Vinh Hoan Co reports gaining Jan-February export turnover of $22m

In the first two months of 2011, Vinh Hoan Joint Stock Co (coded VHC) reported to reach accumulative export turnover of $22 million, a year-on-year increase of 20 percent.



In details, the company’s export turnover to the US markets counted for 52 percent of the total, followed by the EU of 29 percent, and other markets of Australia, Canada, Hong Kong etc.



In the US markets, VHC retained the anti-dumping duties of 0 percent. Therefore, the company will get refund for the paid tariff in the period of August 2009 to July 2010 of $1.2 million, resulting in the increase of combined profit in the parent company.

Tags: Vietnam companies

Posted by VBN on Mar 23 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry