In 2024, the value of the food and beverage (F&B) market in Vietnam is expected to increase by 10.92% compared to 2023, generating revenues of over VND655 trillion (US$26.1 billion). Despite the economic challenges, the survey found that around 80% of businesses in Vietnam remain positive and have the resources to grow in the future, … Read more
FPT President Truong Gia Binh. The story of VinFast In 2017, Vietnamese were informed about the kickoff of the construction of an automobile manufacturing complex, owned by VinFast in Cat Hai, Hai Phong. Twenty one months later, the complex opened. And just one year later, two car models of the manufacturer were displayed at an … Read more
The functional department previously imposed a fine of VND91 million (US$3,760) upon Thanh Buoi Copmany and revoked the transport business license for three months. (Photo: SGGP) The enterprises were granted business licenses in April, such as AST Group, Cong Vang Tourist Company, Hong Cam Service Trading Company, The X Car Cooperative, Bao Long Chemical Company … Read more
A sheet metal manufacturing plant in Bình Định Province. Local exporters are receiving guidance from the province on how to ultilis free trade agreements such as the UKVFTA. — VNA/VNS Photo Exporters in Bình Định Province are taking advantage of the UK – Việt Nam Free Trade Agreement (UKVFTA) and other similar trade deals to … Read more
The seventh International Coffee, Tea, and Bakery Expo, known as Coffee Expo Vietnam 2023, kicked off in Ho Chi Minh City on November 2. The three-day event features 200 booths representing 250 brands from 15 countries and territories. It showcases a wide range of tea and coffee products, machinery, food and beverage ingredients, and packaging … Read more
Total retail sales of consumer goods and services have increased 10.4% year on year to almost 3.53 quadrillion VND (149 billion USD) in the first seven months of 2023, compared to a rise of 15.7% during the same period of 2022, reported the General Statistics Office (GSO). Excluding the price factor, the seven-month sales climbed … Read more