Friday , November 15 2024

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Phu Quoc Island set for Tet travel rush

With the weather being beautiful and quarantine rules relaxed, Phu Quoc Island is expected to draw huge crowds during the Tet holidays. Nguyen Nguyet Van Khanh, deputy marketing head of Vietravel, said 2,000 people have booked to travel to Phu Quoc, or 40 percent of all bookings for her company’s …

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Brewer Sabeco profits fall to lowest level since Thai acquisition

Brewer Sabeco profits fall to lowest level since Thai acquisition

Vietnam’s largest brewer Sabeco said after-tax profit fell by over VND1 trillion (US$443 million) last year to VND3.93 trillion, the lowest since it was acquired by a Thai billionaire. Its revenues were VND26.37 trillion, a decline of 6 percent. Thaibev owned by Charoen Sirivadhanabhakdi acquired the company in late 2017. …

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