INTRODUCTION TO VIETNAMESE F&B MARKET
The Vietnamese food processing industry is driven by strong domestic consumption and strong exports, and demand keeps growing, - but fierce competition forces the industry to continue investing to improve efficiency and meet global food safety standards.
As a result Vietnam's food processing companies adopted low-cost strategies and invest large sums of money for equipment upgrades, which is mainly sourced from overseas - which opens great opportunities for international machinery manufacturers. In 2017 Vietnam imported over $425.5 million USD worth of F&B machinery.
With new FTAs coming into effect and old one starting to generate traffic, comparing to 2016, import of F&B machinery increased drastically: packaging/wrapping machinery +49%, bakery machinery for pasta +59%, cleaning & drying of bottles +184%, machinery for the industrial preperation of fruits, nuts & vegetables +154% and for manufacture of confectionery, cocoa or chocolate 145%.
Join over 180 delegates and 20 manufacturing professionals and expert speakers. Learn about the latest packaging technologies and how to apply newest production techniques to increase your profitability. Network with industry professionals like you and explore business opportunities.
Pullman Saigon Centre
Đường Trần Hưng Đạo 148
Hồ Chí Minh, Vietnam