More than 182 foreign and domestic enterprises will exhibit their products at the Vietfood and Beverage 2011, to be held from September 8-11 at the Tan Binh Exhibition Convention Centre in HCM City. The exhibition will see the participation of famous worldwide producers such as Niva (Ukraine), Vox Trading (Japan), domestic companies such as Sabeco, [...]
The recent surge in commodity prices has usually been ascribed to the U.S. stimulus package, which is said to exert inflationary pressure in developing economies. This view is tempting, but rests on shaky theoretical and empirical grounds. The first phase of quantitative easing in the U.S. took place from January 2009 to March 2010. While [...]
The country’s largest dairy company, Vinamilk, said yesterday that a milk powder plant in New Zealand in which it has a stake has become operational. Vietnam Dairy Products Joint Stock Co, as it is formally known, has a 19.3 per cent stake in the NZ$90 million ($74.43 million) Miraka Milk Powder Plant owned by the [...]
Higher demand for food including pork and rice will be fully met with increased supply in the final months of this year, two ministries affirmed. In the meeting with the Government on Monday to discuss market stabilisation methods, the Ministry of Industry and Trade outlined predictions that demand for food and foodstuff would rise between [...]
Moon-cake manufacturers remain optimistic about sales during next month’s Mid-Autumn Festival despite the continuing economic slump. Phan Van Thien, CEO of Dong Nai-based confectioner Bibica Company, said moon-cake makers could easily enjoy good sales if they focused on quality and packaging. Manufacturers said they have increased production by 10 to 15 percent this year to [...]
Nestle today announced a $270 million investment in a new coffee factory in Vietnam. The new factory, located in southern Dong Nai province’s Amata Industrial Park, will produce Nescafe both for local consumption and for export, and it will be operational in 2013. The new facility will be able to process 46,000 tonnes of coffee [...]
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