How much cj so cool house cost

Inside a wood production line of Truong Thanh Furniture Corporation. — Photo truongthanh.com As wood export turnover is rebounding with rising demand in the domestic market, the revenues of wood enterprises are expected to advance. However, skyrocketing prices of raw materials and logistics costs will weigh on these companies’ gross profit margin in 2022. VNDIRECT Securities Corporation (VNDIRECT) estimated that the total revenue of listed wood and wood products companies in the first quarter (Q1) of 2022 rose by 10.2 per cent year-on-year thanks to the recovery of wood producers in the south. After the social distancing order was lifted, most wood companies in the southern region resumed operations at 90 per cent capacity in the first quarter of 2022, while in the second half of 2021 it was only 60-65 per cent. The export wood enterprises achieved better business results in Q1 of 2022. Specifically, Truong Thanh Furniture Corporation (HoSE: TTF) and Phu Tai JSC (HoSE: PTB) … [Read more...] about Rising costs cast doubt on wood companies growth prospects

Implementing the Decision No. 08/2022/QD-TTG dated March 28, 2022 of the Prime Minister on the implementation of housing rental assistance policy for employees, over the passing time, the Vietnam Social Security Agency has been directed to concentrate on human resources, reforming administrative procedures, applying information technology to confirm soon cases being eligible to receive financial support for a rental house in the spirit of ensuring publicity, transparency and eligible beneficiaries. As for employees who are working in enterprises, each eligible person will be received financial support of VND500,000 (US$21.5) a month with a maximum support period of three months. In 50 provinces and cities nationwide, the Vietnam Social Security Agency has confirmed 9,657 units with 397,588 workers, including 393,759 contracted workers being subject to mandatory social insurance to be received the financial support. Regarding people having just returned to the labor market who … [Read more...] about Over 400,000 employees confirm to receive rental house financial support

"If we do not operate regularly, we will lose our slots at bus stations, but the more we operate, the more we lose because of surging costs," Do Van Bang, CEO of Sao Viet’s parent company, Minh Thanh Phat, said. Sao Viet has reducing the number of trips to cut costs. Bang said the only way to break even is to increase fares by 15-20 percent, but with competition being intense, the time is not right for it. But the company would not be able to absorb the losses for long, he added. The company is one of many to lose due to the 39 percent rise in fuel prices since the beginning of this year. Nguyen Manh Hung, CEO of transport firm International Logistics, said fuel accounts for 40 percent of costs, and so the increases in their prices has affected the company. It is not easy to negotiate price hikes with customers, he said. "We are trying to cut all other expenses to survive the fuel price surge." Half of all fishing vessels in Vietnam have stopped going out to sea … [Read more...] about Industries hit hard by rising fuel prices

Livestock farmers feeding their pigs. — Photo tuoitrethudo.com.vn Livestock feed prices have increased five consecutive times since early 2022 and the six is to come in July. Koji Inoue, general director of the Kyodo Sojitz Animal Feed LTD has informed his agents about imminent price adjustments. Specifically, the company planned to raise prices of its feed for piglets by VND400 per kilo and feed for other livestock by VND300 per kilo from July 1. It underscored volatile input costs as the main reason behind the decision. CJ Vina Agri LTD followed suit with identical adjustments. CJ Vina Agri said it had to raise feed prices to offset higher input costs since input materials have been fluctuating widely price-wise. Other feed producers also got in on the act by adjusting up their product prices by around VND300-400 per kilo. An agent in Tra Vinh Province estimated that feed for piglets would reach VND510,000-530,000 per bag, feed for pigs VND375,000-415,000 per bag and … [Read more...] about Feed prices to increase in July

The e-GP would allow effective and transparent management of the public procurement process. Vietnam’s e-government procurement (e-GP) system is set to start operations on August 1, 2022. The new procurement system is set to operate on August 1. File photo The new procurement system, updated with new changes and designed to operate on multiple browsers, would help serve as a hub of information related to procurement, as well as a platform for the online bidding based on safety, competitiveness, fairness, and cost-efficiency. To ensure the smooth operation of the e-GP, participants in the bidding are requested to switch to the new system from the old one. The e-GP is developed under a project of applying e-commerce in public procurement under the public-private partnership (PPP). The Ministry of Planning and Investment (MPI), IT company FPT, and the Investment and Development of National e-Procurement System Company are responsible for running the new … [Read more...] about Vietnam’s e-government procurement system set to launch in August

