Outline every key points but still keep them sorted in each section

Solutions: From the early days of the autbreak of the pandemic in Vietnam, Hoa Phat Group's member companies have strictly carnied preventive measures as recommended by the Government and the Miniatry of Health. In which, 5K. (masis, disinfection, distance, not gathening and medical declarationl and body temperature measurement are mandatory requirements when entering office buildings and factories across the country. When nationwide social ssolation was applied according to the Prime Minister's Directive No. 16/CT TTg. Hoa Phat made plans to ensure both production maintenance and effective pandemic prevention. Steel integrated complexes in Har Dvong. Quang Ngai and Hung Yen also organized random screenings to prorptly isolate and localize high-risk cases and prepare fackitier for "thee on the apot" working at needed. During the year, all employees of the Group ware injected with two doses of the COND-19 a accine. The above measures have helped Hoo Phat maintain its production and business activities and guaranteed the jobs and incomes of 27,600 employees. Financial risk: The proportion of imports accounted for 73% of the total cost price for the whole Group in 2021, indicating As a multidisciplinary manufacturer operating that the Group's input materials such as coal, ore, etc. nationwide and initially investing in international dopend heavily on the supply of goods from abroad. The markets, operational risks are wnavoidable for Hos value of imports was more than that of exports, so the Phat Group. The Group has taken specific ateps for exchange rate greatly affected the cost of production. An each group of material risks, especially in preventing increate in exchange rate led to an increase in the costs of the pandemic, logal matters, persennel and policy risks. row materials and financial costs. Therefore, exchange rate COVID-19 risk: risk management needed to be handled on a dally basis. COVID-19 continued to exert huge influence in all-. Furthermore, the use of loans, financialinstruments, and countries worldwide in 2021 . In Vietnam, the pandemic. derivative products with interest rates posed challenges to broke out from the end of Aprli in 2021 with a new variant. Hoa Phat for interest rate risk management to ensure the Which was dangetous and spread quickly in many localities with complicated developments. The Vietnamese Solutions: Government implemented vocial distancing to limit and Hos Phat manages financial ritks including exchange control the pandemic. This influenced logistics and supply rate risk and interest rate risk with ditferent measures chains, resulting in an increase in prices of input materials. and tools. Firstly, credt is balanced with the use of VND In addition, the Group had to bear additional costs to or foreign currencies. The Group requires members combat the pandemic and face a shortage of personnel to discuss with the leader of the exchange rate team who were required to be isolated, causing the interruption and update the market price when buying. selling or of production activities and the possable reduction of sales planning to buy foreign currency. In addition, Hoa Phat activities, and so an. regularly collects informatign on market assessments and forecasts, develops limits and exchange rate prevention tools with credit institutions. Hea Phat always proactively assesses the capital and financial market Solutions: situation and takes measures to minimize interest rate Hoa Phat considers humans as the central factor risks by adjusting its total loan portfolio and liabilities for success and always focuses pn training. improving appropriately. With these measures and tools, Hoa Phat professional qualfications and skils for employees. is managing input materials very well, ensuring good Member Companies continuously hold specialized cost management to achieve high profit margins._ training courses and work closely with universities, Risk of international trade: colleges, and vocational schools in mechanics and Not only struggling because of the pandemic, steel engineering during training and recruitment in order to exports also face a series of risks of trade remedy lawsuits attract qualified personnel satisfying the requirements on the world market, causing Vietnam's steel industry to of production and business development. Personnel. face double difficulties in 2021. development policy both in terms of quantity and quality In particular, cheap steel imported from China is has always been uniformly implemented. Hoa Phat has having a great influence on the domestic consumption. implemented a personnel rank assessment system to The protectionism trend in the intemational market has standardite the HR system on a Group-wide scale and not shown signs of cooling down, and the domestic real gradually apply it in the calculation and payment of estate and construction markets have not shown signs salaries and bonuses to motivate employees. of improvement. But this is also a "test" for Hoa Phat to p Policy risk: restructure, improve competitiveness and dominate the Access to capital, land, markets, customers, etc. are market. difficulties which are often mentioned by small businesses, Solutions: while for big businesses like Hoa Phat, they are risks due to The EU-Vietnam Free Trade Agreement (EVFIA) and changing policies and administrative procedures. the Regional Comprehensive Economic Partnership. In the past five years, Vietnam's business policies (RCEP) took effect from November 2020 , boosting the and regulations have often changed unexpectedly and steel export market. Hoa Phat prepated catefully to receive quickly. Meanwhile, businesses need stable, long-term, standards; understood the legal framework of the market and technical barriers to be more proactive in exporting Solutions: and to avoid trade remedy lawsuits. Whth the criterion "proactive to adipt", Hoa fhat has ahways Hoa Phat always proactively approaches and increases actively followed any legal document right from the first diyn its competitiveness through cost savings, management when its draft was released for public opinion. improvement, product quality improvement, and market For example, 11 Laws and Codes were passed by the expansion. The Group continues to review and re evaluate. National Assembly and officially took etfect from danuary of. its sales policy and distribution system to make appropriate 2021. These ave important laws that have a great impact on adjustments to ensure increasing sales volume, and the social life of Vietnam and on the cperating activities of develop a stable and long-term distribution system. Hos Phat in particula. Hos Phat is particularly interested in the Along with that, Hoa Phat aho restructures production Labor Code 2019, the Lav on Sercuribes 2019, the Law on and business according to market signals. In fact, export Investment 2020 , the lav on Enterprise 2020 and the revised activities in 2021 have prospered with many new markets. Law on Amendments to Construction law 2020 as well as their Personnel risk: respective guiding documents. Therefore, since the early diyn With more than 27,600 employees at a young carefully looked into changes in legal rogulations shat mary. working age from all parts of the country, changes affect its activities topencict and anticipate, so as to make timely in personnel are always issues that need special aduatmentplans. attention. While the steel sector always requires a large number of skilled and specialired technical workers, Vietnam's training system in mechanical engineering has not met demand