Vietnam posted growth in both rubber export volume and value in the first four months of this year Southern Rubber JSC is set to reach $215.3 million in revenue, up 2 per cent on-year, and $4.39 million in pretax profit, equal to an 83 per cent jump on-year. Similarly, Phuoc Hoa Rubber JSC (PHR) aims to rake in $97.9 million in revenue and $39 million in pretax profit, up 29 per cent and 58 per cent on-year, respectively. Bao Viet Securities JSC assessed that Danang Rubber JSC (DRC) could post a 15 per cent hike in its pretax profit this year. Analysts assumed that in the forthcoming time, Vietnam’s rubber export would cash in on a spike in crude oil price, dwindling supply, plus burgeoning demands in major markets, in which China remains Vietnam’s largest rubber export market. VNDirect Securities JSC estimated that this year, PHR could eye a 156.2 per cent jump in its net profit compared to 2021 thanks to the one-off payment amounting to $39 million from land … [Read more...] about Rubber producers aspire rosy profit picture in 2022
Coliving startup raises 3 million
Sacombank takes part in annual Cashless Day with attractive promotions
Sacombank, Napas and Nextpay sign a memorandum of understanding for deploying financial solutions for small and medium business owners through NAPAS domestic credit cards in HCM City on May 20. — Photo courtesy of Sacombank HCM CITY — Sacombank is one of the main sponsors of the annual Cashless Day organised by Tuổi Trẻ newspaper. It is for the fourth year Sacombank is taking part in the programme organised to raise public awareness of the benefits of non-cash payment and promote the non-cash payment habit in the community. The bank is also offering attractive promotions to customers who use its cashless payment products. For individual customers who do not have a payment account, Sacombank will waive fee until December 31 this year if they register for Combo Plus or Combo 4.0 (excluding SMS service) at the counter. Customers who use Sacombank Pay or mBanking applications to scan QR codes to make payments or book air, train or bus tickets or hotels will receive a refund of … [Read more...] about Sacombank takes part in annual Cashless Day with attractive promotions
More favourable rule system urged for healthcare PPPs
Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs