Trump infrastructure plan

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

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

According to the BIDV Securities Company (BSC), banks are now more cautious about asset quality management and provisional fund establishment. In particular, many banks like Techcombank, HDBank and VIB are maintaining a capital adequacy ratio higher than the requirement of eight percent stipulated by the State Bank of Vietnam (SBV). … [Read more...] about Banking stocks spearhead market rebound