Category: Food

Retail News Asia is committed to providing both local and global retailers with the latest Food and Food & Beverage news throughout the Asian market. This on a daily base.

  • Ferrero launches Nutella bakery range in Australia

    Ferrero launches Nutella bakery range in Australia

    Ferrero has debuted its frozen bakery range, the Nutella Croissant and Nutella Muffin, which are now available to food service partners across Australia.

    The Nutella Croissant is a flaky, buttery pastry filled with Nutella chocolate hazelnut spread for breakfast or a sweet snack. The Nutella Muffin uses sourdough and yoghurt to create a soft texture and is filled with Nutella.

    The Nutella Bakery Range is frozen to maintain freshness, with the Nutella Muffin ready to consume after only two hours at room temperature and the Nutella croissant frozen right after rising and ready to bake straight from the freezer.

    “We are incredibly excited to introduce the Nutella Croissant and Nutella Muffin to the Australian market,” said Azzurra Puricelli, head of new business at Ferrero.

    “These products not only showcase the versatility of Nutella but also meet the growing demand for convenient, high-quality bakery items. We believe our new range will delight consumers and give our food service partners a delicious new way to serve Nutella.”

    The Nutella Croissant and Nutella Muffin are now available through Campbells Wholesale and PFD Foods.

    Ferrero Rocher launched two products for Christmas through retail chains with back limited-edition chocolates.

  • Nescafe USA launches coffee concentrate concept

    Nescafe USA launches coffee concentrate concept

    Nescafe USA has expanded its product range with the launch of its first-ever liquid coffee concentrate, Nescafe Espresso Concentrate.

    Made from 100 per cent Arabica beans, the coffee concentrate is available in two flavours: Black and Sweet Vanilla. It can be served over ice or mixed with milk or water.

    The Nescafe Espresso Concentrate was successfully launched last year in Australia and China.

    Felipe Acosta, the senior brand manager for Nescafe, said the new format is designed to provide consumers with an easier way to create cafe-style drinks at home.

    “While the tastes of Gen Z and millennial consumers are constantly evolving, the demand for cold, convenient, customisable, and cafe-quality coffee remains strong,” said Acosta.

    The company says two out of three youth globally regularly drink cold coffee drinks.

    “The brand’s first-ever liquid espresso empowers consumer creativity, allowing adventurous coffee lovers to make beverages in an instant – without the need for any extra machinery, all from the comfort of their own homes.”

    Nescafe Espresso Concentrate comes in a 300ml bottle – enough for about 20 cups of espresso when prepared as directed – and has an RRP of US$9.49.

  • Rice export prices drop to 4-year low

    Rice export prices drop to 4-year low

    Vietnam’s 5% broken rice price has fallen to US$434 per ton, the lowest in four years, posing challenges for businesses and farmers.

    The price of the country’s 5% broken rice is now lower than that of its major competitors such as Thailand ($479), India ($440), and Pakistan ($448) per ton, according to the Vietnam Food Association.

    Hoang, a rice farmer in Can Tho City, expressed concerns about the winter-spring rice crop, which will be harvested after Lunar New Year (Tet) that peaks on Jan 29.

    He worries that continued price declines could result in losses for his family due to high input costs.

    “The sharp fall in rice prices has made traders hesitant to sign new contracts with farmers,” Hoang said.

    “Last year, at this time, traders were placing high deposits continuously, but now, no one is asking to buy rice. Many traders have already started their Tet holiday early.”

    A leader of a rice exporting enterprise in An Giang revealed that his company is focusing on fulfilling previously signed contracts. New contracts for the first and second quarters of 2025 have been delayed.

    “Rice prices are fluctuating continuously, and enterprises are wary of potential losses if they buy rice at high prices,” he explained. “We are closely monitoring the market and actual demand to make reasonable purchasing decisions.”

    The sharp decline in Vietnam’s rice export prices is attributed to several factors, including major rice-importing countries adopting policies to reduce imports, avoid high-priced purchases, and, in some cases, even announcing plans to halt rice imports in 2025.

