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Posts Tagged ‘makers’

Two foreign drug makers promise to reduce medicine prices

In Uncategorized on December 16, 2010 at 10:02 am

Two pharmaceutical enterprises promised to decrease some medications under the proposal of the Vietnam Drug Administration (VDA).

Cardiovascular drug Vasterel will be decreased 10 percent as  Les Laboratoires Servier  promises to reduce its price

In response to VDA’s appeal to foreign pharmaceutical enterprises in Vietnam for reducing prices of drugs, Ebewe Pharma GmbH Nfg. KG of Austria and Les Laboratoires Servier of France sent a notification to VDA to say they will reduce prices of specific drugs for treatment of cancer, heart diseases, diabetes and antibiotics.


Austria’s pharmaceutical companies said it will decrease 16 medications over 31 for treatment cancer diseases. Its products will have an average decrase from 5 percent to 12 percent.


Meanwhile France said it decreased by 7 percent for drugs for treatment diabetes (Diamicron 80mg) and 10 percent for cardiovascular disease medicines (Vastaren).


In addition, GlaxoSmithKline (GSK) is considering reducing prices of some drugs with huge turnover and quantity, including antibiotic for adults and kids.


Especially, these companies pledged to keep stable supply of specific drugs in hospital pharmacies.

Source: SGGP

Sony leads Japan’s electronics makers back to black

In Uncategorized on July 29, 2010 at 11:19 am

TOKYO, July 29, 2010 (AFP) – Japanese electronics giant Sony on Thursday said it returned to the black in the fiscal first quarter thanks to strong sales in televisions, its PlayStation 3 console and computers.


The maker of Bravia televisions and Cyber-shot cameras reported a profit of 25.7 billion yen (293 million dollars) compared with a 37.1 billion yen loss a year ago.


Under chief executive and president Howard Stringer, the Japanese company has been streamlining operations and cutting costs to trim back the sprawling group, which was battered by the global downturn.


The electronics giant has been forced to undergo major restructuring — slashing thousands of jobs, selling facilities and turning to suppliers for parts — after seeing losses pile up as the financial crisis hit demand.


On Thursday Sony also upwardly revised its annual profit forecast by 20 percent to 60 billion yen in the year ending March 2011 despite worries over the yen’s strength versus other major currencies, which could erode profits.


The company warned that “further appreciation of the yen against the euro is expected for the remainder of the year” and revised its exchange forecast to 110 yen versus the euro, compared with 125 forecast in May.


It maintained its previous forecast of 90 yen to the dollar.


Japanese exporters remain anxious about the recent strength of the safe-haven yen versus the euro and the dollar amid ongoing uncertainty over the eurozone economy and doubts over the durability of a US recovery.


If sustained, a stronger yen could erode repatriated overseas profits and make goods more expensive overseas.


In the quarter ended June, Sony posted an operating profit of 67 billion yen compared to a loss in the same period a year ago.


The company is also banking on the mounting popularity of products that enable three-dimensional viewing.


In April it released a software update enabling the PS3 to support 3D games. Televisions showing 3D images went on sale in Japan last month.


Shares in Sony closed 0.03 percent lower in Tokyo Thursday before the earnings announcement.


Separately Toshiba Corp. said Thursday that it barely returned to the black for the first quarter on strong demand for flash memory chips used in laptops, smartphones and other gadgets.


Toshiba reported a net profit of 466 million yen, reversing a net loss of 57.8 billion yen a year earlier. Its sales for the three months rose 9.7 percent to 1.47 trillion yen.


Toshiba, whose business spans across consumer electronics, industrial components and nuclear power plants, maintained its forecast for a net profit of 70 billion yen on sales of 7.0 trillion yen for the current financial year.


Rival Sharp Corp. also said it returned to the black in the first quarter to June with a net profit of 10.7 billion yen (123 million dollars) on strong sales of liquid crystal display screens and mobile phone handsets.


It had posted a net loss of 25.2 billion yen a year earlier.


Japan’s top manufacturer of liquid crystal display (LCD) TVs, marketed under the AQUOS brand, said it expected a net profit of 50 billion yen for the current financial year to March 2011, unchanged from its previous forecast.

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Source: SGGP

Mekong salt makers can’t sell bumper harvest

In Uncategorized on July 15, 2010 at 12:48 pm

Although the government instructed companies to stockpile salt, salt farmers in the Mekong Delta province of Bac Lieu, the region’s salt production hub, are still facing losses on the heels of a good harvest.

