-ASM 1 -BBE NGUYEN THI HANG

ASSIGNMENT FRONT SHEET Qualification BTEC Level HND Diploma in Business Unit number and title Unit 1: Business and Business Environment Submission date 30/03/2022 Date Received 1st submission Re-submission Date 30/03/2022 Date Received 2nd submission Student Name Nguyen Thi Hang Student ID BH00179 Class BAO501 Assessor name Bui Le Thu Trang Student declaration I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism I understand that making a false declaration is a form of malpractice Student’s signature Hang Grading grid P1 P2 P3 M1 M2 D1  Summative Feedback: Grade:  Resubmission Feedback: Assessor Signature: Internal Verifier’s Comments: Signature & Date: Date: Contents I Introduction II Types and purposes of different business sectors 2.1 Private sector A Sole trader : B Partnership: C Limited Liability: D Joint stock company : 2.2 Public sector 2.3 Voluntary sector III Size and scope of operation of Hoa Sen Group Joint Stock Company 3.1 Introduction Company Hoa Sen Group 3.2 Size of the company 3.3 Shareholders stucture : 13 3.4 Stakeholders : 15 3.5 Objectives 17 IV Organizational chart, functions and main functions of different important parts of Hoa Sen Group Company 19 4.1 Organizational chart 19 4.2 Functions of the company's main divisions 19 4.3 Links between departments with HSG's goals 22 4.4 HSG Expansion to overseas market 22 V Conclusion 23 REFERENCES 23 I Introduction One thing that often causes businesses to fail is poor planning and communication Due to lack of budget and plan, 66% of projects are not completed on time Recently, many companies now recognize the need to adopt new technology to stay competitive, thus increasing the need for business analysts Is a business analyst at VCBF (Vietcombank Fund), a Vietnamese company My role and responsibilities are to synthesize and analyze financial information, analyze trends and make forecasts, collect statistical tables, business reports, accounting reports and present The reports are intended to provide financial and investment advice to the board of directors, customers and colleagues, so in the following research article on Hoa Sen Group Joint Stock Company, I will summarize and analyze the following information Information on the type, size, scope, functions and organizational structure to prepare for the investment plan of VCBF in the period of 2020 -2025 II Types and purposes of different business sectors 2.1 Private sector Private sector that part of the economy where ownership and control of the organization is in the hands of private individuals or groups and where profit seeking is a central goal If a private individual or entity owns more than 50%, the company is in the private sector With the goal of Seeking profit, maximizing profit, profitability is the top thing that businesses care about Financially supported but often self-financed Raise money from Issuing shares and debit or by lending (Worthington, Britton Thompson, 2018) A Sole trader : Concept : “A sole trader is a business owned by one individual who is self-employed and who may, in some cases, employ other people on either a full-time or a part-time basis” (Worthington, Britton and Thompson, 2018) Characteristics :    One individual owner Unlimited personal liability to the debt of the business Not being registered and No legal entity/personality B Partnership:      More than owner (Partners): Ordaining Legal entity status Both limited and unlimited liability with types of Partners: Unlimited partners (general partners): at least Limited partners (capital contributors) C Limited Liability:       From to 50 members: a limit of 50 Legal entity status Liability of members: Limited Limited Liability company in Vietnam types: Limited liability company with member Limited liability company with equal or more than members D Joint stock company :    At least shareholders and no limit Liability of shareholders: Limited Enjoy: Legal entity status (Worthington, Britton and Thompson, 2018) Example: Lotus Group Company FPT Private sector: FPT Group Joint Stock Company, Founder and Chairman of Hoa Sen Group is Mr Truong Gia Binh Fpt is the largest it company in vietnam with more than 36,000 employees The corporation is present in 63 cities and provinces across vietnam and in 26 countries via 48 offices around the world The three core business sectors of FPT are technology, telecommunications and education In 2020 , after successfully going through the Covid-19 storm FPT abstained a revenue and profit growth of 7.6% and 12.8% y-o-y respectively Highlights for the performance came from within the DX and it services sector in the global market while the telecommunications sector maintained sustainable growth ( trăng trưởng 51,6%) Over the past 30 years FPT has implemented numerous it systems in many sectors such as taxes, customs