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food and beverage market
Update news food and beverage market
At least 30,000 food and beverage stores in Vietnam closed in H1
The latest shutdown reduced the number of stores operating in the country to approximately 304,700, down four per cent year-on-year, according to a report published by the iPOS.vn platform, which specialises in researching the Vietnamese market.
Vietnam's food and beverage industry to do well this year despite modest economy
The food and beverage market is forecast to grow by over 18 per cent this year to VND720 trillion (US$31 billion).
Technology to help Vietnam's F&B recover
Technology applications have played an important role in helping the food and beverage (F&B) market in Vietnam get back on track after two years of challenges due to the pandemic, experts have said.
Incurring big losses, café chains shut down
The Covid-19 pandemic, with changes in consumers’ habits and requirement on a minimum distance between customers, has dealt a strong blow to the (food and beverage) F&B industry.
F&B groups hunker down during curbs
Expansion of home delivery and promotion programmes are opening up chances for food and beverage enterprises this year, but transportation disruption for the non-essential sector will continue to narrow the door.
