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HRnetGroup Expands into Vietnam with New Subsidiary

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HRnetGroup Expands into Vietnam with New Subsidiary

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HRnetGroup Ltd. ( (SG:CHZ) ) has provided an announcement.

HRnetGroup Ltd. has announced the establishment of its first wholly owned subsidiary in Vietnam, AllwaysFirst Vietnam Co., Ltd., marking its 18th city of operation. This strategic move into Ho Chi Minh City aims to tap into Vietnam’s rapidly growing economy and burgeoning IT sector, although immediate financial contributions may not be significant. The expansion reflects HRnetGroup’s long-term strategy to deepen its market presence and leverage Vietnam’s strong growth prospects, particularly in IT and tech recruitment.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.78 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.

More about HRnetGroup Ltd.

HRnetGroup Ltd. operates in the professional recruitment industry, focusing on providing recruitment services across various sectors. The company is expanding its operations into Asia’s fast-growing markets, with a particular emphasis on the IT and tech sectors.

Average Trading Volume: 126,715

Technical Sentiment Signal: Buy

Current Market Cap: S$707.2M

See more data about CHZ stock on TipRanks’ Stock Analysis page.

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