VIETNAM FOOD MARKET. By Mrs. Pranomsri Sormkunngoen Director of Thai Trade Center Ho Chi Minh city, Vietnam MARKET POTENTIALITY

Size: px
Start display at page:

Download "VIETNAM FOOD MARKET. By Mrs. Pranomsri Sormkunngoen Director of Thai Trade Center Ho Chi Minh city, Vietnam MARKET POTENTIALITY"

Transcription

1 VIETNAM FOOD MARKET By Mrs. Pranomsri Sormkunngoen Director of Thai Trade Center Ho Chi Minh city, Vietnam MARKET POTENTIALITY Potential market population nearly 90 million with Youth consumers + Multinational consumers + Strong Tourism Growth Continuous economic growth brings more higher income consumers. Rising affluence among Vietnamese consumers Expansion of the mass grocery retail industry in the country. Internationalization trade (WTO, ASEAN, ASEAN +3, ASEAN+6) Health consciousness Positive forecast for : Food consumption annual average growth rate 5.1%, Per capita food consumption: average growth rate 4.3%. 1

2 For Thai food products: MARKET POTENTIALITY (cont.) Vietnam is also one Asia country, the taste of food is something similar A lots of Vietnamese tourists travel to Thailand every year and get acquaintance to Thai food. Vietnam is nearby country, having convenience for transportation (by sea, by road), preferential import tariff (AFTA) for 5% only. Supports from DITP for Thai exporters: Thailand Trade Exhibition, Thailand Outlets, Thai Food promotion, Thailand Pavilion at Food & Hotel Fair in HCMC, Trade mission from Vietnam to visit ThaiFex. FOOD CONSUMPTION in VIETNAM 2

3 CANNED FOOD & PROCESSED FOOD in VIETNAM CONFECTIONERY in VIETNAM 3

4 VIETNAM FOOD PRODUCTS IMPORT & EXPORT. Export growth between 2011 and 2016 is forecast at a compound annual average rate of 8.6%, stronger than import growth of 8.1%. FOOD DISTRIBUTION CHANNELS IN VIETNAM The most important retail formats for the food and beverage market are: Fresh market, Traditional stores, convenience stores : Large retailers: For modern trade such as hypermarkets and supermarkets, shopping malls. Food and drink specialists: Specialist retailers such as bakeries and butchers. Leading retail companies: Saigon Co-Op, Maximart, Citymart, Big C (French), Metro (German), Dairy Farm (Hong Kong), Parkson (Malaysian) and Lotte (Korean). Hotels, restaurants and institutions (HRI): Independent street vendors and full service restaurants, other places for food consumption. 4

5 FOOD VENDORS & PLACES TO GET FOOD 5

6 6

7 PICTURE OF SOME CONVENIENCE STORES : SHOP & GO, CIRCLE K, FAMILY MART, FOOCOMART 7

8 FOOD REGULATIONS IN VIETNAM NORMAL FOOD : LOCAL IMPORTERS / DISTRIBUTORS MUST REGISTERED AND DECLARE THE FOOD QUALITY SPECIAL FOOD: MUST REGISTERED BY EXPORTERS AND AUTHORITIES IN THAILAND (FROZEN MEAT, LIVESTOCKS, FRUITS) HOW TO PENETRATE THE MARKET & DEVELOP BUSINESS IN VIETNAM Marketing and promotion supporting the local importers/ distributors Having good understanding about : market, consumers, regulations, competitors Should concern on strict regulations for advertising. Mass market advertising for alcoholic beverages with alcohol content above 15 percent, cigarette, FOOD PRODUCTS THAT ARE NOT REGISTERED is not permitted. Other limits on advertising and promotions include:approval from the relevant authorities and Spending on advertising and promotion cannot be more than10 percent of total sales spending. 8

9 Regional considerations Vietnam is split into three distinct regions. Each of these regions has a central urban hub. North: Hanoi city Central: Da Nang city South: Ho Chi Minh city Consumers habits and tradition in each region Selecting starting market depending on products Long term strategic issues to consider Vietnam is a rapidly developing nation and exporters must be prepared to adapt their strategies to meet the needs of a frequently changing market. Exporters should also be aware of Vietnam s frequent regulatory changes. Although Vietnam has an open market policy, the Government is conscious of protecting the local agricultural sector, which has been negatively impacted at times by open door policies. Trade barriers to restrict agricultural imports such as new decrees and circulars to protect local agriculture & in order to ensure food security and independent supply for Vietnam s large population 9

10 Establishing Distribution Channels The most common market entry strategy for food and beverage products is to work with a local partner, trader, distributor or agent. Raw materials for manufacturing industry must have sales staff with flexible policies. Vietnam allows foreign companies to import food and beverage products buit must sell to distributors only. However, companies need to be registered in Vietnam and have an investment license (even for trading company). MOST IMPORTANT THING TO DO: FINDING THE LOCAL IMPORTER, AGENT or DISTRIBUTOR Pricing : Should set the price that is suitable for each market share and consumers income. Imported products in Vietnam will face the following mark-ups: Import agent fees (or profits of local importers, distributors) Custom duties (5% for products imported from Asean countries with C/O Form D) Value-added tax (VAT range from 5 10 percent) Consumption tax (for products such as alcoholic beverages) and many other unexpected charges that you cannot predict. 10

