Food Supply Chains in Vietnam
"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.).
Dairy products (UHT milk, milk powder, ice cream, yoghurt etc.), canned foods (meat, seafood, fruits and vegetable), bakery products, snack foods (potato chips, dried fruits, and wheat-based snacks), juices, confectionery (biscuits, cookies, candy, chocolate etc.) and hot sauces are all produced locally with acceptable quality. Consumer-oriented food products “produced” in Vietnam still rely on imported food ingredients and additives. Most large local manufacturers have good manufacturing practice certificates or the equivalent (ISO 9002, HACCP)."....