VietJet CEO says net profit to climb 30 pct in 2017

Jan 10 Private Vietnamese airline VietJet expects net profit to climb 30 percent in 2017, after its bottomline almost doubled over the past 12 months, founder and CEO Nguyen Thi Phuong Thao said in an interview on Tuesday. Thao said the budget airline’s pre-tax profit rose 91.6 percent year-on-year in 2016 to 2.3 trillion dong .

Recruitment firm Robert Walters’ FY gross profit rises 9 pct

Jan 10 Robert Walters reported a 9 percent rise in full-year gross profit on a constant currency basis and said pretax profit for the year would be slightly ahead of market expectations. The company, which places people in finance, engineering, legal and marketing jobs, reported higher quarterly gross profit, driven by growth in all its regions and said UK gross profit rose 16 percent to 23.1 million pounds in the three months ended Dec. 31. Robert Walters, which makes nearly two-thirds of its gross profit outside the UK, said in a trading statement on Tuesday that it had entered two new countries with the opening of offices in Canada and Portugal.

Taichung-Ho Chi Minh flights launch this month

Vietnamese budget carrier VietJet Air will launch a new route later this month, linking Ho Chi Minh City in Vietnam with Taichung in Taiwan, as the central Taiwan city seeks to promote itself as an operations base for low-cost carriers. The new route will be officially launched on Jan. 15, with four flights a week – Sunday, Monday, Wednesday and Friday – and a flying time of more than three hours between the two cities, according to the airline.