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Food Processing, Packaging Fair in Vietnam

By Samira Ha. on August 12, 2022

The international trade show for food processing, packing, held annually, is scheduled to open in Vietnam in August 11, 2022. ProPack Vietnam, which is the biggest fair in the field in Vietnam and Indochina, is a global venue for suppliers and manufacturers in the industries of food processing and food packaging to showcase their latest developments and promote their chance to have a better status in the market. Working on food and beverages processing and packaging, as well as printing and labeling, the prominent exhibition helps exhibitors display the most recent technology in the field.

ProPack Vietnam focuses on how diverse the visitors are, where they come from and their professional levels. Visitors in the industry join the trade fair from hotels, catering, restaurants, and those involved in food processing. the best thing about the show is that it is concurrent with the Vietfood & Beverage, yielding great results for food and beverage and packaging marketplaces. Attendees of the exhibition will be able to see food and drinks from raw materials, additives, and preservatives to production, processing, packaging and printing in one single event.

Attendees of the exhibition will be able to see food and drinks from raw materials, additives, and preservatives to production, processing, packaging and printing in one single event.

The 3-day long event will be held in Ho Chi Minh City from August 11-13, 2022. Public visitors along with the industry professionals can pay a visit. 

Organized by VINEXAD JSC along with the Vietnam Association of Liquor, Beer and Beverage (VBA) and the Food and Foodstuff Association of Ho Chi Minh City (FFA), both shows are supported by the Ministry of Industry and Trade of Vietnam, its Ministry of Agriculture and Rural Development, as well as other trade promotion organizations in Vietnam and foreign countries. 

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International Beauty Expo in Malaysia, August 2022

By Samira Ha. on August 9, 2022

International Beauty Expo (IBE) is held in Kuala Lumpur Convention Centre, Malaysia, from August 11 until 14, 2022. The trade fair is a global venue where local and global beauty buyers and sellers meet up to communicate and develop the industry. The fair has been in place since 14 years ago. IBE has drawn over 30,000 professionals in the field with 1,000 exhibitors from 28 countries. So, it is regarded the biggest platform for beauty trades in Southeast Asia region. At the fair, the latest developments in beauty products, services, machines and technology are displayed to visitors.

The most recent trends in all aspects of beauty including hair, nail, cosmetics, health and wellbeing are showcased. Organized by Elite Expo Sdn. Bhd. the exhibition brings together marketing heads, marketing executives, manufacturers, wholesalers, importers and exporters to promote business networks. The B2B marketplace for beauty products is estimated to be attended by 5,000 visitors with 500 exhibitors.

Malaysia’s largest beauty fair for professional visitors is held annually. Alongside the exhibit, there are performances with make-up artistry, nail artistry, and hairdressing. Beauty artists have a chance to display their craftsmanship.

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CanGift Fair Aug 7-10, 2022

By Samira Ha. on August 6, 2022

Gifts and crafts lover will find it exciting to attend the Toronto Gift + Home Market trade show. Craft Alliance will organize the show where Atlantic Canadian exhibitors find it easy to enhance their sales. The Toronto Gift + Home Market (formerly named the Toronto Gift Fair) is a wholesale exhibition which has been created by the Canadian Gift Association (CanGift). The trade show only serves professional buyers in the related retail industry. 

Among the things that are offered in the show are collectibles, home décor, homeware, gardening items, and bed and linen products.

The Canadian Gift Association (CanGift), active since 1976, has enabled its members to grow in the fast-evolving market, representing a large number of gifts from Canadian entrepreneurs (at a value of $10 billion). CanGift, devoted to positive change, has helped big and small businesses to grow and succeed.

Here in Toronto's trade-only market, which takes place twice a year, gifts and crafts manufacturers, suppliers, wholesalers, distributors and buyers get connected to develop giftware industry. It is regarded an effective venue for them to share talents and skills and increase competitiveness.

Through Toronto Gift + Home Market and Alberta Gift + Home Market, members of this innovative association are able to explore the latest trends, see the brands, communicate with their counterparts and develop their business. Shipping discounts, telecommunications, insurance and payment processing are among members benefits.

CanGift provides its visitors with unique marketing opportunities, promotion of skills, occupational events as well as products and services.

Held in Toronto Congress Center, Ontario, the giftware exhibition is open from August 7 to 10, 2022.

If interested in giftware, join the association to develop your business and sell your products. Throughout the year, retailers can find products by member companies.

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OECD Countries See Highest Inflation Since 1988

By Samira Ha. on August 4, 2022

Industrialized OECD countries have seen a rise in inflation, a 34-year record high, since June 1988. The most recent statistics reveal the annual inflation rate in Organization for Economic Co-operation and Development (OECD), measured by the consumer price index (CPI), jumped to 10.3% in June 2022, versus 9.7% a month earlier.

In England, consumer prices saw an average rise of 9.1% in the year to June, which has been the speediest rate in inflation in the Irish economy since the year 1984. The rate is also higher than 7.8% in the year to May. Food and energy are top things with the main inflation rates.  

In the OECD countries, food prices jumped to 13.3% in June 2022, from 12.6% a month earlier, which is the highest amount in food price since July 1975. Alike, energy inflation rate rose to 40.7% year over year in June 2022, which is larger than 35.4 a month earlier.

Year-over-year inflation rate, apart from food and energy, rose to 6.7% in the month of June, from 6.4% in May.

Double-digit inflation was listed for almost a third of OECD countries, the highest was recorded in Turkey (78.6%) with the lowest in Japan (2.4%).

Measured by the harmonized index of consumer prices (HICP), year-over-year headline inflation, in the eurozone, had a jump of 8.6% in June, from 8.1% in May 2022. Both food and energy prices saw high rises between the months of May and June 2022. Flash estimate for the eurozone in July by the Eurostat suggests a further rise in year-over-year inflation rate (8.9%). In the meantime, price inflation, without considering food and energy, jumped to 4% versus 3.7% June 2022.  

As shown by Refinitiv data, stock markets are now pricing with a more than 90% possibility of a huge 50 basis point rate rise in the meeting to be held on Thursday while the central bank tries to curb inflation from a point recorded in four decades.

Additionally, a survey conducted by Reuters from over 70% of 65 economists and analysts predicts a half-point rise from the Bank of England's Monetary Policy Committee (MPC) in the current week.

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