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TH Group sells dumplings, kimchi, tteokbokki, sausages under TH true FOOD

Vietnam’s TH Group has launched TH true FOOD including dumplings, kimchi, tteokbokki (rice cakes), sausages and bacon as convenient kitchen solutions to help busy homemakers.

The company employs state-of-the-art manufacturing capabilities at the TH Clean Processing Factory in Bac Ninh including using IQF to ensure the finished products can stay fresh longer without the use of preservatives.

The entry into the food segment expands the market and opens up new opportunities for TH to capture new markets.

Two new Cheetos snacks in Malaysia – Cheetos Puff and Cheetos Crunchy Flamin Hot

PepsiCo has launched two new Cheetos snacks in Malaysia. Now you can enjoy the new light and airy Cheetos Puffs as well as the the addictive crunch of the Cheetos Crunchy with the Flamin Hot flavour.

Buy now on Shopee.

CCEP-Aboitiz plan to buy Coca-Cola Beverages Philippines

Coca-Cola Europacific Partners (CCEP) and Aboitiz Equity Ventures Inc. have entered into a letter of intent with The Coca-Cola Company to purchase Coca-Cola Philippines in an acquisition worth USD 1.8 billion. Coca-Cola Beverages Philippines’ FY2022 revenue stood at around USD 1.7 billion with a PBT of USD 90 million. Upon the completion of the transaction, CCEP will hold a 60% stake, while Aboitiz will have the remaining 40%.

CCEP operates in 29 countries including Australia, New Zealand, Indonesia, Fiji and Papua New Guinea.

Coca-Cola Beverages Philippines’ volume by category: cola (42%), flavours, mixers and energy (35%) and hydration (23%). According to Nielsen, Coca-Cola Beverages Philippines has a sparkling value share of 69% in 2022 and 43% of non-alcoholic ready-to-drink (NARTD) value share.

The Philippines is the second largest market in Southeast Asia after Indonesia.

Anchor Cheddar Cheese now available in Indonesia

Fonterra has recently launched Keju Anchor Cheddar (Anchor Cheddar Cheese) in Indonesia. Anchor, known for its butter, is now available in cheese to provide consumers with another choice. The demand for cheese is growing in Indonesia as consumers increasingly use cheese in various food and drinks.

Anchor Cheddar Cheese is described as milky and creamy and is made from milk from grass-fed cows. The cheese is available in 150g packs.

Some FamilyMart stores in Thailand rebranded under Tops Daily

Central Retail, which owns the FamilyMart convenience store chain in Thailand, is rebranding some of the current FamilyMart stores into Tops Daily. However, iconic products like bento will still be sold. According to CRC’s latest data, the group operates 409 convenience stores in Thailand. Both Tops Daily and FamilyMart operate under the ‘proximity store’ concept with Tops Daily having a bigger outlet size.

It has been confirmed that FamilyMart is exiting the Thai market after its franchise agreement with local retailer Central Group ended in late May, as reported by Nikkei.

Nestlé Việt Nam has rebranded MILO MindVibe to MILO Dynamind, focusing on ‘nootropics’

Nestlé Việt Nam has rebranded MILO MindVibe under MILO Dynamind. The peppermint flavoured malt milk drink is designed for Gen Z in mind, providing them with mental energy, not just physical energy alone.

MILO Dynamind is formulated with taurine, green tea, zinc, B group vitamins to help young consumers stay awake and focused.

Nestlé has chosen to include ‘nootropics’ on the latest packaging of MILO Dynamind to educate consumers about nootropics, also known as cognitive enhancers, as well as the ingredients associated with nootropics.

Lotte Vietnam debuts Bouchee cake and Chocolate pie under the Lotte Chocolat brand

Image credit: Minimeinsights.com

Lotte Vietnam Co., Ltd. has launched Bouchee cake and Chocolate pie under the Lotte Chocolat brand. Lotte Chocolat is a combination of high quality chocolate, delicate soft cake and fluffy marshmallow in every bite.

Chocolate pie is manufactured at Lotte Vietnam’s latest factory in the southern province of Binh Duong, which is the second factory in Vietnam after the one currently producing Lotte Xylitol gum. The new factory will produce Bouchee cake and Chocolate pie under Lotte Chocolat brand.

Chin-Su launches Pho Story that combines the taste of Phở Thìn Bờ Hồ

Masan’s Chin-Su has collaborated with Phở Thìn Bờ Hồ, a famous restaurant in Hanoi established since 1955 by Mr Thin that serves the famous Vietnamese beef noodle. The new Pho Story is a pho instant noodle in a convenient format featuring the famous taste from Phở Thìn Bờ Hồ. Besides Vietnam, Masan is targeting Pho Story at the South Korean market.

New Chin-Su Shiitake Mushroom and Kombu Seaweed Seasoning Powder for Vietnam and Japan

Masan Group’s Chin-Su brand has recently released a new Shiitake Mushroom and Kombu Seaweed Seasoning Powder that draws its inspiration from Japanese seasoning. What is interesting about this product is that the front-of-pack packaging contains two facings, one featuring Japanese description and the other with the Vietnamese description. The use of Japanese characters helps reinforce the authentic Japanese taste.

Image credit: Minimeinsights.com

Moreover, the Chin-Su Shiitake Mushroom and Kombu Seaweed Seasoning Powder is also sold in Japan, which explains the need for the Japanese description.

Other products launched for both Japanese and Vietnamese markets are Chin-Su Soy Sauce, Fish Sauce, and Wasabi Chili Sauce. These products not only meet the strict standards set by Japan but also suit the tastes of the Japanese people. This would pave the way for Chin-Su to be exported to more markets around the world.

Masan Consumer is accelerating the pace of its “Go Global – Around the World” strategy with an aim to raise its revenue share from global markets from 4% to 15% by 2027. South Korea will be Chin-Su’s next major market after Japan.

 

 

 

Omachi goes with the trend with its self-heating meal

Omachi, the high-end instant noodle of Vietnam’s Masan Group, has launched its latest self-heating meal in Vietnam. The new product taps into the self-heating food trend that has become a massively big segment in neighboring China.

Omachi Lẩu Tự Sôi Bắp Bò Riêu Cua contains noodles, vegetables, spices, beef, and crab sauce. Just let it heat for 10 minutes before consuming.

Omachi’s self-heating meal is cheaper than the imported self-heating foods that have gained popularity in Vietnam. The company mentioned earlier that it planned to export self-heating meals to bring the taste of Vietnam to the world.

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