Expo showcases Korean cultural products in HCM City
More than 100 businesses from the Republic of Korea and other nations are displaying their products at the Korea Brand & Entertainment Expo (KBEE) that began in Ho Chi Minh City on November 8.
KOTRA Chairman and CEO Kim Jae Hong speaks at the event (Source: VNA)
HCM City (VNA) – More than 100businesses from the Republic of Korea and other nations are displaying theirproducts at the Korea Brand & Entertainment Expo (KBEE) that began in HoChi Minh City on November 8.
The event, part of activities to celebrate the25th founding anniversary of Vietnam-RoK diplomatic ties (December22), is hosted by the Korea Trade-Investment Promotion Agency (KOTRA).
Several Vietnam-RoK trade promotion eventswill take place during the three-day event. Visitors will have a chance to see modern cosmeticproducts and other household products.
Other activities promoting cultural, economic,education exchanges will be held, including a workshop on RoK-Vietnam educationtechnology, a job fair, and art performances.
Addressing the opening ceremony, KOTRAChairman and CEO Kim Jae Hong said the RoK is the second largest trade partnerof Vietnam and the biggest foreign investor in the country, adding that culturalexchanges have enhanced mutual understanding between the two nations.
RoK enterprises want to seek Vietnamesepartners during the exhibition, he said, expressing hope that the event helpfirms explore the ASEAN market.
The KBEE started in Thailand in 2010 and hasbeen held in nations across the world, including France, the UK, Japan, andChina.-VNA
Information on Vietnam’s advantages, preferential policies and orientations in the mechanical and electronic field was updated at a workshop in Seoul, the Republic of Korea (RoK), on June 8.
The Republic of Korea topped the investor line-up in Vietnam with over 50 billion USD as of the end of 2016, according to statistics from the Korea Trade-Investment Promotion Agency.
The Republic of Korea has established a support center for businesses operating in Jakarta, Indonesia, to serve as a help desk on the bilateral free trade agreement (FTA) with the Southeast Asian country, Yonhap reported.
Vietnamese businesses have not yet made the most of opportunities from the Vietnam-Korea Free Trade Agreement (VKFTA) to increase exports to the Republic of Korea (RoK) market.
A quarter of a century of diplomatic relations between Vietnam and the RoK has yielded substantial progress, especially in investment and trade, said Bui Huy Son, head of Vietrade.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
KOTRA Chairman and CEO Kim Jae Hong speaks at the event (Source: VNA)
