Vietnam, RoK SMEs boost cooperation
The Korea Federation of Small and Medium Business (KBIZ) is strongly committed to promoting cooperation between small and medium-sized enterprises (SMEs) of the two countries for mutual benefit.
This was declared by KBIZ Chairman Kim Ki-m Un at a meeting with the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi on September 9 within the framework of RoK President Park Geun-hye’s visit from September 7-11.
In reply, VCCI Chairman Vu Tien Loc stressed the importance of SMEs in economic development and the need to strengthen bilateral cooperation with a focus on high-tech and value-added products and support industries.
He expressed his hope that the VCCI and KBIZ will act as a bridge between the two business communities.
On this occasion, the two organisations signed a cooperation agreement providing a legal framework for closer cooperation in trade, investment and support industries.