On June, 16th at Long An Provincial People’s Committee, Nhat Tam Investment and Service Joint Stock Company reported project of Long An Garbage proposal plant to the provincal leaders. This is a project to treat domestic and industrial waste in accordance with the management of solid waste (CTR) and domestic solid waste (CTRSH) of Long An province, with high feasibility and efficiency.

Attending the meeting, on the side of Long An province, there were Mr. Nguyen Van Ut - Provincial Party Deputy Secretary, Chairman of Long An provincial People’s Committee and representatives of departments, boards and industries.

Representative of Nhat Tam Investment and Service Joint Stock Company ( a member company of SAIGIONTEL GROUP), Ms. Nguyen Cam Phuong - Chairman of the Board of Directors.

Overview of the meeting

Modern waste treatment technology

At the meeting, Mr. Pham The Truong - General Director of Nhat Tam company said that the construction project of Long An garbage disposal plant had evaluated for preliminary feasibility and supported from Korea International Cooperation Agency - KOICA in Vietnam.

Technology of Nhat Tam company does not burn garbage to generate electricity like others current waste treatment plants, it will thoroughly resolve long-term underground landfills and daily-life waste, simultaneously take advantage of organic fertilizer created by trash to bring benefits for local agriculture.

CTRSH treatment system of Nhat Tam is chosen from 6 technologies (integrated from patents, technology certificates)

All treatment plants are 95% automation. After treatment processing, the plant will recover 2 main products. Firstly, inorganic products turned to combustion fuel. Secondly, remaining organic products from from humus to be used as fertilizer to serve fields, crops, after harvests it will become combustion fuel.

Patents of CTRSH system – Long An Garbage Disposal Plant

High efficiency

With a total construction area of about 1.650 -1.700 hectares, the project has a closed model of agriculture, industry, energy creating mutually complementary value chain. The project is expected to solve the waste problem in the province in case the volume of waste is increasing and the former methods shall not satisfy the requirements.

Technology helps to thoroughly handle the environmental pollution problem, minimizing the landfill area. In addition, Long An Garbage Disposal Plant shall supply electricity to the natioanl grid, contributing to social-economic development, contributing to the budget and reduce electricity load for the locality. The project also creates jobs for 2.000 workers.

It is estimated that with 600 tons of garbage per day, Long An garbage disposal plant shall creat 90 tons of microbiological fertilizer per day, such amount of fertilizer is enough for 1.600-1800 hectares of high-quality crops. The total generating capacity is 50MW.

The technology og Long An Garbage Disposal Plant shall thoroughly handle the environmental pollution problem, minimizing the landfill area

Speaking at the meeting, Mr. Nguyen Van Ut – Long An Provincial Deputy Party Secretary, Chairman of Long An Provincial People’s Committee highly appreciated the report on the Long An garbage disposal plant of Nhat Tam company. He said:” Generally, the demand for scrap burning is really suitable for the situation of Long An provinve. Especially, infrastructure of Long An has not satisfied the large amount of garbage. However, the provine shall consider further as well as study more about the land bank of the province.”

(Communication department quoted verbatim as follows)

Dear the Board of Directors

Da Nang is one of the cities heavily affected by the pandemic. Overcoming many obstacles, Bau Tram social housing project implemented by SGU continues to carry out and it is expected to be topped out at the end of this year.

It is not only enough legal procedures to implement the project, on June, 17th, 2021 Da Nang Department of Construction approved selling price for all 1.549 apartments in phase 1 including 4 blocks of the project.

After the process of research and negotiation: Today, the Board of Directors officially signed agreement with partner to sell all 274 commercial apartments with the value of VND 283.7 billion. The Board of Directors of SGU will continue to sell remaining 1.275 apartments at the end of this year, promising to bring great revenue for the company.

Not only that, it is expected that in early September, the Company will continue to break ground and deploy phase 2 with 6 blocks, total number of 1.809 apartments and will open for sell in the early next year. Bringing revenue and stable jobs in the following years.

SGU aims and determines to complete the handover and put into use the first 1.549 apartments in early August, 2022.

Some overview pictures of phase 1 of the project:

Pictures of construction on the works site on August, 12th, 2021

On July, 27th an economic foreign event was held by Vietnamese Embassy in India to connect Indian investors with the localities of Vietnam. The meeting helped the parties explore and understand the cooperation possibility and came up with idea of construction for the first specialized industrial park model for pharmaceuticals in Vietnam under Pharma Park model which successfully implemented in India.