11 Practical advises for Thai new exporters 1. WHO CAN HELP YOU BETTER THAN YOURSELF??? Should come to Vietnam and do the market survey by YOURSELF because when YOU go to the supermarkets, hypermarkets, convenience stores, you will see the same type of products with different prices, different brands, different competitors, and ONLY YOU will know your products are potential and have chances to penetrate the market or not >>> TRUST ON YOUR OWN EYES. 2. VIETNAM IS NOT LIKE SINGAPORE OR OTHER EUROPEAN COUNTRIES. DO NOT ASK THE LIST OF LOCAL IMPORTERS AND THINK THAT YOU CAN STAY AT YOUR COMPANY AND JUST SEND THE LOCAL IMPORTERS AN AND THEY WILL PAY ATTENTION TO YOUR PRODUCTS. YOU MUST TRY TO APPROACH THEM IN MANY WAYS, THAT S WHY YOU NEED THE LOCAL SALES STAFF. THERE IS NO LIST OF LOCAL IMPORTERS. IF YOU NEED TO KNOW WHO IMPORT THAT KIND OF FOOD, YOU CAN FIND THE NAME OF IMPORTER AND DISTRIBUTOR ON THE PRODUCT LABEL. PLEASE DO NOT ASK FOR THE IMPORT / EXPORT STATISTIC OF EACH KIND OF PRODUCTS BY H.S CODE. THE SOURCE OF STATISTICAL DATABASE AND CUSTOMS FILES ARE NOT OPENED! 11

12 3. BE A PROFESSIONAL EXPORTER! WHEN YOU COME TO MEET THE LOCAL IMPORTERS IN VIETNAM, PLEASE PREPARE WELL THE PRODUCT SAMPLES, PRICE LIST (NORMALLY LOCAL IMPORTERS NEED CIF PRICE, NOT FOB PRICE) AND MOST IMPORTANT THING THEY WILL ASK YOU WHAT ARE THE SUPPORTS FROM YOUR COMPANIES IN ORDER TO PROMOTE THE NEW BRANDS IN THE COMPETITIVE MARKET. 4. INCOTERMS OR TRADITIONAL WAYS? WHEN YOU DEAL BUSINESS WITH THE LOCAL IMPORTER FOR THE FIRST TIME, BEWARE OF THE SALES CONTRACT IN DETAILS AND METHOD OF PAYMENT. IT IS RECOMMENDED TO REQUEST THEM THE PAYMENT BY L/C WHICH IS GUARANTED BY THE BANK FOR THE UNKNOWN IMPORTERS. IN VIETNAM, WHEN YOU DISTRIBUTE THE PRODUCTS TO THE WHOLESALES, RETAILERS, YOU MUST ACCEPT PAYMENT BY INSTALLMENT (SENDING THEM PRODUCTS FIRST, COLLECTING MONEY LATER ON). IF YOU REQUEST PAYMENT UPON DELIVERY, YOU MAY HAVE LESS CUSTOMERS THAN YOUR COMPETITORS. 12

13 LAST POINT & MOST IMPORTANT: WHAT DO YOU PLAN FOR YOUR BUSINESS IN VIETNAM? ONLY SELLING? INVESTMENT TO PRODUCE IN VIETNAM? LONG TERM BUSINESS OR SHORT TERM? CHOOSING SOLUTIONS REPRESENATATIVE OFFICE FDI TRADING COMPANY FDI MANUFACTURING COMPANY OR JUST BE THE THAI EXPORTER IN THAILAND THEN.. YOU NEED A LOCAL IMPORTER ONLY BUT WHO WILL BE YOUR IMPORTER? PLEASE GO BACK TO OUR FIRST ADVISE: WHO CAN HELP YOU BETTER THAN YOURSELF! FOR MORE INFORMATION PLEASE CONTACT THAI TRADE CENTER IN HO CHI MINH CITY thaitradecenter@hcm.fpt.vn (inquiry please sent in English, no need to write in Thai for the Director) THANK YOU FOR YOUR KIND ATTENTION WISHING YOU GOOD LUCK TO FIND A LOCAL IMPORTER, SUCCESS IN YOUR BUSINESS AND DEVELOP MORE AND MORE IN VIETNAM 13

Session 2. Competitiveness in the marketing and retail sectors

Session 2. Competitiveness in the marketing and retail sectors :RUNVKRSRQ(QKDQFLQJ&RPSHWLWLYHQHVVLQWKH$JURIRRG6HFWRU0DNLQJ3ROLFLHV:RUN -XQH9LOQLXV/LWKXDQLD Session 2. Competitiveness in the marketing and retail sectors *52&(5

More information

LEVEL A TABE 11 & 12 READING PRACTICE ITEMS. Buying Local. Read the passage. Then answer questions 1 through 7.

LEVEL A TABE 11 & 12 READING PRACTICE ITEMS. Buying Local. Read the passage. Then answer questions 1 through 7. Read the passage. Then answer questions 1 through 7. Buying Local 1 In many European countries, people typically visit their local merchants on a daily basis. People travel to the local butcher, baker,

More information

Fraser and Neave, Limited & Subsidiary Companies. middle-class population will present tremendous growth opportunities for the Group.

Fraser and Neave, Limited & Subsidiary Companies. middle-class population will present tremendous growth opportunities for the Group. 56 Annual Report 2016 Fraser and Neave, Limited & Subsidiary Companies CEO BUSINESS REVIEW NEW MARKET MYANMAR Market Position Isotonic MYANMAR: MARKET OVERVIEW An agriculture supply shock from heavy flooding,

More information

Changes in competition between brands and private labels. Hugh Mullan Assistant Director Goods and Consumer Group - Office of Fair Trading

Changes in competition between brands and private labels. Hugh Mullan Assistant Director Goods and Consumer Group - Office of Fair Trading Changes in competition between brands and private labels Hugh Mullan Assistant Director Goods and Consumer Group - Office of Fair Trading 2 Structure Private label growth, but brands still important Ways

More information

RANI Fruit Drinks. Marketing Plan. September 2012

RANI Fruit Drinks. Marketing Plan. September 2012 RANI Fruit Drinks Marketing Plan September 2012 Executive Summary 30 years ago, RANI was launched in Saudi Arabia, produced at Aujan Industries' own state-of-the-art facilities. Since then, RANI has experienced

More information

Proposal for Improving the Business Environment in Lao PDR - Based on a JETRO survey on business needs -

