Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Orion Corp., a popular confectionery and snack in South Korea, has joined forces with the Dutch Mill Co. brand to tap into the booming dairy market in Vietnam. The company announced on Tuesday, Aug. 8, that its strategic partnership with the leading dairy company in Thailand will officially mark its entrance into the Vietnamese dairy beverage sector.
Orion Corp. revealed that while the team-up was only revealed this month, its collaboration with Dutch Mill was actually solidified in December 2022. This was around the time when the Vietnamese unit of the Korean snack maker secured an exclusive deal to sell Dutch Mill products in the region.
According to The Korea Economic Daily, the yogurt manufacturer has dominated the Thai market since its launch in 1984. It is holding a large 70% market share and boasts of an extensive network and exports to about 20 countries.
As part of the agreement, consumers in Vietnam will see the launch of Proyo! and Choco IQ products which are flagship brands of Dutch Mill Corp. Orion, is also planning to release more items in the coming months.
"It's significant that our Vietnam subsidiary has found new growth drivers through new categories," the representative of Orion company said in a statement. "Armed with our robust sales strategies, we're poised to rapidly establish a foothold and aim to cement our position as the premier food enterprise in the region."
Meanwhile, Korea's Etoday reported that Proyo! is a natural fruit-based yogurt drink that is being marketed for growing children. It offers a fresh taste of naturally fermented fresh milk infused with healthy probiotics and concentrated fruit juice. Customers can buy these in three flavors - blueberry, strawberry, and orange.
On the other hand, Choco IQ is made with malt, which is rich in nutrients. This chocolate drink contains 14 nutrients for growing children, such as B vitamins, iron, calcium, and phosphorus.
Photo by: Dinkun Chen/Wikimedia Commons(CC BY-SA 4.0)
