Dried SeafoodThe South Ha Tinh Seaproduct Import and Export JointStock Co (Shatico) exported its first consignment of squid to Italyat the beginning of May, according to Dang Sy Trien, the companydirector. In the two months of April and May this year, Shatico exported 70tonnes of seafood to Japan and Italy despite having a lack ofmaterials for operation. To deal with this, Shatico may invest amoderate amount of capital into whiteleg shrimp. At present, fishery enterprises in the central areas of the countryare facing many difficulties due to the high interest rates. Ifbanks offer reasonable interest rates in the current circumstances,said Trien, it will be easier for enterprises to operate smoothly. The People's Committee of Thua Thien-Hue has granted aninvestment licence to Enda Pte Ltd Co, a subsidiary company ofSingapores Banyan Tree Holdings Ltd Co, to build Laguna Huetourism area with a total capital of US$875 million. The tourism area covers a site of 300ha and will include sevenluxury hotels with 2,000 rooms, 1,000 apartments, an internationalconvention and shopping area. The project is expected to becomplete in 2014. The Binh An Seafood Joint Stock Co (Bianfishco) hasreceived the "International Quality Summit Award" by theBusiness Initiative Directions (BID) in New York, according to theVietnam Association of Seafood Exporters and Producers (VASEP). This is the most reputed annual award in the US which relies on aQC100 standard, recognised by 100 nations worldwide for productionquality. It aims at honouring and promoting prime enterprises thatcover qualifications of sustainable development, consumers tastesatisfaction, and company's staff solidarity. Ha Noi Securities Trading Centre will host bidding for theGovernments 6th issuance of Government bonds in 2008 on June 17. Participants must hand in bidding forms by Friday, June 13 for thetwo or three-year bonds worth VND500 billion (US$31 million).Interest on the bonds is scheduled to be paid once per year.

Leave a comment