Treasury, Finance, Banking, Electronic eat., helping vietnam to quickly catch up with the latest technology available worldwide In the industrial revolution 4.0 , FPT continues to be the DX pioneer in Vietnam Providing smart solutions in many fields: Smart transportation, smart healthcare, smart city, egovernment helping to solve pressing problem of socio - economic infrastructure and contributing to the drive for national change FPT shareholder structure chart : Founding member, Chairman of the Board of Directors Figure 1: Shareholder structure FPT (SLIDER BBE, 2022) FPT is a pioneer in digital transformation and a leader in consulting, providing and implementing technology and telecommunications services and solutions FPT accompanies customers in 27 countries and territories around the globe to realize technology-based business development strategies and goals 2.2 Public sector Public sector – that part of the economy under the control of government and its agencies and where the state establishes and runs the different types of organization on behalf of its citizens and for their general well-being With the basic goal of serving the citizens of the country.Increasing money from Public Revenues such as taxes, obligations, penalties Have a stable job Job benefits Job security, retirement benefits, allowances (Worthington, Britton and Thompson, 2018) Example: Vietnam National Petroleum Corporation (PXL) Vietnam National Petroleum Group, whose international transaction name is Vietnam National Petroleum Group, abbreviated to Petrolimex, was established on December 1, 2011 formerly known as Vietnam National Petroleum Corporation, formerly Petroleum Corporation was established under the Decree of the Ministry of Trade, then re-established under Decision 828/QD-TTg dated May 31, 2011 of the Prime Minister of Vietnam Petrolimex is a specially classified state-owned enterprise with a nationwide model, ensuring a large petroleum market share of the country (wikipedia PXL, 2022) Vietnam National Petroleum Corporation has: 41 member companies, 34 branches and enterprises under 100% state-owned member companies, 23 joint stock companies controlled by the Corporation, companies joint venture with foreign countries and branch in Singapore As a key state-owned enterprise, which is specially ranked nationwide, it is guaranteed to account for 60% of the country's petroleum market share Petrolimex has always promoted its key role in stabilizing and developing the market for lubricants and petrochemical products to meet the people's needs, serve the country's economic development and protect security and order naitional defense Company type: Charter capital: 9,302,372 Establishment license: 224 / TTg Business license: 0100107370 Tax code: 0100107370 VND Head office: Hanoi The main business areas of Petrolimex are importing, exporting and trading in petroleum, refining petrochemicals, investing capital in other enterprises to business in the right lines of business in which Petrolimex is doing business and other business lines according to the regulations of Petrolimex regulation law Besides Petrolimex invests in business in the following industries: Design, assembly, mechanical engineering and oil and gas equipment; insurance, banking and other commercial and service activities; With the goal of becoming the leading energy group in Vietnam, Petrolimex has been placed in special positions by the state, covering the whole country, ensuring the use of the majority of the country's petroleum market share 2.3 Voluntary sector Voluntary (or third) sector (social enterprise/non-governmental organization) government) – including those organizations, including charities, voluntary bodies and community businesses, that are not-for-profit enterprises and non-governmental Operational objectives are to solve social and environmental problems for the benefit of the community; Works with funding sources Social enterprises have independent functions, but they are highly dependent on the support of public opinion, the government, the community and other stakeholders (Worthington, Britton and Thompson, 2018) Example : Social Enterprise KOTO Established in 1999, KOTO was originally known as a non-profit organization, a humanitarian vocational training school that owns a chain of restaurants in Hanoi and Ho Chi Minh City Mr Jimmy Pham - a young leader honored by the World Economic Forum in 2011, founded KOTO with the motto "The best way to help them is to teach them to fish, not to give them the fish" Therefore, KOTO actively searches for children with difficult circumstances, wandering and orphaned, carefully reviewing their conditions, identities and abilities to ensure they can attend Not only vocational training including: cooking, service skills, restaurant and hotel management, KOTO also helps students with life