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Update news vissan
Food processing firms in Ho Chi Minh City have stepped up production to meet demand while also enhancing safety measures for their staff amid the Covid-19 pandemic.
VietNamNet Bridge - Large food corporations have jumped into the snack market with traditional dishes, competing directly with street food shops.
VietNamNet Bridge - Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments.
VietNamNet Bridge - In many ‘duels’, it is not the foreign giants with powerful financial capability and experience, but rather the Vietnamese conglomerateswho are the winners.
VietNamNet Bridge - The success of Vissan’s IPO held earlier last week showed that foreign investors find the food sector in the country attractive.
VietNamNet Bridge – At the price of VND126,000 per share, all 11.3 million shares for the strategic investor of Vissan now belong to Anco International Agricultural Nutrition JSC, a subsidiary of Masan Group.
VietNamNet Bridge - The initial public offering (IPO) of Vissan, a foodstuff processor, shows stiff competition in the Vietnamese distribution market.
VietNamNet Bridge – Many Vietnamese believe that creating a closed production line is the only effective solution to confront foreign competitors in the domestic market.
VietNamNet Bridge – Under the Government's newly issued Resolution 02, some small- and medium-sized enterprises no longer qualify for preferential policies, which has left them struggling to pay debts and continue production,