Vietnam spends $1.4 bln on food delivery in 2023, up 30%: Momentum Works

Vietnam spends $1.4 bln on food delivery in 2023, up 30%: Momentum Works

Food delivery services in Vietnam reached a gross merchandise value (GMV) of $1.4 billion in 2023, up 30% year-on-year, according to Singapore-based market researcher Momentum Works.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Over 40% of F&B firms in Vietnam record lower revenues in H1

Over 40% of F&B firms in Vietnam record lower revenues in H1

Over 40% of food & beverage (F&B) firms in Vietnam recorded lower revenues in the first six months of this year according to a survey by iPOS.vn, a major provider of restaurant management solutions.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam F&B chain industry sees mixed moves from investors

Vietnam F&B chain industry sees mixed moves from investors

Investors in Vietnam's food and beverage (F&B) chains have been blowing hot and cold in recent months.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam food & beverage market could grow to $31 bln in 2023

Vietnam food & beverage market could grow to $31 bln in 2023

Vietnam’s food & beverage market could grow 18.26% from $25.97 billion in 2022 to $30.71 billion in 2023, according to a report by iPOS.vn, a provider of restaurant management solutions.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singaporean firms become restaurant chain Golden Gate’s major shareholder

Singaporean firms become restaurant chain Golden Gate’s major shareholder

A 35.95% stake of Golden Gate, the operator of a leading restaurant chain in Vietnam, has been sold to a group of three Singaporean investors, while major shareholder Prosperity Food Concepts Pte Ltd said “good bye” to the company.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

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