Simply put, it is Caesar and all believers together.

Judging from public reports and comments, it is more of a capital-level combination of words and skills such as the equity structure, the combined market value, and the change of actual controllers. In fact, this is the merger of the two top 20 Chinese tourism groups, which will have a broad and profound impact on the direction of the travel service market and the future of innovation and development of the tourism industry.

In this regard, we can’t just see the game of capital, let alone be a melon-eater, but also think about the impact of this event on the rights and interests of tourists, employee rights and benefits, the outbound market competition, and even the construction of a modern tourism system Deep influence.

The internal mail of the merged party defined the relationship between the two companies before the merger as “competition”, emphasizing that “Alltrust is good at wholesale, and Caesar is good at retail.” Accordingly, the two companies should be located in the wholesale and retail links of the travel service industry chain. In most cases, the relationship between upstream and downstream companies should be cooperation greater than competition.

Major auto sales companies and 4S stores, clothing wholesale markets, and terminal sales points may have inter-industry games in terms of wholesale and sales terminal pricing power, distribution agency power, channel management power, etc., which belong to the influence and discourse under the pattern of interdependence. The struggle for power will not be the same as between wholesalers and retailers.

In fact, the two companies have both wholesale competition and retail competition in the European tourist market for Chinese citizens.In recent years, there has been direct competition between the two parties in terms of resource management and control, product and service innovation in the shopping, small transportation and local life markets. Now that we have merged, I am afraid it will not be as simple as “in the future, we will go together, learn from each other and learn from each other”, but also accept changes in the actual controller and the board of directors, the board of supervisors, the senior management team, as well as professional managers, technical teams and cultural genes. The challenge of restructuring and reengineering must accept the scrutiny of the tourism administration department and the scrutiny of the tourism industry counterparts.

In this sense, whether “A merges with A” or “groups to withdraw money”, they are all just describing the appearance of the capital game in news language, rather than systematically interpreting typical events from the perspective of market rationality and business ecology. We hope to see the merged “Caesars-Zhongxin” system better protect the rights and interests of tourists and bring service quality to a new level.Competition is the norm in the market. The more intense the competition, the greater the pressure on the enterprise. From the perspective of tourists, the fiercer market competition is, the more consumer rights and interests can be protected. This is also the internal reason why every market economy country encourages competition and mobilizes legal, administrative, media and social resources for anti-monopoly. For Chinese citizens traveling to Europe, it may be because the company has turned resources to defend against competition to product development and quality control to enjoy updated products and higher-quality services, or it may be due to the lack of competitors of the same magnitude in the short term. Do not pay a higher price for the same product. We hope to see the former rather than the latter, and we also hope that the merged company will make the company’s strategy more transparent through dialogue and communication at an appropriate time. We hope to see more product development, service upgrades and business model innovations.Travel agencies are a typical form of the tourism industry. They have played a key and active role in the inbound tourism market in the 1980s, the domestic tourism market in the 1990s, and the outbound tourism market in the first two decades of this century. With the maturity of consumption and the advent of the digital age, traditional travel agencies are facing the reality of repositioning. One is to continue to follow the classic business model of “charter flights, charter ships, and hotels, inter-industry wholesale + direct sales, and get the intermediate price difference”. Second, while grasping the source of customers, strengthen cooperation with suppliers of self-financed items such as shopping stores and entertainment performances, and copy the model of “unreasonably low prices, zero negative group fees, rebates, and rebates” in disguise to overseas, and through investment Payment platforms, immigration agencies, and study abroad agencies obtain high non-main business profits. The third is to take the road of “cultural and tourism integration + cross-industry cooperation”, and provide tourists with more quality products and services endorsed by goodwill with an open and transparent business model. In the past few years, Caesars has chosen a third model that is more in line with the development needs of contemporary tourism, and has withstood the test of the new crown pneumonia epidemic, which is what modern enterprises should be.We have reason to believe that the merged “Caesars-Zhongxin” system will inherit Caesar’s business model and carry out business under the sun to the end. The sea is turbulent. For our tourism industry, no matter where the two companies will go in the future after this merger, they will always be the “true heroes” of the year

The content of the approval showed that the China Banking and Insurance Regulatory Commission agreed to Hengfeng Bank’s investment of RMB 2 billion to prepare for the establishment of Hengfeng Wealth Management Co., Ltd., and the required funds were allocated from the capital. Hengfeng Bank shall handle the preparatory work in strict accordance with the requirements of relevant laws and regulations, and complete the preparatory work within 6 months from the date of approval. After the completion of the preparatory work, an application for opening business shall be submitted to the China Banking and Insurance Regulatory Commission in accordance with relevant regulations and procedures.

In addition, the China Banking Regulatory Commission also mentioned in a document published on the same day that the China Banking Regulatory Commission also agreed to prepare for the establishment of the Hengfeng Bank Fund Operation Center, which will be completed within 6 months from the date of approval. Accept the supervision and guidance of the Shanghai Banking and Insurance Regulatory Bureau during the preparatory period, and submit an application for opening business in accordance with relevant regulations and procedures after the preparatory work is completed.

It is reported that as early as the end of last year, Hengfeng Bank issued an announcement stating that the company plans to invest no more than 2 billion yuan to establish a wholly-owned Hengfeng Wealth Management Co., Ltd. This time, Hengfeng Bank was approved to establish a wealth management subsidiary, and it will become the second commercial bank approved to establish a wealth management subsidiary during the year.

According to the 2020 annual report of Hengfeng Bank, as of the end of 2020, Hengfeng Bank’s total assets reached 1.1 trillion yuan, achieving 21 billion yuan, 53%. It was 5.3 billion yuan, a year-on-year increase of 703%. The provision coverage ratio was 150.37%, an increase of 29.54% from the end of 2019. The non-performing loan ratio was 2.67%, a decrease of 0.71 percentage points from the end of 2019, achieving a decline for two consecutive years

Inventories and accounts receivable will be affected by different sales channels and are also important indicators to measure the consumption sector. According to Weilong’s prospectus, Weilong spicy strips are sold to downstream distributors in the form of first payment and later goods, and to Internet e-commerce platforms, the industry’s average billing period is about 90 days. Yanjin shop accounts for a relatively high percentage of sales from supermarkets and supermarkets. The number of accounts receivable turnover days is the highest in the industry, 29 days in 2020, and the accounts receivable turnover days of Qiaqia and Liangpin shops are 14-15 days. about. The three squirrels are mainly sold online, and their accounts receivable turnover days are 8.94 days. Weilong’s accounts receivable turnover days are the smallest in the industry. In 2020, it is only 2.5 days, which means that after the product is sold; the payment can be returned in two and a half days, which is a strong position for the downstream. In terms of inventory turnover days, Weilong’s 67 days is second only to Liangpin’s 52 days. Weilong’s ability to clear inventories is also excellent. With fewer inventories, the company’s asset turnover and operating efficiency will naturally increase. In this way, Weilong has the shortest and most efficient operating cycle from procurement to sales to payment collection. Can Weilong’s business support a market value of 60 billion yuan? Where did the pre-IPO valuation of 60 billion come from? Calculated based on Weilong’s only external equity financing, the financing situation of the Pre-IPO in this March A round of this year. Well-known institutions such as CITIC Industry Fund, Hillhouse, Tencent, Yunfeng Fund, Sequoia China and other well-known institutions have invested a total of US$549 million and purchased the newly issued shares of Weilong. The total shareholding ratio is about 5.85%. Assuming that 549 million U.S. dollars, based on the current 6.39 yuan to U.S. dollar exchange rate, 549 million U.S. dollars equals 3.50811 billion yuan, accounting for 5.85%. Therefore, the company’s pre-IPO valuation is 59.968 billion yuan, which is approximately It is equal to 60 billion yuan. It is guessed that this financing from the Pre-IPO round will pay sponsorship and audit fees on the one hand, and on the other hand the company may need to replenish liquidity, which will require a certain amount of money in the near future; perhaps it is worried that the valuation will fluctuate after the IPO. The price transfer of part of the equity and the upcoming listing are the advantages, allowing Hillhouse, Tencent, and Yunfeng Fund to give a valuation of 60 billion, in order to use the “anchor effect” to allow the market to reach a consensus. What will Weilong rely on to support its valuation of 60 billion yuan? Select listed companies in the A-share leisure snack industry for comparison: It is not difficult to find that Weilong’s sales revenue is only higher than that of Yanjin Shop, and its operating revenue is less than 50% of the three squirrels. Because the company’s cost control is better, the sales expenses are the lowest, only 371 million, so the company’s gross profit and net profit margins Compared with the same industry, the net profit margin is as high as 19.9%. It can be seen that the company’s profitability is relatively good. Weilong’s business is indeed a very good business. Weilong’s most eye-catching factor is the return on equity (ROE), which is as high as 66.94%; The reason is that Weilong’s advantage is the relatively high degree of product concentration. The company’s product line is divided into three categories: the first category is seasoned noodle products, spicy noodles, including gluten, spicy sticks and chez-yaki, etc.; the second category is vegetable products. , Including instant snacks such as konjac cool and wind eat kelp; the third category is soy products and others. According to the prospectus, in 2020, the income of spicy strips will account for 65.3% of Weilong’s total income, and the income of vegetable products will account for 28.3%, and the product concentration is relatively high. This means that the company can control the cost of upstream raw materials for food. Judging from the hot strip process in the prospectus, its raw materials are mainly flour and soybean oil. These two products are bulk commodities and are affected by macro-control. There are no substitutes. Based on price fluctuations in recent years, they are basically stable. At the same time, according to the company’s cost situation: 2018-2020 raw material costs accounted for 31.3%, 29.8% and 27.8% of revenue, respectively. It can be inferred that the company’s raw material procurement costs are relatively stable and continuously optimized. In contrast, Liangpin Shop, Three Squirrels, and Yanjin Shop are less optimistic about cost control. The reason is that some of the products of these companies’ product lines are preserved meat, and pork is the main product, accounting for different proportions. They are 25.5%, 13.3%, and 27.7%. Pork has a pig cycle, and its price has fluctuated greatly in recent years. Therefore, cost control is more difficult. Roasted nuts are also the main products of these companies and the raw materials for nuts. Originating from planting or importing, there are more uncertain factors and longer cycles, which makes cost control more difficult, which will affect profitability to a certain extent. In contrast, Weilong’s products have a high degree of concentration. Standardization can be achieved from procurement, production, storage, and sales, and the cost is controllable, which is indeed superior. From the perspective of Weilong’s annual compound growth rate of 22% in revenue and 31% in profit, the company is in the growth stage. From the perspective of the competitive structure of the subdivided “seasoned noodle market”, the current market is relatively fragmented. Although Weilong’s market share is ranked first in 2020, it only accounts for 5.7%. Assuming that the market size of 60 billion seasoned pasta products in 2018 and the CAGR of 10% of the industry are calculated, it is optimistic that the market size will reach 80 billion in 2021. At the same time, based on Weilong’s 7% industry market share, Weilong’s business this year The revenue is expected to be around 5.6 billion, a year-on-year increase of 35.9%, which can still support the current valuation in the short term. However, the growth space of Weilong’s future industry will be constantly compressed by new entrants. And it is important that this market is difficult to unify, because the barriers to entry are low, and other manufacturers are also targeting Weilong’s track. Therefore, it is difficult for Weilong to build a long-term and effective moat, and the growth ceiling in the future is also quite limited. Relying on a single product may become Weilong’s “Achilles’ heel”. Even a world-class consumer leader like Coca-Cola can only be used as an anti-inflation asset allocation tool in the secondary market. The current valuation is relatively high and the performance ranks fourth, but the valuation of 60 billion is the sum of the market value of the top three. It is believed that investment institutions have given higher expectations for the future, so wait and see and pay attention to how Weilong will cash in on its performance after going public

Especially in recent years, the rapid progress has made the whole country know that this province was once poor because of blocked traffic. Fortunately, this turnaround battle was fought so beautifully.

Moreover, the overall development prospects highlighted are also very promising, especially in the cities of Guizhou, which have huge development prospects.

Guiyang. However, judging from the achievements of Guiyang in the past five years and the planning goals for the next 10 years, rapid development has always been the main theme.

The traffic congestion in Guizhou is the main reason why the province’s economy has not been able to achieve major breakthroughs. Guiyang has realized this and has continued to develop an urban transportation hub.

Guiyang’s tourism scenery is infinite. To seize this feature, while vigorously developing the tourism economy, it also creates extended services, such as building an ecologically livable city.

As far as the urban economy is concerned, the development of Guiyang should be regarded as a relatively advanced position in the province, and the future development trend is very worthy of everyone’s expectations.

Anshun. Like a city with good development prospects, Anshun has excellent tourism resources and urban transportation resources. Even in terms of the economy itself, Anshun is developing very well.

Taking economic development itself as an example, Anshun is not only an economic reform pilot zone established earlier in my country, but also a national high-tech industrial base for the civil aviation industry. Taking GDP growth as an example, it has maintained a relatively rapid growth level.

In terms of tourism resources, Anshun has an endless list of tourist attractions. The most famous ones are Huangguoshu Waterfall and Dragon Palace, the two first batch of national 5A-level tourist areas. There are several 4A-level scenic spots. Upgraded scenic spots are even more important. Large numbers.

And every scenic spot is taken out, no matter what level it is, it is taken out, the scenery is very distinctive.

In addition, there are more than 100 cultural relics protection units in Anshun, and many tourists come here every year for sightseeing, bringing considerable tourism income.

Anshun’s transportation network is also the envy of many cities. There are not only 4C-class airports in the territory, but also the Shanghai-Kunming Expressway that runs through the east and west regions.

As far as the counties and districts in Anshun are concerned, there are expressways between every county and every township has an oil road. Even water transportation is very good. With the continuous optimization and upgrading of various industries in recent years, Anshun has brought more rapid development.

Liupanshui. The development prospects of this city are great, and a big reason is that various industries are developed here in accordance with local conditions.

Rich in mineral resources, coupled with the very smooth transportation that has been developed today, it has become a very important railway hub city and logistics distribution center in southwest my country.

In addition, there is a very gratifying place here, that is, it has a very livable environment, which is very suitable for settlement, and the conditions for the development of human settlement related industries are very high-quality.

The current development of Guizhou is no longer constrained by the occlusion of traffic in the past. Instead, it has made strides along the Roman Avenue of development. These cities, in particular, may become the shining stars of the development of Guizhou in the near future. .

Hundreds of thousands of motorbike taxi drivers in Rwanda will be able to change petrol motorbikes into electric cars Bloomberg reported that the Rwandan government has partnered with a local company, Rwandan Electric Mobility, to deploy electric scooters in the country’s capital, Kigali. Rwanda has a population of more than 12.6 million people living in an area of ​​26,338 square kilometers, and is the most densely populated country in Africa. The motorbike taxi industry, motorbike taxi service, or delivery is a popular method of transportation and delivery in this country, thanks to its affordable prices and access to all corners of the country. Therefore, the initiative to convert gasoline-powered motorbikes that are nearing the end of their service life to electric ones, will help about 100,000 current motorbike owners to have new and zero-emission vehicles. This move not only reduces the overall carbon footprint but also effectively extends the life of these vehicles. It also greatly reduces maintenance costs, car owners don’t need to worry about oil changes and refueling their vehicles. To launch the project, the Rwanda Environmental Management Agency (REMA) signed a contract with Rwandan Electric Mobility, and technical and financial support from the United Nations Development Program (UNDP) was also secured to promote the project. project progress. The trial phase, which is expected to last for 6 months, will convert about 30,000 motorbike taxis currently using gasoline engines to electric motorbikes.

A Thai woman rests after being vaccinated against Covid-19. The above decision was made at a meeting of Bangkok’s Communicable Diseases Committee on May 31. The commission said the reopening was intended to ease the burden on business by allowing it to operate under strict conditions. The Thai government’s efforts to control the outbreak of Covid-19 in residential communities, markets and worker housing are continuing. Five types of businesses are allowed to reopen in Bangkok from June 1 including: museums, learning centers, science parks, historical sites and art galleries (no group tours). ; tattoo parlors and nail salons (must close for 14 days if any Covid-19 cases are detected); beauty/weight loss clinics and services; spas, massage parlors and wellness-related locations (no saunas or facials); and public parks, botanical gardens and flower gardens (no eating or gathering). Other businesses in Bangkok will remain closed until June 14. On May 31, Thailand recorded a record high of 5,485 new cases of Covid-19 within 24 hours, bringing the total number of infections so far to 159,792. The whole country recorded 19 more deaths from Covid-19, bringing the total number of people who did not die from this disease to 1,031. Bangkok continues to lead the list of localities with new cases, with 1,356 cases recorded on May 31. (according to VNA)

People in Bangkok go shopping. (Photo: Ngoc Quang/VNA) The capital Bangkok will allow the reopening of five types of businesses from June 1 in the context that this locality still leads the country in the number of new COVID-19 cases. The above decision was made at a meeting of Bangkok’s Communicable Diseases Committee on May 31. The commission said the reopening was intended to ease the burden on business by allowing it to operate under strict conditions. Efforts to control the outbreak of COVID-19 in communities, markets and worker housing are continuing. Five types business allowed to reopen in Bangkok from June 1, including: museums, learning centers, science parks, historical sites and art galleries (no group tours); tattoo parlors and nail salons (must close for 14 days if any COVID-19 cases are detected); beauty/weight loss clinics and services; spas, massage parlors and wellness-related locations (no saunas or facials); and public parks, botanical gardens and flower gardens (no eating or gathering). Other businesses in Bangkok will remain closed until June 14. While, Thailand On May 31, the number of new COVID-19 cases recorded within 24 hours reached a record high of 5,485, bringing the total number of infections so far to 159,792. The whole country also recorded 19 more deaths from COVID-19, bringing the total number of people who did not survive this disease to 1,031. Bangkok continues to lead the list of localities with new cases, with 1,356 cases recorded on May 31, followed by Phetchaburi (555 cases), Samut Prakan (358 cases), Saraburi (327 cases) and Pathum Thani (211 cases). Assistant Situation Center Spokesperson COVID-19 (CCSA) Apisamai Srirangson said Bangkok detected two new outbreaks, a residential area for construction workers in Bang Na district and a community in Sathon district, bringing the total number of clusters under close supervision in the capital to 45. .

