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Vietnam's potential to drive agri-food recovery ranks second highest in the region


Vietnam’s potential to drive agri-food recovery ranks second highest in the region
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 01/05/2021
  
09:08
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As a key pillar of the national economy, Vietnam’s agri-food sector remained resilient during the COVID-19 pandemic and has great potential to drive economic recovery, ranking second in the region.
However, a report by Oxford Economics states that while the sector can be a significant driver of Vietnam’s post-COVID-19 economic recovery, supply and demand risks, fiscal policy measures, and a drawn-out pandemic could disrupt this trajectory.
The agri-food sector could play a major role in Vietnam s recovery. ....

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Vietnam's potential to drive agri-food recovery ranks second highest in the region


Vietnam’s potential to drive agri-food recovery ranks second highest in the region
16:06 | 27/04/2021
As a key pillar of the national economy, Vietnam’s agri-food sector remained resilient during the COVID-19 pandemic and has great potential to drive economic recovery, ranking second in the region. However, a report by Oxford Economics states that while the sector can be a significant driver of Vietnam’s post-COVID-19 economic recovery, supply and demand risks, fiscal policy measures, and a drawn-out pandemic could disrupt this trajectory.
The agri-food sector could play a major role in Vietnam s recovery
Commissioned by the Food Industry Asia (FIA) to better understand the challenges and economic impact of the agri-food sector faced in 2020, The Economic Impact of the Agri-Food Sector in Southeast Asia report highlighted that the agri-food sector’s role is pivotal in driving Vietnam’s economic recovery, cre ....

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F&B manufacturing in Philippines and Thailand shrinks while Vietnam and Indonesia see growth: Oxford Economics report


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F&B manufacturing in Philippines and Thailand shrinks while Vietnam and Indonesia see growth: Oxford Economics report
By Guan Yu Lim
Philippines’ and Thailand’s F&B manufacturing sectors shrunk amid the COVID-19 pandemic last year, while Vietnam and Indonesia saw positive growth, according to a new report.
Oxford Economics estimates that Philippines and Thailand experienced a 7% and 4% drop respectively in their F&B manufacturing sector.
For Vietnam and Indonesia, their F&B manufacturing sectors were estimated to have expanded by 5% and 3% in 2020 respectively.
In the report, F&B manufacturing comprised the production of food and non-alcoholic beverages.
Along with F&B distribution (retail, catering, hospitality) and agricultural production, the three components make up the main agri-food sector. ....

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