Japanese-standard dairy products to enter Vietnamese market
Vietnam Nutrition Food JSC (NutiFood) and Japanese beverage group Asahi, the owner of baby food brand Wakodo, on January 10 announced the establishment of their joint venture, aiming to bring nutritional products for children that fit Japanese standards into Vietnamese market.
Vietnam Nutrition Food JSC (NutiFood) and Japanese beverage group Asahi, announcethe establishment of Asahi-NutiFood joint venture.(Photo: news.zing.vn)
HCM City (VNA) – Vietnam Nutrition Food JSC (NutiFood) and Japanesebeverage group Asahi, the owner of baby food brand Wakodo, on January 10announced the establishment of their joint venture, aiming to bring nutritionalproducts for children that fit Japanese standards into Vietnamese market.
The joint venture, called Asahi-NutiFood, is set up to take advantage of eachside’s strengths, with NutiFood having long-term business experience, extensivedistribution channels and deep understanding of Vietnamese children’snutrition, and Asahi holding expertise in production of high-quality powderedmilk and baby food.
In the initial phase, the nutrition products, made under the advice of NutiFoodexperts to suit Vietnamese children, will be directly imported from theJapan-based factories of Asahi.
According to Shoyama Katsuo, President of Asahi Group, WAKODO is one of thebrands that have brought tidy profit to the group, and it is now the leadingbrand in Japan.
As Vietnam is a potential market, Asahi decided to choose NutiFood as itpartner to conquer Vietnamese consumers, he said.
Meanwhile, Tran Thi Le, General Director of the joint venture, underlined thatthe firm will support healthy growth and development of Vietnamese infants andchildren, and it pledged to provide the best nutritional value and helpVietnamese mothers with Japanese healthcare and educational knowledge.
Earlier, NutiFood received a certificate from the US Food and DrugAdministration and was able to export a special nutritional supplement for childrento eat better to the US. Besides, it has cooperated with Swedish-basedBackahill Company and BASF group to apply international standards in producingdairy products for children.-VNA
The Vietnam Nutrition Food JSC (Nutifood) on May 11 signed a cooperation agreement with the provincial People’s Committee of Dak Lak to invest more than 1 trillion VND (44.1 million USD) in high-tech agriculture.
The Vietnam Nutrition Food JSC (NutiFood) and Swedish Backahill Company have joined hands to boost export of Vietnamese dairy and organic nutrition products to European and Asian markets under a Memorandum of Understanding (MoU) inked between the two sides on September 11.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.