Product development associates

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

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

Việt Nam’s Cityland Education on Thursday signed an agreement with EHL Advisory Services to become the EHL Licensed Centre’s vocational education and training (VET) licensing centre to train service-minded hospitality professionals. An EHL campus … [Read more...] about Cityland Education, EHL to train hospitality professionals

In the first days of October, some banking stocks on the Ho Chi Minh Stock Exchange (HoSE) recorded increased trading volume and value, such as Sacombank (STB) with more than 23.2 million shares for over VND360 billion, VietinBank (CTG) with more than 13.3 million shares for nearly VND361 billion, and Military Bank (MBB) with more than 13 million shares for over VND261 billion. In general, banking stocks contributed 13 percent and 17.5 percent to trading volume and value on the HoSE, respectively. … [Read more...] about Banking stocks spearhead market rebound