Thursday, March 10, 2016

Vietnam: The hot spot of the fast moving consumer goods sector (FMCG)

With a population of over a third of the Southeast Asian region, 56% of the population under 30 years old, Vietnam is one of the potential markets for FMCG. Going along with the growth in income, urbanization rate and the change in lifestyle, the market demand for packaged snacks, convenience products and the food industry - high-end beverages increase. Food sales are expected to rise to 9.4 percent per year from 2012 2017. In addition, the tourism industry development in Vietnam will promote the growth of convenience products, along with sub-sectors such as soft drinks and alcoholic beverages (Business Monitor International, Vietnam Food & drink Report Q1 2013, Oct 2012). The index for consumer goods categories Food & Beverage also growing. Food industry is expected to grow 6% annually from 2013 to 2018 according to research by Euromonitor International. Consumer price index of food and non-alcoholic beverages is expected to grow by 7% per year from 2012 to 2016 and 2016 to reach 276USD (Massan) 2. In his speech Phan Chi Dung, director of the Department of Light Industry, the Ministry of Industry and Commerce Vietnam during a meeting was held recently, total consumer spending Vietnam will double and reach 173 billion dollars in 2020 led to the growth of the industry FMCG is 20% per year, surpassing India, China, ... Along with this growth is the expansion of the sales system modern retail, open to the expansion of the FMCG business (Datamonitor, and the US Commercial Service) 2. This is a great opportunity for businesses in the consumer goods industry to promote their production, expanding markets and seeking new investment areas. ShineSun is the ideal exporter for manufacturers of foods, beverages and pharmaceuticals in Vietnam to improve competitive advantage in the foreign market. Not only looking for products and the latest technological solutions, the industry's leading leaders can expand relationships with industry professionals worldwide together, share knowledge and perspectives on industry, as well as discuss business partnership potential. Shinesun Company is the one of the leading Vietnam FMCG wholesaler, specializing in the distribution of a wide variety of branded fast moving consumer goods (FMCG).SHINESUN INDUSTRY CO., LTD is one of the leading partner of famous Brand: Oreo, Orion. We supply many kinds of Oreo, Orion biscuits. If you concern, please contact us: Website: http://fmcgvietnam.com/ Email: fmcgvietnamvdelta@gmail.com Sales contact: Mrs Luli Le Skype: luli23489

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