VKBIA promotes Vietnam – Korea business connectivity
VOV.VN - A delegation of the Vietnam - Korea Entrepreneurs & Investment Association (VKBIA) recently made a fact-finding trip to the Central Highland province of Lam Dong to explore cooperation opportunities between Vietnamese and Korean localities in the fields of trade, investment, tourism, infrastructure construction, and human resources development.
Representatives of Anyang city of Gyeonggido province and Hampyeong city of Jeollanamdo province of the Republic of Korea also joined the delegation during the November 8-10 trip.
Cooperation between Lam Dong and Korean localities has been enhanced in recent times through visit exchanges partly coordinated by VKBIA. The RoK side has launched direct flights to Lam Dong, helping to boost tourism development between the two sides. Statistics show approximately 360,000 Korean nationals travelled to the Vietnamese locality between Jan. – Oct. 2023, a year on year rise of 54%.
Meanwhile, some of Lam Dong’s specialties such as coffee, artichokes and macadamia have made inroads into the Korean market, winning local consumers’ hearts.
At a reception for the VKBIA delegation on November 8, vice chairman of the Lam Dong provincial administration Pham S briefed his guests on the locality’s development potential and suggested closer cooperation, especially in the fields of their strength, between the two sides.
The VKBIA delegation also held a working session with the Lam Dong Business Association on the same day. The two sides signed a memorandum of understanding on cooperation rto provide support for their businesses in future.
VKBIA launched the Vietnam - Korea Cooperation Support Center office in Da Lat city of Lam Dong province, to support and connect businesses of the two countries.
The VKBIA delegation also called at several economic establishments in Lam Dong that specialize in tourism services and specialties, to gain an insight into local development potential.
The delegation later travelled to Ho Chi Minh City where they had a working session with the management of the Association of Small and Medium Enterprises in the Southern Region (ASMES), and signed a strategic cooperation agreement with ASMES.
The two sides agreed to create links between Vietnamese and Korean businesses to help them engage in the supply chain and strengthen their capacity to prioritize the use of services and consumption of goods between the parties. They also consented to conduct training programs and expertise exchanges, and to promote cultural exchange activities between Vietnam and the Republic of Korea.
The VBKIA delegation also visited several farm product processors and tour operators in Ho Chi Minh City.