    A representative of the food association, said the Philippines and Indonesia, two of Vietnam’s key rice buyers, increased their imports in 2024 to secure short-term inventories for food security. As a result, they are currently not rushing to buy Vietnam’s rice and are waiting for prices to drop further.

    India’s recent decision to resume rice exports, coupled with its abundant supply and competitive pricing, has also significantly impacted the global market, including Vietnam.

    Reports revealed that the Philippines is negotiating a contract to import more rice from India.

    Private buyers in the Philippines often purchase Vietnamese rice with limited quantities because of financial balance, capital turnover or bank debt repayment, further cooling down the market.

    In the coming time, as the 2024–2025 winter-spring crop reaches its peak harvest, rice prices are expected to face further downward pressure.

    According to the U.S. Department of Agriculture, global rice supply is expected to increase significantly this year, with production projected to hit a record high of over 530 million tons, up 3.1 million tons from the previous forecast.

    The rise in supply is largely attributed to India lifting its ban on non-Basmati white rice exports and expecting to export 21–22 million tons of rice in 2025, an increase of 5 million tons compared to 2024.

    In addition to India, other countries such as Egypt, Guyana, Japan, and Venezuela are also contributing to the increased production. However, the Philippines stands out as an exception, with its output forecast to decline.

    To maintain and expand market share, rice-exporting countries will need to adopt flexible market access strategies, focus on improving product quality, and explore new markets.

  • Domino’s Pizza China crosses 1000-store milestone, eyes 300 more this year

    Domino’s Pizza China crosses 1000-store milestone, eyes 300 more this year

    Domino’s Pizza China (DPC Dash) plans to open about 300 new locations this year after its store count reached 1000 late last year.

    The company opened its 1000th store in Chengdu in November. As of December 31, it raised its network to 1008 and became Domino’s third-largest international market by store count.

    DPC Dash recorded 240 net new stores last year, meeting its annual target as part of the “Go Deeper, Go Broader” strategy. In 2025 and 2026, the chain plans to open approximately 300 and 350 new stores, respectively.

    Store performance was also encouraging, with same-store sales growth remaining positive in the fourth quarter. This also marked the 30th consecutive quarter of positive comparables since the current management took over in 2017.

    Loyalty program members reached 24.5 million and 11.7 million new customers were recorded last year.

    In terms of product innovation, the company said it had launched a series of new dishes and will introduce several more this year.

    Looking ahead, DPC Dash said it will continue to advance its expansion plans and improve operational efficiency for sustainable development. The firm also aims to provide consumers with higher-quality products and services and create long-term value for shareholders.

    DPC Dash is Domino’s Pizza’s exclusive master franchisee in Mainland China, Hong Kong, and Macau.

  • Growing demand for durian ignites culinary boom in China

    Growing demand for durian ignites culinary boom in China

    Durian-themed restaurants, ranging from buffets and hotpots to drinks and desserts, have been mushrooming in Chinese cities as the durian craze extends beyond just fresh fruit.

    The catering industry in China is jumping on the durian bandwagon, offering “everything + durian” promotions to cash in on the fruit’s growing popularity among young consumers.

    A restaurant in Shenzhen, China’s Guangdong Province, has gone viral with a buffet offering over 200 durian-inspired dishes, from porridge to pancakes and cakes, for 199 yuan (US$27.26) per person

    Su Yuru, a white-collar worker in Shenzhen, said durians are sweet and filling, making it difficult to eat 199 yuan’s worth. “But my friends and I are eager to try.”

    “I often buy a durian to share with my family on weekends, usually priced at about 150 yuan, and durian is also a regular at local companies’ afternoon teas and annual parties for their employees.”

    Topics related to durian-themed food, like “durian barbecue” and “durian buffet,” have racked up over 1.24 billion views on Douyin, as TikTok is known in China.

