Opening Korea Rice Foodstuffs Association’s office in Can Tho

A representative office of the Korea Rice Foodstuffs Association (KRFA) was officially opened in the Mekong Delta city of Can Tho on December 13.

According to Chairman of KRFA Kim Nam Doo, this move aimed at facilitating links between food processing firms of the two countries, contributing to the development of the industry in both countries.

For his part, Vice Chairman of Can Tho People’s Committee Truong Quang Hoai Nam said he hopes the representative office will help bring more KRFA member firms to Vietnam

Executive director of KRFA Lee Soong Ju stressed that the representative officewill help connect firms from the Republic of Korea (RoK) with the Vietnamese market. It will provide information on the market, the distribution system, local farm produce and development trend to DRFA member companies which want to invest in Vietnam, he added.

The office is expected to work as a bridge for enterprises of both countries, proposing possibilities for their cooperation and assisting with the export of products to the other country.

Can Tho is seeing more RoK investor coming, with a remarkable investment project being a 171 million USD sport shoe factory of Tae Kwang group.

The city has exported 30.3 million USD worth of goods to the RoK so far this year, and imported 4.2 million USD from the Northeast Asian country, mostly pharmaceutical materials, fertilizer, cloth and garment accessory.

Source: VNA