Proposal for Improving the Business Environment in Lao PDR - Based on a JETRO survey on business needs - Proposal for Improving the Business Environment in Lao PDR - Based on a JETRO survey on business needs - July 4, 2015 Japan External Trade Organization (JETRO) Promote Good Connectivity with Neighboring

More information

Investment Climate under Economic Integration in Vietnam Case Studies in Danang and Ho Chi Minh City

Investment Climate under Economic Integration in Vietnam Case Studies in Danang and Ho Chi Minh City Chapter 9 Investment Climate under Economic Integration in Vietnam Case Studies in Danang and Ho Chi Minh City Dinh Hien Minh Department for Trade Policy and International Integration Studies, Central

More information

Japanese Factory Visit Tour for Development of Food-Value-Chain in ASEAN

Japanese Factory Visit Tour for Development of Food-Value-Chain in ASEAN Japanese Factory Visit Tour for Development of Food-Value-Chain in ASEAN Team Members 2 Ajchara Kessuvan Supervisor Keetatara Namuangrak Agricultural Extension Team Members 3 Pimchanok Boonpasit Napawan

More information

Embassy of Ireland. VACANCY ANNOUNCEMENT Commercial Attaché

Embassy of Ireland. VACANCY ANNOUNCEMENT Commercial Attaché Embassy of Ireland VACANCY ANNOUNCEMENT Commercial Attaché The Embassy of Ireland in Hanoi, Vietnam is inviting applications from qualified candidates for the position of Commercial Attaché. This is a

More information

Global Marketing. Channels and Physical Distribution Chapter 12. Warren J. Keegan Mark C. Green

Global Marketing. Channels and Physical Distribution Chapter 12. Warren J. Keegan Mark C. Green Global Marketing Warren J. Keegan Mark C. Green Channels and Physical Distribution Chapter 12 Learning Objectives Channel structure options Distribution channels consumer and industrial Global retailing

More information

THE SUPPLY CHAIN OF FERTILIZER IN SOUTH VIETNAM A CASE STUDY

THE SUPPLY CHAIN OF FERTILIZER IN SOUTH VIETNAM A CASE STUDY THE SUPPLY CHAIN OF FERTILIZER IN SOUTH VIETNAM A CASE STUDY Stenberg, A. Accenture Drammensvn. 165 N-0212 Oslo, Norway are.stenberg@accenture.com Lundestad, H. Wilh.Wilhelmsen ASA Strandvn. 20, N-1324

More information

INDONESIA PACKAGING MACHINERY MARKET ASSESSMENT. An Analysis of Market Opportunities for Packaging Machinery Manufacturers

INDONESIA PACKAGING MACHINERY MARKET ASSESSMENT. An Analysis of Market Opportunities for Packaging Machinery Manufacturers 2016 INDONESIA PACKAGING MACHINERY MARKET ASSESSMENT An Analysis of Market Opportunities for Packaging Machinery Manufacturers PRODUCED BY PMMI 11911 Freedom Drive Suite 600 Reston, VA 20190 USA 2016

More information

Global Market for Organic Food & Drink. Mr. Amarjit Sahota

Global Market for Organic Food & Drink. Mr. Amarjit Sahota Global Market for Organic Food & Drink by Mr. Amarjit Sahota 1 Agenda I. Introduction II. Global Market Overview & Developments III. Future Outlook & Openings 2 Business Services i. Research Publications

More information

LEGAL AND INSTITUTIONAL FRAMEWORK FOR PUBLIC PRIVATE PARTNERSHIP IN VIETNAM

LEGAL AND INSTITUTIONAL FRAMEWORK FOR PUBLIC PRIVATE PARTNERSHIP IN VIETNAM LEGAL AND INSTITUTIONAL FRAMEWORK FOR PUBLIC PRIVATE PARTNERSHIP IN VIETNAM Dinh Trong Thang, Ph.D Central Institute for Economic Management Da Nang, November 2015 Introduction - Vietnam has a strong demand

More information

Market Overview Vietnam

Market Overview Vietnam MARKET ACCESS SECRETARIAT Global Analysis Report Market Overview Vietnam August 2016 MARKET SNAPSHOT Vietnam had a gross domestic product (GDP) of US$193.4 billion in 2015, which is expected to grow by

More information

A FEW INTERESTING FACTS ABOUT VIETNAM SOME BACKGROUND ABOUT US. Introduction to our services in Vietnam

A FEW INTERESTING FACTS ABOUT VIETNAM SOME BACKGROUND ABOUT US. Introduction to our services in Vietnam A FEW INTERESTING FACTS ABOUT VIETNAM Vietnam has 90 million inhabitants living in around 20 million homes. Put into perspective, it is the 65th largest country in the world by surface area, and the 13th

More information

Expanding Your Business Internationally. Distributor In s and Out s for Exporting. Presented by: FedEx Know and Grow Program

Expanding Your Business Internationally. Distributor In s and Out s for Exporting. Presented by: FedEx Know and Grow Program Expanding Your Business Internationally Distributor In s and Out s for Exporting Presented by: FedEx Know and Grow Program Expanding Your Business Internationally Webinar for PPAI Members Presenter: Lisa

More information

Rod Arenas Food Innovation Australia Ltd

Rod Arenas Food Innovation Australia Ltd Rod Arenas Food Innovation Australia Ltd FOOD INNOVATION AUSTRALIA LTD About us National initiative set up by the Australian government through department of industry innovation and science Not-for-profit

More information

Export Plan Template. Is your company's management committed to pursue exporting operations? Make sure you've answered the following questions.

