Kido Group enters spice market

December 25, 2023

HCMC – KIDO Group (HOSE: KDC) has entered the fish sauce and seasoning market with Tuong An brands from its affiliated company, TuongAn Vegetable Oil JSC. Tran Le Nguyen, vice chairman of KIDO Group, said that the spice sector is a crucial part of the company’s expansion into essential food production. According to Euromonitor International, Vietnam’s spice market was valued at VND35.7 trillion in 2022, with fish sauce dominating at VND15.2 trillion. The spice market is projected to reach VND40.8 trillion by 2026. The northern bourse saw 120 stocks gaining and 52 others dipping, and a trading volume of 53.6 million shares worth VND1.04 trillion.

The source of this news is from The Saigon Times