Sunday , November 24 2024

Business

Business

Honda Vietnam sees sharp falls in bike, car sales

Honda Vietnam sees sharp falls in bike, car sales

Honda Vietnam reported sharp falls in motorcycle and automobile sales in January compared to the previous month. In January, it sold 222,545 motorcycles, down 13.1% month on month and 16% year on year, data showed. Meanwhile, 1,494 cars were delivered to buyers, declining 35.7% month on month and 60.4% year …

Read More »

Vietnam Airlines’ fuel distributor makes bigger profits

Vietnam Airlines’ fuel distributor makes bigger profits

Vietnam Airlines’ fuel distribution subsidiary Skypec made estimated pre-tax profits of VND180 billion (US$7.6 million) last year, nearly 80% up from 2021. Vietnam Airlines has yet to announce Skypec’s results, but the latter’s management informed a meeting earlier this year that it had realized approximately 180% of its pre-tax profit …

Read More »

The making of a coconut oil tycoon

The making of a coconut oil tycoon

From borrowing money by mortgaging his father-in-law’s property to set up a coconut oil plant to earning trillions of dong (VND1 trillion = $42.19 million) a year, Cu Van Thanh has come a long way. When Vietnam still had a command economy, Thanh and his wife worked at a state-owned …

Read More »

Vietnam inflation may have reached its peak: analysts

Vietnam’s inflation has been rising non-stop since September but may have found its peak last month as consumer demand weakens. Starting from a low base of 1.42% in February last year, the Consumer Price Index (CPI) rose 4.89% last month. Core inflation, which measures the long run trend in price …

Read More »

Record revenues at Saigon Zoo after post-Covid reopening

Record revenues at Saigon Zoo after post-Covid reopening

The Saigon Zoo and Botanical Gardens Company, which manages Vietnam’s largest zoo in Ho Chi Minh City, recorded its highest-ever revenues of VND145 billion ($6 million) last year, up three times year-on-year. The company’s financial report showed the revenue came mainly from ticket sales, in addition to selling food and …

Read More »

Bun ram, not your regular bowl of crab noodle soup

This dish is not as complicated as regular crab noodle soup. This bowl of fiddler crab noodle soup is simpler but even more impressive. Aside from other Quy Nhon’s specialties such as vermicelli with grilled pork and fried spring rolls, crispy crepes with jumping shrimp, mixed fermented pork, shrimp noodle …

Read More »

Factories struggle to recruit skilled workers

Steel maker Van Dat Thanh has been seeking a transport fleet auto mechanic on both free and paid recruitment sites for more than two weeks, but no one has come to interview. The southern Binh Duong Province-based factory has posted recruitment adds for male candidates with degrees and 1-2 years …

Read More »