Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
A group of organisations, including Ministries and USAID, released a handbook on June 28 to help small and medium enterprises (SMEs) in the food processing and distribution industry digitalise effectively.
Developing a modern processing and preservation industry is vital for the agricultural sector to increase the added value of farm produce and expand exports.
The National Private Economic Development Research Board and the Handicraft and Wood Industry Association of HCM City have launched an initiative to develop a chief information officer network for the wood and wood processing industry to foster its digital transformation.
A recent survey by the General Statistics Office found that most businesses in the food processing industry expected to achieve good results in the third quarter.
Shipments of products from the processing industry brought in about 67.39 billion USD in the first quarter of this year, representing 87.13 percent of Vietnam’s total export value during the period.
The novel coronavirus (COVID-19) pandemic has had negative impacts on the domestic wooden processing industry, but this is also an opportunity for timber enterprises to review their production and business methods maintain stability at present and drive for sustainable development in the future.
Many enterprises in the manufacturing and processing industry are optimistic about the outlook for the second quarter of 2020, according to a survey conducted by the General Statistics Office (GSO).
Shin Ca phe was ed by the Government as a gift during ASEAN Summit 2020. Choosing the Vietnamese quality coffee sends a message from Viet Nam to the world that an agricultural nation is seeking its true position.
Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Viet Nam Timber and Forest Product Association has said.