Bibica earns more from confectionery exports

The listed company Bien Hoa Confectionery (Bibica) expects total revenue of VND480 billion this year, including US$ 1million from exports, double last year’s figure.

In November alone, the company sent 10 confectionery containers worth US$150,000 to the Philippines, Taiwan and Hong Kong. It has just commissioned a new confectionery factory, the Bibica Mien Dong, which is expected to contribute VND90 billion to its annual sales.

Bibica plans to expand business to new markets, including Brazil, Turkey and some other countries.

(Source: SGT)