Overview of Vietnam Food and Drink Report Q4 2017 – Includes 5-year forecasts to 2021 by BMI Research
1. BMI Industry View
3. Industry Forecast
4. Food & Drink Risk/Reward Index
5. Market Overview
6. Competitive Landscape
7. Company Profile
8. Demographic Forecast
■ Rising income levels and changing lifestyles, particularly in urban areas, are increasing consumer demand for snacks, convenience and luxury food and drink items.
■ A growing tourism sector fuels interest in convenience categories, in addition to subsectors such as soft drinks and alcohol.
■ As the Vietnamese state plans to reduce its stake in state-owned brewers, interest from regional and global brewers will pick up, translating into opportunities to modernise the sector.
■ Vietnam’s WTO membership may result in smaller companies who are unable to cope with the increased competition being forced out of business.
■ If relations with China deteriorate, the Vietnamese economy will suffer and could lose a significant political ally and trade partner.
■ Further tax hikes in the alcoholic drinks sector could threaten growth in the sector
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