The data was updated by the World Instant Noodles Association (WINA) on May 11.
Compared with 2015, Vietnam's market has rebounded after falling from the peak of 5.2 billion noodle packages in 2013.
Vietnam's instant noodles consumption has declined over the last few years as annual average consumption continues to be high.
By 2015, it is estimated that each Vietnamese consumes 52 packs of noodle, just lower than that of South Korea (73 packs).
Many other countries also experience the lower demand of instant noodle, except India with a rise of 30% last year.
In Vietnam, Vina Acecook, Masan Consumer and Asia Foods are the three largest producers, accounting for 70% of the instant noodles market.
Tags:
Tags:
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.
Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.