Export Plan Template. Is your company's management committed to pursue exporting operations? Make sure you've answered the following questions. Export Plan Template Is your company's management committed to pursue exporting operations? Make sure you've answered the following questions. Table of Contents Executive Summary (one or two pages maximum)

More information

Viability of Farmers Markets for Direct Marketing Farmers

Viability of Farmers Markets for Direct Marketing Farmers Viability of Farmers Markets for Direct Marketing Farmers Farmers all across the country find that farmers markets are a profitable outlet for their farm products. Markets provide farmers retail level

More information

Discover new markets. A guide to exporting to Switzerland for online retailers

Discover new markets. A guide to exporting to Switzerland for online retailers Discover new markets A guide to exporting to Switzerland for online retailers A guide to exporting to Switzerland for online retailers Exporting to Switzerland the basics Exporting to Switzerland is a

More information

Swire Cold Storage Vietnam Modernising cold chain storage in Vietnam

Swire Cold Storage Vietnam Modernising cold chain storage in Vietnam Case Study Swire Cold Storage Vietnam Modernising cold chain storage in Vietnam Dexion designs and installs Double Deep racking system in a modern warehouse of international standard, transforming the

More information

The Benefits of Eating Organic

The Benefits of Eating Organic The Benefits of Eating Organic There is a good chance that you have seen an organic food aisle at one of your local grocery stores. In fact, you may have even driven past a farmers market where organic

More information

CONECT: Northeast Trade & Transportation Conference. New Trends in Overseas Sourcing: Sourcing from China

CONECT: Northeast Trade & Transportation Conference. New Trends in Overseas Sourcing: Sourcing from China CONECT: Northeast Trade & Transportation Conference New Trends in Overseas Sourcing: Sourcing from China March 11, 2010 Prepared by The JLJ Group Solutions for China Entry & Growth 1 DISCUSSION COVERS

More information

Retail Supply Chain Management. 3. Cold Chain for Grocery Items

Retail Supply Chain Management. 3. Cold Chain for Grocery Items Retail 3. Cold Chain for Grocery Items page 1 Objectives Understand the importance of cold chain to retailers Learn the development and current status of cold chain in China Identify the major problems

More information

Summary on Acquisition of Haitai Beverage

Summary on Acquisition of Haitai Beverage Summary on Acquisition of Haitai Beverage LG Household & Health Care October 29, 2010 Acquisition of Haitai Beverage Co. ( HBC ) Summary and Strategic Rationale Summary LG H&H has signed a share purchase

More information

Food & Beverage Committee. Vietnam food regulatory challenges and harmonization of food standard in ASEAN

Food & Beverage Committee. Vietnam food regulatory challenges and harmonization of food standard in ASEAN Food & Beverage Committee Vietnam food regulatory challenges and harmonization of food standard in ASEAN Van Nguyen_ Hanoi, 28 March 2014 Agenda 1 Vietnam Food Regulatory Challenges 2 Harmonization of

More information

The outlook for primary packaging and outers to 2018

The outlook for primary packaging and outers to 2018 1. Industry Forecast Latest Trends and Key Issues in the Thailand Retail Packaging Market The outlook for primary packaging and outers to Reference Code: PK1144MR www.canadean-winesandspirits.com Summary

More information

January Grocery Store Choice & Value for Money A Global Nielsen Consumer Report

January Grocery Store Choice & Value for Money A Global Nielsen Consumer Report January 2008 Grocery Store Choice & Value for Money A Global Nielsen Consumer Report Organic products are popular with shoppers, but considered too expensive, with one in two Europeans and North Americans

More information

Value chain promotion for economic. - An introduction into the concept of ValueLinks

Value chain promotion for economic. - An introduction into the concept of ValueLinks 1 Value chain promotion for economic development in Ethiopia i - An introduction into the concept of ValueLinks Elke Peiler (ded-ecbp) Based on the Value Links Manual, gtz (2007) 2 Contents 1 2 Value chains

More information

UNITED KINGDOM S ATTRACTIVENESS FOR SWEDISH FOOD SUPPLIERS JANUARY 2018

UNITED KINGDOM S ATTRACTIVENESS FOR SWEDISH FOOD SUPPLIERS JANUARY 2018 UNITED KINGDOM S ATTRACTIVENESS FOR SWEDISH FOOD SUPPLIERS JANUARY 2018 The UK offers a large market for food suppliers, with consumers demanding both quality and convenience. However, the retail landscape

More information

Multiple Choice Questions *Answer the questions by marking ( ) on appropriate answer.

Multiple Choice Questions *Answer the questions by marking ( ) on appropriate answer. Multiple Choice Questions *Answer the questions by marking ( ) on appropriate answer. 1. Which of the following information forms available to the marketing manager can usually be accessed more quickly

More information

2010 Structure Cabling Market Report SE Asia

2010 Structure Cabling Market Report SE Asia 2010 Structure Cabling Market Report SE Asia Company Address: Level 7, Metropolis Tower, No. 2, Haidian East Three Street, Zhongguancun Xi Zone, Haidian District,Beijing, 100080, P.R. China Tel: +86 10

More information

RULES OF ORIGIN FOR THE AGREEMENT ON THE COMMON EFFECTIVE PREFERENTIAL TARIFF SCHEME FOR THE ASEAN FREE TRADE AREA (CEPT-AFTA ROO)

RULES OF ORIGIN FOR THE AGREEMENT ON THE COMMON EFFECTIVE PREFERENTIAL TARIFF SCHEME FOR THE ASEAN FREE TRADE AREA (CEPT-AFTA ROO) RULES OF ORIGIN FOR THE AGREEMENT ON THE COMMON EFFECTIVE PREFERENTIAL TARIFF SCHEME FOR THE ASEAN FREE TRADE AREA (CEPT-AFTA ROO) This document was downloaded from ASEAN Briefing (www.aseanbriefing.com)

More information

THAILAND. Goods Documents required Customs Prescriptions Remarks Consignment information

THAILAND. Goods Documents required Customs Prescriptions Remarks Consignment information Consignment information All shipment must be marked on the OBL as Used Personal effects & Household goods or AWB as Used personal effects only. Do not declare as household goods or household effects on

More information

UNWTO Award for Innovation. Measuring Managing Designing Visitor Experience

UNWTO Award for Innovation. Measuring Managing Designing Visitor Experience UNWTO Award for Innovation Measuring Managing Designing Visitor Experience The Visitor Experience concept was already formulated 140 years ago Authentic travelers do not look for discovering new landscapes.

