VISSAN Joint Stock Company will continue to supply fresh food to the HCM City market though some its workers were found infected with COVID-19 coronavirus.
Authorities have been increasing imports to contain prices, and even allowed for the first time imports of live pigs to cater to people’s preference for fresh meat over frozen meat.
Vissan Joint Stock Company targets revenues of VND5.58 trillion (US$240.1 million) and pre-tax profits of VND180 billion ($7.73 million) this year, 12 per cent up and 20 per cent down from 2019.
Leading food processor Vissan Joint Stock Company reported pre-tax profits of VND212.66 billion (US$9.19 million) on revenues of VND4.9 trillion ($211.6 million) last year, representing increases of 22 per cent and 10 per cent.
A number of food companies based in HCM City are planning to relocate their manufacturing facilities to neighbouring provinces for various reasons including cost.
Vissan Joint Stock Company, the country’s leading food producer, will increase supply by 15-20 per cent for Tet (Lunar New Year) in early 2019, including 3,200 tonnes of fresh meat and 2,800 tonnes of processed foods.
Vissan Joint Stock Company targets a pre-tax profit of VND179 billion on revenues of VND4.6 trillion (US$204.5 million) this year, respectively 8 per cent and 18 per cent higher year-on-year.
The Vissan Joint Stock Company plans to increase revenue by 18 per cent, reaching VND4.6 trillion (US$204.5 million) this year compared with that of last year.
Leading food processor Vissan Joint Stock Company reported pre-tax profit of VND165.7 billion ($7.29 million) on revenues of VND3.9 trillion (US$171.78 million) for last year, an increase of 12 per cent and 6 per cent, its general director said.
Vissan Joint Stock Company will offer 30 per cent discounts on fresh pork products at Saigon Co.op’s supermarket system (including Co.opmart and Co.op Food) in HCM City, Binh Duong, Binh Phuoc, Tay Ninh and Central Highlands and Mekong Delta provinces.