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MHT continues 'Going Global', reinforcing the vision to become a leading integrated supplier of advanced high-tech materials - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
April, 12/2021 - 19:32
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Masan High-Tech Materials’ management board answer questions from shareholders and investors at the company’s annual general meeting held in Hà Nội on April 12. Photo courtesy of the company
HÀ NỘI Masan High-Tech Materials (HNX-UpCOM: MSR, MHT) has set a target of net revenue growth of over 50 per cent in 2021, attributing to the H.C. Starck Tungsten Powders integration for the whole year, higher sales revenue and selling prices on the market.
The better price and bigger revenue will enable Masan High-Tech Materials to achieve earnings before interest, taxes, depreciation, and amortisation (EBITDA) growth more than 100 per cent over last year, and strongly backed by the strict cost control in lean production activities. ....

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VNG reaches $261m revenue in 2020 - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
April, 12/2021 - 17:48
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VNG campus in HCM City. The firm earns a revenue of VNĐ6.024 trillion (US$261.9 million), an increase of 16.3 per cent from the previous year during the pandemic. Photo courtesy of VNG
 
 
HÀ NỘI Tech giant VNG has announced revenue of VNĐ6.024 trillion (US$261.9 million) in 2020, up 16.3 per cent from the previous year.
Last year, VNG’s profit before and after corporate income tax decreased by 40 per cent and 57 per cent at VNĐ255 billion and VNĐ261 billion respectively.
The firm said: “Compared with the planned after-tax profit approved by the General Meeting of Shareholders at the loss of VND246 billion, the profit increased sharply. ....

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Domestic garment and textile industry sees positive signs - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
April, 12/2021 - 17:49
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A garment and textile production line at Vinatex. The local garment and textile businesses have found a suitable direction despite the COVID-19 pandemic. Photo vinatex.com.vn
 
HÀ NỘI The country’s garment and textile exports have seen recovery with turnover of US$7.2 billion in the first quarter of the year, slightly increasing 1.1 per cent from the same period last year, according to the Ministry of Industry and Trade (MoIT).
Although this was not a big increase, the result demonstrates positive signs for the sector. The local garment and textile businesses have found a suitable direction despite the impact of the COVID-19 pandemic. The global textile, garment and footwear market has gradually become active again as many countries have provided COVID-19 vaccines to people, contributing to promote consumption demand. ....

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