The Phenikaa-X fanpage recently announced that, in light of the current complex flood situation, their drone team is ready to support the affected areas. Phenikaa-X drones have long-range reconnaissance and surveillance capabilities, providing accurate and timely information for rescue operations in flooded areas.
Phenikaa-X is a member of the Phenikaa Group, owned by entrepreneur Ho Xuan Nang. Established in 2021, Phenikaa-X is a leading company in technology and automation services in Vietnam, with products including autonomous minibuses, drones, AGVs, and assistant robots.
One of their notable products is the recently delivered AMR Pallet Mover robots to the Samsung Electronics Thai Nguyen Factory (SEVT). These robots can carry loads of up to 1,000 kg without human operation and can automatically navigate, retrieve, and transfer goods.
According to Master of Science. Khong Minh, Head of Robotics at Phenikaa X, one AMR Pallet Mover robot can replace six laborers and work continuously for 8-10 hours, requiring only a brief 2.5-minute break to change batteries.
The Phenikaa Group, owned by the prominent businessman Ho Xuan Nang from Nam Dinh, boasts a diverse ecosystem with dozens of member companies spanning key sectors, including technology, industry, scientific research, and education.
Among the notable enterprises in the group is Vicostone Joint Stock Company (HSX: VCS), owner of the renowned quartz stone brand, Vicostone. This company has not only made a name for Ho Xuan Nang but has also secured his place among the country’s top stock market billionaires.
In November 2019, the Phenikaa Group officially launched the Phenikaa University (formerly known as Tay Hanoi University) and the Phenikaa Innovation Fund with a scale of VND 1,000 billion.
The group has also ventured into real estate with the Skyline West Lake project, a complex of offices, hotels, and luxury apartments located on Vo Chi Cong Street, Tay Ho District, Hanoi.
In addition to Vicostone, Chairman Ho Xuan Nang is also associated with several other companies, including Phenikaa University, Phenikaa Education Investment Joint Stock Company, Phenikaa Inspection and Certification Joint Stock Company, Phenikaa Electronics Joint Stock Company, Phenikaa Research and Technology Institute, and Phenikaa-X Joint Stock Company.
Optimizing Real Estate Transactions: Curbing Inflated Prices and Market Disruptions
The Ministry of Construction has urged local authorities to implement stringent measures to regulate the construction of residential buildings within land-use business projects that already possess technical infrastructure in the form of subdivided lots. The aim is to curb speculative behavior, such as land hoarding, rapid reselling, and price manipulation, which can distort the real estate market and create misinformation.
“Eurowindow Holdings Reports Six-Month Profit Quadruples, Liabilities Exceed Equity”
Eurowindow Holding, a member of the prestigious Eurowindow Group, has announced impressive financial results for the first half of 2024. The company reported a remarkable after-tax profit of 96.6 billion VND, more than quadrupling its earnings from the same period last year. This achievement is even more impressive considering Eurowindow Holding’s payable debt, which has increased to over 8.8 trillion VND, surpassing its owner’s equity by 1.1 times.
The Ministry of Construction Flags Unusual Property Price Hikes in Hanoi’s Real Estate ‘Hotspots’
The Hanoi apartment market has seen an unusual surge in prices, with certain projects and individual properties in districts such as Tay Ho, Hai Ba Trung, Ba Dinh, and Hoai Duc experiencing a significant hike. This anomaly has caught the attention of the Ministry of Construction, who have noted that these prices are out of step with the broader market and the needs of the local population.
The Vice Prime Minister Meets with Leading Hong Kong Conglomerates.
On the afternoon of September 10, immediately upon arriving in Hong Kong, China, to attend the 9th Belt and Road Summit at the invitation of the Chief Executive of the Hong Kong Special Administrative Region, Mr. John Lee, Vietnam’s Permanent Deputy Prime Minister, Mr. Nguyen Hoa Binh, met with leaders of several of Hong Kong’s foremost business groups, which have significant cooperative investments in Vietnam.