More information

Experience gained from three multi-product programs in third countries (USA, Brazil and Japan; USA and Canada; and India)

Experience gained from three multi-product programs in third countries (USA, Brazil and Japan; USA and Canada; and India) PPA(15)8437:1 Experience gained from three multi-product programs in third countries (USA, Brazil and Japan; USA and Canada; and India) Seminar: New EU Promotion Policy for Agri- Food Products Brussels

More information

Food Sector Fruits & Vegetables

Food Sector Fruits & Vegetables Food Sector Fruits & Vegetables Sector overview and Industry Structure Trade Statistics Market Size Top companies present in the market Key players Distribution Channels Regulatory Framework Manufacturing

More information

Business Plan Template (For a Start-up Business)

Business Plan Template (For a Start-up Business) Business Plan Template (For a Start-up Business) Your Business Name ABN Number Address Line 1 Address Line 2 City, State Postcode Telephone Fax E-Mail 1/15 Table of Contents Table of Contents... 2 Executive

More information

The Place to Meet International Buyers.

The Place to Meet International Buyers. USA Pavilion at the 18 th Annual Americas Food & Beverage Show and Conference Miami Beach Convention Center, Hall C tradeshows.nasda.org 2014 October 27-28 th, 2014 Miami, Florida USA The Place to Meet

More information

FOOD WHOLESALING AND RETAILING

FOOD WHOLESALING AND RETAILING FOOD WHOLESALING AND RETAILING TRENDS IN FOOD WHOLESALING AND RETAILING Provide a wide range of food to consumers at many different places, many different times Food retailers include supermarkets, bakery

More information

GLOSSARY OF TERMS ENTREPRENEURSHIP AND BUSINESS INNOVATION

GLOSSARY OF TERMS ENTREPRENEURSHIP AND BUSINESS INNOVATION Accounts Payable - short term debts incurred as the result of day-to-day operations. Accounts Receivable - monies due to your enterprise as the result of day-to-day operations. Accrual Based Accounting

More information

Indian Poultry Market Update

Indian Poultry Market Update Indian Poultry Market Update Billion Indian Poultry Market Overview 2 1,100 1,000 900 Indian Poultry Market by Value; 2010-16 900 1,000 800 700 600 500 400 Source: Company Reports 470 2010 2013 2016 Exports

More information

Asia s International Feed, Livestock & Meat Industry Show

Asia s International Feed, Livestock & Meat Industry Show KUALA LUMPUR CONVENTION CENTRE Asia s International Feed, Livestock & Meat Industry Show Hosted by Endorsed by Supported by Organised by JABATAN PERKHIDMATAN VETERINAR Co-located events www.livestockasia.com

More information

Asia Pacific. Patrick Williams. Senior Vice President, APAC Autodesk

Asia Pacific. Patrick Williams. Senior Vice President, APAC Autodesk Asia Pacific Patrick Williams Senior Vice President, APAC Mumbai Delhi Bangalore Pune Beijing Wuhan Chengdu Hanoi Bangkok Kuala Lumpur Ngee Ann City Guangzhou Sin Ming Seoul Tokyo Osaka Shanghai Taipei

More information

Introduction to Public Policy

Introduction to Public Policy Introduction to Public Policy Public Policy as an academic discipline is still very new in the United States, and in most other countries it is just getting started. Public policy schools, including the

More information

Opportunities and Challenges for Dutch Processed Food Companies in India

Opportunities and Challenges for Dutch Processed Food Companies in India Opportunities and Challenges for Dutch Processed Food Companies in India Zeist, 12 May 2015 Management Consulting Firm Strategy Operations Research Quick Introduction Founder & Chief Executive, Third Eyesight

More information

United Arab Emirates. Poultry and Products Annual. UAE Annual Poultry and Products Report

United Arab Emirates. Poultry and Products Annual. UAE Annual Poultry and Products Report THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 6/12/2014

More information

Sending Shipments to Germany

Sending Shipments to Germany Ultimate Introductory Guide: Sending Shipments to Germany.com Why Germany? Germany is the undisputed economic engine of Europe. Germany has the largest Economy in Europe and is fourthlargest economy in

More information

Unit 52: Exporting and Importing Documentation and Procedures

Unit 52: Exporting and Importing Documentation and Procedures Unit 52: Exporting and Importing Documentation and Procedures Unit code: T/602/6088 QCF level: 4 Credit value: 15 Aim The aim of this unit is to enable learners to understand and practise the completion

More information

WHITE PAPER MADE IN AUSTRALIA EXPORTING GLOBALLY. Your guide to exporting overseas.

WHITE PAPER MADE IN AUSTRALIA EXPORTING GLOBALLY. Your guide to exporting overseas. WHITE PAPER MADE IN AUSTRALIA EXPORTING GLOBALLY Your guide to exporting overseas. 1. WHITE PAPER Contents 01. A national exporting outlook 02. Opportunities for Victorian exporters 03. Advantages to exporting

More information

Supply Chain Connectivity and Food Distribution. Sanjeev Asthana

Supply Chain Connectivity and Food Distribution. Sanjeev Asthana Supply Chain Connectivity and Food Distribution Sanjeev Asthana Agro Enterprise Without Borders, Singapore, 2009 Presentation Flow - Evolving Indian Economy - Changing Food Dynamics - New Growth Drivers

