Top Fmcg Manufacturing Companies in Vietnam

The fast-moving consumer goods (FMCG) industry in Vietnam has been experiencing significant growth in recent years, driven by favorable government policies, increasing foreign investment, and a growing middle class. With a population of nearly 100 million people and a GDP growth rate of 6.5% in 2022, Vietnam has become an attractive destination for FMCG companies from around the world.

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CompanyHeadcountContactDescriptionDecision Maker
MANPOWERGROUP VIETNAM204 +84 24 3974 4574
pportunity@manpower.com.vn

ManpowerGroup is the largest global permanent recruitment, staffing and outsourcing company in Vietnam with offices in HCMC and Hanoi and many recruitment hubs nationwide. Apart from our top-notch permanent recruitment and executive search capability, we are the leading HR agency providing blue collar workers in manufacturing, technology, logistics/supply chain/e-commerce/warehouse as well as white collar workforce in finance, HR and office administration. With our 120+ highly experienced consultants, we are confident to provide you with innovative, tailor-made workforce solutions, enabling your business to win in the ever-changing world of work

SHOEFABRIK128 +84 28 5431 8579
hello@shoefabrik.com

European-owned Vietnam-based holistic footwear solutions. Elevating aspirational brands, driving positive change. Exceptional shoes. Responsibly. SHOEfabrik operates a sophisticated full-service business model, with bespoke solutions for each individual client. Our regional headquarters are in Ho Chi Minh City, Vietnam where we have an international team of over 150 footwear professionals working across several leading global brands on world-class products. Our full-service approach means that we can manage the process in as much or as little detail as the customer needs, from the very initial brief through to mass production order shipment. We are dedicated to driving responsible practices forward, to help create a better future for the planet and people. This starts from the very beginning of the process when we listen to your needs then assess the best way to help. Its like having your own dedicated team, in the country of manufacture. We have expertise in a variety of differe…

ARCHETYPE GROUP763 +65 6220 0640
info@archetype-group.com

Archetype Group is a leading international construction consultancy company, we are shaping buildings that last with a full range of consulting services: Architecture & Master Planning, Building Engineering, Industrial & Process Engineering, Project & Cost Management. Since 2002, Archetype Group has been working on over 1,500 projects in 50 different countries. With a thousand of collaborators on four continents, we have showcased our expertise, our experience, and our knowledge at the service of hospitality, real estate and industrial projects. Archetype reality is the preferred partner for real estate and hospitality players. It brings best-in-class services for developers, constructors, and brands. Archetype reality focuses on four main sectors: hospitality, mixed-use high-rise, commercial & retail, and healthcare. Archetype industry serves the most renowned companies in industry and manufacturing. The company has gained excellence in understanding the most sophisticated expe…

BNK SOLUTION122 +84 314 918 256
info@bnksolution.com

Starting as Smart Factory Software Solution Firm since 2018, Ho Chi Minh City, BnK Solution grows rapidly and expanded into other software services segment, base at 3 City, 4 Offices along Vietnam: - Intelligent automation: RPA, Lowcode, BPM, Chatbot.. - Software Services - Smart Factory Solution - Odoo ERP 2021: - Success to build customer service platform for Life Insurance domain - Success to build Citizen App using OutSystems for #1 Real Estate in Vietnam - Open third development center in center of Vietnam: Vinh City, Nghe An province - Success to deliver MES/HRM, integrated with CMMS for #1 Renewable Energy Factory - 120 Software Engineers, 4 Business Unit 2020: - Initiate Intelligent Automation Segment for Banking and Insurance - Success to deliver RPA/UIPath for Bank -Partner of UIPath - Success to deliver Low-code OutSystems for Real Estate, Bank, Retail, .. - Success to deliver digital banking to a Malaysia bank in Vietnam - Success to deliver full Odoo ERP including accoun…