Overview of the meeting 

The meeting was attended by Mr. Pham Sanh Chau - Vietnamese Ambassador in India, Indian investors delegation (especially Global Pharmaceutical - the largest pharmaceutical in India). On the side of Vietnam, there were attendance of leaders of Provincial People’s Committee, Economic Zone Authority of 14 provinces. Of which, SAIGONTEL received direct invitation by the Embassy to introduce idea of construction a model with the attendance of the global strategy consulting company - Roland Berger.

Indian investors are looking for partners and investment location in accordance with Vietnam Pharma Park with a scale of 600-1000 hectares, total investment capital up to USD 500 million, expected to export to the world up to USD 5billion and contribute to create jobs for more than 250.000 workers. 

Some fundamental requirements for investing Pharma Park including: Convenient geographical location, near seaport but not too far city center, ideal area of 500-1000 hectares, at least 100 hectares for development of supporting industrial park; ensure energy source, clean water and human resources for production...

at the meeting, Vice Chairman of Long An Provincial People’s Committee - Mr. Nguyen Minh Lam emphasized potentials, advantages and development space of Long An. Saigontel continued to introduce the thoroughly researched model of specialized industrial park for pharmaceuticals, expected to be applied for Tan Tam industrial park. This industrial park completely meet the standards of land bank, infrastructure, human resources... Tan Tap industrial park will be planned into Long An Coastal Economic Zone, bringing highest investment incentives and the best support in terms of regional connectivity.

In addition, the Ministry of Investment and Planning and the Minister - Mr. Nguyen Chi Dung specially entrusted SAIGONTEL to coordinate in developing Innovation Hub model in 4 localities, including Long An that will help maximize general synergy for regional economic development.

After the presentation of SAIGONTEL and Long An provincial delegation, investors said: “We were vey impressed by Saigontel’s presentation. Some interesting things are that Long An has enough large land area, near airport and seaports. The delegation will contact to learn more about incentive policies”.

Currently, FID capital flows are increasing in Vietnam pharmaceutical market, pharmaceutical industry has been received many incentives by the Government...which has promoted SAIGONTEL in attracting investment, developing specialized industrial park model for Pharma Park in Tan Tap industrial park, Long An with a scale of more than 650 hectares. According to The Economic Times, Vietnam & India will be 2 main pillars in the global supply chain re-established after the pandemic.

In the afternoon of July, 15th, 2021, the General Secretary - Mr. Nguyen Phu Trong and the President - Mr. Nguyen Xuan Phuc had a phone conversation with leaders of countries with strategic cooperation of Vietnam, including South Korea President - Mr. Moon Jea In.

During the discussion with the General Secretary - Mr. Nguyen Phu Trong and the President- Mr. Nguyen Xuan Phuc, Korea President - Mr. Moon Jea In stated that Vietnam is a central country in the policy “new southern enlargement” of Korea, simultaneously expressed his desire to promote friendly cooperation between the two countries.
The General Secretary - Mr. Nguyen Phu Trong also emphasized to create favorable conditions for Korean businesses to expand investment in Vietnam. The leaders of the two countries agreed to continuously promote cooperation in many fields, especially in the supply of COVID-19 vaccines. 

The President - Mr. Nguyen Xuan Phuc welcomes the Ambassador and Korean enterprises

In the afternoon, on the side of Vietnam, the President - Mr. Nguyen Xuan Phuc had welcomed and worked with Mr. Park Noh Wan - Ambassador extraodinary and plenipotentiary, Korea Chamber of Commerce in Vietnam and Korea Corporations such as: Samsung, Lotte, Hanwha, SK, Daewoo, LG, IBK, Posco, etc. In which, SAIGONTEL is only Vietnamese enterprise invited by the Korean Embassy to join the dialog with the President as a strategic partner.

SAIGONTEL was honored to receive a medal of commendation of the President

SAIGONTEL together with Korea Corporations visited and worked at Vietnam Government Office

At the meeting, the President Nguyen Xuan Phuc praised Korean enterprises for their good compliance of epidemic prevention and control in production, contributing a large amount of USD for vaccine fund of Vietnam. The President emphasized that Korea is a powerful country of pharmaceutical segment, many kinds of vaccine have been accepted by the world. Therefore, the President wants Korean businesses to study and transfer vaccine production technology. Simultaneously, the Government also undertake to create the best condition for Korean enterprises doing business in Vietnam.

