BUSINESS IN BRIEF 22/4 Thailand’s leading retailer opens first store in Vietnam The grand opening of the “Robins”department store in Tos Chirativat, Chairman of the Executive Council and CEO of Central Group,said that “Therefore, Chirativat highlighted that Additionally, foreign investment inflows into At the opening ceremony, Alan Thomson, President of Robinson Department Store Public Company Ltd, said that this is the first time a trade centre like Robins has been opened outside ofThailand. The Centre covers an area of 10,000sq.m, and is located in the Royal City Trade Centre in The Royal CityTrade Centre has attracted over 100 famous brand names such as M.A.C, Clinique, Lancome, Body Shop, F&F, Mc Jeans, Samsonite, Giordano and Pacific Union. From now till April 30, Robins has implemented a discount programmewith savings of up to 50% off on hundreds of products. Customers also have an opportunity to receive valuable promotional gifts such as a Yamaha motorbike, a tour of three days and two nights at Centara Sandy Beach Resort Da Nang. Customers can find more detailed information about the programme at the website www.robins.vn or www.facebook.com/RobinsVietnam. Rice exports to Many leading export firms and market analysts are reporting that In the past, Chinese traders often delayed rice purchases to take advantage of downturns in the price, analysts report. However, with the According to analysts, geographical factors are also a very important factor which has contributed to make In terms of transport costs, Vietnamese rice is US$10 per tonne lower than Thai rice. Newly merged banking giant on the cards Maritime Bank shareholders have agreed with the bank’s plan to merge with smaller Mekong Bank to create one of the five biggest banks in Maritime Bank held a congress for its shareholders on April 19 and reached a consensus on the merger with Mekong Bank. Dao Trong Khanh, Vice Chairman of Maritime Bank, said the two banks have completed initial steps towards the deal, which is due to be submitted to the State Bank of Vietnam (SBV) for approval. At present, Maritime Bank has chartered capital of VND8,000 billion, while its partner - Mekong Bank – owns VND3,750 billion with nearly 300 transaction offices nationwide. At an April 15 congress, Mekong Bank also received strong support from its shareholders for a merger deal with Maritime Bank. Once merged, the new bank is expected to sharpen competiveness and fully tap potential to earn more profit. Pottery, porcelain exports increase High demand has led to an increase in The department stated that in the first two months of this year, the nation had a year-on-year surge of 9.52% in the export value of pottery and porcelain products reaching US$77.6 million. During the first two months, 12 out of the 21 export markets for the products reported a growth in export value, including The growth in export value in those markets increased the total export value of pottery and porcelain products during the first two months. The export value of pottery and porcelain products to In the first two months, However, some markets saw a decrease in export value of those products, of which exports to Experts in the pottery and porcelain industry said export markets, such as Vietnamese pottery and porcelain products, expanded because of their superior designs and the high quality of the products. The national exports of pottery and porcelain products increased also due to an export recovery noted in the Dong Nai province. According to the Dong Nai Fine Art Porcelain Association the recovering global economy has led to increased retail sales and construction activities. Also, since the end of 2013 the province's pottery and porcelain products have recorded an increase in export volume to its traditional markets, especially black porcelain items made in Bien Hoa that sell well in the US market, said association officials. Additionally, the pottery and porcelain export companies have so far received export orders from new markets. The associations said porcelain producers in the province have planned to expand their export markets to potential countries in Europe and Large porcelain export companies in Dong Nai include Taicera Pottery and Porcelain Industrial Joint Stock Company, Pancera International Joint Stock Company and Viet Thanh Pocerlain Joint Stock Company. Most modern radial truck tyre factory inaugurated in Binh Duong Deputy Prime Minister Hoang TrungHai on April 19 cut the ribbon to inaugurate an all-steel radial truck tyre factory in the southern Covering 120,000 sq.m in the Nam Tan Uyen Industrial Park , the factory, the most modern of its kind in Vietnam, was built at a cost of VND3.38 trillion (US$161 million). Co-invested by the Vietnam National Chemical Group (Vinachem) and the Southern Rubber Industry Joint Stock Company (Casumina), the plant is capable of producing 1 million units per year. Its aims at both domestic and foreign markets such as the Middle East, South Asia and Southeast Asia, the US, North America and Europe. Speaking at the ceremony, Deputy PM Hai urged the investors to do more to ensure the factory will operate effectively. Businesses honoured for excellent trade services One hundred and twenty businesses were presented with the Vietnam Top Trade Services Award in They