Bach Hoa Xanh optimistic; Vinaship buys more ships; Thiso - Thaco's subsidiary opens coffee shop
Vinpearl, VinWonder may appear in Warner and Indochina Productions' films; Bach Hoa Xanh is optimistic, An Khang Pharmaceuticals is gloomy; Thaco's subsidiary sells coffee; Vinaship spends more than 300 billion VND to buy more ships; FPT IS establishes joint ventures in AI, Cloud, Security...
Vinpearl, VinWonder can be in Warner Music Group and Indochina Productions' movies
Vingroup Corporation has just officially signed a memorandum of understanding (MOU) with two leading names in the world of music and cinema, Warner Music Group and Indochina Productions.
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| Vingroup Corporation will cooperate with Warner Music Group and Indochina Productions. |
Accordingly, Vingroup Corporation will cooperate with Warner Music Group and Indochina Productions to promote the Group's strategic products, while introducing Vietnamese culture to international friends through films, music concerts and music videos.
The parties will work closely to promote Vietnam as a leading destination for international filmmakers and music video producers. Vingroup is committed to supporting Warner Music Group and Indochina Productions’ projects at locations within the Group’s ecosystem, including Vinpearl resorts and VinWonders amusement parks. In addition, Vingroup will also provide VinFast electric vehicles for use in the two partners’ music and film projects.
In particular, the above cooperation will create the premise for the world's top music stars under the management of Warner Music Group to have the opportunity to participate in the 8Wonder International Music Festival and other music events organized by Vinpearl.
Thiso - Thaco's subsidiary opens Beso-themed cafe
Besoverse Cosmic Cafe, which has just opened in Ho Chi Minh City, is a brand under Thiso - a subsidiary of Thaco Group.
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| Besoverse Cosmic Cafe brand belongs to Thiso International Trading and Service Joint Stock Company. |
This is a themed cafe model, inspired by the story of the robot Beso. This robot appeared at Thiso Mall since 2022, becoming a tourist attraction thanks to its large appearance, the ability to move, express emotions and interact with customers.
According to the brand's introduction, Besoverse Cosmic Cafe is "like an energy charging station, fueling the spirit of young people to continue to create, conquer challenges, and new lands".
The Besoverse Cosmic Cafe brand belongs to Thiso International Trade and Service Joint Stock Company, established by billionaire Tran Ba Duong's Thaco Group in 2020, to invest in developing diverse types of trade and service businesses through franchising cooperation, joint ventures with branded partners and self-investment and development.
According to information on Thaco Group's website, Thiso's business areas include shopping malls, restaurant services, wedding conference centers, indoor entertainment areas and high-end shopping malls.
On July 13, at the conference to deploy Thiso's operational and management plan for the last 6 months of 2024, billionaire Tran Ba Duong, Chairman of Thaco's Board of Directors, positively assessed the operating results of Thiso and Thiso Retail.
“The last 6 months of 2024 is an important period for Thiso. This is the time to build the foundation for a 5-year development strategy with the goal of shaping the trade and service sector, responding to new trends in the world,” said the leader.
FPT IS establishes joint venture on AI, Cloud, Security with technology giant in Indonesia
FPT IS and Metrodata Electronics, a leading information technology company in Indonesia, have officially signed a cooperation agreement to establish a joint venture PT FPT Metrodata Indonesia (FMI). The two sides will focus on developing cybersecurity, AI, and Cloud solutions with the goal of helping Indonesia become a leading country in digital transformation and AI in Southeast Asia.
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| Joint venture PT FPT Metrodata Indonesia (FMI) will be established by FPT IS and Metrodata Electronics. |
Metrodata is a leading information technology company in Indonesia, providing a wide range of digital solutions, including information technology distribution, managed services and systems integration.
The company has a presence in over 330 cities in Indonesia and has over 6,000 channel partners with over 100 world-class IT product and service brands. With a focus on innovation and technology, Metrodata has established itself as a key player in Indonesia’s rapidly growing IT landscape.
Under the cooperation agreement, FPT IS and Metrodata Electronics established a joint venture PT FPT Metrodata Indonesia (FMI) to seize new opportunities and jointly invest in research and development (R&D) of the most advanced technology services.
The joint venture PT FPT Metrodata Indonesia (FMI) will focus on cybersecurity solutions - a key technology sector for Indonesia's digital economy. The unit will then expand into providing cloud computing and AI services, developing SaaS (software as a service) solutions and developing software according to the needs of the Indonesian market. The joint venture's goal is to achieve revenue of USD 100 million within the next 5 years.
