The Phu My Hung Midtown is being developed in District 7 of HCM City. Phu My Hung Development Corporation on Thursday said the number of registrations for buying apartments in the Signature in HCM City’s District 7 has topped 1,500, some five times the number it plans to sell later this month. At a sales event on January 27 the company is set to sell 270 units. The company revealed that 20 per cent of the registrations are by foreigners. The deadline for registering is January 15. The names of the successful customers would be announced before the sales day, and those who fail to make the cut can register for the next round of sales to be held after Tet (the Lunar NewYear). The Signature is the third phase of a complex called Phu My Hung Midtown the company developing in its Phu My Hung City Centre. It has 516 apartments, 71 per cent of them with two bedrooms and measuring 73-78sq.m. The rest are three- and four-bedroom units. It will have two blocks with 18 and 27 floors. In the first two phases of Phu My Hung Midtown, more than 600 apartments were sold. The company said 70 per cent of the people buying plan to live there. In Phu My Hung Midtown, residents can enjoy all the amenities of not only the individual projects but also the whole of Phu My Hung City Centre. – VNS
HCM CITY (Biz Hub) – The Phu Hung Life Insurance Joint-Stock Company signed a contract to appoint EY Viet Nam as its auditor on Thursday.Under the agreement, EY Viet Nam will carry out the audit work for Phu Hung Life Insurance in the 2013 fiscal year, helping the latter set a high standard and commitment for its corporate governance and business practices."We trust the quality of EY's people and their capability in the insurance audit," said Bimal Balasinghan, director of Phu Hung Life Insurance.Phu Hung Life Insurance was established in 2013 with an initial capital of VND633 billion (US$30.1 million).The…... [read more]
HCM CITY (Biz Hub) — The Phu Hung Life Insurance Joint-Stock Company (Phu Hung Life) and TRG International (TRG) on November 20 signed a contract to appoint TRG as Phu Hung Life's financial solution provider.Under the agreement, TRG will supply Info SunSystems version 6, a complete financial management solution that complies with both International FinancialReporting Standards and Vietnamese Accounting Standards.The solution also offers other features specialising in financial management for life insurance in Viet Nam and operational reporting and analysis for Phu Hung Life.TRG will design and deploy the software system as well as provide training sessions, support and maintenance…... [read more]
At the granting ceremony (Photo: tinnhanhchungkhoan.vn)Hanoi (VNA) - The State Securities Commission (SSC) of Vietnam on January 20 granted a certificate of operation to Phu Hung Securities Corporation (PHS) after the company merged with Hanoi-based An Thanh Securities Company (ATSC).According to PHS General Director Chia Ken Chen, the merged enterprise has chartered capital of 202.5 billion VND (9.03 million USD). He said that the share swap ratio for PHS shareholders is 0.482, and for ATSC shareholders it is 0.857.The shake-up process has been made to ensure investors’ rights and interests, Chia Ken Chen underscored.At the granting ceremony, SSC Vice Chairman…... [read more]
Open-air untreated garbage in Phu Hung dump in the southern Ben Tre Province is causing serious environment pollution to locals living nearby. — Photo laodong.com.vn BEN TRE (VNS) — Piles of untreated garbage in Phu Hung dump in the southern Ben Tre Province are causing serious environment pollution to locals living nearby.The open-air garbage dump covering an area of 52,000 sq. m in the Phu Hung Commune has been receiving a large amount of garbage from Ben Tre city for more than 20 years with no provision to keep it separated from the inhabited area around it.Local residents complained that…... [read more]
The BOT (build-operate-transfer) project includes a bypass road on National Highway No.1 at Phu Ly town and reinforcement works at Km215+775-Km235+885 of the northern province of Ha Nam.The transferred part makes up 40 per cent of the chartered capital of the project company FCC Infrastructure Investment JSC (equivalent to 11.2 million shares). FECON explained that the deal is because it wanted to restructure of its investment portfolio.Specifically, FECON will transfer 5.6 million shares, equivalent to 20 per cent of the chartered capital, to its subsidiary Infrastructure Joint Stock Company (FCI), 3.92 million shares (14 per cent) to Japan Expressway International Company…... [read more]
