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Smc trading investment joint stock company

250,000 Hanoi families get tap water again, safety announcement pending

· October 17, 2019 ·

One of the five distributors that get their water from Viwasupco also said that an announcement of the water quality would have to come from authorities later. "We have re-supplied water normally. Whether the water is safe enough or not, Hanoi's Department of Health and scientists will make an announcement," said director Nguyen Huu Toi of the Viwaco Joint Stock Company (Viwaco). The water supply was cut on Tuesday as Viwasupco said it needed to clean its pipes and reservoirs following findings of oil contamination. Water has been resupplied to its over 147,000 customers in the southwestern part of the capital, including the districts of Thanh Xuan, Nam Tu Liem and Cau Giay.  However, the administrations of several apartment complexes in Thanh Xuan and Cau Giay Districts have continued to advise their residents against using the water for drinking and cooking. Another Viwasupco distributor, the Ha Dong Water One-Member Limited Liability Company (Hadowa), has also … [Read more...] about 250,000 Hanoi families get tap water again, safety announcement pending

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Hanoians struggle for drinking water after river contaminated with oil

· October 16, 2019 ·

The water ran over Nguyen Thi Anh's hands as her granddaughter poured slowly from a plastic bottle. The 57-year-old woman used the water to rinse the dishes after cleaning them with tap water. In the last few days she has been unable to use tap water for much. Last night she had stayed up until midnight with her children to collect water from a tanker truck dispatched by local authorities. "I was sleeping when the security guy knocked on the door and told us the water tanker was coming. We immediately went downstairs to get some water. I was so tired and could not wake up early this morning." But the good thing was that the family had enough fresh water, she added. Anh is one of hundreds of thousands of Hanoians who are trying to get used to bottled water for drinking and cooking to brushing teeth, since they cannot use water from their taps. Hanoians wait to collect potable water from a tanker on October 15, 2019. Photo by VnExpress/Giang Huy. A senior government official confirmed … [Read more...] about Hanoians struggle for drinking water after river contaminated with oil

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Hanoi water supplier’s soaring profits

· October 17, 2019 ·

Vinaconex Water Supply Jsc (Viwasupco) reported revenues of almost VND264 billion ($11.43 million) and a gross profit of VND151 billion ($6.51 million) in the first half of this year, a 57 percent gross profit margin. It has seen steady growth since 2012 with demand for water rising as the Hanoi population surges with urbanization. Over the next six years its pretax profits almost quadrupled.   Revenues from supplying tap water last year were worth VND469 billion ($20.31 million), while pretax profits were over VND230 billion ($9.96 million). With an equity of almost VND1 trillion ($43.31 million), the company has a return on equity ratio of 24 percent, among the highest of any listed company. The figures are also far superior to any other water supplier’s in. The company’s gross profit margin of 57.2 percent is higher than that of Ho Chi Minh City’s three water suppliers of 31-37 percent. Viwasupco supplies water to the southwestern part of Hanoi comprising … [Read more...] about Hanoi water supplier’s soaring profits

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Japan team cleaning Hanoi river wants more time after floodgate opening ruins efforts

· July 17, 2019 ·

Tadashi Yamamura, president of the Japan External Trade Organization, asked for postponing the assessment until September 17 in letters he sent to Prime Minister Nguyen Xuan Phuc, the Ministry of Natural Resources and Environment and the Hanoi People’s Committee. Since May city authorities have had the Japanese team over to clean a section of the To Lich River using nanotechnology. The results were positive, with the river’s usual stench and sludge at the bottom reducing within just a week. But last Tuesday a floodgate in Hanoi’s West Lake was opened to maintain the lake’s level and to flush the To Lich. Yamamura said this "wiped out" all the microorganisms used by the Japanese to clean the river. "We virtually have to start over, and we need a minimum of over a month to reactivate the microorganisms. Only then can we get an accurate, objective sample [from the To Lich River]." The Japanese technology, nano-bioreactor, does two things: infuse oxygen into … [Read more...] about Japan team cleaning Hanoi river wants more time after floodgate opening ruins efforts

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Vietnamese and Cambodian defense ministries partner in search and rescue exercise

· December 14, 2019 ·

A presentative from Military Region 7 Command introduces the exercise The information was announced by the Military Region 7 Command of Vietnam at a press meeting on December 13 in Ho Chi Minh City. The exercise will take place in Tuasday commune, Chanthrea district, in the Cambodian province of Svay Rieng, with the participation of some 800 people. The drill will focus on the establishment and operation of a joint command post, practicing dealing with chemical incidents and disasters, and post-disaster recovery. On the occasion, the organizing panel will inaugurate a military-civilian friendship infirmary for the Cambodian district, transfer and install medical equipment in the locality and present gifts to local people. This first-ever exercise is to realize the protocol signed by the two countries on frequent natural disaster prevention, search and rescue and to implement the coordination regulation nodded by Vietnamese and Cambodian localities sharing the borderline. It is … [Read more...] about Vietnamese and Cambodian defense ministries partner in search and rescue exercise

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