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.
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.
Senior government officials, regional organisations, food processing, and import-export enterprises from the Mekong-Lancang region discussed innovation in the food processing industry.
With its annual stable growth rate of about 10 per cent, a young population, increasing income, and a trend to consume ready-to-eat food, especially organic, the food processing industry offers many opportunities for investors.
Investment opportunities in the food processing industry and technology transfer from foreign investors will be among the key topics to be discussed at a conference in HCM City on November 15.
A signing ceremony for a 1.5 million euro (U$S2 million) export
promotion programme for Viet Nam''s food processing industry took place
on Wednesday in Ha Noi.