Moving away from the center of Hanoi about 13 km, visitors will be surprised to see a lotus pond with hundreds of varieties of lotuses competing to bloom. (Photo: Minh Son/Vietnam+) The lotus pond belongs to the Center for Experimental, Research and Development of Lotus Gens (lane 234 Ngo Xuan Quan, Trau Quy, Gia Lam, Hanoi) managed by Mr. La Tien Hiep. (Photo: Minh Son/Vietnam+) The lotus pond is only about 7.5 hectares wide, but this is the place where many lotus species are grown in Vietnam today. (Photo: Minh Son/Vietnam+) Center manager La Tien Hiep said: ‘We are planting and preserving precious lotus species of Vietnam and the world, from lotuses of Dong Thap, Cu Chi, Hue to Chinese and European lotus species. Asia, Australia,…’ (Photo: Minh Son/Vietnam+) Hiep said, the Center began to be built and developed from June 2019. After 2 years, the center now owns 167 species of lotus. (Photo: Minh Son/Vietnam+) Currently, the Center has bred 4 new varieties of lotus with many advantages. (Photo: Minh Son/Vietnam+) Center under the Vietnam Academy of Agriculture. Currently, here is researching and breeding new varieties of lotus with many advantages such as longer fragrance, beautiful color and resistance to harsh weather like in the North. (Photo: Minh Son/Vietnam+) Hiep revealed, the care of all kinds of lotus is almost the same, only the difference is in the season, growth rate, and nutrition. (Photo: Minh Son/Vietnam+) The center was opened for the purpose of research, conservation, hybridization and development of lotus varieties in Vietnam and around the world. Along with that, this will also be a place for people to visit, learn about lotus species, develop the Vietnamese lotus brand. (Photo: Minh Son/Vietnam+) Currently, this is the place with the most lotus varieties in Vietnam. (Photo: Minh Son/Vietnam+) This lotus pond is open to visitors to visit and learn about lotus. However, at the moment, visitors must ensure the 5K request from the Ministry of Health to be allowed to visit and take photos. (Photo: Minh Son/Vietnam+) Many people in the capital also take advantage of coming here to see and take pictures at this unique place. (Photo: Minh Son/Vietnam+) With a large area, the area for planting and developing precious lotus species in Gia Lam creates a separate and colorful lotus pond. (Photo: Minh Son/Vietnam+) Thousands of lotus flowers with all colors from pink lotus, yellow lotus, white lotus, red lotus… take advantage of this occasion to show off their colors. (Photo: Minh Son/Vietnam+) Mr. La Tien Hiep started researching and researching about lotus 7-10 years ago, but it was not until 2018 that he directly planted and made lotus. (Photo: Minh Son/Vietnam+) According to his disclosure, this lotus pond is planted with alternating species for natural hybridization, selecting new hybrid lotus species. (Photo: Minh Son/Vietnam+) It takes the center 3-4 years to be able to breed a new breed. (Photo: Minh Son/Vietnam+) Currently, the Center also provides 7-8 species of lotus such as white lotus with white border, white lotus with pink border, blood lotus, … for sale and plug to serve the needs of the people of the capital. (Photo: Minh Son/Vietnam+) Every day, this lotus pond produces 800-1,000 lotus flowers of all kinds and goes all over Hanoi. (Photo: Minh Son/Vietnam+) Mr. Hiep said that because the supply of lotus is not enough, in the near future, he wants to establish a cooperative with the local government. (Photo: Minh Son/Vietnam+) Close-up of the Drop Blood Lotus lotus. (Photo: Minh Son/Vietnam+) Like a lotus with a very cool-sounding name: Tender Girl. (Photo: Minh Son/Vietnam+) Every day, Mr. Hiep will get up at 3 am to start picking lotus. At about 6 o’clock, all lotus must be exported throughout Hanoi. Lotus must be harvested and exported before the sun is strong because after being picked, the lotus flower will be blown away at high temperatures. (Photo: Minh Son/Vietnam+) Lotus variety Pink Diamonds Lotus, also known as pink diamond lotus. (Photo: Minh Son/Vietnam+) The 15 Hong Ngoc lotus flowers will make many people come here fascinated. (Photo: Minh Son/Vietnam+) Similar to lotus with the name HT. Queen’s Pink Lips Lotus was bred by Hiep himself. (Photo: Minh Son/Vietnam+) Trung Son thousand-petalled lotus blooms and blooms in the summer sun. (Photo: Minh Son/Vietnam+) Hanoi in the early summer days of June is dazzling, but when coming here, dropping into the vast space of lotus ponds will surely make visitors excited. (Photo: Minh Son/Vietnam+) Lotus variety Thuy Tuy Hong An with characteristic shape. (Photo: Minh Son/Vietnam+) Like Mid Nights Lotus. (Photo: Minh Son/Vietnam+) Along with that, the Center also dedicates 5,000-10,000 flowers per crop to produce lotus tea. (Photo: Minh Son/Vietnam+) The lotus season usually starts from the end of May and lasts until the beginning of September. The beautiful and valuable lotus flower has many deep meanings, so it is very popular with the people. (Photo: Minh Son/Vietnam+) Lotus flowers are displayed everywhere and are one of the typical flowers of summer. (Photo: Minh Son/Vietnam+)

According to Mayor Sergei Sobyanin, anyone over the age of 18 who receives the first shot of the COVID-19 vaccine between June 14 and July 11 will automatically be drawn into a lucky draw for a car. According to Sobyanin, five cars worth one million rubles ($13,900) each will be given away weekly. The move comes in an effort to speed up the slow pace of vaccination in this city as the number of new infections in Russia continues to increase. “This is only a temporary solution. To avoid difficult blockade measures and ensure improvement of the situation, we need to speed up the vaccination,” – Mayor Sobyanin shared. A medical professional holds a vial of the Russian-made Sputnik V COVID-19 vaccine on January 18. Photo: REUTERS The Russian capital recorded 7,704 new infections on June 13, the most in a single day since December 24, 2020. Russian authorities also reported 14,723 cases nationwide, the largest single-day total since February 13. Earlier in the day, Mayor Sobyanin informed the city’s residents to take a break from work next week to help limit the spread of the disease and to enjoy a productive “long holiday”. Mr. Sobyanin once publicly lamented the small number of people choosing to vaccinate. After the call for people to get vaccinated to receive free cars, the mayor of Moscow did not disclose specific figures on the number of people who came for the injection. On May 21, Mayor Sobyanin announced that about 1.3 million of the more than 12 million people in the capital had received one dose, Reuters news. Russia was the first country in the world to approve a COVID-19 vaccine for domestic use, before the start of large-scale trials.

Airline in crisis Lufthansa wants to get rid of state influence

Status: 15.06.2021 9.45 a.m.

The largest German airline wants to raise additional money on the capital market for its realignment. In doing so, the group is trying to reduce the federal government’s ability to influence as quickly as possible. Lufthansa has initiated its planned capital increase. According to a mandatory announcement yesterday evening, the aviation group mandated four banks to implement the measure. However, according to the announcement “The Management Board and the Supervisory Board have not yet made a decision on the scope and timing of a possible capital increase”. Companies raise capital by issuing additional shares; the shares of the existing shareholders are thus diluted. The company is now implementing the approval of the shareholders received at the general meeting in May. The airline is allowed to raise up to 5.5 billion euros in fresh capital on the capital market. According to media reports, the management initially only wants to mobilize around three billion euros in order to push ahead with the restructuring of the company.

Exclusive 06/01/2021

Billion dollar rescue package

Lufthansa also wants to reduce the influence of the state through the capital increase. Lufthansa was in dire straits due to the Corona crisis and had to be supported by Germany and its other locations with a financial framework of nine billion euros. Germany accounted for a total of 6.8 billion euros of the state rescue package for Lufthansa. However, the airline group only made use of around two billion euros of the guaranteed funds. Half of this has already been repaid with the money from new bonds, so that Lufthansa currently owes the state around one billion euros. A capital increase of three billion euros would enable the company to repay this amount earlier than previously planned. The state would then soon have to sell its block of shares, for which it paid around 300 million euros.

Group wants to drastically reduce costs

With the withdrawal of the state participation, Lufthansa would have more leeway again. Because in return for state aid, the company has to adhere to various conditions: for example, a ban on paying dividends to shareholders or distributing interest to bond owners. Bonus payments to managers are also not yet possible. So far, the plan was not to pay off the state aid until 2023. Even drastic cost savings are probably easier to implement without government influence. According to earlier information, Lufthansa wants to reduce the number of employees in Germany by another 10,000 to 100,000. To this end, Lufthansa wants to lower tariff standards, encourage employees to leave the company voluntarily, but also issue redundancies for operational reasons. The unions had already made concessions in the Corona crisis, but recently accused Lufthansa of evading tariffs.

The approval of the state fund is still pending

The federal government’s economic stabilization fund (WSF), which has a 20 percent stake in Lufthansa, is expected to participate in the capital increase – but without spending additional taxpayers’ money on it. The WSF still has to approve the plan, said Lufthansa. The Corona financial aid fund wants to participate in the capital increase with a so-called “Operation Blanche”. A shareholder sells part of his subscription rights for the new shares in order to exercise the remaining subscription rights with the proceeds. No additional tax revenue is required for this transaction. The MDAX company also announced a new profit target for 2024 in the evening. By then, experts estimate that aviation should return to pre-crisis levels. The adjusted operating margin, i.e. the ratio of operating profit to sales, should then reach at least eight percent, and the return on investment should be at least ten percent.

Decoding the Hong Kong stocks, the original trump card column of the Hong Kong Caihua News Agency, and financial experts gathered. After reading, remember to subscribe, comment, and like.

“The 27th Shanghai TV Festival”, “The 4th China Film and Television Capital Summit”, “Dragon Boat Festival” and many other film and television industry events followed one after another.

What is the box office record of the Dragon Boat Festival in 2021? Has the film and television industry recovered in the first quarter? After two years of trough, can the film and television industry regain the favor of capital?

The box office broke 400 million, and the Dragon Boat Festival fell

On weekends and Dragon Boat Festival, the three-day holiday has passed, and the box office data for the most important holiday schedules in the film and television industry has been released.

According to the data of Maoyan Professional Edition, as of 12:00 on June 15th, the total box office of the Dragon Boat Festival is 466 million yuan.

I don’t know, the box office of this year’s Dragon Boat Festival of 466 million yuan has shrunk significantly compared with the same period in previous years. Before the new crown epidemic, the box office of the Dragon Boat Festival in 2019 was 785 million yuan, and the box office of the Dragon Boat Festival in 2018 was 912 million yuan. This year, the box office of the Dragon Boat Festival has only recovered by half.

As for the reason for the poor box office this year, some people say that the quality and subject matter of the film, while others say that the attendance rate is not as good as before.

This year’s Dragon Boat Festival’s higher box office movies include “Beyond”, “Bed Rabbit 2: Escape Plan,” and “Tropical Once Upon a Time”, which are ranked in the top three on the schedule.

Compared with previous Dragon Boat Festival files such as “Warcraft” and “Jurassic World 2,” some film critics pointed out sharply that this year’s Dragon Boat Festival films lacked box office appeal.

The shortage of imported films is also one of the reasons for the low box office. Industrial Securities pointed out that due to the still short supply of imported films, the box office from January to May of 2021 was 25.5 billion yuan, down 6% from the same period in 2019.

In the medium and long term, as the proportion of overseas vaccines continues to increase, the supply of high-quality imported tablets is expected to gradually recover.

Of course, in the post-epidemic era, attendance is also a major factor affecting movie box office.

Although the China Film Distribution and Projection Association has increased its theater attendance to 75% since September 25, 2020.

However, due to multiple factors such as people’s fear of the epidemic, it is still difficult to fully recover the attendance rate. According to a warning from Cineworld, the world’s second largest theater operator, theater attendance will not return to the level before the new crown epidemic until 2024.

Although the Dragon Boat Festival schedule is lacking in terms of film and attendance, industry companies have increased their publicity efforts in 2021 and are preparing to regain lost ground.

For example, Huayi Brothers increased its film promotion in the first quarter of 2021, resulting in an increase in sales expenses of 185.98% compared with the same period of the previous year, and the sales expense ratio returned to the level of early 2017.

Wanda Movies has also increased its publicity efforts. In the first quarter of 2021, the company’s sales expenses were 388 million yuan, a year-on-year increase of 229.94%.

After the Dragon Boat Festival holiday, there are only eleven golden films left in 2021, and the film industry faces severe challenges in returning blood.

In the first quarter, most of the companies in the industry returned to their blood and still face emotional challenges in watching movies

Although the box office of the Dragon Boat Festival was not satisfactory, after the retaliatory rebound in the box office of the Spring Festival and Qingming of 2021, the full recovery of film and television companies is just around the corner.

Judging from the performance of the first quarter of 2021, industry companies have achieved greater growth in both revenue and net profit attributable to the parent.

Wind data shows that there are 28 A-share film and television concept stocks, of which 25 have achieved year-on-year growth in revenue in the first quarter of 2021, and all have doubled.

For example, Hualu Baina’s revenue in the first quarter was approximately 216 million yuan, a year-on-year increase of nearly 13 times. ST Beiwen’s revenue was approximately 16 million yuan, a year-on-year increase of 12 times.

Most companies in the industry have achieved exponential growth. On the one hand, this is due to the recovery of this year’s performance, and on the other hand, it is also due to the low performance base caused by the 2020 epidemic.

In the first quarter, Wanda Films, Huace Films, and China Films had revenues of more than 1 billion yuan, which were about 4.1 billion yuan, 1.4 billion yuan, and 1.3 billion yuan, respectively. The revenue growth rate was as high as 228%, 84%, and 387%, respectively. .

While the industry leaders are regaining lost ground, there are also some individual companies that have achieved negative year-on-year revenue growth. They are Meisheng Culture, New Culture and Tangde Film and Television, respectively, about -20%, -48%, and -83%.

Tang De Film and Television, which is engaged in TV dramas, film investment, production and other businesses, has been seriously injured since 2018. Affected by the public opinion events of the heroine, the leading TV drama “Ba Qing Chuan” that it invested and produced failed to be broadcast on time, which caused a serious impact on the company’s performance. Negative Effects.

In addition, since 2018, due to the tightening of regulatory policies, the new crown epidemic and other factors, the overall prosperity of the film and television industry has declined, and the sales progress of Tangde Film and Television’s film and television drama projects has been lower than expected.

In terms of net profit, in the first quarter of 2021, most of the industry companies achieved a return to blood, and only contemporary style and sports lost about 150 million yuan, which is a large amount of loss.

Compared with the “end of the epidemic” in the first quarter of 2020, most of the industry companies’ net profits attributable to their mothers have achieved significant results. Among them, the net profit attributable to the parent company of Guangguang Media has increased by 5.73 times year-on-year, and the net profit of Huayi Brothers has also increased by 2.63 times. , Fengyuzhu, Hengdian Film and Television and other companies have more than doubled the growth rate.

Only Hualu Baina, Ciwen Media, ST Beiwen, Contemporary Style, Tangde Film and Television, and New Culture’s net profit growth rate is lower than the same period in 2020.

Although the film and television companies have gradually recovered their blood, the overall recovery situation is still severe. The film and television companies not only face re-stimulating the mood of watching movies and prompting the return of viewers, but also face the multi-faceted competition of Internet long and short videos.

Since 2021, the film and television industry has exploded twice in collective rights protection, protesting against short video platforms and other acts of editing, cutting, moving, and disseminating film and television works.

Once a certain industry has collective rights protection and protest, the expression of rights or interests (IP) is violated, and it also indicates that the industry has entered a development bottleneck period.

Compared with the crazy influx of capital into the film and television industry, is the film and television industry now abandoned by capital?

Film and television bottomed out, capital recovered

For the profit-seeking nature of capital, it is a bit too one-sided to simply say that a certain industry was abandoned by capital due to the downturn.

At the 4th China Film and Television Capital Summit just held, Huayi Brothers Vice Chairman and CEO Wang Zhonglei said that the valuation of many listed companies in the film and television industry has dropped to the lowest point, and the overall valuation of many companies is even worse than the iceberg of Internet companies. For one thing, the valuation of listed companies in the film and television industry will surely rebound in the future.

Wang Zhonglei has a more profound experience as an industry insider. Since 2020, affected by the epidemic, the film and television industry has entered the darkest moment. Whether it is film or TV series production, the valuation is lower than that of A-shares.

Specific to industry companies, for example, Huayi Brothers has a net profit loss of 1.048 billion yuan attributable to its parent in 2020, corresponding to a PE of -9.47.

Looking at the company’s valuation, it was revealed in 2018 that the “black swan” fluctuated downwards in the film and television industry, and remained at a low level under the epidemic.

Is the film and television industry really abandoned by capital?

No. The film and television industry is going out of the darkest moment and experiencing Nirvana rebirth. First of all, film and television, as a major cultural and entertainment category of the Chinese people, has huge room for development, and the market scale is gradually strengthening.

Secondly, from a policy perspective, under the epidemic, the Ministry of Finance, the State Administration of Taxation, and the National Film Administration jointly issued an announcement to provide tax support policies for the film industry and temporarily exempt the collection of special film funds.

At the local level, Beijing, Jiangsu, Zhejiang, Guangdong and other places have successively introduced supporting policies to increase cinema subsidies to ensure the normal operation and healthy development of the film market.

It is precisely because of effective guarantees that in the first quarter of 2021, companies in the film and television industry will gradually recover, and the secondary market will begin to pick up.

Wind data shows that half of the 28 A-share film and television concept stocks have recovered. Since the beginning of the year, the share price of Zhongguang Tianze has risen about 61%, the share price of Jebsen shares has risen about 38%, and the share price of Huakai Creative has risen 37%.

On the contrary, the share price of the leading Wanda Films has fallen by 13%, Chinese films have also fallen by about 4%, and Huayi Brothers has fallen even more, by about 15%.

In the future, with the boom of the film and television industry, if the content-driven Huayi Brothers can retrieve the core password of the content, it will be sooner or later that the valuation will return.

For example, Huayi Brothers is one of the producers of the No. 1 box office movie “Beyond” in the Dragon Boat Festival this year. In addition, the company also participated in the investment in “Hello, Li Huanying” and “Mermaid 2” directed by Stephen Chow, both of which are excellent movies in recent years. works.

The box office of “Hello, Li Huanying” has exceeded 5 billion yuan, and Stephen Chow’s “Mermaid 2” is also a blockbuster that has attracted the attention of the audience.

With the return of the box office, it will be sooner or later for the film and television industry to regain the favor of capital.