The project with a five-year construction period would be seen as gauge of the city's leadership and credibility. Hanoi identifies the success of the US$3.7-billion Ring road No.4 project as the pride of the city, which requires the utmost effort from every department and unit to ensure the best head start possible. Secretary of the Hanoi Party Committee Dinh Tien Dung. Photos: Thanh Hai Hanoi Party Committee Secretary Dinh Tien Dung gave the remarks at a meeting discussing the construction of the Ring road No.4 project connecting Hanoi and nearby provinces/cities. The project with an estimated investment capital of VND85.8 trillion (US$3.7 billion) received a go-ahead from the National Assembly last week and is slated for completion by 2027. With a total length of 112.8 kilometers, the Ring road would run through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers). At the meeting, delegates stressed the significance of … [Read more...] about Success of US$3.7-billion ring road project is Hanoi’s pride: City Party chief

VASEP proposed practical solutions to decrease logistics cost in the near future Chairman of Vietnam Tourism Association Vu The Binh stated that to promote the recovery of this industry in the near future, there must be new interesting tour packages to attract international tourists, along with favorable conditions to welcome them to Vietnam. He proposed a working session between the tourism and aviation industries to introduce the most reasonable prices for these new packages. Deputy General Secretary of Vietnam Association of Seafood Exporters and Producers Nguyen Hoai Nam shared that the high fuel prices have created pressure on many businesses, and many fishermen have stopped their work. He suggested some solutions to reduce logistics cost, including digital transformation among member businesses, which was wholeheartedly welcomed by Minister Dung with the promise to support any needy enterprises in order to increase their competitiveness. Vice Chairwoman of Vietnam … [Read more...] about Vietnam collecting feasible solutions to boost production, trading, investment

To prepare for this report, the HCMC Construction Department has asked all 21 districts and Thu Duc City as well as related state agencies to submit corresponding reports for it to compile and summarize. Only 9/31 units, namely the HCMC Transport Department, the State Bank of Vietnam – HCMC Branch, HCMC Export Processing and Industrial Zones Authority, HCMC Housing Development Fund, Vietnam Bank for Social Policies – HCMC Branch, and the People’s Committees of the districts of 1, 4, Tan Phu, Nha Be, fulfilled this request. Based on those local reports, the HCMC Construction Department informed that from 2016-2020, the floor area of the city increased by 53.7 million square meters, most of which belonged to self-built housing (a rise of 38.5 million square meters). Commercial housing took the second position, at 13.98 million square meters. Social housing witnessed an increase of 1.23 million square meters in 19 finished projects, accounting for 69.2 percent of the goal. However, … [Read more...] about HCMC only fulfills 12.4 percent of relocation for households along channels

Nguyen Tat Thanh Street is always crowded Duong Thi Thanh Thuy, living on Huynh Tan Phat Street in District 7 and a regular user of this street to go to work in District 1, shared that it normally takes her 20 minutes to get to work, but at rush hours the time could be a double or triple. Truck driver Le Van Lam, who usually uses the street to transport cargoes to and fro Tan Thuan Export Processing Zone, complained that Nguyen Tat Thanh Street is always crowded, regardless of the time of the day. Nguyen Hoang Viet, a resident on the street, expressed his concern that he has heard about a street expansion plan towards Khanh Hoi Port for 5 years, yet could not understand why it has not turned to reality yet. People like him feel so tired of the noise and dirt volume each day, let alone traffic jams. He suggested that an expansion of 2-3m wide can greatly address the congestion situation here. Also, the intersection between this street and Ton Dan Street is often stuck because … [Read more...] about Nguyen Tat Thanh St. in urgent need of expansion

Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy