Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?

Vietnam is large food producer and exporter. Currently the country is a low middle income economy, but is striving to increase value added of its products and export more to high income countries. During this transition Vietnam can be a feasible market for producers of advanced processing solutions....

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Main Authors: Trung QUANG DINH, Hilmar Þór HILMARSSON
Format: Article
Language:English
Published: Editura ASE 2013-10-01
Series:Revista de Management Comparat International
Subjects:
Online Access:https://www.rmci.ase.ro/no14vol4/05.pdf
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author Trung QUANG DINH
Hilmar Þór HILMARSSON
author_facet Trung QUANG DINH
Hilmar Þór HILMARSSON
author_sort Trung QUANG DINH
collection DOAJ
description Vietnam is large food producer and exporter. Currently the country is a low middle income economy, but is striving to increase value added of its products and export more to high income countries. During this transition Vietnam can be a feasible market for producers of advanced processing solutions. This article analysis and assesses the seafood and livestock market in Vietnam. The conclusion is that there is an opportunity for advanced processing solution providers to sell processing solutions in both fisheries and livestock sectors. In the short run growth potential for these providers seem to be in fisheries sector while the medium or long term potential seems to be in the livestock sector.
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publisher Editura ASE
record_format Article
series Revista de Management Comparat International
spelling doaj-art-c05f12f0a59949a0b11509ab65e1e4a32025-08-20T02:19:40ZengEditura ASERevista de Management Comparat International1582-34582601-09682013-10-01144567584Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers? Trung QUANG DINH0Hilmar Þór HILMARSSON 1 University of Akureyri, School of Business and Science, Iceland, University of Akureyri, School of Business and Science, Iceland,Vietnam is large food producer and exporter. Currently the country is a low middle income economy, but is striving to increase value added of its products and export more to high income countries. During this transition Vietnam can be a feasible market for producers of advanced processing solutions. This article analysis and assesses the seafood and livestock market in Vietnam. The conclusion is that there is an opportunity for advanced processing solution providers to sell processing solutions in both fisheries and livestock sectors. In the short run growth potential for these providers seem to be in fisheries sector while the medium or long term potential seems to be in the livestock sector. https://www.rmci.ase.ro/no14vol4/05.pdfagriculture production and exportfood processingmarket entryvietnam
spellingShingle Trung QUANG DINH
Hilmar Þór HILMARSSON
Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?
Revista de Management Comparat International
agriculture production and export
food processing
market entry
vietnam
title Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?
title_full Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?
title_fullStr Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?
title_full_unstemmed Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?
title_short Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?
title_sort managing entry or expansion is vietnam a feasible market for advanced food processing solution providers
topic agriculture production and export
food processing
market entry
vietnam
url https://www.rmci.ase.ro/no14vol4/05.pdf
work_keys_str_mv AT trungquangdinh managingentryorexpansionisvietnamafeasiblemarketforadvancedfoodprocessingsolutionproviders
AT hilmarþorhilmarsson managingentryorexpansionisvietnamafeasiblemarketforadvancedfoodprocessingsolutionproviders