Business Blogs

Top Food and Beverage Companies in Vietnam: Startups Transforming the FMCG F&B Industry

Investing in food and beverage companies in Vietnam seems like a lucrative opportunity in 2024 as the market value of this sector is set to increase by 11% with US$26.1 billion (VND 655 trillion) in revenue capacity. This boom is due to increased spending, especially in the restaurant segment, which accounted for 68% of revenue…

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How to Open a Coffee Shop in Vietnam: Legal Requirements in Vietnam Coffee Shop Industry

For the people of Vietnam, coffee shops selling Vietnamese coffee are one of the ultimate necessities of life. A 2023 survey revealed that at least 17% of people in Vietnam went out to eat daily, while over 28% went out 3-4 times a week. Of these, some would be coffee shop visits. The sweet and…

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Vietnam’s Coffee Export Market: Trends in Consumption and the Coffee Shop Industry for Investors

Vietnam boasts a rich coffee culture which is deeply rooted in its history. French colonists introduced this beverage in the 19th century. Over time, it has become an integral part of Vietnamese society, shaping daily routines and social interactions. From Saigon’s bustling streets to small towns’ quaint roads, coffee shops dot the landscape, offering spaces…

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The Market of Wine in Vietnam: Trends, Import Regulations, and Consumer Insights for Investors

As Vietnamese consumer preferences evolve, there is a notable trend toward the adoption of Western culinary and beverage choices, with wine standing out prominently. The wine sector in Vietnam has experienced remarkable growth, presenting a varied array of offerings such as red, white, sparkling wines, and spirits. Nonetheless, the intricacies involved in importing wine into…

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Food & Beverage Industry in Vietnam: Market Overview and Investment Opportunities (Updates 2024)

Vietnam’s Food & Beverage (F&B) sector, integral to the nation’s consumer market, is currently experiencing a period of significant transformation. Post-pandemic, this sector is not only recovering but also rapidly adapting to new market trends and consumer behaviors. Central to Vietnamese culture and social life, the food & beverage industry is more than a provider…

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Setting Up a Manufacturing Company in Vietnam: Benefits, Industries, Procedure

A manufacturing company worldwide is searching for the next best location to set up operations in light of the US-China trade conflict. However, only a few nations, like Vietnam, have the required human capital and infrastructure to set up manufacturing companies in Asia. India, one of the world’s fastest-growing economies, had been a strong contender….

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