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Traphaco aims to make consolidated revenue of VND2 trillion ($86.95 million) and consolidated after-tax profit of VND180 billion ($7.8 million) this year, up 16 and 9 per cent on-year, respectively. Meanwhile, DHG aims to increase its pre-tax profit by a percentage point. IMP even set 25 and 28 per cent on-year rises in net revenue and pre-tax profit, respectively. … [Read more...] about Ups and downs in pharma industry due to crucial supply chain hiccups

Landslides blocked a part of National Highway 4H in Hua Bum Commune and caused congestion. It's estimated that 5,000 cubic metres of rocks and soils fell onto the road and there may be more landslides. Lai Chau Department of Transportation has asked the contractor to keep the machines on stand-by in case there are more landslides. The authorities also blocked the highway part in Hua Bum to ensure traffic safety. Reports from the Steering Committee for Disaster Prevention and Search and Rescue of Lai Chau showed that Lai Chau experienced heavy rains and torrential rain between July 11-13. The total rainfall from 7 pm on July 11 to 1 pm on July 13 was 30-100mm. The total rainfall in Tan Uyen Town was 198mm. Two houses in Tan Uyen were swept away, one house in Tam Duong District was destroyed and 25 other houses were heavily flooded. 2,000 square metres of corns, 10 hectares of rice and one hectare of flowers were completely destroyed. … [Read more...] about Heavy damage caused by heavy rains in Lai Chau

Drought, water shortages pose a big threat for Vietnam Prof. Tran Thuc, chairman of the Vietnam Association of Meteorology and Hydrology, told the Voice of Vietnam online newspaper that Vietnamese central provinces are likely to suffer from severe drought and salt intrusion in the 2019-20 dry season. … [Read more...] about Nghe An Province suffers severe drought