Salt makers transport salt to a warehouse of the Bac Lieu Commercial JSC (Photo: SGGP)

Three weeks ago, Ho Xuan Hung, deputy minister of Agriculture and Rural Development, ordered companies to buy salt from farmers, who currently have 200,000 tons in stock.

However, the Bac Lieu Salt and Trading Company has only been buying white salt while around 80 percent of the stock for sale is black, according to Phan Minh Quang, vice director of the Bac Lieu province Department of Agriculture and Rural Development.


Now these farmers can barely feed themselves.


Hoa Binh District salt farmer Nguyen Van Phuoc was in despair on July 13: “My family makes only traditional black salt but the firm [Bac Lieu Salt and Trading Company] is only purchasing white salt. I had to resign myself to sell salt at VND300 a kilogram to local traders as a last resort to have a little money for food.”


His fellow Tran Van Thoai in district Dong Hai complained he was still waiting for buyers as his 70 tons of salt were all black.


The flip side of the coin is that white salt producers are also furious at the company for paying lower rates than had been announced earlier.


The Government had preciously stated it that white salt would be bought for VND900- VND1000/kg and that farmers who transported the salt to the buyers would receive VND150 a kilogram extra.


But many farmers, including Hoa Binh’s Nguyen Van Thong, said the company has broken the rule and is only buying white salt at VND900 no matter what, even when farmers transport the product themselves.


But Mr. Quang argued that farmers could profit by selling at VND900 because they had bumper harvest this year. He said Bac Lieu Salt and Trading Company would certainly buy more salt in the future.

Source: SGGP

Agricultural officials meet to help salt makers

In Uncategorized on May 5, 2010 at 4:39 pm




Agricultural officials meet to help salt makers


QĐND – Wednesday, May 05, 2010, 21:39 (GMT+7)


The Ho Chi Minh City Department of Agriculture and Rural Development met May 4 to discuss helping salt makers in Can Gio District who have been hard by cheap imports.

At the meeting, Phan Thanh Thuoc, chairman of Tien Thanh salt cooperative in Can Gio District, said that the cooperative had a bumper crop this year thanks to a new production method in which workers produce salt on nylon canvas instead of directly on the ground.


The new production method has doubled salt output over last year to reach 120 tons per hectare. And the salt grains are much purer, salt farmers said.


However, a kilogram of salt now sells for just around VND700, compared to VND1,700 last year, thanks to a wave of salt imports, many from India.


Though the cooperative had been able to sell its salt – because of it’s higher quality – only 50 hectares in Can Gio are using the nylon canvas method, meaning that 1,500 hectares in the district were employing other farming practices.


Most farmers outside the cooperative still produce salt with traditional methods, which yield lower outputs and fetch lower prices. They can’t compete with cheaper imports.


Mr. Thuoc said that the cooperative had already bought all salt made by its members and a small portion produced outside the group. But it does not have enough money to buy and process more for sale.


According to Government regulations, the cooperative is only allowed to borrow an amount that does not exceed the capital contributed by its members, about VND3 billion (US$158,000).


Although the cooperative is able to consume more salt and its loan projects have been deemed very feasible by the Bank of Agriculture and Rural Development, the cooperative has not been able to take more loans.


Mr. Thuoc said the cooperative built a salt processing plant in 2009 and several food processing companies have bought salt made by the cooperative instead of importing from Thailand, India, and China.


The cooperative’s four warehouses now can accommodate an extra of 4,000 tons of salt but they are empty.


Lack of salt, prices plunge


Tran Quang Phung, chairman and general director of Southern Salt Group, who is also chairman of southern salt association, said Korean companies loved to make kimchi with Can Gio salt.


He said it was because the taste of Can Gio salt was not as sharp as salt from Central Vietnam.


The group exports about 60,000 tons of Can Gio salt to Korea annually, however in recent years, the group could not find enough high quality salt to process this year.


Mr.Phung said that several farmers outside the collective focused only on quantity not quality. As a result, the salt grains are mixed with soil and are slightly yellow in color.


He also said that even though the local supply of salt was short, prices were falling due to import policies that let too much foreign salt into Vietnam.


To help salt makers, Nguyen Trong Liem, official from the Agriculture and Rural Development, said that his department would coordinate with the city’s Agricultural Consultation and Assistance Center to organize a conference of salt processing businesses to discuss buying salt from farmers through preferential-interest loans.


Mr. Liem also said that his sub-department would also assist the Tien Thanh salt cooperative to sell its salt products to supermarkets in the city and other provinces.


The sub-department will also petition the Government to limit salt imports, Liem said.


The southern salt association has said that the Government should discharge quotas granted to businesses and has proposed the common taxes of 50 percent to help domestic salt production.

