Supermarkets in Ho Chi Minh City have reported a high increase in purchasing power during New Year holidays from December 31 to January 1, according to Sai Gon Giai Phong newspaper.
Over 70 children living with heart diseases nationwide will receive free surgery worth 1.6 billion VND under a programme co-worked by Suntory PepsiCo Vietnam Beverage and the VinaCapital Foundation.
Local beverage enterprises should have reasonable strategies on production and consumption to gain growth in the situation of high inventory at present, said experts.
Domestic beverage companies were urged to improve their distribution system to protect their domestic market shares amid anticipated rising competition pressure.
The food and beverage sectors have enormous potential for development with a stable annual growth rate of 7-8 percent, according to the Vietnam Beer, Alcohol and Beverage Association (VBA).
A food processing and beverage factory invested by an enterprise from the Republic of Korea (RoK) will start operations in the third quarter of 2016 in Yen Phong Industrial Park in Bac Ninh province.
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