It also plans to set up a supermarket chain, Hoa Sen Home, to sell building materials and furniture, and have 1,200 of them around the country in the next three-five years, when it targets $3 billion in revenues and VND3 trillion ($130 million) in profits. … [Read more...] about Steel giant targets 30 pct growth in profits
Hoa sen group
Many expectations for Vietnamese steel industry
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
Young Vietnamese build open resource aiming to generate positive social change
The students, all following the IPL Enlightened Leadership Program – a course with a full-tuition scholarship provided by non-profit liberal-education school OpenEdu Initiative, are planning these days to unveil a website with all their materials in mid-February. … [Read more...] about Young Vietnamese build open resource aiming to generate positive social change
The canine warriors of Vietnam’s border defense force
At 7:00 pm, the drug dealers, armed with pistols and rifles, were ambushed by the pack of military dogs after crossing a stream. Even the most hardened members of the group were frightened at the sight of the ferocious animals, and were unable to resist, Tiep said. … [Read more...] about The canine warriors of Vietnam’s border defense force
Founder of Got It wants to teach coding to Vietnamese children
“I am nurturing a plan on allowing children to become familiar with technology and to be trained in technology as soon as possible with the hope that in the near future, they will become a mighty technology workforce that can change the game,” Hung said. … [Read more...] about Founder of Got It wants to teach coding to Vietnamese children