With the current global situation bringing various sectors to their knees, foreign insurers are turning the tide against the gloomy economy by ramping up their presence in Vietnam’s insurance market.
The license has somewhat shown Vietnam’s relaxed management of drugs market which is likely to reach US$7.7 billion by 2021.
The Vietnamese health-care market is forecast to heat up in the coming time when more big investors are showing interest in the sector while private hospitals are promoting high-quality services to enlarge the share.
The food and beverage (F&B) industry in Vietnam will likely see a growth rate of 10.9% for the 2017-2019 period, Business Monitor International (BMI) has forecast.
With its annual stable growth rate of about 10%, the country’s young population with increasing income and a trend to consume ready-to-eat food, especially organic, the food processing industry offers many opportunities for investors.
The Republic of Korea is now the fourth biggest importer of Vietnamese fruits and vegetables.
Vietnam, a market of 93 million people, is seeing rapidly growing consumer demand for food and beverage (F&B) products, offering ample space for the F&B sector to expand.
Business Monitor International (BMI) forecasts $1.76 billion in revenue for the Vietnamese confectionery industry in 2018. To take control of this market, firms have set out grand strategies for the Lunar New Year.
The Vietnamese drug market, valued at US$5.2 billion, is attracting more foreign investors and multinationals.
More than 200 domestic and foreign businesses will participate in the VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) international exhibition 2017, which is scheduled to take place in Hanoi from November 8-11.
Construction of a 360 million VND (16 million USD) confectionery factory began in the central province of Nghe An on October 21.
Market observers see a positive outlook in the long term for Vietnamese confectionery exports.
Vietnamese pharmaceutical companies are optimistic about the business prospects of the sector, as well as its potential in 2016-17.
Archcafe’s success story of penetrating convenience stores shows that innovation in the beverage market can bring great success.
As Kinh Do has sold its sweets manufacturing division to the US firm Mondelez, Vietnam has no company that can compete with foreign manufacturers in the sweets market.
The Vietnamese economy will likely expand more than 6% annually over the next few years thanks to continued export resilience and ongoing reform measures by the government to improve the country's business environment, according to BMI research firm.
The future of the domestic confectionery market is positive, reported the Business Monitor International (BMI).
The Government has promulgated a series of additional preferential policies to encourage businesses to invest in agriculture and rural development.
(VOV) - Vietnam’s agricultural sector has a bright future thanks to recent developments in its economic and business environment, according to Business Monitor International (BMI).
Vietnam’s business environment has greatly improved said Business Monitor International (BMI) in its report on Vietnamese infrastructure in the second quarter of this year.