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Hanoi (VNA) - Despite the impact of COVID-19, the Hoa Phat Group still recorded a surge in both revenue and profit in 2020, the inter-sectoral conglomerate has said. It earned almost 91.28 trillion VND (3.9 billion USD) in revenue and posted 13.5 trillion VND in after-tax profit last year, up 41 percent and 80 percent, respectively, against 2019. In the fourth quarter alone, its revenue rose 43 percent year-on-year to nearly 26.17 trillion VND, while after-tax profit surged 142 percent to 4.67 trillion VND - a quarterly record. Steel manufacturing was a growth driver, the group said, adding that crude steel output doubled the 2019 figure, to 5.8 million tonnes, including 5.1 million tonnes of steel billet and finished construction steel and nearly 700,000 tonnes of hot rolled steel. In particular, 3.4 million tonnes of finished construction steel were produced, up 22.5 percent against 2019. Hoa Phat’s steel market share in Vietnam currently stands at 32.5 percent. The group … [Read more...] about Hoa Phat Group posts 80 pct. growth in after-tax profit

She said it is an undeniable success that Vietnam could gather a large-scale Congress with over 1,500 delegates taking part amid complicated developments of the pandemic worldwide at present. Diplomats and representatives from international organisations in Vietnam will be honoured to witness this important political event and are satisfied about living in one of the most successful countries in the fight against COVID-19. … [Read more...] about VIETNAM NEWS JANUARY 25

Hanoi (VNA) – A French court will open a hearing on a lawsuit filed by Vietnamese-French Tran Thi To Nga against 14 multinational companies for producing and selling chemical toxins that was sprayed by the US army in the war in Vietnam, causing serious consequences for the community, her children and herself. Nga, born in 1942, filed the lawsuit in May 2014. Among the companies named in her suit, there were such names as Monsanto (now under the German group Bayer) and Dow Chemical. With the support of several non-governmental organizations, Nga accused the companies of causing lasting harm to the health of her, her children and countless others, as well as destroying the environment. "I am fighting for not only myself, but also my children and millions of victims”, Nga stated. Tran To Nga graduated from a Hanoi university in 1966 and became a war correspondent of the Liberation News Agency, now the Vietnam News Agency. She worked in some of the most heavily … [Read more...] about French court to hold hearing on AO lawsuit

a 50-room training hotel with 4 meeting rooms10 full-size classrooms and 16 half-size classrooms1 ballroom1 reception1 IT laboratory1 demonstration kitchen4 study rooms1 print shop and multimedia corner,   1 library1 bakery and 1 café bar1 main kitchen The convenient location of the Hotel Academy Phu Quoc at only a 10-min drive from the international airport provides great accessibility for students and professionals flying in while being close to Long Beach and its numerous hotels and resorts. … [Read more...] about CityLand Education (Vietnam) Announces Partnership with VET by EHL

Delegates approve the agenda of the preparatory session of the 13th National Party Congress - PHOTO: VNA HCMC - A preparatory session for the 13th National Party Congress was held today, January 25, at the National Conference Center in Hanoi, with the participation of nearly 1,600 delegates, who represented more than 5.1 million Party members across the country. … [Read more...] about Preparatory session of 13th National Party Congress held