More information

3.2 billion USD ALLOCATED FOR AGROINDUSTRY DEVELOPMENT IN 2017

3.2 billion USD ALLOCATED FOR AGROINDUSTRY DEVELOPMENT IN 2017 RUSSIAN FOOD PROCESSING INDUSTRY RUSSIAN AGROINDUSTRY EMBARKS ON DEVELOPMENT GROWING INTEREST IN HIGH-TECH EQUIPMENT 3.2 billion USD ALLOCATED FOR AGROINDUSTRY DEVELOPMENT IN 2017 Government s focus Upgrade

More information

Session 2: ASEAN Food Standards Harmonization

Session 2: ASEAN Food Standards Harmonization International Conference for Sharing Information on Food Standards and Resource March 4, 2011 and Environmental Conservation for Food Industries in Asia Pacific, Bangkok, Thailand Session 2: ASEAN Food

More information

Russia: Market Overview

Russia: Market Overview Russia: Market Overview November 2014 AIDAN COTTER Growing the success of Irish 28 food JANUARY & horticulture 2009 CHIEF EXECUTIVE BORD BIA Russia: Market Overview Population: 142.5million Moscow:12m,

More information

MARKET STRUCTURES. Economics Marshall High School Mr. Cline Unit Two FC

MARKET STRUCTURES. Economics Marshall High School Mr. Cline Unit Two FC MARKET STRUCTURES Economics Marshall High School Mr. Cline Unit Two FC Price Discrimination Our previous example assumed that the monopolist must charge the same price to all consumers. But in some cases,

More information

Brand Extension Report. Whole Foods Market à UK Home Delivery Fruit and Veg Box Scheme

Brand Extension Report. Whole Foods Market à UK Home Delivery Fruit and Veg Box Scheme Brand Extension Report Whole Foods Market à UK Home Delivery Fruit and Veg Box Scheme 1 Contents 1.0 Executive Summary... 03 2.0 Introduction... 04 3.0 Analysis of the issue... 04 3.1 Brand Architecture...

More information

SUBSCRIPTION AND SaaS FEATURES

SUBSCRIPTION AND SaaS FEATURES www.revenuewire.com SUBSCRIPTION AND SaaS FEATURES MONTHLY 6 MONTHS ANNUALY 1 3 2 Branded, Fully Customizable Order Pages Customize your checkout process and add your own content and graphics to your cart

More information

APPENDIX I QUESTIONNAIRE IMPACT OF FOREIGN DIRECT INVESTMENT (FDI) IN INDIAN RETAILING WITH SPECIAL REFERENCE TO VELLORE DISTRICT, TAMIL NADU

APPENDIX I QUESTIONNAIRE IMPACT OF FOREIGN DIRECT INVESTMENT (FDI) IN INDIAN RETAILING WITH SPECIAL REFERENCE TO VELLORE DISTRICT, TAMIL NADU APPENDIX I QUESTIONNAIRE IMPACT OF FOREIGN DIRECT INVESTMENT (FDI) IN INDIAN RETAILING WITH SPECIAL REFERENCE TO VELLORE DISTRICT, TAMIL NADU FOR CUSTOMERS I. SOCIO-ECONOMIC FACTORS 1.1 Gender : a) Male

More information

CATHAY STONE MALL Make your Stone Business Grow

CATHAY STONE MALL Make your Stone Business Grow Cathay Stone Mall CATHAY STONE MALL Make your Stone Business Grow Cathay Stone Mall founded by Cathay Logistics Co., Ltd., will be the worldwide most influential comprehensive multi-service platform for

More information

Chapter 22 Making Consumer Decisions

Chapter 22 Making Consumer Decisions Chapter 22 Making Consumer Decisions Unit 8 Buying Goods and Services Date Section 22.1 Consumer Choices Section Objectives Identify four decisions that consumers make when they buy goods and services.

More information

Chapter 5 International trade

Chapter 5 International trade Chapter 5 International trade International trade consists of buying and selling of exports and imports between countries. Why do we trade? The reason countries do not produce all their own goods to satisfy

More information

STUDY SUBJECTS TAUGHT IN ENGLISH FOR EXCHANGE STUDENTS SPRING SEMESTER 2017/2018

STUDY SUBJECTS TAUGHT IN ENGLISH FOR EXCHANGE STUDENTS SPRING SEMESTER 2017/2018 STUDY SUBJECTS TAUGHT IN ENGLISH FOR EXCHANGE STUDENTS SPRING SEMESTER 2017/2018 1-3 YEAR Study programme: INTERNATIONAL BUSINESS Credits Description of study subject (ECTS) Subject International Business

More information

Governmental and Legal Issues in China Retailing

Governmental and Legal Issues in China Retailing David F. Miller Center For Retailing Education and Research International Retailing Education and Training (IRET ) Governmental and Legal Issues in China Retailing A company should keep 10 centimeters

More information

Commerce Years 7 10 Life Skills unit: Informed consumers

Commerce Years 7 10 Life Skills unit: Informed consumers Commerce Years 7 10 Life Skills unit: Informed consumers Unit title: Informed consumers Description: This unit involves students exploring needs and wants, and identifying the ways in which people obtain

More information

The Staying Power of Local Food Demand Views from the National Landscape. Debra Tropp, Deputy Director Marketing Services Division

The Staying Power of Local Food Demand Views from the National Landscape. Debra Tropp, Deputy Director Marketing Services Division The Staying Power of Local Food Demand Views from the National Landscape Debra Tropp, Deputy Director Marketing Services Division Connection between consumer food preferences and rise in local food demand

More information

Corporate Profile. Korean goods gateway of the Philippines

Corporate Profile. Korean goods gateway of the Philippines Corporate Profile Korean goods gateway of the Philippines ABOUT NEXTRADE Nextrade Philippines, Inc. aims to develop the brand & its services in the most effective and healthiest way. Nextrade Philippines,

More information

SPECIAL REPORT FRESH FOODS SURVEY

SPECIAL REPORT FRESH FOODS SURVEY SPECIAL REPORT FRESH FOODS SURVEY 2017 For more information on Supermarket News, click here to contact us GUARDING THE PERIMETER Food retailers are shoring up their food offerings with new product introductions,

More information

Christmas survey 2017 What will Christmas have in store for Belgians this year?