SAIGONTEL together with Korea Corporations visited and worked at Vietnam Government Office

Speaking at the meeting, Korean Ambassador Park Noh Wan said that Korea undertake to promote the research center, technology transfer and vaccine production to Vietnam through cooperating between Samsung, SK and Vietnamese partners. Simultaneously, the Ambassador stated that Korean businesses will continue to mutually help Vietnam to complete successfully “co-duty” and undertake to invest USD 25 billion in 2021-2022.

On July, 19th, 2021, Saigon Telecommunication and Technologies Corporation - SAIGONTEL, Roland Berger and Korean Association in Vietnam (KUAV) had a meeting with leaders of Hai Duong province to present idea of planning for development industrial zone in Red River Delta in Thanh Mien and Binh Giang districts, Hai Duong province. In which, proposed an innovation and startup hub is the core. Simultaneously, proposed to promote investment promotion in Korea market for Hai Duong province in 2021-2022.

On the side of the province, there was attendance of Mr. Pham Xuan Thang (Hai Duong Provincial Party Secretary); Mr. Luu Van Ban (Member of Provincial Standing Committee, Vice Chairman of Hai Duong Provincial People’s Committee); Mr. Tran Van Quan (Member of Party Secretary, Vice Chairman of Hai Duong Provincial People’s Committee) and Directors of departments, boards, industries, Industrial Zone Authorities.

On the side of Saigontel Group, there was Ms. Nguyen Cam Phuong - General Director; Mr. Nguyen Anh Tu - Deputy General Director and leaders of member companies of SAIGONTEL. In addition, there was attendance of Mr. Bui Dao Thai Truong - Deputy General Director of Roland Berger in Southeast Asia; Mr. Pham The Truong - Member of the Board of Directors of Nhat Tam company; Mr. Yoon Sang Ho - Chairman of Korean Association in Vietnam, General Director of SMBL.

Overview of the meeting between the leaders of Hai Duong province, Roland Berger, SMBL and Korean Association in Vietnam

The idea of development Hai Duong into an industrial zone in the Red Rivel Delta to seize global trend that develops new industrial park, seize FDI flow towards Vietnam and bring into play the potential and strengths of Hai Duong province. The attendee highly agreed with the vision of Hai Duong province to become a dynamic industrial zone in Red River Delta with 3 main development pillars as proposed, namely hi-tech specialized industrial park and innovation hub linking value chain.

SAIGONTEL and Roland Berger affirmed that: Thanks to the development of infrastructure and connected transport, industrial real estate in the North has been more prominent, attracting signigicant foreign investment. In which, Hai Duong located at the center and it is convenient for the province to receive synergic value from its neighboring provinces. It is expected that in 2030, industrial GRDP of the province will reach VND 180.000 billion, contributing 60-70% to GRDP.

The attendees highly agreed with the vision of Hai Duong province to become a dynamic industrial zone in Red River Delta.

Mr. Pham Xuan Thang also suggested advisory company to supplement and complete the idea to highlight specific potential and the unique strength of Hai Duong and request to expand the boundaries, scope of research to over 10.000 hectares that enough investment attraction for the industrial zone...Simultaneously, transport industry is assigned to advise on the expansion, upgrade routes to ensure development; of which focusing on upgrading Hanoi - Hai Phong expressway route.

In conclusion of the meeting, Provincial Party Secretary - Mr. Pham Xuan Thang highly appreciated the idea of developing a dynamic industrial zone propsed by SAIGONTEL and advisory companies.. He said that the idea with vision matching with the thinking and aspirations set out by Hai Duong province to 2030 is “Green growth, digital transformation, promotion of innovation for breakthrough development, sustainability, upgrade the position of Hai Duong”. 

Provincial Party Secretary - Mr. Pham Xuan Thang highly appreciated the idea of developing a dynamic industrial zone propsed by SAIGONTEL and advisory companies.

Mr. Yoon Sang Ho – Chairman of Korean Union Association in Vietnam sent thank-you letter to Saigon Telecommunication and Technologies Corporation (SAIGONTEL). The content of the letter is about Saigontel’ s active support for Korean Union Association in Vietnam on creating cooperation relationship with the provinces, simultaneously helps businessmen, Korean in the Association to access vaccine preventing Covid-19.

