On the stock market, SCR has declined sharply, currently at a three-year low of VND6,300 per share. — Photo tintuc.vn Sai Gon Thuong Tin Real Estate JSC (SCR) plans to issue more than 27.1 million shares to pay 2018’s dividend in the fourth quarter of this year. The shares, valued at VND271 billion, will be issued at a rate of 8 per cent, meaning that a shareholder owning 100 shares will receive 8 new shares. Capital for the issuance comes from undistributed after-tax profit estimated on the audited semi-annual financial statements of 2019. Last year, SCR earned VND2.9 trillion in revenue, an increase of more than 60 per cent compared to the previous year. Post-tax profit rose by VND220 billion to VND331 billion. In the first six months of 2019, SCR’s revenue reached less than one fourth of that in the same period last year, standing at VND418 billion. Post-tax profit decreased by 19 per cent to VND134.8 billion. On the stock market, SCR has declined sharply, … [Read more...] about Sai Gon Thuong Tin Real Estate JSC to pay dividend in shares
A level crossing in Thuong Tin district of Hanoi Speaking at the seminar on promoting the railway infrastructure development held on September 25, Deputy Minister of Transport Nguyen Ngoc Dong said the cost of investment in a kilometre of railway infrastructure is usually three to four times higher than that of roadway. … [Read more...] about More needed to get railways back on track
A Vietnamese booth at WorldFood Moscow 2019. — Photo nhandan.com.vn MOSCOW Ten Vietnamese companies are showcasing their products at WorldFood Moscow 2019, one of Russia's leading food and drink expos, which opened in Moscow on Monday. Among their goods are farm produce such as rice, coffee, tea and cashew nuts, as well as seafood, forestry, canned fruits, dairy products, juice drinks and beer. Since its inception in 1991, the major exhibition, which serves the global food and drinks industry, has grown to become the entry point for international manufacturers looking to enter the vibrant Russian market. Every year, the event connects thousands of businesses from around the world with Russia's key food and drink buyers, including retail representatives from Russia’s leading supermarket chains, wholesalers and food manufacturers. Nguyễn Thị Mỹ Nhi, president of Tín Thịnh Co, which … [Read more...] about Vietnamese firms join int’t food fair in Russia.
International Wales hold Croatia to keep Euro 2020 hopes alive The Saigon Times Daily Monday, Oct 14, 2019,08:36 (GMT+7) Wales hold Croatia to keep Euro 2020 hopes aliveThe Saigon Times Daily Wales' Daniel James in action with Croatia's Tin Jedvaj at Cardiff City Stadium, Cardiff, Britain October 13, 2019 – PHOTO: REUTERS CARDIFF (REUTERS) - Wales kept alive their flagging hopes of reaching Euro 2020 by holding Croatia to a 1-1 home draw after Gareth Bale cancelled out an early Nikola Vlasic opener for the visitors in a bruising Group E qualifier on Sunday. The result left Croatia top of the group on 14 points from seven games, two more than Hungary who ground out a fortuitous 1-0 home win over Azerbaijan in the day’s early fixture. Third-placed Slovakia have 10 points from six games and Wales in fourth have eight from six. Bottom team Azerbaijan are on one point from six matches. Vlasic fired Croatia … [Read more...] about Wales hold Croatia to keep Euro 2020 hopes alive
Property Strict penalties needed to fight fraudulent property firms By Le Anh Monday, Oct 14, 2019,10:47 (GMT+7) Strict penalties needed to fight fraudulent property firmsBy Le Anh Real estate projects in HCMC. Heavy penalties are needed to address violations by fraudulent property firms - PHOTO: LE ANH HCMC – It is necessary to develop strict penalties to combat those operating fraudulent real estate businesses to protect the legitimate rights of consumers and legitimate firms, according to executives from real estate firms and experts. The HCMC government has urged the Ministry of Construction to propose the Government issue regulations forcing real estate firms to publicize information about their projects and impose heavy penalties on those deliberately violating regulations. Ngo Quang Phuc, general director of Phu Dong Group, said he supports the proposal, as real estate is a conditional business sector and … [Read more...] about Strict penalties needed to fight fraudulent property firms