Lotte ec

An overview of Panomax River Villa project in HCM City's District 7 (Source: panomaxrivervilla.net) Hanoi (VNS/VNA) - Thanh Thanh Cong Investment JSC is to buy more than 16 million shares of Sai Gon Thuong Tin Real Estate JSC (SCR), equivalent to 4.7 percent of the company’s outstanding shares. The transaction is scheduled from December 5 to December 31. Thanh Thanh Cong said the company is expected to spend 100 billion VND (4.3 million USD) for the acquisition. On the stock market, SCR shares price has plunged to the bottom of the last three years since 2016.  Since earlier this year, SCR shares have been traded with stable liquidity with an average of 2.8 million shares matched during each session. The figure for the nearest 10 sessions is 3.2 million shares matched per day. In the first nine months of this year, SCR saw an increase of 50 percent in post-tax profit, reaching 304 billion VND, fulfilling 95 percent of the yearly plan. In the last quarter of this … [Read more...] about Thanh Thanh Cong Investment to buy 16 mln shares of Sai Gon Thuong Tin Real Estate

Private enterprises are looking to switch to greener alternatives in increasing numbers, Photo: Le Toan Albert T. Lieberg, representative of the Food and Agriculture Organization of the United Nations (FAO) in Vietnam, said that Vietnam is among the top five countries responsible for the estimated 13 million tonnes of plastic dumped into oceans every year. In Vietnam, single-use plastics are widespread and waste management capacity is limited. Both factors have taken their toll on the environment, and led to a decline in public health. “It is estimated that 1.8 million tonnes of plastic waste is generated in Vietnam every year, and plastic consumption is increasing 16-18 per cent annually,” said Lieberg at a recent Ho Chi Minh City conference on the issue. “Meanwhile, waste management and recycling facilities, and relevant policies are not in place to sufficiently respond to increasing needs. One major concern is a lack of a system for waste segregation at … [Read more...] about Public-private interplay to cut plastics

  Fishing boats in Ninh Thuận Province. — VNA/VNS Photo Nguyễn Thành Phạm Anh Tuấn, vice chairman of the Việt Nam Fishing Association, talks to Vietnam News Agency on the need to follow all recommendations from the European Commission (EC) to get the yellow card on fishing removed Why is lifting the yellow card so important to the Vietnamese fishing sector? The lifting of the yellow card over illegal, unreported and unregulated (IUU) fishing is very important for the country. According to the EU, the yellow card means Việt Nam has violated certain EU rules on legal fishing activities and has not fully declared where fish products came from. Such violations have prevented international authorities from tracing whether Vietnamese fish products came from Việt Nam or not. These are strong indications Việt Nam has failed to follow rules … [Read more...] about Việt Nam needs to remove fishing yellow card

Pham Anh Tuan, vice chairman of the Việt Nam Fishing Association, talks on the need to follow all recommendations from the European Commission (EC) to get the yellow card on fishing removed. Fishing boats in Ninh Thuan Province. — VNA/VNS Photo Nguyen Thanh Why is lifting the yellow card so important to the Vietnamese fishing sector? The lifting of the yellow card over illegal, unreported and unregulated (IUU) fishing is very important for the country. According to the EU, the yellow card means Vietnam has violated certain EU rules on legal fishing activities and has not fully declared where fish products came from. Such violations have prevented international authorities from tracing whether Vietnamese fish products came from Vietnam or not. These are strong indications Vietnam has failed to follow rules against IUU fishing. What’s more important is that if Vietnam doesn't make a change, it will not only receive the yellow card but even a red card (banning … [Read more...] about Vietnam needs to remove fishing yellow card