(Illustrative photo:SGGP)

Vietnamese food, beverage industry attracts Indian enterprises

According to the Food and Foodstuff Association (FFA) of Ho Chi Minh City, the  food and beverage accounts for 15 percent of Vietnam’s Gross domestic product (GDP) with an annual average growth of around seven percent. This is one of the four main industries that the city has encouraged to invest with a high growth of 8.22 percent and five percent of food and beverage respectively in 2018.