Vietnam’s consumer goods market soars

Reading Time: 1 minute

Vietnam storeThe consumer goods market in Vietnam has developed into an attractive sector for international investors as it scored the highest growth rates in Asia in 2012 and  has a distinctive demand for capital funding and professional management expertise.

According to a survey by global retail research company Nielsen, the Vietnamese consumer goods market grew by 23 per cent last year, outpacing India and China at 18.8 per cent and 13 per cent, respectively. As opposed to other sectors in Vietnam, large state-related consumer goods firms such as Vinamilk and other beverage and food producers have been posting whopping profits.

This was due to the fact that Vietnam with its 90 million population experiences fast urbanisation and rising income of the middle class.

However, the consumer goods sector faces capital difficulties and a lack professional administrative management, industry experts said. With the influx of investors, there are also a number of mergers and acquisition deals expected.

One of the most remarkable recent foreign investment  deals was US-based investment firm Kohlberg Kravis Roberts (KKR) pumping $200 million into Masan Consumer Corporation in January 2013.

Another investment was made by Japanese insecticide producer Fumakilla that has recently spent $8 million to acquire manufacturing plants of Jumbo, a Vietnamese maker of mosquito coils.

 

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid

Reading Time: 1 minute

The consumer goods market in Vietnam has developed into an attractive sector for international investors as it scored the highest growth rates in Asia in 2012 and  has a distinctive demand for capital funding and professional management expertise.

Reading Time: 1 minute

Vietnam storeThe consumer goods market in Vietnam has developed into an attractive sector for international investors as it scored the highest growth rates in Asia in 2012 and  has a distinctive demand for capital funding and professional management expertise.

According to a survey by global retail research company Nielsen, the Vietnamese consumer goods market grew by 23 per cent last year, outpacing India and China at 18.8 per cent and 13 per cent, respectively. As opposed to other sectors in Vietnam, large state-related consumer goods firms such as Vinamilk and other beverage and food producers have been posting whopping profits.

This was due to the fact that Vietnam with its 90 million population experiences fast urbanisation and rising income of the middle class.

However, the consumer goods sector faces capital difficulties and a lack professional administrative management, industry experts said. With the influx of investors, there are also a number of mergers and acquisition deals expected.

One of the most remarkable recent foreign investment  deals was US-based investment firm Kohlberg Kravis Roberts (KKR) pumping $200 million into Masan Consumer Corporation in January 2013.

Another investment was made by Japanese insecticide producer Fumakilla that has recently spent $8 million to acquire manufacturing plants of Jumbo, a Vietnamese maker of mosquito coils.

 

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid