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TEAM PROJECT WRITTEN REPORT
1
TABLE OF CONTENTS
INTRODUCTION................................................................. 4
CONCLUSION.................................................................... 27
REFERENCES .................................................................... 28
APPENDICES ..................................................................... 31
2
EXECUTIVE SUMMARY
animal protein across the value chain to individuals and families in Vietnam by implementing
European technology supported by the number one leading company related to meat
processing. This report aims to provide an in-depth analysis of the current situation of Masan's
MEATlife as well as its marketing strategy within the potential developing market of Vietnam.
Through the application of many theoretical models such as SWOT, STDP and Marketing mix,
this report will deliver a comprehensive viewpoint on how the marketing process of Masan
3
INTRODUCTION
Company description:
Company") was established on October 7, 2011, under the name Hoa Kim Ngan Company
Limited.
In 2017, Masan MEATLife developed a 3F integrated model by putting into operation a high-
tech pig factory in Nghe An and starting a meat processing system in Ha Nam. In 2018, MML
successfully launched the MEATDeli meat product – a cool meat product introduced for the
first time in Vietnam. At the same time, this marks MML as completing the 3F integrated meat
value chain, and this is a critical factor in managing the product to the end consumer and marks
MML as a product supplier branded meat. In the current period, with the ultimate goal of
providing consumers with traceable, quality and affordable meat products for consumers, pigs
are raised at Masan MEATLife's farm or from suppliers according to strict disease control
standards, ensuring biosecurity with high-quality animal feed that is completely free of growth
4
Product description:
Masan MEATlife offers a variety of products processed and packaged through the 3F European
model. The classification of the products includes all types of edible fresh chilled porks such
as lean, jaw, ribs... and the processed pork such as sausages, boneless pork... With the aim of
becoming the number one brand in terms of supplying animal protein, these products would
The packaging is a fascinating part, where raw pork's colours are white and pink-red; therefore,
using a black box with a transparent cap is an absolute choice to highlight the quality of the
pork and start the avidity among customers. Despite being a high-quality product, the pork sold
at retailers has a 15% higher price than the regular market price, which leads to its small market
share, nearly 10% in the 10 billion Vietnam dong market worth. Up to 2022, Masan Meatdeli
will be reaching over 10% market share, according to many recent research on how the
growing young population has begun to be alerted about their health regardless of their
financial ability.
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EXTERNAL ENVIRONMENT ANALYSIS
Consumers:
Consuming fresh, hygienic food has been the prevailing criterion in Vietnamese consumers'
meals, especially citizens. Furthermore, since the young population has been rising
concomitantly with their income level, consumers' consciousness about the quality of the food
they eat has leveraged. However, the origin of the meat in Vietnam is still a concern, and that
has been weaved in every Vietnamese meal. Knowing that value from customers, Masan
established Masan Meatlife with a mission to bring the cleanest, safest with the standard of
hygiene but still tasty to consumers all over Vietnam. Masan Meatlife has produced their Meat
Deli chilled meat with a 3F model to serve their customers aiming at homemakers, citizens
with above-average income, and people concerned about hygienic and food safety. These
customers - especially housewives - have strict criteria about the meat they consume but can
still have stable purchase power for types of meat with a 15% higher price than usual. Masan
Meatlife has guided their plan toward consumers' behaviour as their customers are likely to
pay freely on the food they choose but are still aware of the origin of the food because ¾ of
Vietnamese read the information description about the food before purchasing. Although
Masan Meatlife's main goal is to make retail sales aiming at individual and household
consumers, the corporate also does wholesales with others from large-scale businesses to small
and medium-sized enterprises. Masan Meatlife provides a meat supply for businesses such as
Vinschool to cook the meal as well as Manh Dac Kim rice noodles to make the spring rolls
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Competitors:
The chilled meat market in Viet Nam is assessed up to 18 billion dollars in 2020, and Masan
Meatlife registers 13% within two years being launched. The main competitors of MML are
companies that apply the same model and technique. These companies use the 3F model (Feed
- Farm - Food), which has the slogan: "from farm to table" and produces approximately the
same quality of chilled meat. However, CP Foods and G kitchen of GreenFeed have launched
many retail stores with their brand name and applied to franchise, therefore directly aiming to
the same pools of consumers as MML did. For example, CP Food invested in many stores to
allocate their meat products such as CP Shop, Fresh Mart, CP Pork Shop; G Kitchen also has
their product at over 30.000 retail stores such as supermarkets, grocery stores, and 30 G
7
Besides that, Masan Meatlife has its website to serve online customers, but CP Food
and G kitchen have also launched their online websites like CP Porkchop and G Kitchen.com
to compete in this new-aged market. Therefore, having the same model, applying the same
method, distribution, and aiming the same type of customers at a competitive price, Masan
Meatlife must pay attention to their competitors considerably. However, one advantage of
Masan Meatlife is that they have a competitive price that is cheaper than other brands, 10-30%
of each product provides in-depth value and services to customers through knowing and
solving their concerns. For example, 350 grams of pork shoulder blade of MEATDeli only
goes for 50,970 VND whether at G kitchen is 58,910 VND, a 15% higher price.
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SWOT ANALYSIS
STRENGTHS:
technology to gain an advantage in the market. [Oxy Fresh 9 technology from Europe;
The first high-tech pig farm in Vietnam meets the Global GAP standard ( a Trademark
and Set of Standards for Good Agricultural Practices ); the closed pig farming
• High-qualified suppliers: Their pig farms and factories have an industrial complex
equipped with modern equipment lines provided by Marel - the world-leading company
• Online platform development: MEATDeli has developed its online shops since the
beginning of its first days. Due to the pandemic, consumers will shop online more than
WEAKNESSES:
• 15% higher price than the traditional meat (VnExpress, 2018) → This impacts
MEATDeli's ability to attract customers since customers in the Vietnam market still
• The unstable price due to various infrastructure, logistics, equipment, etc... ( It can
confuse customers due to the variable price range of the same product in different
stores).
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OPPORTUNITIES:
• Covid 19 is one of the opportunities for Meat deli to further enhance and take advantage
• Another opportunity is that MEATDeli can develop additional stores in the market in
the future because meat is one of the compulsory food categories that requires quality
• They may invest in growing other types of meat, since their current technology could
THREATS:
• Vietnamese people tend to consume the imported meat instead of the domestic one.
The imported meat is witnessing a price decline and is much lower than domestic meat.
• The emergence of other big competitors in the same field such as GreenFeed,
Vissan, CP Vietnam, Hoa Phat, Vilico, Mitraco... (Thuy, 2020) is also a big threat.
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STDP ANALYSIS
Segmentation
MEATDeli market is classified according to the following four segmentation criteria:
Targeting
directly take care of the daily meal for the family and are the
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1. For individual customers: Besides housewives, the company aims to unmarried young people
who have a stable income, care for their own health, and attach importance to fresh and clean
daily meals. These subjects can be students and employers living in good condition.
Differentiation
Regarding chilled meat technology, Masan MEATLife is the pioneer. Meat Deli chilled pork
products born from this complex is a turning point in the Vietnamese meat industry.In Masan
pigs processing line, the feed for the pigs is antibiotic-free, the pigs are controlled safely from
disease and using European technology to produce excellent quality meat products, really
fresh. In other words, Masan MEATLife is creating a time gap compared to other rival
businesses.
In 2018, the Feed – Farm – Food (3F) concept was finalized. In 2015, it took its first step into
the feed sector by acquiring two local animal feed businesses and launching the BIO-ZEEM
brand. MML began construction on its pig farm in Nghe An province in late 2016, with a
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capacity of 230,000-250,000 porkers and the highest bio-security model farm. MML also
began construction of its disease-free chilled slaughterhouse in Ha Nam province in the same
year, the largest local large-scale slaughterhouse. MML's 3F meat value chain was formally
constituted in December 2018 when the company began marketing meat products.
Positioning
1. Positioning map
The map below is based on two attributes: price in the market and various product types. As
shown, MEATDeli has to compete with many rival businesses such as Vissan, CP, Green
feed or traditional market. However, MEATDeli mainly focuses on the quality of chilled
meat. Therefore, this brand does not have a variety of product types. In contrast, other brands
have many products, such as meat, canned tuna or sausage, and MEATDeli's products have a
higher price than other competitors. However, this price seems to be reasonable when
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2. Positioning statement
"Masan MEATLife ("MML") is Vietnam's largest local feed-farm-food (3F) platform with an
integrated supply chain to ensure traceable and hygienic branded meat products at affordable
price points. From its origin as a leading animal feed company, where today its "Bio-Zeem"
feed brand is a market leader known for its productivity, MML has since transformed into a
branded consumer meat business, being the first in Vietnam to launch chilled meat products
using European processing technology and standards under the "MEATDeli" brand. Masan
MsEATLife's objective is to provide Vietnamese consumers with delicious, safe and affordable
Meat Deli's target customers are mainly individuals and households with frequent demand for
pork. Next are establishments that produce processed foods from clean pork. In addition,
customers can also be businesses that cook for employees or organize events that use pork
food… These target customers look for pork that ensures food hygiene and safety at a
reasonable price.