Specifically, as follows: “…We would like to send to Saigon Telecommunication and Technologies Corporation (SAIGONTEL) sincere thanks for being connector to help Korean Union Association in Vietnam as well as Korean investors had chance to meet and work with departments, boards, industries, thereby widen cooperation relationships, especially implementing to get vaccine for businessmen, community of Korean in the Association to prevent covid-19 during this time…”.

Mr. Yoon Sang Ho also stated that SAIGONTEL is one of businesses that have active support the disease control and prevention in the country, as well as supporting foreign citizens living in Vietnam.

It is known that, in recent investment promotion events Saigontel played a role as connector between Korean investors and the provinces: Long An, Hai Dương…

Thank you letter as follows:

On August 18th, at Bangalore city, a capital of Karnataka, India, Vietnamese Ambassador in India coordinate with Indian authority to organize Vietnam - India investment, startup matching with a theme “Invest Vietnam - Hi-tech investment cooperation and startup, innovation”.

Attending the event, there were Mr. Pham Sanh Chau - Vietnamese Ambassador in India, representative of the authority, management authorities of investment, science and technology, innovation of Karnataka state, companies, investment funds, startups.

Attending the meeting through on line form, on Vietnam’s delegation, there was attendance of Ministry of Investment and Planning, Ministry of Industry and Trade, ISEV - Ministry of Science and Technology, Department of Science and Technology of Da Nang city, representatives of Thua Thien Hue provinces. Vinacapital company, Saigon Telecommunication and Technologies Corporation (Saigontel), Nhat Tam consulting service and investment company.

Karnataka is considered as the leading innovation hub in India. Currently, the state has 14 out of more than 30 startups with the value at over USD 1 billion. Especially, this is also a place where the world’s largest insulin and cancer drug manufacturing. Enterprises in Karnataka are looking for cooperation opportunities in pharmaceuticals fields and hi-tech industries.

Mr. Pham Sanh Chau said: “I hope that via this meeting, provinces in Vietnam, especially 2 provinces in the Central such as Hue, Da Nang can approach Indian partners and have projects implemented after this meeting”.

Then, the speakers of the two parties have presentations to discuss, share information on the situation, development of startup ecosystem and innovation of each party. Two enterprises of India have presented technology and innovation activities and startups of enterprises in Karnataka state, incentive policies for hi-tech startups, promoting startup ecosystem, On the side of Vietnam, ISEV has briefly introduced startup system of Vietnam. after that, representatives of provinces: Da Nang, Thue Thien Hue also introduced planning, policies for investment attraction of the provinces, cooperation potential...

Attending on line meeting, there was attendance of representative of Saigontel - Ms. Nguyen Cam Phuong - General Director, Mr. Pham The Truong - Director of Nhat Tam company. At the presentation session, Mr. Pham The Truong briefly presented Projects of Establishment Innovation and Startup Hub for Mekong Delta and Red River Delta. Mr. Truong stated that experience of Saigontel and Nhat Tam in implementing such projects and set forth visions of Innovation and Startup Hub to become Vietnam’s leading model hub.

Mr. Pham The Truong presented Project of Establishment Innovation and Startup Hub for Mekong Delta and Red River Delta.

Q&A is the final part of the matching. The speakers in Karnataka state stated that they are ready to cooperate with Vietnam to discuss and share information on startup ecosystem development.

In the morning of August 15th, Long An Provincial People’s Committee organized an opening COVID-19 intensive care unit belonged to Thai Nguyen Central Hospital. Attending the opening, there was Saigon Telecommunication and Technologies Corporation (Saigontel).

On the side of Long An province, there was attendance of Provincial Party Secretary - Mr. Nguyen Van Duoc, Provincial Party Deputy Secretary, Chairman of Long An Provincial People’s Committee - Mr. Nguyen Van Ut. On the side of Saigontel, there was attendance of Ms. Nguyen Cam Phuong - General Director of the company.

An inauguration ceremony of COVID-19 intensive care unit, belonged to Thai Nguyen Central Hospital

After 10 days of installation from the date of establishment decision, Intensive Care Unit (abbreviated as Unit) located at the guest house of Long An General Confederation of Labor (ward 3, Tan An city, Long An province) has put into operation.