beat hundreds of other businesses through dossier appraisals and fact-finding tours by the jury. The award is to honour businesses specialising in 11 trade service groups, including the environment, distribution, finance, construction, information, travel, transport, health care, education, and culture-entertainment. Speaking at the ceremony, Deputy Minister of Industry and Trade Do Thang Hai thanked the award recipients for their outstanding efforts to renovate management and technology and excel in performance, contributing to national economic development. The event, organised by the Ministry of Industry and Trade, was part of activities to mark New project to lift Tra fish sustainability The Prime Minister has approved a new project to implement a sustainable supply chain for the Tra fish (pangasius) industry. The project is funded by the European Union under the Switch-Asia network of the EU and implemented by the Vietnam Cleaner Production Centre (VNCPC). It is designed to help The EU will directly support the whole supply chain, bringing The project will be implemented over four years (2013–2017), focusing on increasing production capacity, enhancing product quality, and reducing environmental impact and cost of production through applying Resource Efficient and Cleaner Production (RECP) standard. It also helps Vietnamese small and medium enterprises exchange information and apply sustainable standards including ASC and GlobalGAP, towards sustainable production in order to improve the competitiveness of the Tra fish industry on the world market. Spanish Footwear Producers Federation (FICE) statistics show Vietnamese footwear exports to Over the years, Last year, No bad effects from EU-Vietnam forest law deal The Forest Law Enforcement, Governance and Trade/Voluntary Partnerships Agreement (FLEGT/VPA) now under negotiation between Speaking at an April 18 consultation seminar on the pending agreement, Nguyen Tuong Van, Deputy Director of VAF’s Department of Science, Technology and International Cooperation made clear that the content of the agreement does not surpass the EU Timber Regulations that took effect last March. Therefore, the FLEGT/VPA will not raise production costs while helping businesses raise their governance capacity. According to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan, the EU has agreed that the FLEGT/VPA is built on the basis of Regarding the progress of the FLEGT/VPA negotiations, Van from the VAF said the two sides have finished negotiations on most technique-related appendices and reach basic agreement on the appendices on the list of commodities covered by the deal, and necessary conditions for Vietnamese exporters to gain a FLEGT certificate. She added that the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) Management Authority of Vietnam is intended to be in charge of granting the FLEGT certificate. The two sides hope to sign the agreement in October this year. It is expected to provide a legal framework and regulations on wood exports to the EU, thus maintaining Int’l handicrafts fair attracts foreign businesses Businesses from 12 countries are exhibiting their handicrafts, timber products and souvenirs at an international fair which opened in Of particular interest are displays of distinctive handicraft products from The fair also includes a design contest on durable products, to encourage businesses to innovate and improve designs. Do Nhu Dinh, Chairman of Vietnam Handicraft Exports Association, said the fair has been promoted in many countries around the world, and importers have been offered special incentives to come and seek partners. The event has so far received nearly 2,000 customers from 32 countries and territories, including Japan, Europe, the US, Australia, Canada, Chile and Mexico. Last year, handicraft, timber products and souvenir export earnings reached US$6.5 billion, including US$1.5 billion from handicrafts and US$5 billion from wood and timber products. Many of the products have high competitive edge and have aqquired a firm foothold on international markets, such as bamboo, ceramics and outdoor furniture. The fair will run until April 24. Trade with Key export items were footwear, seafood, garment, electronic components, coffee, and means of transport, with footwear topping the list, accounting for 28.38% of total export revenue. Products attaining high growth included computers, electronics and components (US$31.07 million, up 87.19%) and garments (US$26.72 million, up 84.36%). However, footwear and coffee saw a decline in export value. The Vietnamese Trade Office in Japan’s Kawada Group will invest in Vietnam’s Thanh Long Steel Company based in Hung Yen province to produce high-tech steel in Vietnam. Group President Tadahiro Kawada revealed the plan at a working session with managers of Thanh Long Steel Company on April 17. Kawada spoke highly of Thanh Long’s potential and capacity for a specific cooperation agreement on high-tech steel production between the two businesses in the near future. He said Kawada is the leading Japanese steel maker specialising in advanced production and management technologies, and it will transfer new technologies to Thanh Long Company. Tran Dinh Thien, Director of Vietnam Economic Research Institute, noted cooperation capacity