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MARKETING MIX ANALYSIS
Product
1. Main product
The main product of MEATDeli is pork, which is the most-consumed kind of meat in Vietnam.
MEATDeli has divided pigs into different parts so that the customer can easily choose the ones
which they need. Moreover, MEATDeli also provides processed products such as brawn and
• Health: Customers can enjoy their dishes cooked with MEATDeli's pork without
concerns about safety and freshness as MEATDeli has warranted that their products be
tested through 3 stages before importing and using the cutting-edge technology to
process.
• Satisfaction: Housewives prefer MEATDeli products because they are easy to process
3. Actual product:
- Brand name
Officially launched in December 2018, it costs MEATDeli only one year to become one
of Vietnam's ten most trusted products (in Announcement & Honoring Ceremony of 100
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- Features:
• With Oxy Fresh 9 technology from Europe, MEATDeli guarantees that only safe and
• MEATDeli's products can be preserved longer than normal, up to nine days, due to the
• MEATDeli has a large variety of processed products made out of pigs such as lean, jaw,
ribs, ...
- Quality Level:
• Because of the secured production chain, a qualified supplier, the most modern
products.
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- Packaging:
• MEATDeli products have a transparent packaging style which would help customers to
correctly evaluate the products' quality. Moreover, the boxes that contained
MEATDeli's products are coloured black so that they can highlight the freshness and
4. Augmented product:
Delivery service:
• Customers can order MEATDeli's products online, which will be sent in 1-2 working
days, and consumers will have to pay by credit card. Moreover, there will be a small
extra charge for delivery from 20.000VND to 30.000VND due to the pandemic.
After-sale service:
which is attached to every product sold. Every MEATDeli product has a QR code or
there will be an access code on the package (Each product has its own QR code and
access code). Customers can either scan the QR code with their phones or fill in the
access code to MEATDeli's website to trace down the product's origin. MEATDeli
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5. Product life cycle
promotion
At this stage, sales start to proliferate, and thanks to the support of this pandemic, sales are
continuing to grow. Persuasive advertising is now everywhere on TV and social media. New
competitors are entering the market and try to apply the same technology. Additionally,
MEATDeli earned significant revenue from the meat and farm segment. MEATDeli branded
cool meat products was 5.65 times higher than in 2019, bringing in a revenue of VND 2,378
billion.
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Price
1. Pricing strategy
MEATDeli pursues the exceptional values that its customers will have when paying for,
includes wellness due to meat's safekeeping, quality value due to their gratification of the
standards of the products and less effort needed since MEATDeli products have been carefully
processed, so the customers can use right away after a simple step of cooking the product, in
other words, it employs value-based pricing (while cost-based pricing uses manufacturing or
Although it offers a bit higher prices than the other brands', it focuses on the values that its
customers can benefit from as their prices originate from wellness, freshness, and safety; this
also means that it applies good-value pricing. This is demonstrated in their story of cool and
clean meat and its launching time when people were apprehensive about the origination and
safekeeping.
In detail, MEATDeli products range from about 7.000 VND for 100 grams of pig bone to
approximately 42.000 VND for 100 grams of lean pork belly. Besides, there are instant
products like ham or pork rolls that cost roughly around 60.000 VND to 130.000 VND. Not to
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2. Market
This market category consists of countless suppliers, which provide a similar type of goods,
and consumers and products of each supplier are dissimilar. These products are highly
interchangeable but not perfect substitutes. In other words, there is cross-price elasticity of
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Place
1. Distribution
Co.op Mart, Big C, Bee Mart, T Mart), convenience stores (Vinmart+, Co.op Food), and
business partners are Vingroup Corporation's grocery chains and supermarkets (Vinmart,
Vinmart+).