skills, communication skills, learning foreign languages Up to now, after 17 years, with the motto "Know One, Teach One" - "Know one, teach one", KOTO has helped and changed the lives of more than a thousand street children, having difficult circumstances in Vietnam The event that KOTO was officially licensed to be recognized as a Social Enterprise is not only of great significance to KOTO itself, but also an important milestone in the development of the Vietnamese Social Enterprise community Along with experts and partners who have accompanied CSIP in research activities to promote and advocate for social enterprises such as British Council, Central Institute for Economic Management CIEM and law firm NHQuang and Associates CSIP believes that, in the future, following "big brother" KOTO will be more good news from Vietnamese social enterprises (KOTO CSIP, 2022) III Size and scope of operation of Hoa Sen Group Joint Stock Company 3.1 Introduction Company Hoa Sen Group Hoa Sen Group Joint Stock Company, formerly known as Hoa Sen Joint Stock Company, was established on August 8, 2001 He is the one who brought the company from a small corrugated iron cutting factory to an enterprise in the Top 50 strong brands in Vietnam As the number enterprise in the field of steel sheet production and trading in Vietnam and the leading steel sheet exporter in Southeast Asia In 2020, Hoa Sen Group ranked 18th in the list of 500 largest private enterprises in Vietnam announced by VNR500 (vnr500.HSG.vn, 2022) Company type: Joint stock company Certificate of business registration Tax code: 3700381324 Charter capital: 30 billion VND Head office address: No 9, Thong Nhat Avenue, Song Than II Industrial Park, Di An Ward, Di An City, Binh Duong Province, Vietnam On November 8, 2007, the company changed to Hoa Sen Group Joint Stock Company (Hoa Sen Group) Being the first non-state owned enterprise in Vietnam to build a cold rolled steel factory In the context of the economy is still facing many difficulties, Hoa Sen Group still maintains its position as the No steel pipe and steel pipe manufacturing and trading enterprise in Vietnam with more than 40% market share of corrugated iron, nearly 20% market share of steel pipes , and is also the leading steel sheet exporter in Southeast Asia Following the corrugated iron production line using NOF technology No (Non Oxidising Furnace - An oxygen-free furnace to clean the corrugated iron surface), capacity of 120,000 tons/year and was put into operation in March 2013, Hoa Group Sen has put into operation the production lines of the second phase of Hoa Sen Phu My Steel Sheet Factory project according to the investment schedule, bringing the total capacity of cold rolled steel to 980,000 tons/year (Introduce HSG, 2022) 3.2 Size of the company For the size of the lotus group company in terms of Total equity and revenue data, the number of employees is as follows: Picture1: Accounting balance sheet (Annual Report, 2020)    Liabilities in 2020 : 8,270,877.246,022 Equity in 2020 : 7,024,597,175,098 About the total capital in 2020: 15,295,474,421,120 VND  In terms of revenue : In the fiscal year 2019 - 2020, despite having to go through unstable periods of the socio-economic situation in general and the steel industry market in particular, the Board of Directors directed the Board of Management and affiliated units to be flexible and creative in operating production and business activities, in order to strengthen the stable foundation established by previous fiscal years, to overcome difficulties and challenges At the end of the fiscal year 2019 - 2020, with the efforts of the Board of Directors and the Board of Management, the Group recorded successful business results and growth compared to previous fiscal year Figure : Net revenue growth chart (Annual Report, 2020) Net revenue target in the fiscal year 2019 - 2020 reached VND 27,531 billion, completing 98% of the plan, decreased 2% over the same period Figure : Consumption output chart (Annual Report, 2020) Consumption volume in the fiscal year 2019 - 2020 reached 1,622,682 tons, 8% higher than the plan, increased 9% over the same period Figure : Profit after tax chart (Annual Report, 2020) Profit after tax in the fiscal year 2019 - 2020 had an impressive and outstanding growth, reaching VND 1,153 billion, more than doubled compared to the plan and doubled over the same period This comes from the fact that the Group has succeeded in restructuring the Distribution Channel; Plants operate efficiently; IT & ERP systems operate stably Thus, at the end of the fiscal year 2019-2020, the Group's business results have had positive and impressive changes The targets have all completed or exceeded the set plan, increased compared to previous fiscal year Particularly the target of profit after tax increased sharply This shows the