverty, unemployment and AIDS is crucial to the viability of democracy in Africa, Nelson Mandela has told a meeting of the continent's own parliament. In a rare public appearance, the Nobel peace prize winner told members of the Pan-African Parliament (PAP) that a greater effort was needed to deliver the citizens of the world's poorest continent from a life of poverty. "Poverty, illiteracy, unemployment, lack of sanitation and clean water and HIV/AIDS remain some of the biggest challenges on our continent," said the ageing former South African president. The parliament was set up in 2004 as a sign of a commitment to democratic ideals in a continent which has all too often been blighted by coups and dictatorships in the post-colonial era. Although it has no formal powers, it aims to be seen as the voice of the people across Africa by bringing together 265 MPs elected by members of 53 national legislatures. Mandela's appearance at the start of the … [Read more...] about Fight against poverty will cement African democracy: Mandela