GrabFood recently announced that it has grown 25 times since June 2018, in terms of orders received. A survey by Kantar TNS in January 2019 found that GrabFood was the most often used food delivery service in Hanoi and Ho Chi Minh City, as cited by 68 percent of respondents. The GCOMM market research company, which polled 600 people in Hanoi and Ho Chi Minh City, said in a recent report that 98 percent were satisfied with GrabFood's service. This was a surprising outcome, given that GrabFood is a new entrant in Vietnam's food delivery market, which is witnessing fierce competition with the likes of Foody.vn, Now and Vietnammm all in the fray. Grab’s ecosystem with a large network of driver-partners has greatly contributed to this success. More than 175,000 driver-partners in 15 cities and provinces have joined GrabFood’s network within seven months. The problem of recruiting a huge number of partners, which demands a large recruitment team and financial resources and yet … [Read more...] about GrabFood grabs pole position in Vietnam food delivery market
Vietnam food service
Bun Bo Hue – Most popular Vietnam food favorites
Delicious and spicy A good bowl of Bun Bo Hue contains vermicelli-like rice noodles, spicy soup and beef, adding pork pie, congealed pork blood and a plate of fresh and raw vegetables. In Hue city, gourmets could enjoy the dish for the breakfast, lunch and even dinner at O Huong restaurant on Chi Lang Street or O Phung restaurant at Nguyen Du Street, and a restaurant of Me Keo at Bach Dang Street that have been famous for a long time and attracted a lot of people. The taste of the dish cooked by chefs in the restaurants will made gourmets to experience a non-descript gustation. In the chilling days, one hot bowl of Bun Bo Hue can keep body warmer. Bun Bo Hue ensures the quality of the brand Amid food hygiene safety as currently, according to the Regulation "Management and usage of “Bun Bo Hue” brand certification" issued under Decision 1623/QĐ-UBND dated on the July 17, 2016 by the People's Committee of Thua Thien Hue … [Read more...] about Bun Bo Hue – Most popular Vietnam food favorites
Japan shifts investment focus on Vietnam’s service sectors
The Hanoitimes - The current number of Japanese firms in Vietnam’s manufacturing sector has experienced a slowdown, but the number in services and trade sectors has been rising significantly. Instead of mainly pouring into manufacturing and infrastructure projects as few years ago, Japanese investors have been shifting their focus to services and trade sectors in Vietnam, driven by the market’s growing purchasing power. AEON will increase the number of its shopping malls in Vietnam to 20 by 2025 According to Tran Nguyen Trung, deputy director of I-Glocal, which is a top-tier company in accounting and tax consulting for Japanese companies in Vietnam, the current number of Japanese firms in Vietnam’s manufacturing sector has experienced a slowdown, but the number in services and trade sectors has been rising significantly. Trung forecast that this trend will continue in the next few years as the Vietnamese consumption market is very attractive to foreign … [Read more...] about Japan shifts investment focus on Vietnam’s service sectors
Vietnam food delivery hotting up
The Vietnamese delivery market, especially food, is at a year long high with many new businesses and services profiting. Workers of local food delivery service Delivery Now. The number of users of food delivery services has also grown rapidly, although the services are still limited in urban areas which have a large number of office workers.- Photo quantrimang.com According to market research firm Euromonitor, the sector has grown around 15 per cent per year in Asia. In Vietnam, the food delivery market is currently valued at US$33 million and may exceed $38 million by 2020. The percentage of users of food delivery services has also increased rapidly, although it is limited to urban areas where a large number of office workers are employed . According to statistics from the Association of Vietnamese Retailers, only 30 per cent of urban residents used food delivery services in Hanoi and HCM City last year, but this number has risen to more than 70 per cent in the first six … [Read more...] about Vietnam food delivery hotting up
Vietnam Food Ingredients opens in HCM City
This year’s expo is 71 percent larger than the previous one (Fi Vietnam 2016), indicating the attractiveness of Vietnam’s food and beverage market. According to Rungphech (Rose) Chitanuwat, Business Director of Thailand’s UBM Asia - the organiser of Fi Vietnam 2018, the three-day expo will also feature international conferences and professional seminars. The expo is expected to open up doors for cooperation between Vietnamese food and beverage enterprises with their foreign partners, she said. Ly Kim Chi, Chairwoman of the HCM City Food and Foodstuff Association, said Fi Vietnam 2018 introduces state-of-the-art solutions in the food industry, suggesting Vietnamese businesses take advantage of this opportunity to exchange experience and technologies. She said the country’s food and beverage sector has enjoyed strong growth in recent years. The market is expected to maintain its high growth rate in the coming years and rank third in Asia, she said. But … [Read more...] about Vietnam Food Ingredients opens in HCM City