Vietnamese confectionery businesses have upgraded production technologies to improve quality and efficiency, and developed new product lines to retain market share at home and also boost exports amid fierce competition.
Vietnamese agriculture and food company PAN Group Joint Stock Company (PAN) has just offered to buy more than 7.7 million shares of Bibica Corporation, one of the leading confectionery businesses in Viet Nam.
Confectioner Bibica Corporation (BBC) announced revenues of VND1.17
trillion (US$52.2 million), and pre-tax profits of VND107 billion ($4.7
million) in 2015, which was 40 per cent higher than the previous year.
Confectioner Bibica Corporation (BBC) has announced first half pre-tax
profits of nearly VND24 billion (US$1.1 million), four times the VND6
billion ($284,000) it earned during the same period last year.