Tuesday , November 26 2024

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Japanese flour producer Nippn eyes Vietnam factory

Japanese flour producer Nippn plans to invest in a factory near Ho Chi Minh City, its third facility in Southeast Asia. The facility, to be completed by 2027, will be capable of making 4,300 annual tons of premix used to make batter for fried foods and baked goods, according to …

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SeABank reports 61% jump in profits

SeABank’s profits soared by 61% year-on-year to VND3.24 trillion (US$128 million) in the first half of the year. Its operating income went up by 43% to VND6.01 trillion, the lender said in a press release. Deposits rose by 59% to VND20.04 trillion. The bank managed to keep bad debts at …

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