Christmas survey 2017 What will Christmas have in store for Belgians this year? Christmas survey 2017 What will Christmas have in store for Belgians this year? Christmas survey 2017 What will Christmas have in store for Belgians this year? Belgians spend less online compared to Europeans

More information

Energy Efficiency Building Retrofit. Workshop: Developing a Low Carbon Economy Ho Chi Minh City July 28, 2010

Energy Efficiency Building Retrofit. Workshop: Developing a Low Carbon Economy Ho Chi Minh City July 28, 2010 Energy Efficiency Building Retrofit Workshop: Developing a Low Carbon Economy Ho Chi Minh City July 28, 2010 Clinton Climate Initiative (CCI) Mission: Make a difference in the fight against climate change

More information

The Australian Food Industry. An Introduction

The Australian Food Industry. An Introduction The Australian Food Industry An Introduction content: The Australian Food Industry has developed in response to changes in our physical, social, technological, economic and political environment. This

More information

AROUND THE WORLD, OPPORTUNITIES FOR ONLINE RETAIL (E-COMMERCE) CONTINUE TO GROW:

AROUND THE WORLD, OPPORTUNITIES FOR ONLINE RETAIL (E-COMMERCE) CONTINUE TO GROW: AROUND THE WORLD, OPPORTUNITIES FOR ONLINE RETAIL (E-COMMERCE) CONTINUE TO GROW: 2014 205 billion 2018 297 billion 9,8% growth 2014 124 billion 2018 394 billion 33,3 % growth Around 500.000 Belgians live

More information

The process that involves the study of similarities and differences among consumers in two or more nations or societies is called:

The process that involves the study of similarities and differences among consumers in two or more nations or societies is called: 1 The process that involves the study of similarities and differences among consumers in two or more nations or societies is called: 2 3 4 5 cross-cultural analysis. Correct cross-cultural analysis. The

More information

Business management in animal care

Business management in animal care Business management in animal care Pack 4 The marketplace Pack Code: ACBM4 This pack you will help you to: Describe the animal care marketplace www.lbcnc.org.uk Describe the animal care supply chain Explain

More information

People and their Needs (Economic Geography) 4 July :30 14:30. Check List. Study Notes. Grade 12 Geography Winter School July 2013

People and their Needs (Economic Geography) 4 July :30 14:30. Check List. Study Notes. Grade 12 Geography Winter School July 2013 People and their Needs (Economic Geography) Check List 4 July 2013 13:30 14:30 Make sure you can: Explain and discuss economic activities taking place in different regions Describe and explain the role

More information

1) The broadening set of interdependent relationships among people from different parts of the world is known as.

1) The broadening set of interdependent relationships among people from different parts of the world is known as. 1) The broadening set of interdependent relationships among people from different parts of the world is known as A) globalization B) offshoring C) franchising D) outsourcing Answer: A Page Ref: 49 2) Although

More information

Recommended Resources: The following resources may be useful in teaching

Recommended Resources: The following resources may be useful in teaching Unit F: Harvesting Fruits and Nuts Lesson 3: Market Fruits and Nuts Student Learning Objectives: Instruction in this lesson should result in students achieving the following objectives: 1. Discuss the

More information

The Proposed Safe Food for Canadians Regulations (SFCR) Information Session

The Proposed Safe Food for Canadians Regulations (SFCR) Information Session The Proposed Safe Food for Canadians Regulations (SFCR) Information Session 2011 Her Majesty the Queen in Right of Canada (Canadian Food Inspection Agency), all rights reserved. Use without permission

More information

Working paper on buyer power

Working paper on buyer power Working paper on buyer power Introduction 1. This working paper considers ways in which the buyer power of grocery retailers with respect to their suppliers has the potential to harm consumers. This first

More information

City of Driggs 2010 Retail Trade Area Analysis

City of Driggs 2010 Retail Trade Area Analysis City of Driggs 2010 Retail Trade Area Analysis Introduction The 2010 Retail Trade Area Analysis for the City of Driggs compares supply and demand for a variety of retail sectors and gives information on

More information

AN OVERVIEW OF THE RUSSIAN IMPORT PROCEDURES, LABELLING AND CERTIFICATION

AN OVERVIEW OF THE RUSSIAN IMPORT PROCEDURES, LABELLING AND CERTIFICATION AN OVERVIEW OF THE RUSSIAN IMPORT PROCEDURES, LABELLING AND CERTIFICATION November 2017, Point of view BUSINESS SWEDEN RUSSIA BUSINESS SWEDEN 1 THIS POINT OF VIEW AIMS TO PROVIDE A STRUCTURED OVERVIEW

More information

Economic Impact of UDC Farmers Market

Economic Impact of UDC Farmers Market 2015 Economic Impact of UDC Farmers Market Xiaochu Hu, Ph.D., Kamran Zendehdel, Ph.D., and Dwane Jones, Ph.D. Center for Sustainable Development College of Agriculture, Urban Sustainability and Environmental

More information

Building the Market Chain Coconut in Vietnam

Building the Market Chain Coconut in Vietnam Building the Market Chain Coconut in Vietnam Midrib baskets: The art of giving In Vietnam, special occasions like the Tet Festival and Mother s Day are not complete without the traditional gift-giving.

