AEC Feed

AirAsia posted an almost six-fold increase in its earnings for the first quarter to 877.8 million ringgit (about Bt7.7 million), mainly due to higher revenue and lower fuel prices.
The low-cost airline said the surge in its net profit was attributed to a 31-per-cent increase in revenue to 1.7 billion ringgit, as well as a 29-per-cent drop in the average fuel price to $56 from $79 per barrel a year ago.
In its announcement to Bursa Malaysia yesterday, AirAsia said its increase in revenue was supported by a 17-per-cent growth in passenger volume and higher average fares, up 11 per cent at 166 ringgit as compared with 150 ringgit in the first quarter of last year, – The Star

Made in Thailand Outlet in Hanoi boosts trade ties

The Made in Thailand Outlet offers a good chance for enterprises from Thailand and Vietnam to expand their trade cooperation, Ponpimon Petcharakul, trade counsellor at the Thai Embassy in Vietnam, said at the opening ceremony of the outlet in Hanoi on Thursday. As a counsellor in charge of trade, she vowed to help popularise Thai products in Vietnam and made-in-Vietnam goods in Thailand.
According to the organising board, this year’s four-day event has attracted 120 Thai businesses showcasing their products at 150 booths. The items include food, beverages, household commodities, garments and textiles, jewellery, electrical appliances, health and beauty products, and auto parts. – Viet Nam News

Panasonic revamps showroom in VN

Panasonic Vietnam opened its redesigned corporate showroom, Panasonic Risupia Vietnam, on Wednesday to celebrate the 10th anniversary of the company’s establishment in the country. The showroom was renovated to showcase the latest Premium Lifestyle solutions and provide a more interactive experience for visitors.
Panasonic’s latest technologies, such as “Transparent Screen” – an intelligent glass display that has the ability to project images and information such as news programmes and weather data – and the latest audio-visual solutions, are being exhibited at the newly renovated entrance. – Viet Nam News

Vietnam-Japan economic policy dialogue

Japan is Vietnam’s largest official development assistance provider, contributing to developing infrastructure in the country, said Vietnamese Prime Minister Nguyen Xuan Phuc.
He attended the Vietnam-Japan high-level economic policy dialogue yesterday, right after his arrival in Nagoya, Aichi prefecture.
Addressing the dialogue, themed “Vietnam’s Integration and Development”, a representative from the Japanese Ministry of Economy, Trade and Industry affirmed Vietnam as an important partner of Japan, which has been proved through the regular exchange of high-ranking delegations. – Viet Nam News