Cfo damen shipyards

Provincial and CPV leaders attended the launch ceremony of 'Eternal gratitude to Uncle Ho' tree-planting campaign and the Prime Minister's programme to plant 1 billion trees "For a Green Vietnam ” The 'Eternal gratitude to Uncle Ho' tree-planting campaign and the Prime Minister's programme to plant 1 billion trees 'For a Green Vietnam' will see trees being planted in Dong Thap and Dong Nai provinces. In response to the Prime Minister's call to plant one billion trees, CPV has implemented the project "CPV - Journey for a Green Vietnam " for 2021-2025, with the goal of planting 1.5 million trees in Vietnam with the budget is more than $1 million. The project started by planting 500,000 trees at the company's factories and farms. It then spread to planting 1 million trees throughout many provinces and cities in Vietnam. The company continues to expand the tree planting project in Dong Nai province with the goal of planting and taking care of 10 hectares of mangroves, and … [Read more...] about CPV expands ‘Journey for a Green Vietnam’ project

Therefore, the fishermen are encouraged to promote production and develop economy, contributing to firmly protecting national sovereignty over sea and islands. The waters of the Truong Sa (Spratly) archipelago are rich in seafood, attracting a large number of fishermen to go fishing. Trawlers often operate at sea at least from a half to three months. They feel safe to work in the waters because of the presence of the country’s law enforcement force. Meanwhile, the fishing logistic service teams and infirmary are always ready to support the fishermen whenever needed. According to Naval Lieutenant Nguyen Van Kien, Head of the fishing logistic service team on Song Tu Tay Island, Flotilla 128, Naval Region 4, in addition to training mission, the team is tasked with supporting fishermen to operate at sea, such as implementing search and rescue missions, repairing trawlers, and providing fresh water to fishermen, among others. The dry lock on Song Tu Tay Island can be home to about 100 … [Read more...] about Fulcrum for fishermen at sea

Lao Bao International border gate from the Viet Nam side. — VNA/VNS Photo Quang Tri Province is calling for investment in logistics and accelerating infrastructure constructions at border crossings and seaports, aiming at becoming a centre for product transshipment on the East-West Economic Corridor (EWEC). EWEC connects with two seaports: Cua Viet and My Thuy seaports, and the main South-NorthEast maritime traffic systems. Cua Viet seaport has a capacity of over 1.1 million tonnes of cargo annually. The logistics infrastructure attracts investment through the extension of shipyards, which will be more than 11 hectares and be finished by 2024. My Thuy seaport has a total investment of VND14.200 billion with ten shipyards in 685 hectares. It also has a shipyard to transship goods from Myanmar, Laos, and Northeast Thailand through La Lay international border gate. Moreover, Quang Trinh Province and Sanvannakhet (Laos) cooperate to build Lao Bao-Densavan joint cross-border … [Read more...] about Quang Tri attracts investment in logistics ​

Some parts of the phase 2 expansion project of Thai Nguyen Steel Plant - Tisco 2 have become degraded. — VNA/VNS Photo Duong Giang The handling of 12 loss-making projects under the Ministry of Industry and Trade has seen improvements with some starting to earn profits or recovering production after dozens of years in stagnation, according to the Commission for the Management of State Capital at Enterprises (CMSC). Five projects handed over to Vietnam Oil and Gas Group (PVN) and Vietnam National Chemical Group (Vinachem) for handling saw positive changes. One of them, diammonium phosphate (DAP) fertilizer plant No 1 managed to maintain stable operation with aggregated loss wiped out from January 2022 and started to earn profit. DAP 1 earned an after-tax profit of more than VND354.1 billion in 2022, an impressive rise of 83.6 per cent over its annual plan and 85.5 per cent against the same period last year. The Dinh Vu Polyester Fibre Plant, after a prolonged suspension of … [Read more...] about Some struggling projects start to post profits

In the first quarter, Generali ’s gross written premiums increased to $23.76 billion – up 1.3 per cent – driven by robust growth in the property and casualty (P&C) segment – up 10.1 per cent. Life net inflows were entirely focused on unit-linking and protection, consistent with the group’s strategy. Meanwhile, its operating result rose to $1.9 billion, a rise of 22.1 per cent, mainly thanks to the strong contribution from the P&C segment, while the Life segment was resilient. The combined ratio improved to 90.7 per cent, down 5.6 per cent on-year. The excellent new business margin stood at 5.72 per cent, up 0.32 per cent against Q1 last year. Generali's adjusted net result grew substantially to $1.27 million, an increase of 49.7 per cent, reflecting the benefit of diversified profit sources. The extremely solid solvency ratio stood at 227 per cent, compared with 221 per cent in the financial year 2022. Generali Group CFO Cristiano Borean said, “The strong … [Read more...] about Generali confirms its extremely solid capital position

Risk management is one of the most important parts of Home Credit ’s business operation. It has built risk management capabilities with a unique set of qualities. Automatic decisions are made based on highly sophisticated scorecards, deploying big data in hundreds of variables of scorecards and credit assessment processes, constantly increasing usage and the effectiveness of big data. Annica Witschard, CEO of Home Credit Vietnam presents to investors “Advanced predictive models are applied widely in Home Credit to mitigate risks, including advanced machine learning approach and gradient boosting techniques leading to scorecards, advanced anti-fraud operations based on biometrics, sophisticated early warning system and active fraud score model, highly ethical and effective collection practices,” said Fabien Sanchez, chief risk officer of Home Credit. Besides this, a robust collection strategy is carried out methodically, ethically, and professionally by Home … [Read more...] about Good risk management contributes to strong performance at Home Credit