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Which kitchen is designed for feeding company size units

Snail farm brings VND34 billion a year for Quang Tri farmer

April 18, 2021 by vietnamnet.vn

Dung, the owner of a hotel, said he has a “treasure” hidden at the bottom of the pond which yields about VND34 billion a year.

Snail farm brings VND34 billion a year for Quang Tri farmer

Leading reporters to his closed snail farming area in Cua Tung Town in Quang Tri recently, Phan Van Dung pointed to the pond divided into cells amid a sand field. He said this was just one of his five sweet snail (Babylonia areolata) farms.

He pointed out a cell lined with black canvas, where snails were about to be harvested in several days.

“The price has reached a record high of VND360,000 per kilogram, twice as high as last year. I believe I can earn big money this year,” he said.

In 2005, he built a small hotel with 20 rooms which became the major source of income of his family. Now he earns money from both the hotel and snail farming, but the farming brings much higher revenue.

At first, he hatched shrimp, but he failed many times over five years. In 2016, he decided to breed snails, which he believed would bring high profit and low risks, after half a year of learning farming techniques in the south.

The main feed for snail is fresh shrimp and fish. As his farm is next to the sea, he also buys pompano to feed snails because it is cheap.

He harvested the first crop after 7-8 months and earned a lot from it. The snail price fluctuates between VND170,000 and 400,000 per kilogram.

Dung now runs five snail farms with total surface area of 18 hectares with output of 200 tons per annum. He never takes a loss with snail farming.

The snails sales to Chinese merchants and domestic sales bring total turnover of VND34 billion and profit of VND17 billion.

After showing reporters the ponds containing hundreds of tons of snails, Dung walked to an area with square water tanks and an oxygen conductor system.

The entire area, about one hectare, is used to produce snail breeders, and is divided into different compartments for parent snails to lay spawn and for a spawn hatchery. There is also a compartment to raise snails until they are standard size (40,000-50,000 snails per kilogram) and brought to ponds.

When he began farming snails, he had to buy breeders from other localities at high prices, so the profit was not high. In 2019, he decided to set up a breeder production area to establish a closed snail production line.

Tam Anh – Anh Duc

Filed Under: business snail farming, hi-tech agriculture, Phan Van Dung, vietnam economy, Vietnam business news, business news, vietnamnet bridge, english news, Vietnam news, ..., tinh uy quang tri, vietnam quang tri, where is quang tri vietnam, where is quang tri, talk about quang tri, tk quang tri, rs2 quang tri, doh quang tri, posco quang tri, cau quang tri, bao quang tri, tran 81 ngay dem thanh co quang tri

Fresh CEO rush shakes up Vietnam’s banking arena

April 15, 2021 by www.vir.com.vn

1539 p26 fresh ceo rush shakes up vietnams banking arena
Fresh CEO rush shakes up Vietnam’s banking arena, photo Le Toan

In February, Shinhan Bank Vietnam named Lee Taekyung, former CEO of Shinhan Bank Cambodia, as new CEO of the local franchise. With 29 years of experience under his belt, Taekyung has been in charge of various positions of strategy, planning, risk management, and marketing, among others.

He previously took the helm as head of the Global Business Division of Shinhan Bank Korea and gained working experience at Shinhan Bank America and Shinhan Bank Cambodia. In the latter, Taekyung doubled the size of the bank, including assets, profits, the number of branches, and employees in just two years.

“In the ever-evolving financial landscape, customers’ needs will change quickly. We must be a bank that keeps pace with customer changes with customer-oriented value as the top priority,” he noted. “Vietnam is the most important country globally for Shinhan Financial Group, and we sincerely appreciate all of the customers. Shinhan Bank Vietnam will continue to expand corporate social responsibility activities in Vietnam and contribute more to society.”

Standard Chartered Vietnam also appointed a new CEO in February. Michele Wee, a seasoned banker with over 25 years of industry experience, joined Standard Chartered in 2011 as global head of E-commerce Sales to build a business distribution channel for the bank’s Financial Markets (FM) clients.

Prior to her appointment as CEO in this country, she was the head of FM for Singapore, Australia, and Brunei, in which she was responsible for the development and execution of these markets’ FM strategy.

“Vietnam is an important market for our global network with significant opportunities to develop our businesses with universal banking capabilities. My key focus will be on providing valuable support and benefits to our clients, regulators, and the communities, building on our unrivalled local knowledge and international expertise,” Wee said.

She takes over the reins from Nirukt Sapru who was appointed as CEO for Vietnam, Laos, and Cambodia in 2013, and in 2015 took on the expanded role as the regional CEO for ASEAN and South Asia cluster markets including Australia, Brunei, Nepal, the Philippines, and Sri Lanka.

Last year, the Vietnamese subsidiary of Deutsche Bank appointed Huynh Buu Quang, former CEO of Maritime Bank (MSB), as its acting CEO. Quang had served as the CEO of locally-invested bank MSB for four years. He has 25 years of experience in the banking and financial sector and had previously held senior positions at HSBC.

