The People's Committee in the Mekong delta city of Can Tho on April 5 announced that the beleaguered Binh An Seafood Company (Bianfishco) has liabilities of VND1.54 trillion (US$74 million) while its total assets are VND2 trillion (US$99 million). Can Tho City authorities announced the company's audit results of 2010 and the present debts of Bianfishco, at a press conference to discuss this high profile issue. According to Vo Thanh Hung, chief of the financial inspection team looking into the affairs of Bianfishco, the audit financial statements in 2010 and also various other sources showed that the debt-crippled company Bianfishco owed VND1.54 trillion (US$74 million) including VND1.27 trillion ($59 million) to nine banks and one credit institution; VND261 billion to fish farmers and VND3 billion to an insurance company. Meanwhile the total assets of Bianfishco were only around VND2 trillion ($99 million), including VND1.18 billion in short-term investments and over VND891 billion … [Read more...] about Can Tho City authorities announce Bianfishco’s liabilities
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Hanoi, Can Tho launch Blood Donation Sunday
More than 1,000 students from 60 local colleges and universities, and employees of the military-run Viettel Telecom, last Sunday enthusiastically participated in the “Red Sunday 2012” held at the Hanoi-based National Planning Exhibition Center. More than 1,000 students from 60 local schools and employees of the military-run Viettel Telecom, participate in the “Red Sunday 2012” on Sunday in Hanoi Despite the undesirable weather of drizzle and cold wind, the donors raised a total of 360 units of blood. The event was jointly held by Tien Phong newspaper, the Hanoi Communist Youth Union, National Institute of Hematology and Blood Transfusion (NIHBT), and Viettel, as a response to the call of the National Steering Board for Voluntary Blood Donation to launch the “Voluntary blood donation on Tet campaign” and the “Red Spring Campaign 2012” in localities around the country. Themed “The … [Read more...] about Hanoi, Can Tho launch Blood Donation Sunday
Can Tho-Taiwan flights for Tet
Vietnam Airlines will operate 11 direct flights between Can Tho and Taiwan during the Lunar New Year in January, using Airbus 321 aircraft which can carry 100 to 130 passengers. There will be six flights from Taipei, Kaohsiung, and Taichung to Can Tho and five in the reverse direction, with the first flight from Taipei to Can Tho scheduled for January 17. It is for the third successive year that Vietnam Airlines is offering a direct air service between two cities to allow Vietnamese expatriates to return home for the New Year. * Floods attract tourists A flooded Hoi An is emerging as a favourite destination in central Viet Nam for foreign visitors during the rainy season. When the town is flooded with water from upstream Thu Bon River, tourists take a boat trip around. Robert Taylor, an Australian traveller, said he had come for a second successive flood season this year just to experience the pleasure of exploring Hoi An when its streets are submerged under water. … [Read more...] about Can Tho-Taiwan flights for Tet
Can Tho to host Mekong Delta Exhibition
The southern city of Can Tho will host an exhibition on 10 years of development in the Mekong Delta in April 2012, along with the 37th anniversary celebration of the total liberation of Southern Vietnam. This information was released at a December 12 press briefing held by the Ho Chi Minh City People’s Committee, in collaboration with the Southwest Region Steering Committee and the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank). Addressing the press briefing, Deputy Prime Minister Vu Van Ninh, Head of the Southwest Region Steering Committee, said this will be a major event highlighting the development and achievements recorded by the Mekong Delta region over the past ten years, and calling for more investment to ensure sustainable growth in the region. The exhibition will offer a good opportunity for organizations, businesses and investors to promote their trademarks, products and operational capacity in a variety of fields The event is expected … [Read more...] about Can Tho to host Mekong Delta Exhibition
Can Tho writes detailed climate change adaptation plan
The largest city in Vietnam’s Mekong Delta is the first location that has a detailed climate change adaptation plan. The Institute for Hydrometeorological and Environmental Sciences has stated to complete a detailed adaptation plan for climate change and sea rise level for Can Tho city. The plan was carried out under a UNDP-sponsored project. According to the plan, the average temperature in Can Tho in the late of the 21st century will increase by 1.5 to 2.5 degrees Celsius in comparison with that of the 1980-1999 period. The average rainfall will also rise by 5-7 percent. Regarding to the sea rise level, the sea level in this area may rise by 23-27cm by 2050 and up to 59cm to 75cm by the end of the century. Can Tho will be hardest hit by impacts of climate change among provinces in the Mekong Delta. The Institute for Hydrometeorological and Environmental Sciences’ rector, Dr. Tran Thuc, said Vietnam is among the countries that will be most seriously affected by … [Read more...] about Can Tho writes detailed climate change adaptation plan