European food, beverage firms eye Vietnam

Nineteen European food and beverage companies are visiting Vietnam to explore partnerships with local importers and distributors.
European food, beverage firms eye Vietnam ảnh 1Nineteen European food and beverage (F&B) companies are visiting Vietnam to explore partnerships with local importers and distributors. (Photo courtesy of EU-Vietnam Business Network)

HCM City (VNA)- Nineteen European food and beverage companies are visiting Vietnam toexplore partnerships with local importers and distributors.

The EU-Vietnam Business Network on January 31organised the4th edition of the Food & Beverage Trade Mission to Vietnam, which will beheld in Ho Chi Minh City and Hanoi until February 2.

This year’s trade mission includes companies from Estonia,Finland, France, Germany, Greece, Ireland, Italy, Poland, Portugal and theUnited Kingdom.

Topics to be discussed at the information seminar will be thegrowth potential of Vietnam’s food and beverage industry, financial benefitsthat will derive from the soon-to-be-implemented EU-Vietnam Free TradeAgreement (UVFTA) and imports of European products to Vietnam.

More than 230 B2B meetings with Vietnamese distributors andimporters based in Hanoi and HCM City, as well as business visits tosupermarkets and shopping malls, will follow the four-day event.

The business network is co-funded by the European Union,which aims to strengthen European business activities in Vietnam, with aspecial focus on small and medium-sized companies (SMEs) seeking cooperationopportunities in Vietnam.

Since 2015, the last three editions of the network’s Food& Beverage Trade Mission have welcomed 62 European companies.

The network aims to improve the investment and tradeenvironment, support exports and expand investment markets from Europe toVietnam and ASEAN.

Target groups are European companies, especially SMEs,interested in Vietnam and ASEAN.

While the project is based in Vietnam, the business networkalso works with an ASEAN network of business associations, to provide even morebusiness opportunities to European companies.-VNA
VNA

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