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Update news food and beverage market
The food and beverage market is forecast to grow by over 18 per cent this year to VND720 trillion (US$31 billion).
Technology applications have played an important role in helping the food and beverage (F&B) market in Vietnam get back on track after two years of challenges due to the pandemic, experts have said.
The Covid-19 pandemic, with changes in consumers’ habits and requirement on a minimum distance between customers, has dealt a strong blow to the (food and beverage) F&B industry.
Expansion of home delivery and promotion programmes are opening up chances for food and beverage enterprises this year, but transportation disruption for the non-essential sector will continue to narrow the door.