Vietnamese products gain market share in Asean countries

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The Star 1d ago

Vietnamese products gain market share in Asean countries - The Star

Quick Summary:

HANOI: Vietnamese products are gaining traction and increasing their market share in the Asean bloc, particularly in neighbouring countries such as Cambodia and Laos, according to businesses and a report by the Ministry of Industry and Trade (MoIT).

For instance, the company developed sugar palm wood chopsticks priced lower than competitors in Cambodia, enabling smooth market penetration.

At the start of 2025, Hoa Mai Co Ltd is ramping up production to meet new orders, including a significant kitchenware order worth over US$10,000, marking a promising step in strengthening its foothold in the Cambodian market.