Hoa Sen Group has held an annual shareholder congress 2010 to report business results and ratify a foreign investment worth US$330mil. As planned, in early April, 2010, the group will sign a MoU with Myanmar’s Industrial Ministry on investment in steel and building material. The project’s 1st phase will spend US$10-30mil for rep office establishment at Myanmar and football sponsor in the nation.

In the financial year of 2009-2010, the group targets to reach a VND5tril revenue and a VND520bil post-tax profit, up 76% and 175% from the financial year of 2008-2009.

Reported by T.Dong – Translated by A.C