Ondisplay at 250 booths are famous domestic trademarks such as Dalat Milk,Me Trang Coffee, Highlands Coffee, Pho 24, Tous Les Jours and Ong Kim,together with machines, equipment and new technologies for a modernretail industry.
Fifty businesses from theRepublic of Korea (RoK) are introducing a variety of high-qualityproducts, including food, fresh fruit, household utensils, garments,jewellery and electronic equipment.
Huyn Ho Ahn,KITA Vice Chairman and CEO, said that Vietnam sees great potentialfor developing its retail industry, with a young and dynamic workforce.
This event is expected to provide a great chance forbusiness communities to seek partners and sign investment contracts,thus further boosting franchise and retail cooperation betweenVietnamese businesses and foreign investors, particularly those from theRoK, he said.
To date, 105 foreign companies haveregistered to open franchises in Vietnam , mostly in the business ofrestaurants, fashion shops and convenience stores.
According to Deputy Minister of Trade and Industry Ho Thi Kim Thoa, overrecent years, international franchising has helped promote thedevelopment of this form of business in Vietnam as well ascontributed to creating jobs and increasing incomes.
It may also reduce risks for investors at a time of economic slowdown and limited access to capital, she added.
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