Deutsche Bank’s Asia-Pacific CEO Alexander von zur Muehlen said, “With Vietnam a key growth market for our bank in ASEAN, we are delighted to have an individual of Quang’s calibre and experience leading the next phase in the expansion of the local franchise.”

In the region, Deutsche Bank AG has a long track record in providing corporate finance and advisory solutions to Vietnamese corporates, leading a number of notable capital market transactions. The bank’s expertise in loans and structured finance is also well known. Since 2017, Deutsche Bank has raised more than $1 billion in debt, loan and equity capital annually for Vietnamese corporates. The German lender confirmed its commitment in Vietnam to support higher trade flows from Europe, which are expected to increase following the recently ratified EU-Vietnam Free Trade Agreement.

Specifically, major Thai bank Kasikornbank received approval from the State Bank of Vietnam to open its Ho Chi Minh City branch in February. Kasikornbank aims to serve Thai business customers and clients of all shapes and sizes who have invested in Vietnam, as well as local retail customers. It targets lending of 10 billion baht ($318 million) in its first year of operation while also investing in startups with the aim of scouting advanced digital technologies for increased business opportunities.

“Kasikornbank has used the knowledge gained from services offered at its two representative offices in Hanoi and Ho Chi Minh City in order to upgrade the representative office in Ho Chi Minh City to a bank branch. It will focus on offering services to Thai, Chinese, Japanese, and South Korean companies wishing to expand their businesses in Vietnam for international trade and investment, as well as local entrepreneurs, especially those conducting business with Thai corporate customers of Kasikornbank,” the bank stated.

Elsewhere, Mizuho Financial Group, one of Japan’s largest financial groups, appointed managing executive officer of its banking unit Masahiko Katoas the new CEO of the bank in February.

By Celine Luu

Filed Under: Uncategorized financial, foreign-invested banks, corporate, Shinhan Bank Vietnam, Standard Chartered Vietnam, Shinhan Bank..., the fresh beat bank, fresh beat bank, hotels near pinnacle bank arena, bank vietnam, mizuho bank vietnam tuyển dụng, far east national bank vietnam, bank rush, m&t bank arena, ashley banks fresh prince of bel air, commerce bank ceo

Empowered couple lives off the grid for 38 years

April 18, 2021 by e.vnexpress.net

Empowered couple lives off the grid for 38 years

Ru Cha is a primeval mangrove forest in the Tam Giang – Cau Hai Lagoon in Thua Thien – Hue Province.

Empowered couple lives off the grid for 38 years

Nguyen Ngoc Dap, 77, and his wife Tran Thi Hong, 75, have been living in a 20- square-meter house as the only human residents of the mangrove forest for nearly four decades.

“38 years ago, my wife and I left the Thuan Hoa B village to live here and sent our kids to live with relatives. At that time, Ru Cha was really rich with fish and other seafood ,” Dap said.

Empowered couple lives off the grid for 38 years

Hong shows a photo of her and her husband in their Ru Cha house.

An early challenge for the isolated life they had chosen was the lack of freshwater. Dap ha d to go to the village to get freshwater every day.

Empowered couple lives off the grid for 38 years

E arly morning, Dap sets off in his small boat to catch fish and shrimp.

Empowered couple lives off the grid for 38 years

The couple then take the catch to the Thuan Hoa B village to sell or trade for food. The village is just one km away from the mangrove.

Empowered couple lives off the grid for 38 years

The couple places a lot of buckets and barrels around their home to collect rainwater. They have also bought a tank to store freshwater in. To save freshwater, Hong uses brackish water for rinsing fresh food and washing clothes. She rinses them later with freshwater.

Empowered couple lives off the grid for 38 years

Nguyen Dai Anh Tuan, Deputy Director of Agriculture and Rural Development Department of Thua Thien Hue Province, said Dap and his wife have been living in Ru Cha for a long time before it was designated a special-use forest. The ir living there doesn’t affect the natural environment of this area , he said. In fact, un der their watch, the Ru Cha mangrove forest has been well protected for decades and not overexploited like other areas.

Empowered couple lives off the grid for 38 years

The couple has rice with braised fish for lunch.

They have lived quite a simple life for nearly four decades. They follow a simple routine that ends with dinner, tea and conversation about how the day went.

Empowered couple lives off the grid for 38 years

In addition to fishing, the couple also breeds chickens and ducks. It is Dap ’s habit to watch his wife feeding the poultry every day.

Empowered couple lives off the grid for 38 years

After dinner, the couple usually sits at the ir front door to talk and look at the birds that fly to and from the forest.

“ T his month, many storks are visiting . It’s really interesting to watch hundreds of storks flying here after feeding,” Hong said.

Empowered couple lives off the grid for 38 years

These days, their house has become brighter thanks to a solar flashlight. The couple feels that in the coming years, many types of bird s will settle down in the area as the Ru Cha forest is expanded .

