Numerous difficulties In 2021, the domestic cement market continued to face fierce competition. The company’s products had to compete fiercely with many other cement brands. To enhance productivity and product quality, the company had to improve its two production lines which commenced operations in 2005 with low design capacity. Meanwhile, the instability of global cement prices led to decreases in domestic prices, affecting the company’s sales. The La Hien cement plant Despite these difficulties, the company successfully accomplished its production and business tasks for 2021. The company’s leadership manages the implementation of production and business plans in accordance with the resolution of its shareholders’ meeting. Thanks to appropriate policies, the company has maintained stable sales in traditional markets. Effective solutions In 2021, the company fulfilled or exceeded most of its targets. Specifically, it sold 805,916.11 tonnes of cement earning … [Read more...] about La Hien company cements its contribution to market stability
Retail property management companies
Vinacomin-Nam Mau Coal Company targets green growth
The Vinacomin-Nam Mau Coal Company’s Youth Union responds to the Action Month on Occupational Health and Safety and Workers Month 2022 Towards green economy The Vinacomin-Nam Mau Coal Company, which operates an underground coal mine in the northeastern province of Quang Ninh, is paying greater attention to environmental protection in accordance with the Vinacomin Party Committee’s resolution on strengthening environmental protection by 2025, with a vision to 2030. The company has achieved some positive results in this regard. These include planting trees to restore the environment and renovate the landscape of production areas on 2.5ha, building a new domestic wastewater treatment station, constructing dams to prevent soil and rock slides and handle flooding, repairing embankments, spillways and drainage ditches and improving environmental health in production and surrounding areas. The company has developed action plans to raise awareness of collectives … [Read more...] about Vinacomin-Nam Mau Coal Company targets green growth
Vinacomin-Mao Khe Coal Company interested in environmental protection
The Vinacomin-Mao Khe Coal Company complies strictly with environmental protection regulations Response to occupational health, safety The Vinacomin-Mao Khe Coal Company has established a steering committee for the Action Month on Occupational Health and Safety (OHS) and Workers Month 2022. The committee has strengthened information dissemination, reviewed regulations and added technical measures to ensure labor safety, and evaluated risks in using machinery, equipment and tools. In addition, the committee has launched role-model campaigns in each unit, carried out OHS training and organized inspection teams to cross-check on OHS, while visiting and encouraging victims of work accidents and serious disease. Improving environmental health The Vinacomin-Mao Khe Coal Company has established a steering committee for environmental sanitation, directing production units to regularly inspect and sanitize the environment. The company has also ensured strict … [Read more...] about Vinacomin-Mao Khe Coal Company interested in environmental protection
Company gets nearly US$38,880 fine for selling poor-quality gasoline
A gas station of the violating company Today the Market Management Department in Binh Duong Province said that the provincial People's Committee province has just issued an administrative fine of nearly VND900 million on the Binh Duong Pham Vu One Member Company in Hoa Loi Ward for selling goods with quality that does not conform to technical regulations. Previously, on May 23, 2022, the inspection team of Binh Duong Province's Information Management Department coordinated with the Sub-Department of Standards, Metrology and Quality, and Binh Duong Provincial Police to pay a visit to the company. Through a quick test of Ron 95-III gasoline at the facility with octane values of 101.1 and 101.6, samples were sent to the Technical Center for Standards, Metrology, and Quality 3 for further test. The further test results showed that nearly 11,500 liters of gasoline were not of good quality, so inspectors proposed the local administration impose an administrative sanction on the … [Read more...] about Company gets nearly US$38,880 fine for selling poor-quality gasoline
Man arrested for trading rhino horns, ivory through shell companies
Nguyen Duc Tai, 33, is under investigation for "violating regulations on management and protection of endangered, precious and rare animals." The Police Division for Corruption, Smuggling and Economics Crimes made the arrest on Wednesday after monitoring his activities for over a year. Nguyen Duc Tai, a native in central Vietnam, is under arrest for allegedly running a wildlife trafficking ring, June 2022. Photo by police Early last year they had placed several suspects under surveillance after discovering they had used fake ID cards to set up companies. The companies are all registered to import and export goods but the police could not identify their headquarters or see them undertake any other activity except importing goods from Africa. In July last year the economic police division checked a consignment declared as containing wooden floors imported from South Africa by one of the companies set up by the group, and found inside 52 rhino horns weighing more … [Read more...] about Man arrested for trading rhino horns, ivory through shell companies
Vietnamese man arrested for setting up shell companies to smuggle wildlife parts from Africa