Source: SGGP

Source: QDND

Agricultural officials meet to help salt makers

In Uncategorized on May 5, 2010 at 12:38 pm

The Ho Chi Minh City Department of Agriculture and Rural Development met May 4 to discuss helping salt makers in Can Gio District who have been hard by cheap imports.

Farmers harvest salt in Can Gio District, HCMC (Photo: SGGP)

At the meeting, Phan Thanh Thuoc, chairman of Tien Thanh salt cooperative in Can Gio District, said that the cooperative had a bumper crop this year thanks to a new production method in which workers produce salt on nylon canvas instead of directly on the ground.


The new production method has doubled salt output over last year to reach 120 tons per hectare. And the salt grains are much purer, salt farmers said.


However, a kilogram of salt now sells for just around VND700, compared to VND1,700 last year, thanks to a wave of salt imports, many from India.


Though the cooperative had been able to sell its salt – because of it’s higher quality – only 50 hectares in Can Gio are using the nylon canvas method, meaning that 1,500 hectares in the district were employing other farming practices.


Most farmers outside the cooperative still produce salt with traditional methods, which yield lower outputs and fetch lower prices. They can’t compete with cheaper imports.


Mr. Thuoc said that the cooperative had already bought all salt made by its members and a small portion produced outside the group. But it does not have enough money to buy and process more for sale.


According to Government regulations, the cooperative is only allowed to borrow an amount that does not exceed the capital contributed by its members, about VND3 billion (US$158,000).


Although the cooperative is able to consume more salt and its loan projects have been deemed very feasible by the Bank of Agriculture and Rural Development, the cooperative has not been able to take more loans.


Mr. Thuoc said the cooperative built a salt processing plant in 2009 and several food processing companies have bought salt made by the cooperative instead of importing from Thailand, India, and China.


The cooperative’s four warehouses now can accommodate an extra of 4,000 tons of salt but they are empty.


Lack of salt, prices plunge


Tran Quang Phung, chairman and general director of Southern Salt Group, who is also chairman of southern salt association, said Korean companies loved to make kimchi with Can Gio salt.


He said it was because the taste of Can Gio salt was not as sharp as salt from Central Vietnam.


The group exports about 60,000 tons of Can Gio salt to Korea annually, however in recent years, the group could not find enough high quality salt to process this year.


Mr.Phung said that several farmers outside the collective focused only on quantity not quality. As a result, the salt grains are mixed with soil and are slightly yellow in color.


He also said that even though the local supply of salt was short, prices were falling due to import policies that let too much foreign salt into Vietnam.


To help salt makers, Nguyen Trong Liem, official from the Agriculture and Rural Development, said that his department would coordinate with the city’s Agricultural Consultation and Assistance Center to organize a conference of salt processing businesses to discuss buying salt from farmers through preferential-interest loans.


Mr. Liem also said that his sub-department would also assist the Tien Thanh salt cooperative to sell its salt products to supermarkets in the city and other provinces.


The sub-department will also petition the Government to limit salt imports, Liem said.


The southern salt association has said that the Government should discharge quotas granted to businesses and has proposed the common taxes of 50 percent to help domestic salt production.

Source: SGGP

A rush of holiday makers return to cities

In Uncategorized on May 5, 2010 at 8:35 am

Holiday makers had to make a lot of exertion to reach tourist spots or return home and again had to face miserableness  to come back to the city. 

The Liberation Day and May Day fell on the weekend hence government workers and laborers had at least three days off for vacation.


Most of transport companies operated a huge additional bus trips but still could not meet demand. After bringing passengers to the city, the buses hurriedly left for picking up travelers in provinces.


Buses from Mekong Delta provinces of Long An, Tien Giang, Dong Thap and the southern province of Ba Ria – Vung Tau, the south-central coast province of Binh Thuan and more were overloaded with people.


The increase of buses to help holiday makers come back to the city resulted in traffic congestion on the National Highway 1A which is the major route from neighboring provinces to the city.


The similar situation also occurred in Hanoi.


Traffic was blocked at bus stations like My Dinh, Nuoc Ngam because a massive number of people crowded on the streets to catch buses, taxi and taxi-motorcycles.


The bus fare has remarkably increased by 50-100 percent for routes from provinces Tuyen Quang, Thanh Hoa, Nghe An and others to the capital.


Buses of transport private enterprises stopped on the way to illegally pick up too many passengers and speeded along the roads dangerously, several passengers complained.


 


Source: SGGP

Holiday makers flock to tourist spots, causing overload everywhere

In Uncategorized on May 3, 2010 at 8:29 am

The public holidays on the occasion of Reunification Day and May Day followed by  this weekend help people have more time to relax in tourist hot pots or in entertainment  centers,  causing public transport and entertainment centers to be overloaded in the city.