Written by: Li Ying

Author: Li Ying

Edit: lala

No more early mornings being woken up by the car horn, every day of Uncle Quang – a resident of U60 in the coastal city of Vinhomes Ocean Park, begins to feel refreshed and relaxed when enjoying the fun with his partner. “Welcome the dawn by the white sand lake”. “In the past, my husband and I lived right at O ​​Cho Dua (Dong Da), every morning we woke up to all kinds of noisy sounds from car horns, sales pitches, market fairs… When I was young and healthy, I felt bustling and noisy. I still like it like that, but when I’m old, I want quiet. Since the day she moved here, every morning she wakes up comfortably after a good night’s sleep. The couple went for a walk on the sand, just welcomed the new day, while exercising and working out.” – Uncle Quang excitedly shared. Vinhomes Ocean Park with 24.5ha wide white sand pearl lake and the largest artificial saltwater lake in Vietnam, provides a relaxing space to relax and improve health for the elderly. Not only enjoying a romantic moment with his partner like when he was young, every afternoon when Uncle Quang and his neighbors from the same age group found “the joy of farming” in the middle of the bustling metropolis when they let go of a fishing rod. fish on the green freshwater lake of 24.5 hectares. “I thought this life of “growing vegetables and fish” could only be found in the countryside, but now even in a comfortable city, you can still enjoy this poetic pleasure. Every afternoon, he spends about an hour fishing with his neighbor friends, one day after fishing, he goes to the resort to play a couple of games of chess or sip a cup of tea. My whole life has been rushed, busy with work, now enjoying life like this is enough to be happy.” – Uncle Quang confided. Gather with your children and grandchildren in the middle of a modern urban space Contrary to the concept of having to go to the countryside or go to the suburbs to breathe fresh air, the Vinhomes Ocean Park elderly association can both enjoy the garden in the modern metropolis in Hanoi, and enjoy the joy of living in the city. happy to be close to their children and grandchildren when they have passed 2/3 of their lives. Besides the open green space and the sports and medical facilities that are friendly to the elderly; Vinhomes Ocean Park also owns a complex of “measurement and shoemaking” utilities for the young generation, from school to shopping right at the foot of the house. That is why many multi-generational families have moved here to settle down. Here, the image of grandparents taking their grandchildren to school on green, clean and safe Vinbus lines; Children play at the water playground while grandparents are leisurely walking around the sidewalks next to each other, or families of “three and four great roads” together make a fire in the BBQ park on the sand in the evening. Weekends are no longer strange. Families of “three, four great roads” gather for a picnic together in the weekend BBQ park by the river Before buying an apartment in the same building S1.02 but different floors to live near her son’s family at Vinhomes Ocean Park, the image of Ms. Dieu Yen (67 years old, Hanoi) about retirement life in the “big city”. ” are the days that hang around behind the door that is always closed, day after day without knowing the neighbor’s face. But since officially becoming a resident of “the lake city” in December 2020, Ms. Yen has completely changed her mind. “Since returning to Vinhomes Ocean Park, she feels a full life with double happiness because she can not only have fun with her children and grandchildren, but also experience a life close to nature, health, and integration with friends. coeval. During the day, she goes to the market right down the hall for both families and prepares food. In the afternoon, she walks to pick up the children from school. While letting the children play in the yard, she also played 1, 2 rounds of badminton with the Club” – Yen shared. Green space suitable for the elderly, children and the world of utilities right at the foot of the house at Vinhomes Ocean Park has conquered many multi-generational families. A full life in the late afternoon is a happy gift that ends the years of life that everyone dreams of when they are old. With full and convenient utility planning, living space to improve health and friendly and civilized community; Vinhomes Ocean Park is the ideal stop to enjoy the old age of the urban retirement association.

UEFA sponsorship Azerbaijan relies on a new strategy

Status: 12.06.2021 12:17 p.m. Azerbaijan’s capital Baku is a venue for the European Football Championship. State-owned oil company SOCAR has been a UEFA sponsor since 2013, but recently it dropped out. It’s part of a new strategy. From Silvia Stöber, tagesschau.de Azerbaijan’s capital, Baku, shows itself from its brilliant side: three group matches and the quarter-finals of the European Football Championship will be played in the national stadium, which was opened in 2015. The state-owned energy company SOCAR signed on as a sponsor eight years ago for 90 million euros. However, its logo has recently been missing from the UEFA website. When asked by German media such as “11Freunde”, the European Football Association only confirmed the departure of SOCAR. There are several reasons to part with the oil company: The involvement in sport should distract from the human rights violations of the leadership in Baku, which has critics of the authoritarian and corrupt government persecuted and imprisoned – is one charge, another: Propaganda against the enemy neighbor during the war in autumn, with SOCAR mainly sharing tweets from the Azerbaijani leadership.

06/11/2021

New business strategy

However, according to news on Azerbaijani websites, the initiative to break up did not come from UEFA. Accordingly, SOCAR decided to end the sponsorship. At the end of May, the financial news portal fins.az quoted the deputy head of the public relations and event organization department of SOCAR, Ibrahin Ahmedov, saying that the company had changed its business strategy. For those projects that no longer fit, the expenses would be reduced. This also includes the extension of the partnership with UEFA. The press organ “iki sahil” explained that SOCAR decided in 2019 to rethink its old business strategy. With the management consultancy McKinsey, a new one has been developed for the period up to 2035, which takes into account the transformation of the global economy, the fourth industrial revolution and the energy transition.

02/09/2020

Questions about the political benefit

In fact, the question arises how profitable the costly sponsorship as well as the Hosting sports and cultural events for Azerbaijan were. The country has become better known around the world since it hosted the “Eurovision Song Contest” in 2012 and sports events such as Formula 1 in Baku every year since 2016. But sports and cultural events were always associated with reports on authoritarian governance, corruption and the human rights situation. This was ensured by national and international actors from civil society, the media and politics.

06/12/2015

In Azerbaijan, hoped for political support for the forcible recapture of areas under the control of enemy neighbors Armenia was limited to a few countries such as its close ally Turkey. Whose President Recep Tayyip Erdogan will not only use the European Football Championship to play in the group game between Turkey and Wales in Baku. He will also be in that during the war in autumn conquered city of Shusha travel.

analysis 01/10/2020

Heralded the post-oil era

Apart from that, SOCAR’s withdrawal from sponsorship shows the adaptability of the leadership around President Ilham Aliyev, who succeeded his father Gaidar in office in 2003. The often underestimated president succeeded in asserting himself against competitors and old power structures. To this end, he appointed his wife Mehriban Aliyeva as his deputy in 2017. She comes from a business family from Baku that has a corporate empire with Pasha Holding, but is considered more modern than the conventional oligarchs.

March 13, 2021

Modernization was the Aliyev’s response to severe crises that befell the country from 2014 onwards. At that time, oil prices fell massively for the first time. Azerbaijan experienced the first recession since 1995, the central bank had to devalue the national currency sharply. Despite the repression, the population’s displeasure over falling incomes was expressed in protests. In previous years, experts had warned of the dry up of energy sources on land. Extracting oil and gas from the Caspian Sea is more complex and expensive. At the World Economic Forum in Davos in 2018, Aliyev said: “When we saw a significant drop in oil prices, I said the post-oil era had already begun for us in Azerbaijan. We should forget about oil and gas.” He made the diversification of the economy the main objective. The main sources of income should be innovative technologies, entrepreneurship and agriculture.

Digital and green technologies

In fact, Aliyev filled senior posts with young technocrats. you de-bureaucratised and digitized the administration – to the delight of the citizens, who can now receive services from the state without bribery. Foreign companies should be able to invest more easily in special economic zones.

04/11/2018

Aliyev drew up ambitious plans for the areas recaptured during the war with the use and development of digital and green technologies. The British company Chapman Taylor received the contract for the town planning from Schuscha, who had previously carried out construction projects for Pasha Holding. Turkish companies, some with ties to Erdogan, take on infrastructure and mining projects.

Elite corruption remains

Experts and journalists point out that these contracts were awarded without tenders and transparency. This gives rise to the assumption that the fight against corruption is intended to spare the elite sector who want to develop sources of income apart from oil and gas with new branches of the economy. The fact that Azerbaijan is undergoing modernization, but not democratization, is also supported by the result of the parliamentary elections in 2020. To the disappointment of many of the younger generation, mostly old cadre members remained. Many new candidates from the ruling party were also not considered. The leadership used the strict restrictions at times during the corona pandemic to crack down on government critics. It remains to be seen whether the Azerbaijani leadership will withdraw from sponsorship entirely and whether other states with a similar background will also reconsider their commitment. For associations like UEFA, the question would then arise of how expensive events can be financed in the future.

02/11/2020

When the sales of developers such as China Merchants Shekou, China Shipping, Poly, and China Resources, which are also central enterprises, have reached hundreds of billions in sales, CCCC Real Estate’s 100 billion progress bar has just passed halfway.

In 2020, under the leadership of then President Li Yongqian, CCCC Real Estate achieved contracted sales of 53.3 billion yuan, fulfilling its sales target for that year. Due to the desire for scale, CCCC Real Estate will be quite aggressive in 2020. The company added 30 new land in the whole year, twice the amount in 2019, and its floor space has increased by 176.90% year-on-year to 6,355,900 square meters.

After a brief victory, the plight of CCCC Real Estate became more and more obvious. Even if the scale exceeds 50 billion yuan, the company’s profitability continues to fall, and the debt indicator has stepped on two red lines in a row. How to balance the scale and debt has become a difficult problem for CCCC Real Estate.

Three delays in accounts payable

After the transfer of assets to return funds, borrowing from the parent company’s real estate group, and the transfer of surplus funds from affiliated companies, CCCC Real Estate has launched a new round of financing measures.

On June 14, CCCC Real Estate disclosed that the company plans to carry out non-standard supply chain financial asset securitization business with Ping An Wealth Management and Centennial Asset Management, with a total financing of no more than 3 billion yuan, mainly for payment of the project company’s accounts payable .

CCCC Real Estate said that this non-standard supply chain financial asset securitization business can extend the payment period of the company’s accounts payable, effectively alleviate the company’s short-term cash flow pressure, and optimize the liability structure.

This is not the first time that CCCC Real Estate has adopted this method to extend the payment time of accounts payable.

On January 14, CCCC Real Estate announced that in order to speed up capital turnover and increase capital utilization, the company and its subsidiaries intend to cooperate with the Bank of East Asia in refactoring business. The latter will provide CCCC Real Estate with a total of 400 million yuan. The re-factoring limit, the subject of the transaction is the accounts payable of the subsidiary of CCCC Real Estate, that is, the accounts receivable of the corresponding supplier.

The specific business content is that the supplier transfers the accounts receivable to the factor. The Bank of East Asia agrees to accept the transfer of the accounts receivable from the factor after confirming that the accounts receivable meets the agreed conditions, and the Bank of East Asia will guarantee the transfer of the accounts receivable. The manager provides non-recourse re-factoring services, and CCCC Real Estate acts as the co-payer of its subsidiaries.

Guan Rongxue, an analyst at the Zhuge Housing Data Research Center, told reporters that the cooperation between real estate companies and insurance companies to carry out non-standard supply chain financial asset securitization business is one of the ways that companies often use to ease short-term cash flow pressure. But the same operation three times in a row in six months can’t help but make people question, is the short-term cash flow of CCCC Real Estate already so tight?

According to data, as of the end of 2020, the amount of CCCC Real Estate’s accounts payable was 8.961 billion yuan, an increase of 48.45% from the 6.036 billion yuan in 2019, all of which must be paid within one year.

The “International Finance News” reporter noted that the substantial increase in the accounts payable of CCCC Real Estate that year was mainly due to the increase in land payables. In 2020, CCCC Real Estate added 2.577 billion yuan in land payables, and the company did not have such expenditures in 2019.

In the same year, CCCC Real Estate’s short-term loans amounted to 2.239 billion yuan, and non-current liabilities due within one year were about 5.819 billion yuan. If the accounts payable of 8.961 billion yuan are included, the company’s short-term debt level reaches 17.019 billion yuan, and the corresponding monetary capital in the same period is only 11.534 billion yuan, which is obviously out of balance.

From this point of view, it is understandable that CCCC Real Estate has extended the payment time of accounts payable many times.

Dilemma

But it is obviously not enough to relieve financial pressure in this way.

On June 14, CCCC Real Estate also disclosed an announcement on providing counter-guarantees to related parties for the issuance of corporate bonds. According to the announcement, CCCC Real Estate intends to publicly issue corporate bonds of no more than 1.2 billion yuan. The controlling shareholder of the real estate group will provide joint liability guarantee guarantee, and CCCC Real Estate will provide counter-guarantee for it.

After several rounds of financing, it is not clear how much breathing space China Communications Land has to compete for. However, from the current situation, reducing debt is quite important for the company.

According to data from the Shell Research Institute, in 2020, CCCC Real Estate’s debt-to-asset ratio after excluding advance receipts is 83.4%, exceeding the 70% red line; the net debt ratio is 296.4%, an increase of approximately 146.2 percentage points year-on-year; the cash short-term debt ratio is 1.43 , Step on two lines.

According to the “three red lines” financing rules, real estate companies that stepped on the two “red lines” will be classified as “orange files”, and the annual growth rate of the scale of corporate interest-bearing liabilities shall not exceed 5%. Therefore, if the debt level is not optimized, the already weak CCCC Real Estate will be restricted in financing, and it will be more difficult for the company to move closer in scale.

Guan Rongxue told reporters that the current dilemma of CCCC Real Estate is that, on the one hand, the company is inefficient in the process of resource integration, and on the other hand, it is because the company pursues large-scale acquisition of mergers and acquisitions projects and large-scale expansion of land reserves.

According to Guan Rongxue, although the development of non-standard business has extended the debt period, CCCC Real Estate’s long-term cash flow pressure still exists.

As of the first quarter of 2021, CCCC Real Estate’s short-term borrowings have fallen to 890 million yuan, but the bills payable in the same period has increased by 57.523% compared with 2020 to 37.054 million yuan, and long-term borrowings have increased by 43.5% compared with 2020 to 35.678 billion yuan. Bonds have also increased from 5.011 billion yuan in 2020 to 8.144 billion yuan.

In addition, due to the increase in short-term loans payable to shareholders, other payables of CCCC Real Estate also increased by 217.93% from 2020 to 6.93 billion yuan. With the continuous support of the parent company, the amount of this part of the funds may remain high in the short term.

Under the high pressure of debt, CCCC Real Estate continues to provide guarantees for its holding subsidiaries and shareholding companies. As of May 31, the balance of guarantees between its holding subsidiaries and holding subsidiaries was 12.357 billion yuan, accounting for 403.64% of the net assets attributable to the parent at the end of 2020; the balance of guarantees for participating companies that were not in the scope of the consolidated statement was 2.107 billion yuan , Accounting for 68.82% of the parent’s net assets at the end of 2020.

Internet capital’s routines have always been based on low prices or even free of charge. The widely-familiar online car-hailing and takeaway industries are all like this. They enclose land at low prices. After they have a monopoly market share, they have increased their prices significantly. Now the price of online car-hailing It is already more expensive than taxis, and the takeaway industry has forced catering businesses to go nowhere, leading to the consequences of bad money driving out good money. A considerable proportion of takeaways directly turn factory-supplied food bags into fast food boxes.

After the capital has gradually harvested many industries, now it has begun to target the last outlet of the middle-aged and elderly-the vegetable vendor. The routine is still so familiar, and it grabs the market at a low price, with the intention of killing the vegetable vendor and waits for the vegetable market. All were forced to close and then raise prices drastically, and this process is still in progress.

For public services such as the power grid, there have been similar cases at home and abroad where capital seized the market and then maliciously increased prices. In the 1990s, Britain promoted privatization and the British gas company was privatized. After the privatization, the British gas company increased its expenses year after year. As a result, the British could not consume fuel. In desperation, they could not turn on the heating in the cold. Cold Bird”.

In the domestic market, foreign capital structures such as Veolia and Suez have successively acquired water supply networks in more than 10 cities. Before the acquisition, they painted a beautiful picture. However, after the acquisition, they did not invest heavily in improving the water supply network. Prices have been raised year after year. In 2014, many cities across the country had odor incidents of tap water, and almost all of the water supply networks in these cities were acquired by foreign capital, which made people rethink the pros and cons of privatizing public services.

Today’s charging services that capital intends to intervene will undoubtedly be similar to previous capital stories. They try to seize the market at low prices or even for free. After occupying the market, they will inevitably increase prices. After all, the ultimate goal of capital is to obtain huge profits. .

However, this time the capital is facing the giant State Grid. State Grid has built the largest charging network in the country, comparable to Sinopec and PetroChina in the era of fuel vehicles. State Grid can quickly build a huge charging network and its own National Grid. It is inseparable as a solid foundation, and this has become its confidence.

As the State Grid has issued a warning to some charging operators, it cannot be ruled out that it will take other measures in the future. After all, with the State Grid as the foundation and power resources in its hands, these vicious competitors will face penalties at any time.

The author supports State Grid’s punishment of these vicious competitors, because it has repeatedly proved that private capital has no bottom line for profit after monopolizing an industry, and State Grid, as a non-private entity, is better able to ensure service quality due to more supervision. And provide reasonable prices.

Internet capital has received a lot of praise for a long time, but as they have achieved monopoly status in multiple industries, the people are disgusted by the people. All parties are becoming more familiar with the behavior of these capitals. There are just a few routines back and forth. I don’t believe in the beautiful vision they portray, but I believe that the ultimate purpose of capital is to make money.