    Despite the middle class tightening their belts, their craving for durian has increased, extending beyond fresh fruit to include durian-infused food and beverages.

    Sales of durian-flavored cakes by Guangxi Xuan Ma Food, a producer of packaged snacks and baked goods, surged from 800,000 yuan in 2019, when they were launched, to over 10 million yuan in 2023.

    The fruit has even become a trendy addition to milk tea, a popular beverage in China.

    “Milk tea with durian pulp is our hottest-selling product,” Jariya Unthong, the Thai owner of a street stall selling Thai milk tea in Nanning, the capital of the Guangxi region.

    Hotpots and chicken soups featuring durian introduced by upscale restaurants in the region have also gained widespread popularity.

    To satisfy its growing appetite for the fruit, China, the world’s largest durian consumer, has been ramping up imports, mostly from a host of Southeast Asian suppliers.

    The market purchased 1.38 million tons of durians for $6.2 billion in the first nine months of 2024, up 11% in volume and a 5.6% rise in value from a year ago, which cited Chinese customs data.

    Of these, Thailand accounted for nearly 755,000 tons, or 54.7%, of the fruit worth $3.73 billion while Vietnam shipped 618,000 tons worth $2.45 billion.

    While Thailand pulled ahead, its figures marked year-on-year declines of 14.1% in volume and 13.3% in value, while Vietnam’s rose 72.2% in volume and 57.3% in value.

    To boost its competitiveness, Thailand’s Digital Economy Promotion Agency launched project One Tambon, One Digital in November that aims to enhance durian farmers’ productivity, strengthen consumer trust in Thai durians, and promote high-value products on a global scale, particularly amid competition from China and nearby nations.

    China also imports fresh durians from Malaysia and the Philippines, though in relatively small volumes. The Philippines supplied 6,260 tons in the first three quarters, while Malaysia shipped 215 tons valued at $3.65 million between June, when it received approval for fresh durian exports, and September.

    But even as current suppliers make efforts to boost durian shipments, the Chinese market still has plenty of room for growth as, according to a report by Beijing-based consultancy Guanyan Tianxia, less than one in 100 Chinese people has tasted durian.

    The untapped potential is drawing new players into the market, including Indonesia, which has been traditionally exporting the fruit as paste to China.

    The country is ramping up efforts to ship fresh durians to China, its coordinating minister for food affairs, Zulkifli Hasan, said last month.

    Laos, whose durian industry has only been gaining traction recently, is also vying for a share of the Chinese durian market, Nikkei Asia reported in late October.

    Bounchanh Kombounyasith, director general of the country’s Department of Agriculture, said market access documents were being prepared and Lao durians will soon be exported to China.

  • Pizza 4P’s launches in Indonesia

    Pizza 4P’s launches in Indonesia

    After entering Japan last year, Vietnam-based chain Pizza 4P’s has opened its first location in Indonesia, accelerating the brand’s international expansion.

    The store, located in Jakarta’s Mori Tower, features nature-friendly materials including handwoven water hyacinth wallpaper, indigo-dyed handwoven cotton cushions and terrazzo flooring embedded with seashells.

    According to Masuko Yosuke, Pizza 4Ps’ founder and CEO, the company also collaborates with a local Jakarta bakery to impart its culture of making sourdough dough.

    “Our Jakarta store is built around the theme of “Biodiversity”, honouring the rich natural diversity of Indonesia,” said Yosuke.

    “From the interior design to the menu, every aspect reflects this theme, aiming to create a space where you can feel the interconnectedness of all living things—a sense of Oneness.”

    Pizza 4P’s, headquartered in Ho Chi Minh City, was founded in 2011 by Japanese couple Yosuke and Sanae Masuko as a single restaurant selling wood-fired gourmet pizzas.

    The chain quickly established a cult following among expats and locals, and by the time Mekong Capital invested in 2018, it had expanded to eight locations.