Group's strong recovery and development, after a difficult and challenging period in the past two fiscal years As of September 30, 2020, the total number of employees of Hoa Sen Group is 7,209 people Figure : Total number of employees (Annual Report, 2020) Personnel increased after two consecutive years of decline As of September 30, 2020, Hoa Sen Group has a total of 7,209 employees, of which 58% are in the business sector, 30% are in production tasks and 12% are in the office sector Compared to a year ago, Hoa Sen's total number of employees increased by 572 people, equivalent to 8.6% This is the first time the number of employees of Hoa Sen has increased in the past three years Lotus Joint Stock Company is a large-scale private joint stock company Hoa Sen Group ranked at 18th position in the list of 500 largest private enterprises in Vietnam as announced by VNR500 After 20 years of establishment and development, Hoa Sen Group has chartered capital up to VND 4,446,252,130,000 with more than 10,000 employees, 11 large factories, 65 branches and 471 retail stores nationwide Hoa Sen products are present in more than 85 countries and territories around the world In addition to maintaining the domestic market, Hoa Sen Group also constantly promotes export activities in traditional markets and expands market share to potential markets in the Middle East, South Asia, and Africa , Australia, Europe and America Currently, Hoa Sen Group's products are present in 85 countries and terterritor 3.3 Shareholders stucture : Picture 2: Shareholder structure (Annual Report, 2020) Shareholders: Maximize the interests of shareholders within the framework of the law and ensure fairness in the interests of shareholders Currently, Hoa Sen Group owns 11 large factories, a system of nearly 300 distribution and retail branches spread across the country In addition, Hoa Sen Group also promotes export activities, Hoa Sen's products are present in more than 70 countries and territories around the world 3.4 Stakeholders : HOA SEN JOINT STOCK COMPANY (HSG)  Customer  Meet their needs / key stakeholders Creditors: Vietinbank Key stakeholders / Key player  Supply Power/influence of stakeholders Least important / Minor stakeholders Show consideration / stakeholders  Employees  Management  Society Interest of stakeholders  owners   Le Phuoc Vu Hoa Sen Investment Co., Ltd RELATED PARTIES : Table : Related parties Related parties Satisfy the need CUSTOMER Always strive to satisfy customers with the best quality products, competitive prices and attentive after-sales service SUPPLIER • Suppliers play an important role in the Group's success, so Hoa Sen Group always maintains relationships of mutual respect and trust with its suppliers Do not abuse the advantage of scale to coerce and make unreasonable demands on suppliers Select suppliers fairly based on the profile of capacity, reputation in cooperation, past experience, • Do not disclose confidential supplier information to their competitors EMPLOYEES Create a friendly working environment, equality and mutual development among employees; ensure the rights of employees in accordance with the provisions of the law STATE AGENCIES Comply with the provisions of the law, fulfill the obligations of enterprises to state agencies MANAGEMENT Maximize the interests of shareholders within the framework of the law and ensure fairness, equality and transparency of interests among shareholders THE MEDIA Building good relationships with media agencies, press and television on the principle of equality, transparency and legality Calmly handle media incidents with a polite attitude, speaking deftly and with standards in the face of objections and accusations Provide information and recommendations on the status of fake steel sheets for the press to promptly communicate to customers COMMUNITY Pay attention to the implementation of corporate social responsibility; join hands to contribute to building a growing community COMPETITIVES • Maintain relationships with competitors in good faith and constantly learn from their successes • Committed to fair competition, flexibly responding to stiff competition, consistent with honest business principles, putting quality, prestige and brand first Respect and comply with antitrust laws, competition laws, ensure fair competition “IN THE GENERAL TREND OF THE TIME ABOUT THE NECESSARY NEEDS OF THE SUSTAINABLE DEVELOPMENT WAY, HOA SEN GROUP ALWAYS ALWAYS ALWAYS ALWAYS FOLLOWS THE INFLUENCE OF THE EFFECTIVE PARTS Therefore, BEFORE ANY FEEDBACK FROM ” With the motto of openness and transparency in all activities, from the very first day of its establishment, Hoa Sen Group has proactively built sustainable relationships with each stakeholder based on the core cultural value “ Honesty - Community – Development ”, aiming to bring a long-term value chain to