Police in Da Nang, central Vietnam have arrested a man for allegedly running several shell companies which smuggled wildlife parts, such as ivory, lion bones, and rhino horns, from Africa to Vietnam. The municipal Department of Public Security confirmed on Wednesday that they had detained Nguyen Duc Tai, 33, on charges of violating regulations on the protection of endangered and rare animals. Officers also searched Tai’s house and workplace and confiscated evidence related to the case. According to preliminary information, police in Da Nang first detected Tai’s suspicious activities in early 2021. A probe later revealed that he and his subordinates had used personal information from several people, including deceased individuals, to set up shell companies with fake headquarters. Under the cover of these firms, Tai and his racket managed to smuggle wildlife parts from Africa to Tien Sa Seaport in Da Nang. Police later coordinated with customs officers in inspecting a … [Read more...] about Vietnamese man arrested for setting up shell companies to smuggle wildlife parts from Africa
Abu Dhabi National Oil Company’s lubricants make its foray into Vietnam
Being UAE’s most valuable brand certified by Brand Finance, the company expressed its intention at a conference to cement its footprint in the Vietnamese market. To facilitate the goal, the company has inked a deal with its local distributor Redachem Vietnam to unveil its ADNOC Voyager lubricant brand in Vietnam, which can be used for passenger cars, motorbikes, trucks, industrial lubricants, marine oils, and special lubricant products. The brand is not only suitable for many types of super-car engines but also safe for users on all roads. According to statistics of the Vietnam Petroleum Association, the country's lubricant industry posted an annual growth rate of 8-10 per cent with the consumption of 90,000 tonnes of lubricants per year. More than half of lubricants are consumed in the southern market, while the rest is consumed in the north and a few in the central region. Ranjan Guha, department manager of International Sales at ADNOC Lubricants Division of ADNOC … [Read more...] about Abu Dhabi National Oil Company’s lubricants make its foray into Vietnam
Abu Dhabi National Oil Company makes its foray into Vietnam
Being UAE’s most valuable brand certified by Brand Finance, ADNOC expressed its intention at a conference to cement its footprint in the Vietnamese market. To facilitate the goal, ADNOC has inked a deal with its local distributor Redachem Vietnam to unveil its ADNOC Voyager lubricant brand in Vietnam, which can be used for passenger cars, motorbikes, trucks, industrial lubricants, marine oils, and special lubricant products. The brand is not only suitable for many types of super-car engines but also safe for users on all roads. According to statistics of the Vietnam Petroleum Association, the country's lubricant industry posted an annual growth rate of 8-10 per cent with the consumption of 90,000 tonnes of lubricants per year. More than half of lubricants are consumed in the southern market, while the rest is consumed in the north and a few in the central region. Ranjan Guha, department manager of International Sales at ADNOC said, “Vietnam is not only a fast-growing market … [Read more...] about Abu Dhabi National Oil Company makes its foray into Vietnam
Retailers endeavor to promote sustainable consumption patterns
The talk show on Innovative Solutions & Substitutes for Single-use Plastic towards Green Consumption The talk show saw the participation of representatives from the Ministry of Industry and Trade (MoIt), Ministry of Natural Resources and Environment (MoNRE), and three major retailers in Vietnam. The participants discussed innovative and sustainable solutions for substitutes for single-use plastics. They also highlighted existing consumption habits and their future plans which will contribute to the promotion of sustainable consumption. During the discussion, Vu Minh Ly, deputy director of the Communication Center for Environmental Resources at MoNRE mentioned a new highlight in plastic waste management. The revised Law on Environmental Protection (LEP) 2020 considers waste a form of resource, which is a groundbreaking new approach to waste management. Numerous policies and incentives are in place to encourage businesses to minimise single-use plastic, aiming to achieve … [Read more...] about Retailers endeavor to promote sustainable consumption patterns
Hai Duong Petroleum Branch promotes the Petrolimex brand
Acknowledging the importance of consistent distribution system development, all fueling stations and franchised retailers of the branch meet management, technical, fire prevention and treatment, and environmental hygiene standards. Fueling stations are equipped with advanced machinery and equipment, with modern management software helping ensure safe, professional services. The Petrolimex brand is fully and consistently identified throughout the system, leaving a good impression on customers, said the branch’s director Tang Van Troi. The branch is focusing on intensive development of its retail system, protecting the brand and fighting against commercial fraud, and environmental protection. It works closely with relevant state agencies to protect its brand and promote brand identification, aiming to ensure consumer interests. The brand takes the initiative in cooperating with state authorities to strengthen inspection and control of commercial fraud in petroleum business … [Read more...] about Hai Duong Petroleum Branch promotes the Petrolimex brand