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Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?

Author

Listed:
  • Trung QUANG DINH

    (University of Akureyri, Iceland.)

  • Hilmar ?ór HILMARSSON

    (University of Akureyri, Iceland.)

Abstract

Vietnam is large food producer and exporter. Currently the country is a low middle income economy, but is striving to increase value added of its products and export more to high income countries. During this transition Vietnam can be a feasible market for producers of advanced processing solutions. This article analysis and assesses the seafood and livestock market in Vietnam. The conclusion is that there is an opportunity for advanced processing solution providers to sell processing solutions in both fisheries and livestock sectors. In the short run growth potential for these providers seem to be in fisheries sector while the medium or long term potential seems to be in the livestock sector.

Suggested Citation

  • Trung QUANG DINH & Hilmar ?ór HILMARSSON, 2013. "Managing Entry or Expansion: Is Vietnam a Feasible Market for Advanced Food Processing Solution Providers?," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(4), pages 567-584, October.
    • Handle: RePEc:rom:rmcimn:v:14:y:2013:i:4:p:567-584
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    References listed on IDEAS

    as
    1. Trung Quang DINH & Hilmar Þor HILMARSSON, 2012. "Private Sector Export to Emerging Market Economies During Times of Crisis: How Can Export Credit Agencies Help?," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 167-180, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Agriculture production and export; food processing; market entry; Vietnam.;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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