Vietnam food and beverage news covers the latest developments in one of the country’s most rapidly growing industries. Vietnamese love to eat and drink and with this in mind, this section tracks Vietnam food and beverage news including key regulations, data points, and developments.

Vietnam coffee exports up 5.5 percent August over July

the-shiv September 15, 2024

Vietnam’s coffee exports climbed by 5.5 percent in August over July from US$381.2 million to US$402.2 million. Vietnam’s coffee exports for the year now stand at US$4 billion which is an increase 35.6 percent over the same period last year. That said, Vietnam has seen a decline in the volume of coffee exports of 12.1 percent year-on-year.

Saigon Beer Alcohol Beverage Corporation: Vietnam Stock Overview

the-shiv September 13, 2024

Notably, Sabeco is looking to acquire a majority stake in Saigon Binh Tay Beer Corporation, commonly known as Sabibeco Group, which produces beer under the Sagota brand. If Sabeco succeeds in taking control of Sabibeco, it would overtake Heineken as the largest beer producer in Vietnam…

How to Brew Beer in Vietnam: Ultimate Guide 2024

the-shiv September 11, 2024

Vietnam, known for its vibrant beer culture, offers a unique environment for brewing beer. With its rapidly expanding market and growing appreciation for craft and premium brews, the country has become a prime location for both large-scale breweries and small craft beer enthusiasts to thrive. Understanding the nuances of brewing beer in Vietnam, however, including the country’s unique business environment and business practices can be key to ensuring a high-quality product is produced in a timely and effective way.

Liquor Licences in Vietnam 2024

the-shiv September 11, 2024

In Vietnam, liquor licences are mandatory for businesses involved in the production, distribution, retail, or import/export of alcoholic beverages. The licensing process is regulated by the Ministry of Industry and Trade (MOIT) and other relevant authorities depending on the type and scale of the business. Vietnam has specific regulations for different types of alcoholic products, such as beer, wine, and spirits. Obtaining a liquor licence is essential for legal compliance and ensures that businesses adhere to safety, taxation, and distribution laws.

Food Safety Certification in Vietnam 2024

the-shiv September 11, 2024

Food safety certification plays a vital role in Vietnam’s growing food industry, ensuring that businesses maintain high safety standards to protect consumers and meet regulatory requirements. Obtaining the appropriate certifications allows businesses to operate legally, improve their reputation, and compete in both local and international markets. Compliance with these certifications demonstrates a commitment to food safety and quality, contributing to the long-term success of the business and the overall safety of Vietnam’s food supply chain.

Singapore food conglomerate to build coffee processing plant in central Vietnam

the-shiv September 9, 2024

This announcement is in line with Vietnam being one of the biggest coffee producers in the world. This has seen a number of key international brands develop processing facilities in Vietnam. Notably, last year, France’s Louis Dreyfus Company and Poland’s Instanta Sp. z o.o. inaugurated a freeze-dried instant coffee production facility in Vietnam’s Binh Duong province. The project reportedly cost US$84.2 million with a capacity of 5,600 tonnes…

Vietnam’s Saigon Beer maker planning increased stake in local beer brand Sagota

the-shiv September 7, 2024

Vietnam’s beer market has reported some challenges over the last couple of years from stricter enforcement of drink driving laws, to belt-tightening among consumers on the back of broader economic challenges, to greater competition and an increase in imported beers. As a result, a number of beer makers in Vietnam have recorded negative or slower than expected growth. In this context, this announcement could be the beginning of an era of consolidation within the industry…

Vietnam’s Coffee Industry in 2024: Overview

the-shiv September 3, 2024

In 2024, Vietnam continues to be a formidable force in the global coffee industry, maintaining its status as the second-largest coffee exporter in the world, just behind Brazil. Vietnam is particularly renowned for its robusta coffee, which plays a pivotal role in the global market. The country’s robusta production, primarily centred in the Central Highlands, accounts for a significant portion of the global supply, making Vietnam an essential contributor to the international coffee trade…

Cheap meat imports continue to create discontent in Vietnam

the-shiv September 3, 2024

Cheap imported meats have become an increasing concern among local meat producers with similar articles appearing in state media every other week. This narrative is largely growing in prominence on the back of a number of free trade agreements Vietnam has signed on to that are bringing down import tariffs on meat products. This has further been exacerbated by challenges in the local meat industry, particularly repeated outbreaks of African Swine Fever…

