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Livestock company Dabaco reports first losses in 5 years

Livestock company Dabaco reports first losses in 5 years

Leading food and animal feed producer Dabaco Group posted a net loss of over VND79 billion (nearly $3.35 million) in Q4 of 2022, recording its first decline in five years. The loss was mainly due to unexpected lower pork prices. Pork prices based on live weight in late December 2022 …

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Vietravel returns to profitability after 2 years in the red

Vietravel returns to profitability after 2 years in the red

Tourism company Vietravel was back in the black in 2022 with pre-tax profits of VND121 billion (US$5.1 million) after racking up losses for two years amid Covid. It reported revenues of more than VND3.8 trillion in 2022, VND1 trillion higher than the combined revenues of 2020 and 2021 when it …

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Saudi Arabia offers free four-day transit visa

Saudi Arabia’s Ministry of Foreign Affairs has launched a new transit visa allowing stopover air passengers to stay in the kingdom for up to four days for tourism and pilgrimage purposes. The new visa, which is only for passengers flying with Saudia Airlines and Flynas Airlines, came into effect on …

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