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
Recounts year 6 planning
Creative touch preferred as industry moves out
"The first thing is that we should carefully evaluate and consider whether to demolish old factories after relocating them to outside places because many factories have beautiful structures that can tell historical stories. When we bring contemporary art into them, they will become attractive and can make Hà Nội a place more worthwhile to live," said Loan. … [Read more...] about Creative touch preferred as industry moves out
Smaller investment proposed for HCMC-Can Tho railway project
The route will start at the Tan Kien Station in HCMC’s Binh Chanh District and end at Can Tho’s Cai Rang District. The project will include a 44-kilometer branch from Thanh Phu Station to Long An Port in Long An Province and Hiep Phuoc Port in HCMC. … [Read more...] about Smaller investment proposed for HCMC-Can Tho railway project
Better infrastructure is way to absorb surge in renewable energy production: experts
Furthermore, if it wants to expand solar and wind production to significant levels, it should not do this independently of the national system, but make it part of a plan that includes a national grid, existing generators and the way the market operates, he said. … [Read more...] about Better infrastructure is way to absorb surge in renewable energy production: experts
Many expectations for Vietnamese steel industry
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