Cpi increase 10 years

SABECO spends $42 million on cash dividend advances According to its latest financial statement, in the fourth quarter of 2022, SABECO reported revenue of more than $439 million, a sharp increase compared to the first three quarters of 2022 and up 11.4 per cent on-year. Sales expenses increased by more than 70 per cent on-year to $70 million, mainly in the form of advertising, marketing, and promotions. Therefore, SABECO's after-tax profit stood at $46.8 million, down 23 per cent on-year. Throughout 2022, SABECO's net revenue reached $1.53 billion, an increase of nearly 33 per cent compared to 2021, equivalent to an average of more than $4.2 million per day. After-tax profit reached $239 million, the highest since the brand belonged to Thai owners at the end of 2017. SABECO set a revenue target of $1.5 billion and an after-tax profit of $200 million for the year. With the above results, the company has exceeded the target set forth in 2022. The brewer's total assets at … [Read more...] about SABECO gains peak profits over the last six years

Last year, Vietnam’s export revenue of agro-fishery-forestry products set a record high of 53.22 billion USD, up 9.3% year-on-year. However, Europe accounted for only 11.3% of its market share. This is a modest number, although the agricultural sector has optimized many advantages of the E.U. - Vietnam Free Trade Agreement (EVFTA). One of the main reasons is said to be the union’s high requirements on farm imports, while Vietnam’s agricultural production has yet to meet green growth requirements. According to the World Bank’s report, agriculture is the second highest emitter, accounting for 19% of the nation’s total gas emissions in 2020. About 48% of the sector’s emissions and more than 75% of methane emissions are from rice production. Therefore, to boost farm exports to the E.U., the sector is advised to pay more attention to green growth indicators through making policies and roadmaps to reduce greenhouse gas and methane emissions in accordance with international … [Read more...] about Vietnam develops green agriculture to increase exports to E.U.

The book shows the Party Chief’s comprehensive direction in the graft fight drawn from practice and foresight on issues of Party building, anti-corruption, and the country’s development. Vietnam today [February 2] introduced the launch of a 600-book on the corruption fight by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. The book on Anti-corruption was written by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. Photo: NLD Titled “Persistently determined to prevent and fight against corruption and negative phenomena, contributing to building an increasingly transparent and strong Party and State”, the book summarizes the anti-corruption direction of the General Secretary, who is also head of the Central Steering Committee on Anti-corruption. The book, published by the National Political Publishing House, will be released in print and online. The online version is available for free on stbook.vn . … [Read more...] about Vietnam publishes book on Communist Party chief’s anti-corruption

Rikkeisoft's leaders announced the establishment of RKTech in the US and appointed Bui Hoang Tung as their Senior Executive Vice President of Rikkeisoft Corp. and CEO of RKTech Corp. — Photo courtesy of the firm Rikkeisoft on Tuesday officially announced the establishment of its subsidiary company - RKTech in the US, acting as a bridge coping with timezone and communication challenges between US businesses and Viet Nam-based production teams. Located in Plano, Texas - a technology hub in the US, RKTech could help US companies easily access Southeast Asian IT services as an alternative to ones from other outsourcing countries such as India and Argentina. RKTech will develop and deliver high-value IT services to the US market. This is also an opportunity for the corporation to access global cooperation, helping them achieve their goal of becoming a billion-dollar company in the next five years. RKTech also appointed Bui Hoang Tung as their Senior Executive Vice President of … [Read more...] about Rikkeisoft enters the US market to realise the “Go Global” strategy

Demand for fresh foods increases ahead of the Ram Thang Gieng (the first full moon of the lunar year) as usual, but market prices have barely changed. The upcoming celebration of Ram Thang Gieng (the full moon of the first lunar month) marks a strong increase in demand for fresh food in the market, but prices have remained stable. People buy fruits at a traditional market in Hanoi to prepare dishes for the celebration of the first full moon in the lunar year. Photo: Hoai Nam/The Hanoi Times The first full moon of the lunar year falls on the 15th day of the first lunar month. On that day, Vietnamese prepare some dishes in honor of the gods, Buddha, and ancestors, and pray for the happiness, luck, and prosperity of their relatives. In 2023, Ram Thang Gieng falls on January 4. Given such meaning,  demand for fresh and good quality food before and during the day tends to increase. In 2023, however, prices for raw and fresh foods are virtually unchanged … [Read more...] about Food prices rise slightly ahead of first full moon

Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Investors and contractors have been told to strictly uphold traffic safety, and occupational safety and health measures at transport infrastructure construction projects, according to a recent directive issued by the Ministry of Transport . “Contractors are allowed to begin construction work only after their occupational safety and health measures are approved,” said Directive No.01/CT-BGTVT. The inspection of the implementation of approved measures must also be strengthened with timely supplements or adjustments when needed, it said. Construction contractors must be suspended if there are any signs of violations in traffic safety, occupation safety and health, it said. Noting that despite progress made and improved workplaces for construction workers, the ministry said there were still limitations that led to occupational accidents. It said the main reason was a lack of awareness from investors/project management … [Read more...] about Ministry of Transport urges stricter safety compliance on construction sites

An overview of Ho Chi Minh City (Photo: VNA) HCM City (VNS/VNA) – Ho Chi Minh City is likely to face hurdles caused by a global recession this year and escalating uncertainty, Vice Chairman of the municipal People’s Committee Duong Anh Duc has warned. Speaking at a meeting on February 1, he said the global economic slowdown and inflation would impact the city’s socio-economic development, slowing its recovery. Global growth is expected to decrease from 3.2% last year to 2.7% this year, he said. The real estate, stock and bond markets are all expected to face huge challenges this year amid tightening monetary policy, according to Duc. Many local businesses lack orders because of the weak global demand, and the situation would not improve until the middle of the year, he said. The city would organise meetings to discuss measures to support businesses and workers, and seek ways to supply the economy with capital amid the tight monetary policy, Duc said. For … [Read more...] about HCM City to face economic challenges, recovery to be hit

As many as 6,000 people in Loc Ha District in the central province of Ha Tinh yesterday made 2,000 Chung cakes, a traditional cake used during the Tet Lunar New Year Festival, as an offering to King Mai Hac De on the 1,300th anniversary of his death. The cakes were brought to King Mai Hac De Temple on February 2. A local woman, Le Thi Binh, said that she and other people in the district were all happy to prepare the cakes and offer them to their beloved king. People queued in two lines in front of the temple to wait for their cakes to be brought to the king’s altar. According to vice chairman of Mai Phu Commune People's Committee, Pham Trong Hop, local people organised the death anniversary for the king every year on the 12th and 13 of the first lunar year. "After the event was suspended for two years due to the Covid-19 pandemic, we're organising the anniversary on a larger scale this year," … [Read more...] about Ha Tinh people offer Chung cakes to King Mai Hac De

Bangkok (VNA) – The Tourism Council of Thailand (TCT) has requested local authorities to apply measures to settle foreign tourists’ complaints. The council released a survey showing that taxi service, immigration procedures at the airport, and waste management at tourist sites are the three issues that make international tourists to Thailand complain the most, local media reported. The survey, which was conducted in the fourth quarter of 2022 with the engagement of 200 foreign tourists in the country, indicated that the satisfaction with taxi services received the lowest score of 3.5 out of 5, with tourists indicating this is the most critical problem that should be solved immediately. The survey of tourists in Bangkok found they were not satisfied with what they deem to be unfair treatment as taxi drivers often only take passengers who agree to pay a fare without using the meter, which means drivers can arbitrarily charge higher prices for their service. In addition to taxi … [Read more...] about Thailand seeks to deal with foreign tourists’ concern

The Starbucks emblem on reusable coffee cup in Annapolis, Maryland, on February 2, 2023, ahead of earnings report.(Jim WATSON / AFP) The big coffee chain's results were a study in contrast between its two main markets, with North American comparable sales jumping 10 percent and China comparable sales slumping 29 percent. The results in the United States reflected a lift from "strategic" price increases that helped offset the impact of increased spending on wages and employee benefits. Acting Chief Executive Howard Schultz described the results as strong in light of "challenging global consumer and inflationary environments, a soft quarter for retail overall and the unprecedented, Covid-related headwinds that unfolded in China in Q1." Overall, profits rose 4.8 percent from the year-ago period to $855.2 million in the fiscal first quarter ending January 1. Revenues increased 8.2 percent to $8.7 billion. The profits translated into earnings per share of 75 cents, a bit below … [Read more...] about Starbucks profit rises despite hit from China