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Tag: food and beverage

The Food & Beverage category covers market trends, production insights, and trade developments in the food and drink industry. It explores consumer preferences, supply chain issues, exports, imports, and regulatory policies, providing insights into sustainability, pricing trends, and investment opportunities in the sector.

 

Accommodation and food services sector in Vietnam records US$13.63 million in January FDI

In January, Vietnam’s accommodation and food services sector registered a total of US$13.63 million in new foreign direct investment (FDI) across seven new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$8.2 million compared to December, which saw US$21.8 million in registered capital. However, the number of new projects increased from two in December.

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Food and catering service costs in Vietnam increase in January

Food and catering service costs in Vietnam rose by 0.74 percent in January, contributing 0.25 percentage points to the Vietnam’s Consumer Price Index. The increase was driven by food prices rising 0.3 percent, while foodstuff saw a larger gain of 0.97 percent, contributing 0.21 percentage points to the overall CPI.

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Vietnam’s imports of fishery products rise by 26.90 percent in December

India led the growth, with imports surging 70.44 percent to US$49.29 million. Norway and Indonesia followed, recording increases of 42.14 percent and 38.45 percent, respectively. South Korea also showed strong growth, with imports rising by 41.30 percent to US$10.49 million. Imports from the USA grew by 33.13 percent to US$7.03 million.

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