The Unit is considered as the last-line treatment for serious or critical patients in Long An province and neighboring areas, the scale of the first phase is 150 beds with machines to ensure the treatment of critical patient’s condition. The unit shall significantly contribute to the goal of reducing the death of COVID-19 patients in Long An.

The Ministry of Health has also dispatched 158 experienced doctors, nurses, testing staff and technicians from Thai Nguyen province to serve the treatment, including the director and deputy directors of Thai Nguyen Central Hospital. In addition, the unit also guides and professional and technical support in emergency, intensive care and treatment of COVID-19 patients.

Facilities at the ICU

As discussed with leaders of Long An province, Saigon Telecommunication and Technologies Corporation (Saigontel) has been supporting the province in affairs related to operate the Intensive care unit for Covid-19 patients. Specifically, supporting logistics, preparing facilities, sourcing oxygen, tanks for the unit and supporting medical materials, providing food to protect health for doctors and nurses.

Representative of Saigon Telecommunication and Technologies Corporation (Saigontel), Ms. Nguyen Cam Phuong - General Director of the company and the leaders of Long An province attended the opening and visited the unit.

Currently, Long An has detected 14.427 cases of COVID-19, including 162 deaths.

“SAIGONTEL: From a Telecommunication company to a Real-estate enterprise”

…CafeF began as mentioned above in the article about Saigontel published on July, 14th

Saigontel (Hose: SGT) with the support of Mr. Dang Thanh Tam - Chairman of the Board of Directors and Kinh Bac City Development Holding Corporation (KBC) transformed from a telecommunication company to a Real-estate enterprise owning industrial-urban-service land banks up to 800 hectares, currently continuing to develop to 3,000 hectares to seize the investment wave.

According to experts, Vietnam economy is expected to recover at a rate of 6.7% in 2021. The pandemic situation in the world is complicated and the image of a new government determined against the pandemic will be the factor pushing FDI to move manufacturing facilities. The process of restructuring supply chain of “big guys” will happen in 2022, of which Vietnam is an interesting destination.

As of May, 2021, total FDI into Vietnam reached USD 114 billion (increased 0.8% over the same period). Of which, 613 projects were newly licensed from investors in Singapore, Korea, Japan, the US...and many other FDI enterprises are “in line up” looking for locations to expand investment in Vietnam.

Vietnam economy outlook in 2021 is an affirmation that th strategy “transformation” of Saigon Telecommunication and Technologies - SAIGONTEL has been in the right direction and at the right time. With the effective support of Mr. Dang Thanh Tam and Kinh Bac City Development Holding Corporation (KBC). Within two years, the enterprise has successfully restructured from a telecommunication company to a real-estate enterprise owning 800 hectares of industry-urban-service land bank. In 2021, regardless of the complicated pandemic, this land bank has been developed up to 3000 hectares to ready for global supply chain restructuring.

In 2020, SGT completed 95% of the target revenue plan with VND 485 billion, a growth of 22% compared to 2019. Of which, income from telecommunication infrastructure sector accounting for 55%, the rest comes from industry and office real estate leasing.

With convenient location to connect trade, projects of SAIGONTEL still remain the “its heat” in industrial - urban real estate market, typically:

In Bac Ninh, Dai Dong Hoan Son industrial park Phase 1, with area of 300 hectares 100% filled; Dai Dong Hoan Son Phase II with a scale of 96 hectares, has been registered 90% area for long-term leasing and is speeding up procedures to hand over land in quarter 3/2021.

In Thai Nguyen, SAIGONTEL owns 130 hectares of industrial land in Pho Yen town and 40 hectares at Song Cong city which are being completed site clearance to handover land to investors.

Hi-tech factory for lease in Da Nang hi-tech Park with a the first phase of 15 hectares is preparing construction in Quarter 4/2021, is expected to bring a steady income of more than VND 100 billion annually.

Saigon ITC building at Quang Trung Software Park (HCMC) is 100% filled generating nearly VND 20 billion annually, creating development for the adjacent Saigon ICT2 Building under construction. It is expected to put in use and bring steady income of VND 50 billion annually.

Simultaneously, urban service and housing segments are continuously developing with the following projects: Saigontel Central Park apartment in Bac Giang; social housing project with the largest scale in Vietnam – The Ori Garden, in Bau Tram Lakeside urban area - Da Nang providing to the market more than 4.000 flats, ensuring stable working and life for more than 10,000 low-income workers. Nam Vung Tau urban area has a scale of 69.46 hectares in BRVT that the company just won the bid is also a project with a beautiful location which is waited by investors.

