The third quarter (Q3) profit picture shows a positive recovery for seafood companies, coupled with increasing export expectations in the year-end period, indicating that the industry is entering a new growth cycle.
Vinamilk, Vietnam’s largest dairy manufacturer, has set a target of the revenue growth of at least 5-percent to over 64 trillion VND (2.8 billion USD) in 2022, a rise from the 2.2 percent of last year.
The Bao Viet Group ranked first among the insurance companies in Vietnam with a revenue of more than 9.9 trillion VND (nearly 423.7 million USD) in the first half of 2018.
Vietnam Railways (VNR) has targeted a revenue growth of over eight percent on last year’s figure of 8.17 trillion VND, said Vu Anh Minh, the corporation’s chairman.
The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) produced a total of 1.72 billion litres of beer in 2017 and saw a 11 percent revenue growth year-on-year, said the corporation.