South Korea

Consumers in South Korea can purchase Vinamilk's products through e-commerce websites. Pic: Vinamilk

Vinamilk looks to South Korea market expansion

By Jim Cornall

Vietnamese dairy giant Vinamilk already had a sweetened condensed creamer in the South Korean market, but now it is launching soymilk and milk tea to further expand its sales in the country.

Sixty-one percent of Koreans said sleeping disorders impact their current health. Pic: Getty Images/zGel

news in brief

New health claim for Lactium in South Korea

By Jim Cornall

Ingredia’s product Lactium has been recognized by the Korean Ministry of Food and Drug Safety as a functional ingredient for health functional foods.

Fonterra is hoping to grow sales of cheese in South Korea following growth in exports since a free trade agreement signed in December 2015. pic: ©iStock/colematt

Fonterra looks to cheese to grow Korean market

By Jim Cornall

As New Zealand marks the one-year anniversary of its Free Trade Agreement (FTA) with South Korea, Fonterra Co-operative Group says it is looking to grow sales of its dairy products there, particularly cheese.

Ari Mervis has been appointed CEO and MD of Murray Goulburn; he takes up the position in February, 2017.

Ari Mervis appointed CEO and MD of Murray Goulburn

By Jim Cornall

The chairman of Murray Goulburn Co-operative Co. Limited (MG), Philip Tracy, has announced that the board of directors has appointed Ari Mervis as the new CEO and MD of MG and MG Responsible Entity Limited.