On October 23, Saigon Co.op Distribution Company Limited (SCD) and STC Natural Vina Company handed over goods manufactured in Vietnam for export to the US market.
Saigon Co.op exports goods to the US market.
Báo Chính Phủ•24/10/2024
Handover ceremony for goods manufactured in Vietnam and exported to the US market - Photo: VGP/MT
Immediately following the event, from the Binh Duong distribution center – Saigon Co.op 's main warehouse – two containers of Co.op Select private label goods will be exported to the US market. The goods exported to the US market are domestically produced, carefully selected by Saigon Co.op from the fast-moving consumer goods category, reflecting the unique identity and culinary essence of Vietnam, such as dipping sauces, vermicelli, pho, spices, tea, and coffee… with an order value of nearly $70,000. All these Vietnamese products will be sold at H-mart supermarkets belonging to Hee Chang Group – a renowned South Korean retail group with over 30 years of experience in the US market and more than 100 outlets across the United States. In September 2024, SCD successfully exported two containers to Canada, also under an order from Hee Chang Group. In the last three months of the year, SCD will complete the export of 20 containers to foreign markets. SCD focuses on exporting to the world's largest markets such as the US, South Korea, Japan, Australia, China, and the Middle East. By 2025, SCD plans to export 120-150 containers, with an estimated value of VND 120 billion.
Immediately after the event, two containers of Co.op Select private label goods will be exported to the US market from the Binh Duong distribution center - Photo: VGP/MT
SCD's operations have made a positive contribution to Saigon Co.op's export sector. Accordingly, in 2023, Saigon Co.op exported Vietnamese agricultural and seafood products to the Singapore market with a total export value of nearly 90 billion VND. Mr. Tran Anh Quang – Director of SCD Company, stated: “Through trade contracts between Saigon Co.op Distribution Company and its partners, including STC Natural Vina, Vietnamese goods will have more opportunities to conquer the largest and most potential markets in the world.” Mr. Yun SuBong – Director of STC Natural Vina Company, said: “Cooperation with Saigon Co.op – Vietnam's leading consumer goods retailer – is an important milestone in STC Natural Vina's development journey. This cooperation not only benefits both sides but also contributes to strengthening economic exchange and cultural exchange between Vietnam and Korea.” Saigon Co.op Distribution Company Limited is a subsidiary of Saigon Co.op. The company's function is to import and exclusively distribute nationwide high-end products from leading global corporations: Parker & Waterman premium pens from Newell Rubbermaid Group (UK), GEM products such as Pantene, Head & Shoulders shampoos, and Olay body wash from P&G Group (USA), Topmass nutritional powders from AIDA Company, and Vitaplan milk imported from New Zealand. Source: https://baochinhphu.vn/saigon-coop-xuat-khau-hang-sang-thi-truong-my-102241023214416415.htm
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