VIVABLAST88 +84 28 3896 5007
vivablast@vivablast.com

Vivablast is a 100% foreign-owned company accredited UKAS ISO 9001:2015 & 45001:2018 by Bureau VERITAS with offices and setup over South-East Asia. Since 1994, we have been servicing industry leaders in major projects from construction phase to maintenance programs. Our vertical expertise includes all industry sectors, particularly: oil & gas, power & utilities, shipbuilding, mining, renewable energy and manufacturing. Our vision is to be the most preferred and trustful solutions-provider for industrial assets preservation. Contributing to the sustainable industrial development of Vietnam, we enforce CSR Standard on Environment, Safety, and Quality standards in everything we do. We design and deliver professional services to preserve our Clients’ assets sustainably, through efficient and reliable specialty services and integrated solutions. Learn more at www.vivablast.com * Tel: +84 8 38 965 006/ 007/ 008 * Email: vivablast@vivablast.com * Website: http://vivablast.com/ * Linkedin…

MAROU - FAISEURS DE CHOCOLAT69 +84 28 3729 2753
sales@marouchocolate.com

Marou Faiseurs de Chocolat is among the first Bean-to-Bar artisan chocolate maker in Asia. It is the dream child of 2 unusual French men who call Vietnam home: to create from 100% local ingredients the purest dark chocolate, blending a great cacao origin, that of Southern Vietnam with a renowned traditional know how, that of French chocolate makers. To do this we have revisited the old history of cacao in Vietnam: a crop introduced in Indochina in the 19th century, forgotten during the war years and finally rediscovered in the past decade. Try our award-winning single origin dark chocolate bars and find out why Marou is quickly gaining the recognition of foodies, chefs and chocolate enthusiasts in Vietnam & throughout the world.

OPENASIA GROUP254 +84 28 3910 5029
info@openasiagroup.com

Established as an investment firm operating in Vietnam since 1994, Openasia has rapidly developed into a diversified group of companies led by a strong sense of entrepreneurship. Driven by passion, creativity and generosity, the managers and staff have turned a small financial advisory firm into multi-facetted group serving the growing portion of Vietnamese searching for premium products and services. The Group now manages seven divisions employing more than 1,500 employees. Beside an evident flair for opportunities and growth, our success is based on a fine-tuned mix of Vietnamese and Western cultures combined with an opportunistic approach and a true respect of all employees.

DAVITEQ TECHNOLOGIES INC23 +84 28 6268 2523
info@daviteq.com

Daviteq Technologies Inc. – We are specialized in designing, developing and manufacturing Wireless Sensors (Sub-GHz, LoRaWAN, Sigfox, NB-IoT), IoT products, IoT solutions, and IoT cloud-based platform named Globiots, which can be applied for different vertical applications such as Smart Manufacturing, Smart City, Smart Agriculture, Smart Transportation,… Daviteq products are sold worldwide, to Australia and New Zealand, USA, France, Czech Republic, UAE, Arabia Saudi, South Africa, Singapore, Malaysia, Indonesia…

DDC - DAIDUNG METALLIC MANUFACTURE CONSTRUCTION & TRADE CORPORATION82 +84 28 3868 1689
marketing@daidung.vn

“Prestige – Quality – Reasonable price” Dai Dung Corporation was established in 1995. Over 20 years of consecutive & sustainable growth, in order to meet the demand & trust of our valued Clients, as well as the potential of economic & social development of VN & the world, we have established a system of modern manufacturing plants for steel fabrication and mechanical products serving in major segments including O&G, Energy, Heavy & Medium Industries, High Valued Infrastructures,.. for VN & export markets such as: Thermal Power Plants, Steel Mills, Oil Refinery/ Petrochemical Processing Plants, Airports, Steel High-rise Buidings, Supermarkets/ Malls, Foods/ Brewery/ Baverages/ Feed Processing Plants, Factories, Warehouses, Electricity/ Broadcasting Towers, Hot-dipped Galvanized Products,..

