Building Equality & Inclusion into a business strategy SeABank implements and applies Basel III Be proactive in an uncertain world Nourishing all stakeholders key to sustainability: RFC President Da Nang tourism blooms with series of top products and services On the night of May 20, at the highest rooftop utility area in Saigon - the 25th floor of The Marq luxury apartment, a colourful "Summer Taste" party for the elite community of residents living here was held for the first time. When becoming a resident of The Marq, living in the prosperous urban District 1 but still keeping absolute privacy is what everyone dreams of. The residents are high class, educated and successful people, so the pressure of work and study is something that everyone is anxious to relieve. Understanding this, the developer of Hongkong Land considers taking care of the spiritual life of residents at The Marq as a top priority. The "Summer Taste" … [Read more...] about The Marq launches incredible ‘Summer Taste’ event
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N.A. leader meets Greek President in Hanoi
Hue noted that economic cooperation and trade between Vietnam and Greece have seen positive progress, especially since the E.U. - Vietnam Free Trade Agreement (EVFTA) took effect. He proposed that the two countries continue to promote collaboration in areas of Greece’s strength and Vietnam’s demand such as maritime economy, shipbuilding, seaport, and tourism, while working together to reach a double taxation avoidance agreement and another on maritime transportation to create favourable conditions for economic exchange and trade. The N.A. leader thanked the Greek parliament for ratifying the EVFTA, suggesting that it hasten the act on the E.U. - Vietnam Investment Protection Agreement (EVIPA) as well as the removal of the “yellow card” on Vietnamese fisheries sector. The two sides should work closely together to optimise advantages from the two deals, protecting the legitimate interest of businesses of both countries during their investment and business activities in each other’s … [Read more...] about N.A. leader meets Greek President in Hanoi
Expert gives warnings about high inflation, saying immediate solutions needed
As Việt Nam’s growth momentum faces headwinds, with global recovery slowed by the impacts of the pandemic, inflation pressure and a surge in oil prices, National Assembly Deputy Trần Hoàng Ngân talks to Tuổi Trẻ (Youth) newspaper about the need to have appropriate measures to put inflation under control before it’s too late. You have previously proposed using environmental protection and special consumption taxes to control the increase in gasoline prices, why do you persist with this view? Experiences from economic development in Việt Nam and around the world show that high inflation is very dangerous. Therefore, it is necessary to closely monitor the situation and come up with timely solutions. When high inflation occurs, to control it, banks often raise interest rates, which will turn everything upside down and is a very dangerous move for the economy. Therefore, it is necessary to persist in preventing the problem as soon as symptoms of high inflation show. One of … [Read more...] about Expert gives warnings about high inflation, saying immediate solutions needed
Pharmacy chains to marginalise private drugstores
A client buys medicine at a Long Chau pharmacy. (Photo: VNA) Hanoi (VNS/VNA) - Big names in the pharmaceutical industry are wasting no time expanding their market dominance, raising concerns over the marginalisation of private drugstores. Official data showed that three leading pharmaceutical retailers in Vietnam own 1,962 drugstores by 16 May: 1,088 belong to Pharmacity, 581 to Long Chau and 293 to An Khang. Pharmacity aims to reach over 5,000 drugstores by 2025, Long Chau has set a target of 800 by year-end, and An Khang is striving to raise its number of pharmacies to around 400 by late June. Expansion can be observed in other pharmaceutical retailers, including Phano Pharmacy, Nha thuoc 7 and Nha thuoc Muoi, which also want a bigger share of the pie. The fast growth of pharmacy chains has put off many pharmacists who planned to open their own private drugstores. They are concerned that their drugstores can no longer provide a niche in such a highly … [Read more...] about Pharmacy chains to marginalise private drugstores
5 sentenced to death in HCMC for drug trafficking
Nguyen Thanh Hung, 43, Phuong A Xuan, 34, Co Dai Luan, 36, Nguyen Thi Cam Hong, 28, and Le Duc Tai, 52, were found guilty of illegally possessing and trading narcotics. Truong Do Hoang Yen, 27, got eight years for illegally possessing narcotics. In 2014 Hung, who was living in the city's Tan Binh District, set up a debt collection group together with several people with criminal records. A few years later he switched to trading drugs from a source in District 4. In 2019 he formed his own trafficking gang, which went to Cambodia to look for sources. He managed to buy from Sang, who would deliver the drugs at the border in Tay Ninh Province, a HCMC's neighbor. From April 6 to April 9, 2020, Hung bought drugs multiple times from Sang and his wife. He hired Xuan and Luan to hide and sell the drugs, and Tai and Hong were the main people to receive them from Cambodia. On April 9, 2020, police officers saw Luan riding a motorbike alongside a car and receiving a package. Later … [Read more...] about 5 sentenced to death in HCMC for drug trafficking
Pharmaceutical industry sees promising propects
A customer buys medicine at a Pharmacity store. The mass opening of new pharmacy chains is expected to boost the pharmaceutical industry's revenue in the next few years. Photo the courtesy of Pharmacity HÀ NỘI The pharmaceutical industry is growing steadily because input costs are stable compared to other industries and businesses are less affected in a high inflation environment. In the first quarter of 2022, according to the business results of the listed pharmaceutical companies, SSI Research Co estimated that the total pharmaceutical revenue of the country increased by 7 per cent over the same period last year, in which the revenue from the pharmacy channel increased by 23 per cent over year-on-year and the hospital channel decreased by 5 per cent year-on-year. SSI Research assesses that the pharmaceutical industry will grow strongly in the future. Pharmaceutical demand will continue to increase until the end of 2022 when revenue from the hospital channel recovers … [Read more...] about Pharmaceutical industry sees promising propects