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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Creative touch preferred as industry moves out
Converting old factories into creative hubs is actually no longer a new thing in the world. Typically, the Zollverin coal mine industrial complex in Germany has "turned" into a coal museum space, exhibition centre and creative park on the basis of recreating the world's largest coal mine from the late nineteenth century to the early twentieth century. Another example is the 789 Art Zone in Beijing converted from the old electronics factory on the basis of keeping the original Bauhaus style. … [Read more...] about Creative touch preferred as industry moves out
WHO Representative praises Việt Nam’s COVID-19 fight
WHO recognises Việt Nam’s active participation in this global effort with a candidate vaccine being developed in Việt Nam, and acknowledges one of them have already started clinical trial phase 1 and others are also shown well progress to start the clinical trial soon. This is really impressive. … [Read more...] about WHO Representative praises Việt Nam’s COVID-19 fight
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
Bảo Minh Insurance plans to divest from MBB
On the southern bourse, MBB declined 2.06 per cent to end Monday at VNĐ26,200. But since the beginning of 2021, MBB share price increased by nearly 9.4 per cent. With the current price, BIM can earn more than VNĐ32.5 billion from the deal. … [Read more...] about Bảo Minh Insurance plans to divest from MBB
