Vietnam

Công ty bán khóa học làm giàu báo lỗ đậm do học viên rời đi

Dantri | Local Language | News | July 26, 2024 | Bankruptcy-Insolvency

Van Lang Technology Development and Investment Joint Stock Company (stock code: VLA) reported significant financial losses in its second quarter of 2024, citing a sharp decline in student enrollment. Net revenue dropped to over 1.36 billion VND, a 316% decrease from nearly 5.7 billion VND in the same quarter the previous year. The company incurred a gross loss of nearly 45 million VND, with financial expenses escalating to more than 49 million VND. After accounting for other expenses, VLA reported an after-tax loss of nearly 5.3 billion VND, compared to a profit after tax of 53 million VND in the same period last year. Cumulatively, the company's after-tax loss for the first half of 2024 totaled nearly 6.9 billion VND. Total assets declined to nearly 38 billion VND, with significant reductions in cash and bank deposits. The drop in revenue was primarily attributed to a decreased number of students participating in courses. The company, founded in 2007 and known for its enrichment courses and investment training, aimed for a revenue target of 20 billion VND in 2024.

Doanh nghiệp logistics chia sẻ khó khăn chi phí vận tải biển

VTV News | Local Language | News | July 26, 2024 | Supply Chain Issues

Container shipping rates from Asia to the US West Coast have reached nearly US$8,000 per 40-foot container (TEU), the highest level of the year. This increase is attributed to congestion at major ports and a maritime crisis in the Red Sea. Despite indications of a cooling market, forecasts remain cautious regarding potential fluctuations in shipping rates for the second half of the year. Logistics businesses are adjusting their approach by proactively sharing cost updates with customers. With rising costs stemming from increased shipping line expenses—such as insurance for risks in war zones and crew wages—logistics companies emphasize the need for precise cost calculations and coordination among manufacturers, sellers, buyers, and transport operators. Freight prices surged in the first half of the year, leading to record profits for major shipping companies like Maersk and Hapag-Lloyd, who have raised their profit forecasts. In the long term, logistics businesses advocate for the inclusion of shipping surcharges in the list of goods and services subject to price declaration, emphasizing the need for increased regulatory oversight of shipping line activities in Vietnam. Recently, transport routes from East to West showed a slight decrease in rates, indicating a potential easing of pressure on freight rates.

Lũ ống ở Điện Biên, 2 người chết

VN Express | Local Language | News | July 26, 2024 | Natural Disasters

Flooding in Muong Pon commune, Dien Bien district, occurred around 1 a.m. when upstream floodwaters inundated Muong Pon 1 village, causing damage to houses and creating panic among residents. The stream expanded from a small size to 50 meters, with debris scattered along its banks. By morning, two fatalities were reported, involving a mother and child, while five others were missing. The flood led to the destruction of 10 houses and damage to over 100 additional homes. The heavy rains, influenced by storm Prapiroon, resulted in over 290 mm of rainfall locally within a short period. In nearby Son La, heavy rains also caused landslides and flooding, resulting in four deaths. Authorities have been alerted to monitor weather developments and evacuate residents in high-risk areas.