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Saturday May 9, 2020 16:07 PM (GMT + 7)
The company operates in the used car business with the goal of targeting customers who want to switch their old cars to new VinFast cars.
Vingroup created a company specialized in buying and selling used cars.
On May 8, billionaire car maker VinFast from Pham Nhat Vuong announced the “Trading Old for New, Even Luxury Cars” program at a new Vingroup company, Smart Solution.
The company operates in the used car business with the goal of targeting customers who want to switch their old cars to new VinFast cars.
The Smart Solution supermarket has been operating in many provinces.
The program applies to all cars on the market for less than 7 years. Customers who want to switch to VinFast will take the old car to the Smart Solution supermarket, at a price and redeemed.
Vingroup’s information said that in the first phase of the promotion, the car’s purchase price to customers and the sale price at Smart Solution supermarkets are determined equally. The program applies from 5/5/2020.
Currently, the first Smart Solution car supermarket has been operating in the urban area of Vinhomes Ocean Park (Hanoi) and will expand in Ho Chi Minh City and other provinces.
Currently, VinFast’s two best-selling luxury cars, including Lux A2.0 and Lux SA2.0, have also implemented a deep discount program in May 2020, with a maximum discount of up to VND 300 million.
FLC Faros is about to have a female president after Mr. Trinh Van Quyet resigns
FLC Faros Construction Joint Stock Company has just approved the list of 2 additional nominated candidates to join the Board of Directors for the period 2016-2021 at the next annual shareholders meeting, including Ms. Huong Tran Kieu Dung and Ms. Tran. Thị Hương.
Portrait of Ms. Huong Tran Kieu Dung.
In particular, if Ms. Dung is elected by the General Shareholders’ Meeting to the Board of Directors, the FLC Faros Board of Directors proposes to elect this businesswoman as President of the company.
Ms. Huong Tran Kieu Dung is currently Vice President of the FLC Group, President of the FLC Real Estate Corporation for Housing Investment and Development. Before that, Ms. Dung had almost 2 years working as FLC CEO.
Billionaire Tran Ba Duong wants to spend $ 1.6 billion in cash on shareholders
In the recent presentation to the General Shareholders’ Meeting, the Board of Directors of the Truong Hai Auto (Thaco) Joint Stock Company presented a plan to pay 2019 cash dividends at a rate of 9.5% (950 VND / share). Thaco’s total dividend payment is expected to be VND 1.61 billion.
Billionaire Tran Ba Duong’s business is expected to issue 1.36 billion bonus shares to existing shareholders at a par value of VND 10,000 per share. The 80% rate of return is equivalent to shareholders who own 100 shares will receive 80 new shares.
The total value issued at face value is 13.56 billion dong. In particular, Thaco uses VND 3,620 billion of capital surplus and VND 9,940 billion of undistributed earnings after tax. At the end of 2019, Thaco’s undistributed after-tax profit was VND 13,930 million.
After this issue, Thaco’s share capital of VND 16.950 million will increase to VND 30.510 million. The expected execution time is in the second quarter, after being approved by the State Securities Commission to issue stock bonds.
Vinamilk donates 23,000 liters of milk to people in Los Angeles,
Last April, Driftwood Milk Factory of Vietnam Dairy Products Joint Stock Company (Vinamilk) in the United States donated almost 23,000 liters of milk to the Food Bank – Food Bank – in Los Angeles (L.A Food Bank).
In this way, Vinamilk provided food support to people living in Los Angeles, California, who face difficulties due to the prolonged impact of the COVID-19 epidemic.
Driftwood has provided dairy support to those in need of help over the years, contributing to the Los Angeles Food Bank to support food for approximately 300,000 Americans each month.
This is Driftwood’s activity to join efforts to respond to community support campaigns during the epidemic launched by parent company Vinamilk in Vietnam.
Since COVID-19 appeared in Vietnam, Vinamilk has contributed close to VND 30 billion to the country through front-line relief activities and community support, especially for children to help them prevent disease.
Vietjet Air chief joins forces with new Vietravel Airlines
Vietnam Travel Aviation Co., Ltd – Vietravel Airlines has organized a plan to implement the Prime Minister’s decision on the approval of the investment policy of the Vietnam Travel Air Transport Project (Vietravel Airlines).
The company also announced the decision to appoint Mr. Dao Duc Vu – Deputy Director General in charge of flight operations with more than 30 years of experience in the aviation industry.
Reportedly, Mr. Dao Duc Vu used to be Deputy Director General at Vietjet Air Thailand, director of flight operations for Vietjet Air, as well as director of operations at Cambodia Angkor Air (Vietnam Airlines’ partner airline).
Vietravel Airlines’ commercial operation plan was initially slated for October this year, but speaking with VNA, the company’s management said it would have to backtrack due to the impact of the COVID-19 pandemic. The new flight schedule has not been specifically planned by Vietravel.
This morning (May 9), world gold prices fell from over $ 1,720 / ounce to nearly $ 1,700 / ounce.
