US ice cream brand Baskin-Robbins has timed entrance into Vietnam carefully via a franchise with a local food company amid a snowballing economy and emerging middle class with a taste for luxuries, the company said.
Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.
Indonesia will more tightly supervise the sale of food products sold in and around schools in 2012, if a government agency-backed effort to reduce the impact of unhealthy snacks on the country's 50 million 6-18 year-olds is OK'd at senior level.
The Indian edible oil industry is banking on a slew of corrective measures in 2012 to revive its fortunes after the last year ended on a downhill thanks to changes in the Indonesian palm oil tax structure.
US farm management company, Stevia Corp, has signed an agreement with a Vietnamese research institute to strengthen knowledge of stevia cultivation and crop management to drive production in the country.