TTC Sugar purchasing treasury shares The Thanh Thanh Cong - Bien Hoa JSC (TTC Sugar, stock code: SBT) began to purchase shares on April 18 to increase its treasury share (TS) holding and capital surplus, via order matching at market prices. It expects to continue to do so until May 17.Sao Do breaks through with brand powerVND20 trillion in credits for HCMC’s 2018 market stabilizationTaxi operators want ride-hailing cabs to change number plate colorHCMC taxman asks Grab to pay Uber transfer taxMinistry explains delay in announcing RON 95 petrol base price Da Lat flower growers need help: experts Around 300 million flowers from Da Lat are exported to markets such as Japan, South Korea and China every year, but experts say that more active networks among growers and buyers could help the industry reach its full potential. Da Lat has 9,000 hectares devoted to growing flowers, with many farmers using glasshouses which have increased output and profits, up to VND5 … [Read more...] about BUSINESS IN BRIEF 26/4
National vulnerability database
Online trading scams rampant Many fraudulent traders have managed to steal money from consumers via online trading activities by using simple tricks, while the legal regulation concerning this issue still remains incomplete. Duong Thi Ngoc Giau, residing in the Mekong Delta province of An Giang, said earlier this year she fell into the trap of a fraud on the www.didongsaigon.net website. The website advertised that many cell phones were discounted 50-percent, so she chose to buy a Nokia X6, she said. On calling to the number displayed on the website, Giau met Khoa, who asked her to transfer money into his account in advance, and wait a few days for the product to be delivered. However, two days after Giau had sent money to Khoa, the mobile phone had still not arrived . On asking for Khoa, she was replied that the man "was on a business trip." Losing patience, Giau called another trader of the website, and protested: "Why does this trading look like a scam?" To her … [Read more...] about BUSINESS IN BRIEF 22/2
Many Tet programmes for the poor Many activities have been planned in Ha Noi, Da Nang and Ho Chi Minh City to help the poor, mountainous residents, Agent Orange victims and others enjoy a warm Tet. A delegation from The Ho Chi Minh City Fatherland Front visited Da Nang and offered VND300 million ($ 14,300) to help poor residents in the area. The delegation also visited Ca Tu ethnic people in Hoa Bac Commune, Hoa Vang District to present 200 gifts, each worth VND500,000 ($24), to poor people who were struggling after being hit by natural disasters. The Hoa Vang District People's Committee also said it would spend VND1.076 billion ($ 51,300) helping its people to celebrate the Lunar New Year. To help disadvantaged students studying at universities and colleges in Da Nang, Student Unions at all levels campaigned for a donation of more than 1,500 bus tickets, each worth VND200,000 ($10). In addition to the trip to Da Nang, the Ho Chi Minh City Fatherland Front delegation … [Read more...] about SOCIETY IN BRIEF 10/1
There is nothing to be sure that scripts on climate changes which are compiled by some individuals from an agency, are seen as solutions against adverse impacts of climate change. The Mekong River Delta will be seriously affected by climate change. Climate change, typically global warming and the increase of the sea level, is among the biggest challenge of the mankind in the 21st century. According to the World Bank, Vietnam is among five countries that will be heavily hit by climate change. The Red River and Mekong River Deltas will be flooded seriously. The aftermaths of climate change on Vietnam is a danger for the country’s goal of hunger eradication and poverty reduction and its sustainable development. Realizing the impacts of climate change, Vietnam participated in the UN Convention on Climate Change and the Tokyo Protocol very early. The Vietnamese government in 2007 decided to develop the national program on climate change mitigation. Prime Minister Nguyen Tan Dung … [Read more...] about Risky and wasteful!
Technical assistance for actions on climate change By Thu Nguyet - The Saigon Times Daily HCMC - The Asian Development Bank (ADB) and the Nordic Development Fund will provide Vietnam with an assistance to draw up and implement detailed climate change action plans for key cities and government departments. The ADB’s office in Hanoi said in a news release on February 9 that a technical assistance grant of US$2.5 million will be provided by the Nordic Development Fund which is a joint multilateral development institution of Denmark, Finland, Iceland, Norway and Sweden. The grant which will be administered by the regional bank is aimed at helping HCMC, Danang, and Thanh Hoa Province, and the Ministries of Transport; and Industry and Trade to make plans and implement effective climate change response measures. The assistance will support the Government’s National Target Program for building a more climate-resilient economy producing less greenhouse gas. The project will fund … [Read more...] about Technical assistance for actions on climate change