Page 9 - (VietnamReport) Báo cáo Vietnam Earnings Insight 2021_Các xu hướng lợi nhuận theo ngành kinh tế 2021-2022
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                 or the first 10 months of 2021, “shocks” caused by the Covid-19 pandemic became more and more profound.
                 Gross domestic product (GDP) in the third quarter of 2021 decreased by - 6.17%, while the disrupted value
            Fchain and lower confidence in consumer sentiment did not recover in the previous two quarters as well as
            some fields experienced an “erosion” in profits. In addition, new consumer trends and behaviors emerging from
            the pandemic are forecasted to continue lasting in the following years, forcing enterprises to adapt, innovate and
            develop response solutions quickly. Entering the recovery phase and making efforts on good production - good
            pandemic  prevention,  Vietnamese  enterprises  need  to  determine  and  flexibly  adjust  profit  targets,  thereby
            strengthening their brand value and position in the market.

            In such a context and within the framework of the announcement of the PROFIT500 Ranking - Top 500 most prof-
            itable enterprises in 2021 and honoring typical enterprises in the Top 10 Reputable Companies in the Retail and
            Food-Beverage industry, Vietnam Report researched and published Vietnam Earnings Insight 2021, a Bilingual
            Report. In addition to the comments on the situation and quality of profit growth of enterprises under the impact
            of the Covid-19 pandemic, the report also analyzes the trends and prospects of industries that are likely to accel-
            erate in the next new normal. Moreover, the report also assesses risks and strategic solutions to help enterprises
            better visualize value chain recovery plans, develop images and strengthen their foothold in the market, thereby
            achieving their profit growth target.

            The Editorial Board of Vietnam Report hopes that Vietnam Earnings Insight 2021 released in November 2021
            will be a useful reference for the Vietnamese business community in particular and all readers in general.

            The  Editorial  Board  also  would  like  to  express  our  sincere  thanks  to  the  Sponsors,  namely  c.P.  Vietnam
            corporation, Greenfeed Vietnam, and Häfele Vietnam limited liability company, for accompanying us
            to successfully publish the Report.

            We hope to receive your feedbacks and comments in order to make the Report better and better.

            Yours sincerely,

            Vu Dang Vinh
            cEO of Vietnam Report JSc

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