all parties Hoa Sen Group also agreed to select important representatives from key stakeholders to narrow down the issues of concern, focus on consulting on related issues that have a direct impact on the development of the company sustainable development of the Group At the same time, practical solutions and strategic development orientations were also given, contributing to promoting the process of building management methods as well as improving the operating model of the Group Strategic vision : “Becoming a leading economic group in Vietnam and the ASEAN region in the field of building materials by a sustainable development strategy, which focuses on traditional products: corrugated iron, steel, plastic on the basis of building and developing a chain of core competitive advantages: a closed production and business process, a distribution-retail system that reaches the hands of consumers, a strong, friendly and community-oriented brand chain, unique corporate culture and governance system, pioneering in technological innovation to bring the highest added value to shareholders, employees and society” (Vision and mission HSG, 2022) Mission : Providing products and services associated with Hoa Sen brand, ensuring international quality, reasonable prices, diverse designs, environmentally friendly, meeting consumer needs, contributing to change appearance of the country's architecture and community development Constantly innovating and developing to affirm the stature and mission of a dynamic, creative, pioneering Vietnamese enterprise in both business and community activities, raising its position in the international market economic (Vision and mission HSG, 2022) Core values :       Honesty - Community - Development Business philosophy Product quality is the focus Customer benefits are key Employee income is the responsibility Community sharing is an obligation 3.5 Objectives Economy: Lotus Group Company (HSG) will continue to exploit the advantages of its distribution system to the fullest extent, improving the efficiency of its consumption channels; well exploit the customer system; product diversification; increasing market coverage and enhancing the position and level of Hoa Sen brand in domestic and international markets Currently, Vietnam still does not have a business with a chain of retail stores of basic building materials This is a breakthrough development opportunity for businesses that dare to think differently and differently HSG itself has come up from establishing retail distribution stores and then gradually investing in the manufacturing field to create a closed production and business process like today, so HSG will be extremely knowledgeable market, consumption habits of Vietnamese people HSG affirms that it will build its own development strategy for the Vietnamese market without being stereotyped or copied by any model Hoa Sen's strategic orientation is to always make a difference to compete healthy, stand firm and thrive in the market, step by step making Hoa Sen a leading distributor of building materials and furniture in Vietnam South and ASEAN region Society: Chairman of the Board of Directors of Hoa Sen Group has made strong commitments to environmental protection during the construction and operation of the steel mill in the future Defining environmental problems is not only a responsibility but also a moral one, Mr Le Phuoc Vu stated that it is necessary to consider the matter of Formosa as a great lesson, a good lesson for proper awareness and serious action Thereby, he affirmed that Hoa Sen Group will invest in building a modern and closed exhaust gas and waste treatment system Applying waste recycling technology to use for project activities and community Building a system of regulating reservoirs to store rainwater and wastewater before and after treatment for 100% reuse, creating a biological landscape in the project area From the above analysis  Regarding legal capacity: HSG has full legal capacity, related licenses, rights and obligations in accordance with the law, as well as the effects of these regulations on the operation of the business  About personnel and Size and scope of the company: The capacity of HSG is undisputed through the figures, the company has a significant influence on the economy, with the staff increasing day by day nearly 10,000 employees a year, and there are many achievements, big and small, for example, Top 40 most valuable brands in Vietnam, Top 50 most effective business companies in Vietnam  About the financial situation: As the data analyzed above, shows us to some extent the profitability and prospects of HSG so that partners have a peace of mind when working with HSG  Therefore, in all legal aspects, personnel and size, HSG's financial position is completely grounded to achieve the specific goals of the company and