FICO-YTL CEMENT64 +84 276 3849 998
info@fico-ytl.com

Founded in 1955 in Malaysia, YTL is a multinational corporation operating throughout the value chain of the construction industry such as real estate development, infrastructure and telecommunications investment, and manufacturing of construction materials, etc. YTL Group has a market capitalization of about US $ 7.5 billion, serving more than 12 million global customers. FiCO Cement Joint Stock Company Tay Ninh (TAFiCO, now Fico-YTL) – a member of YTL Group – is now one of the leading cement companies in the South with a main factory located in Tay Ninh and a system of grinding stations in Ho Chi Minh City and Binh Duong. Fico-YTL Cement has a Mission to contribute to building a foundation for the future of a prosperous Vietnam. We pursue 6 sustainable development goals, on the principle of harmonizing the 3 pillars of Economy – Environment – Society. We have a Vision to become the leading cement company in Vietnam, with the highest rating for Prestige, People and Performance.

SODEX SPORT35 +84 258 3900 115
u003econtact@sodexsport.com

Sodex Sport is a french sports equipment manufacturer based in Vietnam. Founded in 1991 by Mr Bouvot in the town of Nha Trang. We design and manufacture high end equipment to international standards for use in competitions, but also to provide optimal training or leisure equipment with high safety standards.

HUU TOAN GROUP57 +84 1800 1757
hello@huutoan.com

Huu Toan is a leading generator Original Equipment Manufacturer based in Vietnam. We provide one stop-shop power solution in designing, manufacturing and servicing our power generation equipment. Our vision: Building trust for Vietnamese brand in the global market. Our mission: To cultivate customer trust by manufacturing world standards products, providing fast services and delivering “wow” customers experience.

CORSAIR MARINE45 +84 28 3873 3630
customerservice@corsairmarine.com

With its rich 30 year history as a world leader in high quality multihull manufacturing, Corsair Marine has produced over 3000 trimarans and catamarans sailing in all parts of the world. From competitive racing to family cruising; day sailing or longer expeditions, the models produced by Corsair Marine are built to the highest standard, perfect for demanding sailors in search of adventure.

PHONG PHU INTERNATIONAL JSC (PPJ)196 +84 873 056 886
info@ppj-international.com

Headquartered in Ho Chi Minh City, the company is one of the leading textile producers, garment manufacturers and exporters in Vietnam. The company was established to promote the vertical manufacturing of our denim, woven and knit fabric production into high quality apparel such as jeans, work pants, casual pants and knitwear for distribution to international markets.

RITA FOOD & DRINK CO., LTD44 +84 274 3784 788
marketing@rita.com.vn

Rita Food & Drink Co., Ltd. was incorporated in 2004 as a 100% Foreign owned Company and specializes in the production of Canned Drink such as Energy Drink, Corn Milk, Aloe Juice, Soya Milk, Fruit juice, Juice, Soft Drink, Coffee, Beer... RITA are Leading Beverage Manufacturers from VietNam. Our juice manufacturers , located in Song Than 2 Industrial Park with 30, 000 square meters, possesses the yearly producing capacity of 3,000,000 cartons of fruit juice drinks and other beverages. And also, We have build up a strong research and development team, who is continuously improving our manufacturing process, quality standards of our products. With the comprehensive understanding in various ranges of Vietnam products and long-time experience in import-export sector, with our enthusiastic, determined team, we are proud to say that we have been shipping many Order to the USA, Europe, India , Pacific Island, Hong Kong, China , Singapore, Malaysia, Korea, Japan, Africa , Australia…Our custome…

