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What effect will COVID-19 have on Vietnam's FMCG market?

What effect will COVID-19 have on Vietnam's FMCG market?

The COVID-19 epidemic is having an impact on Vietnamese consumer behaviour in the first quarter and will possibly continue in the second quarter, according to global data and consulting company Kantar Worldpanel.

Vietnam beauty market boasts excellent growth potential

Vietnam beauty market boasts excellent growth potential

The personal care sector has enjoyed strong growth of 7 per cent a year on average, higher than the fast moving consumers goods (FMCG) market, thanks to the skincare and make-up segment, according to a study by global data and consulting company Kantar Worldpanel.

Vingroup’s retail, agriculture units merge with Masan

Vingroup’s retail, agriculture units merge with Masan

Vietnamese conglomerate Vingroup said on December 3 it has entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings, to create the country’s biggest retail company.

Indonesian retailers interested in Vietnamese market

Indonesian retailers interested in Vietnamese market

Most of the modern retailers from Indonesia, who are engaged in minimarkets and convenience stores, have expressed their interest in expanding business in Vietnam, according to Chairman of the Indonesian Retailers Association (Aprindo) Roy Nicholas Mandey.

The next phase of online retail and shopping

The next phase of online retail and shopping

Direct-to-consumer sales, particularly subscriptions, could be the next phase of online shopping in Vietnam as the model sees a wave of investment from major companies worldwide.

Exciting times ahead in F&B and FMCG

Exciting times ahead in F&B and FMCG

Vietnam’s mergers and acquisitions market is abuzz in food and beverages, as well as in consumer goods, as the competitive landscape evolves and rivals reshape their portfolios.

Shoppers have quality taste

Shoppers have quality taste

With increasing incomes, consumers are paying greater attention to products of high quality and health foods, and producers and distributors need to focus on such products, a forum on Vietnamese high quality foods and agricultural products heard in Ho Chi Minh City on December 20.

Domestic retailers still dominate local market

Domestic retailers still dominate local market

Although foreign retailers have increasingly expanded their store chains in the Vietnamese market, domestic firms remain dominant, especially in the fast moving consumer goods (FMCG) sector, said Nguyen Huy Hoang, commercial director of the market research firm Kantar Worldpanel Vietnam.

Soft drinks see hard competition

Soft drinks see hard competition

A series of international brands have been pouring more money into Vietnam’s high-potential soft drink segment, toughening up competition against fledgling domestic producers.

Masan’s dazzling nine-month figures

Masan’s dazzling nine-month figures

One of Vietnam’s largest private conglomerates, Masan Group, has reported outstanding nine-month performance, leveraging its premiumisation and beverage strategy to double and triple the fast-moving consumer goods growth rate in the forthcoming years.

Vietnam to spend US$2.9 billion on advertising

Vietnam to spend US$2.9 billion on advertising

More than VND68 trillion (over US$2.9 billion) is expected to be spent on media advertising by companies in Vietnam, with fast-moving consumer goods (FMCG) manufacturers to make up the bulk of the spending.