  • Japanese restaurant chain Pepper Lunch to launch in Mongolia

    Japanese restaurant chain Pepper Lunch to launch in Mongolia

    Japanese restaurant chain Pepper Lunch plans to open its first store in Mongolia next year, as part of its global expansion strategy.

    The brand has signed a franchise deal with local distributor Bluemon Group, making Mongolia its 17th country.

    “We signed a master franchise agreement with our Mongolian franchise partner yesterday,” Yuto Tago, global CEO of Pepper Lunch wrote on his LinkedIn account.

    “I cannot wait to see the first restaurant opening next year!”

    Pepper Lunch is a DIY casual eating concept with more than 400 locations around Japan, Asia, and Australia. Founded by a trained chef, Kunio Ichinose, the restaurant focuses on premium steaks, pasta, and cheese curry rice.

    Pepper Food Service sold the Pepper Lunch franchise to J-Star Investment Fund for US$79 million in 2020.

  • Vietnam’s coconut industry eyes billion-dollar markets

    Vietnam’s coconut industry eyes billion-dollar markets

    Coconut has emerged as a key economic driver for the Mekong Delta and south-central coastal regions as it gains entry into billion-dollar markets such as the U.S. and China.

    According to the Ministry of Agriculture and Rural Development, Vietnam currently boasts over 200,000 hectares of coconut cultivation. Coconut is now one of the six key crops included in the national program for industrial crop development by 2030. From generating US$180 million in export revenue in 2010, coconut exports reached $900 million in 2023, and the sector is expected to surpass the billion-dollar mark in 2024. With this trajectory, the ministry aims to enhance the scale and quality of the coconut industry for further global expansion.

    On the global map of coconut production and exports, Vietnam ranks sixth among the top ten coconut-producing countries, with an annual output of nearly 2 million tons. The country’s coconut quality and yield place it among the global leaders, with coconut meat making up 35% and coconut water 27%, both surpassing the global average by 5%. Dr. Tran Thi My Hanh, from the Southern Horticultural Research Institute (SOFRI), highlighted these exceptional figures.

    In terms of coconut cultivation, the Mekong Delta province of Ben Tre is the largest producer, with over 80,000 hectares dedicated to the crop. Huynh Quang Duc, Deputy Director of the Ben Tre Department of Agriculture and Rural Development, noted that the province is the coconut capital of the nation, accounting for 42% of Vietnam’s total coconut area. Coconut farming is a vital source of income for over 200,000 rural households in the province. In recent years, many farmers have switched from less profitable rice farming to coconut cultivation, boosting incomes and providing a sustainable livelihood. Ben Tre’s coconut products are expected to generate $500 million in export revenue in 2024, contributing over 50% of the nation’s total coconut export value.

    The Chinese market is seen as a significant opportunity for Vietnamese coconuts. China, with its large population, has a high demand for coconut-based products, including fresh coconuts, coconut water, coconut oil, and processed coconut products. With its proximity to Vietnam, the country enjoys a competitive advantage in shipping costs compared to Southeast Asian and African competitors. Additionally, free trade agreements between ASEAN and China have facilitated easier access to this lucrative market. Vietnam’s large coconut production capacity, particularly from Ben Tre and the Mekong Delta, ensures a stable supply for China.

    It is estimated that China consumes around 4 billion coconuts annually, with approximately 2.6 billion being fresh. Despite the high demand, China’s domestic production is insufficient, presenting an opportunity for Vietnam’s coconut exports to fill this gap.

    Maximizing the value of coconut

    While the Vietnamese coconut sector has several advantages, experts in the coconut processing industry warn that strict management of production and exports is crucial to sustaining growth. Nguyen Phong Phu, technical director of Vina T&T Group, emphasized that the approval of Vietnam’s fresh coconut exports to China has opened up significant economic opportunities. However, to maintain this success, both government authorities and producers must work together to manage production standards and combat fraudulent practices. The government must implement digital systems for managing export regions and enforce strict penalties against fraudulent activities to protect the reputation of Vietnamese coconut products.