its products and services IV Organizational chart, functions and main functions of different important parts of Hoa Sen Group Company 4.1 Organizational chart Figure 5: (Annual Report, 2020) 4.2 Functions of the company's main divisions Functions and tasks of departments, diagram of management system and organization of Hoa Sen company from high to low: - General Meeting of Shareholders: Having rights and obligations according to the number of shares and the type of shares they own Shareholders are only responsible for the debts and other property obligations of the Company to the extent of the amount of capital contributed to the Company - Board of Directors: The Board of Directors is the management body of the company, has full power on behalf of the company to decide and exercise the rights and obligations of the company that are not under the authority of the General Meeting of Shareholders - Branch director cum regional director: the head of the branch is responsible for the areas of finance, accounting, and administrative organization And is responsible for reporting the business situation of the company The organization performs well the tasks of the company according to its assigned functions and tasks Coordinate with the Distribution System Management Board to manage the branches under their management Develop and provide timely information to the company's leaders and the Management Board in order to serve the most effective business operations Data and information must be timely, accurate and truthful Responsible for external relations transactions for all legal work of the Company Powers: to coordinate, arrange work, reward and discipline officials and employees in the branch they manage - Deputy Director: The person in charge of the business field, under the supervision of the director Perform other duties as authorized by the Director To act on behalf of the Director to solve problems related to the company's operations in the absence of the Director - Accounting department: Performing the function of reflecting and planning economic tasks arising in the business process of the company, Performing the function of managing the company's assets Report business results, financial statements to the Director for approval, help the CEO and manage business activities, improve the efficiency of exploitation and use of business capital to achieve results highest., Implement the accounting regime according to the branch's accounting methods - ADMINISTRATIVE DEPARTMENT: Receiving and handling internal affairs in the enterprise Receiving guests, handling documents sent by customers Organizing seminars and conferences for the company Store and issue documents and seals and be responsible before the board of directors and the law for legality Ensure occupational safety and hygiene in the company, plan training on labor protection Organize regular health checks for employees - Production department: Consists of + Workshop manager who is responsible for managing all facilities, goods, and labor in the production department - Storekeeper: is the person who organizes and preserves goods, masters the quantity of goods, records warehouse cards and goods cards in accordance with regulations and prescribed recording regimes The main function of the company: - Finance department: has an important role in ensuring that the business has the necessary amount of cash for business activities and ensures that the business is managing and using the most effective and sufficient cash to meet all of the company's financial obligations - Sales department: Advising and assisting the CEO and directly conducting business in accordance with current legislation, Actively surveying and researching to expand product consumption markets , Building plans, business plans, sales contracts, Good management of money and goods in the business process Report business results on a monthly basis Strictly comply with the principles of economic management, make original vouchers and invoices according to the provisions of law and professional guidance of the accounting department - Marketing Department: Build and manage the best customer care system Design promotions and product warranties for customers Participating in sponsoring social activities to promote the brand image Building a system to collect and synthesize information on competitors' prices and products Analyze and evaluate information collected, thereby making decisions to improve or develop new products Develop a strategy to expand the market in accordance with the development goals of the business Developing marketing strategies for businesses; execute marketing strategy Monitor and supervise the implementation, adjustment, evaluation and reporting of marketing strategy results Advise the Board of Directors on issues related to brand development and