Nutrition company Herbalife Viet Nam has been honoured among ''Top 10 Most Reputable Food Companies 2021'' in Việt Nam by VN Report and VietNamNet online newspaper.
The prices of raw materials for food processing have increased continuously since the outbreak of the COVID-19 pandemic, which is expected to dramatically affect the profits of food firms in 2021.
A number of food companies based in HCM City are planning to relocate their manufacturing facilities to neighbouring provinces for various reasons including cost.
The US Mission believed in building a fruitful partnership with Viet Nam that offered new and sustainable opportunities for both US and Vietnamese food companies.
The European Commissioner for Agriculture and Rural Development
will lead a high-level trade mission to Southeast Asia, including Viet
Nam, to explore market opportunities in the region.
A Vietnamese-style fast food industry could develop rapidly in the
coming years as instant rice products increase their presence at
different kinds of outlets in the country.
Vietnamese companies need to clearly offer products with unique
characteristics in order to sell to buyers in the Indonesian market,
according to experts.
The State Bank of Viet Nam (SBV) has sent a document to commercial banks
asking them to extend loans to food companies to enable them to buy
paddy/rice reserves.