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Update news KIDO
More M&As are expected this year, experts say.
Merger and acquisition deals in Vietnam’s food and beverages arena in the first five months of this year were inevitably subdued due to global slowdowns across the board.
Ice cream is also a market where local and foreign brands are battling it out for market share.
The quality of products and the scale of distribution network are the two decisive factors that determine success of every ice cream brand.
Vietnamese companies are dominating the cooking oil market despite the presence of big foreign brands.
VietNamNet Bridge - The FMCG sector in Vietnam is predicted to continue to have a growth rate of 20 percent per annum until 2025.
Kido Foods (KDF) dominates the ice cream market, with a 35 percent share, while Unilever, Thuy Ta and Vinamilk hold 10 percent, 10 percent and 9 percent of market share, respectively.
VietNamNet Bridge - The ice cream and frozen dessert market is a lucrative market with value of VND2.620 trillion in 2016, an increase of 13 percent over 2015.
VietNamNet Bridge - Vietnamese investors develop their businesses well in the beginning stages of growth, but have difficulty after expansion, analysts say.
VietNamNet Bridge - Now that most of the best-known vegetable oil brands are sold in Vietnam, market performance is expected to be even better in 2017.
Twenty areas in HCM City have seen rapid subsidence, while the other 40 sites are subsiding at a slower rate, according to the HCM City Department of Natural Resources and the Environment.
There is no debt trading market in Vietnam which is professional and large enough for businesses to trade debts. Debts have been either lying still, thus causing big losses to involved parties, or have been transferred around.
VietNamNet Bridge - More and more listed companies have asked for permission to give larger room to foreign investors in their businesses, a move which is expected to lead to a new price increase wave.
VietNamNet Bridge - The continued sharp fall in the oil price has caused investors to hesitate starting the oil refinery projects they promised. Sources said some investors may give up the projects.
VietNamNet Bridge - Pham Chi Lan, a renowned economist, talked before the business community on February 24 about how the Vietnam 2035 report was prepared.
VietNamNet Bridge - Non-state universities are concerned that they will not find students once the new enrollment policy is applied. It allows schools to apply many different methods to enroll students, and has no floor mark for junior colleges.
VietNamNet Bridge - The machine uses acetylene and plasma to cut metals via computer numerical control (CNC). This is a product created by a creative business owner in Tien Giang Province.
VietNamNet Bridge - The market share of Vietnamese sweets manufacturers is getting smaller.
VietNamNet Bridge - Why has the Kido Group jumped into the banking sector? And why has it chosen the troubled Dong A Bank?
VietNamNet Bridge - The VND30 trillion vegetable oil market has welcomed many newcomers, as well as a major sweets manufacturer.