Thousands of people wait for buying tickets at the Eastern Bus Station in Ho Chi Minh City on April 30. (Photo:SGGP)

Thousands of people made long queues for bus and train, airplane tickets on April 29-30 to come back hometown and tourist spots.


At the Eastern Bus Station, a long line of passengers waited for ticket to Vung Tau, Dat Lat and Phan Thiet.


Transport companies said that they had sold out tickets to Da Lat, Phan Thiet at noon on April 29.


It took a long time to buy ticket, so some passengers had to catch buses on streets such as Highway No.13, Inter-Asia and Hanoi Highways on April 30.


Hundreds of people waited for buses on the streets, causing a traffic congestion over one  hour on the National Highway 1A.


According to Nguyen Ngoc Thuc, director of the Eastern Bus Station, on April 30 at noon hundreds of  passengers could catch buses because the station provided more buses to meet passengers’ demand during the public holidays.


There were over 50,000 passengers buying tickets at the station during two days, said Thuc.


Meanwhile, routes to entertainment centers such as Suoi Tien, Dam Sen were much clogged.


Although the city’s Public Passenger Transport Management and Operation Center increased numerous bus trips, mostly to entertainment parks in the city, the buses could not meet demand, cause passengers to jostle with others for the buses.


Thousands of people waited for ticket at the Cat Lai ferry station and the ferry management board had to involve all the staff in selling tickets, aiming to reduce jams.


In Hanoi, thousands of people queued up to visit late President Ho Chi Minh at the Ho Chi Minh Mausoleum.


Traffic jams also occurred on many streets, gateways to Hanoi such as Phap Van – Thanh Tri intersection, Highway No.1.


It took three or four hours to go from Hanoi to Phu Ly City, 60 kilometers from the capital city, by bus, said a driver.


Although bus stations in Hanoi intensified more bus routes, it was difficult for passengers to buy tickets. Ticket counters said that they were run out of tickets.


Dinh Thi Thu Thuy, head of the Hoi An Department of Commerce and Tourism on April 30 said the ancient city welcomed more than 3,000 foreign visitors on the occasion.


According to the management board of Dai Nam entertainment park in southern province of Binh Duong welcomed more than 80,000 visitors on April 30, however, traffic jams occurred on Highway No.13 because numerous people flocked into the tourist site.


Before the public holidays national weather forecasters said that the hottest days of the year would fall in the holidays hence tens of thousands of holiday makers flocked to beaches to avoid the hot, resulting in the overloaded in seaside areas.
 

Source: SGGP

Holiday makers flock to tourist spots, causing overload everywhere

In Uncategorized on May 3, 2010 at 3:18 am




Holiday makers flock to tourist spots, causing overload everywhere


QĐND – Saturday, May 01, 2010, 21:36 (GMT+7)

The public holidays on the occasion of Reunification Day and May Day followed by  this weekend help people have more time to relax in tourist hot pots or in entertainment  centers,  causing public transport and entertainment centers to be overloaded in the city.


Thousands of people made long queues for bus and train, airplane tickets on April 29-30 to come back hometown and tourist spots.


At the Eastern Bus Station, a long line of passengers waited for ticket to Vung Tau, Dat Lat and Phan Thiet.


Transport companies said that they had sold out tickets to Da Lat, Phan Thiet at noon on April 29.


It took a long time to buy ticket, so some passengers had to catch buses on streets such as Highway No.13, Inter-Asia and Hanoi Highways on April 30.


Hundreds of people waited for buses on the streets, causing a traffic congestion over one  hour on the National Highway 1A.


According to Nguyen Ngoc Thuc, director of the Eastern Bus Station, on April 30 at noon hundreds of  passengers could catch buses because the station provided more buses to meet passengers’ demand during the public holidays.


There were over 50,000 passengers buying tickets at the station during two days, said Thuc.


Meanwhile, routes to entertainment centers such as Suoi Tien, Dam Sen were much clogged.


Although the city’s Public Passenger Transport Management and OperationCenter increased numerous bus trips, mostly to entertainment parks in the city, the buses could not meet demand, cause passengers to jostle with others for the buses.


Thousands of people waited for ticket at the Cat Lai ferry station and the ferry management board had to involve all the staff in selling tickets, aiming to reduce jams.


In Hanoi, thousands of people queued up to visit late President Ho Chi Minh at the Ho Chi Minh Mausoleum.