Name confusion in fake milk case sparks response from Netherlands dairy in Vietnam

the-shiv September 3, 2024

Of note, it is not all that uncommon for local companies to choose names that could easily be associated with an existing firm or brand to high-jack their brand reputation. Though Vietnam has in recent years strengthened intellectual property laws, the reality is that enforcement has been challenging…

South Korean Choco-pie maker expecting Vietnam dividend over US$78 million

the-shiv August 28, 2024

Vietnam’s food and beverage industry has experienced remarkable growth in recent years, driven by a combination of factors including rapid urbanisation, rising disposable incomes, and a burgeoning middle class. This has seen a big uptick in snack food consumption. On average, Vietnamese consume 5.2 kilograms of snack foods per person, slightly higher than the global average of five kilograms…

Vietnam Beer: What You Need To Know in 2024

the-shiv August 23, 2024

Vietnamese are among the biggest beer drinkers in Southeast Asia. In fact, by consumption, international beverage and hospitality firm, Kirin Holdings, found that Vietnam had the seventh highest beer consumption in the world after Germany but, notably, before the United Kingdom which was in position eight.

Emu eggs selling in Vietnam for up to US$40 a piece

the-shiv August 23, 2024

Alongside rising middle class incomes, the demand for luxury goods and exotic foods in Vietnam is also growing. Of note, New Viet Dairy, an importer and distributor of speciality dairy and deli products, was sold to Japan’s Sojitz Corporation last year. The value of the deal was not announced, however, New Viet Dairy recorded revenue in 2022 of US$320 million…

Vietnam F&B outlets down 3.9 percent in six months to June: iPOS

the-shiv August 22, 2024

The report suggest this was in large part the result of a spike in small food outlets opening and then closing within three months. It also notes that the market may have been over saturated with the number of new food outlets opening post-COVID outpacing revenue growth in the industry.

Starbucks closes premium store in Vietnam’s Ho Chi Minh City

the-shiv August 19, 2024

Of note, opening a cafe or coffee shop in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there a number of technical and licensing requirements that need to be met, but Vietnam has also developed its own very distinct and unique coffee culture which can make penetrating Vietnam’s coffee consumer class challenging…

Vietnam Stock Reviews: Vinamilk (dairy products)

Huong Nguyen August 19, 2024

In the second half of the year, domestic consumption is projected to bounce partly thanks to a nationwide increase in the salaries of government employees, providing a strong stimulus for Vinamilk to grow. Additionally, Vinamilk is actively pursuing new opportunities by expanding its presence in global supply chains, focusing on emerging markets and leveraging free trade agreements…

Vietnam’s Dairy Market 2024: Overview

the-shiv August 17, 2024

Looking ahead, the dairy industry in Vietnam is poised for continued expansion. Factors such as rising consumer awareness of dairy’s nutritional benefits, coupled with increasing urbanisation and changing dietary habits, are expected to fuel demand. However, the industry must also address challenges related to milk quality, supply chain efficiency, and competition to sustain its growth momentum.

Vietnam’s Food and Beverage Industry 2024

the-shiv August 17, 2024

Vietnam’s food and beverage–or F&B–industry has experienced remarkable growth in recent years, driven by a combination of factors including rapid urbanisation, rising disposable incomes, and a burgeoning middle class. The country’s rich culinary heritage, coupled with increasing consumer demand for diverse and convenient food options, has created a dynamic and promising market.

PepsiCo Foods building $US90 million plant in northern Vietnam

the-shiv August 15, 2024

Notably, Vietnam’s snack consumption is estimated at about 5.2 kg per capita, significantly higher than the global average of five kilograms, suggesting a healthy market for snack foods. Furthermore, Vietnam’s snack food market is projected to reach US$3.9 billion this year, with a compound annual growth rate of 8.15 percent from 2024 to 2029, according to Statista…

Vietnam Seafood Processing: Industry Overview 2024

the-shiv August 14, 2024

Vietnam is a major exporter of seafood products, with the US, China, Japan, and South Korea as primary markets. The industry offers a vast array of seafood, from shrimp and catfish to tuna and squid. Aquaculture has grown in importance, substantially contributing to overall seafood production. Employing millions, primarily women, the industry significantly impacts the socioeconomic landscape.