Vietnam stock market

Japfa Comfeed Vietnam Ltd., (Japfa Vietnam), a leading animal feed producer in the market, is running a system of six modern plants across the country. All the large-scale facilities, with lots of clean and green scenery, use state-of-the-art technology and automated production lines. The Japfa factory in Hoa Binh province, covering 56,000 square meters, has an annual capacity of 420,000 tonnes. With more than 25 years of operating in Vietnam, Japfa has established its footprint as a leading animal feed manufacturer in the market. The company’s six plants in the provinces of Vinh Phuc, Hoa Binh, Thai Binh, Binh Dinh, Binh Thuan, and Long An supply almost 1.5 million tons of products annually. As Vietnam is one of Japfa’s three key Asian markets, the major firm has made significant investments in the six Vietnamese production facilities, equipping them with world-class technology and automated production lines to maximise productivity and cost-effectiveness. According to … [Read more...] about Japfa Vietnam operates modern, green feed factories chain

Japfa Comfeed Vietnam Ltd., a leading animal feed producer in the market, is running a system of six modern plants across the country. The Japfa factory in Hoa Binh province, covering 56,000 square metres, has an annual capacity of 420,000 tonnes Automated production lines with advanced technology With more than 25 years of operating in Vietnam, Japfa has established its footprint as a leading animal feed manufacturer in the market. The company’s six plants in the provinces of Vinh Phuc, Hoa Binh, Thai Binh, Binh Dinh, Binh Thuan, and Long An supply almost 1.5 million tonnes of products per year. As Vietnam is one of Japfa’s three key Asian markets, the major firm has made large investments into the six Vietnamese production facilities, equipping them with world-class technology and automated production lines to maximise productivity and cost-effectiveness. According to the company, all production lines and technology used at the factories are European imports. … [Read more...] about Japfa Vietnam pioneers modern, green feed factories chain

Sang Lee, CEO of Manulife Vietnam, speaks at the 7th Asia Trusted Life Agents & Advisers Awards virtual ceremony. — Photo courtesy of the company Manulife Vietnam has been honoured as ‘Insurance Company of the Year’ at the 2022 Asia Trusted Life Agents & Advisers Awards. The awards honour the best in life insurance agency and advisory across Asia. Manulife Vietnam advisor Tran Thi Hai Yen received the ‘Rookie Insurance Agency Leader of the Year’ award for her agency production and recruitment, strong leadership qualities, professionalism, and services to the industry. Another advisor, Nguyen Duc Duong, was a finalist in the ‘Rookie Insurance Agent of the Year’ category, while Manulife’s bancassurance partner Techombank won the ‘Bank Partner of the Year’ award. Sang Lee, CEO of Manulife Vietnam, said: “These awards are not only a symbol of excellence but also a celebration of our industry, embodying the passion we have for delivering advice and solutions that provide … [Read more...] about Manulife Vietnam wins continental award

According to economic expert Can Van Luc, there are many factors that positively affect the real estate market including the relatively good economic recovery, the acceleration of the program of socio-economic recovery and development 2022-2023, and public investment. In addition, legal issues have been and are being resolved while interest rates and basic exchange rates were stable despite strong upward pressure. In particular, the credit market is having bright spots. From now until the end of the year, there will still be a new credit wave for good property projects and by 2023 there will be a new credit room. However, challenges still remain because the economic recovery is not sustainable and the supply is not immediately abundant whereas the prices of energy and raw materials also increased. The Government and responsible agencies have been tightening management of the corporate bond market. Regarding specific developments in the market, a representative of CBRE Group … [Read more...] about Experts forecast real estate market for next year

Jero supplies electricity, gas, and heat, as well as conducts the development, mining, processing, trading, and transportation of energy resources. Dang Van Thanh, chairman of TTC Group, has confirmed that Jera had bought a 35.09 per cent stake in Gia Lai Electricity JSC, a listed entity under TTC Group. Jera paid an unknown sum to International Finance Corporation (under the World Bank Group) and Armstrong Asset Management of Singapore for the majority ownership in Gia Lai Electricity, making it the biggest foreign shareholder in the firm, cited Bloomberg . Accordingly, TTC Group and its subsidiary Gia Lai Electricity plan to invest $1 billion to further boost its renewables capacity to more than 2,000 MWG. Meanwhile, Jera is expected to provide international expertise and technology to aid in this endeavour. Moreover, it is projected that by the year 2025, wind power will account for almost two-thirds of that mix, up from the current 25 per cent. TTC Group said it and Gia … [Read more...] about Japan’s biggest power generator acquires 35 per cent of TTC Group’s subsidiary

