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| Vu Van Tu (first left), director of the Lam Dong Province Department of Investment, Trade and Tourism Promotion Centre and Hong Won Sik (first right) , director of Lotte Viet Nam Shopping Co., Ltd, at the signing ceremony. – Photo courtesy of Lotte Mart |
HCM CITY (Biz Hub) — The Korean-owned Lotte Mart supermarket chain is set to buy Da Lat farm produce.
Lotte Viet Nam Shopping Co., Ltd signed an agreement with the Lam Dong Province Department of Investment, Trade and Tourism Promotion Centre to buy vegetables, fruits, and food products for distribution at Lotte Mart stores.
The company requires producers and suppliers to ensure product quality and follow Viet Nam Good Agricultural Practices (VietGAP) standards in their production.
Lam Dong is the biggest vegetable and flower growing area in the country with over 53,000 hectares producing nearly 1.8 million tonnes of vegetables.
The deal will help create a stable outlet for provincial farmers. — VNS