Staff at Hoang Lai Group process seafood products. Seafood was reported to have the highest demand for cold storage. — Photo courtesy of Hoang Lai Group Demand for cold storage is increasing due to the lower consumption of food during the COVID-19 pandemic. Food accounts for about 80 per cent of cold storage demand in Viet Nam, according to data. However, that figure is rising as the F&B industry suffers and food export orders are cancelled. From mid-March, the demand for cold storage has been rising in Ha Noi. According to Tan Bac Nam Cold Storage Firm, demand doubled last month. A representative from the firm said many restaurants had closed and needed to put their stocks in cold storage. Meanwhile, the owner of a 3,000-tonne cold storage facility in HCM City said his unit was full until the end of April so he could not receive any more goods despite the demand. Seafood was reported to have the highest demand for cold storage. According to the Viet Nam Association of Seafood Exporters and Producers (VASEP), 20 to 40 per cent of seafood exports orders had been delayed, while 20 to 30 per cent had been cancelled. VASEP General Secretary… Read full this story
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