It has delivered approximately 37% of its products to these supermarkets and businesses, and
many customers desire to buy food from them. Furthermore, MEATDeli has distributed 21%
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of its total supply to Co.op Corporation (Co.op Mart, Co.op Food). This Corporation is
trustworthy with prestige and quality in testing imported goods and providing them, especially
12/2019, and it has also apportioned 10% of its products to Big C. On the other hand,
MEATDeli has also distributed approximately 32% of its products to the agents without any
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2. Coverage
Within three years since MEATDeli launched, it has owned about 900 stores/stalls in
15 provinces/cities in Vietnam, including the two largest markets (Ho Chi Minh City and Hanoi
City). MEATDeli's stalls and stores are decorated attractively when it used the red colour as
3. Location
MEATDeli made a correct decision when they choose their stalls/stores places. They
have cooperated with some supermarkets chains and convenience stores and put their stalls in
those. Furthermore, they put their agencies and stores in large kiosks on main streets, in
crowded residential areas, which helps MEATDeli attract customer's attention and offer one
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4. Delivery
MEATDeli does not only sell their products in stalls/stores; they also offer online market and
shipping services. With many stores and agencies, customers can easily choose the nearest one
and order their products on the website or delivery apps like Now, Baemin, Ahamove,…
MEATDeli guarantees that the meat will be delivered in few hours to keep it fresh. Sometimes,
MEATDeli offers a free shipping fee for orders which cost above 200,000VND.
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Promotion
1. Advertising:
MEATDeli has utilized media such as advertisements on TV, videos on Youtube, posts on
Facebook. These advertisements focused on delivering the quality of the product relating to
the European integrated system. MEATDeli cooperated with celebrities like Nha Phuong, Lam
Vy Da, Tu Anh, … as well as creating unique content for their videos like short stories, music
videos with a catchy rhythm so that they can take advantage of the celebrities' fame to attract
more viewers.
2. Sales promotion:
MEATDeli has made many price reductions and given out coupons that are free of shipping
charge or minor price decrease when paid in a particular payment during a specific time. Not
only that, MEATDelis also created events that give out samples of new products and
exhibitions to prove MEATDeli's products' quality, like MEATDeli's great buffet from 26/6 to
27/6.
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3. Digital marketing:
MEATDeli uses many types of digital marketing channels such as email marketing when
customers can log in into an online section if they want to follow the status of their product
and receive emails to notify them about new products or events; MEATDeli applied influencer
marketing to cooperate with celebrities like Nha Phuong, Tu Anh, … to attract more customers;
also, content marketing, social media marketing, and mobile marketing are channels that
MEATDeli uses to provide information to customers such as clean meat stories, product
features, images, and customer 24/7 online support on its Facebook page or its website.
4. Public relation:
On 26/6 – 27/6, MEATDeli's great buffet of 7 lean types of meat was held for the first
time at VinMart Times City, attracting many customers and nutritionists. Significantly, the
program had the appearance of a particular customer, Assoc. Prof. Dr Le Thi Hong Hao,
Director of the National Institute of Food Safety and Hygiene. She highly appreciated the clear
food traceability, the high amount of nutrition and the meat standard of MEATDeli.
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Conclusion
In conclusion, Masan Meatlife's current situation is arguably sustainable due to the emergence
However, with a proper and firm base of the meat process and the massive network of Masan,
aiming at becoming the leader in supporting high-quality animal protein across the country has
been considered achievable for Meatlife. Moreover, despite the adverse effects of COVID 19,
Masan MEATlife has proven itself to be endurable with its developed online shopping platform
and its strategy of changing the consumers' mindset. The opportunity for Meat deli is enormous
in the Vietnamese market, where people are switching from the traditional pricing preference
unstable, sometimes unreasonable in many locations due to the difference in the cost relating
to infrastructure, wages, ... and this is one of the weaknesses that Masan MEATDeli needs to
overcome in the upcoming period of development. Many other competitors adapting to the
exact mechanism as Masan is emerging. This threat needs to be concerned as soon as possible
by the Masan operators to project an appropriate and suitable strategy in the future.
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REFERENCES
109409543000713. (n.d.). Bảng giá các sản phẩm thịt sạch MEATDeli. Gia Đình Mới. Retrieved August 3,
Ám chỉ CP chỉ bán thịt không biết làm thương hiệu, Masan muốn trở thành một “Vinamilk” trong ngành
hieu-masan-muon-tro-thanh-mot-vinamilk-trong-nganh-thit-voi-muc-dinh-gia-vuot-troi-
20191021181522295.chn
Báo cáo Phân tích CTCP MASAN MEAT LIFE (MML) -BÁO CÁO TIỀN NIÊM YẾT. (n.d.).
