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CPF expands in Vietnam Charoen Pokphand Foods Plc is investing US$100 million (Bt2.9 billion) not only to produce more processed foods in Vietnam to serve consumers in that country but also to boost recognition of the CP brand in the upcoming single mark
CPF’s investment arm Vietnam Corporation (CPV) will also ensure food safety and security through the CP brand for sustainable growth.
A feed meal plant with some of the most modern manufacturing technologies will start operating next month with the capacity of 720,000 tonnes per year.
The plant, located in Hai Doung province near Hanoi, is designed to ensure world-class production and traceability, Sooksunt Jiumjaiswanglerg, general director of CPV, said last week.
A processing plant has also been built in Hanoi with capacity of 500,000 birds per week. It includes a slaughterhouse and can make sausages and other products.
Tisco's 44th anniversary product
Tisco Bank celebrates its 44th anniversary by offering its depositors and leasing customers a health insurance policy for Bt7,995 per year.
In cooperation with American International Assurance (Thailand), the policy allows customers to also buy insurance for their spouse and children at the same price. The insured are covered for hospital room charges starting at Bt4,000.
“Through partners, we have a variety of products for customers. All our products are designed for long-term value,” Sakchai Peechapat, senior executive vice president, said last week.
Tisco Bank expects its bancassurance business to expand by 25-30 per cent this year. Its premiums last year were Bt7 billion.
Zeavola targets divers
Koh Phi Phi’s boutique resort Zeavola, one of the region’s pioneering eco and luxury diving resorts, will enter China with elite PADI Five Star diving credentials.
Zeavola is one of a few properties in the world to secure PADI’s most prestigious appellation, which took special focus to achieve, general manager Florian Hallermann said last week.
The award-winning Zeavola resort perches atop the sparkling sands, verdant slopes and pristine waters of Koh Phi Phi Don’s northern tip at Laem Ton.
Zeavola will launch its luxury diving package at the China Dive Expo in Shanghai from March 22-24.
“Diving has exploded in China and now that we have joined the elite list of PADI Five Star Diving resorts, we are perfectly positioned to cater to China’s well-heeled and adventurous new generation of travellers.”
