Business

RoK firms look for franchise partners in Vietnam

Twelve food and beauty care businesses from the Republic of Korea (RoK) participated in a conference in Ho Chi Minh City on March 21 to look for franchisees.
RoK firms look for franchise partners in Vietnam ảnh 1The event's banner (Photo: Photo file of KOTRA - Ho Chi Minh City)
  

Ho Chi Minh City (VNA) – Twelve food and beautycare businesses from the Republic of Korea (RoK) participated in a conferencein Ho Chi Minh City on March 21 to look for franchisees.

The event, co-held by Korea Trade – Investment PromotionAgency (KOTRA) and Investment and Trade Promotion Centre of Ho Chi Minh City,aimed to introduce RoK’s leading franchise brands, thus promoting tradeexchange and opening up cooperation opportunities between enterprises of thetwo countries, said Yoon Joo Young, Director of KOTRA in Ho Chi Minh City.

He noted that many RoK firms have reaped success doing businessin Ho Chi Minh City, which is the biggest economic hub of Vietnam, hoping thatthe conference will result in new partnerships.

RoK business representatives said food service and beautycare in Vietnam are expected to rapidly develop in the next ten years, offeringgreat opportunities for them to expand their branch network and promote productsto Vietnamese consumers.

Lee Yong Chan, a representative of Yong Woo Dong Fast Food,said a quality management network that ensures food safety, well-trained staffand reasonable franchise fee are strengths of RoK franchise food brands.-VNA

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