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Category: Food

Retail Asia26/10/2023
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Food

Durian export rises 14 time

2min0
Vietnam’s durian export reached $1.63 billion in the first nine months, 14 times higher than the figure of same period last year, according to statistic of the General Department of Customs. In the reviewed period, fruit and vegetable exports totaled $4.21 billion, a surge of 72.5% equivalent to $1.77 billion year on year. Durian has […]
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Retail Asia26/10/2023
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Food

Coca-Cola raises outlook amid revenue growth

2min0
The Coca-Cola Company has raised its full-year guidance after its net revenue expanded 8 percent to US$12 billion for the third quarter. The US-headquartered company saw net revenues increase in most of its markets, including Europe, Middle East & Africa (10 percent), Latin America (24 percent), and North America (6 percent). Meanwhile, revenues in Asia […]
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Retail Asia23/10/2023
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Food

Shrimp exports to US surge in September

2min0
Shrimp exports to the U.S. in September increased 23% compared to the same period last year, marking the third consecutive month of positive growth. The 23% growth in September was also the highest compared to the previous two months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). However, in the nine months […]
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Retail Asia19/10/2023
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Food

Vietnam rice export price climbs amid thin supply

2min0
Vietnam’s rice price continues to rise as the harvest season ends, creating a shortage of supply. Vietnam’s 5% broken rice is now at $623 per ton, 7% higher than that of Thailand and 10.7% higher than that of Pakistan. The domestic paddy price has also been rising to unprecedented levels. Japanese paddy J02 is now […]
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Retail Asia19/10/2023
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Food

Vietnamese lobsters half price as Chinese orders dwindle

3min0
Diminishing exports to China’s massive market has Vietnamese ornate rock lobsters selling for VND1-1.3 million (US$42-54) a kilogram, half the price of two months ago. According to lobster harvesters in the central province of Khanh Hoa, prices are at the lowest point in two years. China is the biggest importer of Vietnamese lobsters. Lobster vendors […]
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Retail Asia17/10/2023
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Food

Catfish exports to China plummet

2min0
Pangasius exports to China in the first eight months of this year fell 28%to US$406 million, according to the Vietnam Association of Seafood Exporters and Producers. Since September Chinese demand for the fish has not increased much even as it has stepped up imports from Norway, South Korea, Australia, and Chile. The director of a […]
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Retail Asia16/10/2023
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Food

Flash Coffee ceases operations in Singapore

3min0
Flash Coffee has shut its Singapore operations to focus on other markets, the company told CNA on Friday (Oct 13) in response to queries about its business here. The Singapore-based coffee chain had 11 outlets in Singapore, including one at Jurong Point where a sign on Thursday said employees were “on strike” over late salary […]
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Retail Asia16/10/2023
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Food

Duck Donuts opens its first Thailand store in Bangkok

2min0
Pennsylvania-based Duck Donuts has opened its first store in Thailand in partnership with local franchisee The Great Restaurant Group Co. Located at the Siam Discovery shopping centre in Bangkok, the outlet is the first of 10 Duck Donuts stores The Great Restaurant Group Co. plans to open across Thailand by the end of 2028. “Bringing Duck […]
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Retail Asia13/10/2023
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Food

Hendrick’s unveils latest addition to its Cabinet of Curiosities series

1min0
Hendrick’s Gin has introduced its latest creation from the Cabinet of Curiosities series, Flora Adora. The Cabinet of Curiosities is the brand’s series of limited-edition gin releases known for their unique botanical combinations and unconventional flavors. Crafted at the Hendrick’s Gin Palace in Scotland, the new gin departs from traditional profiles, featuring ingredients like juniper […]
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Retail Asia09/10/2023
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Food

Nespresso creates special blend with Blue Bottle Coffee

2min0
Nespresso has collaborated with Blue Bottle Coffee in the US to develop Blend No. 1, the first limited-edition capsule combining the specialties of both brands. Blend No. 1 is a blend of organically processed coffee from two distinct origins, Ethiopia and Uganda, and is notably light and short-roasted in two splits, separated by origin. According […]
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Retail Asia09/10/2023
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Food

Vietnamese fruit faces tougher competition in China

5min0
Vietnam exported less fruit to China as the northern neighbor increased dragon fruit cultivation and allowed official import of passion fruit from Laos and longan from Cambodia. Data from Vietnam Customs showed dragon fruit exports to China totaled US$442 million, posting a year-on-year decrease of 4.4%. Specifically, red-fleshed dragon fruit exports fell by 38%. Currently, […]
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Retail Asia06/10/2023
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Food

Doritos launches limited-edition coriander flavour

1min0
Pepsico has launched Doritos Coriander, a new limited-edition flavour of its popular corn chips brand. “We’re excited to see the reaction of chip lovers from across the country as they try our super-limited-edition Doritos Coriander,” said Vandita Pandey, chief marketing officer at Pepsico. “With the taste of coriander being one of Australia’s most divisive flavours […]
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Retail Asia06/10/2023
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Food

Rice exports surge to new record

3min0
According to the Ministry of Agriculture and Rural Development, Vietnam set a new record in rice export revenue in the first nine months of 2023 thanks to price increases. The ministry has reported that the country earned US$3.66 billion from exporting rice in the period, up 40.4% year-on-year. The result was attributed to the increasing […]
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Retail Asia05/10/2023
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Food

China grows more dragon fruit, reduces imports from Vietnam

5min0
China is expanding the cultivation of red-fleshed dragon fruit, which sells at lower prices than imports from Vietnam. Last year, it said it grew the fruit on 67,000 hectares and produced 1.6 million tons, which exceeded Vietnam’s output. The People’s Daily newspaper reported that farmers in Cixi in Zhejiang Province in eastern China worked all night […]
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Retail Asia04/10/2023
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Food

Jollibee Singapore opens first drive-thru store

2min0
Jollibee Singapore has opened its 20th location in Singapore – and its first in the city to feature a drive-thru service – at Caltex Jurong Spring station. “This milestone coincides with our 10th anniversary in Singapore, during which time we have expanded from a single outlet in Lucky Plaza to 20 stores across the country, […]
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Retail Asia02/10/2023
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Food

Bonanza for sweet potato farmers as prices double

3min0
Sweet-potato growers in the Central Highlands are enjoying a windfall as prices have doubled from last year to VND15,000–20,000 ($0.61-0.82) per kilogram on higher demand and declining output. Hoa, a farmer in Kon Tum who has three hectares of land, said last week he harvested 12 tons of Le Can sweet potato on one hectare, […]
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Retail Asia28/09/2023
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Food

Indonesian cafe chain Kenangan Coffee enters Singapore

2min0
F&B unicorn Kopi Kenangan, known as Kenangan Coffee outside Indonesia, has expanded its footprint into Singapore, opening its first store at Raffles City Shopping Centre. The Singapore expansion follows Kenangan Coffee’s international debut last year in Malaysia, where it currently has more than 20 stores. “The profound love that Singaporeans have for coffee, from kopitiams to contemporary […]
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