CHINA HUAWANG WINE GROUP Vietnam Branch received foreign investment license to help business development in South-east Asia!

CHINA HUAWANG WINE GROUP Vietnam Branch received foreign investment license to help business development in South-east Asia!

At present, with the acceleration of economic globalization, owning internationally renowned brands has become an important means for first-class companies to develop markets. CHINA HUAWANG WINE GROUP has deployed overseas business from the beginning of its establishment, radiating from point to line and then to the whole world, and continues to move towards We are moving forward at full speed with the vision of "CHINA HUAWANG, GLOBAL CAREER".

On October 11, 2023, CHINA HUAWANG WINE GROUP’s Vietnamese market ushered in a major breakthrough. With the concerted collaboration of Vietnam General Manager Xu Yong and middle and back-office personnel, CHINA HUAWANG WINE GROUP LIMITED (Vietnam) Branch "HUAWANG VIETNAM COMPANY LIMITED” officially obtained the Investment Registration Certificate (IRC) from the Ministry of Industry and Commerce of Vietnam.

This business breakthrough in the Vietnamese market is a new development point for CHINA HUAWANG WINE GROUP to go overseas to Southeast Asia. After obtaining Vietnam's foreign investment license, CHINA HUAWANG WINE GROUP will be able to enjoy ASEAN import and export in accordance with relevant local laws and policies in Vietnam when it enters Vietnam. Policy support such as tariff and origin preferences, import and export tariff preferences, etc.

Southeast Asia is a key area for high-quality joint construction of the "Belt and Road Initiative", and Vietnam is one of the countries with the fastest economic growth in Southeast Asia. This business cooperation is of great significance to CHINA HUAWANG WINE GROUP's overseas market and will provideCHINA HUAWANG WINE GROUP with a strong presence in Vietnam. The pioneering work is licking bricks and tiles!

This business development in the Vietnamese market is an epitome of CHINA HUAWANG WINE GROUP's global business. In the future, it will continue to expand into more markets, enhance its core competitiveness, and make CHINA HUAWANG WINE GROUP a strong leader in the Chinese liquor industry!