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
Amex new card offers
Cityland Education, EHL to train hospitality professionals
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
Additional US$1 million funding established to aid startups in Binh Duong
Therefore, local administrations will accompany with startup companies and individuals that have creative ideas. Local administrations will give consultations and finance potential startup companies. More meetings will be organized to exchange opinions between the provincial administrations and enterprises which are hoped to promote startup movement in Di An Town of Binh Duong Province. … [Read more...] about Additional US$1 million funding established to aid startups in Binh Duong
Hanoi targets growth of SMEs, jobs for women
As a locomotive in the northern key economic region, Hanoi has devised many solutions for improving its business and investment environment and creating favorable conditions for the development of enterprises. Those include accelerating administrative reforms, shortening the time it takes to set up businesses, promoting online business registration, supporting new enterprises, improving competitiveness and strengthening market development. As a result, the number of newly established enterprises in the city has increased significantly in recent times. … [Read more...] about Hanoi targets growth of SMEs, jobs for women
Founder of Got It wants to teach coding to Vietnamese children
Vietnamese students win five gold medals at Int’l Olympiad of Metropolises All eight Vietnamese students from Hanoi-Amsterdam High School for the Gifted have claimed medals, including five golds, one silver, and two bronzes, at the fifth International Olympiad of Metropolises (IOM). … [Read more...] about Founder of Got It wants to teach coding to Vietnamese children