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Food & Beverage in EVFTA: How Foreign Investors Can Qualify for Preferential Tariffs
Food & Beverage in EVFTA: How Foreign Investors Can Qualify for Preferential Tariffs
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At an average growth rate of approximately 7 percent, the food and beverage sector (F&B) has been one of the fastest-growing areas and contributed 15 percent to Vietnam’s GDP in 2019. As a result, in the last few years, numerous foreign businesses have invested significantly in this market, with Korean and Japanese investors leading and seizing this opportunity. The trend is set to continue with more investors from other regions around the world, including the EU, looking to penetrate this developing market.
In the threequel of our EVFTA series, held on October 1, we were pleased to spotlight the food and beverage industry in Vietnam.
The webinar aims to help EU investors in the F&B sector uncover advantages and opportunities when accessing the Vietnamese market through the EVFTA and obtain a basic understanding of Vietnam's key market entry strategies. Do Thanh Huyen, our Business Intelligence Assistant Manager, held the webinar and discussed:
- An overview of Vietnam’s F&B industry;
- Emerging opportunities and challenges for F&B enterprises under the EVFTA; and,
- Market entry strategies
For a copy of the presentation, please click the download button.
We hope you find the webinar helpful. Should you have any further concerns or questions when applying the solutions brought up in the webinar, please do not hesitate to contact us.
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