Truong Hai Auto Corporation (THACO) is continuing buying into Hoang Anh Gia Lai Agrico, with chairman Tran Ba Duong more than doubling his ownership in the company. THACO spent over VND1 billion ($43.48 million) buying HAGL Agrico shares Hoang Anh Gia Lai (HAG) has just announced completing the sale of 60 million HNG shares of HAGL Agrico. After the sale, HAG's ownership rate reduced to 51.04 per cent, equivalent to about 452.7 million shares. The trade took place between July 15 and August 2, 2019. After the deal, THACO holds a total of 393.02 million Hoang Anh Gia Lai Agrico (HNG) shares, equivalent to nearly 35.5 per cent of the capital, including THACO chairman Tran Ba Duong who personally owns 80 million shares, THACO and Tran Oanh (308.02 million shares), and Nguyen Hung Minh, vice chairman of THACO, who owns five million shares. On the other side, THACO chairman Tran Ba Duong bought 50 million HNG shares, increasing his personal ownership … [Read more...] about Corporate News, Latest Business
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Expos to show latest ICT products
Viet Nam News HCM CITY — International telecom, IT, communications, broadcasting, and electronic expos Vietnam ICT COMM, Broadcast Vietnam, and Electronic Vietnam will be held in HCM City on June 7. The three expos have attracted more than 300 exhibitors from 20 countries and territories, including technology leaders in Asia such as Japan, South Korea, Singapore, Hong Kong, Thailand, and India. Speaking at a press briefing to introduce the expos on May 31, Hà Thị Phương Lâm, chairwoman of the ADPEX Joint Stock Company, one of the events’ organisers, said the number of exhibitors this year increased by 50 per cent. The events attracted leading Vietnamese IT corporations such as Mobifone, LeLong, Zioncom, Du Hưng Technology, Bizentro, TC Technology, and Tùng Việt Communication. They would showcase advanced technologies, equipment and solutions for the aviation industry, digital data systems and centres for libraries, schools, … [Read more...] about Expos to show latest ICT products
Social News In Brief 15/5
Police must have plan to protect “street knights” Chairman Phong visits a street knight in the hospital In a tour to People’s 115 hospital to visit “street guardians" who were stabbed while trying to stop a gang of four robbers from stealing an expensive scooter, Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong today stressed police in the city must have plan to protect “street knights”. Chairman Phong added that it is needed to protect these men who are ready to sacrifice for the city people’s safety and property. The ‘street knights’ yesterday followed the gang of robbers from Tan Binh District to district 3 where they stopped in front of the store and started to steal an SH scooter parked there. Being chased by the street guardians, the gang of robbers took out weapons to aggressively fight back. Consequently, two men died and three men were seriously wounded. Hospital deputy director Dr. Bui Minh … [Read more...] about Social News In Brief 15/5
Latest broadcasting technology to be displayed
A drone competition during the previous VIBA Show. A similar event will take place at the VIBA Show 2018. — Photo courtesy of the Exporum VietnamViet Nam News HÀ NỘI — An exhibition of the latest broadcasting equipment and technology will be held in Hà Nội on April 5-7. The Việt Nam International Broadcast & AV (VIBA) Show will allow visitors to watch films screened with modern technology, attend photo shows and sound performances and play games with virtual reality (VR) glasses. Visitors will also experience modern equipment and technology such as Digital Video Broadcasting – Terrestrial, drones, virtual reality (VR), 4K TV, ultra-high definition television and broadcast services from Việt Nam and overseas companies. “This year, we want to emphasise how contents can be useful to normal life with VietCON (Việt Nam Content Showcase),” said Kim Jeong-hun, general director of Exporum Inc, organiser of the event. … [Read more...] about Latest broadcasting technology to be displayed
India withdraws controversial ‘fake news’ order after backlash
Indian Prime Minister Narendra Modi on Tuesday reversed an order to punish journalists found guilty of reporting "fake news," after an outcry over a perceived government crackdown on the press. The media sanctions, issued late Monday, stated that the government would withdraw the official accreditation of any journalist responsible for repeated reporting of "fake news." India is the latest government to act against what it calls "fake news." Malaysia is passing a law allowing for up to six years in jail for publishing allegedly misleading information. The government said it needed to curb the spread of misinformation in the media. But Modi's office rescinded the directive just hours later amid allegations India's vibrant press was being muzzled. "PIB (Press Information Bureau) Press release titled 'Guidelines for Accreditation of Journalists amended to regulate Fake News' issued on 02 April 2018 stands withdrawn," the information and broadcasting ministry said in a statement Tuesday. … [Read more...] about India withdraws controversial ‘fake news’ order after backlash