Tuesday , November 26 2024

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Inflation takes toll on seafood companies’ profits

Inflation takes toll on seafood companies’ profits

Major seafood producers saw profits plummet in the last quarter of 2022 as inflation hit consumption and costs rose. Vinh Hoan Corp, a pangasius producer based in the Mekong Delta, reported profits were down by half year-on-year to VND200 billion ($8.48 million). Shrimp producer Sao Ta reported a 26% decline …

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Vietnamese desserts among world’s 100 best cakes

International cuisine magazine Taste Atlas has named Vietnam’s ‘banh da lon’ (steamed layer cake) and ‘banh chuoi’ (banana cake) on its list of the world’s 100 best cakes. Banh chuoi, a traditional dessert in the southern region, where the dish can be steamed or baked on a charcoal grill, ranked …

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