Among the 11 honorees to be awarded in the Ton Duc Thang Award in 2023, there are three female honorees with numerous typical initiatives in the field of scientific research and the processing industry.
More than 700 domestic and foreign businesses from 20 countries and territories take part in the 2023 Vietfood, Beverage, and Professional Packing Machines International Exhibition (Vietfood & Beverage – ProPack 2023).
There remains an ample room for the food processing industry to develop further and attract more investment, experts have said at a recent seminar on new trends and technologies in the food processing field held in HCMC.
According to Vietnamese trade counselors, in 2021, Vietnamese goods, in general, have a great opportunity to export to Europe, Northern Europe, the US, the Eurasian Economic Union, Japan, South Korea, and China.
According to the Ministry of Industry and Trade, Vietnam is among top agro-forestry-aquatic product and food exporters in the world with export turnover growth of around 8-10 percent annually but raw material export still accounts for a large proportion.
According to the Association of Vietnam Retailers, in the past years, the food processing and packing industry in Vietnam has developed with a growth of 15-20 percent per year and is forecast to continue to grow in the near future.
For foreign investors, food processing industry offers enormous investment potential both in terms of the domestic market and exports, said the organizer of the seminar to promote investment in the field.