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
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The canine warriors of Vietnam’s border defense force
“Unlike other countries, military dogs in Vietnam are not ranked officers,” Captain Tran Quoc Huong said. “However, after they die, those with remarkable merits will be stuffed and mounted on the walls of our memorial rooms for later generations to remember.” … [Read more...] about The canine warriors of Vietnam’s border defense force
Finland to provide US$100 million for public investment projects in Vietnam
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
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
Two Lieutenant Generals promoted to Senior Lieutenant General
Defense Minister Gen. Ngo Xuan Lich (C) congratulates the two senior officers On behalf of the promoted officers, Deputy Defense Minister Nguyen Tan Cuong emphasized that in any circumstances, they will be absolutely loyal to and steadfast in the goal, ideal, and path that the Party, Uncle Ho, and Vietnamese people have chosen. They will study and follow President Ho Chi Minh’s thought, morals and lifestyle, raise responsibility in task implementation, and bring into full play the good virtues of Uncle Ho’s soldiers and the glorious tradition of the heroic Vietnam People’s Army. They will also undertake and complete all assigned missions. … [Read more...] about Two Lieutenant Generals promoted to Senior Lieutenant General