“FPT's development strategy is AI - Sales - Vehicles - Digital - Green. Accordingly, FPT will invest all resources to enter the 'bet' to become a leading enterprise in AI. Cooperating with Metrodata and establishing FMI will be an important step to realize the above goal, becoming the market leader in providing AI solutions as well as network security, realizing the aspiration of bringing technology to create breakthrough values for businesses, people of the two countries and around the world", said Mr. Tran Dang Hoa, Chairman of FPT IS.
Bach Hoa Xanh is optimistic, An Khang Pharmacy is gloomy
The recently released business update report of Mobile World Investment Corporation (MWG) shows an optimistic picture of the Bach Hoa Xanh mini-supermarket chain, but along with that is the gloomy trend of the An Khang pharmaceutical chain.
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| In August, the Bach Hoa Xanh system had 1,721 stores. |
In August 2024, Bach Hoa Xanh achieved revenue of more than 3.6 trillion VND, an increase of 25% over the same period last year. This increase is the result of the trend of improving store revenue, taking place from 2023 to 2024.
Bach Hoa Xanh's average revenue has remained at VND 2.1 billion/store from June 2024 to present, in the context that this chain is preparing to reopen new points of sale.
In August alone, MWG's report said that 17 more stores were added to the Bach Hoa Xanh system, bringing the total number of stores in the chain to 1,721.
Meanwhile, the total revenue of Mobile World and Dien May Xanh in August reached 7.5 trillion VND, up nearly 10% over the same period and up 5% over the previous month.
The phone and air conditioner sectors were the growth drivers last month. In addition, MWG said that the business results of the laptop sector achieved double-digit growth during the back-to-school season.
In the first 8 months, the two chains The Gioi Di Dong and Dien May Xanh achieved total revenue of 58.9 trillion VND, up 7% over the same period. Of which, the online channel contributed 11% of total revenue.
One point to note in MWG’s operations is that the trend of closing stores for the An Khang pharmaceutical chain is happening quite quickly. In August alone, the number of stores closed was 51, if calculated in the period from May to August, there were up to 200 stores that stopped operating.
Vinaship spends more than 300 billion to buy more ships
The extraordinary general meeting of shareholders of Vinaship Shipping Joint Stock Company (Vinaship) approved a plan to spend more than VND300 billion to buy used ships and approved Vietnam Container Joint Stock Company (Viconship) to buy 37.55% of capital without a public offering.
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| Vinaship's extraordinary general meeting of shareholders approved a plan to spend more than VND300 billion to buy used ships. |
Vinaship plans to buy used dry cargo ships with a capacity of 28,000 - 32,000 DWT, built between 2009 - 2013, equivalent to under 15 years old, built in Japan, China, and South Korea.
Vinaship plans to implement the project from the time of approval until the 2025 Annual General Meeting of Shareholders.
The total approved investment is 12 million USD, equivalent to nearly 306 billion VND, of which the ship purchase price is nearly 304 billion VND and the registration fee and ship reception cost are nearly 2 billion VND.
VNA plans to use 50% of its own capital and 50% of its loan capital from Vietnam Joint Stock Commercial Bank for Industry and Trade - Hong Bang Branch, interest rate 9%/year, loan term 7 years with principal and interest paid every 3 months.
After the ship was no longer viable for business after more than 15 years of continuous operation (over 20 years old), Vinaship estimated the sale price at nearly 90 billion VND.
There are three options for using the new ship, including (1) operating a voyage on the international sea route Vietnam - Indonesia - Vietnam, carrying rice and coal; or (2) operating a voyage on the international sea route Vietnam - Indonesia - China - Philippines - Vietnam, carrying rice, nickel ore, fertilizer, and bagged cement; or (3) leasing for rating purposes.
According to Vinaship's calculations, option 3 can bring the highest efficiency with an internal rate of return (IRR) of 17.31%, a benefit-cost ratio (BCR) of 1.53 and a payback period of 8 years and 5 months.
Currently, Vinaship's fleet consists of 5 ships with a total capacity of 95,861 DWT, an average age of over 20 years, of which 3 ships have a capacity of 22,000 - 27,000 DWT (28 years old), 1 ship with a capacity of 13,245 DWT (16 years old) and 1 ship with a capacity of 6,500 DWT (21 years old).
Source: https://baodautu.vn/bach-hoa-xanh-lac-quan-vinaship-mua-them-tau-thiso---cong-ty-con-cua-thaco-mo-quan-ca-phe-d226065.html
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