Vietfood & ProPack Vietnam 2026 Opens in HCM City

The first specialized exhibition for Vietnam's food and beverage industry, Vietfood & ProPack Vietnam 2026, has opened in Ho Chi Minh City. The event combines product experiences with international business networking opportunities, serving as a platform to showcase the current state and future potential of Vietnam's vibrant F&B market. Vietnam has achieved remarkable economic growth in recent years, with the food and beverage sector benefiting significantly. According to a report by Momentum Works, Vietnam's coffee chain market reached US$725 million last year, a 27% year-on-year increase, marking the second-fastest growth in the region after Malaysia. The tea chain market was valued at US$617 million, rising 28%, behind Thailand. This reflects increasing domestic consumption and a growing demand for quality products. Bui Trung Thuong, a Vietnamese Trade Counsellor, highlighted India as one of the fastest-growing consumer markets globally, citing its large population, expanding middle class, and rising demand for quality food and beverage products. This suggests the importance of India as an export market for Vietnamese F&B producers. Vietnam's overall economy continues its robust growth. In the first seven months of 2026, registered foreign direct investment (FDI) in Vietnam exceeded US$38 billion, a nearly 58% year-on-year increase. Notably, this growth was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signaling an improvement in the quality of capital inflows. This indicates Vietnam's shift from a low-cost production base to industries with higher added value. Trade performance has also been strong. Vietnam's total import-export turnover climbed 28.1% year-on-year to US$659.58 billion during the January–July period. Exports were valued at US$319.53 billion (up 21.7%), while imports rose 34.8% to US$340.05 billion. Agro-forestry-aquatic product exports reached nearly US$42.8 billion in the same period, up 7.5% year-on-year. Manufacturing and engineering sectors posted the strongest recruitment growth, with hiring demand surging 70% year-on-year, driven by production expansion, supply chain restructuring, and sustained investment in high-tech manufacturing. This demonstrates Vietnam's role in the global supply chain and its increasing international competitiveness in manufacturing. Infrastructure development is also underway. Terminal 1 of Da Nang International Airport, inaugurated in 2011, has become overloaded, prompting expansion plans to meet growing passenger and cargo demand. Additionally, around 2,500 old apartment blocks built before 1994 in Hanoi and Ho Chi Minh City, with 196 classified as severely deteriorated and unsafe, require urgent renovation and redevelopment. Under its one-party system, Vietnam prioritizes economic growth and actively attracts foreign investment. In recent years, while deepening economic ties with China, Vietnam has maintained a balanced foreign policy considering geopolitical factors. This F&B industry exhibition underscores Vietnam's commitment to enhancing its global market presence and pursuing growth across diverse industrial sectors. Source: VietnamPlus English