Horeca

Vietnam’s HORECA food service sector consists of over 540,000 outlets including over
430,000 street stalls/kiosks; 7,000 fast-food restaurants; 80,000 full-service restaurants; 22,000
cafeterias/bars; and more than 12,500 hotels and resorts. The total consumer food service
sales in Viet Nam achieved an average growth of 8.8 percent per year during 2005-2011, and
are forecast to grow at a slower, but still strong, rate of 5 percent during the next five years. Despite the recent worldwide economic slowdown and Vietnam economic slowdown, the outlook
for high-value food and beverage exports to Vietnam is still very promising