Vietnamplus

The VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) International Exhibition opened in Hanoi on November 6.

Food and beverage and fashion and lifestyle will continue to drive demand in Ho Chi Minh City’s retail property market, according to real estate consultancies.

Alcohol and beer consumption is booming, and local beverage producers are cashing in.

Thailand’s biggest drinks company Thai Beverage (ThaiBev) will allocate 7 billion THB (about 230 million USD) next year to renovate 25-year-old breweries and increase sales from all beverages in populous ASEAN countries in the next six years.

Hong Kong (China) topped 109 countries and territories investing in Vietnam in the first nine months of this year with total capital of 5.89 billion USD, reported the General Statistics Office (GSO).

The VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) International Exhibition will take place in Hanoi from November 6 to 9.

Bilateral trade between Vietnam and Israel will continue thriving this year with its value likely to top 1 billion USD, the Vietnamese trade office in Israel said on August 28.

The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) will pay every shareholder 1,500 VND (0.06 USD) per share, or a 15 percent cash dividend rate, to complete its 2018 dividend plan.

After food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market.

Vietnam has become an increasingly attractive destination for international enterprises in the food, beverages and packaging industry thanks to its rapid economic growth and rising consumer demand.

An international exhibition on food and beverage (VietFood & Beverage) and another on food processing and packaging technology and equipment (ProPack Vietnam) kicked off in Ho Chi Minh City on August 7.

Three international exhibitions on food and beverage; packing; and medical and pharmaceutical products are set to take place in Ho Chi Minh City in early August.

Ho Chi Minh City’s food and beverage market has become more vibrant with the introduction of food trucks on city streets.

The south-central province of Binh Dinh will focus on attracting domestic and foreign investment in the rest of the year, with priority on big and labour intensive projects, according to insiders.

Prime Minister Nguyen Xuan Phuc has welcomed major groups of Thailand such as Thaibev, Amata and Siam Cement Group to make big investment in Vietnam.

The non-alcoholic malt beverage Heineken 0.0 will be available in bars, restaurants and stores of Malaysia in July, according to The Star newspaper.

Consumption trends in the food and beverage industry in Asia and the world at large were the main topic of a seminar held by the Business Association of High-Quality Vietnamese Products in Hanoi on June 20.

JG Summit Holdings, Inc. one of the biggest Filipino investors in Vietnam, hopes to invest in sustainably developing tea business in the country, particularly via the participation in public-private-partnership projects.

As many as 118 businesses across the country and from Laos and Thailand are showcasing their latest products and technologies in industrial production and processing at the Quang Binh international trade fair 2019, which opened in the central coastal province on May 30.

The consumer price index (CPI) between January and May increased by 2.74 percent from the same period last year – the slowest five-month pace over the last three years, according to the General Statistics Office (GSO).