Consumer goods industry
In 2011, Vinamilk, a dairy producer, had a prosperous year in 2011 with the turnover of 22,070 billion dong and the post tax profit of 4218 billion dong, an increase of 40 percent in turnover and 30 percent of profit in comparison with the year before.
Vinamilk was one of the rare listed businesses which had the turnover of over one billion dollars in 2011. Though the company has not declared the detailed business plan for 2011, analysts believe that it would continue obtaining high growth. Vinamilk’s shares are always among the most expensive commodities on the stock market, but they are still being hunted by investors.
Kinh Do, Hai Ha, Bibica, the sweets manufacturers also have reported a successful year. KDC plans to obtain the turnover increase of 40 percent in 2012. As for Bibica, it plans to increase by 30 percent in turnover.
Commenting about the business targets, analysts say that the high targets prove to be within the reach of the companies. Especially, dairy producers, sweets and vegetable oil producers would see high growth rate thanks to good consumption.
Sugar industry
All the six sugar companies listing their shares on the stock market, including Lam Son (LSS), Bien Hoa (BHS), Kon Tum Sugar (KTS), Ninh Hoa (NHS), Bourbon (SBT), and Gia Lai thermopower plant sugar (SEC) made fat profits in 2011, which exceeded the targeted level set up by the shareholders’ meeting.
According to the Ha Thanh Securities Company, the domestic sugar prices would increase to match with the world’s prices which have been forecasted to increase by six percent. Besides, the 40 operational sugar refineries in Vietnam just can meet 70 percent of the domestic demand. Therefore, the industry still has great potentials to develop.
Agricultural production
While the national economy still has not recovered, agricultural production would continue serving as the “lifebuoy” for economic development. In 2011, Vietnam exported 25 billion dollar worth of farm produce, accounting for 22 percent of the total export turnover.
According to the HCM City Stock Exchange, the enterprises in agriculture are the ones which have the highest ratios of return on equity and return on assets in comparison with other industries, at 20 percent. The ratio of post tax profit on equity of NSC, a plant seed company, was 76 percent in 2011, which represented a 46 percent increase in comparison with 2010.
As experts have predicted the increasing demand for food in the world--in the context of the limited food supply due to the rapid urbanization process, climate change, epidemics and natural calamities, agricultural production would continue playing a very important role in the national economy.
Information technology
According to the securities company APEC, information technology has always been one of the hottest economic sectors in Vietnam in the last many years, with the high growth rate of 20-25 percent per annum, or two or three times higher than the GDP growth rate. The higher growth rates have been reported for the software, digital content firms.
This would still be one of the fastest growing industries in 2012 and the next few years. It is expected that Vietnam would become one of the 70 nations with the fastest growing information technology in the next three years with the mobile phone wave reaching out to 70 percent of Vietnamese population.
By 2015, Vietnam expects to have 20-30 percent of its families using computers and Internet. With such an ambitious plan, information technology firms would have a lot of business opportunities.
Source: TBKTSG
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