Blogs

Late 2012 and early 2013 busy time for Microsoft

We have seen a very busy times in the end of 2012 & early of 2013 for Microsoft in some great event such as Windows 8 / Surface tablet debut, Windows 8 mobile phone introduction, Office 2013 shipped out to its customers...
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VN Shrimp Shippers' POR 6 Final

Further to the final POR 6 rates for VN shippers issued on, a memo issdued on Nov 5, 2012 with revised rate for Minh Phu as 0.53% instead of 1.27% it due to DOC  mistakes.

This will all affect to other separate-rate companies, now the rate is at 0.88% intead of 1.15%. This change will be effective since it is published in th e Federal Registrar. See (1) (2).

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A Look at the FDA Registration Renewal

Well, FDA requires that new food facilities have to register, and for the ones which are already in operation, their owners have to renew the facilities once every 2 years (on the even year), starting from now on (2012). 

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FDA Facility Registration Renewal

The official time for facility renewal with FDA this year is today Oct. 22, 2012, starting from 12.01 AM.

This is a little later than the expected date fixed for the first time this new rule applied.

Just for the industry understand the rule, a FAQ has been prepared and posted on FDA website (http://www.fda.gov/Food/FoodSafety/FSMA/ucm314178.htm#new). For facilities already registered additional information is needed, such as email of the facility head, the US agent, his guarantee that the FDA can inspect his / her facility should it be necessary as decided by FDA.

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2012 First Dividend Distribution

On October 8th, 2012 Sea Minh Hai announces to the company shareholders the 1st 2012 profit distribution schedule.

This time a 10% of share-face value (VND 1000 per share) is paid to shareholders who are on shareholder list fixed on Nov. 19, 2012, and dividend will be paid from Oct 22, 2012 to Nov 16, 2012 latest.

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Announcement on Shares Issuing Plan

Further to the charter capital raising plan already posted in SMH website, today Sea Minh Hai has issued an announcement of its plan to offer shares to the public (2,500,000 shares issued publicly, of this 1,100,000 shares as bonus shares given to its current shareholders, and the other 1,400,000 shares will be sold to its current shareholders).

The plan set the registration time to buy/pay for the shares is from Oct 22, 2012 to Dec. 17, 2012. For current owners who would like to sell/ buy the rights to purchase new shares, he should complete it from Oct 22, 2012 to Nov. 16, 2012.

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SSC has approved the Sea Minh Hai's 81 VND Bill. charter capical raise-up plan

SMH has today Oct. 2, 2012 received official decision from SSC to approve the company plan to raise the charter capital from VND 56 billion to VND 81 billion.

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Re-registration of food facilities

FSMA (Food Safety  Modernization Act) is the new act signed by President Obama on Jan. 4th, 2012 so that it "enables FDA to better protect public health by strengthening the food safety system".  It amends the Section 415 of the Federal Food, Drug, and Cosmetics Act. It requires food production facilities, foreign or internal,  to register with FDA.

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Sea Minh Hai's POR 6 Dumping Rate

At the POR6 review, the DOC's final dumping rate for Sea Minh Hai, which is a separate rate company, is 1.25 per cent.

The result has been widely made public on Sept. 6, and detailed rates for each groups are as follows.

A. Mandatory respondents:

1. Minh Phu group (Minh Phat, Minh Phu, Minh Qui, Minh Phu Hau Giang): 1.27%
2. Nha Trang group: 1. 23%

B. Separate rate companies: 1.25%

C. Vietnam wide companies: 25.76%

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Địa dư:

SMH Labor Union General Annual Meeting

In the morning of August 25th, 2012 the SMH Labor Union held the annual meeting in Bac Lieu Province CP Committee's Guest House (No. 8 Ly Tu Trong St., Ward 3, Bac Lieu City). 70 Labor Union Representatives from the 3 company units (Head Office and 3 factories) have attended the Meeting. Also present at the meeting are the upper Bac Lieu Labor Union Representatives, Mrs. Yen & Mr. Hoi.

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