Vietnam's food processing sector takes tech route to recovery


Vĩnh Hoàn Joint Stock Company generated turnover of VNĐ1.79 trillion (US$77.73 million) in the first quarter of the year, a 9.3 per cent year-on-year increase. - Photo baodautu.vn

HANOI (Vietnam News/ANN): Food processing accounts for the highest ratio, 19.1 per cent, of the processing and manufacturing industry.

Đầu Tư & Chứng Khoán magazine said the segment grew at 7 per cent annually between 2016 and 2020, despite dipping sharply in 2020 to 4.5 per cent due to impact of the Covid-19 pandemic.

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Vietnam , food processing , technology

   

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