Vietnam & South Korean businesses signed 10 contracts
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The five-day fair themed “Viet Nam-South Korea Cooperation for Mutual Development” was held in the southern province of Ba Ria-Vung Tau.
Truong Van Thoi, director of the provincial Trade Promotion Centre, said the event attracted some 40,000 visitors who spent over VNĐ6.5 billion.
Wooden furniture businesses earned the highest revenue totalling VNĐ1.7 billion, followed by firms in textile, garments and the retail sector.
Meanwhile, South Korean companies posted total revenue of some VNĐ1.1 billion.
The fair facilitated local enterprises and businesses of both sides to foster their trade promotion activities, share market information and exchange experiences, helping them find suitable partners.
The event featured 348 booths showcasing products of 194 firms, including 84 from Ba Ria-Vung Tau and 35 from outh Korea.
Participants brought to the fair various items, including wooden products, handicrafts, interior décor and garments, as well as seafood, plant varieties, cosmetics and other consumer goods.
Questions & Answers
Q.What was the total revenue generated by the businesses at the fair?
What was the total revenue generated by the businesses at the fair?
Visitors at the fair spent over VNĐ6.5 billion in total. South Korean companies contributed VNĐ1.1 billion of this revenue, with other businesses making up the remainder. This indicates a significant commercial success for the event.
Q.Which product category achieved the highest sales at the event?
Which product category achieved the highest sales at the event?
Wooden furniture businesses recorded the highest revenue among all participants. Their sales totalled VNĐ1.7 billion, making them the most successful sector at the fair, followed by textile, garments and retail companies.
Q.How many companies participated in the fair and where were they from?
How many companies participated in the fair and where were they from?
The fair featured 194 firms showing their products across 348 booths. Of these, 84 companies were from the host province of Ba Ria-Vung Tau, and 35 firms travelled from South Korea to participate.
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