PM witnesses signing of deal between TH Group, Chinese partner

14:31 | 03/05/2019 Companies

Prime Minister Nguyen Xuan Phuc on April 25 witnessed the signing of a Memorandum of Understanding on strategic cooperation in distributing dairy products between Vietnam’s TH Group and Wuxi Jinqiao International Food City, which owns the largest merchandise wholesale center in China.

PM Nguyen Xuan Phuc (C, standing) witnesses the signing of a MoU on strategic cooperation in distributing dairy products between Vietnam’s TH Group and Wuxi Jinqiao International Food City - Photo: NDO

The activity was part of the PM’s visit to attend the second Belt and Road Forum for International Cooperation (BRF) in Beijing from April 25-27.

The signing ceremony was a step to realize economic cooperation policy between the two governments while opening up market expansion opportunities as the Protocol on exports of Vietnamese dairy products to China is scheduled to be signed.

TH Group is also one of the vanguard units that export products with below 80 percent of milk to China via official channels before the Protocol is inked.

It is also ready with solid foundation to distribute TH True Milk-branded food, farm produce, and especially dairy and organic products to key areas in China.

Theo NDO/VNA