Vietnam Food Ingredients opens in HCM City

More than 170 food and beverage producers and distributors from more than 20 countries and territories worldwide are displaying their products at the 2018 Food Ingredients Vietnam (Fi Vietnam 2018) that opened in Ho Chi Minh City on May 16. 

The opening ceremony of Fi Vietnam 2018 (Source:

The opening ceremony of Fi Vietnam 2018 (Source:

This year’s expo is 71 percent larger than the previous one (Fi Vietnam 2016), indicating the attractiveness of Vietnam’s food and beverage market.

According to Rungphech (Rose) Chitanuwat, Business Director of Thailand’s UBM Asia - the organiser of Fi Vietnam 2018, the three-day expo will also feature international conferences and professional seminars.

The expo is expected to open up doors for cooperation between Vietnamese food and beverage enterprises with their foreign partners, she said. 

Ly Kim Chi, Chairwoman of the HCM City Food and Foodstuff Association, said Fi Vietnam 2018 introduces state-of-the-art solutions in the food industry, suggesting Vietnamese businesses take advantage of this opportunity to exchange experience and technologies.

She said the country’s food and beverage sector has enjoyed strong growth in recent years. The market is expected to maintain its high growth rate in the coming years and rank third in Asia, she said.

But now it has to import more than 80 percent of its food and beverage ingredients since it is either unable to produce them or ensure consistent quality, she said.

A report of Euromonitor, a market research group, reveals that Vietnam ranks third in the Association of Southeast Asian Nations (ASEAN) in terms of food and beverage services. 

With a population of about 93 million, more than half of them are under 30 years old, the country has favourable conditions to become one of the most promising food and beverage markets in the region, the report said.


Other news

Most view

Shares recover after two-day decline

Shares recover after two-day decline

Vietnamese shares rebounded on the two exchanges on Wednesday as strong buying boosted almost all local stocks following the market’s two-day decline.


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

DIG issue 14 million shares

Development Investment Construction Joint Stock Corp (DIG)’s shareholders have approved its plan to issue 14.3 million shares in the second and third quarters of 2018.