Export opportunities for Vietnamese processed foods increase

Export opportunities for Vietnamese processed foods increase

Mr. Do Thang Hai, Deputy Minister of the Ministry of Industry and Trade (MoIT), said that although the Covid-19 pandemic was complicated, the export turnover of agricultural, aquatic, and seafood products in 2020 still increased by 1.6 percent year-on-year, exceeding US$30 billion, at the Vietnam International Food Industry Exhibition 2020 (Foodexpo 2020) organized by the Department of Trade Promotion under the MoIT on December 9.
Vietnamese products are more diverse and eye-catching. (Photo: SGGP)

Enterprises create resilience for Vietnamese goods

The production situation of the food, foodstuff, and beverage processing industry is estimated to have decreased by 2.2 percent since the beginning of the year. Facing that fact, many domestic enterprises have increased their market share in the domestic market to limit the losing momentum.
Poultry egg production at Vinh Thanh Dat Company. (Photo: SGGP)

Enterprises speed up to complete this year’s revenue plans

There are more than three months left until the end of 2020 with too many fluctuations and impacts caused by the Covid-19 pandemic. To complete the annual revenue plan, most enterprises choose the plan to increase promotion, reduce the prices of goods to stimulate consumer demand, while minimizing costs to retain employees.
Tran Vinh Tuyen (R), deputy chairman of the HCM City People’s Committee, and Ly Kim Chi, chairwoman of the HCM City Food and Foodstuff Association, at the signing ceremony in HCM City. (Photo: VNA)

HCM City to develop food industry

The HCM City People’s Committee and the HCM City Food and Foodstuff Association (FFA) have signed a co-operation programme to boost the development of the city’s food and foodstuff industry.