The sales revenue of the Republic of Korea’s Orion confectionery maker in Vietnam has surpassed 200 billion KRW (150 million USD) for the first time, further solidifying its highly positive growth trend in the Vietnamese market.
Seoul (VNA) - Thesales revenue of the Republic of Korea’s Orion confectionary maker in Vietnam has surpassed200 billion KRW (150 million USD) for the first time, further solidifying itshighly positive growth trend in the Vietnamese market.
According to the data announced by the company onAugust 11, its total revenue hit 224.1 billion KRW in the first half, up 14.5%annually.
If this growth trend continues, this year’sfigure is projected to exceed 500 billion KRW for the first time, amounting to around540 billion KRW. The 2022 revenue was 473 billion KRW.
With a population of nearly 100 million people,Vietnam is emerging as a potential market that can serve as an alternative toChina, with its estimated dairy market size of around 7 trillion KRW. ForOrion, Vietnam plays a pivotal role as a bridge to tap into the Southeast Asianmarket and expand its reach in the region./.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
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The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
At Orion factory (Photo: VNA) 
