Opportunities Unfold In Vietnam's F&B Packaging Sector

With Vietnam envisioning industrialisation by 2035, the food and beverage (F&B) industry has become among the top priorities of the government.

But F&B manufacturing sector consisting of 8,800-plus companies, has yet to play catch up in terms of increasing production capability and know-how. This is no surprise as close to 85% are relatively small. Thus, the opportunities for improvement are everywhere – food quality, safety and hygiene, product development, waste reduction, as well as in packaging and recycling.

Ringier Events through its first run of the ASIA Manufacturing: Food, Beverages & Packaging Summit in Ho Chi Minh City, successfully linked 180 participants from Vietnam, mainland China, Hong Kong, Taiwan, Thailand, the Philippines, and other countries. The conference at the Pullman Saigon Centre hotel from May 7-8, 2019 was supported by the Food and Foodstuff Association of Ho Chi Minh City, The Vietnam Packaging Association, The Packaging Council of Singapore, and the Hong Kong Food Professionals Association.

Sponsors of the event were Chang Woen Machinery (silver sponsor), Dase-Sing Group, Hantech Bio-Technology Co. Ltd. (liquid and jelly functional foods), Shanghai Precise Packaging Co., Ever Polymer Co Ltd, Guangzhou Juhang Machinery Equipment Co., Ltd., Guangzhou Fander Mechanical And Electrical Co. Ltd, Guangdong High Dream Intellectualized Machinery Co., Ltd, Kinn Shang Hoo Iron Works, Gen Asia Biotech Co., Ltd, and Printpack Inc.

A market unfolding

The challenges and opportunities are unique in every market. Vietnam’s determination to modernise its economy brings along opportunities for industry development and expansion. As the economy improves, the social stratification is therefore changing.