During the course of the event, Vietnamese Ambassador to the RoK Nguyen Vu Tung visited a booth set up by the Vietnamese trade office in the RoK, while taking the opportunity to encourage local firms operating overseas to actively promote import activities. These should aim to increase the distribution of high-quality Vietnamese farm produce and processed food in the RoK.
This year's fair is set to feature roughly 200 booths, attracting the participation of businesses from approximately 40 countries and territories globally.
The event is expected to provide an ideal platform in which Vietnamese businesses can introduce their products, seek partners, and expand their business opportunities with foreign enterprises.
The RoK currently represents the country’s third largest trading partner after China, with total import-export turnover reaching US$66 billion last year.
Furthermore, the country’s agro-fishery exports and processed foods to the RoK last year reached US$1.2 billion, making up 4.1% of the RoK’s total import value of these products.