National community development association

Fishermen receive national flags and President Ho Chi Minh's portrait Speaking at the event, Deputy Political Commissar of the provincial Border Guard Command Col. Le Van Anh said the activity is part of the program “For the sea and island sovereignty of the Fatherland” to encourage residents in border areas and fishermen to firmly safeguard border sovereignty and security, make achievements in celebration of the 13th National Party Congress. … [Read more...] about National flags, President Ho Chi Minh’s portraits handed over to fishermen

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

To ensure sustainable development of enterprises, Hanoi has directed all departments and sectors to focus on synchronous implementation of solutions to overcome difficulties and resolve challenges for enterprises in their trade and production activities. The capital city has also promoted budget spending in order to implement support programs and policies and enhance knowledge and administration for businesses, as well as strengthen training of human resources for small- and medium-sized enterprises (SMEs) owned by women. … [Read more...] about Hanoi targets growth of SMEs, jobs for women

Ville Skinnari, Minister for Development Cooperation and Foreign Trade of Finland, in a pre-recorded remark said that he expects that with the PIF, Vietnam will have additional public investment funding, while Finnish companies with years of experience, expertise and suitable technology solutions will have better access to the Vietnamese market. … [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