Why Invest in Food and Beverage Industry in Vietnam
Consumption of food and drink products accounts for about 15 percent of Vietnamese GDP, and this percentage is forecast to rise in the future.
Furthermore, Vietnam is expected to become one of the top 3 Asian countries by 2020. As it is supposed that the F&B industry will be one of the most prominent growers in Asia, the Vietnamese food and beverage sector happens to be even more appealing to foreign investors.
Currently, thirty-five percent of Vietnamese outdoor food and beverage consumption are based on Western food, mainly because of the growing number of foreign food and beverage brands.
How to Register Food and Beverage in Vietnam
Producers who intend to distribute their products at the Vietnamese market must self-announce food safety quality and compliance to the Ministry of Health. Noticeably, it is companies that are liable for safety issues of their products, and thus food standards should not be underestimated.
Furthermore, the application dossier should several documents such as:
- Certificate of Free Sale or Health Certificate
- Business registration certificate of a Vietnamese importer consisting of:
- Investment registration certificate (IRC)
- Enterprise registration certificate (ERC)
- Product samples
- Product label
From July 2019, Certificate of Good Manufacturing Practise (GMP) will be a mandatory part of the application package.
Food and Beverage Registration with Cekindo
Cekindo is a one-stop market entry service provider that will not only prepare the application dossiers for your products but also assist you when searching for reliable distributors and business partners.
Contact us today, and we will take care of your food and beverage registration in Vietnam and make sure that your products comply with the current Vietnamese regulations.