A survey by Việt Nam Report from July - August this year shows that 62.5 per cent of businesses expect the F&B industry to grow by 5-10 per cent this year.
The growth prospects of the domestic food and beverage industry are expected to be positive next year buoyed by new consumption trends, according to experts.
Aquarius International Development (AQI), a company specialising in high-end travel experiences, has plans to elevate the gourmet food and beverage industry in Asia including Viet Nam.
The rapidly growing demand for organic agricultural produce offers huge potential for businesses to invest in production and develop retail networks, experts said at a workshop Thursday in HCM City.
The 2017 Fi Asia, a mega exhibition, is expected to attract over 750 companies from 56 countries showcasing food ingredients (Fi) and technologies and innovations for the food and beverage industry.
A delegation of 44 Thai companies active in the food industry has met
with about 60 executives of Vietnamese companies in HCM City to exchange
information and exploit business opportunities.
Nearly 100 enterprises in the food and beverage industry are showcasing
their products at the first Food Ingredients Viet Nam 2014 Expo that
opened yesterday at the Sai Gon Exhibition and Convention Centre in HCM
City''s District 7.