Turning away from the uphill battle in exports due to COVID-19, tra fish producers have set an eye on the domestic market.

Losing patrons and having no money to pay for rent, the owners of many coffee houses have had to shut down.

Though local F&B businesses don't want social distancing to return in August, the experiences they had in April are helping them prepare.

Many eateries have stopped serving offline and shifted to selling online during the Covid-19 pandemic.

The dual pressures from COVID-19 and Decree 100 force beer manufacturers to cut 30-70 per cent of their target profits this year.

The government ordered the inspection of big pork producers in Vietnam as part the efforts to curb prices, stabilise the market, and rein in inflation in 2020.

A lot of restaurants have had to shut down, but Vietnam remains an attractive market in the eyes of many investors.

While some F&B brands in Vietnam have been forced out of business there are others that are prospering.

Despite tripling expenses on advertisement and promotion programmes in the third quarter, Habeco still reported a decrease in net profit.

Before its Mon Hue chain had to shut down, Huy Vietnam was praised as the pioneer in developing food & beverage (F&B) chains, which had successfully called for tens of millions of dollars worth of foreign investment.

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.

The accumulated losses of Pizza Hut and The Pizza Company in Vietnam have reached VND334 billion and VND263 billion, respectively. But they are continuing to pour money into the Vietnamese market.

Investments in F&B chains are increasing despite the signs of a growth slowdown.

Vietnam, a market of 93 million people, is seeing rapidly growing consumer demand for food and beverage (F&B) products, offering ample space for the F&B sector to expand.

VietNamNet Bridge - The domestic bottled drink market is getting ‘scorching hot’ because of the increasingly high demand for drinks that are good for health.

VietNamNet Bridge - An American sells roast meat, others sell high-end chocolate, and a Singaporean sells frog porridge. 

VietNamNet Bridge - The Vietnamese beverage market remains very attractive to investors, with growth potential three times higher than the average growth rate in Asia.

Many more restaurants and food courts have opened recently in Vietnam but poor preparations and lack of professionalism has led to a number of closures. 

VietNamNet Bridge - For the 8X, 9X and 10X generations, “Hey, let’s have a milk tea” has replaced the classic invitation for “A cup of coffee?”.