Firms from the Republic of Korea (RoK) have unveiled plans to buy
more agricultural produce from Vietnam , the Mekong Delta in
particular.
At a seminar held in Can Tho on June 7, RoK
businesses said they need to import large quantities of farm and
fisheries produce because domestic supply cannot meet demand.
"The Mekong Delta is in an ideal producer of these items," they said.
The RoK has imported Vietnamese coffee and seafood in the past, and has
been considering and buying rice and yet more farm produce from
Vietnam .
"The country wants to import around 50,000
tonnes of rice annually and is considering Vietnam as a source
because Koreans like glutinous, fragrant, unbroken grain," they said.
However, sometimes the rice quality is inconsistent, they said,
describing it as the biggest weakness of Vietnamese exporters.
The seminar on investment and business cooperation between the two
countries was organised by the Vietnam Chamber of Commerce and
Industry's Can Tho chapter and the RoK consulate in HCM City .
Nguyen Huu De, deputy director of the VCCI Can Tho, said eight of 13
provinces and city in the Mekong Delta have established commercial links
with RoK partners.
Delta-based companies have exported seafood and farm produce like straw mushrooms, pineapples, and pineapple products.
But as of last year only four delta provinces – Long An, Vinh Long, Ben
Tre, and Tien Giang – and Can Tho had attracted RoK investments, and
that was worth just more than 1 billion USD.
The VCCI pointed out that all these provinces and city were situated not far from HCM City .
Jang Jil, a commercial affairs official at the consulate, said to
attract more RoK investors to other Mekong provinces like those to the
west of the Hau River , transport infrastructure, including for
waterway transport, has to be better developed.-VNA