Vietnam: Food Service - Hotel Restaurant Institutional
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This report provides the latest update regarding developments in Vietnam’s Hotel, Restaurant, and Institutional (HRI) food service sector and provides a road map for exporters wishing to enter the market. Revenue from Vietnam’s HRI market declined by 17 percent to $21.3 billion in 2020 due to the COVID-19 pandemic. However, exports of U.S. consumer-oriented products maintained their market share at 7 percent. Post expects the sector to see a strong rebound over the next few years, cementing Vietnam as an attractive export market for U.S. consumer-oriented and agricultural products.