Like how he surprised, this press conference was no exception. Accordingly, from June 14, many people “fall back” when they received the notice of the CEO of this tens of billions of dollars in the status line on their personal Facebook: “Press conference will be held tomorrow Tuesday, June 15, 2021 on YouTube broadcast at 9:00 AM – 11:30 AM “. Mr. Nguyen Vu Quoc Anh, General Director of Auto Investment Group in an online “press conference”. The CEO’s online “press conference” attracted hundreds of views at the same time with the same number of comments. Most of them are people out of curiosity, want to see how. The content of the comments were all encapsulated in the advice of Nguyen Vu Quoc Anh “to be confused, less explosive, less delusional”. Some people also think that the CEO of Auto Investment Group is “crazy” when holding a press conference but only monologues with the computer. At the beginning of the story, Nguyen Vu Quoc Anh shared the company’s “great” ambition with the desire to digitally transform businesses and state agencies as well as individual business households; oriented to become a technology corporation representing Vietnam to the world to compete with other illustrious corporations to bring foreign currency to Vietnam. “This year’s revenue is expected to be about 10,000 billion from July to December. Since we have not been able to promote the markets of India, the US and China, I have not been able to open it yet, at the end of this June I will open the markets. this to bring in revenue for our market.Of course people think the number is huge but to me it is nothing. In 2022, I have to bring in 1 billion USD, don’t say our corporation is a startup, I am not a statup, if you think I am a startup, you are wrong. We go 500 times faster than the startup, next year’s revenue of 1 billion USD is not big for me, only approximately 25,000 billion VND. By 2023 – 2025 trying to bring in 30 billion USD, this number is formidable. We will cover 250 countries… In 2025-2027, the revenue is 50 billion USD, this number is really not small but also not big with our vision. In 2025, we will build a financial business center and automatic replication in Vietnam, if it is favorable, we will build 17 buildings representing 17 of our companies. Investment capital is about 30 billion USD, I said I will make it. CEO Auto Investment Group promises. The online “press conference” of the “big CEO” attracted hundreds of views at the same time with the same number of comments. With these huge numbers, it seems that everyone will pay special attention, but most followers just want to know how much money Anh’s huge corporation has “stored” in the account. However, his answer was once again shocking: “I have a lot of gray matter, I don’t have money right now, but if I have gray matter, I will have it all” . To make the argument convincing, Mr. Nguyen Vu Quoc Anh mentioned potential investment sources that can be easily mobilized: “Please Mr. Hai, Mr. Ba, Mr. Tu, Mr. Nam (big businesses in Vietnam) to support his brother, each person contributing a few billion dollars to the youngest brother is also an ok number… I want you alone. youngest brother, I wish my parents were the State. My brother and I are the big men of Vietnam who have the support of the youngest, of course we go out and play with them. It’s as simple as that.” For more than 1 hour “hosting the online press conference”, the information “remains” in the followers that this is an 8X CEO with “superior talent”. Because, through the information shared, it can be confirmed that at the moment, Nguyen Vu Quoc Anh does not have much. According to the research of PV VTC News, the Global Auto Technology Investment Group Joint Stock Company has its head office located on the 46th floor, Bitexco Financial Tower building (2 Hai Trieu Street, Ben Nghe, District 1, Ho Chi Minh City). .HCM). This company has 3 founding shareholders, in which Mr. Nguyen Vu Quoc Anh contributed VND 499,998 billion and 2 other individuals contributed VND 1 billion each, Nguyen Thi Diem Hang and Luu Huu Thien. The comments are all encapsulated in the advice of Nguyen Vu Quoc Anh to “be less confused, less explosive, less delusional”. Immediately after the announcement, this information immediately attracted the attention of many people. Because with the above charter capital, this enterprise is far ahead of the leading economic groups in Vietnam at the moment. However, according to the actual research of PV VTC News, the office address on the 46th floor, Bitexco Financial Tower building that Mr. Nguyen Vu Quoc Anh registered the company’s headquarters in is a virtual office. This office is currently operated by Compass Office (an enterprise specializing in providing virtual and serviced office rental services). Currently, the group’s only location is the private house of the CEO of 8X himself, an old grade 4 house on 3rd Street (Neighborhood 2, Phuoc Binh Ward, Thu Duc City, Ho Chi Minh City).

Private wealth at a record high Especially the super-rich get richer

Status: 10.06.2021 8:34 a.m.

Never before have people worldwide amassed so much private wealth as in the Corona year 2020. The wealth of Germans alone climbed – thanks to savings and real estate – to almost 20 trillion dollars. 20,000,000,000,000 dollars – this is the impressive sum of private wealth that private households in Germany had at their disposal in 2020. This emerges from the new “Global Wealth Report” by the Boston Consulting Group (BCG).

Better real estate than stocks

The Germans were helped by their much-cited propensity to save: financial assets, including cash, account balances, stocks, pensions and life insurance, grew by around six percent to around nine trillion dollars, according to the information. Investors in Germany saved above average, emphasized Anna Zakrzewski, BCG partner and author of the study. “Traditionally, Germans prefer to invest in real estate rather than in securities, as the real value quota of almost 60 percent clearly shows,” says the BCG expert. In the crisis year 2020, the real assets of Germans, i.e. real estate, jewelry, art and gold, increased by five percent to 13 trillion dollars. After deducting debts, private households in Germany had a total of just under $ 20 trillion.

Rising stock market prices, growing savings

The developments in Germany are a reflection of a global trend: people around the globe accumulated more wealth than ever in the year of the Corona crisis. Private financial assets rose year-on-year by a good eight percent to a record $ 250 trillion. Rising stock exchange prices and growing savings contributed to this. The BCG experts were surprised, as they expected a year ago that private assets would melt as a result of the corona pandemic. For the first time in 2020, the BCG experts will also consider property such as real estate or gold. Total assets minus debt was $ 431 trillion.

2900 super-rich in Germany

However, wealth is unevenly distributed. Above all, the club of the rich and super-rich grew strongly. The super rich – these are people with a net worth of more than $ 100 million. In the crisis year 2020, 6000 more people were accepted into the club of the super-rich, the number of members grew to 60,000. According to the BCG, these 60,000 people own 15 percent of the world’s investable wealth. In Germany alone there are 2,900 super-rich. This puts the Federal Republic of Germany in third place in the global ranking. The USA is at the top, followed by China.

Getting richer?

Against the background of the expected economic recovery after the Corona crisis, BCG expects steady growth in global private wealth for the coming years. By 2025, it should grow by an average of just under five percent annually to $ 544 trillion. Global inequalities are likely to increase further: According to the BCG forecast, people in North America, Asia excluding Japan and Western Europe in particular will get richer.

This lotus lagoon is located about 14 km from the center of Hanoi. Coming here, visitors will be surprised to see hundreds of types of lotus flowers and water lilies blooming… Located at lane 234 Ngo Xuan Quang, Trau Quy town, Gia Lam district, this is the Center for experiment, research and development of lotus genetic resources managed by Mr. La Tien Hiep (pictured). Center under the Vietnam Academy of Agriculture. The center was established for the purpose of researching, conserving, breeding, and developing lotus varieties in Vietnam and around the world, and developing the Vietnamese lotus brand. (Photo: Trung Hieu) The lotus pond is about 7.7 hectares wide, which is the place where the most lotus species are grown in Vietnam today, said Hiep, who has many years of lotus research. Here, we are researching and breeding new varieties of lotus that have many advantages such as keeping the fragrance longer, having a variety of rich colors, and being able to grow in harsh weather conditions in the North. (Photo: Trung Hieu) This is also a place for everyone, from the people to the students of the Agricultural Academy, to visit and learn about different types of lotus… (Photo: Trung Hieu) La Tien Hiep said, the Center was established in June 2019. After 2 years of development, the Center currently has 167 species of lotus. (Photo: Trung Hieu) Here are planting and conserving precious lotus species of Vietnam and the world, from famous lotus varieties of localities in the country such as Hue, Dong Thap, Cu Chi… to lotus species from China and some countries. Asia, Australia… (Photo: Trung Hieu) The center provides to the market 8 species of lotus such as blood lotus, white lotus, white rose bordered … with thousands of flowers sold every day to serve the needs of people to play flowers, arrange flowers, enjoy lotus tea of ​​people. People in the capital – Mr. Hiep said. (Photo: Trung Hieu) The lotus pond is open to visitors to visit and learn about lotus. Many people in the capital come here to see and take pictures at the lotus pond at the weekend. However, at this time, visitors must ensure the 5K request from the Ministry of Health to be allowed to visit and take photos. (Photo: Trung Hieu) Because the lotus dress is wide and airy, ensuring a good distance, women can comfortably relax and pose on the lotus side. (Photo: Trung Hieu) Hanoi in the early summer days of June is hot, but when coming here, dropping into the vast space of lotus ponds will make visitors excited. (Photo: Trung Hieu) A female tourist is passionately enjoying the pure scent of white lotus. (Photo: Trung Hieu) Ms. Nguyen Thi Thu Huong from Ha Dong, Hanoi said that the lotus pond left her with many beautiful memories… (Photo: Trung Hieu)

The floating beams surrounded by greenery are immortal Throughout the ages, there has been an endless stream of people who have visited Fuliang City. The words of praise are hidden in popular poems Jingdezhen has always been known as the “Porcelain Capital”, and Fuliang County, located at the junction of Jiangxi and Anhui provinces in the northeast of Jiangxi Province, is the largest district in Jingdezhen. It is not only the famous “source of porcelain”, but also The little-known “Fuliang Tea City”. The famous verse that made Fuliang tea master famous in our childhood textbooks, Bai Juyi’s “Pipa Xing”, “Businessmen value profit rather than parting, and Fuliang went to buy tea the previous month.” A short sentence to buy tea in Fuliang shows the status of Fuliang tea at that time. Today, it is the first time for me to come to Jingdezhen. I am not looking for the blue and white porcelain, but only to explore the pleasant fragrance of Fuliang tea. Drive about an hour from Fuliang County to the “Shizi Garden”. After the new rain, a green tea field spread out in front of my eyes. The tea fields of Shiziyuan occupy the right time and place of the Fuliang Mountain; the vegetation there is vast, warm and humid, the soil layer is deep, the rainfall is abundant, cloudy and foggy; “Sundays and evenings on a sunny day, fog everywhere, cloudy and rainy, full of clouds” is Shiziyuan’s. Beauty and portrayal. In the early summer of May, Shi Ziyuan exudes a faint fragrance of spring tea. When the drone soared freely in the sky, I saw the beauty away from the hustle and bustle of the city, and also felt the romantic poem brought by Fuliang Chunming: “Tea ridges lie outside the sky, and peaks and mountains pass between the sea and clouds.” If you want to understand the past and present of Fuliang, one place you must visit is “Yaoli Ancient Town”. The ancient name of Yaoli is “Yaoli”, as far back as the middle of the Tang Dynasty, where there were handicraft workshops producing ceramics, named after the famous porcelain kiln. It wasn’t until the beginning of this century that the porcelain kiln moved out, and “Yaoli” was renamed Yaoli. Ming and Qing Ancient Street Water Pavilion Tower Bluestone Road Wooden Suspension Bridge Naughty child Green hills, green water, white wall and black tiles Also far away and live Also beautiful and also through Choose a cool breeze in the afternoon, walk slowly in the Huizhou-style building with white walls and blue tiles, slowly appreciate and taste the lush greenery of the years and the passage of time. In Yaoli Ancient Town, you can see the villagers take their dried bamboo shoots to dry in the sun, and you can also see the old people sitting in twos and threes on the bamboo chairs to bask in the sun. The dense life scenes make people want to stay. The new tea picked by the villagers in the ancient town is also favored by tourists. Red pepper, dried potato, dried small fish, and fermented bean curd can be used as your meal, or you can take it home as authentic local souvenirs. “Mother River” Yao River, clear and soothing, gurgling across the town from east to west, bringing poetry-like pastoral scenery to the small ancient town. Because of the agility of the Yao River, the town is more peaceful, and tourists also like to walk on the small wooden bridge over the river, staggeringly stepping on the beat to explore the past of the ancient town. Sitting on the wooden bridge, taking a stretched photo, the green hills are majestic, the trees are verdant, and a colorful ink painting is spread out like this. The ancient buildings in Yaoli are mostly old houses from the Ming and Qing dynasties, scattered on both sides of the Yao River. The old-fashioned bricks and tiles, mottled walls, classical windows, and angled eaves all tell history. I like this ancient town of Yaoli. There are no fully commercialized Xiaoqiaoliu Shui people’s homes. The villagers in the ancient town still retain their houses and previous lifestyles. For them, it seems that time has stagnated, as if everything is the same as before. . Also belonging to the Yaoli Scenic Area, there is also a “Rainan Ancient Kiln Civilization Site”. Around the south, a very inconspicuous mountain village once led Jingdezhen ceramics to another brilliance. As far back as the middle of the Tang Dynasty, Yaoli had handcrafted workshops for the production of ceramics, especially glazed fruit. During the heyday of porcelain making, there were more than 100 porcelain kilns, more than 200 ceramic workshops, and more than 300 water tanks. During the Song, Yuan and Ming Dynasties, the Yaoli porcelain industry was pushed to its peak and became one of the three ancient kiln areas in Jingdezhen. Now go to the ancient civilization site of the ancient kiln in Raonan, you can see the oldest glazed fruit hand workshop, ceramic hand workshop, and now there are workers in it to restore the scene of the year. Along a serene path with a winding path, there is the No. 1 Long Kiln site. This is a sloped dragon kiln built in the Southern Song Dynasty. It is built on the mountain and has a total length of 19.2 meters. It is divided into three parts: a fire chamber, a kiln bed and a smoke outlet. It is paved with crushed stones and is well preserved. Visitors to and from the kiln must always observe carefully and look up at this large kiln with a slope. Flying the drone, overlooking the long No. 1 Dragon Kiln from a high altitude, it is like a gray “grey dragon” embedded in the green water and green mountains, winding and talking. In the distance, there is the No. 2 Long Kiln site. It is one of the oldest porcelain kilns discovered in Yaoli. The No. 3 Long Kiln site is the oldest and most well-preserved dragon kiln discovered to date. Why did the small Raonanshan Village become the exclusive land of dragon kilns for several generations in the Song, Yuan, Ming and Qing Dynasties? The answer is the same as Fuliang tea. There are abundant china clay resources, sufficient water resources, and sufficient fuel resources, which are all indispensable natural conditions for making porcelain. Leaving the ancient kiln civilization ruins in Raonan, the car traveled between the green hills of Fuliang in northern Jiangxi. What you breathe is the taste of negative oxygen ions. The source of high-grade Fuliang black tea is hidden in these green primitive wild tea forests; Wanghu Ancient Tea Garden is also in this forest and mountains. After the Fuliang black tea is brewed, the tea soup is red and strong, the aroma is fresh, the fragrance is long-lasting, and there is an obvious sweet fragrance, sometimes with the fragrance of roses. The unique fragrance of floating red is also called “Qimenxiang”. Gongfu black tea produced in Fuliang County won the gold medal of the “Panama World Expo”. Since then, Fuliang Gongfu black tea, together with Sri Lanka’s highland tea and India’s Darjeeling tea, has been included in the world’s top three high-flavor teas. Fuliang County has many mountains above 500 meters above sea level. The red soil and yellow soil in the area have high organic content, rich water, heat, and biological resources. The mountain forests grow luxuriantly, the forest coverage rate is high, and tea gardens are scattered on the slopes and hills. The unique natural conditions not only make Fuliang black tea famous overseas, but also the “Fuyao Xianzhi” and “Yaoli Yayu” Fuliang green tea, which is also a high-quality high-quality mountain tea. When I left Fuliang County, I brought a few boxes of Fuliang tea back to Shanghai, hoping to keep the fragrance of Fuliang tea lingering on my lips and in my heart.

Laos injects three vaccines, Pfizer, AstraZeneca and Sinopharm, free of charge to the people. On June 15, Laos started a new round of free vaccinations for people to reach the goal of 50% of the population being vaccinated against Covid-19. Vaccination in Laos has slowed down for a while because the country has to balance both the amount of vaccine received as well as the increasing demand for vaccination of the people after the second round of Covid-19 outbreak in Laos. Laos in mid-April. The latest batch of vaccines that Laos received was on the afternoon of June 14, with the help of China with the amount of 500,000 doses of Sinopharm vaccine that arrived in Vientiane through Wattay international airport. This is the fifth time China has donated vaccines to Laos, bringing the total number of Covid-19 vaccines that Laos has received from China to 1,902 million doses. As of the afternoon of June 14, Laos had received 2,135,620 doses of Covid-19 vaccine from countries and international organizations, the first dose was given to 713,709 cases, the second injection was given to 394,679 cases. well suited. According to the Lao Ministry of Health, the country has started a new round of vaccination with specific regulations for different vaccines that Laos receives aid from countries and international organizations. Accordingly, from today, starting the first dose of Pfizer vaccine in Vientiane, this is the number of vaccines Laos received by COVAX on June 2 with the amount of 100,620 doses. This vaccine can only be administered in Vientiane because the Pfizer vaccine is the type that needs to be stored in special equipment. Subjects include three subjects who are over 60 years old, people with underlying medical conditions, and officials and civil servants with a high-risk working environment for Covid-19. In addition, starting today, Laos also deployed the first dose of Sinopharm vaccine after receiving another 500 thousand doses from China; Administer the second dose of AstraZeneca vaccine to subjects who received the first dose. The latest information on June 15 published by the National Task Force for the control and settlement of the Covid-19 epidemic in Laos said that on June 14, Laos tested 2,025 cases, the results detected 15 positive cases. There are six cases of community transmission (in Vientiane Capital) and nine imported cases from Thailand (Champasak province and Savannakhet province). On June 14, there were 1,935 cases of entry into Laos, all cases entering Laos were checked for body temperature, taken samples for testing and isolated according to regulations (except for freight drivers). Since January 2020, Laos has tested 274,907 cases, detected 2,025 positive cases for SARS-CoV-2 virus (three cases have died). To date, 1,905 cases have been discharged, 117 cases are continuing to be treated. Currently, across Laos, there are 4,224 cases in isolation at 51 centers according to regulations. All cases in isolation centers have been sampled for Covid-19 testing.

