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HCM City posts 5 9% growth in exports, an increase in export orders - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM City exports were up 5.9 per cent to reach US$7.38 billion in the first two months of the year, according to the municipal Statistic Office.

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Businesses strive to maintain production amid lockdown in HCM City - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: July, 15/2021 - 08:00 | Workers at the Alta Group live temporarily in tents to ensure safety while maintaining production. Photo tuoitre.vn Workers at medical equipment manufacturer Nipro Vietnam at Sai Gon Hi-Tech Park undergo COVID-19 testing. Photo amp.vnexpress.net HCM CITY – When HCM City went into lockdown under Government Directive 16 on July 9, many businesses and manufacturers prepared plans to set up temporary accommodations for their workers to avoid the spread of coronavirus and maintain production. Hoàng Minh Anh Tú, general director of the Alta Group, told Tuổi Trẻ (Youth) newspaper that the business rearranged the factory’s premises in order to set up about 100 tents.

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Hà Nội strengthens promotion for farm produce, establishes a resilient agriculture - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Hà Nội strengthens promotion for farm produce, establishes a resilient agriculture - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports
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Coal companies report rises in revenues but declining profits - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

đồng a year in profit, with some even suffering losses. Compared to 2010, the profits of coal companies were almost unchanged. Mông Dương Coal (MDC) had a profit of VNĐ79 billion in 2010 – the highest in the group mentioned above. But by the end of 2020, this enterprise only reported VNĐ27.8 billion in profit. Cọc Sáu Coal (TC6) witnessed profit fall from VNĐ67 billion in 2010 to only VNĐ5.6 billion in 2020, the lowest level among the group, although its yearly average revenue is much higher than many other businesses in the industry. The merger between Cao Sơn Coal (TCS) and Tây Nam Đá Mài Coal (TND) also did not help Cao Sơn Coal improve its profit in 2020, hovering at more than VNĐ54 billion.

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