THANH PHU PLASTIC PACKAGING COMPANY21 +84 28 3756 0163
info@thanhphupack.com

Thanh Phu Plastic Packaging was established in 1992 with a staff of 20 members and is now a 600-member strong company with two state-of-the-art facilities located in Ho Chi Minh and Long An province, Vietnam. We are an integrated flexible packaging manufacturer with in-house extrusion, printing, lamination, slitting and bag-making capability. Since 2013, we have made a commitment to manufacturing fully recyclable packaging without sacrifice on performance and quality. Our vision towards zero waste is being realized by continuous investment on high-end recycling system for in-house PIR usage, rain water reclaim system, and the beginning of the solar generated power. In 2016, Veloflex™ by Thanh Phu was commercialized. It is a Certified fully recyclable mono-material PE film which performs favorably compared to traditional mixed material non-recyclable structures. All of the Veloflex™ structures, including our innovative registered matte coated varieties, are FDA compliant, Interseroh Cer…

TSG64 +84 24 7305 0506
info@tsg.net.vn

TSG Service & Trading Co., Ltd specializes in solution consulting, copyrighted software distribution as well as supply of hardware devices for Vietnam Information Technology (IT) market. Further information about TSG | Soft365: ~ TSG (Soft365) is a leading global IT service and solution provider in Vietnam. Our services include end-to-end technology solutions, software licensing, and services; ~ TSG had revenue of more than $5 million USD in 2016 with growth index more than 500% since the last 3 years; ~ Our key employees have rich experiences in IT market, especially for software licensing with strong sales, marketing, technical support in leading IT companies; ~ TSG builds long term partnership relations with clients, vendors and employees. We have partnerships with more than 100 software manufacturers and has highest partner status with all key vendors. We provide a unique marketing and sales channel for our vendors. SOFT365 is: - MICROSOFT Gold Partner (Competency Gold Volume L…

HOA LONG MECHANICAL (HLM)11 +84 90 189 06 89
contact@hoalongcorp.com

Hoa Long Mechanical Production Corporation is a manufacturer of high quality steel racks. We are expert in designing reliable and reliable solutions flexible for your repository. In our daily work, we believe we have can make a difference through our passion. Our team of engineers and project managers work together to create design, implementation and integration to ensure on time and quality products Hoa Long is a value-added innovation night for many customers optimum and best to enhance the competitive edge. ------------------- Kệ chứa hàng Hòa Long - #HLM Tư vấn giải pháp lưu trữ hàng hóa. Sản xuất và gia công kệ công nghiệp chất lượng cao Thiết kế kệ công nghiệp chuyên biệt cho từng ngành hàng. Lắp đặt, hướng dẫn vận hành và quản lý kho hàng. Bảo dưỡng, bảo trì, sửa chữa sản phẩm. Kệ công nghiệp Hòa Long.

FASHION GARMENTS - VIETNAM468 +84 251 8877 400
info@fashiongarments.com

Fashion Garments Co., Ltd (FGL) is one of the pioneering apparel exporters in Vietnam. Established in 1994 with 100% foreign investment, we now have 4 manufacturing facilities spread across the Dong Nai Province, one in Quang Nam Province and one in Dong Thap Province and more than 10,000 employees in total. In 2017, we produced and shipped 69.7 million garments to our valued customers. FGL is a subsidiary of the Hirdaramani Group (Sri Lanka) (http://www.hirdaramani.com) and LT Apparel (USA). However, we consider ourselves a Vietnamese company as 99% of our workforce is from the local marketplace. In addition to Vietnam, our group also has manufacturing operations in Sri Lanka, Bangladesh and Ethiopia with sourcing offices in China and Hong Kong. Beside the business and manufacturing activities, we aim to support the communities in which we operate by providing lucrative employment opportunities with a global scope and equipping our people with the tools to ascend to the highest le…

TAN DO REFRESHING WATER CO., LTD.27 +84 98 295 89 18
info@tandobeverage.com

Tan Do Beverage, founded in 1996, is one of the leading beverage manufacturers in Vietnam. Our mission is to serve customers both in Vietnam and worldwide with sustainable and highest quality products. With the advantage of cutting-edge technology, Tan Do promises to improve life standards for customers through nutritious product lines. Tan Do aspires to become one of the worlds most credible beverage manufacturers in the near future. Tan Do is also well-known for its customization of products (OEM) for customers around the world.

