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Vietnam’s Imports and Exports, March 2024: Snapshot
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Snapshot: Manufacturing in Vietnam, February 2024
Vietnam’s Economy, February 2024: Snapshot
Snapshot: Manufacturing in Vietnam, January 2024
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Vietnam’s Economy, January 2023: Snapshot
Snapshot: Manufacturing in Vietnam, December 2023
Vietnam’s Stock Market, December 2023: Snapshot
Vietnam’s Economy, December 2023: Snapshot
Snapshot: Manufacturing in Vietnam, November 2023
Snapshot: Vietnam’s Coffee Industry, November 2023
Vietnam’s Economy, November 2023: Snapshot
Vietnam’s Stock Market, November 2023: Snapshot
Vietnam’s Financial Sector: An Overview 2024
Snapshot: Vietnam’s Coffee Industry, October 2023
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.
The Vietnam Livestock Association and the Animal Feed, Large Livestock and Poultry Breeding associations have made a submission to the Government of Vietnam requesting additional technical barriers on imported meats, Tuoi Tre is reporting. The associations are essentially arguing that Vietnam’s technical requirements for meat imports are lax relative to
Major beer makers in Vietnam including the makers of the popular Beer Saigon and Beer Hanoi brands have reported falling profits in 2023, The Investor is reporting. The publication goes on to say this is due to a crackdown on drink-driving and a ‘pending alcohol tax’. On the latter, it’s
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. This preference for beer,
Vietnam’s coffee farmers are refusing to fill orders looking to renegotiate their contracts in light of higher than expected coffee prices, Reuters is reporting. The publication goes on to say that what started as a local problem is now starting to impact the global coffee market. Incidentally, The Investor carried
Vietnam’s Phuc Long Coffee & Tea is set to expand its presences in Hanoi and Ho Chi Minh City in 2024 by up to 60 stores, World Coffee Portal is reporting. The company,a subsidiary of major Vietnam food and beverage conglomerate, Masan Group, is aiming to hit year-on-year sales growth
In an opinion piece in The Investor Phan Minh Thong, general director of Phuc Sinh Group, a local coffee exporter, argues that there needs to be greater fairness in Vietnam’s coffee industry. In particular, he suggests agreements with international buyers are often weighted to the advantage of the buyer but
Coffee culture is a big part of life in Vietnam. From the streets of Hanoi to the mountains of Da Lat, casual conversation over coffee with friends has become a national pastime. Vietnam has also developed its own unique ways of drinking coffee. From coconut coffee to egg coffee, to
Coffee prices in Vietnam hit 72,500 (US$$2.87) per kilo today the highest price ever, VN Express is reporting. The publication credits this to concerns about supply shortages due ships avoiding the Suez Canal due to conflict in the Red Sea and instead going around Africa. Vietnam coffee prices, Dak Lak,
Nestle intends to drop an additional US$100 million on its plant in Vietnam’s Tri An province to double its processing capacity, Vietnam News is reporting. The factory currently processes Vietnamese coffee for export to 29 countries. Notably Nestle is the biggest buyer of coffee in Vietnam, buying up around US$700
Up to half of Vietnam’s current coffee farming land may be unusable in 50 years according to Philipp Navratil, global head of Nestle’s coffee strategic business unit, and quoted by Bloomberg. Local farmers are reportedly pulling out coffee plants in favour of more weather resistant crops like avocado and durian.
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