Wineries in Vietnam trade mission

Published 2024년 4월 8일

Tridge summary

Next week, an 11-winery trade mission from South Australia, organized by the Australian-Vietnamese Chamber of Commerce (SA) – AVCC, is set to explore the Vietnamese wine market, which has shown promising growth with revenues hitting US$229.20 million in 2023 alongside a 2.5 percent increase in volume. The 'SA Wine Connect 2024' event, backed by Austrade, the Department for Trade and Investment (SA), and VietTrade, will be held in Ho Chi Minh City and Hanoi, aiming to draw over 300 trade buyers, influencers, and attendees through masterclasses and industry tastings. This initiative, following the recent inauguration of a new AVCC office in Hanoi, underscores the strengthening economic relations and burgeoning opportunities for South Australian wine exporters in Vietnam's dynamic market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

An 11-winery trade mission to Vietnam from South Australia next week aims to boost sales in the fast-growing wine market. Vietnam had wine revenues of US$229.20 million in 2023 and a volume increase of 2.5 percent this year. The initiative of the Australian-Vietnamese Chamber of Commerce (SA) – AVCC – it is being hosted in Ho Chi Minh City and HaNoi. ‘SA Wine Connect 2024’ is being supported by Austrade, the Department for Trade and Investment (SA) and VietTrade. Participating wineries include Turkey Flat, First Drop, Sorby Adams, Ottelia Innes, HighBank, Metala Wines, Paracombe, Armstrong Wines, Mitolo, Betty’s Choice and Maison Blue wines. There will be masterclasses in Ho Chi Minh City where organisers are expecting 100 trade buyers and influencers. The industry tastings for Shiraz and Cabernet Sauvignon wines are expected to attract 200 attendees. AVCC president David Dean says Vietnam’s appetite for wine is buoyed by its “dynamic economy” enjoying an average seven percent ...

Source: Wbmonline