Development associates

On the occasion, the Young Entrepreneur Association in Di An Town presented VND200 million (US$ 8,675) to support the poor in the town as well as build two charitable houses each worth VND50 million and 20 bicycles to needy children with good academic performance. … [Read more...] about Additional US$1 million funding established to aid startups in Binh Duong

Representatives of Finland and Vietnam shake hands at the signing of the bilateral framework agreement on the use of the Public Sector Investment Facility on January 21 - PHOTO: EMBASSY OF FINLAND IN HANOI HCMC – Finland will provide over US$100 million for public investment projects in Vietnam starting this year, under a bilateral framework agreement on the use of the Public Sector Investment Facility (PIF) funded and guaranteed by the Finnish Government. … [Read more...] about Finland to provide US$100 million for public investment projects in Vietnam

Impressive profits According to the business result of Vietnam Steel Corporation (VNSteel), the company exceeded its plan last year, with some main targets even posting slight growth compared to the previous year. Specifically, the company achieved a net revenue of more than VND78.17 trillion last year. Of which, the parent company got VND2.48 trillion, equal to 163.8 percent of the plan for 2020. Pre-tax profit reached VND891 billion. Total consolidated revenue hit VND30 trillion, achieving 100 percent of the plan, and pre-tax consolidated profit touched VND260 billion. This year, the company plans to produce more than 2.5 million tons of steel billets, up 6.5 percent compared to last year. Similarly, Hoa Phat Group is the leading enterprise in the construction steel segment, increasing its market share from 26.2 percent in 2019 to 32.5 percent in 2020. In the steel pipe segment, the two largest enterprises - Hoa Phat and Hoa Sen - raised their market shares from 31.5 percent to … [Read more...] about Many expectations for Vietnamese steel industry

The VET by EHL programme is a blended skills training model based on a Swiss competency framework. The curriculum emphasises practical learning, designed to enable graduates to be work-ready upon completion. The flexible programme structure targets students and professionals at different levels in their careers, focusing on the application of skills through real-world learning and internships. All learning content is developed by EHL in Switzerland, encouraging a stimulating and interactive teaching style. Speaking about the co-operation, Cityland Education said that partnering with EHL, the best hospitality school in the world, confirmed their confidence in the tourism potential of Việt Nam. “Our collaboration with EHL is a common answer to the current aspirations of the Vietnamese hospitality industry, and the service industry in general, to upgrade the skills of its professional workers and therefore improve our customers’ experiences while visiting … [Read more...] about Cityland Education, EHL to train hospitality professionals

Khanh also advised professional investors to invest in banking stocks at the moment given good bank indicators, such as Price to Earning Ratio (P/E) and Price to Book Ratio (P/B). Investors can consider some banks with low valuations and good asset quality, as well as banking stocks with future growth. In particular, they need to focus on banks that prioritize asset quality control rather than short-term profit growth. … [Read more...] about Banking stocks spearhead market rebound