On Vietnam National Day, Rita Food & Drink Co., Ltd reflects on 20+ years of growth and announces its holiday schedule: closed Sept 1–2, resume Sept 3, 2025.
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On Vietnam National Day, Rita Food & Drink Co., Ltd reflects on 20+ years of growth and announces its holiday schedule: closed Sept 1–2, resume Sept 3, 2025.
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Over the past decade, Vietnam has risen as a key player in global manufacturing and export. However, the intensification of the global trade war, especially between major economic powers, has created both opportunities and considerable challenges for the country.
Recently, the United States imposed a substantial 46% tariff on select Vietnamese exports, including food and beverage products. This move, driven by heightened concerns over trade balances and supply chain dependencies, placed Vietnamese companies under immense pressure. Increased costs, shrinking margins, and growing competition from alternative markets have forced businesses to rethink their strategies.
In this high-stakes environment, Rita Food & Drink Co.,Ltd, a leading beverage manufacturer, recognized the urgent need for proactive leadership and resilient strategies to navigate the storm.
CEO Lin Hong Wei’s Visit: A Critical Leadership Move
Recognizing the gravity of the situation, CEO Lin Hong Wei embarked on a pivotal visit to Vietnam. His mission was clear: to directly assess the market dynamics, engage with local teams and partners, and develop adaptive strategies that would not only safeguard Rita Food & Drink Co.,Ltd during these turbulent times but also position the company for sustained growth.
More than just a symbolic gesture, the visit of CEO Lin Hong Wei demonstrated decisive leadership, a hands-on management approach, and an unwavering commitment to supporting Rita’s operations in Vietnam.
The 46% U.S. tariff presents multifaceted challenges for companies like Rita:
For Rita Food & Drink Co.,Ltd, which had been steadily building its brand reputation in the United States, the new tariff landscape threatened to slow momentum and disrupt strategic plans. Immediate action was required to protect the brand’s foothold and maintain growth trajectories.
During high-level meetings held at Rita’s Vietnam headquarters, CEO Lin Hong Wei outlined a comprehensive and forward-looking action plan based on five key pillars:
1. Expanding into New Markets
Diversification is crucial. While the U.S. remains important, Rita Food & Drink Co.,Ltd is now actively targeting new export destinations:
By diversifying its market portfolio, Rita can minimize dependency on any single market and enhance overall resilience.
2. Innovating High-Value Products
Understanding that consumers worldwide are seeking healthier, higher-quality products, CEO Lin Hong Wei emphasized the need for product innovation:
Through continuous R&D investment, Rita Food & Drink Co.,Ltd aims to move up the value chain and better meet the evolving needs of global consumers.
3. Strengthening Operational Efficiency
Cost control without sacrificing quality is imperative. Rita is deploying multiple measures:
By achieving operational excellence, Rita can better absorb external shocks and maintain competitive pricing even under heightened tariff pressures.
4. Building a Stronger Global Brand
A resilient brand can withstand external disruptions. CEO Lin Hong Wei announced a major push to elevate Rita Food & Drink Co.,Ltd's international brand presence:
This multi-pronged branding approach aims to cement Rita’s reputation as a trusted name in premium beverages worldwide.
5. Preparing for Future Trade Volatility
Global trade dynamics remain unpredictable. Rita is preparing by:
CEO Lin Hong Wei emphasized that agility, preparedness, and foresight must become ingrained in the company's culture moving forward.
The presence of CEO Lin Hong Wei in Vietnam during such a critical juncture sends a clear message to employees, partners, and stakeholders alike: leadership is about action, not just words.
His proactive engagement:
Moreover, Lin Hong Wei’s hands-on approach sets a strong example of how leadership can directly influence operational resilience and strategic clarity in times of crisis.
While challenges remain, the future looks promising for Rita Food & Drink Co.,Ltd. By implementing the strategic initiatives outlined by CEO Lin Hong Wei, the company is better equipped to:
Instead of viewing the 46% U.S. tariff as a roadblock, Rita sees it as an inflection point—a catalyst for transformation, innovation, and global expansion.
In a world where trade wars and global uncertainties are the new normal, resilience is no longer optional—it is essential.
Thanks to the visionary leadership of CEO Lin Hong Wei and the collective effort of its dynamic team, Rita Food & Drink Co.,Ltd is charting a bold new course toward global success.
Through diversification, innovation, operational excellence, and brand strength, Rita is not just surviving the storm—it is preparing to soar beyond it.
Address: No. 8, Thong Nhat Boulevard, Song Than 2 Industrial Park, Di An Ward, Di An District, Binh Duong Province, Vietnam
Email: Jully@rita.com.vn Marketing@com.vn
Phone: 084.274.3784.788