Filed Under: Uncategorized Empowered couple lives off the grid for 38 years - VnExpress International, Empowered couple lives off the grid for 38 years, 38 year old living at home, 38 year old living with parents, 38 year old man lives at home

Vietnamese businesses look to further optimize opportunities from CPTPP

April 18, 2021 by en.qdnd.vn

Among 14 free trade agreements (FTAs) Vietnam has signed, the CPTPP is a new generation FTA with high standards and the highest level of facilitation. Vietnam has been forecast to be one of the members that benefits the most from the deal.

However, the country has experienced challenges in optimizing the FTA because of its modest level of development and competitiveness.

Due to US-China trade tensions and the impact of COVID-19, the global economy fell into crisis last year with interrupted supply chains. Vietnam also suffered an economic downturn. Therefore, after two years of implementation, the benefits from the CPTPP are still to be seen.

Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry (VCCI), said that positive results in the two years of implementation include the reform of institutions and administrative procedures.

Explaining the modest benefits so far, Loc said major reasons include the poor competitiveness of Vietnamese enterprises, market instability, and the low capacity of State agencies.

Meanwhile, Nguyen Cam Trang, Vice Director of the Import-Export Department at the Ministry of Industry and Trade, said the CPTPP has helped promote Vietnam’s exports.

However, its market share and export growth to the six partners that have implemented the CPTPP have been low.

She noted that Vietnam’s market share is 3.1 percent in Japan, 1.9 percent in Australia, 1.6 percent in New Zealand, 1.3 percent in Mexico, 1.1 percent in Canada, and 1 percent in Singapore.

Growth in exports to CPTPP markets was 12.2 percent in 2018, 13 percent in 2019, and 12.02 percent in 2020, Trang added.

She said that, in the future, State agencies should enhance their capacity to implement the CPTPP while continuing to complete legal policies, strengthen communications regarding the deal, support macro-, small-, and medium-sized enterprises to improve their capacity, encourage investment in material production, and design measures to reduce logistics costs.

Businesses should also be more active in seeking opportunities from the deal, while changing their mindset and exploring demand in CPTPP markets to design suitable business strategies and plans, she added.

A survey by VCCI showed that about three-quarters of businesses said they will adjust their business plans to optimise the opportunities from the CPTPP and other FTAs.

Source: VNA

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VietinBank Securities bags $90 million syndicated loans from international banks

April 16, 2021 by www.vir.com.vn

vietinbank securities bags 90 million syndicated loans from international banks
International lenders signing the credit facility to support VietinBank Securities

VietinBank securities has received additional funding support with the recent signing of $60 million of syndicated loans, following a $30 million facility just a month ago.

On April 15, a consortium of major international lenders operating in Vietnam – Woori Bank Vietnam (Bac Ninh Branch), Taipei Fubon Commercial Bank Vietnam, and Cathay United Bank Vietnam – has inked an agreement to facilitate $60 million for the additional financial needs of VietinBank Securities.

In particular, Woori Bank Vietnam (Bac Ninh Branch) specifically provided $50 million, while Taipei Fubon and Cathay United provided $10 million altogether.

Last month, a group of four Taiwanese lenders – the Union Bank of Taiwan, Taichung Commercial Bank Co., Ltd.’s Labuan branch, Taishin International Bank, and Huanan Commercial Bank – also rolled out a $30 million syndicated loan with a 12-month tenure for VietinBank Securities.

“We firmly believe that $90 million of high-profile syndicated loans would bring about more additional capacity for us to increase our foothold in Vietnam’s equity market and access to more potential customers,” noted Ho Thi Thu Hien, chairwoman of the board at VietinBank Securities.

On the same note, Lee Myoung Ho, Woori Bank Vietnam (Bac Ninh Branch) director and chief representative, applauded the brokerage’s vast potential and how the syndicated loans could pave the way for the company to bolsters its strength thanks to the competitive capital.

“Woori Bank is one of the largest South Korean banks with extensive years of experience in providing top-notch financial services. With our vast experience, we believe in VietinBank Securities’ strong standing and impressive performance in the past year,” he told VIR .

The deal is envisaged to lay concrete foundations for the company to boost its activities related to international loan advisory and financing arrangements.

vietinbank securities bags 90 million syndicated loans from international banks

At the signing ceremony, VietinBank Securities also connected businesses in various areas, such as Novaland Group, Minh Phu Seafood Group, Viet Hung Industrial Investment JSC, Louis Agro Group JSC, and other enterprises.

As one of the eldest, most experienced seven brokerage companies in the country, VietinBank Securities – as a part of state-owned lender VietinBank – has a proven customer-centric approach, with a wide range of tailored financial services such as underwriting-capital raising, mergers and acquisitions advisory, and asset management, to name a few.

By Luu Huong

Filed Under: Uncategorized VietinBank Securities, VietinBank, bank, loan, Money, security bank personal loan, banks offering 90 percent home loan, secured loans 90 ltv, syndicated bank loans, security bank loan, secured loan 90 ltv, security offered for loan to bank, syndicate bank education loan application form, syndicate bank education loan calculator, syndicate bank education loan procedure, syndicate bank education loan scheme, education loan calculator syndicate bank

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