Kido enters Vietnam's billion-dollar spice market
Vietnamese food major Kido has launched four products in the domestic fish sauce and seasonings sector to take advantage of the booming industry, which in 2022 was worth over VND35,700 billion ($1.47 billion) and is forecast to increase to VND40,800 billion ($1.68 billion) in 2026.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Leading Vietnam food firm Kido joins hands with Tiktok
Vietnam's leading food producer Kido on Saturday launched its first E2E (entertainment and e-commerce) channel on the Tiktok Shop platform.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food major Kido fined for information disclosure violations
Leading Vietnamese food and cooking oil producer Kido Group has been fined VND117.5 million ($4,830) for non-disclosure or late disclosure of information.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s ice cream market can grow to $206 mln in 2023
The retail sale value of Vietnam’s ice cream market can grow 8% year-on-year to VND4.9 trillion ($205.7 million) in 2023, market researcher Euromonitor reported.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food firm Kido posts highest quarter profit in 7 years
Leading Vietnamese food and cooking oil producer Kido Group reported an after-tax profit of VND651 billion ($27.5 million) in the second quarter of this year, up 198% year-on-year and the highest profit since the fourth quarter of 2016.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food firm Kido targets highest profit in 7 years
Leading Vietnamese food and cooking oil producer Kido Group is targeting a consolidated revenue of VND15 trillion ($638.4 million) in 2023, and pre-tax profit of VND900 billion ($38.3 million), up 20% and up 76% year-on-year, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido buys 25% stake in food producer Tho Phat
Leading Vietnamese food and cooking oil producer Kido Group completed the purchase of a 25% stake in Tho Phat Food Processing Company on Monday, and is negotiating to buy more to be the majority shareholder.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido to acquire 25% stake in food maker Tho Phat, invest more
Vietnamese leading food and cooking oil producer Kido Group will purchase a 25% stake in Tho Phat Food Processing Company, and continue to raise its ownership to the range of 51-70%, said Kido vice board chairman and CEO Tran Le Nguyen.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major vegetable oil firm Vocarimex to spend $51 mln on dividends
Vocarimex, a subsidiary of Vietnam's leading food and cooking oil producer Kido Group, will spend about VND1,218 billion ($51.31 million) to pay shareholder dividends in cash at the rate of 100%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido divests from Chuk Chuk F&B chain
Kido Group, Vietnam's leading food and cooking oil producer, has approved its divestment from TTV Investment-Trading JSC, operator of the F&B chain Chuk Chuk.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food major Kido sells 22.5 million treasury shares to foreign firm
Kido will sell more than 22.5 million treasury shares to a multinational consumer goods corporation which can help the group expand its export.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food major Kido plans to sell 22.5 million treasury shares
Kido Group (KDC), Vietnam's leading food and cooking oil producer, plans to sell over 22.5 million KDC shares before repurchasing 10 million as treasury shares, equivalent to 3.57% of outstanding shares.
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk, Kido dissolve $16 mln ice cream joint venture
Vibev, an ice cream and non-alcoholic beverage company owned by Vinamilk and cooking oil maker Kido, will be dissolved less than two years after its establishment.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido divests from owner of cooking oil brands Neptune, Simply
Kido Group, Vietnam's leading food and cooking oil producer, has entirely divested from Calofic Corporation - owner of many cooking oil brands like Neptune, Simply, and Meizan, to restructure its cooking oil segment.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido Group sets up $10.5 mln lard, vegetable oil firm
The Kido Group, Vietnam's leading food and cooking oil producer, has announced the establishment of a VND250 billion ($10.47 million) lard and vegetable oil production company.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