    Coconuts offer high economic value not only through the export of fresh fruits to markets like the US, Australia, and China, but also through by-products such as coir, activated carbon, and coconut-based handicrafts. Nguyen Thi Kim Thanh, chairwoman of the Vietnam Coconut Association, pointed out that of the 200,000 hectares of coconut plantations across the country, 120,000 are dedicated to the processing industry. To increase coconut value, Vietnam must invest in quality coconut varieties while also focusing on maintaining a strong processing industry.

    Currently, Vietnam is emerging as a supplier of raw coconut materials to global processing markets. However, infrastructure improvements are needed in rural coconut-growing areas to reduce intermediaries and shorten the supply chain. This would allow farmers to access the market more directly, enhancing their income and creating incentives to continue growing coconuts.

  • Durian exports surge by 44% to $3.1B

    Durian exports surge by 44% to $3.1B

    Durian exports in the first 11 months of this year fetched US$3.1 billion, 44% up from a year earlier, customs data shows.

    China was the biggest market, accounting for $2.8 billion, or 90% of all exports, a 43% year-on-year increase.

    Thailand followed with $177 million, up 82%, while Hong Kong and Japan stepped up purchases by 16% and 85%. Shipments to Cambodia rose by 139 times to $3 million.

    Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said 2024 has been a bumper year for exports, especially of durian.

    The association estimated fruit and vegetable exports would hit $7.1 billion for the year, up 27% from 2023, with durian accounting for half the value.

    Durian exports are expected to rise next year as Vietnam begins to ship durian pulp and puree to China.

    These products will bring more value than fresh durian, helping farmers make use of fruits that meet quality standards but are misshapen.

    Vietnam has around 154,000 hectares under durian and produces 1.2 million tons of the fruit annually.

    Exports of other fruits such as banana, jackfruit, mango, and coconut have also seen year-on-year increases of 20-400% in the first 11 months.

  • Nestle launches protein shots for US weight-loss drug users

    Nestle launches protein shots for US weight-loss drug users

    Nestle is launching protein shots in the United States which it says help suppress appetite for people looking to shed pounds, the latest effort by the world’s biggest packaged food maker to tap the booming market for weight-loss products.

    The manufacturer of Kit Kat chocolate bars and Nesquik shakes says its drink sparks a natural reaction in the body which is similar to, but far less powerful than, highly in-demand drugs for weight loss like Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound.

    The weekly weight-loss injections mimic an intestinal hormone called GLP-1 and curb people’s appetite, promoting a feeling of fullness.

    The shake, called Boost Pre-Meal Hunger Support, is to be consumed up to 30 minutes before a meal and is aimed at people taking GLP-1 drugs or other weight-loss medications. The roll-out started last month.

    “You get an increase in natural GLP-1 which helps in controlling the feeling of hunger. So this dose has a significant effect on satiety,” Stefan Palzer, chief technology officer at Nestle, told Reuters.

    The shots, sold for US$10.99 for a pack of four on Amazon.com and at some CVS stores, contain 10 grams of whey protein, 45 calories, 1 gram of sugar, and are fat-free. They are advertised as promoting a “Natural GLP-1 response to a meal.”

    Palzer said they could also help people maintain their reduced weight.

    Lora Heisler, chair in human nutrition and director of research at the Rowett Institute, said it was unclear if the shot could make a real long-term difference for people trying to lose weight.

    “I believe that this protein shot can help release a bit more GLP-1, but you can also possibly have a similar sort of release with a glass of milk,” she said.

    Earlier this year, Nestle started selling a new, $5 line of frozen pizzas and protein-enriched pastas in the United States designed for people taking weight-loss drugs.

    Analysts estimate the obesity drug market could be worth as much as $150 billion per year globally within a decade.

    When US retail giant Walmart said last year it saw a slight pullback in food consumption when people took the medication, it sparked a selloff in shares of companies including Nestle.

    The shot, whose formula Nestle has patented, is not intended to replace weight loss drugs and is less powerful than them, Palzer said.

