Electricity of viet nam

Revenue rose 38.3% year on year to RMB12.9 billion Setting differentiated advantage through technology reinforcementProduction capacity ramped up to boost profitability Results Highlights: A double-digit increase achieved in sales volume and revenue, steady growth in net profit Developing all-aluminium formwork components, and initiating the leasing business of aluminium alloy formwork Client-oriented strategy for the support of new energy vehicles and fabricated products High-end products continue to contribute, including the delivery of a newly-built all-aluminium superyacht by Silver Yachts An interim dividend of HK$0.1 per share declared, representing a dividend payout ratio of approximately 45.9% Financial Highlights: (RMB million) For the six months ended 30 June       Change YoY 2019 2018 Sales volume (tonnes) 532,275 325,096 +63.7% Revenue 12,900 9,329 +38.3% Gross profit … [Read more...] about China Zhongwang announces 2019 interim results

Production of electronic components at TPR Vietnam Co. Ltd at the Việt Nam-Singapore Industrial Park II (VSIP II) in the southern province of Bình Dương. — VNA/VNS Photo Hải Âu HÀ NỘI – There are nine key tasks that must be accomplished in 2019-20 to restructure Viet Nam’s economy, according to the Minister of Planning and Industry Nguyễn Chí Dũng. Minister Dũng told the National Assembly on Monday afternoon that the Government needed to improve the mechanisms of the market-oriented economy to restructure the economy. Private companies and people must be empowered and given more incentives and reductions in taxes and administrative procedures to nurture their business development, he said. Secondly, a competitive market must be built on two main pillars: better allocation of resources for the private sector and better practice of property rights, Dũng said. In addition, the Government has to … [Read more...] about NA talks key tasks for next stage of economic growth

The cyber-physical learning factory of Festo (Photo courtesy of the company) HCM City (VNS/VNA) - Festo, a German supplier of automation technology and technical education, plans to expand investment in Việt Nam to take advantage of the increasing foreign investment and production in the country. Ansgar Kriwet, member of the management board of Festo, said Việt Nam has the fastest growing economy in Southeast Asia with a growth rate of 6.5 per cent. Manufacturing is its strongest sector and accounts for more than 50 per cent of FDI, he said. As Asia’s new manufacturing hub, Việt Nam requires strong support from motion automation, he said. Putting industry 4.0 into action means both intensively investigating new technologies and preparing employees for the challenges of future production, he added. Festo’s cyber-physical systems encompass the new developments of networked production in industry 4.0 and offer a modular smart factory system for teaching … [Read more...] about Germany automation firm Festo to expand investment in Việt Nam

Stock Market Stock market eases after two days of gains The Saigon Times Daily Tuesday,  Dec 10, 2019,19:08 (GMT+7) Stock market eases after two days of gainsThe Saigon Times Daily Investors watch an electronic board displaying stock information at Bao Viet Securities Company. The indexes of the HCMC and Hanoi exchanges tumbled today, June 27 - PHOTO: VNA HCMC – After two days of rising, the VN-Index of the Hochiminh Stock Exchange declined today, December 10, as a selloff came back on the southern bourse. With 130 stocks gaining and 204 others falling, the main index ended at 960.3 points, down 5.76 points, or 0.6%, against the day earlier. Trade volume tumbled 11% to 242.72 million shares but value increased a slight 2% to more than VND5 trillion. In block deals, nearly 72 million shares changed hands with a total value of over VND1.7 trillion. Many blue-chip stocks lost further. For example, gas distributor … [Read more...] about Stock market eases after two days of gains