Businesses who hire 15 year olds

Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. … [Read more...] about VIETNAM BUSINESS NEWS MARCH 6

Compared to the same period last year, the number of investment projects was 2.14 times higher, and the value of investment projects was 25 times higher. Currently, Binh Dinh is striving to complete the procedures and guidelines to create the best conditions for enterprises to implement projects soon. According to Binh Dinh Investment Promotion Center, the prospect of investment attraction in this province this year is extremely optimistic. Many domestic investment enterprises have been maintaining good production and business activities and gradually recovering to expand projects. Especially, foreign investors are still largely interested and have confidence in the province. By Ngoc Oai – Translated by Thanh Nha … [Read more...] about Binh Dinh attracts 15 projects with total investment of nearly VND24 trillion

Loading rice for export at Sai Gon port (Photo: VNA) HCM City (VNA) - Increasing global demand , stable domestic production , and better rice quality count among the reasons Vietnam can be confident its rice exports will prosper again in 2021 and surpass the 3.1 billion USD in revenue posted in 2020, despite a significant decline in the first two months of this year. According to figures from Vietnam Customs , Vietnam earned 192 million USD from shipping nearly 348,000 tonnes of rice overseas in January, down 34.2 percent in value and 36.4 percent in volume against December and 2.4 percent and 15.4 percent, respectively, year-on-year. As the Lunar New Year (Tet) holiday fell in February, the month’s export turnover is expected to be down. Nguyen Van Don, Director of Tien Giang province’s Viet Hung Limited Company, said the beginning of the year is never the peak time for trade, as consumers have already purchased rice for the long holiday period at the end of … [Read more...] about Rice exports to see bright outlook this year

Six businesses in United Arab Emirates (UAE), Abdul Aziz Abdul Gaffar Foodstuff Trading LLC, Green Light Foodstuff Trading LLC, Climax General Trading LLC, Loyalpur General Trading LLC, Choice Global FZC/Vital Fresh General Trading LLC and International Dragon Food Trading LLC (IDP), are said to have conducted numerous activities last year that have been reported as showing signs of fraud, according to the Office. Fraudulent signs include ordering without paying, document forgery and cyber hacking, the office said. For example, hackers could compromise the email addresses of two businesses to monitor negotiations. When a deal is about to be reached, they would either use compromised email addresses or create fake ones to trick buyers with fake account information. Once buyers transfer money into the fake accounts, believing them to be the genuine accounts of sellers, hackers would take the money instead. Some Vietnamese businesses have also been careless with their conduct, … [Read more...] about Fraudulent UAE firms pose threat to Vietnamese businesses

FLC of billionaire Trinh Van Quyet has seen the share price soar amid the HCM City Stock Exchange’s (HOSE) notice about the businessman’s plan to buy 15 million shares. Billionaire Trinh Van Quyet The stock exchange released a notice about the transaction of internal shareholders of FLG Group, under which Quyet, FLC president, has successfully bought 15 million FLC shares as registered. The transaction was carried out under the mode of order matching on February 4-March 3. As such, Quyet bought shares at the price of VND6,500 per share. At the March 3 trading session, FLC share saw the price increase by another 7 percent to VND6,520 per share. FLC share price hit the ceiling level while investors have been stirred up by the news about the policy on expanding trading lots to 1,000 units instead of 100 units, mentioned by HOSE’s head, Le Hai Tra, as a solution to the order congestion recently. Some analysts said with the policy, small investors with small capital won’t … [Read more...] about Billionaire concludes major deal