Vietnam’s agricultural products strengthen foothold in South Korea

Created 17 July 2018
  • PDF
Editor Choice
Share
(0 votes, average 0 out of 5)
Vietnam’s total exports to South Korea reached 2.8 billion USD in the first two months of this year, up 44% against last year.
Vietnam’s agricultural products strengthen foothold in South Korea - ảnh 1 Dragon fruits are among Vietnam's top exports to South Korea (Quang Nhut/VNA)

Do Kim Lang, Deputy Director of the Trade Promotion Department of the Ministry of Industry and Trade, said the Vietnamese businesses should invest in improving agricultural products’ quality in order to secure their foothold in the South Korean market. Vietnam’s main exports to South Korea include seafood, vegetables, and fruits like coconut, pineapple, dragon fruit, mango, and banana. Mr. Lang said the Department has sent businesses to South Korea for trade exchanges and exhibitions to seek potential partners.

He said South Korea is one of Vietnam’s key strategic partners and top investor, adding South Korea has become Vietnam’s third biggest trade partner since the implementation of Vietnam-Korea Free Trade Agreement in 2015.

South Korea spends 33 billion USD annually on importing seafood and agricultural products from other countries.

 

Source: VOV

Maybe You Also Interesting :

» Vietnam imports 81 fire trucks from South Korea

The Ministry of Public Security has imported 81 fire engines worth VND500 billion (USD21.73 million) from South Korea.

» More South Korean firms enter finance & banking market

Korean banks are increasing their presence in Vietnam, betting on the growth potential of the emerging market, especially when and if limits on foreign...

» Photographers capture the rise of South Korea's 'loner' culture

In a striking image by Korean photographer Nina Ahn, a solitary figure stands by a window, street lights glimmering around her. Another shows a woman in her...
loading...

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet