PRESS RELEASE15 Jul 2022
THE INTERNATIONAL EXHIBITION ON FOOD & BEVERAGE
FOOD PROCESSING, PACKING TECHNOLOGY & EQUIPMENT
The economic crisis by Covid-19 has caused great damage and directly affected domestic enterprises in general and in the Food and Beverage industry in particular. The epidemic took place on a large scale, causing foreign markets to be closed, trade promotion and investment activities to be stalled or declined, the question being asked is “How to grow your business during the pandemic?”
With a market of 100 million people, Vietnam has a young population structure (60% of the population fell into the 18-50 age group), household spending is forecast to increase by 10.5% per year on average and will reach 714 USD/month in 2020. Therefore, these are the gaps and favorable conditions for Vietnamese enterprises to improve and expand their domestic market share. “While exports ongoing recovery shows signs of weakness, the domestic market deserves the attention and focus from manufacturers” – Dr. Nguyen Thi Thu Trang – Director of the Center for WTO and Integration of VCCI. shared (source nld.com.vn)
Not out of this new development trend of the Food and Beverage businesses, Vietfood & Beverage – Propack Ho Chi Minh 2021 – Online edition is coordinated by Vinexad Company with the Food and Foodstuff Association of Ho Chi Minh City (FFA) and Vietnam Alcohol – Beer – Beverage Association (VBA) organized on a digital platform with the goal of supporting businesses to partially overcome difficulties caused by the impact of the COVID-19 pandemic, increasing effectively B2C (business and consumer) and B2B (business to business) connection at home and abroad. The online edition will take place in 1 month, from August 12 to September 12, 2021 on http://online.foodexvietnam.com/. The program includes online booths, online business meetings between buyers and exhibitors, and various promotional activities.
When accessing the online edition, enterprises will have the opportunity to learn directly about new products and technologies in a specialized environment, approach and find strategic partners and reputable manufacturers in Vietnam and Korea. With just one click, business meetings (B2B) between manufacturers and distributors, importers will be opened without limitations on time and geographical distance.
The exhibition received the participation of prestigious companies in Vietnam and Korea
Vietfood & Beverage – Propack Ho Chi Minh 2021 – The online edtion gathers hundreds of domestic enterprises with strong brands in the field of food processing such as Bich Chi Foods, Phan Thiet Seafood, Vinasamex, DHFoods, Flavors and food ingredients Hoang Anh, Nha Trang Salanganes Nest, Le Thanh Seafood, etc.; famous beverage brands such as SABECO, HABECO, Tan Hiep Phat, PEPSICO, Oris Mineral Water, Tan Vien Mineral Water, etc. and other brands in the field of packaging such as: Liksin Industry – Printing – Packaging Corporation, VPM, Machinex Vietnam, Song Hiep Loi, Hao Tuan, Chinh Quang, An Thinh Liksin, An Phu Packaging, Hoa Giang stainless steel group, etc.
Notably at this year’s exhibition is the participation of associations from Korea such as the Korean Rice and Food Association (KRFA) with 14 member companies that will participate in introducing diverse typical products from rice such as rice cakes, rice snacks, elderberry, Baby Led Weaning, rice noodles, Makgeolli (Korean Rice Wine), etc… are processed by advanced technology, bringing the most popular products; Chungcheongnam-do Economic Promotion Agency with 6 seafood companies will introduce to Vietnam market typical seafood products including seaweed, clams, salted fish, grilled sea eel and other processed seafood; Korean Traditional Food Association with 6 member companies participating in this exhibition will introduce traditional Korean products such as seaweed, green tea, fermented products (soybean paste), traditional products,etc.
In the first 3 days of the event, the Organizing Committee arranged nearly 300 online business meetings between Vietnamese and Korean businesses, with many prospects for import and export of the two sides. The organizers expect that within a month of the event, many meetings, partners, market expansion, etc. on the online platform will continue to be connected, bringing opportunities and trading efficiency for the businesses participating in the event.
Welcome enterprises, buyers, manufacturers and business units interested in the event, please visit the online booth at: http://online.foodexvietnam.com/
And the official Facebook page of the exhibition: https://www.facebook.com/VietfoodBeverage