distribution channel development Brand new products, identify target customers and support other departments to implement marketing plans - Human Resources Department: Planning and implementing recruitment activities to meet the operational needs of the business Access to communication channels to bring recruitment information closer to potential candidates Create linkages with human resource sources: Universities, Colleges, training units Directly propose to superiors ideas to improve the work quality of employees Calculating salary and benefits policies for employees Calculating and finalizing personal income tax rates for employees in accordance with the law Notify the company's regulations and policies to employees: Shift work, personal account, salary and bonus policy, insurance regime, leave In charge of managing employee labor contracts Instruct new employees to understand labor contracts, wages, welfare policies, and company rules Monitor and implement the leave or contract expiration according to regulations In charge of registration and deduction of insurance contributions: Social insurance, health insurance for employees Resolve issues related to sickness and maternity for employees Planning and implementing training for former employees to improve knowledge and skills to meet job requirements Guide, train regulations, rules and corporate culture for new employees Prepare periodic reports and perform other tasks as directed by superiors Through the functional analysis of each Department, it is clear that the departments, whether high or low, also take on their own roles, but still have a certain relationship, close relationship with each other, support and complement each other together to come to the common goal of managing and maintaining the development of the company For example, the Sales Department, if necessary, still needs professional guidance from the Accounting Department, the Sales Department - Marketing Department is responsible for advising the Board of Directors on directions beneficial to the company 4.3 Links between departments with HSG's goals According to a report of the Vietnam Steel Association, in the first months of 2021, Hoa Sen Group ranked first in the galvanized steel sheet market share with 37.2%, equivalent to a sales volume of about 776,000 tons Hoa Sen sets a target for the financial year 2020-2021 to collect VND 33,000 billion and profit after tax of VND 1,500 billion, up 20% and 30% respectively over the same period This supermarket chain is a project of Mr Le Phuoc Vu, Chairman of the Board of Directors of Hoa Sen expects to have 1,200 points of sale and make a great contribution to the revenue target of billion USD in the next 3-5 years On the stock market, closing last week's trading session, HSG shares increased by 800 dong to 41,300 dong/share Trading volume reached 7.1 million units We can be pleased to assess that Hoa Sen Group has initially well implemented the Government's dual goals, both to prevent the epidemic, and to actively develop production, complete orders and ensure the quality of life workers' lives 4.4 HSG Expansion to overseas market HSG has expanded to foreign markets: according to a report of Hoa Sen Group Joint Stock Company - the company that holds the No market share in the galvanized steel sheet market and the No in the steel pipe market, the Company admits to also encountering problems many difficulties and obstacles However, market movements were forecasted in advance by the Group and implemented many solutions to proactively respond One of the strategies of Hoa Sen Group is to stand firmly on both "two legs": domestic and export Especially, for the export market, Hoa Sen Group has continuously made breakthroughs in recent years Besides domestic business, export has become one of the two main pillars of the Group's business activities With the consolidation of old markets, expansion of new markets, diversification of export markets, Hoa Sen Group has always grown continuously in both output and export revenue year by year Currently, Hoa Sen Group is the leading steel sheet exporter in Southeast Asia Hoa Sen products have been present in more than 75 countries and territories around the world In addition to the traditional export partners, the Group also actively expands exports to potential and demanding markets with high technical requirements such as the Americas, Europe and Africa If the expansion of new markets and diversification of export markets is always the goal, the protection of export markets is also very important to businesses, especially Hoa Sen Group Hoa Sen Group also achieved positive results in successfully protecting key export markets such as Australia, Indonesia, Malaysia, HSG's distribution system is present in 87 countries and territories, including markets such as Southeast Asia, the United