Vietnam F&B industry in 2024 continues growth with new trends

Vietnam F&B industry in 2024 continues growth with new trends

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

Vietnamese billionaires reach out to world market

Vietnamese billionaires reach out to world market

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

VIETNAM NEWS HEADLINES NOVEMBER 25/2023

VIETNAM NEWS HEADLINES NOVEMBER 25/2023

Hanoi prioritizes development of smart transport Hanoi has prioritized the development of an Intelligent Transport System (ITS) as a key factor in creating a sustainable transport network, according to Nguyen Phi Thuong, Director of the city’s Department of Transport. He said ITS is an advanced application that aims to provide innovative services related to different … Read more

VIETNAM NEWS HEADLINES NOVEMBER 24/2023

VIETNAM NEWS HEADLINES NOVEMBER 24/2023

Environmental protection is viewed as a focal, consistent, and priority task during the management, preservation, and sustainable promotion of the world natural heritage site of Ha Long Bay, stated head of the bay management board Vu Kien Cuong. To help Ha Long Bay remain a green, clean, and beautiful destination attractive to domestic and international … Read more

VIETNAM BUSINESS NEWS NOVEMBER 19/2023

VIETNAM BUSINESS NEWS NOVEMBER 19/2023

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

VIETNAM BUSINESS NEWS NOVEMBER 18/2023

VIETNAM BUSINESS NEWS NOVEMBER 18/2023

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

VIETNAM NEWS HEADLINES NOVEMBER 5/2023

VIETNAM NEWS HEADLINES NOVEMBER 5/2023

Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao paid a working visit to Debrecen – the capital city of Hajdú-Bihar – in late October to boost cooperation between the two countries’ localities, particularly in labour, education and training. During her stay, Thao paid courtesy visits to and had working sessions with the Mayor of Debrecen, … Read more

VIETNAM BUSINESS NEWS NOVEMBER 3/2023

VIETNAM BUSINESS NEWS NOVEMBER 3/2023

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

VIETNAM NEWS HEADLINES SEPTEMBER 07/2023

VIETNAM NEWS HEADLINES SEPTEMBER 07/2023

The Việt Nam Railway Corporation has proposed a total investment of VNĐ445 billion (US$18.6 million) for the upgrade of two railway stations: Sóng Thần, part of the Hà Nội – HCM City railway route, and Cao Xá, part of the Hà Nội – Hải Phòng railway route. The corporation said due to several years of … Read more

VIETNAM NEWS HEADLINES SEPTEMBER 4/2023

VIETNAM NEWS HEADLINES SEPTEMBER 4/2023

Countries ready for 43rd ASEAN Summit, related meetings Ambassador Vu Ho, head of SOM ASEAN Vietnam, attended the ASEAN Senior Officials’ Meeting in Jakarta, Indonesia on September 3 to review preparations for the 43rd ASEAN Summit and related meetings. The meetings are scheduled to take place from September 5-7, featuring around 20 activities. Leaders from … Read more