Thursday , November 28 2024

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Saigon Beer maker profits lowest in six quarters

Saigon Beer maker profits lowest in six quarters

Saigon Beer Alcohol Beverage Corporation (Sabeco) made profits of VND10 billion ($426,300) a day in the first quarter, but that was its lowest in the latest six quarters. Its management said the market worsened after Lunar New Year as people refrained from drinking due to Decree 100, which severely penalizes …

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Retailers seek to stimulate demand during long holiday

Retailers seek to stimulate demand during long holiday

Offering discounts and selling regional specialties are part of plans made by retail stores in HCMC to attract shoppers during the long holiday weekend. Vietnamese have a five-day holiday for the Hung King’s Death Commemoration Day on April 29, Reunification Day on April 30 and Labor Day on May 1 …

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