Kido Group divests from ice cream and frozen foods

Kido Group divests from ice cream and frozen foods

Kido Group has approved a plan to divest its 49 per cent stake in KIDO Foods, with the expectation of making VND2.5 trillion ($100 million) from the deal.
Nutifood acquires majority stake in KIDO Foods

Nutifood acquires majority stake in KIDO Foods

Nutifood has acquired a 51 per cent stake in KIDO Foods to expand into the frozen foods market.
Ice cream franchises pursue dominance

Ice cream franchises pursue dominance

The ice cream market in Vietnam is embroiled in an intense battle of competition as new entrants challenge the established dominance of brands such as Mixue and Trang Tien ice cream, prompting strategic recalibrations to maintain market share.