between domestic and foreign businesses remains weak, particularly in the mechanical engineering industry. He said cooperation between Thanh Long and Kawada will help the Vietnamese partner produce large-sized steel composition to serve the modern industry in the future. Vu Thanh Long, Director General of Thanh Long Steel Company, said his company will work closely with Kawada in producing high-tech steel, developing human resources and transferring technologies. Established in 1995, Thanh Long Company has taken part in many major projects across the country, such as My Thuan Bridge in Tien Giang, Businesses seek to penetrate Businesses are advised to study the cultural tradition, religious customs and political system of the Addressing an April 18 seminar in Huy, who is head of the Africa, Processing shrimp according to Halal standards to export to However, they impose strict requirements on imported food, for example Halal certificate. To obtain such certificate, businesses must follow regulations on food processing. For instance, meat must not be pork or related products, and it must be slaughtered by Muslim people. Wine and other alcohol products are never granted Halal certificate. Local businesses can apply for Halal certificate at relevant agencies in Last year, Steel imports rise in first quarter According to Vietnam Customs statistics, The Vietnam Steel Association (VSA) reported that its members consumed 570,000 tonnes in March, rising by 60% from the previous month, up nearly 26.5% against last year’s corresponding period. In the reviewed period, steel consumption volume in the local market hit approximately 1.2 million tonnes, or 5.7% higher than the same period last year. As a result, the inventory level of the domestic steel industry reduced to less than 260,000 tonnes. Recently, the Ministry of Industry and Trade (MoIT) has coordinated with the Ministry of Science and Technology to apply national technical standards, aimed at supporting local producers, increasing inspection on imports, and preventing trade fraud. The Finance Ministry also asked customs offices to keep a tight grip on the import of steel products. Phu My 3 celebrates decade with Labour Order Phu My 3 Company Limited celebrated its 10th anniversary of Over the past ten years Phu My 3, Over the last decade the company has generated 47.22 billion kWh for the country’s power grid. “We are honoured to receive this medal from the president on the occasion of our 10th anniversary. This marks an important milestone in the course of our operations and development in “The company will continue to work harder and contribute further to the country’s development to be worthy of this achievement,” Canh affirmed. He also said that to meet The company, in coordination with a number of government agencies, has successfully implemented a number of community development projects in the area, such as sponsoring heart and eye surgeries for the poor, awarding scholarships, building gratitude houses and contributing to road safety projects. Supermarkets hit pay dirt with own brands Whenever she shops at a supermarket, Pham Thu Phuong of District 7, Here, she buys stuff like soaps, shampoos, beverages, and noodles. She has had the habit of buying supermarkets' own brands for nearly a year now after being tipped off by a friend that they are cheap and as good as other brands. These are made by producers for a supermarket and sold under the latter's own labels and are the rising stars on the market at a time of economic gloom since they offer customers alternatives at low prices and good quality. Many supermarkets in Khuat Quang Hung, head of general affairs and corporate communications for Metro Cash & Carry Viet Nam, said the German wholesaler owns seven brands, including Aro, Fine Food, H Line, and Horeca Select, which account for 10 per cent of its stocks. Customers are increasingly turning to its brands as they tighten their purse strings, he said, adding Metro plans to double their volume to 20 per cent by 2015. A source from Big C said at the French supermarket around 5 per cent, equivalent to 1,000 products, are its own. Other supermarkets like Co-op Mart and Lotte Mart also sell hundreds of such products. Hung said: "The price is often 5-20 per cent lower than normal products because there is no need to pay for distribution and advertisement. "More importantly, the quality is comparable because the supermarket's partners are strong and experienced producers. When they tie up with supermarkets, producers can take their products to many provinces around the nation and even abroad." Huynh Ngoc Diep, marketing director of 584 Nha Trang Fishery JSC, said supermarkets' own-brand products help producers diversify their customer base as well as make use of their redundant capacities. Labor supply-demand gap wide in Q1 Although both labor supply and demand increased in the first quarter of this year, there was still a wide gap between them, according to the country’s leading online recruitment provider VietnamWorks. VietnamWorks’ latest report showed that the recruitment demand in the first quarter grew 11% year-on-year while the labor supply rose at a slower pace of 8% in the period. There was an imbalance between supply and demand for the two groups of fresh graduates