https://www.VNDirect.com.vn/cmsupload/beta/MML_BCNiemYet_20191029.pdf
CEO Masan MEATLife: Với nhà máy mới tại Long An, độ bao phủ thịt mát MEATDeli tại khu vực phía Nam
sẽ tăng lên 1.500 điểm đến cuối năm 2021. (2020, October 15). Cafef.vn. https://cafef.vn/ceo-masan-
meatlife-voi-nha-may-moi-tai-long-an-do-bao-phu-thit-mat-MEATDeli-tai-khu-vuc-phia-nam-se-
tang-len-1500-diem-den-cuoi-nam-2021-20201014181229709.chn
Công ty Trung Hải - Giải pháp công nghệ hiện đại trong phòng thí nghiệm. (2021). Th-Science.com.vn.
https://www.th-science.com.vn/vn/262-nganh-thit-viet-nam--cuoc-dua-thuong-hieu-n.html
congan.com.vn. (n.d.). Chị em nội trợ TPHCM mua thịt heo sạch MEATDeli tại hệ thống VinMart+. Báo
Công an Thành Phố Hồ Chí Minh. Retrieved August 3, 2021, from https://congan.com.vn/thi-
truong/chi-em-noi-tro-tphcm-tim-mua-thit-heo-sach-MEATDeli-tai-he-thong-sieu-thi-
vinmart_115447.html
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Đầu tư mạnh cho chế biến và phân phối, mảng thịt của Masan Meatlife vẫn lỗ hơn 300 tỷ năm 2020. (2021,
meatlife-chi-bang-1-3-rieng-mang-thit-lo-hon-300-ty-nam-2020-20210316151949422.chn
Đua giành “miếng bánh” thịt mát 18 tỷ USD | VIBOnline. (n.d.). Retrieved August 3, 2021, from
http://tintuc.vibonline.com.vn/dua-gianh-mieng-banh-thit-mat-18-ty-usd.html
Đua giành miếng bánh thịt mát 18 tỷ USD. (n.d.). Baodautu. Retrieved August 3, 2021, from
https://baodautu.vn/dua-gianh-mieng-banh-thit-mat-18-ty-usd-d135180.html
Duc, N. (2019). MASAN MEAT LIFE JSC (MML) -PRELISTING NOTE. https://static-
02.VNDirect.com.vn/uploads/prod/MML_PrelistingNote_20191025.pdf
Masan và những định hướng cho ngành hàng tiêu dùng Việt - Đánh Giá NM. (2019, September 30). Đánh
NLD.COM.VN. (2021, April 1). Thịt heo nhập khẩu tăng gần 400%. Https://Nld.com.vn.
https://nld.com.vn/kinh-te/thit-heo-nhap-khau-tang-gan-400-20210331204301531.htm
Phân tích kênh phân phối của sản phẩm Meat Deli - Tài liệu text. (n.d.). Text.123docz.net. Retrieved August
meat-deli.htm
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PLO.VN. (2021, June 2). Ngại đi chợ mùa dịch, người dân tăng mua sắm online. PLO. https://plo.vn/kinh-
te/ngai-di-cho-mua-dich-nguoi-dan-tang-mua-sam-online-989702.html
Thị trường thịt mát: Masan và bài toán kênh phân phối, người đến sau sẽ học được gì? (n.d.).
MEATDeli.com.vn. https://MEATDeli.com.vn/tin-tuc/thi-truong-thit-mat-masan-va-bai-toan-kenh-
phan-phoi-nguoi-den-sau-se-hoc-duoc-gi.html
Thịt heo bày thế trận cạnh tranh. (n.d.). Nhipcaudautu.vn. https://nhipcaudautu.vn/kinh-doanh/thit-heo-bay-
the-tran-canh-tranh-trong-evfta-3337416/
Thịt mát Meat Deli. (n.d.). Shop.MEATDeli.com.vn. Retrieved August 3, 2021, from
https://shop.MEATDeli.com.vn/
Thịt mát meat Deli - Thịt sạch meat Deli - Thịt heo meat Deli. (n.d.). Thịt Mát MEAT Deli - Thịt Sạch
MEAT Deli - Thịt Heo MEAT Deli. Retrieved August 3, 2021, from https://thitmatMEATDeli.com/
Truy xuất nguồn gốc thịt lợn sạch Meat Deli chi tiết nhanh, chính xác. (n.d.). MEATDeli.com.vn.
https://MEATDeli.com.vn/txng/
VnExpress. (n.d.). Masan ra mắt thành công thịt heo mát Meat Deli. Vnexpress.net.
https://vnexpress.net/masan-ra-mat-thanh-cong-thit-heo-mat-meat-deli-3860881.html
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APPENDIX 1
Peer Evaluation Form for Group Work
Write the name of each of your group members in a separate column. For each person, indicate the
extent to which you agree with the statement on the left, using a scale of 1-5 (1=strongly disagree;
2=disagree; 3: neutral; 4=agree; 5=strongly agree). Total the numbers in each column.
