30000 fb outlets shut down in first six months of 2024

30,000 F&B outlets shut down in first six months of 2024

Vietnam's food and beverage (F&B) market is experiencing drastic changes, with more than 30,000 stores shutting down in the first half of 2024.
seizing opportunities in fb

Seizing opportunities in F&B

With an average annual growth rate of over 10 per cent, the food and beverages (F&B) market in Vietnam is a dynamic sector. Director of Consumer and Marketing Insights at NielsenIQ Dang Thuy Ha discussed with VIR’s Oanh Do the latest consumer trends helping businesses achieve success in the market.
fb still attractive for players old and new

F&B still attractive for players old and new

The food and beverages market in 2024 is expected to become more competitive, with the appearance of a number of foreign brands and the rankings of domestic brands ever-changing.
fb groups hunker down during curbs

F&B groups hunker down during curbs

Expansion of home delivery and promotion programmes are opening up chances for food and beverage enterprises this year, but transportation disruption for the non-essential sector will continue to narrow the door.
money hungry fb startups flounder

Money-hungry F&B startups flounder

The collapse of Mon Hue and Soya Garden shows not only the risk of investors when they pour money into startups in food and beverage chains, but also the inadequacies of utilising investment capital inefficiently.
pioneering advances in vietnamese fb

Pioneering advances in Vietnamese F&B

Vietnam’s food and beverage sector is poised for substantial growth. In an exclusive interview, Eliseo Barcas (left), managing director of Tetra Pak Vietnam, and CEO of DenEast Vietnam Johan Boden (right) talked to VIR’s Celine Luu about Bloom., a pioneering partnership that hopes to revolutionise the industry.
foreign groups locking eyes on fb

Foreign groups locking eyes on F&B

Vietnam’s food and beverage sector is expected to see robust mergers and acquisitions amid the tough economic context.
fb mainstays taking digital direction

F&B mainstays taking digital direction

Vietnam’s food and beverage sector is increasing cooperation with cashless payment solution providers to offer better customer service and accelerate such payments across the country.
gateway to the countrys fb ingredients industry

Gateway to the country’s F&B ingredients industry

Vietnam’s food ingredient segment is staging a strong comeback and will host the upcoming Food Ingredients (Fi) Vietnam 2022 event, organised by Informa Markets.
fb chains take a beating from covid 19

F&B chains take a beating from COVID-19

Tokyo Deli closed half of its stores in Hanoi, along with other food and beverage (F&B) chains like Golden Gate and Soya Garden which are also rapidly shrinking.
exciting times ahead in fb and fmcg

Exciting times ahead in F&B and FMCG

Vietnam’s mergers and acquisitions market is abuzz in food and beverages, as well as in consumer goods, as the competitive landscape evolves and rivals reshape their portfolios. Van Thu reports.
fb companies ramp up net zero missions

F&B companies ramp up net-zero missions

The risk of supply chain disruptions and reduced raw material availability due to climate change is prompting the food and beverage industry to accelerate its transition towards greener and more sustainable practices.
fb players remain upbeat about market

F&B players remain upbeat about market

Despite unexpected store closures showing no sign of stopping, food and beverage (F&B) businesses remain optimistic about the prospects for growth and the future of the market in Vietnam.
restructuring can help fb groups optimise profit

Restructuring can help F&B groups optimise profit

The food and beverage market in Vietnam is evolving rapidly, with businesses exploring global expansion and adapting to digital solutions. VIR’s Luu Huong spoke with Taku Tanaka, founder and CEO of food sourcing platform Kamereo, about how leveraging technology and maintaining authenticity can drive growth.
fb businesses reluctant to embrace franchising

F&B businesses reluctant to embrace franchising

Despite franchising being a hallmark choice in the F&B sector both domestically and internationally, many enterprises remain hesitant to adopt this model. While some brands have established their names through franchise chains, others have chosen to steer clear.