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Tag: solidifying

  • Chinese Hotpot Giant Haidilao Sees Sizzling $93.9M Revenues in Vietnam, Solidifying Asian Market Dominance

    Chinese Hotpot Giant Haidilao Sees Sizzling $93.9M Revenues in Vietnam, Solidifying Asian Market Dominance

    The renowned Chinese hotpot restaurant chain, Haidilao, announced that it generated over US$93.9 million in revenue from its operations in Vietnam in 2025, marking a 7% increase from the previous year. This solid performance propelled Vietnam to become Haidilao’s fourth-largest international market in terms of sales, following Singapore, the U.S., and Malaysia.

    Global Performance

    In 2025, Haidilao’s total revenue from all its overseas markets was reported at $840 million, representing an 8% boost compared to the year before. Additionally, the restaurant chain’s pre-tax profits experienced a significant surge, nearly 50%, amounting to $49.5 million.

    Presence in Vietnam

    Haidilao made its debut in Vietnam in 2019, with its inaugural restaurant located in the Bitexco Tower in Ho Chi Minh City (HCMC). To date, Haidilao’s presence in Vietnam has grown to 17 outlets scattered across the country. Ten of these can be found in HCMC, six in Hanoi, and one in the central coastal city of Nha Trang.

    Company Background

    The story of Haidilao began in 1994 when Zhang Yong and his partners established the brand. Emerging from humble beginnings with only a four-table restaurant in a small town in China’s Sichuan province, the chain has transformed into a globally recognized brand within the Chinese restaurant industry. This success has also catapulted the co-founders into the league of billionaires.

    Questions & Answers

    What are Haidilao’s top overseas markets?
    Vietnam is Haidilao’s fourth-largest overseas market in terms of sales, following Singapore, the U.S., and Malaysia.

    How many outlets does Haidilao have in Vietnam?
    As of 2025, Haidilao has 17 outlets in Vietnam, with 10 in Ho Chi Minh City, six in Hanoi, and one in the central coastal city of Nha Trang.

    When did Haidilao first establish a presence in Vietnam?
    Haidilao entered the Vietnamese market in 2019 with its first restaurant located in the Bitexco Tower in Ho Chi Minh City.

  • Airasia Launches Direct Routes From Malaysia To Indonesia, Boosting Regional Connectivity And Economic Growth

    Airasia Launches Direct Routes From Malaysia To Indonesia, Boosting Regional Connectivity And Economic Growth

    AirAsia, signified by the flight code AK, has expanded its offerings, introducing two direct air routes from the Malaysian cities of Kuala Lumpur and Kuching to Pontianak, Indonesia. This development furthers its reputation as the airline with the most extensive network connecting these two countries. It also upholds AirAsia’s dedication to enhancing regional connectivity and fostering economic growth throughout the region.

    Celebratory Reception

    Upon its return, flight AK1782 from Pontianak received a warm reception at Kuching International Airport. The occasion was celebrated with cultural performances and attending guests from Pontianak were welcomed by dignitaries, including Deputy Minister for Tourism, Creative Industry and Performing Arts Sarawak, YB Datuk Snowdan Lawan, and AirAsia Malaysia CEO, Dato’ Captain Fareh Mazputra. Representatives from various Malaysia Airports, government departments and private hospitals in Kuching also attended the event.

    In Kuala Lumpur International Airport Terminal 2, passengers on the inaugural flight AK491 from Pontianak were greeted by Tourism Malaysia and members of the AirAsia Management.

    First International Services at Supadio Airport

    These flights are the first international services to take place at Pontianak’s Supadio Airport since it regained its international status in June 2025. This significant event involved a special welcoming ceremony for dignitaries, headed by the Governor of West Kalimantan, Drs Ria Norsan, and the Malaysian Consul in Pontianak, En Azizul Zekri Abdul Rahim.

    Minister for Transport Sarawak, YB Dato’ Sri Lee Kim Shin, expressed his delight regarding the reinstatement of the Kuching-Pontianak route after a five-year pause. He emphasised the positive impact of this move, which will substantially reduce travel times, boost tourism, and strengthen connections between Sarawak and West Kalimantan.

    AirAsia’s Expansion

    AirAsia is proud of its recent route expansions, with Indonesia remaining a key market for the airline. CEO of AirAsia Malaysia, Dato’ Captain Fareh Mazputra, highlighted the significance of reintroducing the Pontianak route, which will increase convenience for passengers and open up new opportunities for tourism and business between Malaysia and Indonesia.

    CEO of Sarawak Tourism Board, Mdm Sharzede Salleh Askor, expressed her excitement over the reinstatement of direct air connectivity between Kuching and Pontianak. This development will make travel more convenient for those in West Kalimantan, strengthen Sarawak’s role as the gateway to Borneo, and attract more visitors from Pontianak and beyond.

    Currently, AirAsia Malaysia serves 18 destinations in Indonesia from Kuala Lumpur, with a new route to Banjarmasin set to commence on 20 October 2025.

    Questions & Answers

    What is the significance of the new AirAsia routes?
    These routes not only improve travel convenience but also open up new opportunities for tourism and business between Malaysia and Indonesia.

    What other Indonesian cities does AirAsia Malaysia connect with?
    AirAsia Malaysia currently connects with 18 Indonesian cities, including Jakarta, Bali (Denpasar), Medan, Yogyakarta, and more.

    What’s the impact of reinstating the Kuching-Pontianak route?
    This development will reduce travel times, boost tourism, and strengthen connections between Sarawak and West Kalimantan.