Expro project logistics

However, the corporation implemented drastic and comprehensive restructuring measures. Those included increasing debt purchase of banks according to market principles, switching debts to contributed capital, paying debts by investments that VIMC is in need of divestment, thoroughly handling bad debts and ineffective assets, saving costs, accepting some businesses to file for bankruptcy, focusing on market development and improving efficiency of trade activities. Thanks to greater efforts, VIMC has made profits totaling more than VND1 trillion from seaport services per year since it was equitized, helping it overcome numerous difficulties in maritime transportation. Seaports have become ‘gold mines’ for partners and investors who want to own VIMC’s stocks by investing in the parent company. … [Read more...] about VIMC strives to become regional brand name

"Grade A sales has been decreasing consecutively since 2017 and was the worst-hit segment by the pandemic in 2020," said Hang. Of this, a lot of high-end apartment projects of giant developers like Tan Hoang Minh Group, Sunshine Group, Sun Group, and Hateco Group, located in Ba Dinh, Tay Ho, and other districts, which launched in 2020 and earlier, could not sell out during the difficult year. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

KOICA signed a deal with Thua Thien-Hue Province in the central region to transform the provincial capital of Hue into a smart city with a focus on culture and tourism, the Office of the provincial People’s Committee said on Friday. … [Read more...] about South Korea pledges $13mn to help Vietnam province build smart city

Under Vietnam's Penal Code, sex workers are given a warning and fined VND100,000-300,000 ($4.26-12.78), while pimps and sex ring organizers can get between six months and five years in jail. … [Read more...] about Trans woman running $7,000 sex tours arrested in Hanoi

The first two underground levels of the new building are expected to be the workplace of the municipal People’s Committee and decision-making People’s Council, while the second to sixth above-ground floors will become offices for eight departments. … [Read more...] about ​​Ho Chi Minh City seeks feedback on new administrative building