Vietnam Food & Drink Q4 2019
On the back of a bright consumer outlook, food and drink spending in Vietnam will remain strong buoyed further byfavourable demographics. Food spending growth will remain strong driven by expanding household numbers and the diversificationin diets will also support spending in categories of seafood, dairy and fresh and preserved foods. Meanwhile, though non-alcoholicdrink sales will grow at a slower pace compared to alcoholic drinks, we remain bullish on the category owing to projected robustgrowth in carbonated drink sales.
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