HKTDC Extends Cooperation with Veronafiere at Wine Fair

June 16, 2018

The Hong Kong Trade Development Council (HKTDC) signed a cooperation agreement with Veronafiere S.p.A. to bring wineries from Italy to Hong Kong to exhibit at the Hong Kong International Wine & Spirits Fair.

Veronafiere, through its Vinitaly brand, has been in partnership with the HKTDC since 2009, primarily promoting Italian companies through its Vinitaly Pavilion at the Wine & Spirits Fair. 

At the 2018 edition, the Vinitaly Pavilion will launch a new dedicated olive oil section that features a tasting bar as well as workshops.

According to the HKTDC, the 2017 edition of the Wine & Spirits Fair featured 1,070 exhibitors worldwide, of which 186 were from Italian wineries showcasing their wines and spirits.

HKTDC Deputy Executive Director Benjamin Chau, commented on the cooperation, “This year marks the tenth anniversary that the HKTDC and Veronafiere have joined forces to spotlight the acclaimed Vinitaly Pavilion at our Wine & Spirits Fair. It is therefore an exciting occasion that the HKTDC and Veronafiere, as the organisers of two prominent wine fairs across the continents, renew the cooperation agreement today, which will strengthen our strategic alliance and set out the scope for ongoing collaboration with Italian wine producers.”

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.