Vietnamese, ROK SMEs look to beef up trade links

Wednesday, 2021-11-17 12:19:17
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Vietnamese Ambassador to the RoK Nguyen Vu Tung speaks at the event. (Photo: VNA)
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NDO/VNA – A pitching day to promote trade connection between small medium-sized enterprises (SMEs) of Vietnam and the Chungcheong region of the Republic of Korea (ROK) took place both in face-to-face and online forms in Daejeon city on November 16.

Jointly held by the Taejon Broadcasting Corporation (TJB) and the Korea Federation of SMEs (KBIZ), the event attracted the participation of representatives from over 50 businesses in the region.

Addressing the event, Vietnamese Ambassador to the ROK Nguyen Vu Tung expressed his belief that the event will contribute to expanding trade promotion activities and economic cooperation between the business communities of the two countries.

He emphasised that as one of the leading administrative - scientific - industrial centres in the ROK, the Chungcheong region gathers all favourable elements to pioneer in promoting trade and investment activities, and people-to-people exchange between the two countries.

As the COVID-19 pandemic causes negative impacts on life, socio-economic situation, especially production and business activities of enterprises, the event is hoped to help connect and create market access opportunities for both Vietnamese and Chungcheong SMEs.

At present, a large number of Vietnamese expats are living, studying and working in the ROK locality. Cooperation and twinning activities between Chungcheong and Vietnamese localities are very substantive.

In recent times, Vietnam’s agricultural products, processed food, and consumer goods have been more and more consumed in Chungcheong.

In 2019, the TJB also organised a similar event in the Chungnam region, which covers Chungcheongnam province, Daejeon and Sejong cities.