Nguyen Viet Thang, 51, was appointed CEO of the Hoa Phat Group Monday for a five-year term, replacing Tran Tuan Duong. Thang, former deputy general director, graduated from the National University of Civil Engineering in 1992, has been with the group for 18 years, steadily advancing in rank and responsibility. He will continue to lead the group’s subsidiary, Hoa Phat Hai Duong Steel Jsc., as its director and has been tasked with leading plans in the group’s realty and maritime transport businesses. Stepping down as general director after a 14-year tenure, Duong has been appointed vice chairman of the board…
Author: Miley Selena
The smart electric buses have a friendly design with green as the thematic color, conveying the ecological message of the vehicle. Nguyen Kieu Oanh, a resident living in the building S2.11 of Vinhomes Ocean Park (Gia Lam district in Hanoi), said that although newly launched and only tested in her urban area, the first smart electric buses have shown their advantages. “The smart electric bus runs very smoothly, we don’t have to suffer the benzene smell as in gasoline buses and feel very comfortable,” Oanh told Hanoitimes. Besides, the smart electric buses have a friendly design with green as the…
As the number of coronavirus patients has risen exponentially in the second wave of the pandemic, many policyholders are facing trouble getting admission at network hospital for cashless treatment. The insurance regulator IRDAI has taken cognizance of the issue and said, “There are reports of certain network providers (hospitals) charging high rates and insisting on cash payments from the policyholders for providing treatment to COVID-19 infected patients despite having cashless arrangement with Insurers”. This is the eventuality for which people purchase health insurance so that they do not face difficulties during a health crisis. So, what are your options if…
Clime Capital, the Singapore-based investment management company has invested into Tri An floating solar and storage project. Tri An floating solar and storage project will help address Vietnam’s power shortage challenge. Visit Vietnam Insider’s homepage for more stories. Clime Capital, the Singapore-based investment management company focused on accelerating the low carbon transition in Southeast Asia, today announced that has invested at the development phase of an innovative floating solar and storage project in Dong Nai Province, Vietnam, under development by Blueleaf Energy. The development comprises a floating solar and storage peaking plant with a target capacity of 500 MWp floating…
One of the biggest personal finance lessons that many of us have learnt from the novel coronavirus pandemic is the importance of having insurance and having an adequate amount of it. Now, as the second wave of the coronavirus is spreading across the country like wildfire infecting a record number of people on a daily basis, it is time to review your insurance covers – both health and life insurance. Do you have the right insurance policies to protect you against Covid-19? If not, how should you fill the gap? Read on to find out how you can pick the…
Strong client additions and broad basing of its client acquisition are the positives for the counter.SynopsisICICI Securities has reported strong results for 2020-21. Besides, strong client additions of 3.5 lakh during the fourth quarter and broad basing of its client acquisitions with digital sourcing plans are the factors that have made the company a favourite of analysts.With another set of robust numbers for the last quarter, ICICI Securities has reported strong results for 2020-21. Its net profit for the last quarter jumped by 24% q-o-q and 110% y-o-y and this has helped ICICI Sec to double its net profit for…
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs)Increasing Covid cases across the globe is augmenting investor interest in safe haven assets like gold. Silver (Rs)Being a more volatile bullion, silver surged more and ended the week with a gain of 3%. ($/troy ounce)Low industrial demand, due to pandemic triggered economic concerns, neutralised Platinum’s bullion demand. WTI Crude ($/barrel)In addition to economic concerns triggered lower demand, surprise inventory…
Investing in equity and equity related instruments provides growth with the power of compounding. Depending upon the capital size and risk appetite of the investor, following are some of the ways to invest in equity instruments. Equity mutual fundsMutual funds are one of the safest ways of investing in equities. Such investments can be made in index funds. Then large-cap or diversified equity funds can be added to the portfolio. Investments in sectoral funds or mid-cap or small-cap funds can be made to the extent of a smaller proportion in the portfolio, depending on the age and life stage of…
1. Keeping track of expenses is an important aspect of managing personal finances, and expense tracking apps can help you do that easily. 2. While some apps require manual entry of expenses, others automatically take data from linked bank and credit card account statements. 3. The apps help categorise spending to help understand purchasing habits and generate expense reports. 4. There are various apps available with different options and cost structures like free and chargeable. 5. ETMoney, Qykly, mTrakr, Chillr, intuitmint, Goodbudget are some of the apps available for iOS and Android. (Content on this page is courtesy Centre for…
In this week’s realty hot spot series by ET Wealth, we feature a Kolkata locality, Newtown-Rajarhat. This is a well-planned residential hub that enjoys the presence of commercial complexes and IT parks along with all the facilities and amenities of a developed town. The property price range per sq. ft. in this locality is Rs 2,600-6,200. A 3-BHK, which is the property type that enjoys the maximum supply here, costs approximately Rs 66 lakhs on average. It comprises 1,410 sq. ft. area. The area is close to renowned schools, employment hubs etc. Here are other highlights that make Newtown-Rajarhat, Kolkata…