Category: Food

Retail Asia22/04/2024
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2min0
Thailand is poised to export approximately one million tonnes of durian, valued at an estimated 130 billion baht ($3.5 billion) this year, according to Thai PBS World.< In line with Thai Prime Minister Srettha Thavisin’s directives, the Ministry of Agriculture and Cooperatives is tasked with drafting regulations to prevent the sale of unripe or inferior […]

Retail Asia18/04/2024
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3min0
Food exporters are seeing a recovery in orders though admittedly they have yet to climb back to the levels of past years. “We have gotten orders worth tens of millions of dollars so far this year,” Le Thi Giau, chairwoman of instant noodle exporter Binh Tay Food, said at a trade promotion forum earlier this […]

Retail Asia15/04/2024
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2min0
Japanese retailer AEON has replaced Philippine and Taiwanese bananas with Vietnamese imports at its Hong Kong outlets. AEON started selling Vietnamese bananas at its 91 outlets in Hong Kong last year because they are of high quality and grown using a process that does not result in waste, Yuichiro Shiotani, CEO of AEON Topvalu Vietnam, […]

Retail Asia10/04/2024
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1min0
Vietnam exported 2.1 million tons of rice in the first three months, worth $1.4 billion in total, up 42% year-on-year in value. According to the Ministry of Agriculture and Rural Development, main buyers such as the Philippines, Indonesia, China, Ghana, Malaysia, and Singapore all posted growth. The Philippines and Indonesia, however, are making efforts to […]

Retail Asia08/04/2024
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1min0
Vietnam has surpassed Thailand as the top durian exporter to China, shipping 32,750 tons in the first two months of 2024. This accounted for 57% of China’s imports, up from 32% last year, according to Vietnam Customs. Vietnam’s export of the fruit to China rose by 2.4 times year-on-year. Thailand saw its exports plunge by […]

Retail Asia29/03/2024
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3min0
Coffee prices surged 11.3% to a historic high of VND98,100 (US$3.95) per kilogram on Wednesday as inventories dwindle and production is forecast to decline. The price represented a 110% increase from a year ago. On online coffee business forums, many farmers and traders have expressed surprise at the unprecedented prices, which were around VND70,800 at […]

Retail Asia27/03/2024
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4min0
Some online stores are selling what they claim to be Kobe beef, the premium Japanese variety that usually costs VND6-15 million (US$242-605) per kilogram for a mere VND280,000 ($11). Le Thu, a seller in Hanoi, said she had imported two shipments of the meat to fulfill large orders. “The beef is cut into neat 250-gram […]

Retail Asia25/03/2024
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1min0
U.S. food and beverage giant PepsiCo has committed to investing an additional US$400 million to build two new plants powered by renewable energy in Vietnam, its government said. The announcement came last Friday as delegations of more than 60 U.S. enterprises, including Suntory PepsiCo Vietnam Beverage, paid a 3-day work visit to Vietnam last week. The Vietnamese […]

Retail Asia06/03/2024
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1min0
Coach is expanding into the food and beverage business by launching its first concept dining experience in Jakarta, Indonesia. The destination comprises The Coach Restaurant and Coach Coffee Shop at Grand Indonesia Mall. The Coach Restaurant, designed by Coach creative director Stuart Vevers and William Sofield of Studio Sofield, serves traditional New York steakhouse cuisine. […]

Retail Asia04/03/2024
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2min0
Vietnam’s fruit and vegetable exports surged 38% to about $749.7 million in the first two months and is expected to peak at nearly US$7 billion this year. Durian alone would will bring in $3.5 billion after the Vietnamese Ministry of Agriculture and Rural Development and the General Administration of Customs of China signed a protocol […]

Retail Asia01/03/2024
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1min0
Tomoro Coffee has opened its first location in Singapore as part of its ambition to become Southeast Asia’s largest coffee chain. The location is inside the Hon Sui Sen Memorial Library at NUS Business School, aiming to convey the brand’s dedication to quality and affordability. “In today’s coffee culture, we’ve noticed a growing trend where […]

Retail Asia29/02/2024
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1min0
Food and beverage giant Nestle has invested $32 million in its Smithtown factory, aiming to boost the site’s manufacturing line. The funding will also introduce state-of-the-art technology and support an increased production capacity. James Garley, the site’s factory manager, said the investment reflects Nestlé’s commitment to support local manufacturing. “Over the next 12 months, the […]


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