Vietnam's pet care market emerges as lucrative investment opportunity
Hanoi, April 22 -- Ho Chi Minh City (VNA) - No longer a niche segment, Vietnam's pet care services ecosystem is emerging as a lucrative playground for investors, experts told a workshop run by Minh Vi Exhibition & Advertisement Services Company (VEAS) in Ho Chi Minh City on April 22. Diep Ngoc Truc, Chairwoman of the Vietnam Small Animal Veterinary Association, said the domestic pet industry is entering a phase of robust growth, marked by positive indicators and fast-changing consumer behaviour. By 2027, the country is expected to have around 16 million pets, opening the door for a wide range of related services. The pet food market alone is forecast to surpass 222 million USD by 2029, growing at a compound annual growth rate of about 9.4...
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