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CT GROUP NEWS – WEEK 4 OF AUGUST 2024

CT GROUP

CT GROUP NEWS

UAV (Unmanned Aerial Vehicle):

+ CT Group researches and develops UAV interception dome system.

+ CT Group makes new progress in designing and developing telecommunications Chips.

+ CT Group develops UAV specializing in making Carbon Credits.

+ CT Group is seeking a location to develop a UAV base in the South.

Low Altitude Economy:

+ CT Group is constructing a theory for the Low Altitude Economy (LAE).

Realcoin Global (a CT Group member):

+ CT Group is integrating carbon credits into the Realcoin, bringing carbon credits closer to becoming a non-USD currency, a fairer new currency, digitalizing everyone’s contribution to protecting the green planet.

+ CT Group is deploying Realcoin in Bahrain (Middle East).

Carbon Credits (CCTPA – a CT Group member):

+ CCTPA has finalized many contracts, digitalizing carbon credit processes.

+ CCTPA is soon to announce exciting news: launching two carbon credit platforms in Vietnamese.

+ One automates carbon credit processes. One helps everyone buy, sell and consign carbon credits quickly and cost-effectively.
CCTPA announces criteria for selecting talents for the world’s hot industry: Carbon Credit.

+ Launching the UAV subsidiary – NetFly – specializing in carbon credit verification flights for Agriculture and Forestry.

Semiconductor (a CT Group member):

+ Semiconductor implements plan to build factories in Burano Song Than and the Ho Chi Minh City High-Tech Park. Soon to deploy a research center (lab) in Burano Song Than.

CT Modulex:

+ The Modulex non-emitting house is gaining global recognition.

+ Announces plan to build 2 natural showzones in Ninh Binh and Can Gio.

Metro Star Company:

+ Metro Star Company aims to become the No.1 Green TOD company in Vietnam.

+ Metro Star project 360 Vo Nguyen Giap: after nearly 3 years of waiting, the Investment Approval has been updated according to Decision No. 4498/QD-UBND and is promoting the update of 1/500 and Construction Permit. Expected to start mass construction in the upcoming 4th quarter of 2024, handing over houses in 2025.

CT Trains:

+ Ho Chi Minh City – Can Tho high-speed line: international consulting units are proposing technical options for dual-use, accommodating both freight and passenger trains with speeds above 300 km/h.

Trade:

+ Inauguration of the ASEAN – Middle East & North Africa Trade and Investment Promotion Center at 20 Truong Dinh, District 3, Ho Chi Minh City to serve all constituents.

ENTERTAINMENT

+ Mister World 2024 in Vietnam postponed, the main event takes place on November 23, 2024.

+ Quy Nhon Tourism Festival takes place from August 23-24 with many attractive activities.

+ Singer Son Tung M-TP releases a new album, attracting the attention of fans.

+ Miss Universe Vietnam 2024 increases the age of participation from 18-29 to 18-33.

+ International music festival in Da Nang attracts thousands of attendees.

WORLD NEWS

+ The US dollar weakens due to expectations of Fed rate cuts, the Euro appreciates.

+ Service inflation continues to hinder the process of reducing inflation, making monetary policy difficult.

+ Global financial markets fluctuate strongly, increasing concerns about economic recession.

+ The US Federal Reserve is expected to cut interest rates in September.

+ Japan’s trade falls into deficit, the Yen appreciates, dimming prospects.

+ Oil prices rise due to geopolitical tensions in the Middle East and supply concerns.

+ The Chinese government announces a new stimulus package to support growth.

+ The US real estate market cools, with house prices falling slightly in August.

+ The European Central Bank maintains stable interest rates, warning about inflation.

+ Technology stocks surge, led by AI and green technology companies.

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