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F&B industry
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Many Vietnamese spend more on drinks than main meals: report
Forty-four percent of Vietnamese respondents said they are prepared to spend VND41,000 to 70,000 ($1.75-$3) on drinking coffee and bubble tea, which is more than for a main meal, a new survey found.
Vinacafe sales up 19% in H1
Leading instant coffee producer Vinacafe Bien Hoa reported a 19% jump in sales year-on-year in the first half ending June to VND950 billion (US$40.6 million).
Vietnam third largest market for bubble tea in Southeast Asia: study
Turnover of the Vietnamese bubble tea market hit $362 million in 2021, ranking third among six major Southeast Asian markets, according to a recent study.
August 17, 2022 | 04:00 am PT
Coffee chains brace for impact as inflation creeps in
Highlands Coffee, one of the largest coffee chains in Vietnam, earlier this month hiked its prices by 10-15 percent. It said that the increase served to maintain product quality amid market fluctuations.
July 7, 2022 | 07:31 pm PT
F&B industry set to bounce back post-Covid
Despite facing labor shortages and rising costs, the F&B industry is hopeful of leaving behind a two-year slump and even thriving.
May 30, 2022 | 09:00 pm PT
Vietnamese restaurants in Seoul take a coronavirus hit
Covid-19 is taking a heavy toll on the South Korean food and beverage industry, with restaurants reporting falling revenues and quitting staff.
March 5, 2020 | 08:10 pm PT
Women can make or break Vietnam’s F&B industry
With more women spending more on eating out, they have become linchpins of the F&B industry, a study indicates.
November 20, 2018 | 07:55 pm PT