Food Empire - DBS Research 2025-09-17: Winning Vietnam’s Instant Coffee Aisles

Food Empire: Vietnam Growth Story Is Just Beginning

Published:
Food Empire (SGX:F03) | SGinvestors.io
  • Vietnam growth story is just beginning – we recently had the opportunity to visit Food Empire (SGX:F03)’s manufacturing factory and retail outlets in Vietnam, and to engage with the local management team. This short note highlights our key takeaways from the visit.

Factory visit key takeaways

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  • targeted investments in automation.
  • Despite space constraints and rising demand, Food Empire has consistently improved operational efficiency. A key driver has been its culture of innovation, fostered through a Kaizen award programme that encourages employees to submit ideas for operational improvement. Viable suggestions are rewarded with meaningful cash prizes. According to management, this initiative has led to several process innovations, resulting in tangible efficiency gains.
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  • Our site visit confirmed that the packing line remains largely manual, indicating substantial potential for further automation.
  • Market visit key takeaways

    Ubiquitous presence in traditional trade channels.

    • Read more at SGinvestors.io.



    Above is an excerpt from a report by DBS Group Research.
    Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.



    Zheng Feng CHEE DBS Group Research | Andy SIM CFA DBS Group Research | https://www.dbs.com/insightsdirect/ 2025-09-17



    Read also DBS's most recent report:
    2026-03-02 Food Empire - Reinvesting Coffee Cost Savings To Stay Ahead.

    Previous report by DBS:
    2026-02-03 Food Empire - Compounding Into A Strategic Takeout Target.

    Price targets by 4 other brokers at Food Empire Target Prices.

    Listing of research reports at Food Empire Analyst Reports.

    Relevant links:
    Food Empire Share Price History,
    Food Empire Announcements,
    Food Empire Dividend Payout Dates & Corporate Actions,
    Food Empire News






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