VIETNAM

Grattan on Friday: Ethnic tensions will complicate the Albanese government’s multicultural policy reform

Retrieved on: 
Thursday, April 18, 2024

“In 2024, threats to our way of life have surpassed terrorism as Australia’s principal security concern,” he said.

Key Points: 
  • “In 2024, threats to our way of life have surpassed terrorism as Australia’s principal security concern,” he said.
  • Tensions, especially in western Sydney, are much elevated because of the Middle East conflict.
  • And the Wakeley attack came just two days after the Bondi Junction shopping centre stabbings, which killed six people.
  • While that atrocity did not fall under the definition of “terrorism”, inevitably the two incidents were conflated by an alarmed public.
  • The challenge for political leaders is not just dealing with the immediate increasing threats to cohesion, but with longer term policy.
  • Andrew Jakubowicz, emeritus professor of sociology at the University of Technology Sydney, highlights the three separate elements of multiculturalism.


“Settlement policy, which deals with arrival, survival and orientation, and the emergence of bonding within the group and finding employment, housing and education
"Multicultural policy, which ensures that institutions in society identify and respond to needs over the life course and in changing life circumstances, and
"Community Relations policy, which includes building skills in intercultural relations, engagement with the power hierarchies of society and the inclusion of diversity into the fabric of decision-making in society - from politics to education to health to the arts.”

  • The Albanese government last year commissioned an independent review of the present multicultural framework.
  • Although the review is not due for release until mid-year, the May budget is likely to see some initiatives.


Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

EQS-News: Financial year 2023: SBO with all-time high in sales

Retrieved on: 
Wednesday, April 10, 2024

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, continued its growth in 2023 and recorded excellent sales and earnings development.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, continued its growth in 2023 and recorded excellent sales and earnings development.
  • The SBO Group's sales rose by 16.9% to an all-time high of MEUR 585.9 (2022: MEUR 501.2), driven by the outstanding performance of the AMS division with 32.2% growth.
  • The order backlog per year-end remained at a high level at MEUR 225.4 (2022: MEUR 265.0).
  • We have once again demonstrated our operational strength, achieved record sales, improved our operating result and generated a high operating cash flow.

HDBank announces financial statements with profit of $524 million, ROE 24.2%, releases 2024 ESG report

Retrieved on: 
Wednesday, April 10, 2024

HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.

Key Points: 
  • HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.
  • — Photo courtesy of HD Bank
    Profitability ratio ROA is 2% and ROE is 24.2%, both higher than last year and keeping HDBank among the group of leading banks in these crucial indicators.
  • HDBank is the first in Vietnam to publish an ESG report in 2024 as part of its efforts to help Vietnam achieve its commitment of achieving net zero greenhouse gas emissions.
  • HD SAISON Finance Co. Ltd., a joint venture with a Japanese partner, achieved leading business results in terms of profit and safety among financial companies.

EQS-News: Australian Patent Update

Retrieved on: 
Wednesday, April 10, 2024

EcoGraf Limited (“EcoGraf” or the “Company”) (ASX: EGR; FSE: FMK; OTCQB: ECGFF) advises that the delegate of the Australian Commissioner of Patents has issued findings in favour of opposition raised to the Company’s Australian patent application, filed on 1 November 2022 and entitled “Method of Producing Purified Graphite”.

Key Points: 
  • EcoGraf Limited (“EcoGraf” or the “Company”) (ASX: EGR; FSE: FMK; OTCQB: ECGFF) advises that the delegate of the Australian Commissioner of Patents has issued findings in favour of opposition raised to the Company’s Australian patent application, filed on 1 November 2022 and entitled “Method of Producing Purified Graphite”.
  • For full details refer:
    EcoGraf is considering its position in relation to the matter, specifically whether or not it intends to file amendments to overcome the deficiencies identified by the delegate in the Company’s Australian patent application and/or whether to exercise its right of appeal to the Federal Court.
  • The US Patent and Trademark Office has confirmed that the Company’s patent application, filed on 1 November 2022, entitled “Method of Producing Purified Graphite” was granted on 18 July 2023 as US Patent 11,702342 (refer ASX announcement US Patent Granted 19 July 2023).
  • The Company’s EcoGraf HFfree™ Australian Product Qualification Facility is being developed with the support of a $2.9m grant provided by the Australian Government under the Critical Minerals Development Program, with commissioning scheduled to commence next month.

Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam

Retrieved on: 
Wednesday, April 10, 2024

Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam

Key Points: 
  • Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam
    (28 March 2024, Hong Kong) - Modern Dental Group Limited (hereinafter referred to as "Modern Dental" or "the Group", stock code: 03600.
  • HK), a leading global dental prosthetic device provider, successfully held the grand opening ceremony for ACESO production base in Dong Nai, Vietnam today.
  • Modern Dental Group is committed to ensuring efficient and high-quality production to meet the customers’ demands and support continuous expansion.
  • The opening of ACESO production base in Vietnam will significantly empower the core production capabilities and efficiency of the Group, driving vigorous development of new quality productive forces and solidifying the Group’s leading position in dentistry.

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Wednesday, April 10, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

HDBank increases ‘green’ credit to help popularise Vietnamese rice globally

Retrieved on: 
Wednesday, April 10, 2024

Prime Minister Phạm Minh Chính issued Directive No 10/CT-TTg on March 2, 2024, on promoting the production, trading and export of rice in a sustainable, transparent and effective manner.

Key Points: 
  • Prime Minister Phạm Minh Chính issued Directive No 10/CT-TTg on March 2, 2024, on promoting the production, trading and export of rice in a sustainable, transparent and effective manner.
  • It focuses on meeting credit needs for buying and exporting rice from the 2023-2024 winter-spring crop in the Mekong Delta.
  • Lộc Trời was also the first enterprise to put Vietnamese rice on the shelves of E.Leclerc, which has nearly 600 hypermarkets and more than 100 supermarkets across France.
  • In recent years Việt Nam's rice industry has had outstanding success, reaching world levels and establishing its position.

CGSI Reiterates “Buy” Rating on Modern Dental (03600HK), Ups Target Price to HK$5.88

Retrieved on: 
Wednesday, April 10, 2024

In a recent report by CGS International, they have reaffirmed the “Buy” rating on Modern Dental (03600HK), raised the target price to HK$5.88.

Key Points: 
  • In a recent report by CGS International, they have reaffirmed the “Buy” rating on Modern Dental (03600HK), raised the target price to HK$5.88.
  • Modern Dental increased its production capacity by over 50% in FY22-23 by expanding capacity of its Dongguan laboratory and setting up new facilities in Vietnam.
  • Due to enhanced production capability, CGSI believes Modern Dental should improve production efficiency and decrease product costs in FY24F.
  • The target price increased to HK$5.88 based on 10x CY25F P/E, reiterated “Add” on Modern Dental.

Nagakawa and u-blox join forces to optimize energy consumption and reduce CO2 emissions in Vietnam buildings

Retrieved on: 
Wednesday, April 10, 2024

The aim is to optimize energy consumption and reduce CO2 emissions in various buildings in Vietnam.

Key Points: 
  • The aim is to optimize energy consumption and reduce CO2 emissions in various buildings in Vietnam.
  • Such innovative developments will contribute to the Vietnamese government achieving its goal of net-zero CO2 emissions by 2050.
  • Supported by BEMServer, described as the world’s premier open source building energy management platform, and enabling manual or automatic adjustment of HVAC/VRF systems, the solution will help curb energy consumption and reduce CO2 emissions.
  • Nagakawa is partnering with u-blox and the BEESOTA 6G Alliance to build a comprehensive system, with gradual implementation into buildings planned throughout Vietnam.

Modern Dental Group Announces 2023 Annual Results - Record High Revenue, EBITDA and Net Profit, Number of Cases Surpassing 2 Million

Retrieved on: 
Wednesday, April 10, 2024

The Board recommended a final dividend of HK9.0 cents per ordinary share for the year ended 31 December 2023.

Key Points: 
  • The Board recommended a final dividend of HK9.0 cents per ordinary share for the year ended 31 December 2023.
  • (26 March 2023, Hong Kong) Modern Dental Group Limited (“Modern Dental” or “the Group”, stock code: 03600.HK), a leading global dental prosthetic device provider, announces its annual results for the year ended December 31, 2023 (“the year”).
  • The Group is committed and will continue to equip ourselves to provide the state-of-the-art digital solutions offering to the dental community in the market.
  • The Group continues to grow into more than just a one-stop shop dental prosthetic provider, but a full dental ecosystem to support our customers.