South Korean food companies prospering in Vietnam


South Korean companies entering Vietnam early continue to consider it a key market for their overseas business operations. — Vietnam News

SEOUL: South Korea’s food industry is targeting Vietnam as a premier market for food products as companies entering the South-East Asian country early continue to consider it a key market for their overseas business operations, say industry insiders.

In June, South Korean food maker Daesang spent 30 billion won on expanding its plant in Vietnam, aiming to double its annual production capacity.

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