With such an enviable tone and such unabashed praise, what kind of charm does this once majestic city have? He publishes the picture, Luo publishes the book. An ancient city, an epic. A Luoyang city, half of Chinese history. The charm of this is too much to be exhausted. But the warm and elegant atmosphere of spiritual life, the first thing that came to my mind was the picture of literati and ink guest chanting poetry and drinking in the peony garden. If you go to Luoyang in spring, if you don’t take a look at Peony, you will lose a taste of the ancient capital. “Luoyang is the most suitable flower, and the peony is especially wonderful in the world.” Its cultivation began in the Sui Dynasty, flourished in the Tang Dynasty, and was in the world in the Song Dynasty. The wealthy peony in the Wangcheng Park impressed me deeply. Although the flowering period of Luoyang peony has passed, the stunning and floral fragrance still lingers in the memory. How beautiful is peony? The sentence “Only the true national color of peony, the capital will move when the flowers bloom” has been passed down through the ages, and the sentence “The flowers bloom and fall on the 20th, the people in a city are crazy” are still unforgettable. Luoyang is an ancient city. It has a history of at least 3,000 years from the Western Zhou Dynasty and Chengzhou City. It is one of the most important historical ancient capitals in the Chinese civilization. Its peony cultivation originated in Heluo and has a history of more than 1600 years. Luoyang, as one of the peony cultivation centers, had systematic flower planting skills as early as the Tang and Song Dynasties, forming the custom of viewing flowers and poems, paintings and calligraphy, legends, costumes, etc. related to peony, which derived Luoyang peony culture and flower viewing. The wind prevailed for a while. Today, the annual Luoyang Peony Fair is still a crowd of flowers, competing to see the beauty of the peony. When I walked into the Luoyang Wangcheng Park today, the history goes back a thousand years, and I seem to be walking in the ancient city of the Eastern Zhou Dynasty. But today, I don’t want to be immersed in the river of history, because I am in the peony garden. Wangcheng Park is named after being built on the site of the ancient city of the Eastern Zhou Dynasty. It is the first relic park in China and one of the main venues of the previous peony fairs in Luoyang, covering an area of ​​1,080 acres. When I traveled to Luoyang in late April this year, although some Luoyang netizens said that “the flowers in the urban area are basically defeated”, it seems that “the flower time is difficult to stay for a long time. “Nothing to buy” with emotion. But with the thick soil of five thousand years and the fragrance of flowers in thirteen dynasties, I was fortunate enough to have seen the Luoyang peony, which is known as the “best in the world”. National color peony, ten thousand flowers in one crystal. There are more than 840 peony varieties and more than 100,000 trees in Wangcheng Park. It is divided into three flower viewing areas (Luoyang Peony Garden, Purple Spot Peony Garden, and Fine Peony Garden). Black, pink, red, purple, white, blue, green, and multi-color peonies compete with each other, attracting countless tourists. Although I have never seen black, blue, and multi-color peonies, the colors of pink, green, purple, and white are still awe-inspiring. The shutter of the camera cannot be stopped when I press it. It was the first time to appreciate peony in Luoyang, and the feeling of being in the ancient capital deepened my feelings for peony. When the tourists beside them couldn’t help but exclaimed, the peonies in the green leaves were still so graceful, luxurious, rich and dignified, and they were not bothered by the hustle and bustle at all. It is said that in the Tang Dynasty, peony flowers bloomed, and the whole city rushed out to admire it. The literati and inexperiencers also like to chant peony, and do not hesitate to praise it with beautiful words. Among them, Liu Yuxi’s “Appreciation of Peony” is the most well-known. Thousand-year imperial capital, Peony Flower City. Today Luoyang is not only a thousand-year-old ancient capital standing majestically between Mount Mang and Yique, but also an ordinary and tranquil city. The prosperous chapters of the Han, Wei, Tang and Song Dynasties still have traces to follow. In the past, the poems were the chants of poets. Among the crowds, low eyebrows looked for their feet, raised their foreheads to look at the sky, and looked back at the long river. As the saying goes: “Mountains and rivers encircle Kyushu. The deep valleys are a few mausoleums. For thousands of years, the city of Luoyang will flourish.” There is also a zoo in the Wangcheng Park. It is the zoo with the most South China tigers in China and the number one in the world. It is the largest comprehensive park in Henan Province.

ODA capital has made an important contribution to infrastructure investment, promoting socio-economic development. Thus, localities will also be easier to apply and foreign organizations will also find it more convenient to carry out procedures for central and local governments. Reporter: The Ministry of Finance is soliciting public comments on the draft circular guiding the state financial management of foreign non-refundable aid as part of state budget revenue. From some facts about receiving foreign aid from the localities where Oxfam has provided aid, do you have any comments on the development of this circular? Mr. Pham Quang Tu: Faced with the fact that many localities are still confused in guiding the implementation of legal documents related to the receipt of foreign aid, I highly appreciate the fact that the Ministry of Finance has actively developed this circular to guide guidelines on financial management of foreign aid under the state budget in three different decrees, namely Decree 56 on ODA aid, Decree 80 on non-ODA aid and Decree 50 on emergency relief and disaster recovery. Mr. Pham Quang Tu An example in the implementation of Oxfam’s projects is the flood emergency relief program in Central 2020. The understanding and application of this fund by local governments are different. For Quang Tri and Quang Nam provinces, they immediately identified Oxfam’s support capital under the implementation guidelines of Decree 50. While Ha Tinh and Quang Binh have concerns about applying Decree 80 or Decree 50. From that example, it can be seen that, the same source of foreign funding, whether it is from the state budget or not from the budget, but with different sources being adjusted under different regulations, localities have different interpretations. , so there is confusion in how to apply the appropriate regulations, leading to many aid sources not being implemented in a timely and rapid manner compared to needs. If this situation continues, it may lead to us not being able to take full advantage of foreign aid sources, causing donors to move to another locality or to another country, which is a pity. Therefore, when the Ministry of Finance issues a common guideline for all 3 Decrees for sources under state budget management, it will create a synchronism as well as make it easy to understand for aid-receiving organizations. A good idea, worth noting. I hope that the guidance of this circular will help local governments better understand how to approve and implement projects to avoid overlap. Reporter: This new draft circular has specific regulations on the construction of foreign aid capital estimates. What is your view on this matter? Mr. Pham Quang Tu: In my opinion, the construction of an estimate is common and necessary when following a general financial management process, including: estimation, expenditure, and finalization, but it is necessary to calculate which type is appropriate. The draft circular contains provisions on annual, 3-year and 5-year financial planning for foreign aid sources under the state budget. However, out of the three sources of ODA, non-ODA aid, and emergency aid, it seems that only ODA can be identified in the long term and thus 5-year financial planning is almost exclusively applicable to this resource. As for the other two types of capital, it will be difficult to make a 5-year plan. Even if there is a plan, the practicality and feasibility are not high, especially for emergency relief according to Decree 50, it is even less planned, because it is only determined when natural disasters occur. Therefore, using a common estimation model for all three types of capital sources will lead to stereotypes, rigidity and impracticability. Figures 3 years and 5 years are only forecasts, so the error in planning for 3 years and 5 years will be more, until implementation will have to be adjusted a lot. Therefore, when implementing, it is necessary to create flexibility in adjusting compared to the plan without having to create too strict requirements, avoiding asking for up, down and approval many times. In my opinion, for investment aid, the planning should be applied on a 3-year, 5-year cycle. As for the source of emergency relief, it should be flexible and should ensure prompt approval so that it can be implemented due to its emergency nature of relief. Reporter: From the perspective of organizations providing foreign aid to Vietnam, what recommendations do you have for this draft decree? Mr. Pham Quang Tu: First of all, as discussed above, I think that planning needs to be more flexible, not rigid, most importantly, it is necessary to focus more on the process of controlling expenses and payment. In addition, in my opinion, Clause 2 of Article 2 should be removed in the draft circular on the subject of application being “agencies in charge of foreign aid programs/projects/non-projects”. The reason is that the governing body is not the one to directly manage and use the aid. For example, if the Department of Agriculture of Province A is the grant holder/project owner, the Provincial People’s Committee is the governing body. In this case, the Provincial People’s Committee is only the competent authority to approve and allow the department to receive this aid, but the funding will be transferred to the account and managed by the Department of Agriculture. With the regulation that the governing body is the subject of the circular, it means that the Provincial People’s Committee must perform all the contents that the project owner, the Department of Agriculture, must do. This is an unrealistic and formal regulation because the Provincial People’s Committee does not manage money but only receives reports from the Department of Agriculture. The Department of Agriculture is a state agency and a legal entity, when directly the project owner will have to take full responsibility and if there are errors in the implementation process, they must be responsible before the law and authorities. on. PV: Thank you sir! Proposing the Government to develop a joint decree “In foreign aid, there are two types: state budget (state budget) and non-state budget. Therefore, to ensure uniformity, we suggest that, through the development of this circular, the Ministry of Finance can summarize and advise and propose the Government to develop a common decree, guiding the entire the process of calling for the receipt, management and use of foreign grants. In that joint decree, it will divide into two branches of budgetary and non-budgetary sources, including all from ODA, non-ODA and emergency relief sources. This will ensure synchronization…”
Mr. Pham Quang Tu – Deputy Country Director of Oxfam in Vietnam

5 months, Bac Ninh granted new investment registration for 52 foreign investment projects Specifically, from the beginning of the year until now, the whole province has granted new investment registration for 23 domestic investment projects with a total investment capital of 8,248,456 billion VND; granting adjusted investment registration for 36 investment projects, including 12 capital adjusted projects with the total adjusted capital increasing by VND 3,442.36 billion; adjusted 1 project for industrial park infrastructure investors with total additional investment capital of 1,180.37 billion VND, equivalent to 51.32 million USD. Accumulated up to now, Bac Ninh province has granted 1,455 valid investment registered projects to domestic investors with a total adjusted investment capital of 210,505.18 billion VND. With foreign investment projects, in the first 5 months of the year, Bac Ninh province has granted 52 new projects with a total registered capital of 320,691 million USD. Adjusted capital for 33 projects, with an increased adjusted capital of USD 43,607 million. Along with that, there were 22 times of capital contribution, share purchase and capital contribution with a value of 9,174 million USD. So far, Bac Ninh province has granted investment registration to 1,663 valid foreign investment projects with the total registered investment capital after adjustment and capital contribution to buy and buy shares, the contributed capital reaching 20,045 ,006 million USD. According to the Ministry of Planning and Investment, Bac Ninh is currently ranked 7th out of 63 provinces and cities nationwide in terms of attracting foreign direct investment. Particularly in May 2021, Bac Ninh province has granted new investment registration for 14 foreign investment projects with a total registered capital of 61,072 million USD.

The city also stops activities of festivals, religious ceremonies, sports tournaments, karaoke, bars, discos, games, the Internet; cinemas, movie centers; spa services, massage, sauna, gym; exercise activities, sports, mass gathering events in public areas, flower gardens, parks until there is a new direction from the City Steering Committee. Along with the recommendation of the Ministry of Health to implement the 5k message, including not to gather in large numbers, limit going out… the people’s anxiety about the disease makes the streets in Hanoi more and more at night, less people. As noted by PV, at places that have always attracted crowds before such as Sword Lake, the square in front of Ly Thai To monument, West Ta Hien street, etc., are empty and quiet when night falls. The main streets before were crowded with traffic such as Pho Hue, Ba Trieu, Quang Trung, Hang Bong, Dinh Tien Hoang… only a few cars passed by, although it was less than 10pm. Due to the fear of the COVID-19 epidemic, which is complicated in the community, many people stay at home instead of going out, making the streets of the Capital quiet. Instead of busy traffic, Kim Lien Tunnel is open, only a few cars are scattered. Hue street is airy before 10pm. Vehicles on the roads are comfortable to move. Hoa Lu Street “hibernates” in the midst of the COVID-19 epidemic season. At intersections and intersections, there are few official vehicles. A coffee shop quickly packed up. Before 10 p.m., the area in front of the Cathedral was dotted with a few people. Hang Bong Street is quieter than Tet. A rare late-night eatery in the downtown area. The area around Shark Ham is bleak amid the COVID-19 epidemic. The shops were closed, making Hang Ngang – Hang Dao dark. The busy and crowded western area of ​​Ta Hien is now “hibernating” amid the COVID-19 epidemic season. The scene seemed like 2-3 am. Many activities and organizations halted to fight the epidemic, making the streets of the capital gloomy. Dinh Tien Hoang Street is deserted. People “comfortably” walk down the roadway.

COVAX-19 mechanism. (Artwork: ABC News) In 2020, the Mechanism of “Global Access to Vaccines Against Covid-19” (COVAX for short) was established to help all countries have the opportunity to have quick, equitable and equal access to vaccines. prevent Covid-19. However, the goals of the above initiative are being “missed” due to lack of capital and selfishness of some developed countries. Launched in 2020, COVAX aims to buy two billion doses of vaccine to distribute to countries supporting the fight against Covid-19 before the end of 2021. However, the above ambitious plan is at risk of bankruptcy when Statistics show that, so far, only 68 million doses of vaccine from COVAX have been delivered, reaching 3.4% of the plan. Meanwhile, by the end of May 2021, there were 1.5 billion doses of Covid-19 vaccine distributed worldwide, but only about 0.3% of them reached countries with low income. low input. World health experts point out that the disappointing results mentioned above are not due to the lack of efforts by the people in charge of the COVAX program of the World Health Organization (WHO), but mainly due to a lack of funding. There is a shortage of vaccine supplies, and rich countries are unwilling to share vaccines with poor countries. COVAX is intended to be a not-for-profit financial attraction structure. Accordingly, rich countries contribute financially to research many different vaccines at the same time to find some effective vaccines, and then provide them for free to 92 low-income countries who cannot afford to buy them. vaccine against Covid-19. For this mechanism to work, there needs to be enough rich countries to invest and commit to receive vaccines through COVAX. However, in reality, this initiative did not receive the necessary funds to support research and purchase the vaccine in the early stages. Even, many rich countries have signed contracts to buy vaccines individually with manufacturers such as Pfizer, Moderna, delaying the implementation of contracts for large-scale production of vaccines in 2021 under the COVAX mechanism. A major problem hindering COVAX’s vaccine supply efforts is the tight supply of vaccines. Part of the reason for this is the serious epidemic situation in India. The main vaccine supplier for COVAX is the Serum Institute of India, which is producing the AstraZeneca vaccine. However, with the outbreak of the disease, the planned supply of vaccine for COVAX had to be diverted to serve India’s domestic demand. WHO and the Global Vaccine Alliance Gavi, representing the organizations initiating the COVAX Mechanism, have just issued a statement stating that an additional $2 billion is needed to increase the coverage of immunization programs to nearly 30 million. %. To secure vaccine delivery this year and early 2022, COVAX needs the above amount before June 2 to close the supply. According to the original target, COVAX is expected to provide two billion doses of vaccine to countries in 2021 and 1.8 billion doses in early 2022. “Financial bottlenecks” are hindering goals and efforts COVAX’s vaccine delivery force. COVAX initiative managers also warn that, if the current emergency shortage of a Covid-19 vaccine is not addressed, “the consequences could be dire.” The above fact shows that COVAX’s “vaccine for everyone” and “leave no country behind” plan are being delayed. This is not only a problem of COVAX founders and managers, but a big global problem. Because, variants of this virus and new waves of epidemics can enter and re-emerge in developed countries at any time. The only way for humanity to win the current pandemic together is for governments and people of countries, especially developed countries, to share difficulties, distribute vaccines appropriately, and join hands to fight Covid-19.

The beautiful small space inside the shop was meticulously and carefully arranged by photographer To Thanh Tan. With a sophisticated artistic taste, the flower shop always makes any customer who comes in to be captivated by the artistic fresh flowers and does not forget to save beautiful photos in the elegant space of a flower shop. fresh European country. Photographer To Thanh Tan, founder of S Florist. S Florist has become a familiar destination for Miss Ngoc Han, Miss Do My Linh, Miss Entrepreneur Vu Thuy Nga, runner-up Huyen My, Ngo Thanh Thanh Tu,… because each product of the shop is always unique. stop innovating and creating every day to be able to satisfy the most demanding customers, especially those with high aesthetic taste. Some pictures at the store. In addition, S Florist also provides a lot of rich, unique and beautiful imported fresh flowers such as Japanese peony sarah, Ecuadorian rose, juliet rose, oraha rose, Dutch tulip… so that customers can freely decorate your house… Flower arranging session at the shop. S Florist also always focuses on creating interesting experiences for customers such as organizing home decor flower arranging classes, assisting customers in choosing and manually completing a handmade fresh flower product with their own mark and dedicated to them. Beautiful check-in photography package at every corner of the shop. With its own unique charm, in a short time, S Florist has become a favorite place of young people to visit to choose high-quality flower products, and to attend courses to exchange and learn. Ask more knowledge about fresh flowers and beautify life.

At this time, lilac shows its most beautiful beauty, blooming on many roads and parks in Moscow, Russia. In particular, the lilac garden near the Izmailovo Souvenir Market attracts a large number of people to visit and relax. Located between Sirenev Avenue and Shchelkovskoye Street, the Lilac garden is considered the most complete convergence of lilac varieties from all gardens and parks in Moscow, Russia. The garden was established in 1954 on the basis of a nursery, on the initiative of the famous breeder Leonid Kolesnikov. During his life, Mr. Leonid Kolesnikov bred about 300 varieties of Lilac, of which about 50 varieties survive to this day. The lilac varieties selected by Mr. Leonid Kolesnikov are internationally registered, including “Galina Ulanova” grown in the park of Buckingham Palace in London (UK) and many others in famous gardens. In the world. Originally, 32 varieties of lilac were planted in the Lilac garden in Moscow, now they are 60 to 70 years old. The popular varieties today are called “Moscow Beauty” – buds that bloom into white flowers, “Aleksey Maresyev” – named after a heroic Soviet pilot (formerly), whose petals twist in wing-like directions. airplane fan. In addition, to the garden, you can admire other famous lilac varieties of Mr. Leonid Kolesnikov, with impressive names such as “Moscow Morning”, “Moscow Flame”, “India”, “India”. Galina Ulanova”… In 1975, Lilac Park was formed. In what is said to be the “most fragrant park” in the capital, the fountain plays music and the lighting system shines from the ground onto the trees to help residents and tourists even visit the garden in the evening to feel the beauty. infatuation of fragrant flowers. The park astounds visitors with countless lilac bushes blooming purple, pink, white… There are not many restaurants and cafes around, so the garden becomes cozy, quiet and peaceful. People come to rest, watch the flowers relax and enjoy the passionate scent.

