Vietnam, RoK firms join hands in green technology development

A memorandum of understanding (MoU) on investment and scientific-technological cooperation between firms of Vietnam and the Republic of Korea (RoK) was inked in Hanoi on February 18.

vietnam, rok firms join hands in green technology development hinh 0
At the signing ceremony (Photo: VNA)

The MoU was signed by the project management unit of the Vietnam Climate Innovation Centre (VCIC) under the Ministry of Science and Technology and the Vietnam-Korea Businessmen and Investment Association (VKBIA).

It will help VCIC-backed firms which operate in green and environmentally-friendly technology development to connect with partners from the RoK in regards to trade, services, investment and technology transfer.

The VKBIA will also help arrange thematic trade promotion conferences in the RoK, training programmes for start-ups and meetings with investors and experts.

Speaking at the signing ceremony, Vice President of the Korea Chamber of Business in Vietnam (KorCham) Hong Sun said that the event marks a major milestone for the development of the RoK-Vietnam relations.

He underlined that KorCham will sign a comprehensive cooperation agreement with the VKBIA to further promote the bilateral trade.

VNA