Perspective of 10 buildings of Ori Garden social housing

In addition to the projects have been implemented, SAIGONTEL is continuing to complete legal status of 3.000 hectares of other potential projects in Hai Duong, Bac Giang, Hung Yen, Quang nam, Long An, Ba Ria-Vung Tau...and constantly expanding international investment partners network.

With those prospects, SAIGONTEL has announced revenue plan in 2021, expected to reach VND 950 billion, PBT reach VND 150 billion in annually General Meeting of Shareholders 2021.

In addition, also in this year, shareholders of SAIGONTEL has agreed to increase capital from VND 740 billion up to VND 1,500 billion to supplement business capital, to promote projects to be completed more quickly.

ABOUT SAIGONTEL

Saigon Telecommunication and Technology Joint Stock Company - SAIGONTEL is a member of Saigon Invest Group (SGI) - Vietnam’s leading invest group on development industry-urban-service complex. Up to now, SGI has successfully developed more than 30 industrial Parks in thw whole country, typically: Trang Due - Hai Phong Industry - Urban - Service complex; Que Vo - Bac Ninh Industry - Urban - Service complex; Dai Dong Hoan Son - Bac Ninh Indsutrial Park; Quang Chau - Bac Giang Industrial Park; Tan Phu Trung - Tp. HCM Industrial Park; Tan Duc - Long An Industrial Park...

Established in 2002, SAIGONTEL formerly known as a company providing telecommunication infrastructure service in industrial parks of the Group, now it has strongly transformed into a real-estate enterprise with 3 main businesses including: Industry - Urban - Service Until now, SAIGONTEL has achieved many successes, stable revenue and strong development over each period and is an effective investment promotion partner of many localities. Headquarter of the Company located at lot 46, Quang Trung Software Park, Tan Chanh Hiep ward, district 12, HCMC In addition, the Company has many representative offices in Hanoi, Bac Ninh, Da Nang, Long An, Thai Nguyen, Hai Duong.

The content of the article posted on page: https://cafef.vn/saigontel-tu-cong-ty-vien-thong-tro-thanh-doanh-nghiep-bds-20210714162135852.chn

In the morning of June, 19th, 2021 Saigon Posts & Telecommunications Service Joint Stock Corporation (SPT) organized successfully annually general meeting of shareholders in 2021 in on line form.

Overview of General meeting of shareholders of Saigon Posts & Telecommunications Service Joint Stock Corporation (SPT)

In 2020, business operation of SPT company mainly concentrated on maintaining post services, fundamental telecommunication; completing Core network to prepare for implementing digital content service, transforming service structure from fundamental group to digital content service, promoting the application of digital technology on the development of new service and completing ecosystem service in wifi platform.

Due to many objective and subjective reasons, business result in 2020 of SPT basically reached VND 547 billion (reaching 78% of the set out plan) and profit before taxes reached VND 1 billion.

At the meeting, Ms. Nguyen Cam Phuong - Chairman of the Board of Directors presented a report to shareholders on business plan in 2021, which emphasized the extremely important reformation strategy to abridge the system to overcome the pandemic and be ready to restart strongly after COID-19. Accordingly, the company set a target of VND 700 billion (up to 30% compared to the previous year) and profit before taxes reaches VND 30 billion.

SPT shall strongly focus on activities á follows: Abridging personnel apparatus; restructuring the company in direction of establishing subsidiaries for potential service segments; technology application in investment and development of new services and products such as digital service development, digital economic infrastructure, digital society in orientation of the Government, Ministry of Information and Communications in accordance with the development of 4.0 industry.

SPT also said that financial resource preparation is an important task that needs careful preparation. Accordingly, charter capital of STP is expected to increase up to VND 600 billion (six hundred billion dong) through the issuance of an additional 600 million shares. The proceeds will be used to supplement working capital and business operating capital to implement the set out business plan.

After presentation, shareholders of SPT approved all 10 voting contents, in which the proposal to increase charter capital was approved with 77% rate. Therefore, restructuring plan of the company shell be implemented and it is expected to complete in 2023 as the company has to prepare dossiers of establishment license and other necessary licenses.

The meeting finished in earnest and complying this COVID-19 prevention and control regulations of the government with a spirit of high determination to overcome the pandemic and look forward to the development after the pandemic controlled.