Conference helps connect Central Highlands provinces, RoK enterprises

August 02, 2024 - 15:40

Businesses in the Central Highlands provinces of Việt Nam inked 36 memorandums of understandings with partners from the Republic of Korea (RoK) at a trade promotion conference held in Lâm Đồng Province on Thursday.

Enterprises in the Central Highlands region have signed 36 memorandums of understanding with 29 Korean enterprises. — VNA/VNS Photo

LÂM ĐỒNG — Companies in the Central Highlands provinces of Việt Nam inked 36 memorandums of understandings with partners from the Republic of Korea (RoK) at a trade promotion conference held in Lâm Đồng Province on Thursday.

The event drew the participation of 29 Korean firms and 74 enterprises based in the Central Highlands provinces of Lâm Đồng, Đắk Lắk, Gia Lai, Kon Tum and Đắk Nông.

In his opening remarks, Dương Quốc Anh, director of the Trade, Tourism and Investment Promotion Centre of Lâm Đồng, highlighted the strong growth of the cooperative relationship between Việt Nam and the RoK across various fields, including trade and investment, adding that the Central Highlands region, which boasts great natural resources, friendly people and diverse culture, has become an attractive destination for investors.

Cho Beob, vice president of RoK Y Mart Retail Group, said that by participating in this conference, he wanted to work directly with Vietnamese enterprises and seek best local products for trading. He went on to say that Koreans like coffee and cocoa, so he is particularly looking for these types of products.

Trần Hải Linh, chairman of the Việt Nam - Korea Business and Investment Association (VKBIA), said that ample room remains to promote trade cooperation between Việt Nam and the RoK.

According to him, the conference in Lâm Đồng offered a good chance for the business community of the two countries to implement business-to-business (B2B) and business-to-consumer (B2C) activities. — VNS

Tags Central Highlands South Korea foreign investment

Vietnamese fresh pomelo officially allowed for import into South Korea

Pomelo has become the third fresh fruit from Việt Nam permitted for import into South Korea, joining dragon fruit and mango.

Economy

Việt Nam expects next large wave of investment from South Korea

Việt Nam expects a strong investment wave from South Korea amounting to tens of billions of dollars soon, according to the Foreign Investment Agency.

Economy

Việt Nam and South Korea step forward in co-operation to promote start-up ecosystem

The MoU is an important step in enhancing co-operation to promote the start-up ecosystem and exchange human resources between the two countries.

VRG's revenue surges 6.5% in 2024

Economy

Vinhomes gets green light from SGX for bond issuance

Economy

MoU signed to establish cell, stem-cell quality control centre in Việt Nam

Economy

Prudential Vietnam and HSBC Vietnam enter bancassurance partnership

Economy

Fighting waste important to create resources for development: MoIT

Economy

Tapping into a trillion-dollar market

More on this story

Economy

Masan Consumer shares sensory science insights at SPISE 2024

Masan Consumer has shared insights into sensory and consumer science at the Summer Programme in Sensory Evaluation (SPISE) 2024 held in HCM City.

Economy

Việt Nam emerges as EU's top ASEAN exporter under EVFTA

The country’s export value to the EU has skyrocketed by nearly 50 per cent, solidifying its position as the EU’s leading trading partner in ASEAN.

Economy

More than 6,800 enterprises resume operations in July

More than 6,800 enterprises resumed operations in July, up 26.2 per cent over the previous month but down 0.7 per cent from the same period last year, according to the Agency for Business Registration (ABR) under the Ministry of Planning and Investment.

Economy

Shinhan Bank and PVI Insurance sign strategic cooperation agreement

The tie up marks a milestone for sustainable collaboration between Shinhan Bank and PVI Insurance, thereby leveraging the strengths of both parties in offering customers optimal, secure and convenient financial protection solutions.

Economy

Sacombank profit tops $213 million in H1

Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) reported profit before tax of VNĐ5.34 (US$213 million) for the first half of the year, a year-on-year increase of over 12 per cent and equivalent to 50.4 per cent of the full-year target.

Economy

Việt Nam among Southeast Asia's fastest-growing economies next decade: Report

The six leading economies in Southeast Asia, including Việt Nam, the Philippines, Indonesia, Malaysia, Thailand and Singapore, are projected to grow at an average annual rate of 5.1 per cent over the next decade.

Economy

Vietnamese fresh pomelo officially allowed for import into South Korea

Pomelo has become the third fresh fruit from Việt Nam permitted for import into South Korea, joining dragon fruit and mango.

Economy

VinaCapital upbeat about Việt Nam’s stock market

Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year, despite foreign investors’ heavy net selling.

Economy

Used car market sees a robust recovery: report

The domestic used car market has shown a robust recovery in the first half of 2024, marking a significant turnaround from the downturn experienced in 2023, according to industry insiders.