Barrington Foods International has announced that its board of directors approved the 50/50 joint venture in Vietnam and Thailand together with the establishment of a representative office in Ho Chi Minh City (formerly Saigon).
Go deeper with GlobalData
The joint-venture partner is a privately owned food distributor based in Ho Chi Minh City with offices also in Hanoi. With over ten years experience, the local partner will distribute Barrington’s food products, including infant, toddler, and adult formulas to retail outlets throughout Vietnam.
Vietnam has a population of over 77 million people and trade relations between Vietnam have normalised with the US in recent years, putting “American” made products in high demand.
The first container of products to Vietnam is scheduled for March 2002 shipment out of the Port of Oakland, CA. To date, the company has received purchase order invoices for US$47,000 in products at wholesale from the joint venture.
Barrington Foods is establishing banking and financial relationships for the issuance of international Letters of Credit to facilitate the shipment of product to Vietnam and other parts of Southeast Asia.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
