Viet Nam News, Vietnam
BINH DINH — A 100 per cent Japanese-owned garment factory and workshop opened in Phu Tai Industrial Park on Tuesday.
The Viet Nam Able Garment Co (Able-Tech), owned by Able -Yamauchi Co, will manufacture a wide variety of products including one-use fire resistant garments and other garments providing health and environmental protection.
Construction of the US$1.2 million factory, workshop and other facilities began last December. The complex has a total area of 14,000sq.m including 2,268sq.m for the factory and 405sq.m for the workshop.
Unicom JSC offers new IT services
HCM CITY — Two new product lines providing IT solutions to finance and capital markets were introduced by the Unicom Software JSC at a seminar yesterday.
SKYCore and SKYTerminal – as the new product lines are called – are based on IBM service-oriented architecture (SOA) technologies, says Unicom, which is headquarted in HCM City.
Unicom, which began operations in 2014, says SKYCore will be a core product for securities firms, while SKYTerminal will provide investors with an advanced-user interface, rich functionalities, and high-end trading applications to support investment decisions and faster execution of orders.
Banks and securities conference opens
HA NOI — A forum titled “Enterprises, banks and securities firms solving problems in the inflation period” will be held in Ha Noi on October 3.
The forum is aimed at enhancing the relationship between enterprises, banks and securities firms and management offices to solve challenges in these inflationary times.
The forum will be held by the Viet Nam Small and Medium Sized Enterprises Association, Viet Nam Banking Association and Viet Nam Securities Trading Association, and is expected to attract leaders from the ministries of Finance, Planning and Investment, and the State Bank of Viet Nam.
PVFC issues petrol bonds
HA NOI — The PetrolVietnam Financial Joint Stock Corporation (PVFC) will issue petrol bonds this year with a total value of VND1.6 trillion (US$96.26 million) on October 1 in an effort to mobilise capital.
The three-year bonds, in both Vietnamese dong and US dollars, will be issued to less than 100 investors with an initial interest rate of 17.5 per cent per annum for Vietnamese dong bonds and 6.2 per cent a year for US dollar bonds.
The interest rate will be adjusted annually based on 12-month deposit rates at Vietcombank, Viet Nam Investment and Development Bank, Viet Nam Commerce and Industry Bank and Viet Nam Agriculture and Rural Development Bank. — VNS