Traffic jams also occurred on many streets, gateways to Hanoi such as Phap Van – Thanh Tri intersection, Highway No.1.


It took three or four hours to go from Hanoi to Phu Ly City, 60 kilometers from the capital city, by bus, said a driver.


Although bus stations in Hanoi intensified more bus routes, it was difficult for passengers to buy tickets. Ticket counters said that they were run out of tickets.


Dinh Thi Thu Thuy, head of the Hoi An Department of Commerce and Tourism on April 30 said the ancient city welcomed more than 3,000 foreign visitors on the occasion.


According to the management board of Dai Nam entertainment park in southern province of Binh Duong welcomed more than 80,000 visitors on April 30, however, traffic jams occurred on Highway No.13 because numerous people flocked into the tourist site.


Before the public holidays national weather forecasters said that the hottest days of the year would fall in the holidays hence tens of thousands of holiday makers flocked to beaches to avoid the hot, resulting in the overloaded in seaside areas.


Source: SGGP


Source: QDND

VN coffee makers seek out Italy

In Uncategorized on September 30, 2008 at 6:23 pm

ROME — Representatives from 11 leading Vietnamese coffee producers and exporters met with Italian businesses at a workshop in Rome last Friday to discuss market demand and seek Italian distribution partners.


The seminar was hosted jointly by the Vietnamese embassy in Italy and authorities of the Lasio region.


Viet Nam has increased its market share in Italy as the taste of its coffee has better met with Italian consumers’ requirements and palates, said Vincenzo Sandalj, President of the Coffee Association of Trieste city.


Italy, the fifth largest coffee importer in the world with an nnual growth rate of 6 per cnt, holds still more opportunities for Vietnamese businesses, he said.


Viet Nam is the second-largest coffee exporter in te world, holding a 20 per cent share of the world market with an average annual export volume of 840,000 tonnes, said President of the Viet Nam Coffee Corporaion (VINACAFE) Doan Dinh Thiem at the seminar.


Viet Nam stands second, following Brazil, in exports o coffee to Italy with an verage of 66,000 tonnes per year, though Thiem stressed that there is still substantial potential for further trade between the two countries.


Italy comes after Germany, the US and Spain for the biggest volume of coffee exported from Viet Nam.


Some of the largest coffee businesses in Italy have opened representative offices and commenced joint ventures in Viet Nam. —

Car makers rev up sales pitches

In Uncategorized on August 22, 2008 at 3:54 pm







A Ford sedan displayed at the Viet Nam Motor Show. The exhibition opened at Ha Noi’s Viet Nam Exhibition Fair Centre yesterday and runs through Monday. — VNS Photo Viet Thanh

HA NOI — Economic deceleration and rising fuel prices have not dampened the spirits of local auto makers who brought their flagship vehicles to the Viet Nam Motor Show, which opened here yesterday.


Twelve leading members of the Viet Nam Automobile Manufacturers’ Association (VAMA) began the industry’s most festive event, which aims to drive up growth in the industry’s most difficult period in a decade.


“We hope the auto industry in Viet Nam will experience accelerated growth in the future, as the population will quickly grow to 100 million. This coupled with the raising number of middle-class consumer will help the industry,” said Industry and Trade Deputy Minister, Do Huu Hao, at the opening ceremony.


Hao said the Government would create favourable policies to help development of the industry.


VAMA’s chairman Udo Franz Loersch said local car makers were very optimistic about the Viet Nam auto market, adding that automobile ownership was becoming commonplace.


“Meanwhile, with the dynamic growth of the Vietnamese market, we want to entice foreign parts makers to invest more into Viet Nam’s support industries,” he added. The exhibition, covering 12,000sq.m, has hundreds of cars on display, many of which are concept cars, such as the Ford B, Toyota FTHS, Isuzu multi-utility MU7 and the GM Daewoo L4X.


Exhibitors are displaying flagship models at this year’s event.


Mercedes Benz is showing the two-door SLK350, and Suzuki has a Swift 1600 race car on display. Mitsubishi is showing the Zinger and Honda has a Civic Hybrid on show.


A seminar entitled Preparation for Car Motorisation in Viet Nam was also held yesterday as part of the show, with the participation of representatives from Government organisations, associations and private enterprises.


The five-day event, themed Realising Your Dreams, is expected to attract 120,000 visitors, and is co-organised by the Viet Nam Automobile Manufacturers’ Association (VAMA) and AFTA Co.


According to VAMA – which represents 17 of the country’s leading auto makers, including the 12 firms participating in the show, 11 car makers in Viet Nam last year sold a total of 8,458 vehicles.


This was a 31 per cent increase over the same period last year. —