According to the Ministry of Industry and Trade, the prolonged Covid-19 pandemic has changed the consumption trend in the Eurasian market, in which the food, foodstuffs, agricultural, and aquatic product processing industry in Vietnam has great advantages.
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.
According to the Department of Industry and Trade of Ho Chi Minh City, the food, foodstuff, and beverage processing industry in the first nine months of this year increased by 1 percent while it only edged up 0.7 percent in the same period last year.