Hanoi, which used to be always in a bustling atmosphere right from the early morning, has now become quiet due to the situation of fighting the Covid-19 epidemic. The emptiness reminds of the beauty of many years ago, but also brings sadness when the restaurant is empty of customers, business people have difficulties. Minh called these images of the “sell-out” period, because from May 25, in response to the epidemic, Hanoi had a written request that food and beverage shops were only allowed to sell take-out. For those who were born and raised in the Capital, this is an unforgettable moment in their life. Long Bien Bridge, a cultural symbol of Hanoi, is an important trade route that used to be very active from early morning to late night. …now quiet, sparse, only a few people passing by The quiet rhythm of the bridge makes people restless and regretful Looking down from Long Bien Bridge, the Red River suddenly became quieter Sword Lake, the heart of the capital, also doesn’t have many commuters Pigeons feeding in the fresh air The old town used to be crowded with sellers and buyers… …now closed most of the shops, no longer crowded Readers: Bui Binh Minh ( Hoan Kiem District, Hanoi)

Ms. Luu Thi Lien at home, May 2020. While living and working at the Central Office of the Vietnam Women’s Union in the Viet Bac War Zone (1947-1954), Luu Thi Lien was assigned the task of communicating and transferring documents and documents to central agencies. Therefore, she was honored to meet Uncle Ho many times. Every time I met Uncle Ho, it was a touching story, still intact in her heart. Ms. Luu Thi Lien said, once on the way to work, Uncle took advantage of visiting sisters in the office. The person kindly inquired about the living, living and working conditions of the sisters. Seeing that the sisters’ meals were still miserable, Uncle suggested: “You should ask for local land to increase production and improve your life, not let you eat a lot of flying vegetables and bamboo shoots, which is not good for your health. strong”. Another time, Uncle said: “You shouldn’t eat cold rice, you will lose nutrition. Please ask the people in the village to guide you on how to knit a pot with a lid, how to have enough rice to keep it hot.” After Uncle Ho’s teachings and thanks to the seeds he sent to increase, in a short time, the sisters’ meals were significantly improved. The knitting of rice budgies is also implemented. From then on, whether it’s winter or summer, no one has to eat cold rice anymore.” There is one memory that Mrs. Lien will always remember. Around 3:00 p.m. on May 19, 1950, when officials in the agency went to a meeting, there were only 3 sisters at home, wearing a sedge bag containing official documents and had just reached the top of Hoang Ngan palm hill slope, in Diem Mac commune (Dinh Hoa province). , Thai Nguyen), Luu Thi Lien suddenly saw Uncle Ho and his security comrades coming. Because of the secret principle of “3 no’s” (don’t know, don’t say, don’t ask), she rushed to bow to Uncle Uncle and then led him back to the office, then ran to inform everyone: “Sisters! Uncle came! Uncle came!”. The sisters ran out to meet Uncle. Seeing a few empty houses, he immediately asked: “Where have you all gone?”. Ms. Nguyen Thi Thanh Huong (later Editor-in-Chief of Vietnam Women’s Newspaper) said: “Yes! Leaders and sisters of your agency, please go to the Central Guest House to attend the meeting!”. Uncle looked kindly at the 3 sisters, thoughtfully: “I went to a conference recently, it’s convenient to visit them!”. At this time, it was almost dark, and it was raining again, Huong boldly suggested: “Dear Uncle, we have cooked rice, we invite you and the security comrade to stay and eat.” After thinking for a moment and discussing with his companions, Uncle Ho accepted. Needless to say, the sisters were all happy and moved. At this point, Ms. Luu Thi Lien pondered. She said that at that time, she was assigned to cook rice by her sisters, but the warehouse manager went to a meeting. She had to “secretly” climb over the bamboo poles, go to the warehouse to get rice, and a box of asparagus, which was the spoils of a military unit sent as a gift. Moments later, a tray of rice was served, with a bowl of asparagus soup, a plate of roasted salt, a little fat, chili, and a few hard-boiled eggs. Because she thought she was a liaison officer, an agency employee, Luu Thi Lien did not dare to sit and eat with Uncle and sisters. Seeing this, Uncle told Ms. Huong: “Call the child support girl to have dinner with Uncle for fun”. During a happy meal, looking at a bowl of bamboo shoots, Uncle asked: “Asparagus, how do you cook?”. Luu Thi Lien said to Uncle: “Yes, Uncle, I took out the asparagus and boiled water, poured the bamboo shoots in, I was close to adding fat and salt”. Hearing that, Uncle laughed and said: “This is canned asparagus of the French, when cooking, you have to cut it into pieces, wash it, and cook it with lean meat. You are women, you have to study hard to learn literature. chemistry, politics, women’s housework, especially to know how to cook well.” More than 70 years have passed, but the memory of meeting Uncle Ho and having dinner with him is a very sacred and emotional memory for Ms. Luu Thi Lien. Remembering Uncle Ho’s teachings, peace was restored, although life was still difficult, she was determined to study and work to keep up with friends and colleagues. In her work, regardless of her position, from a district woman officer to Vice President of the Hanoi Farmers’ Union, Ms. Luu Thi Lien always successfully completed the assigned tasks, always studied and worked hard. follow the instructions of the Father.

Green space on Nezhinskaya street in Moscow. Photo: stroi.mos.ru On average, each Moscow resident enjoys 20 square meters of green space, a rate many times higher than in Tokyo, London or Beijing. This comes from two factors: Moscow was originally built among the forests in Russia, followed by the process of creating landscapes and greening the environment in this city since the 18th century. Hill Fort and Boulevard Arc Borovitsky Hill, where the Kremlin is located, is named after the word “bor”, which means “forest” in Russian. In fact, this place was once an oak forest in the 11th century and is now the focus of central streets in Moscow. Another example is St. John’s Church, also once built on a site that was once a typical Russian elm forest and is now Novaya Square, not far from the Kremlin. Moscow historian Pyotr Sytin believes that the church was named after the old forest that guarded the eastern edge of the Kremlin fortress until the 15th century. These places used to be forests with common trees being spruce and pine. The townspeople then cut down the trees for construction purposes. Moscow at that time was in the period of expansion and the forest in the suburbs was cleared to build new housing. But it is these “suburbs” so close to the Kremlin that are now the heart of the city. Until the 17th century, places like Trubnaya Square were still largely covered with forests. In the early 19th century, many trees could still be seen growing close to the wall around the Kremlin. Catherine the Great, the queen who wanted to renovate the old capital, ordered the construction of the “Arch of Boulevard”. These boulevards were built on the basis of the “White City” (Belyi Gorod) which was the third defensive belt around Moscow built with stone walls and fortifications. Russian journalist Vladimir Odoevsky wrote in the 19th century that Moscow is surrounded by boulevards and it is not only the decoration of the city, but also has important meaning. Looking at this green belt, the people of Moscow can proudly say that in summer or winter, healthy people, sick people, adults, children – all can walk around the city, go for a walk. among the trees without fear of being hit by a carriage. After the fire of 1812, another green belt was erected in Moscow, known as the “Sadovoye”, a wide street surrounding the fast-growing downtown, with many flower gardens in the districts. home. The process of “greening” since the beginning of the 20th century The process of strong urbanization starting from the October revolution (1917) has caused the flow of people to flock to Moscow more and more. The ancient city was forced to adjust to the transformation of the industrial state. In the 1930s, the government removed the “Royal Court”. Trees in many squares and streets were cut down, and there were even plans to destroy the “Bundle Boulevard”. Gorky Park in Moscow in 1979. Photo: TASS Thankfully, this idea was shelved. In 1947, leader Stalin personally supervised the reconstruction and greening of the city center. The work was carried out quickly. Trees were planted around Dzerzhinsky Square (now Lubyanka Square), Okhotny Ryad Station, Sverdlov Square (now Teatralnaya Square) and Bolotnaya Square. The “greening” was also carried out on a large area from Manezhnaya square to Belorussky metro station. These are the first steps to help green the central area of ​​​​Moscow. In 1951, the Moscow government selected 272 greening projects in the capital. By 1961, afforestation workers had planted more than 500,000 trees and shrubs in the city, with a variety of trees such as small-leaved linden, green-leaved spruce, pine, barberry shrub, rose… This period saw the birth of a series of the largest public parks in Moscow, from Gorky Park, to Sokolniki Park, Izmailovsky Park, Losiny Ostrov National Park – the largest urban park in Europe. with an area of ​​over 300 square kilometers. Currently, green space in Moscow is strictly controlled. Since 2013, the city government has launched an initiative to plant one million trees, focusing on creating a garden landscape in the backyards of buildings. The felling of trees in Moscow is strictly regulated. If because of construction work, contractors and investors can still cut down trees, but must ensure the principle that cutting down an old tree must plant two new trees.

The weather in Hanoi began to appear intense heat waves as well as when the phoenix trees on the streets of Hanoi began to bloom. This is a flower that reminds many memories of the time when students went to school in Hanoi. Every corner of the sky, every corner, every road… wherever you go, you will see phoenix flowers, brilliant “flames” on the tree trunks that seem dry but imbued with nostalgia. Along the streets there are the most beautiful rows of phoenixes such as Lang, Thanh Nien, around West Lake, Truc Bach lake… and even school yards in Hanoi stand out in the summer sun with the burning red color of this flower. Not only a flower that signals summer, in the memories of Hanoi’s students in the past, when the phoenix “burns” is the time when the senior students are about to part, reminding that the important exam is near. , have to change the habits of going to class, meeting and playing with classmates for many years. Going through the streets of Hanoi, it is not difficult for people to see the blooming “flames” signaling the arrival of summer. The weather in Hanoi begins with intense heat waves, which is also the time when phoenix flowers bloom in clusters. On the street corner, the sky seemed to be on fire with the red color of this flower. Referring to the species of phoenix is ​​immediately referring to Hai Phong, but Hanoi is also very colorful with this flower in May. Phoenix in Hanoi is grown a lot, especially on streets like Lang, Quan Hoa, Thanh Nien, around West Lake, Truc Bach Lake… In Vietnam, the phoenix tree was introduced by the French in the late 19th century in big cities, gradually, this flower was planted throughout the provinces from North to South on sidewalks and school grounds. Phoenix flowers on the sidewalk in Hanoi. Along the two sides of To Lich River, Lang street, two rows of phoenixes are planted quite beautifully. 4 bright red, or slightly orange petals, the 5th petal is erect, slightly larger than the other 4. The phoenix flower season usually lasts for 1 month. In May, phoenix blooms, the color is deep red, but in June, the color is lighter and the flowers begin to fall. The phoenix is ​​tall and the foliage is wide, providing shade for passersby. The deep red color of the phoenix flower makes the people of the capital flutter when remembering a time when students went to school to go to school. Even on hot summer days, looking at a gentle phoenix branch like this also feels relaxing after a hard working day.

Mr. Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee and Mr. Dau Thanh Tung, Provincial Member, Vice Chairman of the Provincial People’s Committee witnessed the signing ceremony. Attending and witnessing the signing ceremony at the bridgehead of Thanh Hoa city were comrades: Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee; Head Thanh Tung, Member of Provincial Party Committee, Vice Chairman of Provincial People’s Committee; representatives of relevant departments. Delegates attended the signing ceremony at the bridgehead of Thanh Hoa city. Cong Thanh 1x600MW coal-fired clean energy project, designed according to supercritical technology to improve power generation efficiency and reduce CO2 emissions. According to the cooperation agreement, Trung Nam Electricity Design Institute will arrange for a commercial loan of about 1 billion USD to Cong Thanh Group to implement the project. With this cooperation agreement, the two sides expect that Cong Thanh 1x600MW Coal-fired clean energy project will be a green, clean, advanced thermal power project in harmony with nature; become a bridge for the two sides to cooperate in business, share and develop together. Trung Nam Electricity Design Institute is committed to focusing resources and techniques to implement the Project, meeting the requirements of a thermal power project using supercritical clean technology. Overview of the signing ceremony in Thanh Hoa. Speaking at the ceremony, Mr. Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee congratulated Trung Nam Institute of Electricity Design and Cong Thanh Group on reaching capital arrangement agreements, creating an important first step to develop the project. deploying 1x600MW Cong Thanh coal-fired clean energy project. This is one of the important projects for the development of Nghi Son Economic Zone in particular and Thanh Hoa in general. Comrade Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee spoke at the signing ceremony. Standing Deputy Secretary of the Provincial Party Committee Lai The Nguyen expressed his hope that the parties would reach further cooperation agreements to soon implement the project in reality. Thanh Hoa will create all the most favorable conditions for the parties to implement the project according to the plan, contributing to the common development.

1. Which place is known as the capital of the Southwest region? Ca Mau

Can Tho
Long An Can Tho is a city directly under the Central Government, located in the center of the Mekong Delta region, known as Tay Do – the capital of the Southwest region more than a hundred years ago. 2. What is the origin of the name Can Tho? Name of a flower in Khmer

Name of a fruit in Khmer
Name of a type of fish in Khmer There are many different theories about the name Can Tho. A popular explanation for this place is the Khmer word Kin Tho. Kin Tho is a type of galangal fish that is abundant in the locality. It is possible that the Vietnamese have read that the Kin Tho canal camp, where there are many gorillas, forms the Can Tho canal, so the name of the canal has changed to the name of the land. 3. Cai Rang Floating Market in Can Tho is recognized for which of the following titles? National Intangible Cultural Heritage
National tangible cultural heritage

Intangible cultural heritage in urgent need of protection In 2016, the Ministry of Culture, Sports and Tourism recognized Cai Rang floating market as a national intangible cultural heritage. The unique feature of this market is that trading and exchanging goods take place on the river. Floating market meets from 5 am, busiest at 6-8 pm and then gradually disappears. 4. Can Tho Bridge crosses which river? Hau River
Tien River

Co Chien River Can Tho Bridge crosses the Hau River, connecting Can Tho city and Vinh Long province. At the time of completion (2010), this is the longest main span cable-stayed bridge in Vietnam (550 meters) and the longest in Southeast Asia. Thanks to this bridge, all kinds of vehicles and goods can easily flow without having to suffer from ferry problems. Image: Pham Ngon. 5. To visit the cocoa garden and learn about processing, which district can visitors go to? Phong Dien
Phong Chau

Phong Thai Muoi Cuong cocoa garden in Phong Dien district is a tourist attraction of Can Tho, especially foreign tourists. Here, you can visit the lush green garden with thousands of unique cocoa roots in the western country, learn about the cocoa processing process, and enjoy attractive cocoa-based products such as powder, butter, and candy. , chocolate… Photo: Carolyncarter. 6. The location in Can Tho is the setting of many famous movies such as Alluvial roads , Tay Do beauty , Life’s Debt , Lover … ? Cai Cuong ancient house

Ba Duc ancient house

Binh Thuy ancient house Having appeared in the context of many movies, the ancient house of Binh Thuy or the church of the Duong family is now one of the places that attracts tourists when coming to Can Tho. The house was first built in 1870, in the early 20th century, the family built a new house, expanding the space. This unique architectural work has a clear East-West cultural interference, influenced by Western art, but still retains the soul of the nation. Image: Linhchan2610. 7. In which district are the noodle villages concentrated? Ninh Kieu
Vase

Jaggery Hu Tieu craft villages are concentrated in An Binh ward, Ninh Kieu district near Rau Ram bridge. Visitors can come here to observe and experience the process of making typical local noodle products. Do not forget to enjoy the attractive noodle soup pizza, which is modified from deep-fried noodles, served with strange toppings. Image: Tatymilaa.

