More than 110 exhibitors from 13 countries and territories will gather at the second International Food & Hotel Hanoi 2023 exhibition, which includes drink, restaurant, bakery and food service equipment, supplies & services. The event is slated to run from November 21 to 23, according to the event’s organisers.
In order to approach choosy markets more easily, Vietnamese enterprises have entered foreign markets by merger and acquisition methods, buying factories or stakes of foreign firms in their countries.
The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.
Attracting foreign capital will allow Vietnamese pharmacy firms improve their competitiveness and develop the national pharmacy industry. However, analysts warn that the market may fall into foreign hands.