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Vietnam will continue to be the destination of many foreign investors in 2022
Vietnam was one of the few Asian countries that did not fall into a sharp economic downturn during the Covid-19 pandemic in 2020 and 2021. The World Bank (WB) forecasts that in 2022, Vietnam’s GDP will increase by about 5.5%. FDI business 79 countries and territories invested in Vietnam in the first 5 months of
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Viglacera General Meeting of Shareholders 2022: VGC sets a consolidated profit plan of VND 1,700 billion
On April 26, 2022, Viglacera Corporation – JSC (stock code VGC) held the Annual General Meeting of Shareholders. With respect to business and production results in 2021, the parent company’s revenue reached 5,559 billion VND, accounting for 111% of the plan assigned by the General Meeting of Shareholders; the Corporation – Joint Stock Company (consolidated)
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Increase in overtime hours from 200 hours to 300 hours/year approved
On March 23, 2022, the Standing Committee of the National Assembly approved a Resolution No. 17/2022/UBTVQH15 on the annual and monthly overtime hours of employees while ensuring COVID-19 prevention and control and socio-economic recovery and development. According to the Resolution, an employer may assign employees to work overtime for 200-300 hours per year if it
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Commencement of housing project for workers and experts in Dong Mai Industrial Park, Quang Yen town, Quang Ninh province
On March 24, 2022, in Quang Yen town, Quang Ninh province, Viglacera Corporation – JSC held the Groundbreaking Ceremony of the housing project for workers and experts in Dong Mai Industrial Park. The event marks the next important step in 2022 for the Corporation, continuing to affirm the leading enterprise of the construction industry; the
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Coastal road project behind schedule
HAI PHONG – The coastal road project in the Hai Phong – Thai Binh section is scheduled to open to traffic in early 2021, but only 35% of the volume has been completed so far. The investment project to build a coastal road covering Hai Phong – Thai Binh section will be 29.7 km long,
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Enterprises continue to expand production in Phu Ha Industrial Park (Phu Tho)
Under unprecedented difficult conditions, Vietnam has overcome great challenges from the Covid-19 pandemic with the achievement of attracting FDI which is considered the “bright spot” of the national economic picture. By September 2021, Vietnam has 1,212 new projects, with a total newly registered capital of nearly 12.5 billion USD (up 20.6% over the same period
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