Evaluation Criteria Group member: Group member: Group Group Group member:
Cao Huân Bảo Đỗ Minh Đạt member: member: Nguyễn Ngọc
Phan Đăng Nguyễn Thùy Dương
Phú Trung Tín
Attends group
meetings regularly and 5 5 5 5 5
arrives on time.
Contributes
meaningfully to group 5 5 5 5 5
discussions.
Completes group
assignments on time. 5 5 5 5 5
Prepares work in a
quality manner. 5 5 5 5 5
Demonstrates a
cooperative and 5 5 5 5 5
supportive attitude.
Contributes
significantly to the 5 5 5 5 5
success of the project.
TOTALS
(please calculate the 30 30 30 30 30
sum of all columns)
- In scale of 1 to 10, I would rate 8. I feel so lucky that I had such a good team which every
member was responsible to their own task and finished on time. The member also
co-ordinated to work very smoothly.
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2. Were the behaviors of any of your team members particularly valuable or detrimental to the
team? Explain.
- Nguyen Trung Tin is a leader of our team as well as a great supervisor for the productivity of
the whole team. He was strict and always urged the members to complete the assignments at
a time that very far from the real deadline. I was a kind of person who always waiting until
the last moment to work, then sometimes miss the deadline. Thanks to him I can take up the
habit of doing assignments early, which I cannot do before.
3. What did you learn about working in a group from this project that you will carry into your next
group experience?
- Since I went to university, I have to work in groups a lot so in overall, this project went
smoothly and did not have much obstacle over the time. However, I reflect on myself that I
was kind of lazy, tend to waiting for the last minutes to do in everything so I must be strict
more with myself at the next course and more productive to have more time to research.
32
APPENDIX 2
For customers who are restaurants and meat processing facilities: Next to the individuals are
restaurants and facilities, they are less targeting than those two audiences above. This is because of the
premium quality and its prices; Meat Deli meat tends to be retail sales rather than wholesale. However,
Meat Deli still sells to businesses that produce quality branded food, such as producing spring rolls,
spring rolls, shrimp rolls.. with premium quality while ensuring hygiene for customers of the middle
Experiential benefits
MEATDeli commits to providing customers with its products as pure fresh food at an affordable price,
ensuring health for consumers. Products are also very diverse, including full: meat, lean, ribs, tail, ham,
bone.
Each piece of meat is selected from a source of healthy pigs through 3 strict quarantine routes,
processed, packaged with Oxy-Fresh 9 technology from Europe and preserved throughout from 0-4
degrees Celsius from the factory to the consumers, helping to preserve the freshness and nutrition of
meat.
33
Reasons to believe
MML builds and invests in extraordinarily advanced and modern equipment estimated at up to
1,000 billion VND. It is reported to be a closed process where the pork's quality is ensured throughout
the process. Consumers may use the pork right away for a complete nutritious meal without having to
When the COVID-19 pandemic broke out, Masan MEATLife has strengthened many pandemic
prevention measures. At the farm, the factory and the distribution system are equipped with additional
protective equipment for workers. Periodic disinfection at production and working places is also
focused. Despite having to invest additional costs, Masan accepts to sacrifice profits to bring the safest
products.
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Current meat market: Vietnam's meat market is potential but unstandardized. In 2018,
compared to the previous year, the total meat sales rose 3.7% to 4.09m tons. Total meat sales increased
3.7 percent to 4.09 million tons in 2018, compared to the previous year. Pork is Vietnam's primary
meat, accounting for 66% of total meat consumption, followed by poultry and beef. In 2018, the
Vietnamese meat market was valued at VND272tr, with pork accounting for 62 percent. Although
pork is the most popular meat, the local pork market remains underdeveloped, as 99 percent of the
pork consumed is warm and 95 percent is hazardous. These pigs are fed with antibiotics or weight gain
stimulus; slaughtered in small scale, low-hygiene standard; the meat is transported without veterinary
control; and sold in wet markets which have a high risk of contamination).
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