King Coffee and Tin Thanh Group become production and trade partners in the US
- 166
- Enterprise
- 01:57 20/03/2023
DNHN - King Coffee and Tin Thanh Group became strategic partners in the United States in the production and trade sectors. The first project between the two organizations will be the construction of a tire filling and recycling plant in South Carolina.
![A Representative of King Coffee took a souvenir photo with Mr. Nguyen Quoc Dung - Ambassador of Vietnam to the US. A Representative of King Coffee took a souvenir photo with Mr. Nguyen Quoc Dung - Ambassador of Vietnam to the US.](https://media.doanhnghiephoinhap.vn/uploads/2023/03/20/1-1679252139.jpg)
On March 14, the groundbreaking ceremony for this factory project was held with the participation of Mr. Nguyen Quoc Dung, the Ambassador of Vietnam to the United States, as well as the State Governor, Congressman, and other South Carolina leaders. Mr. Mathew Connelly is the chairman of Allendale County Council in the state of South Carolina.
On the side of Tin Thanh Group were the attendance of Mr. Tran Dinh Quyen - Chairman of the Group and Mr. Kevin Nguyen - Director of the Americas region of King Coffee.
![Illustration Illustration](https://media.doanhnghiephoinhap.vn/uploads/2023/03/20/2-1679252139.jpg)
![King Coffee is served at the Opening ceremony. King Coffee is served at the Opening ceremony.](https://media.doanhnghiephoinhap.vn/uploads/2023/03/20/2-1660121785-1679252139.jpg)
Mr. Kevin Nguyen, King Coffee's representative, stated at the groundbreaking ceremony, "King Coffee is the leading coffee group in Vietnam, exporting to over 120 countries and territories worldwide. Vietnam is also the world's leading coffee producer, with Robusta coffee exports ranking first. Since 2016, King Coffee has been sold in all Vietnamese and American supermarkets in the United States, including Cosco, Aldi, Amazon, and Walmart... Additionally, in April 2021, King Coffee opened. The first coffee shop is located at Anaheim GardenWalk (near Disneyland) and will soon franchise in the United States.
Regarding the investment in the Tire Filling and Tire Recycling Factory in South Carolina, Ms. Le Hoang Diep Thao – Founder and General Director of King Coffee, stated, "This is an important step in King Coffee and Tin Thanh Group's strategic cooperation in the United States. King Coffee will strengthen its competitive advantage in the United States through this business partnership.
![Mr. Tran Dinh Quyen - Chairman of Tin Thanh Group (left), Representative of King Coffee, and Mr. Henry Dargan McMaster - Governor of South Carolina (center). Mr. Tran Dinh Quyen - Chairman of Tin Thanh Group (left), Representative of King Coffee, and Mr. Henry Dargan McMaster - Governor of South Carolina (center).](https://media.doanhnghiephoinhap.vn/uploads/2023/03/20/3-1679252139.jpg)
Mr. Tran Dinh Quyen, Chairman of Tin Thanh Group, affirmed King Coffee's role as Tin Thanh Group's strategic partner in the United States. He believes that by combining the strengths of two corporations, King Coffee - Vietnam's leading coffee brand - and Tin Thanh Group - a pioneer in using renewable energy and reducing global emissions, this partnership will be mutually beneficial, creating local employment opportunities and contributing to the economic and community development of South Carolina.
Tin Thanh Group is a pioneer in the use of renewable energy and the reduction of global emissions, pursuing a multi-industry business, sustainable development for an ever-improving environment, and deflation. significant emissions for the planet.
My Dung
Related news
- Businesses need to increase adaptability to join the global supply chain
- Agricultural exports are forecast to reach nearly 60 billion USD in 2024
- General Secretary Nguyen Phu Trong: An outstanding politician, a great theorist
- Why is bank security very important?
- Export businesses face difficulties as sea freight rates rise
- Banks and challenges in funding green projects
- Strategies for innovation to adapt and seize opportunities by enterprises
- The Ho Chi Minh City Friendship Dialogue and the Ho Chi Minh City Economic Forum will take place in September 2024
- Why is it necessary to implement the direct electricity purchase mechanism soon?
- How are bank bond interest rates attractive to investors?
- Bamboo Airways aims to break even and become profitable by 2025
- Overcoming rising input costs and supply challenges in business
- The strong growth of air travel demand in Vietnam
- New proposal on petroleum business: Enterprises can have the freedom to set retail prices
- Electric vehicle market share in Vietnam: Development trends and challenges
- Farm School - What legal framework is needed for this new model?
- Digital transformation in the banking sector: The future direction of financial services
- EuroCham: European enterprises confident in Vietnam's long-term economic growth
- The journey from Nghe An fields to the TH True Milk brand
- Why support taxi businesses transitioning to electric vehicles?
Đọc thêm Enterprise
Removing the bottleneck of capital shortage for small and medium-sized enterprises
“Although the economy shows signs of recovery, operations still face many challenges, with uneven recovery across sectors in terms of orders, legal barriers, and difficulties in accessing capital to maintain and expand production and business."
Businesses need to increase adaptability to join the global supply chain
Although the supply chain has gradually been restructured, in reality, most of Vietnam's industrial enterprises are still small and fragmented, unable to deeply participate in the value chain.
Vingroup supported VinFast and global expansion strategy
The Vingroup conglomerate, chaired by Mr. Pham Nhat Vuong, has extended significant loans to electric vehicle manufacturer VinFast, alongside considerable investments in the company.
Strategies for innovation to adapt and seize opportunities by enterprises
Our businesses have affirmed creativity and flexibility through applying innovative strategies, enhancing competitiveness. Therefore, the business community is well aware of the importance of innovation to adapt and seize opportunities.
Innovation Forum InnoEx 2024 will attract over 4,000 CEOs and about 85 investment funds
InnoEx 2024 – the Innovation Forum and Exhibition will be held on August 22 – 23, 2024 at Thiskyhall Sala Exhibition Center, Thu Duc City. The event will gather 150 startups from Vietnam and Southeast Asia, 85 investment funds, and 4,,000 CEOs…
New proposal on petroleum business: Enterprises can have the freedom to set retail prices
In a recent draft, the Ministry of Industry and Trade maintains the viewpoint that enterprises should calculate petroleum prices based on state-published factors.
EuroCham: European enterprises confident in Vietnam's long-term economic growth
Nearly 70% of businesses express confidence in Vietnam's economic growth over the next five years, with many companies ready to recommend Vietnam as an investment destination.
Textile enterprises need to change production strategies
To participate in the supply chain, textile enterprises must change their production strategies through process improvements, innovation in machinery and equipment, technology updates and greening of production stages to enhance quality.
Solutions to enhance information transparency of domestic listed companies
Experts from the Banking Academy's Institute of Scientific Research have proposed solutions to enhance the information transparency of domestic listed companies.
Removing difficulties and protecting domestic steel manufacturing enterprises
The steel industry faces many difficulties and challenges in the context of international competition and market fluctuations. Therefore, solutions are needed to remove these difficulties and create favorable conditions for the industry.