Vietnam-RoK businessmen association establishes chapter in Gyeonggi
Vietnam-RoK businessmen association establishes chapter in Gyeonggi province
The Vietnam – Korea Businessmen and Investment Association (VKBIA) held a ceremony in Seoul on December 21 to announce a decision to establish its chapter in Gyeonggi province, a move to expand its membership and enhance Vietnam – Korea investment connectivity.
Seoul (VNA) – The Vietnam – Korea Businessmenand Investment Association (VKBIA) held a ceremony in Seoul on December 21 toannounce a decision to establish its chapter in Gyeonggi province, a move toexpand its membership and enhance Vietnam – Korea investment connectivity.
Speaking at the event, VKBIA Chairman Tran Hai Linh briefedVKBIA’s outstanding activities 2019, including promoting cooperation betweenVietnamese and Korean firms and adopting Korean technologies in Vietnam’sagricultural products, thus bringing more Vietnamese farm produce to theRepublic of Korea (RoK) and the world.
Linh expressed wish to expand its network to Asan, Daegu,Daejeon, adding that VKBIA plans to debut its chapters in the north, centraland south of Vietnam in January – February 2020.
The Gyeonggi provincial chapter will be led by Phan Thi Hoa.
Investment Counsellor at the Vietnamese Embassy in the RoK DinhThi Tam Hien introduced the Vietnamese government’s investment incentives toforeign investors, including those from the RoK in particular.
The VKBIA was founded on September 25, 2019. It now has theGyeonggi provincial chapter and the first chapter in the south (Busan –Cheollanamdo region) that was set up on November 21, 2019./.
Vietnamese Minister of Science and Technology Chu Ngoc Anh and Minister of Science and ICT of the Republic of Korea (RoK) Choi Kiyoung on November 27 signed an agreement to co-finance research projects from 2019 – 2020.
Joint efforts of Vietnam and the Republic of Korea (RoK) in dealing with difficulties to promote the bilateral comprehensive cooperation have resulted in miracles in partnership between the two countries, stated Prime Minister Nguyen Xuan Phuc.
Prime Minister Nguyen Xuan Phuc has affirmed that Vietnam attaches importance to cooperation with the Republic of Korea (RoK), and stands ready to serve as a bridge to further promote ASEAN – RoK and Mekong – RoK cooperation frameworks.
Cooperation in national defence between Vietnam and the Republic of Korea has developed continuously with the signing of many agreements and MOUs, Vietnam’s defence attaché in the RoK Dinh Hung Tuan highlighted at a ceremony in Seoul on December 17.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
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Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
At the event (Photo: VNA) 
