A factory of the Vietnam Dairy Products JSC (Vinamilk), one of the top 10 prestigious firms in milk and dairy product manufacturing (Photo: VNA) They include the lists of the10 most prestigious food companies in terms of milk and dairy products; sugar,confectionery, and other nutritious foods; packaged food, spices, and cookingoil; and fresh and frozen food.
The lists of the top 10beverage firms in terms of alcoholic and non-alcoholic drinks were alsoreleased.
The rankings were compiledbasing on the businesses’ financial reports in the most recent year, theirprestige on the media, and surveys of the companies and relevant sides such asconsumers and experts conducted in August this year.
Vietnam Report said thecountry’s economy grew steadily, by 5.6 percent, in the first half of 2021 withpositive and stable macro-economic indexes. However, the situation became worsein the third quarter, when the COVID-19 pandemic got complicated with thespread of the Delta variant, forcing the Government to take more drasticresponse measures.
As an important sector, the foodand beverage industry has also been hit hard. Prolonged impacts of the pandemichave become clearer since the start of the fourth wave of COVID-19 infectionsin April, especially since July, severely affecting more than 91 percent ofbusinesses in this sector.
Vu Dang Vinh, GeneralDirector of Vietnam Report, said most of enterprises have become more prudent,with 78 percent predicting more business difficulties in the remaining months,doubling the rate of 37 percent one year ago.
However, he added, up to 80percent of food and beverage firms believed that the country will recoverquickly after the pandemic. About 47 percent expect that it will take themabout six months to recover, 33 percent others seven - 12 months, and 13percent more than 12 months./.
VNA