From 1954-1975, Saigon, under the management of the national government at the time, with the social situation had a temporary period of peace, the economy was developed, the urban attraction increased, leading to the urbanization rate. rapidly developing. Since the 1960s, the economy has depended on massive aid from allied capitalist countries, especially the United States. Saigon urban area has the opportunity to develop further. The networks of roads and main roads were expanded and newly built. The population of Saigon at that time was more than three million people and had become a huge metropolis, a population center, a center of employment and a refugee camp. The Library of General Science, designed by architect Nguyen Huu Thien and architect Bui Quang Hanh, completed in 1972, is highly appreciated for its architectural solutions to adapt to hot, humid tropical climates and heavy rains. In the early 1970s, due to the economic investment policy to attract foreign capital, the city’s industry developed strongly, and a series of large-scale enterprises appeared. In parallel with the development of technical infrastructure, traffic, electricity, water; social infrastructure, public works, commerce, services, large residences, buildings, hospitals, universities are invested and developed with higher quality than before. In addition, a large number of highly qualified and numerous scientific and technical workers, technical workers and craftsmen were born. In which, a team of Vietnamese architects trained from many domestic and foreign sources such as France and the US have met the design and construction needs of Saigon. Based on the contemporary socio-economic foundation, construction activities developed together with close exchanges with Western capitalist countries have created conditions for art movements in the world to be imported into Vietnam. freely. In which, the popular international modern architectural style has contributed to changing the appearance of Saigon architecture. This architectural style has begun to gradually replace the cumbersome and restrictive Western classical and neoclassical architectural forms before, making Saigon architecture bring many elements of a modern urban architecture. compared to other countries in Asia at this time. Notably, most of these architectural works are designed and constructed by a team of Vietnamese architects who meet international modern standards. The stylized stilt house standing on the lake and the flower wall on the reading room façade is a reasonable solution. Columns, beams, cantilevered roofs, roofs reaching out from the walls are familiar traditional images . The trend of modern architecture when entering our country has been applied by the architects to suit the local climatic conditions and has formed the style of “tropical modern architecture”. In fact, this style appears almost widely in countries with tropical climates such as Brazil of South America, some South African countries, South Asian countries such as India, Sri Lanka or from Southeast Asian countries. They have the common characteristics of simple shapes, high-rise buildings, reinforced concrete construction materials, aluminum and glass, high functional value, use of detailed structure of couches, sunshades and corridors in accordance with the requirements of the project. humid tropical climate. However, a special feature is that “tropical modern architecture” in Saigon has been skillfully combined by Vietnamese architects between Western modern technical elements and Eastern culture, exploiting the traditional architectural features in the building. The harmony between architecture, people and nature has made these buildings truly worthy contemporary works to be treasured. Tropical features and Saigon nuances Referring to the typical architectural works of this period, it is impossible not to mention the Independence Palace by the architect. Ngo Viet Thu and his associates designed. My colleagues also have an analysis of this work in the same issue, however, I still want to emphasize, this is a work that shows a harmonious combination of Western and Eastern cultural elements. , creating a project with a “tropical modern” style as a monumental highlight at the end of Le Duan street. Independence Palace seen from above. Photo: Zing The facade architecture of the building is divided into three solid – hollow – and solid pieces, which partly repeats the layout of the previous Norodom Palace, however, can also recall the silhouette of the traditional three-room, two-gable house, similar correspond to the functional areas inside. The ground floor is designed with large glass doors to bring trees and water surface into the building as much as possible. The prominent image on the façade is the unique “stone flower curtain”, the author’s name for his work. Because the facade of the building faces East – North, in order to have a lot of natural light and still limit solar radiation, the author has cleverly combined Western technical materials with traditional aesthetic concepts. The tradition creates the image of the curtain, making people think of the images of the shuttle or the bamboo structures, which are symbols of the gentleman in the concept of the Eastern people. They bring a very familiar feeling to Vietnamese people. Inside the flower curtain is a wide and long porch filled with light, reminiscent of a porch in folk architecture. The indoor spaces are created by the author according to the principle of natural ventilation and open space to exploit the surrounding landscape and also to suit the climate here. Even the roof insulation solution is taken care of. The roof has a two-layer floor structure, the bottom is a bearing concrete layer, the top is a heat-resistant knitting sheet placed on a brick pillow 40cm from the floor, it is thanks to the convection air cushion in the middle that should keep the indoor temperature at all times. cool either. At the same time, in the work, some specific materials are used such as washing stone, grinding stone to paint the walls, but there are people who put the Independence Palace in the category of “tropical architecture that creates Saigon’s nuances in the overall design of the city.” Vietnamese contemporary architecture”. In 1972, the construction of the General Science Library designed by architects Nguyen Huu Thien and Bui Quang Hanh was completed. The work is located in a quite favorable position in the city center, opposite the old Gia Long Palace – now the City Revolution Museum – at the corner of Nam Ky Khoi Nghia and Ly Tu Trong streets today. The authors have combined the building block in functionalism by creating two blocks with a clear geometric shape but cleverly arranging them to contrast each other. The horizontal block is the reading room and the vertical block is the bookstore, along with the solid and hollow façade solution to bring unexpected and impressive visual effects. Although this is a tactic that we often encounter in some modern Western works, here the authors have shown the consistency from content to form an architectural solution adapted to the situation. The climate is tropical with lots of sunshine and lots of rain. At the same time, the authors also know how to skillfully combine Western aesthetic elements and traditional Vietnamese elements to create a work with unique nuances. General Science Library Architecture. Photo: Flickr That is the architectural treatment of the facade of the bookstore with solid walls running in the horizontal direction, symbolizing books stacked on top of each other and leaving only small window slots just enough to get light, to Avoid direct sunlight to yellow the documents inside. Or like the image of a stylized stilt house standing on a lake in a cubic layout of the building’s facade, the ground floor floor is raised from the ground to bring a sense of closeness and enjoyment but without losing the grandeur of House. Because the work is facing northwest – southeast, the use of a flower wall on the facade of the reading room block is quite reasonable, both against solar radiation and creating ventilation for the corridors and rooms inside. . Especially here the authors have modernized traditional architectural elements to create decorative motifs that are extremely expressive, bringing great success. The work that makes a strong and unforgettable impression is thanks to this flower wall. The building is no longer a homogeneous box-shaped block, but has used many elements of traditional wooden architecture such as columns, beams, cantilever, roof raced out from the wall, even the familiar bare surfaces of the building. The large wall panels in modern architectural style are also treated with stone materials and decorated with dragon and phoenix reliefs. The shapes and details show that the Vietnameseization as well as the tropicalization of modern architecture at the Library of General Science has reached its peak. University of Medicine and Pharmacy project. Photo: MINH@K It is possible to point out another project, which is the University of Medicine and Pharmacy. Located in a large campus, with a distributed layout but the blocks are linked together by rows of covered corridors on all three floors, so the circulation between functional blocks is quite convenient. It is also thanks to this layout that the building organically connects with the gardens, trees, water surface, weaving in the campus to create a fresh atmosphere, softening the harsh sun of the climate. It also demonstrates the application of the principles of the school of organic architecture that such masters as Frank Lloyd Wright, Alvar Aalto, Richards Neutra have proposed. Although there is a limitation of square shapes, but due to the way of creating a liberal floor plan, due to the flexible solution of space, it has been quite closely combined between the indoor and outdoor spaces. between architectural works and nature in a harmonious and lively manner. The project of the University of Medicine and Pharmacy is a very successful example of a solution against solar radiation. For the east and west facing facades, a vertical and thick slat system combined with the corridor was used. As for the south and north facing sides, the corridor solution is combined with the mixed roof system. The blocks are linked together thanks to the corridors covered with all three floors, so the circulation between the functional blocks is quite convenient and organically connected with the gardens, trees, and the sun. country. This is also a successful work on solutions against solar radiation. For the facades facing east and west, a thick and vertical slat system in combination with the corridor was used. As for the south and north facing sides, the corridor solution is combined with the mixed roof system. Photo: MINH@K In general, the architecture of the University of Medicine and Pharmacy has a high consistency thanks to the use of a wide corridor system solution combined with blue forms, herringbone stairs, whitewashed stone walls that stand out on the green background of trees. All of them create a very typical style of “Saigon tropical architecture”. Although there are only a few typical examples in the overall picture of Saigon urban architecture in the period 1954-1975, it also gives us an idea that Saigon architecture in this period has taken a step forward. outstanding, both adapting to the tropical climate and meeting the needs of the new urban lifestyle of the people here. Whenever mentioning this period, everyone is proud of an architecture with the common name “tropical modernization”, a title favored by many international researchers. With a fairly smooth combination between modernity and ethnicity in architecture, between architectural, climatic and human factors, the works in this period really laid a solid foundation for the the next step of contemporary Vietnamese architecture. Posts: Assoc. Nguyen Khoi

Peaceful life in Phuoc Tich village (Photo: Lam Phan/Vietnam+) Phuoc Tich ancient village is located in Phuoc Phu village, Phong Hoa commune, Huong Dien district, province Hue . According to some historical documents, this village was formed in the 15th century. The name Phuoc Tich It means wishing that the people in the village will accumulate many blessings to leave for the next life. What makes Phuoc Tich village special is the system of ancient houses and traditional garden houses from the past. Currently, in the village, there are about 117 households, with nearly 30 old houses (including 10 churches, the rest are mostly typical ruong houses of Hue). In which, there are 12 houses ranked with special value. Interestingly, the houses all have a large garden, separated by rows of neatly trimmed tea. Besides the unique ruong houses, ancient and majestic worship works, Phuoc Tich ancient village has a traditional profession of making ceramic extremely special. Products created from Phuoc Tich pottery village in the past have become precious products dedicated to giving to King Nguyen Dynasty. True to the meaning of the name of the village, generations of people here continue the tradition left by their fathers. From generation to generation, they still work hard and creatively to create great values ​​for the village. The unique ancient architecture, the cultural features of the clans, villages, and craft villages have created a bold cultural beauty of the central region.

To date, Japan has vaccinated only 2.8% of the population, the lowest level among developed countries. (Source: aa.com.tr) On May 12, the online system supports scheduling vaccination COVID-19 prevention in Japan was interrupted due to technical problems, raising concerns about responding to the country’s outbreak. NHK television reported that the vaccination scheduling crash occurred in many localities, including many areas in the capital Tokyo and the western city of Minoh, due to a global system failure involving the supplier. cloud computing Salesforce of America. In a statement on Twitter, Salesforce Chief Technology Officer Parker Harris said the company’s network was suffering from “ serious interruption . “Subsequent update notice indicated that Salesforce’s services were almost completely restored. Japanese Ministry of Health officials have not yet commented on the above information. Japan aims to be vaccinated by July COVID-19 for 36 million elderly people. However, so far, the country has only vaccinated for 2.8% of the population, the lowest level among developed countries in the world.

In recent days, the young people of the capital are whispering about a very unique and special glamping area in the 65-storey Lotte Center building. (Photo: Minh Son / Vietnam +) This unique campsite has just been opened for more than a month but is always on schedule. (Photo: Minh Son / Vietnam +) Located on 7th floor of Lotte Department, the campsite is beautifully arranged. (Photo: Minh Son / Vietnam +) Nestled in high-rise buildings is a campsite of about 100m2 with full facilities to serve people to experience. (Photo: Minh Son / Vietnam +) It is designed for glamping. The only thing you need to do is come here to experience, gather together to eat barbecue in the huts and watch a Hanoi from a very different perspective in the afternoon. (Photo: Minh Son / Vietnam +) Mr. In Byung Chun from Korea, the owner of this campsite said that from his personal camping hobby, he started selling special outdoor gear and then came up with a unique idea. ‘camping in the street.’ (Photo: Minh Son / Vietnam +) It serves a full range of services for people to experience such as food, drinks, listening to music. (Photo: Minh Son / Vietnam +) Even if you want to grill your own food, this place also fully prepares a grill and furniture for customers to experience by themselves. (Photo: Minh Son / Vietnam +) Initially, this more than 100 square meter campus was just a flowerbed area, after renovations it has now become a glamping sanctuary with 3 tents with a capacity of 4 to 12 people each. (Photo: Minh Son / Vietnam +) The manager of this glamping area said that the opening hours for customers are only 18-23 hours daily. If on Sunday, this place will be open at noon. (Photo: Minh Son / Vietnam +) Glamping is a combination of ‘glamorous’ and ‘camping’. This is a new term that travel enthusiasts have named in recent years. (Photo: Minh Son / Vietnam +) You can imagine this is a resort with full amenities but in the form of camping and tents also have to be upgraded compared to conventional camping. Some places also have service staff that are not inferior to the top resorts. (Photo: Minh Son / Vietnam +) In recent years, glamping areas have begun to appear in Vietnam, attracting the attention of many people who love to travel and experience. (Photo: Minh Son / Vietnam +) Glamping is being loved by many people, because this hobby offers many interesting things and a very different experience. (Photo: Minh Son / Vietnam +) Coming to the glamping area in this special street, outside guests can enjoy the extremely airy and cool space and experience a very different feeling when going to normal camping. (Photo: Minh Son / Vietnam +) The space here is divided into 3 parts, the main space is the campsite, the outdoor grill area for groups of friends who like to cook by themselves and the kitchen – where the waiters prepare dishes for diners. (Photo: Minh Son / Vietnam +) New and exciting parties will last until 23pm. (Photo: Minh Son / Vietnam +) In each tent is served baked goods such as chicken, beef, fruit … along with salads, breads, white rice, Korean-style soups. (Photo: Minh Son / Vietnam +) Especially, there is no wifi here, people will have the opportunity to talk and talk more after hard working and studying days. (Photo: Minh Son / Vietnam +) A slight minus point of this place is that the wind is blowing quite strong and cold. People who experience here until night will have to bring thin coats to prevent the cold. (Photo: Minh Son / Vietnam +) Another note when you want to experience this service, is that people will have to spend 792 thousand dong, including camp rental and serving full food. This will definitely be a high cost compared to many people, but in return if you accept to spend that amount, what you get in return will be extremely worth it. (Photo: Minh Son / Vietnam +) Here, the staff will serve diners from start to finish. (Photo: Minh Son / Vietnam +) It can be said that this is a place to experience glamping, but calling it an experience-oriented restaurant is also true. (Photo: Minh Son / Vietnam +) The campsite turns bright when the lights are on. (Photo: Minh Son / Vietnam +) This is definitely one of the interesting places not to be missed for the people of the capital to look for in the upcoming holidays. (Photo: Minh Son / Vietnam +)

Shopping malls will be allowed to open from 11am to 9pm, while convenience stores across the capital will be closed from 10pm to 5pm the next day. The barber shop can only provide trimming and washing services. In addition, gatherings of 20 or more people will be prohibited. The capital Bangkok is at the center of the third Covid-19 outbreak in Thailand and one of 18 localities listed by the government as “red zones”, where the opening hours of certain facilities is limited. Thailand on April 24 at the same time recorded the highest number of new Covid-19 cases and the number of people dying from this pandemic on a daily basis. The Government of Thailand’s Covid-19 Situation Center (CCSA) on April 24 confirmed an additional 2,839 new cases, of which only 12 were imported, bringing the total number of cases in the country. now to 53,022 cases. The CCSA also confirmed eight more patients died of Covid-19, bringing the total number of people who did not survive the epidemic to 129 cases. Of the new infections recorded on April 24, the capital Bangkok accounted for the largest number with 1,582 cases, followed by Chiang Mai (151 cases), Chon Buri (119 cases), Nonthaburi (96 cases), and Samut. Prakan (84 cases), Pathum Thani (59 cases), Samut Sakhon (57 cases), Surat Thani (46 cases), Nakhon Sawan (38 cases) and Songkhla (34 cases). According to CCSA statistics, since April 1, Thailand has recorded a total of 27,000 Covid-19 cases, of which 56% are in Bangkok. The number of people killed from this pandemic nationwide since the beginning of the month has reached 43 cases.

Squeezing on top of a decommissioned volcano in northern Nevada, workers are preparing to blast and dig holes to mine the first large-scale lithium mine in the United States in more than a decade. According to the New York Times, Lithium is an essential ingredient in the manufacture of electric car batteries and renewable energy. This lithium mine was built on federal rental land and promises to address current US dependence on international lithium supplies. However, this Lithium Americas project was strongly opposed by members of the Native American tribe, the owner of the farm and the environmental groups. The project plans to use billions of gallons of groundwater in the area. In addition, the lithium mine has the potential to pollute for up to 300 years and leave severe consequences and huge waste of waste. The conflict surrounding the Nevada mine represents a new tense problem: Electric cars and renewables may not be as green as they seem. “Blowing a mountain is not environmentally friendly, no matter how much economic expectations people put on it,” said Max Wilbert, who lives at the proposed mine. Demand soared In addition to Nevada, private businesses are proposing other lithium mining sites in California, Oregon, Tennessee, Arkansas and North Carolina. According to the Bloomberg In the first three months of 2021 alone, lithium miners in the US raised nearly $ 3.5 billion from Wall Street, seven times the amount raised in the previous 36 months. This shows that a lithium boom is exploding as the electric car industry is becoming a new trend. Lithium is used in electric car batteries because it is light, stores a lot of energy and can be recharged many times. Analysts estimate demand for lithium will increase tenfold as Tesla, Volkswagen, General Motors and other automakers launch a series of new electric cars. Blasting a mountain is not environmentally friendly, no matter how much economic expectations people place on it. Max Wilbert, a resident of the Lithium Americans mining area. Therefore, the US needs to quickly find sources of lithium when electric car manufacturers accelerate production. Although the United States has the largest lithium reserves in the world, the country has only one large-scale lithium mine, the Silver Peak mine in Nevada. Mining started in the 1960s and produces only 5,000 tons / year – less than 2% of the world’s annual supply. Most of the raw lithium used in the United States comes from Latin America or Australia, which is then processed and manufactured into batteries in China and other Asian countries. The Lithium Americas mine under construction in Nevada is estimated to have a lithium value worth $ 3.9 billion. The operator is expected to start mining operations next year. The largest shareholder of the mine is Chinese company Ganfeng Lithium. However, traditional mining is one of the most “dirty” businesses today. For electric car manufacturers and renewable energy companies, this situation has not improved much. “While its intentions are good, the need for clean energy can do harm,” said Aimee Boulanger, executive director at mining services for BMW and Ford Motor. bigger”. “Dirty” industry On a hillside, Edward Bartell and the ranchers often go out early in the morning to make sure that 500 cows roam the 50,000-acre (202 km2) desert with enough food. Faced with a lithium mining project in the area, his family has never faced such a great threat. Not far from Bartell’s farm, the largest lithium Americans project in the United States is on the horizon. Mining ore will have helipads, chemical treatment plants and waste yards with the depth of the mine up to 112 m. Traditional mines are potentially dangerous to the environment, animals and people living in the area. Photo: NYT. Producing raw materials such as lithium, cobalt and nickel often harm the soil, water resources, wildlife and people in the area. Like the competition for gold and oil in the past, governments are taking advantage of minerals to gain future economic and technological dominance. However, in the economic and technological race between great powers, environmental issues are often forgotten. What Barbell was most worried about was that the mine would consume all the water of the cattle. The mining company said the mine would consume 3,224 gallons of water per minute (equivalent to 12,204 liters / min). Thus, the groundwater level in the land where Mr. Bartell is breeding could decrease by about 3.5m. In addition, if the mine targets to produce 66,000 tons of lithium carbonate per year, this mine could cause groundwater to be contaminated with antimony metals and arsenic. Lithium is extracted by mixing clay dug from a mountain slope with 5,800 tons of sulfuric acid per day. The documents show that the entire process produces 354 million cubic meters of waste extracted from sulfuric acid treatment and can contain radioactive uranium. A December assessment by the Ministry of the Interior found that over its 41-year lifespan, the lithium mine would damage nearly 20 square kilometers of antelope and wildfowl habitat. In addition, the mine will destroy the nesting area of ​​a breed of golden eagle and other wildlife. “It was disappointing that the lithium mine was introduced as an environmentally friendly project, when in fact it was just a giant industrial park,” said Mr. Bartell. He filed a lawsuit demanding to stop mining activities. “The war is not fair” So far, the Joe Biden administration has not moved to promote more eco-friendly strategies such as extracting lithium from sea salt water instead of opencast mining. People of ethnic minorities protest outside the land management office to protest against the Lithium Americans mining project. Photo: NYT. Mining companies, meanwhile, want to speed up domestic lithium production and push the government to include a $ 10 billion funding program in the infrastructure bill. “If China severs relations with us, the US will face many difficulties,” said Ben Steinberg, an official in the Obama administration, threatened. This war is inherently unfair. After all, the mining units are just capitalists. Maxine Redstar, the leader of Fort McDermitt Paiute and the Shoshone tribe. At the Fort McDermitt Indian Reserve, controversy over the project was even more acute and led to more conflicts. The Lithium Americas mine proposes to hire tribal members as workers with an average salary of $ 62,675 / year. This salary is double the per capita income in the region, but indigenous Indians will pay a huge price for the environment and nature. “After you pollute the water here, what will we drink in the next 300 years? You’re lying!” Said Deland Hinkey, a member of the indignant tribe. Mr. Tim Crowley, vice president of Lithium Americas, pledged that the company will operate responsibly with the local environment, planning to use steam from burning molten sulfur to generate electricity, for example. However, people here still do not trust and fear that mining activities will cause serious environmental consequences. “This war is inherently unfair. After all, the mining units are just big capitalist corporations,” said Maxine Redstar, leader of Fort McDermitt Paiute and the Shoshone tribe.