and experienced employees who are not managers. These groups accounted for 66% of the total demand but up to 75% of the supply. Jonah Levey, chairman of VietnamWorks, said inexperienced job seekers were fighting it out for a limited number of jobs while employers found it difficult to look for senior employees. The situation did not change compared to last year, indicating that Vietnam’s labor market was growing steadily in number but the quality of candidates has not improved as expected. Job seekers faced fierce competition for low-level places at companies, and each had to compete with 101 other candidates for a position in the January-March period, according to VietnamWorks. The competition ratio is three to five times higher than that for entrance examinations of the country’s leading universities. This reflects how tough job seekers have to cope with for low-level positions at enterprises. To help job seekers find their jobs as wished and employers find skilled employees, VietnamWorks will organize a major career event entitled the Boulevard to Success in HCMC on May 10 and In related news, 91 companies, centers and schools joined a third job bazaar of the HCMC Job Placement on Tuesday to look for more than 2,000 candidates. Applicants had more opportunities to find jobs in garment, sales, business management and office area. The center plans 17 more job bazaars for this year in different locations in HCMC help people find jobs. More than 1,140 candidates landed jobs at the two previous bazaars. Quang Binh province attracts US$1 billion in investment The local authorities granted investment licenses to 13 projects. The Sungroup invested VND 5,000 billion in tourism project in Phong Nha-Ke Bang and Bao Ninh-Hai Ninh. Vetnam National Textile and Garment Group (Vinatex) invested in three projects worth VND 500 billion. Truong Thinh Group Joint Stock Company invested in The provincial People’s Committee signed five memorandums of understanding with domestic and foreign investors such as Vinatex, Petrolimex Laos, and Vietnam Rubber Group. Deputy Prime Minister Nguyen Xuan Phuc highly appreciated the province’s success in attracting investors, creating opportunity for businesses to complete their projects, and cooperating with investors in 600 files register online-business The HCMC People’s Committee received 600 applications for Internet-based businesses. They are processing about 30 per day. Businesses registering for new licenses have increased compared to the same period in 2013. About 5,200 businesses have been issued licenses registering in VND 25,813 billion, an increase of 8 percent of businesses and 47 percent of registered capital compared to the same period last year. About 8,600 businesses registered to increase capital of VND 25,903 billion. The total of registered and added capitals are VND 51,717 billion, an increase of 3 percent compared to the same period last year. Drastic changes in store for railway system The Ministry of Transport has vowed to take drastic measures to restructure and improve the country's stagnant rail sector. It is said that Vietnam Railways holds a monopoly over the sector, controlling both infrastructure and the business. Nguyen Xuan Thuy, an expert, said he was surprised when Vietnam Railways reported a VND170 billion (USD8.1 million) profit in 2013. Thuy said the state provided VND2 trillion for infrastructure development maintenance, while the company only contributed VND1 trillion to the state budget. "It's a loss, not a profit," he said. Another expert said that Vietnam Railways is highly vulnerable to corruption, as they use the maintenance fund to award contracts to one of their subsidiaries without bidding and regardless of the cost. In addition, Vietnam Railways even allows unlicensed companies to rent their train cars. At a conference last year, the deputy minister of transport, Nguyen Ngoc Dong, said that Vietnam Railways is a corporation, not a ministry, and that this reveals various management problems in the government. Dong said they are carrying out various measures to restructure and equitise Vietnam Railways. The Prime Minister also demanded that authority to manage railway infrastructure and business be spread out to different entities, encouraging private firms and individuals to invest in the sector. Even though the Ministry of Transport asked Vietnam Railways to upgrade its stations last year, the operator sent a request to build new roof and service buildings for the stations on January. The Minister of Transport Dinh La Thang then reprimanded Vietnam Railways for being slow, and assigned them a number of specific tasks such as improving the price of tickets, services on board and dirty stations. Previously, Thang reprimanded many leaders of Vietnam Railways for playing golf most of the time instead of working. "Playing golf is everyone's right. But it's another matter if their work is not done," he said. Thang agreed to not let Vietnam Railways manage both the railway infrastructure and business. New Circular of Housing Law takes effect The Ministry of Construction’s Circular 3 Housing Law will take effect starting April 8, replacing the controversial Circular 16. Apartment prices will slightly change because instead of calculating area from the center of the wall, only