Raw materials shortage s In the first half of 2022, export turnover of goods reached US$185.94 billion, up 17.3 percent over the same period last year. But while many enterprises have orders until the end of the year, they cannot speed up production due to raw material shortages. Director of Datalogic Vietnam Limited Liability Company, Dang Van Chung said the market demand is large, but businesses cannot accept new orders due to lack of electronic components. It also takes time to find alternative sources of raw materials, as reflected in the factory's revenue being 15 percent lower than the plan. “The shortage of electronic components is a general problem of the electronics industry. Relevant departments of the company are helping seek alternatives to meet customers’ needs,” said Chung. Vo Quang Ha, Vice Chair of the Dong Nai Wood and Handicraft Association, said wood supplies from Europe to Vietnam have plunged due to the impact of the Russia-Ukraine war. … [Read more...] about Exporters struggle with raw materials shortages
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Phat Dat’s strategy to successfully acquire new real estate projects
In 2020, chairman Nguyen Van Dat appointed you as CEO of Phat Dat. Taking on this new responsibility, how did you feel back then? Throughout Phat Dat's 16-year history, the chairman and founder exerted his influence on every decision. In such a context, I found myself in a favourable situation thanks to the inherited strategic orientations from the chairman and the determined management team. Besides this, Phat Dat has embarked on an ambitious plan for 2019-2023 to restructure its investment portfolio, targeting billions USD in market cap and exceeding 50 per cent in compound growth rate. Growing up inside the organisation, I am enthusiastic about Phat Dat's development. My new task, which capitalises on the past achievements and simultaneously accompanies the chairman to write Phat Dat's further development, is really challenging. When I received the appointment decision, many thoughts crossed my mind. I immediately told myself that I must live well, grow strongly, and see … [Read more...] about Phat Dat’s strategy to successfully acquire new real estate projects
HCMC proposes preferential policies for investment in non-state-owned preschools
At the meeting The statement was made at a working session on policies and laws regulating preschool in export processing zones and industrial parks in the city between the supervision delegation of the National Assembly (NA)'s Committee on Culture and Education led by Vice chairwoman of the committee, Nguyen Thi Mai Hoa and the HCMC People’s Committee on August 18. Chairwoman of the NA’s Committee on Culture and Education, Nguyen Thi Mai Hoa said that the supervision delegation will have working sessions with provinces and cities, including Can Tho, Dong Nai, Binh Duong, Hanoi, Bac Giang and HCMC. The meeting will focus on the comprehensive view of kindergarten education, the level of meeting the people’s demands, and assessment of the implementation of policies and laws regulating preschool and existing problems. Chairwoman of the NA’s Committee on Culture and Education, Nguyen Thi Mai Hoa speaks at the event. According to Deputy Director of the HCMC Department of … [Read more...] about HCMC proposes preferential policies for investment in non-state-owned preschools