Major players in Essential Consumer Goods – Entering the Second Half of 2024 with many Advantages
• In H1-2024, the value of essential consumer goods across most key segments (dairy, food, beverages) declined YoY, indicating continued weak purchasing power. Consequently, YoY growth for major players like VNM and MCH has relied heavily on their ability to expand market share domestically and tap deeper into international markets.• In H2-2024, we believe these giants are well-positioned to sustain their prior YoY growth, driven by the broader economic recovery in consumer spending and the increased market share they secured in H1-2024.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
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