Forecasting revenue growth in excel

Hanoi (VNS/VNA) - For two decades, farmer To Nguyen Ho Hai in the Central Highlands province of Gia Lai grew peppers, enjoying a boon in production. Five years ago, the industry was doing so well, and the price of peppers so high, he more than doubled his investment, increasing from 900 pepper pillars to 2,000.    At the time, farmers took their profits and reinvested with prices hitting as much as 260,000 VND (11.2 USD) per kg at their peak in 2015. Hoang Phuoc Binh, Vice Chairman of the Pepper Association of Gia Lai province’s Chu Se district, recalled the time when peppers were hot in more ways than one.   “Every farmer, every household grew peppers,” he said. “The more profit they earned, the more money they poured in investing in buying land to grow more pepper.” According to Vu Ngoc An, Deputy Director of the provincial Department of Agriculture and Rural Development, when people saw households making profits of up to 500 million … [Read more...] about Quality key to pepper growth, not quantity

Hanoi (VNS/VNA) - The logistics sector is forecast to continue growing strongly this year, with expansion in both retail and e-commerce channels. The Vietnam E-commerce and Digital Economy Agency (IDEA) forecasts that the Vietnamese e-commerce market will reach 10 billion USD this year. The agency also estimated that delivery services would record a revenue growth of 30-40 percent, with the market growing 20 percent and large companies taking a bigger share. In a Google-Temasek report on e-commerce in ASEAN countries, the Vietnamese e-commerce market is estimated to increase from 4.6 billion USD last year to 23 billion USD by 2025. The strong growth of e-commerce is beneficial for other supporting industries, such as logistics and e-payment services. However, the competition in the delivery industry is high as new competitors entered the market in the 2018-19 period, such as Grab Express. The European Union − Vietnam Free Trade Agreement (EVFTA) is expected to take effect … [Read more...] about Delivery services to grow 30-40 percent in 2020

Revenue growth of Vietnamese companies on the Best Over A Billion list Compared with other companies, Mobile World has enjoyed a spectacular breakthrough over the past few years. In 2020, the company has set the target to reach VND122.5 trillion ($5.28 billion) in profits, up 34.4 per cent against 2019. If the company maintains a compound annual growth rate of over 52 per cent, it is likely to reach the $10 billion milestone soon. … [Read more...] about Best Over A Billion spotlights rising star

All amusement and business establishments in the capital like bars, pubs, restaurants, and shops start winding down before midnight when police patrols set out, reminding them to shut down, turn off the electricity and clear motorbikes off the sidewalk and street. … [Read more...] about Hanoi trails regional tourist hubs in attracting visitors

In contrast, shrimp exports to the EU fell by 21 per cent. Of which, the main consumption countries such as the UK, Germany and the Netherlands recorded a decrease of 5 per cent, 9 per cent and 45 per cent, respectively. Average selling price decreased by $1 per kilo against the same period last year. … [Read more...] about Overview of Vietnam’s seafood export in July