Exhibition promotes exports of VN products to South Korea

Wednesday, Jun 24, 2015 16:53

Visitors at the "Typical Vietnamese branded products" exhibition being held at Lotte Mart Saigon South in District 7, HCM City, from June 24 to 28. — VNS photo Xuan Huong

HCM CITY (Biz Hub) — Many of Viet Nam's typical products like fruits and other agricultural products, seafood, garments, plastic, and handicrafts are on display at Lotte Mart Saigon South in District 7 from June 24 to 28.

"Typical Vietnamese branded products" hopes to create favourable conditions for Vietnamese and South Korean firms to enhance co-operation and to promote consumption among Vietnamese consumers and South Koreans living in Viet Nam.

The event also aims to understand more about South Korean consumers' needs to select suitable products for export to South Korea.

Hong Won Sik, general director of Lotte Mart Viet Nam, said the event would help Vietnamese firms export to South Korea.

The supermarket plans to have the "Typical Vietnamese branded products" programme at more than 100 Lotte Mart supermarkets in South Korea in October, he said.

A conference and business meeting between South Korean and Viet Nam will be organised on June 25 at Lotte Legend to enable government agencies, business associations, and businesses to understand more about the opportunities and challenges thrown up by the Viet Nam-Korea Free Trade Agreement.

The event was organised by Cong Thuong newspaper, Lotte Mart Viet Nam, Small and medium Sized Enterprises Development Centre, and the Investment and Trade Promotion Centre of HCM City.

Korea is the country's third largest trading partner and the biggest foreign investor.

Last year Viet Nam's exports to the country were worth US$7.11 billion, a year-on-year increase of 7.7 per cent, while it spent $21.74 billion on imports. — VNS


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