Food & Beverage
NongHyup opens office in Vietnam to strengthen K-food exports
It will support expanding Korean agricultural and food market share in SE Asia
By Apr 05, 2023 (Gmt+09:00)
1
Min read
Most Read
LG Chem to sell water filter business to Glenwood PE for $692 million


Kyobo Life poised to buy Japan’s SBI Group-owned savings bank


KT&G eyes overseas M&A after rejecting activist fund's offer


StockX in merger talks with Naver’s online reseller Kream


Mirae Asset to be named Korea Post’s core real estate fund operator



South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with plans to expand exports and explore new business opportunities in Southeast Asia, including Vietnam.
NongHyup also aims to support the entry of its Kimchi products into the Vietnamese market.
"We will make efforts to introduce NongHyup's excellent agricultural and food products to Vietnam and help NongHyup Kimchi become a luxury brand representing Korea, in line with the K-food trend. We will also strive to pioneer overseas markets," said NongHyup Chairman Lee Sung-hee.
During the opening ceremony, the chairman presented plaques of gratitude to three excellent Vietnamese buyers who supported the sale of NongHyup's agricultural and food products in Vietnam.
In addition, NongHyup has signed MOUs with these companies to jointly promote the development of new products and expand sales.
Write to Jung-hwan Hwang at jung@hankyung.com
More to Read
-
Banking & FinanceNongHyup to gain toehold in southwest Asia with India branch
May 30, 2022 (Gmt+09:00)
1 Min read -
Corporate bondsNongHyup Life to issue $493 mn in subordinated bonds
Mar 29, 2022 (Gmt+09:00)
1 Min read -
-
KIC forms $400 mn joint venture with NongHyup for private equity co-investment
Jul 13, 2020 (Gmt+09:00)
1 Min read
Comment 0
LOG IN