usable area will be calculated. Although the apartment areas will be calculated smaller, the prices increase but the payment is unchanged, said Doan Chi Thanh, director general of Hoang Anh Sai Gon Real Estate Company. The regulation may cause confusion for sold apartments because the area in the contract will be larger than in the ownership certificates, said Pham Ngoc Lien, director of the Land Use Right Registration Office under the HCMC Department of Natural Resources and Environment. He proposes solutions to deal with the issue. The ministry also provides a new form in housing contracts. Sellers and buyers must comply with authorized agencies to grant ownership certification. Some investors have appropriated the 2 percent maintenance fee instead of handing over to management boards. Buyers will now pay the fee to sellers or investors before receiving ownership documents. The investors will deposit this money in their bank accounts with non-term interest rate within one week after collecting the fee. They will be required to transfer this money with the interest rate to the apartment block’s management board 30 days after the board is set up by district people’s committee. Apartment investors have the right to stop supply of water, electricity and other convenient services if dwellers break the Ministry of Construction’s bylaws on apartment use and the apartment block’s internal rules. In the case of buyers transferring their contract to third parties before receiving apartments, investors will have to do so without collecting any fee from the assignors. Major airlines to expand operations in foreign markets Several major airlines in Vietnam Airlines currently holds 40% of the market share in international routes. The national- flagship carrier plans to open several international flight routes this year, including several routes to Japan such as The airline plans to increase the frequency of several international routes in order to meet increasing market demand such as According to Vietnam Airlines, there is currently a fierce competition in the international aviation routes to Jetstar Pacific Airlines (JPA) also plans to expand their operations in foreign routes. “We’ll launch two new flight routes to Macau at the same time including According to Ha, these are the busiest flight routes in the Southeast Asian region but they are facing fierce competition with several strong international rivals like Singapore Airlines, Thai Airways, Cathay Pacific, and Air Asia. In order to prepare for the plans, JPA has been speeding up its restructuring process over the past year. It has changed the old Boeing 777- 400 airplanes to more popular Airbus 320 in order to save expense and to increase its competitiveness. Meanwhile, VietJet Air (VJA) will launch many new international flight routes with duration time of less than three hours to Flight routes to Initially, VJA is considering increasing the frequency of the Recently, VJA has signed a major contract to buy and hire a total of 100 new A320 airplanes from Airbus. The delivery will be conducted from now onto 2024. The Civil Aviation Administration of Vietnam said that all airports in the country welcomed over 40 million passengers including 29.5 million passengers carried by local airlines in 2013. To date, 45 foreign airlines have opened flight routes to VCCI and Microsoft sign cooperation deal Today, the Vietnam Chamber of Commerce and Industry (VCCI) and Microsoft officially signed a Memorandum of Understanding to cooperate in building awareness for small- and medium-size enterprises (SMEs) of adoption and implementation of IT, especially in term of equipment and cloud computing technology to optimise potentials of these enterprises. The both sides will jointly implement practical supporting programmes to help SMEs and businesswomen to maximise their potentials and to be able to turn their ideas into reality, as well as support SMEs create added value in agriculture supply chain through IT applications. Additionally, Microsoft will cooperate closely with VCCI to study and propose a roadmap to enhance IT applications and cloud computing technology to improve productivity of VCCI. Speaking at the MoU signing ceremony, Pham Thi Thu Hang, general secretary of VCCI said: ‘The MoU signing ceremony with Microsoft today marks a new stage of development for VCCI in delivering supports in more effective and practical ways to SMEs in Vietnam. We expect, through this cooperation, there will be more successful SMEs, contributing to the socio-economic development of the country.” According to VCCI, the majority of the total registered enterprises operating under the Enterprise Law, SMEs sector plays a crucial role in the IT application in activities of SMEs in Understanding these limitations, in the framework of the MoU today, Microsoft emphasised the cooperation with VCCI to offer and propose the most appropriate cloud computing solutions to support SMEs in maximising their operation with reasonable cost. “Microsoft Through the cooperation with VCCI, mission to optimise growth potentials of SMEs again show a stronger commitment of Microsoft in supporting the government of Agency cracks down on tobacco smugglers The Market Management Agency under the Ministry of Industry and Trade has launched a