A medical staff took a sample for COVID-19 in Bangkok, Thailand. (Photo: AFP / VNA) Thailand’s capital Bangkok is at the heart of the epidemic wave COVID-19 third in the country with 9,076 new cases since the beginning of this month, three times higher than the second hot spot, Chiang Mai province. The Bangkok government has issued mandatory masks to gradually reduce the number of new COVID-19 cases in the city, and ordered the closure of 31 businesses for two weeks from April 26. Closed facilities include cinemas, zoos, Internet cafes, public swimming pools, fitness centers, libraries, museums, parks, and beauty treatments. Meanwhile, shopping malls will be allowed to open from 11am to 9pm daily, and convenience stores will close from 22pm the night before to 5 am the next morning. In addition, any gathering of 20 or more people will be banned. The Bangkok metropolitan area government requires everyone in the capital to wear a mask at all times when outdoors or at home. Violations will result in fines of up to 20,000 baht (approximately $ 600) under Section 51 of the 2015 Disease Control Law. Although the maximum fine for violating the masking rule is 20,000 baht, officials may consider a lower fine based on the fine regulation, which is 6,000 baht for the first violation. 12,000 baht for the second time and 20,000 baht for the third time onwards. Thai Prime Minister Prayut Chan-o-cha has become one of the first to be fined under the capital’s regulations that require people to wear masks when leaving the house. The Bangkok city government fined him 6,000 baht (about $ 190) for not wearing it face mask in a meeting with advisors on April 26 afternoon. On April 26, Thailand recorded an additional 2,048 new cases of COVID-19 (including 10 cases entry ) and eight deaths, bringing the total number of cases in the country to 57,508 and the total number of deaths to 148. New cases were reported mainly in the capital Bangkok, followed by the provinces of Samut Prakan, Chon Buri, Nonthaburi and Chiang Mai./.

Heydar Aliyev Center is a complex located on a large area in the middle of the Azerbaijan capital Baku. Inside this monumental building are museums, exhibitors, and large auditoriums. Center for storing and displaying documents and artifacts about historical figures of Azerbaijan. Mr. Heydar Aliyev was formerly Deputy Prime Minister of the Soviet Union and President of the Republic of Azerbaijan from 1993-2003. The work was designed by architect Zaha Hadid. After becoming an independent state in 1991, Azerbaijan tried to escape the architectural influences of the former Soviet Union. Baku’s capital architecture is modernized in a western direction. Heydar Aliyev Center was built not only to honor the “national leader” of Azerbaijan but also to create a large cultural center for the whole country. Architectural features of the building are flexible and flexible, with folds that wrap all parts together. The areas inside the building are interconnected, but still have their own space. Building shape shows a spirit of optimism towards the future. The rear part of the building. With a new and modern design, Heydar Aliyev Center is an important highlight inside Baku city.

Mummies are more than 3,000 years old. Photo: CBS According to CBS, at sunset on April 3, the mummies will ‘depart’ from the Egyptian Museum in Tahrir Square in a grand parade. Each mummy was placed on a private car decorated elaborately, accompanied by convoys, music, lights and horses. The “Golden Parade of the Pharaohs” will travel along the Nile and then to Egypt’s first Islamic capital, Al-Fustat, in the old Cairo area, and then to the National Museum of Egyptian Civilization. Photo: CBS The group of mummies participating in the parade includes 18 kings, four queens of ancient Egypt’s 17th to 20th dynasties, about 3,100 to 3,500 years ago. Most mummified fish have been found in two archaeological sites at Luxor in the late 1800s. Over the course of more than 3,000 years, these kings and queens have been transferred from tomb to tomb, from capital to capital, from museum to museum. Many people hope that after the April 2 parade, they will be at peace. According to analysts, the upcoming parade is underway as a way to restore interest in Egyptian tourism in the midst of a global recovery in tourism. Many Egyptians, including the government of this country, want the event to go well. The entire parade will be broadcast online by the Ministry of Tourism of this country.

It is expected that people will move about 22 mummies, including 18 kings and four half emperors, dating from the 17, 18, 19 and 20 dynasties. Ancient mummies will be paraded through the streets of Cairo in the scene of brilliant fireworks, sound and light shows, and honor cars, and the cavalry will also accompany the mummy. Why did Egypt suddenly move dozens of ancient mummies? Among these displaced mummies are the famous mummy of King Sequenenre, who began the war of liberation against the Hyksos, Queen Hatshepsut, owner of the magnificent temple Deir Al-Bahari in Luxor and King. Ramesses II, the great pharaoh of the New Kingdom. Before departing, the mummies will be placed inside special containers filled with nitrogen, with storage conditions similar to those on display in museums. Each barrel is then loaded onto a private carriage decorated in ancient Egyptian style and carried in order from oldest to youngest. Upon arrival at the Egyptian Civilization Museum, the mummies will be recovered in the laboratory for nearly 15 days in preparation for installation inside the new galleries. At the Egyptian Civilization Museum, the mummies are placed in the Royal Mummy Room, decorated to resemble the valley of the kings, the area where their tombs were originally located. The ‘Golden Parade of the Pharaohs’ is said to be a splendid festival along the Nile, celebrating Egypt’s rich heritage and attracting visitors back after a tough year. Archaeologist Zahi Hawass, former minister of Egyptian Antiquities, said: “This parade will make all Egyptians proud of the country”. Hoang Dung (translation)

Among the mummies were kings Ramses II, Seti I, Seqenenre and Tuthmosis III, and there were also four queens: Ahmose-Nefertari, Tiye, Meritamun and Hatshepsut. Photo: AFP The procession of the 22 pharaohs and the queen, including the most powerful ancient queen of Egypt, took place on the evening of April 3 to bring the royal mummies to a new resting place. Photo: AFP. Performers dressed in ancient Egyptian costumes parade at the start of the parade of 22 royal Egyptian mummies departing from the Egyptian Museum in Cairo’s Tahrir Square. Photo: AFP The parade route starts from the Egyptian Museum, a former mummified site near Tahrir Square, to the National Museum of Egyptian Civilization (NMEC) in Egypt’s first Muslim capital, al -Fustat. Photo: AFP Stone coffins are decorated with sculptures and inscriptions. Photo: AFP “This majestic spectacle is a new proof of the greatness of the Egyptians, the unique protection of civilization rooted in this historical depth,” said Egyptian President Abdel-Fattah El-Sisi. Twitter. Photo: AFP

For the procession of the mummies to the new “home”, the authorities closed the streets along the Nile. The convoy passed through the main roads in Cairo, and was greeted with 21 cannons when reaching the National Museum of Egyptian Civilization. This museum also officially opened yesterday, April 3. Egyptian President Abdel Fattah al-Sisi was present at the welcome ceremony. The convoy carrying 22 Egyptian pharaohs went along the capital Cairo. Photo: RT Performing art performance at the foot of the pyramid. Photo: RT Photo: RT Photo: RT Photo: RT Overview of the procession. Source: RT Archaeologist Zahi Hawass said each mummy was stored in a special casket filled with nitrogen to ensure no damage. These casks were placed on sturdy golden wagons to minimize shaking. “We chose the Civilization Museum because we wanted to display the mummies scientifically, not just for viewing as in the Egyptian Museum,” Mr. Hawass said. Car carrying the mummy of King Ramesses V. Photo: Reuters The mummies were discovered during two excavations in 1871 at Deir Al Bahari in Luxor and the Valley of the Kings. The oldest mummy is Seqenenre Tao, the last king of the 17th Dynasty, who reigned in the 16th century BC and is believed to have died. In addition, in the “parade” group there are mummies of Ramses II, Seti I and Ahmose-Nefertari. In recent weeks, Egypt has experienced a series of unfortunate incidents – including the congestion of the Suez Canal, a fatal train crash, a garment factory fire and a building collapse. apartment. These incidents “revive” the myth of the “curse of the pharaoh”. However, with 18 ancient kings and four queens finally settling down in the new and spacious home, perhaps no one will ever repeat the goosebumps again.

The scene of the press conference announcing products to stimulate tourism at the Hanoi tourism and culinary culture festival in 2021. Diverse stimulus tours The 2021 Hanoi tourism and culinary culture festival takes place in the following areas: Ly Thai To Monument, Bat Giac House, Le Thach Street, Le Lai Street and Hanoi Children’s Palace. In particular, the Children’s Palace area to promote cuisine with many traditional dishes of Hanoi such as: Bun thang, banh mi, Thanh Tri rice rolls, rice cakes, Vietnamese tea, egg coffee. The rest of the other spaces are for the tourism stimulus festival. Director of the Center for Hanoi Investment, Trade and Tourism Promotion Nguyen Gia Phuong said that this year’s festival is expected to introduce nearly 1,000 tourism products, attracting more than 30,000 tourists. Introducing more clearly the stimulus products, Director of the Northern Branch of Vietnam Airlines (Vietnam Airlines) Nguyen Van Thinh shared, would introduce 200,000 low-cost airline tickets of Vietnam Airlines, Pacific Airlines, Vasco, operating destinations such as Phu Yen, Phu Quoc (Kien Giang), Nha Trang (Khanh Hoa), Da Nang. In particular, many tickets with stimulus prices of 99,000 VND or 300,000 VND (excluding taxes and fees) are widely sold. “In addition, at the festival, there will be many game activities at the showroom of the unit, in which visitors can experience being a flight attendant, enjoying food on the plane”, Mr. Nguyen Van Thinh said. Meanwhile, representatives of Bamboo Airways said that tourists can buy tickets in eco (economy) class to be upgraded to business class. 1 month ago, this airline had a separate preferential policy for travel agencies with thousands of deeply discounted tickets, the price of 0 VND. From a travel perspective, VietSense Tourism Director Nguyen Van Tai said that the unit will introduce many products exclusively for Hanoi with preferential prices, down from 10-25%. In particular, the unit will introduce two new product lines, which are: “Discover Hanoi” with a discount of up to 25%, mainly resort products at resorts in Hanoi or experience tours. intended for students in suburban areas; “Hanoi +” product for visitors who want to explore at: Ho Chi Minh City, Can Tho, Central Highlands, East – Northwest street … with discounts from 10-15%. “We will sell 1,000 discount tickets for the two above programs. The tickets will be valid until the end of the year,” said Nguyen Van Tai. Meanwhile, Chairman of the Hanoi UNESCO Club Truong Quoc Hung said that the club members will deploy tourism products by rail with charter trips (package) to Hue, Quang Binh, in which There are cheap packages to Hue for 5 days, 4 nights with the price of more than 3.9 million VND / person. The Hanoi tourism stimulus festival 2021 will have 1,000 tourism products to be introduced with many incentives. Illustration Bold cultural identity, capital tourism Answering questions from reporters of the New Han Newspapers about the specifics of this year’s festival, the director of the Hanoi Center for Investment, Trade and Tourism Promotion Nguyen Gia Phuong said that there will be many cultural activities at the festival. organized to attract visitors. In particular, there will be many cultural promotion models of the Capital on display such as: Van Mieu – Quoc Tu Giam, Imperial Citadel of Thang Long, cultural symbols of districts, towns; many performing arts activities, singing and dancing music. In addition, the organizers will design a check-in area for visitors with lilies to promote the typical flower products of Hanoi in April. Director of the Hanoi Department of Tourism Dang Huong Giang affirmed: “Visitors will experience a lot of cultural space as well as have access to many quality and cheap tourism products of travel agencies when visiting. This is also an opportunity to promote to domestic and foreign tourists a safe, friendly Hanoi with many unique and attractive tourism products. One of the highlights at the 2021 Hanoi Tourism and Food Culture Festival is that the Hanoi Department of Tourism will hold an event “Announcing domestic tourism products in 2021” on the afternoon of April 16. In addition, the Department of Tourism and the Center for the Promotion of Investment, Trade and Tourism of Hanoi will organize 3 famtrip tour groups at 3 points: relic cluster of Ha Mo commune (district eco-tourism area Dan Phuong); National History Museum – Opera House – discover Thang Long Citadel at night; survey Thien Son – Suoi Nga tourist area, attend the opening “Ba Vi Tourism – Innovation and Development”.

At the press conference of “From Here onwards”, I felt the determination of Chen Xiangdong, the founder of GSX, that no matter what the circumstances, he will regard education as a lifelong matter. He came out of the mountains even more. Understand the importance of education to a person.

In my opinion, GSX’s name change to Gaotu is more about business focus. A single brand may also be the future trend. The author boldly predicts that the multi-brand strategy of another online education company, Good Future, will continue to shrink and form. Brand resonance, to save market costs.

So, what are the benefits of changing its name to “Gaotu” from GSX? What impact will it have on the company’s future?

Renamed “Gaotu” has many benefits

Many online education companies have changed their names. Earlier, “Xue Er Si” was renamed “Good Future”, and “Yue Tiku” was renamed “Yue Guidance”. These changes all mean changes in the company’s business. The renaming of “Gaotu” from GSX is no exception.

Gaotu Group stated that since Gaotu Classroom’s performance has accounted for nearly 90% of its annual report, “learning with who” can no longer represent the current business brand. In order to achieve better business focus and save marketing costs, a single brand can be better To serve the full-cycle needs of students.

The name change of GSX is not an isolated incident, and its business has been adjusted accordingly. As early as October 2020, GSX will integrate all its K12 businesses into Gaotu Classrooms, so that GSX’s business will be divided into Gaotu Classrooms focusing on K12 business, GSX focusing on adult business, and Focus There are three major sections of early childhood education for children aged 3-8.

Today, after the unified renamed Gaotu, the adult business has been renamed Gaotu College. So as to realize the unification of the group’s business name. The advantage of this is that when publicizing, there is no need to spread the publicity costs for the two brands of GSX and Gaotu, and only need to focus on one.

At present, the online education market is fiercely competitive, and the cost of acquiring customers has greatly increased. In the summer of 2020 alone, the investment of 10 online education companies will reach 10 billion yuan. Moreover, GSX’s marketing expenses in 2020 will also increase significantly, and saving marketing expenses has become a top priority.

In addition, GSX stocks suffered 16 short shorts and repeatedly made headlines in the media. However, in many short-selling reports, the short-selling organization does not even know that GSX’s main business is Gaotu Class. GSX uses real performance and audit reports to frustrate these short-selling, but every time it makes headlines, it exposes “learning with GS”, which is also a huge waste of brand exposure opportunities.

Therefore, the unified change of name to “Gaotu” will help investors identify its main business, and it will also help to unify the name in media reports, so that it can get free brand exposure opportunities.

Therefore, GSX changed its name to “Gaotu”, which is a wise move and has many benefits.

The name change is only the first step, the key lies in business innovation

The name change is helpful to the advancement of the Gaotu Group’s business. The future development of the company and the performance of the capital market will not only depend on the name change, but on the company’s steady operation and continuous innovation.

First, let the business focus again. Gaotu Group is not only the first profitable enterprise in the field of online education, but also the pioneer of a new business model for online education. The founder Chen Xiangdong distilled the secret of Gaotu’s success into two words “focus”.

In 2017, the company focused on “online live broadcast of large classes” and achieved a single month of profit in September. The “famous teacher’s classroom and online live broadcast of large classes” pioneered by Gaotu has always been the object of learning and reference from colleagues.

With this rename, Gaotu Group will once again focus on the full learning cycle of education. Through Gaotu Classroom, Gaotu Academy, and early enlightenment, it covers all stages of children’s intelligent learning, elementary school, junior high school and high school general subjects, as well as adult postgraduate entrance examination, language training, and vocational qualification training.

Secondly, Innovative live broadcast of large classes again, leading the development of the online education industry.

Gaotu pioneered the live broadcast of large-class classes, so when colleagues are flocking to broadcast large-class classes, what countermeasures does Gaotu have?

In this regard, Chen Xiangdong said that he hopes to provide students with personalized learning solutions, such as large-scale classes with famous teachers + precision small cooking classes + one-on-one tutoring, thereby redefining live large-class classes.

In order to achieve this goal, Gaotu Group will launch a local online school for Gaotu Classroom to realize localized products, localized enrollment, localized teaching and localized services. This means that the live broadcast of large classes will take root, with a larger scale and more detailed services.

once again, Embrace technology and do the education of the future. Faced with the development of new technologies such as 5G, AR, and VR, Gaotu Group will continue to embrace technology and launch the “Gaotu Singularity Research Institute” to empower education with technology and create a future education model. This includes the realization of immersive online education through VR technology, and the creation of platform knowledge graphs through AI, visual recognition, and voice recognition technology.

Therefore, after GSX Group changed its name, it not only got a new name, Gaotu Group, but also fully upgraded the company’s business focus and future innovation direction, reflecting the company’s ability to continue to innovate.

Conclusion

Currently, the online education industry is highly competitive and has broad prospects. According to Qi Xiuping, vice president of Gaotu, people’s learning cycle is constantly being lengthened. Paying users over the age of 50 account for 25.8% of them, and there are also those over 70. 1.2%, the adult business track is a new growth point for GSX after the rename of Gaotu.

As Chen Xiangdong said: “Education will always exist, and online education is new, nascent, and continuous.” It is precisely because we are in a sunrise industry, a high-growth industry, that there are so many capital and entrepreneurs. Come in. And education is not the kind of industry that can be effective in the short-term. It needs people with long-term spirit.

And I hope that, whether it is for GSX, the good future and New Oriental, or the ape tutoring and homework that will be listed in the future, the Chinese media will not be “stucked” by the United States as accomplices. Chips and education are what we want to continue. The field of innovation.

In April, on many streets of Hanoi such as Thuy Khue, To Huu, Nguyen Trai … lilies were covered with carts carrying flowers. Hanoi is in a hurry, and the stuffiness of normal days suddenly becomes poetic and romantic. For Hanoians, this is a gentle and pristine flower like a Hanoi girl, simple but elegant. Perhaps so, for a long time, the trumpet has entered the musical and musical poetry, and has become a symbol of the early summer days of the Capital. According to florists, at this time, the lilies are mainly like “ta trumpets”: the flowers are small and short, but when they bloom, the petals turn white, giving off a gentle fragrance. Lilies are popular because they are easy to care for, the bulbs are cheap and can be replanted. If well cared for, a tuber can have up to 15-16 flowers. According to many traders, lilies are usually planted mainly in September and October, but have to wait until April next year to be harvested. Lilies are very “sensitive”, outdoors the flowers must always be soaked in water to avoid wilting. Each petal is white and the sweet scent of the lilies is half as if to keep a little of the spring air, half bustling with the golden rays of early summer. Driving through roads such as Thuy Khue, Phan Dinh Phung, Lang Ha, Thanh Nien, … hardly anyone can hold back the pristine beauty, the gentle scent of the trumpet. People in a hurry are willing to stop by the roadside flower bouquets to choose to buy some beautiful lilies at the beginning of the season. Flower lovers also do not miss the opportunity to capture the capital’s poetic moments during the lilies season. Although coming quickly and quickly, the lilies season always leaves many problems, strangely remembered./.