Food and beverage enterprises dominate the FAST500 ranking of enterprises for 2020 compiled by Vietnam Report (VNR).
Experts have said that once the COVID-19 pandemic ends, higher market demand would support many sectors in quickly resuming their business.
The Asia Food and Beverage Summit and related activities will be held on March 5, 2020 to welcome Vietnam’s ASEAN chairmanship, according to the Vietnam Cuisine Culture Association (VCCA) and the Restaurant Association of Vietnam (RAV).
As more online restaurants come to the fore, the opening of Vietnam’s first cloud kitchen is expected to completely transform how restaurants are both operated and managed.
Kamereo, a Vietnamese sourcing platform for restaurants, has raised US$500,000 in seed funding from Japan’s Genesia Ventures and Velocity Ventures Vietnam.
Vietnam is pursuing sustainable development in the wake of the Fourth Industrial Revolution, focusing on creating smart cities, increasing energy efficiency, and improving water systems.
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.
On March 6, Changi Airport Group scheduled the Vietjet Air’s shift of operations to Terminal 4 from Terminal 3 of Changi Airport, which would help reduce passengers’ time spent on transfer buses from the remote gate to the terminal as well as expand the Vietnam-based airline’s operations at Changi Airport.
Hotels not only have to compete in the food & beverage sector, a major source of revenue, but also in the restaurant chain and food court market.
Vietnamese packaging firms, especially small and medium sized, have to compete with foreign firms which have advantages in technology and financial capability, and must rely on imported materials.
THAIFEX - World of Food Asia - organised by Koelnmesse - the leading trade fair organiser in the food industry is taking place from May 31 to June 4, 2017 in Bangkok, Thailand.
A survey of the private-equity sector in July by consulting firm Grant Thornton found that 72% of respondents (down 14 percentage points from six months ago) anticipated higher level of investment activities in Vietnam in the next 12 months.
Several food and beverage outlets of the Sheraton Saigon Hotel & Towers have prepared a variety of programs for this month.
Restaurants managed by WMC Group in downtown HCM City have prepared a number of food and beverage (F&B) programs for customers to enjoy in June.
Crowne Plaza West Hanoi has launched special food and beverage (F&B) and entertainment programs for children and adults to dine and swim at the new hotel in the capital city this summer.