SEJONG, April 2 (Korea Bizwire) — Domestic sales of soju, a distilled Korean liquor, rose slightly last year, while those of “makgeolli,” a traditional rice-based alcoholic beverage, contracted for the sixth year in a row, government data showed Sunday. A total of 1.31 million kiloliters of soju was sold last year, up 0.5 percent from [...]
SEOUL, March 23 (Korea Bizwire) — Hite Jinro Co., a major South Korean liquor maker, said Friday it will soon ship 30,000 bottles of its new “Chamnamootong Margeunisul” soju, the traditional Korean distilled liquor, to Hong Kong. The premium soju will be distributed to restaurants, supermarkets and bars through local distributors. The new brand with [...]
SEOUL, March 21 (Korea Bizwire) — Hite Jinro Co., a major South Korean liquor maker, said Wednesday outbound shipments of its products nearly tripled over the past 20 years, as it moves to expand its presence in the global market. Exports of the company’s alcoholic beverages came to 94 billion won (US$87.8 million) last year, [...]
SEOUL, March 16 (Korea Bizwire) — South Korean exports ranging from entertainment and sports to alcohol are finding success in Vietnam. Recent media reports stated that “Go Go Sisters”, a Vietnamese adaptation of the 2011 South Korean coming-of-age blockbuster “Sunny”, took pole position at Vietnam’s box office in the first weekend after its release. In [...]
SEOUL, Jan. 16 (Korea Bizwire) — Hite Jinro Co., South Korea’s leading liquor manufacturer, said Tuesday it has established a new branch in Vietnam, as it attempts to tap deeper into the large Southeast Asian market. The launch of the new branch in Ho Chi Minh City came two years after the company set up [...]