Jero supplies electricity, gas, and heat, as well as conducts the development, mining, processing, trading, and transportation of energy resources. Dang Van Thanh, chairman of TTC Group, has confirmed that Jera had bought a 35.09 per cent stake in Gia Lai Electricity JSC, a listed entity under TTC Group. Jera paid an unknown sum to International Finance Corporation (under the World Bank Group) and Armstrong Asset Management of Singapore for the majority ownership in Gia Lai Electricity, making it the biggest foreign shareholder in the firm, cited Bloomberg . Accordingly, TTC Group and its subsidiary Gia Lai Electricity plan to invest $1 billion to further boost its renewables capacity to more than 2,000 MWG. Meanwhile, Jera is expected to provide international expertise and technology to aid in this endeavour. Moreover, it is projected that by the year 2025, wind power will account for almost two-thirds of that mix, up from the current 25 per cent. TTC Group said it and Gia … [Read more...] about Japan’s biggest power generator Jera acquires 35 per cent of TTC Group’s subsidiary

Minh, 62, is also the founder and chairman of property developer Him Lam. His appointment came three days after the airline named a new chairman . Minh will be key to the restructuring of Bamboo Airways’ management and expansion, Chairman Nguyen Ngoc Trong said. Sacombank was one of the top lenders to Bamboo Airways and its parent company, FLC Group. Hundreds of millions of airline shares were used as collateral for loans at the bank under the reign of ex-chairman Trinh Van Quyet, who was arrested for allegedly manipulating the stock market . As of June 30, the group and its subsidiaries had finished paying off their VND1.8 trillion ($76.9 million) debt to Sacombank, according to FLC’s financial statements. Bamboo Airways currently operates nearly 170 flights a day on 40 domestic and 12 international routes. The carrier plans to continue launching new international services to tourism markets in Asia, Europe and Australia. It also plans to increase its fleet to 35 by … [Read more...] about Bamboo Airways names new senior advisor amid restructuring

Illustrative image. (Photo: ANTARA/VNA) Jakarta (VNA) — Indonesia is no longer importing rice for consumption due to an abundant supply of rice, according to the country’s Ministry of Agriculture. With current rice consumption, Indonesia 's rice stock will be secured until the end of this year, said Kuntoro Boga Andri, head of the ministry's Public Relations and Information Bureau. Results of the 2022 national rice reserve survey showed that the country’s rice stock reached 9.11 million tonnes by the end of March. import ed 444,510 tonnes, 356,290 tonnes and 407 tonnes of rice in 2019, 2020 and 2021, respectively. Up to 99% of imported rice is in the form of broken rice as industrial raw materials. VNA … [Read more...] about Indonesia’s rice reserves secured until year’s end

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Prime Minister Pham Minh Chinh suggested Qatar step up investment cooperation with Vietnam in infrastructure development, oil, renewable energy, green technology and digital transformation while hosting visiting Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani on August 15. Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani pays a courtesy call to Prime Minister Pham Minh Chinh on August 15. (Photo: VNA) PM Chinh highly spoke of the progress the two countries have made in their multifaceted partnership and active mutual support at multilateral forums. Congratulating Qatar on the signing of the instrument of accession to the Treaty of Amity and Cooperation (TAC) of ASEAN, the PM said Vietnam backs a close, effective and comprehensive cooperation between ASEAN and Qatar. Read full story - … [Read more...] about ☀️ Morning digest August 16

In a group photo: Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh (6th from left) and Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office (4th from right) and Minister of State in the Cabinet Office Nigel Adams (5th from left). (Photo: VNA) London (VNA) – A Party delegation, headed by Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh, paid a visit to the UK from August 10 – 15, aiming to fortify the countries’ strategic partnership, particularly in economy, trade, and investment. During the trip, the delegation met many UK officials, namely Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office; Deputy Speaker of the House of Commons Nigel Evans; Minister of State in the Cabinet Office Nigel Adams; Economic Secretary to the Treasury Richard Fuller; and General Secretary of the Communist … [Read more...] about Party officials visit UK for improved strategic partnership