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This profile was last updated on 2/11/12  and contains information from public web pages.

Mr. Pham Trung Cang

Wrong Pham Trung Cang?

Chairman of the Management Board

Tan Dai Minh Co.

Employment History

Board Memberships and Affiliations

  • Vice Chairman
    Viet Nam Plastics Association
  • Vice Chairman
25 Total References
Web References
Pham Trung Cang, deputy ..., 11 Feb 2012 [cached]
Pham Trung Cang, deputy chairman of VPA, said he warned that VND40,000 per kg was too high, and it had hiked prices and reduced the competitiveness of domestic producers.
When company buyers consider importing bags at a cheaper price, domestic bag producers could lose major clients.
Cang is also chairman of the management board of Tan Dai Minh Co.
VPA's vice chairman Pham Trung ..., 17 Feb 2012 [cached]
VPA's vice chairman Pham Trung Cang, said from the beginning his association's ideas contributing to the draft law had been ignored.
"The biggest problem is that manufacturers are all puzzled as the Ministry of Finance has yet to clarify which products will be levied with taxes and how they will be taxed," pointed out Cang.
The new law, which slaps an absolute tax sum of either VND30,000 or VND40,000 on each kilo of plastic bags or plastic packaging products, has pushed local companies into extreme difficulties, or even to the verge of bankruptcy.
"Tax collection has pushed up input costs and prices and this has dampened local producers' competitiveness compared to foreign ones," Cang said.
Cang noted a large number of foreign buyers having imported products from Vietnam had shifted to other neighboring exporters for lower prices, meaning the local plastic sector has been losing its large customers.
"If the environment tax aims at the plastic industry without any appropriate road map, it will deliver a deadly blow to industry players mired in the troubles," Cang warned. Local firms will suffer a huge loss which can eliminate the whole plastic industry's development, he added.
Pham Trung Cang, Deputy ..., 14 Feb 2009 [cached]
Pham Trung Cang, Deputy Chairman of the Viet Nam Plastics Association, Chairman of the Credit Council of Asia Commercial Bank, suggested that enterprises that need loans to upgrade or renovate machines and equipment should be added to the list of subjects for the interest rate subsidy program.Cang said that the investment in equipment will help force the production cost and sale prices down.
Meanwhile, at the joint stock Eximbank ..., 20 Sept 2012 [cached]
Meanwhile, at the joint stock Eximbank Vietnam, Chairman Le Hung Dung said the bank accepted the resignation of its Vice Chairman Pham Trung Cang for personal reason.
Cang represented a group of ACB shareholders who owned less than 10 percent of Eximbank's total equities.
The real estate market contained high ..., 7 Nov 2010 [cached]
The real estate market contained high risks since many investors had leveraged existing projects as collateral to finance new projects, said Asia Commercial Bank credit council chairman Pham Trung Cang.
Speculators were also financing the acquisition of homes and apartments in order to obtain additional capital for investment, allowing one housing project or unit to be used as collateral for a loan up to three times, Cang said.
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