DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ef9c325c/vietnam_food_and_d) has announced the addition of the "Vietnam Food and Drink Report Q2 2012" report to their offering.
Business Monitor International's Vietnam Food and Drink Report provides industry professionals and strategists, corporate analysts, food and drink associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Vietnam's food and drink industry.
Given the size of Vietnam's domestic economy and its reliance on the agricultural sector, the Vietnamese consumer is less exposed to the external headwinds from the US, the UK and China. Tight labour market conditions and moderating price pressure will lend some support to near-term domestic demand. We are largely optimistic about the near-term domestic demand prospects in Vietnam; however, these domestic demand conditions are nonetheless likely to moderate, albeit gradually, over the coming quarters.
Key Industry Trends
Foreign Brands Dominating Consumer Goods Industry:
Foreign brands are making stronger headway than domestic brands in the Vietnamese consumer goods industry, which we believe can be attributed to distribution challenges faced by domestic players, perceived better product quality of foreign goods and the stronger brand appeal of foreign brands. With more multinationals setting foot in Vietnam as they look to ride on the country's dynamic consumer growth story, domestic companies are likely to find it more difficult to compete for market share gains.
Regional Brewers Spreading Their Wings Across Vietnam:
Japanese brewer Sapporo has announced that it intends to significantly increase its beer production in Vietnam in the period up to 2019. The company expects to produce 200,000 kilolitres of beer in the country by 2019, a fivefold increase from its planned 40,000 kilolitres in 2014. Meanwhile, Japanese brewer Asahi Group Holdings has announced that it intends to extend its operations across Asia through a series of acquisitions.
Key Topics Covered
- BMI Industry View
- SWOT Analysis
- Business Environment
- Vietnam Food & Drink Risk/Reward Ratings
- Key Industry Trends And Developments
- Market Overview
- Competitive Landscape
- Company Monitor
- Methodology
- Glossary
Companies Mentioned
- Unilever Vietnam
- Nestle Vietnam
- Masan Consumer
- Vietnam Dairy Products Joint Stock Company (Vinamilk)
- San Miguel Pure Foods Vietnam Co Ltd
- Hanoi Beer Alcohol Beverage Corp (Habeco)
- Saigon Beer Alcohol and Beverage Corporation (Sabeco)
- Carlsberg
- Metro Cash & Carry
- Saigon Co-op
For more information visit http://www.researchandmarkets.com/research/ef9c325c/vietnam_food_and_d