Steel maker Hoa Phat expects lower profit in 2022

Steel maker Hoa Phat expects lower profit in 2022

Hoa Phat Group, Vietnam’s leading steel producer, expected a profit after tax of VND25,000-30,000 billion ($1.08-1.29 billion) in 2022, down 13-28% from 2021.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam inflation remains under control: HSBC

Vietnam inflation remains under control: HSBC

Despite surging oil and raw material prices, Vietnam's inflation may be well under control this year, at 3.7%, below the central bank’s target of 4%, according to HSBC.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7