Agri major Loc Troi turns loss into record high profit, Vinafood 2 profit up 2 times

Agri major Loc Troi turns loss into record high profit, Vinafood 2 profit up 2 times

Agricultural services and food majors Loc Troi JSC and Vinafood 2 posted a remarkable profit in the second quarter of the year, while their peers Trung An Rice and An Giang Import-Export incurred a loss.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Rice exports set to simmer despite rising prices: industry CEO

Rice exports set to simmer despite rising prices: industry CEO

Vietnamese farmers and businesses are unlikely to reap the rewards of increasing export volumes and prices due to the adverse effects of climate change, which has resulted in saltwater intrusion and water shortages, said Pham Thai Binh, CEO of Trung An High-Tech Agriculture JSC.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam rice exporters see Q1 profit drop due to interest expense

Vietnam rice exporters see Q1 profit drop due to interest expense

Trung An Rice reported a sharp profit drop in the first quarter of this year, while other major rice exporters Loc Troi Group and Angimex posted losses due to high interest expense.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7