Bm 42 for sale

LG Electronics is looking to sell its smartphone plants. Source: Glassdoor After announcing to withdraw from the smartphone business, LG Electronics is closing down production plants in Haiphong (Vietnam), Taubate (Brazil), and Qingdao (China) after failing to effect a breakthrough, according to Business Korea . Of these, the Haiphong plant, which is the largest among LG Electronics' smartphone plants with an annual capacity of about 10 million smartphones, equaling about half of LG's total smartphone output, has been announced to find a buyer at the selling price of KRW100 billion ($90 million). Realising the difficulties of finding a local buyer, which is going to manufacture almost 10 million smartphones per year, LG Electronics is considering selling the plant site only, without the production lines. The Taubate and Qingdao plants are facing the same difficulties. They have a total capacity of about 8-9 million smartphones a year. After a rumour about the sale of the … [Read more...] about LG Electronics looking for buyer for smartphone plants

Masan High-Tech Materials’ management board answer questions from shareholders and investors at the company’s annual general meeting held in Ha Noi on April 12. — Photo courtesy of the company Masan High-Tech Materials (HNX-UpCOM: MSR, MHT) has set a target of net revenue growth of over 50 per cent in 2021, attributing to the H.C. Starck Tungsten Powders integration for the whole year, higher sales revenue and selling prices on the market. The better price and bigger revenue will enable Masan High-Tech Materials to achieve earnings before interest, taxes, depreciation, and amortisation (EBITDA) growth more than 100 per cent over last year, and strongly backed by the strict cost control in lean production activities. Attributable net profit after tax is expected to be at appropriately VND200 - 400 billion (US$8.66 -17.3 million). Speaking at its annual general meeting with the theme of “Go Global” held in Ha Noi on April 12, Craig Richard Bradshaw, general director of Masan … [Read more...] about MHT continues ‘Going Global’, reinforcing the vision to become a leading integrated supplier of advanced high-tech materials

A preschool teacher and her students during playtime in HCM City’s Bình Thạnh District. – VNS Photo Diệp Phan HCM CITY – The HCM City People’s Council has revised plans to improve the salaries of new preschool teachers in an effort to address the shortage of teachers at local preschools. New graduates working in public preschools will continue to receive financial support to 2025. Under the plan, new preschool teachers will continue to receive monthly support of VNĐ3 million (US$130) in the first working year, or 100 per cent of their base salary. In the second year, support will be 70 per cent of the base salary and in the third year 50 per cent. Preschools in the city recruit about 600 teachers a year, so the city needs about VNĐ20 billion ($870.26) to carry out the plan. The original plan, which began in 2014, helped triple the number of preschool teachers in the city to 1,205 in 2019, according to the city’s Department of Education and Training. However, the city now … [Read more...] about City to increase financial support for preschool teachers

During a meeting held between municipal authorities and the National Steering Committee for COVID-19 Prevention and Control on April 12, Phong said that on April 10 alone Cambodia recorded a further 477 positive COVID-19 cases, with the figure rising to 800 in Thailand. He therefore urged local authorities to take steps to reinforce measures aimed at combating the COVID-19 pandemic, although there has been no new cases detected within the community over the past two months. This comes after the border area in Long An province has witnessed many young Chinese nationals illegally enter the country with the aim of moving on to Cambodia in order to find employment. Furthermore, the number of overseas Vietnamese who have tried to return home from Cambodia has been rising due to concerns about the development of the COVID-19 pandemic in the neighbouring country. The mayor has therefore called on every ward and commune to closely monitor the number of immigrants, with local policemen … [Read more...] about HCM City urged to put COVID-19 response measures in place

Authorities in HCM City are worried about the risk of Covid-19 infection from neighbouring countries, particularly Cambodia, due to illegal immigrants. This morning, April 12, the HCM City Covid-19 Prevention and Control Steering Board held an urgent meeting with concerned agencies about the complicated situation of Covid-19 pandemic in Cambodia and the world. At the event, chairman of the municipal people’s committee Nguyen Thanh Phong said that on April 10, Cambodia saw up to 447 new Covid-19 cases and the figure was 800 cases in Thailand. This has posed risks for HCM City as many Chinese people have been found illegally entering Vietnam in order to seek entry to Cambodia. Chairman of the HCM City people’s committee Nguyen Thanh Phong at the meeting Lots of Vietnamese people have also been caught leaving Cambodia to return Vietnam to avoid the pandemic. Phong requested HCM City to tighten control over the entry to detect illegal immigrants. Every ward in … [Read more...] about HCM City concerned about Covid-19 infection risks from Cambodia