Vietnamese coffee seeks foothold in RoK
09:45, 2015/11/17
Vietnamese coffee and investment opportunities in the industry were introduced at the 15th Seoul International Café Show, which wrapped up in the Republic of Korea on November 15.
Ngo Xuan Ty, a representative from the Trade Office of Vietnamese Embassy in the RoK, said Vietnamese coffee trademark is not well-known among Koreans, as most coffee imported from Vietnam is used as an ingredient in RoK coffee products.
Therefore, when participating in the show, Vietnamese businesses wish to invite visitors to enjoy the country’s typical products like Arabica and Robusta.
Luong The Hung, Chairman of the Board of Directors and General Director of the Me Trang Coffee Joint Stock Company, shared that the company’s products received a lot of positive feedback from visitors. Many RoK partners also came to seek business cooperation opportunities with the company.
He suggested Vietnamese enterprises coordinate closer to build a trademark for Vietnamese coffee products, together with a nation policy to promote the coffee.
Café Show is the largest coffee fair in the RoK, showcasing coffee-related products and machines.
This year’s four-day event, the biggest of its kind in Asia, featured more than 2,000 booths from 360 businesses from 35 nations. It drew more than 100,000 visitors.
The RoK is a potential market for Vietnam’s coffee exports, as it is the world’s 11th biggest consumer of coffee.
Vietnam is the second largest coffee supplier for the country, with a total export volume of more than 32,000 tonnes worth 70 million USD in 2014.
Therefore, when participating in the show, Vietnamese businesses wish to invite visitors to enjoy the country’s typical products like Arabica and Robusta.
Luong The Hung, Chairman of the Board of Directors and General Director of the Me Trang Coffee Joint Stock Company, shared that the company’s products received a lot of positive feedback from visitors. Many RoK partners also came to seek business cooperation opportunities with the company.
He suggested Vietnamese enterprises coordinate closer to build a trademark for Vietnamese coffee products, together with a nation policy to promote the coffee.
Me Trang coffee at the Café Show
|
This year’s four-day event, the biggest of its kind in Asia, featured more than 2,000 booths from 360 businesses from 35 nations. It drew more than 100,000 visitors.
The RoK is a potential market for Vietnam’s coffee exports, as it is the world’s 11th biggest consumer of coffee.
Vietnam is the second largest coffee supplier for the country, with a total export volume of more than 32,000 tonnes worth 70 million USD in 2014.
21:25, 2025/01/02
Vietnam offers 50% subsidy for initial investment costs in AI and semiconductors
Support measures include training and manpower development costs, R&D expenses, fixed asset investment, high-tech product manufacturing costs, and infrastructure development expenses.
15:12, 2024/11/14
North-South high-speed railway to open up new economic opportunities
The government proposes a design speed of 350 km/h for the railway to ensure a modern, integrated, and forward-looking infrastructure appropriate to Vietnam’s geographical and economic conditions.
17:25, 2024/11/07
Prime Minister calls on China to pilot border economic cooperation zone
This economic cooperation zone is an initiative proposed by China and has been under negotiation with several countries, including Vietnam, since 2007.
17:29, 2024/07/23
State-owned corporations set to pilot offshore wind power projects
Private and foreign investors are currently not being considered for pilot projects due to unresolved legal and security issues.
06:12, 2024/07/17
AIIB ready to fund Hanoi’s urban railway projects
Hanoi expects the AIIB to assist with planning, implementation methods, and financing strategies to rapidly deploy metro projects.
15:33, 2024/07/02
S.Korea’s industrial conglomerates to expand investment activities in Vietnam
Prime Minister Pham Minh Chinh welcomed the proposals, which are consistent with Vietnam’s green growth strategy.
- Intel boosts Vietnam’s semiconductor workforce for ambitious goals
- Vietnam among top investment destinations for SEA investors
- Vietnam looks to support FDI firms as global minimum tax looms
- Factors unlocking Vietnam’s potential in FDI attraction: HSBC
- Opportunity at hand: Leveraging global minimum tax for FDI attraction
- Vietnam: Leading destination for sustainable investment