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S.Korean firms to showcase cosmetics, bio-food in HCMC
Minh Tam
Wednesday,  Sep 13, 2017,22:30 (GMT+7)

S.Korean firms to showcase cosmetics, bio-food in HCMC

Minh Tam

Organizers of the event introduce Korean cosmetics and food in HCMC at a press conference on September 12 - PHOTO: MINH TAM

HCMC – Up to 18 enterprises from South Korea’s Chuncheon will introduce 120 products, mainly biotechnological cosmetics and food, to consumers in HCMC from September 13 to 15.

At a press conference on the event on September 12, Jeon Ju Su, director of the Chuncheon Bioindustry Foundation (CBF), said the 18 participating firms are leading members of CBF, and that the products to be showcased at the event include facial masks, moisturizing cream, yoghurt and vitamins with natural ingredients.

Products of two among the 18 Korean companies are already present in Vietnam although this is the first time they have come to the country to promote their brands.

Chuncheon mayor Choi Dong Yong said Vietnam is a fast growing market with gross domestic product (GDP) rising by 6% a year and a population of nearly 100 million. Especially, more than 50% of the population are under 30 years old and have high demand for biotech cosmetics and functional food.

Asked by the Daily about the opportunity for Vietnamese enterprises to supply agricultural products for such Korean companies, Jeon Ju Su said CBF has signed agreements on technical exchange with Vietnamese partners. Accordingly, many Korean firms have imported high-quality agricultural products from Vietnam.

The event will be held at the Rex Hotel by Lien Hoa Group, which has opened its first representative office in South Korea. Truong Thi Nhi, chairwoman of the group, said the office will help Vietnamese companies save time learning about Korean partners and import products suitable for local consumers.

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