25 C
Ho Chi Minh City
Monday, November 3, 2025

spot_img

TAG

food and beverage

Good food is not enough

A recent report by iPOS.vn and Nestlé Professional reveals that Vietnam’s food and beverage (F&B) sector faced significant challenges in the first half of 2025. Over 50,000 establishments closed, nearly 30,000 new ones opened, and the total number of outlets dropped to 299,900 — a 7.1% decline compared to the end of 2024. Yet behind these numbers lies a market economy undergoing a rigorous process of self-restructuring and strategic consolidation. Local F&B businesses are grappling with a “storm of costs” in an increasingly challenging economic environment. Rental expenses alone consume 25–55% of revenue — two to three times higher than global norms. Meanwhile, the consumer price index rose by 3.27%, and pork prices surged by 12.75%, further straining margins. In the first half of 2025, 45.3% of businesses were forced to raise prices, though most increases remained under 5%. Despite these adjustments, total sector revenue edged up only slightly, from VND403.9 trillion to VND406.1 trillion. This imbalance has left many businesses caught in a cycle of slow revenue growth and rapidly rising costs. Survival in tough market Vietnam’s F&B sector serves as a vivid reflection of the urban economy in the post-recovery era — marked by rapid openings and swift […]
To read more, please click here.

Poland seeks to boost food exports to Vietnam

HCMC – Poland is aiming to increase exports of agricultural and food products to Vietnam, citing the country’s fast-growing economy and rising consumer demand. At...

Vietnamese firms tap global markets through regional trade show

HCMC – About 170 Vietnamese companies are participating in THAIFEX-Anuga Asia 2025, Southeast Asia's largest food and beverage trade exhibition, to explore export opportunities,...

Thailand promotes global food hub vision at international expo

BANGKOK – Thailand has kicked off its premier food and beverage trade fair, THAIFEX–Anuga Asia 2025, positioning itself as a future global food hub...

Suntory Pepsico – 30 years of growing for good in Vietnam

Throughout 30 years, Suntory PepsiCo Vietnam has grown from an early FDI company into a leader in the beverage industry in the country. On...

Proposed tax on sweetened beverages sparks debate at NA session

HCMC – A heated discussion took place among National Assembly deputies on November 27 over a proposal to impose a 10% special consumption tax...

Vietnamese firms seek F&B opportunities in Asia

HCMC – Vietnamese businesses are leveraging the THAIFEX-Anuga Asia 2024, the region's biggest food and beverage (F&B) trade show, to promote their presence in...

Latest news

spot_img