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Update news vegetable oil
With value of VND30 trillion, stable growth and low average consumption per capita, the Vietnamese vegetable oil market is attracting many foreign enterprises.
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.
VietNamNet Bridge – On May 10 the Viet Nam Competition Authority warned that the import tax on crude and refined edible oils, reduced from 3 per cent this month to 2 per cent, would be scrapped altogether in May 2017.
VietNamNet Bridge - The VND30 trillion vegetable oil market has welcomed many newcomers, as well as a major sweets manufacturer.
VietNamNet Bridge – Competition in the vegetable oil market has gotten stiffer, hurting many domestic manufacturers.