States, Mexico, Europe Consumption volume grew strongly thanks to exports: In the fiscal year 2020-2021, the total steel output reached nearly 2.3 million tons, up 40% over the same period, mainly thanks to the increase in export steel output 83%, domestic consumption increased by 6.8% Ton has the largest volume growth, 46.9% In which, exports increased by 86% compared to 2020 Capacity to meet sales growth: Sales of HSG's two main products, steel pipes and galvanized sheet, have only reached about 50% of designed capacity HSG's designed capacity can ensure the source of goods for the export market as well as the increase in output of the domestic market after the pandemic Outlook: EU steel demand is forecasted by WSA to grow 10.2% y/y in 2021 and 4.8% in 2022 thanks to post-pandemic recovery demand HSG has signed export contracts with customers until the end of November 2021, with an average export volume of over 120,000 tons/month Low production cost is the advantage of galvanized steel exporters in Vietnam in the medium term In the period 2021-2022, high electricity and carbon prices will make steel production costs in Europe at least $135-155/ton higher than in Vietnam The plan to build a Hoa Sen Home supermarket chain The supermarket chain can help HSG make the most of the existing resources of the distribution system, a large customer base, and reduce operating costs Products will be the group of basic construction materials (construction steel, section steel ) and the group of finished building materials (tiles, sanitary ware, paint, electrical equipment, etc.) ) From now to 2025, HSG targets to have 1200 supermarkets It is estimated that by the fiscal year 2025 - 2026, the revenue will be 77,971 billion VND and the profit after tax is 3,034 billion VND, nearly times higher than the last financial year 2019 - 2020 V Conclusion I understand my duties and responsibilities in this research paper, so with all my professionalism I guarantee that all information contained in the article is the most accurate, honest, and objective After the process of Researching, synthesizing and analyzing information through many aspects, investors can understand in general about the type, size, scope, functions and organizational structure of HSG I hope that through this research article of mine - the Board of Directors can find the most appropriate and appropriate strategy and plan to prepare for the investment plan in the period of 2020 -2025 My goal is to score M after very carefully analyzing all the data, aspect is quite detailed REFERENCES Worthington, I., Britton, C and Thompson, E., 2018 The business environment Harlow: Person Education Limited SLIDER BBE, 2022 Lecture Private sector: Legal structure and Purposes [ebook] SLIDER: Lecture 2_Private sector_Types and purposes.pdf Available at: https://classroom.google.com/c/NDUwMzQ3OTE2MTc3 [Accessed 11 March 2022] wikipedia PXL, 2022 Tập đoàn Xăng dầu Việt Bách khoa toàn thư mở Wikipedia [online] wikipedia Available at: https://vi.wikipedia.org/wiki/T%E1%BA%ADp_%C4%91o%C3%A0n_X%C4%83ng_d%E1%BA%A7u _Vi%E1%BB%87t [Accessed 11 March 2022] KOTO CSIP, 2022 KOTO thức công nhận Doanh nghiệp xã hội Việt Nam [online] CSIP Available at: https://csip.vn/chi-tiet/koto-chinh-thuc-duoc-cong-nhan-la-doanh-nghiep-xahoi-dau-tien-tai-viet-nam-150.html [Accessed 11 March 2022] vnr500.HSG.vn, 2022 CƠNG TY CP TẬP ĐỒN HOA SEN [online] vnr500.com.vn Available at: https://vnr500.com.vn/Thong-tin-doanh-nghiep/CONG-TY-CP-TAP-DOAN-HOA-SEN-Chart 1572021.html [Accessed 11 March 2022] Introduce HSG, 2022 Giới thiệu chung | Lịch sử hình thành | Cơng ty thành viên | Tập đồn Hoa Sen [online] Info.hoasengroup.vn Available at: https://info.hoasengroup.vn/vi/gioi-thieu [Accessed 11 March 2022] Annual Report, 2020 [online] Info.hoasengroup.vn Available at: https://info.hoasengroup.vn/Content/Uploads/files/5_QUAN_HE_CO_DONG/BAO_CAO_THUONG_NI EN/2019-2020/Annual%20Report%20FY%202019%20-%202020.pdf Accessed 11 March 2022] Vision and mission HSG, 2022 Tầm nhìn sứ mạng kinh doanh tập đoàn Hoa Sen [online] prezi.com Available at: https://prezi.com/-jz_nmoo62tw/tam-nhin-va-su-mang-kinh-doanh-cua-tap-oanhoa-sen/?frame=4d585fe9f8509b58094c80691c34b3a5500bb52f [Accessed 11 March 2022]  ... Picture1: Accounting balance sheet (Annual Report, 2020)    Liabilities in 2020 : 8,270,877.246,022 Equity in 2020 : 7,024,597 ,17 5,098 About the total capital in 2020: 15 ,295,474,4 21, 120 VND... Hoa Sen Group has chartered capital up to VND 4,446,252 ,13 0,000 with more than 10 ,000 employees, 11 large factories, 65 branches and 4 71 retail stores nationwide Hoa Sen products are present... https://vnr500.com.vn/Thong-tin-doanh-nghiep/CONG-TY-CP-TAP-DOAN-HOA-SEN-Chart 15 720 21. html [Accessed 11 March 2022] Introduce HSG, 2022 Giới thi? ??u chung | Lịch sử hình thành | Cơng ty thành viên | Tập đoàn