VSC - Supply Chains Cover

VSC - Supply Chains content page


Published by VSC, 2014, 34 pages

Vietnam‘s food processing industry has expanded rapidly over the last few years, together with the growth of the retail sector. The Post believes the overall food processing industry has enjoyed an average growth rate of over 10% per year. With more transparent regulations and less burdensome paperwork, the Government of Vietnam has successfully attracted not only foreign investors but also local investors into Vietnam‘s food processing industry. Vietnam has also tried to protect local food manufacturers by imposing high import tariffs (from 20% to 40%) on selected food imports that compete with locally produced products (confectionery, snack foods, juices, ice cream etc.).

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