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Dx&Vx "Ofmom signs a $4 million export contract with Vietnam"

2024.06.24



Dx&Vx's Ofmom brand has successfully entered the Vietnamese market.

Dx&Vx announced on the 24th that it has signed an export supply contract worth 4 million dollars with Vietnam's Opmei for Ofmom brand products.

The products to be produced and supplied through this export contract are the Ofmom brand Mate series, developed by the COREE Italy AAT Research Institute based on the European-patented Synteract technology.

The company plans to expand its exports to overseas markets, including Japan and the United States, following its exports to China and Southeast Asia, focusing on diet probiotic products.

Opmei is a local company in Vietnam that directly distributes and sells health and beauty (H&B) products in online and offline markets. It has entered over 1,000 stores nationwide, including the specialized infant products store 'Con Cung,' and has also entered nationwide H&B offline distribution channels currently in cooperation.

In the third quarter of this year, Opmei plans to open Ofmom and Dx&Vx brand stores on Vietnam's top three online shopping malls: Tiktok, Shopee, and Lazada.

Park Sung Rak, director of Dx&Vx, stated, "This Vietnamese export contract will serve as a bridgehead to open the entire Southeast Asian market," adding, "In the second half of the year, we will accelerate our overseas market development, aiming to generate 30% of our healthcare performance from overseas markets."