Long Hau Corporation, owner of Long Hau Industrial Park in Long An province, reported net revenue of over VND115 billion ($4.8 million) and after-tax profit of VND50.7 billion ($2.1 million) in Q1, up 0.8% and 9% year-on-year, respectively.
Last year was a complex one for Japanese businesses operating in Vietnam. After a turbulent 2021, we expected 2022 would accelerate Vietnam s recovery path. However, things have not been easy with the pandemic earlier in the year, the Ukraine conflict beginning, increased energy and logistics costs, and Chinese restrictions.