Update news CP
With 600 franchise shops in Vietnam, CP remains an unsuccessful fast-food brand in Vietnam.
VietNamNet Bridge - Valued at $18 billion, Vietnam is among the world’s 10 biggest pork producers and consumers.
VietNamNet Bridge - Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”.
The capital depletion plus the dramatic meat price decrease both have knocked down livestock farms. Breeding animals for foreign invested enterprises proves to be the only choice for Vietnamese farmers now.