probe into cigarette producers as part of attempts to curb smuggling. The spot checks will go from April 1 to June 6 and cover the whole country with emphasis on major cities such as Nguyen Trong Tin, deputy head of the Market Management Agency said that the agency along with appropriate authorities check tobacco business in trade centres, supermarkets, restaurants, tobacco stores and bars. "The agency will strictly deal with violators. If the units are fined on several occasions, we will withdraw their business certificate for one to two years," added Tin. Tin shared that the agency was also working with military forces and customs to check potentially smuggled cigarettes in border areas such as the northern border in Quang Ninh, southwest provinces along the Cambodian border and the Mobile checkpoints will patrol routes often used by smugglers. In addition, public awareness will be raised about the issue. However, according to Tin, the checks still faced obstacles because of the sophisticated nature of smuggling operations and slow issuance of warrants. According to figures from the Ministry of Industry and Trade, more than 6.8 million packs of smuggled tobacco have been intercepted with the Market Management Agency confiscating 1.5 million packages in 2013 and the first three months of this year. Vietnam-EU FTA to benefit enterprises in Vietnam An upcoming free trade agreement with the European Union will benefit many enterprises in David O’Sullivan, EU diplomatic representative, said the Vietnam-EU Free Trade Agreement (FTA) was prompting many multinational companies to invest in According to a March-released Mutrap report on a sustainable impact assessment of the FTA, by 2020, tariffs on footwear will be reduced to 0 per cent from the existing 12.4 per cent. Locally-owned Hung Yen Garment Joint Stock Company is optimistic about the effects of the FTA. Last year the company’s export turnover from the EU was $21 million. “If the average export tariff is slashed to 0 per cent thanks to the FTA, this figure will be far higher,” said the company’s general director Nguyen Xuan Duong. The local textile and garment industry last year earned an export turnover of $2.7 billion from the EU. If the FTA is agreed upon, this figure may rise to over $3 billion. Also according to the report, a zero tariff rate will be applied for at least 90 per cent of wooden products exported to the EU. With the local wood sector’s export turnover of $756 million last year from the EU, the tariff reductions from the existing average of 20-25 per cent would also greatly benefit the industry in the coming years, according to the Vietnam Timber and Forest Product Association. The report emphasised that regarding the electronics sector, reducing tariffs will have an impact on volumes and prices of electric products imported from Regarding the motor sector, Claudio Dordi, the EU-Mutrap team leader for a European trade policy and investment support project, stated that negotiated reductions in tariff barriers alone would increase The FTA would enable Likewise, imports from the EU will increase by 25-35 per cent, reflecting the greater reduction in tariffs. Currently, the EU is EU exporters to The FTA’s seventh round of negotiations concluded last week. “ Successful leased offices still rely on basic values Office for lease landlords in According to Nigel Smith, managing director of CBRE Hong Kong at the office leasing seminar in “You only get effective business from an office building when you can balance these elements,” Smith told VIR. Smith’s comments were made in the context where landlords in “Of most importance is cost effectiveness. That means if the landlord wants to successfully maintain their buildings, it is about finding the right rental level but at the same time they also have to create the right environment. Creating this environment sometimes will increase the rental fees, so finding the balance between rental and occupancy is something building owners should be aware of,” he said, adding that landlords should think about branding and how to make the property stand out from the crowd. According to Smith, during the golden period for office leasing in the 1980s and 1990s, investors often emphasised strategic location to raise the value of their buildings. However, in the recent context, they have switched to stressing stability and the working environment. “One way to do this is in the arrival experience, which has become vital for companies when considering real estate options. The way people socialise and work is completely different today and landlords who design their buildings to accommodate this new breed of employee will ultimately attract more tenants,” Smith said. “Containing and reducing costs is still common practice and for many companies they can only achieve this through either a reduction in floor area, a drop in quality or decentralisation,” he added, noting that savvy developers can help tenants achieve savings simply by providing a more efficient working environment, not just on the office floors but also in the common areas and facilities a project has to offer. Developments such as the Lotte Hanoi Centre and Vacant office space in Source: VEF/VNA/VNS/VOV/SGT/SGGP/Dantri/VIR |
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