Amid growing concerns over unsafe food in Vietnam, many foreign firms are seeking investment and business opportunities in producing safe food in the country.
Carlsberg Vietnam expects to overtake its rivals in the domestic high-end beer segment by officially introducing its premium international brand, Tuborg to Vietnam.
Pactum Dairy Group- a milk processor based in northern Victoria which is a joint venture between Australian Consolidated Milk and Freedom Foods- has signed a deal to supply local firm IDP with about four million litres of UHT milk a year.
Lotte Group’s retail business Lotte Mart has joined the 26th Vietnam International Trade Fair – VIETNAM EXPO 2016 to look for Vietnamese products to export to foreign markets.
Vietnam remains a new bright spot for Korean investors in Southeast Asia, as evidenced by their increasing presence in Vietnam.
Thai air conditioner marker Saijo Denki Company has recently announced that it will defeat other domestic air conditioner brands, especially Panasonic, Mitsubishi Electric, and Daikin, according to newswire VTC news.
The construction of the first phase of the US$4 billion South Hoi An integrated casino resort, invested by a joint venture of Vietnam-focused asset management firm VinaCapital, Macau-based SunCity Group, and Hong Kong-based Chow Tai Fook Enterprises Ltd., will start on April 23.
Despite the impact credit tightening from the government, the real estate market is expected to continue its marked upswing for 2016.
The Ministry of Industry and Trade aims to announce the results of the investigation into seven multi-level marketing companies this May.
Many foreign enterprises are keen on investing in the Vietnamese mining market due to the country’s huge mineral resources awaiting exploitation.