Over 200 businesses to join VietFood & Beverage – ProPack 2017 in Hanoi

More than 200 domestic and foreign businesses will participate in the VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) international exhibition 2017, which is scheduled to take place in Hanoi from November 8-11.

The annual event held by the Vietnam National Trade Fair & Advertising Joint Stock Company (Vinexad) offers a wide range of products such as vegetables, seafood, farm produce, materials for food, beverages and confectionary, alcoholic drinks, fruit juice, tea, coffee, food packaging and preserving equipment, among others.

Apart from products from traditional markets such as Malaysia, the Republic of Korea, and Indonesia, the exhibition will provide new products from European markets like Denmark, Bulgaria and Greece. 

The food and beverage market is expected to see potential for further development in the 2017-2018 period, according to the Vietnam Report Company (VNR).

The Business Monitor International (BMI) forecast that the growth rate of the sector would be at 10.9% in the 2017-2019 period thanks to people’s increasing income and a trend of using high value products.

The latest figures from the General Statistics Office showed that food production and processing in the first nine months of the year rose by 6.6%, while that of the beverage sector was 5% higher than the same period last year.

With a population of more than 90 million and an increasing number of tourists, the food and beverage industry has been getting the attention of both local and foreign investors.

In the time to come, the divestment of some leading State-owned enterprises in the sector such as Vinamilk, Sabeco and Habeco would offer opportunities for foreign businesses to enter the potential market, while creating fierce competition, VNR said.

Mời quý độc giả theo dõi VOV.VN trên

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Vietfood & Beverage-Propack expo to open in Hanoi
Vietfood & Beverage-Propack expo to open in Hanoi

As many as 200 enterprises will participate in the 2017 Vietfood and Beverage-ProPack international exhibition, scheduled to take place at the Hanoi International Exhibition Centre at 91 Tran Hung Dao from November 8 to 11.

Vietfood & Beverage-Propack expo to open in Hanoi

Vietfood & Beverage-Propack expo to open in Hanoi

As many as 200 enterprises will participate in the 2017 Vietfood and Beverage-ProPack international exhibition, scheduled to take place at the Hanoi International Exhibition Centre at 91 Tran Hung Dao from November 8 to 11.