Tuesday , November 26 2024

Recent Posts

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 »