Food & Beverage

Vietnam Halaal Sector Promising

681x454HANOI: The halal food industry is the latest investment prospect that can grow rapidly in Vietnam following the increase in Muslim tourist arrivals especially from Malaysia.

Minister in the Prime Minister’s Department Datuk Seri Jamil Khir Baharom said the entrance of any Malaysian companies to invest in Vietnam was strongly supported by the country and this should become the stepping stone for halal industry pioneers to explore the investment opportunities here.

“I see there’s a lot of room in the halal industry that can be explored in Vietnam considering it has just started,” he said. “This is the best opportunity for any Malaysian companies in the halal industry to expand their business especially in the main towns in Vietnam.”

Vietnam is one of the contributors to the imports of raw materials such as coffee and rice to Malaysia and has a population of about 90 million.

Source: The Star

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