    Nestle says the product is based on a mix of peptides which are digested quickly, giving the consumer an amino acid spike that then controls hunger.

    Whey protein micro-gels help people digest more slowly, meaning they interact much longer with receptors in the intestine that are releasing the GLP-1 hormone.

    In 2021, Nestle said 26 people with type-2 diabetes participated in a randomised study, consuming either a low-dose whey protein microgel or a placebo of water, followed by a meal designed to produce an adequate spike in glucose.

    One week into the study, participants who had been taking the whey protein were given the placebo, and those who had been taking the placebo were given the whey protein.

    Results showed that during the two hours after the meal, glucose levels were reduced by 22 percent in the whey-protein group compared with the placebo group. There was also a positive effect on the hormone GLP-1.

  • Shrimp exports expected to hit $4B in 2024

    Shrimp exports expected to hit $4B in 2024

    With double-digit growth in key markets, Vietnam’s shrimp exports are projected to rake in $4 billion in 2024, according to insiders.

    While this figure is lower than the record of $4.3 billion achieved in 2022, it marks a strong recovery compared to 2023, when shrimp exports totalled only $3.4 billion. This recovery highlights the resilience of the shrimp industry as it continues to regain momentum.Vietnam’s shrimp exports showed impressive growth in the first 11 months of 2024, reaching nearly $3.6 billion, a 22% increase compared to the same period last year.

    According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the shrimp sector is performing well in several key markets. Exports to both US and European Union have shown consistent growth, while China’s recent policies to stimulate domestic consumption could further drive demand for Vietnamese shrimp.

    Along with an uptrend in shrimp export prices, the processed shrimp sector is growing rapidly, marking a shift towards higher value-added products.

    However, experts held that the Vietnamese shrimp industry faces significant challenges that need to be addressed to ensure sustainable growth.

    Tran Dinh Luan, Director of the Fisheries Department under the Ministry of Agriculture and Rural Development, stressed that, to compete on the international market, Vietnam must improve shrimp quality and reduce production costs. Key issues include enhancing the quality of shrimplets, managing breeding cycles, controlling diseases, lowering production costs, and accurately forecasting the consumption patterns of importing markets. Addressing these challenges is vital to improving the shrimp value chain and boosting farmers’ incomes.

    Meanwhile, diseases on shrimps are considered a threat to the production and quality of shrimp products, he said.

    Phan Thanh Lam at the Research Institute for Aquaculture No. 2 noted that upgrading the shrimp industry’s value chain is a significant challenge, noting the industry’s poor linkages between production and consumption, and small scale of the majority of shrimp producers.

    Tran Ngoc Hai at the Can Tho University highlighted the importance of adopting high-tech, environmentally friendly shrimp farming practices that are resilient to climate change. The industry must also focus on meeting international standards and linking production across the value chain to better serve market demands.

    Despite environmental, disease, and production challenges, Luan highlighted that Vietnamese shrimp businesses have introduced many innovative solutions, such as applying new technologies and improving infrastructure. These efforts are helping to reduce emissions, extend the value

  • Vietnam becomes top banana supplier to China

    Vietnam becomes top banana supplier to China

    Vietnam has surpassed the Philippines to become the largest banana supplier to China with a 40.7% market share in the first eight months.

    China increased its imports from Vietnam by 19.6%, according to data from its customs department, while cutting its imports from the Philippines by 39.2%. Unfavorable weather and diseases reduced the Philippines’ banana output this year and pushed up prices, according to its Ministry of Industry and Trade.

    This allowed Vietnamese exporters to claim a bigger share.

    Aeon supermarkets in China earlier this year began selling only Vietnamese bananas and stopped stocking imports from the Philippines and Taiwan.

    Some other retailers have also followed suit.

    Exporters say Vietnamese bananas have reliable quality and quantity and competitive prices, with the country’s proximity to China helping reduce logistics costs.

