On the occasion, the Young Entrepreneur Association in Di An Town presented VND200 million (US$ 8,675) to support the poor in the town as well as build two charitable houses each worth VND50 million and 20 bicycles to needy children with good academic performance. … [Read more...] about Additional US$1 million fund established to aid startups in Binh Duong
However, the corporation implemented drastic and comprehensive restructuring measures. Those included increasing debt purchase of banks according to market principles, switching debts to contributed capital, paying debts by investments that VIMC is in need of divestment, thoroughly handling bad debts and ineffective assets, saving costs, accepting some businesses to file for bankruptcy, focusing on market development and improving efficiency of trade activities. Thanks to greater efforts, VIMC has made profits totaling more than VND1 trillion from seaport services per year since it was equitized, helping it overcome numerous difficulties in maritime transportation. Seaports have become ‘gold mines’ for partners and investors who want to own VIMC’s stocks by investing in the parent company. … [Read more...] about VIMC strives to become regional brand name
Hanoi (VNS/VNA) - Science and technology are key to agricultural production, allowing for increases in the capacity and quality of products and improving farmers’ lives. For many years, Hanoi has focused on solutions to promote the transfer of science and technology to farmers. However, to make science and technology the leverage for sustainable agricultural development, more supportive mechanisms and policies are needed, as well as the participation of the authorities. Thanks to the application of science and technology in production, Kim Son commune in Gia Lam district has become the capital city’s hub for growing high quality bananas. “My family grew more than 200 trees of the South African banana variety and earned over 250 million VND (11,000 USD) per year on average,” Nguyen Trong Nghia , a banana farmer, told Ha Noi Moi (New Hanoi) newspaper. “We were planting bananas as per the VietGAP process, which raised consumption,” said Nghia. … [Read more...] about Hanoi promotes science-technology in agricultural production
Regarding the 13th National Party Congress, scheduled to take place from January 25 to February 2, Singh said the event would be of special significance as it would put forth socio-economic development plans for the country in the next five years when Việt Nam has to face the impact of the pandemic and competition among trading partners at the same time. … [Read more...] about Singaporean scholar impressed by Việt Nam’s successes
The main products it planned to focus on would be edible oil, ice cream and snacks in the mid- and high-priced categories, which offer high margins. … [Read more...] about KIDO Group has reported growth of nearly 48 per cent in net profit to VND418 billion (US$18.2 million) for 2020.