Benefits of F&B Registration with Cekindo
Why Invest in the Food and Beverage Industry in Vietnam?
Consumption of food and drink products accounts for about 15.8 percent of the Vietnamese GDP , and this percentage is forecast to rise in the future.Furthermore, Vietnam is expected to become a developed & high-income nation by 2045 spurring further growth of the F&B industry. It is further predicted that the F&B industry will see one of the most prominent growth in all of Asia, the Vietnamese food and beverage sector happens to be one of the most appealing to foreign investors due to the ever-expanding middle class. Currently, thirty-five percent of Vietnamese food and beverage consumption is based on Western food, mainly because of the growing number of foreign food and beverage brands found in the country, coupled with the ever-expanding middle class.
Food Labeling in Vietnam
A food label should contain at least the following information:
Food that is categorized as either functional, irradiated, genetically modified or additives must have this additional information on the label.