    Vietnamese companies have been trying to meet China’s strict quarantine standards, resulting in higher exports.

    But there are also challenges in selling in China.

    Vo Quan Huy, CEO of agriculture export firm Huy Long An, said banana prices there sometimes fluctuate hugely, with local produce flooding the market during harvest season and sending prices tumbling.

  • Chinese kiwi prices in Vietnam start at $0.8/kg

    Chinese kiwi prices in Vietnam start at $0.8/kg

    Chinese green kiwi is being sold at VND20,000 (US$0.79) per kilogram onwards by wholesalers in Vietnam, a third of the prices of imports from Australia and New Zealand.

    Australian and New Zealand wholesale prices start at VND60,000 and go up to VND120,000. But the VND20,000 price is unusually low for a fruit considered an upmarket item in Vietnam.

    Thanh Hoa, a fruit wholesaler in HCMC, said these are the lowest prices in years. “I import thousands of boxes at a time to get the best prices.”

    Retailers are selling the fruit at VND50,000-80,000 per kilogram. In China, green kiwi is primarily grown in provinces with a temperate climate such as Sichuan, Shaanxi and Henan.

    Thanks to advanced breeding technologies and large scale of production, China is able to produce large quantities of the fruit and maintain low prices.

    Vietnamese importers say Chinese kiwi is able to enter Vietnam at current rates because logistic costs have been optimized.

    Dang Phuc Nguyen, general secretary of the Vietnam Fruits & Vegetables Association, said China has acquired kiwi varieties from other countries and breeds them with low labor costs.

    Vietnam’s imports of Chinese agriculture produce in the first 10 months were worth $800 million, a 24% increase year-on-year, according to the customs department. The main fruits it imported were apple, grape, persimmon, and kiwi.

  • Former Starbucks Vietnam head becomes Phuc Long beverage chain CEO

    Former Starbucks Vietnam head becomes Phuc Long beverage chain CEO

    Patricia Marques, formerly the chief of Starbucks Vietnam for over 11 years, has been named the CEO of beverage chain operator Phuc Long Heritage.

    Marques has made an appearance at of Phuc Long’s recent events, and is introduced on the website of Masan Group, the parent company of Phuc Long Heritage, as “a seasoned food and beverage executive with a proven track record of success in the Vietnamese market.”

    Prior to joining Phuc Long, she served as general manager of Starbucks Vietnam, where she oversaw all aspects of the business and maintained a close relationship with its partner, Maxims HK.

    Before that she had spearheaded the establishment of international operations for companies such as Saks Fifth Avenue, Panera Bread and Highlands Coffee.

    Marques has lived in Vietnam for the past 14 years and considers HCMC her home, according to Masan.

    “We believe that Patricia will write the next chapter for Phuc Long Heritage and build a tea brand to represent Vietnamese culture.”

    Phuc Long has 176 stores nationwide. In the third quarter its net revenues rose nearly 13% year-on-year to VND425 billion (US$16.75 million).

  • Singapore McDonald’s faces backlash over new extra sauce charge starting 2025

    Singapore McDonald’s faces backlash over new extra sauce charge starting 2025

    Singapore McDonald’s has faced online criticism after announcing a new charge for extra sauce tubs, set to take effect on Jan. 2, 2025.

    Customers will be charged up to 70 S$cents (US$0.52) for additional sauces beyond the standard portion for certain menu items.

    “What a horrid start to 2025,” said a commenter. “Outrageous,” said another.

    McDonald’s explained on its website that the “nominal charge” is meant to manage food waste and rising food costs

    While ketchup and garlic chilli sauce will remain free, additional charges will apply to other sauces. For example, sauces for Chicken McNuggets (barbecue, curry, honey mustard), hotcakes syrup, and whipped butter pads will cost 50 S$ cents per tub. Japanese roasted sesame dressing will be priced at 70 S$ cents per packet.

    This change follows a similar policy from 2012, when McDonald’s began charging 30 S$cents for extra sauce with nugget meals.