Top Fmcg Manufacturing Companies in Vietnam

Key Statistics from 2022

According to a report by Nielsen, the FMCG market in Vietnam saw a growth rate of 5.7% in the first quarter of 2022. The food and beverage sector, which accounts for the largest share of the market, grew by 5.3%. The personal care and home care sectors also showed significant growth, with growth rates of 8.2% and 7.3%, respectively. The industry employed over 6 million people, making it a significant contributor to the country's employment.

Factors Contributing to its Growth and Success

The Vietnamese government has been actively promoting the development of the FMCG industry through various initiatives. One such initiative is the approval of the revised Law on Investment and Law on Enterprises, which creates a more favorable environment for foreign investors to enter the market.

The government has also invested in infrastructure, including the construction of new highways and ports, which has facilitated the growth of the industry. In addition, the government has made efforts to improve the transparency and efficiency of the market, which has boosted investor confidence and attracted more foreign investment.

Industry Growth and Comparison to Previous Years

The FMCG industry in Vietnam has experienced significant growth over the past decade. In 2010, the industry recorded a value of $18.9 billion, while in 2022, it recorded a value of $71.6 billion, a nearly fourfold increase. The industry's growth rate has also been impressive, with an average annual growth rate of 15.7% between 2010 and 2022.

Key Trends

One of the key trends in the FMCG industry in Vietnam is the increasing adoption of e-commerce and digital marketing. With the increasing use of smartphones and the internet, consumers are becoming more inclined to shop online. This trend has encouraged FMCG companies to invest in digital marketing strategies, such as social media advertising and influencer marketing.

Another trend is the increasing focus on sustainability and environmental responsibility. FMCG companies are investing in more eco-friendly packaging, promoting sustainable practices such as waste reduction and recycling, and developing more sustainable products. This trend is being driven by increasing demand from consumers for more sustainable and environmentally responsible products.

Challenges

Despite its growth and success, the FMCG industry in Vietnam faces several challenges. One of the main challenges is the lack of infrastructure in certain areas, particularly in rural areas, which can make it difficult to distribute products effectively. The industry also faces increasing competition from other countries, particularly in the ASEAN region.

Future Outlook

The future outlook for the FMCG industry in Vietnam is positive, with continued growth expected in the coming years. The Vietnamese government has set a target of attracting $60 billion in foreign direct investment by 2030, which would require significant investment in infrastructure and talent development.

To achieve this goal, the government is focusing on promoting the development of the FMCG industry, investing in infrastructure, and enhancing public education and awareness. The government has also signed several free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), which are expected to boost the industry by increasing demand for FMCG products and investment opportunities.

The industry is also likely to benefit from the increasing adoption of new technologies, which will enable companies to improve efficiency and reduce costs. This includes the adoption of digital technologies such as e-commerce, supply chain management systems, and big data analytics.

The industry is also expected to continue its focus on sustainability and environmental responsibility, driven by increasing demand from consumers for more sustainable and environmentally responsible products. FMCG companies that can adapt to these changes and leverage new technologies are likely to succeed in the future.

Conclusion

The FMCG industry in Vietnam has become an important sector of the country's economy, with significant growth and potential for the future. The industry has benefited from favorable government policies, increasing foreign investment, and a growing middle class. However, the industry also faces several challenges, including the lack of infrastructure in certain areas and increasing competition from other countries.

The industry is expected to continue to grow in the future, driven by new technologies, increasing demand, and government initiatives. To remain competitive, FMCG companies will need to invest in research and development, promote innovation, and adopt sustainable practices. With the right strategies and investments, the FMCG industry in Vietnam can continue to thrive and contribute to the country's economic development.

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By Melissa Goh
Published on 31 May 2023