More information

A TASTE OF THE STATES

A TASTE OF THE STATES 2017 A TASTE OF THE STATES USA PAVILION AT THE 21 ST ANNUAL AMERICAS FOOD & BEVERAGE SHOW AND CONFERENCE SEPTEMBER 25-26, 2017 MIAMI BEACH CONVENTION CENTER FLORIDA, USA Sponsored by COMBINED FORCES CREATE

More information

Singapore: Colgate Smile Whitening Care Business Strategy Executive Summary

Singapore: Colgate Smile Whitening Care Business Strategy Executive Summary Singapore: Colgate Smile Whitening Care Business Strategy Executive Summary I. Singapore a. Highly developed, sophisticated and growing market b. Per Capita GDP of $62,100, an increase of 13% over previous

More information

Chapter 7. Section 3: Monopolist Competition & Oligopoly

Chapter 7. Section 3: Monopolist Competition & Oligopoly Chapter 7 Section 3: Monopolist Competition & Oligopoly Monopolist Competition Many companies compete in an open market to sell products that are similar but not identical Each firms hold a monopoly over

More information

Home Textiles. Trade Route & Competitive Forces in the European Market

Home Textiles. Trade Route & Competitive Forces in the European Market Home Textiles Trade Route & Competitive Forces in the Market The nature of trade in home textiles is set to keep changing in the near future. The market is becoming increasingly globalised, resulting in

More information

Industry Sector: Farm Shop

Industry Sector: Farm Shop Industry Sector: Farm Shop Introduction You have decided that you want to run a farm shop - now decide how you will achieve this and what sort of a shop you will run. Will you: be able to make use of a

More information

Rooting into Restaurants

Rooting into Restaurants Selling to Restaurants 101 Rooting into Restaurants CHECKLIST STEP ONE: GETTING YOUR FOOT IN THE DOOR Make a list of restaurants you want to meet with Showcase your product to the Chef Develop your price

More information

Sparkling ICE by C100. Team 4: Daniel Dorson, Kim Foote, Kelsey Kitchen, Rachel Mendez, Mandy Schiff, Kacey Silverman

Sparkling ICE by C100. Team 4: Daniel Dorson, Kim Foote, Kelsey Kitchen, Rachel Mendez, Mandy Schiff, Kacey Silverman Sparkling ICE by C100 Team 4: Daniel Dorson, Kim Foote, Kelsey Kitchen, Rachel Mendez, Mandy Schiff, Kacey Silverman Talking Rain s Sparkling ICE should partner with Nongfu Spring s C100 in Shenzhen, China

More information

Stat ist ics at METI

Stat ist ics at METI JAPAN Stat ist ics at METI Our Mission We, Research and Statistics Department, provide reliable economic industrial statistics to grasp economic trends quickly and accurately. In order to respond to every

More information

Global Food Enzyme Market Research Report 2021

Global Food Enzyme Market Research Report 2021 Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Global Food Enzyme Market Research Report 2021 Global Food Enzyme Market Research Report 2021 Publication ID: QYR071610161

More information

The Impact of Logistics Costs on the Economic Development: The Case of Thailand

The Impact of Logistics Costs on the Economic Development: The Case of Thailand The Impact of Logistics Costs on the Economic Development: The Case of Thailand Liu Xianghui, International School, Associate Dean Huaqiao University, PRC Abstract Thai economy has been suffering from

More information

Private Distributor Sales Reporting Forms Solution Design Document

Private Distributor Sales Reporting Forms Solution Design Document Private Distributor Sales Reporting Forms Solution Design Document Created By: BC Liquor Distribution Branch Creation Date: 2014-12-22 Last Update Date: 2014-01-15 Version: 1.5 Status: Final Version History

More information

G R O W I N G W I T H E F F E C T I V E D I S T R I B U T I O N E X PA N S I O N

G R O W I N G W I T H E F F E C T I V E D I S T R I B U T I O N E X PA N S I O N G R O W I N G W I T H E F F E C T I V E D I S T R I B U T I O N E X PA N S I O N BY TARGETING TOP 20 PROVINCES BY NIELSEN SALESFORCE ACTIVATION TEAM - Nov 2016 1 THE OPPORTUNITIES Traditional trade is

More information

TAX OPTIMIZATION - VAT & GOODS SUPPLY CHAIN STRUCTURES AGN EU REGIONAL MEETING 2017

TAX OPTIMIZATION - VAT & GOODS SUPPLY CHAIN STRUCTURES AGN EU REGIONAL MEETING 2017 TAX OPTIMIZATION - VAT & GOODS SUPPLY CHAIN STRUCTURES AGN EU REGIONAL MEETING 2017 KEY VAT PRINCIPLES Who is the Supplier? Who is the Customer? Where are the goods delivered from and to? Where does ownership

More information

Vipuvoimaa Vietnamista. Pietro Karjalainen, Finpro Asia Viet Nam, Ho Chi Minh City

Vipuvoimaa Vietnamista. Pietro Karjalainen, Finpro Asia Viet Nam, Ho Chi Minh City Vipuvoimaa Vietnamista Pietro Karjalainen, Finpro Asia Viet Nam, Ho Chi Minh City Country in a nutshell Country snapshot Land Area Population Capital Local Currency GDP At current price: Per capita: Growth

More information

SHIPPING MANUAL. Presented by

SHIPPING MANUAL. Presented by SHIPPING MANUAL Vietnam Saigon Textile & Garment Industry Expo 2018 / Vietnam Saigon Fabric & Garment Accessories Expo 2018 11-14 April 2018 Saigon Exhibition & Convention Center Ho Chi Minh City Vietnam

More information

1980s. 1970s. 1990s 15/09/2015. Global Marketing Management: Planning and Organization. Learning Objectives. Global Marketing Management.

1980s. 1970s. 1990s 15/09/2015. Global Marketing Management: Planning and Organization. Learning Objectives. Global Marketing Management. Global Marketing Management: Planning and Organization Chapter 12 McGraw-Hill/Irwin Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives LO1 LO2 LO3 LO4 How global

More information

FOOD MARKET IN POLAND (current state and trends)

FOOD MARKET IN POLAND (current state and trends) 2009 Creativity, Innovation and Management Proceedings of the 10th International Conference Sousse, Tunisia, 25 28 November FOOD MARKET IN POLAND (current state and trends) Prof. Szwacka-Mokrzycka Joanna

More information