The forum was attended by more than 500 delegates, including leaders of ministries, sectors, localities and enterprises of Vietnam and Korea. This is an extremely important event, a good opportunity for leaders and enterprises of the two countries to share and discuss key goals in promoting bilateral investment and trade relations.
The year 2024 marks the best year in the relationship between Vietnam and Korea. Korea is currently ranked No. 1 in direct investment, No. 2 in development cooperation and tourism, and No. 3 in labor and trade cooperation.
In particular, South Korea is currently the largest foreign direct investment (FDI) partner with 87 billion USD of registered capital as of April 2024, accounting for 18.25% of total FDI capital in Vietnam. Bilateral trade turnover in 2023 reached 76.1 billion USD. In the first 4 months of 2024, export turnover between the two countries reached 25.5 billion USD, up 4% over the same period in 2023.
In addition, bilateral cooperation between Vietnam and Korea is also being constantly promoted and expanded in many fields, including: urban transport infrastructure, healthcare, education and training, environment; clean energy, information technology, etc.
Speaking at the forum, Prime Minister Pham Minh Chinh emphasized that over the past three decades of establishing diplomatic relations, the relationship between the two countries has never been as good as it is now. The friendly, trustworthy and substantive cooperation between Vietnam and the Republic of Korea is in a very good stage of development on the basis of sharing common values and strategic interests.
The ceremony to exchange the minutes of cooperation agreement took place within the framework of the Vietnam - Korea Business Forum held in Seoul (Korea) on July 1.
Within the framework of the Forum, under the witness of senior leaders of Vietnam and Korea, CMC Corporation successively exchanged memorandums of understanding on cooperation between the corporation and two Korean partners, KSP Steel and RSupport, to promote the application of technology solutions and promote the digital transformation process for Korean partners.
Specifically, the content is presented through advanced technologies such as developing MES systems, smart factory solutions, applying AI artificial intelligence technologies to promote digital transformation activities of these businesses...
Mr. Nguyen Ngoc Giang, representative of CMC Group and Mr. Choi Jae Sam, Director of Technology, KSP Steel exchanged the Memorandum of Cooperation Agreement witnessed by Prime Minister Pham Minh Chinh and senior leaders in Korea.
Having cooperated with many leading Korean technology companies and corporations, CMC is proud to play the role of a leading partner in digital transformation, not only providing advanced technology solutions but also accompanying the digital transformation process in Korea, demonstrating the Group's strong commitment to investing and developing technology, especially in the field of artificial intelligence (AI). Recently, the Group officially opened an office in Korea, once again affirming CMC's commitment to expanding and investing in the land of Kim Chi.
CMC Chairman Nguyen Trung Chinh met with Samsung Group Chairman Lee Jae Yong on the sidelines of the Vietnam-Korea Economic Forum.
Mr. Nguyen Trung Chinh, Chairman of the Board of Directors of CMC Corporation shared: "CMC is very honored to be chosen as a trusted partner, solving IT problems of leading Korean enterprises on the digital transformation journey. We will continue to fulfill our commitments to contribute to the development of advanced technology solutions, towards a brighter and more sustainable future. Through that, CMC not only wants to make its mark on the global technology map but also wants to contribute to building a livable and prosperous digital society in Korea."
With over 31 years of development, CMC Corporation will cooperate with partners to solve current challenges such as climate change and take the lead in green technology trends, contributing to the development of advanced technology solutions for a sustainable future. CMC's commitments to cooperate with Korean enterprises are a testament to its dedication to Korea's digital transformation journey, with the desire to support them in applying advanced technology and achieving digital transformation goals.
Source: https://www.cmc.com.vn/insight-detail/cmc-trao-bien-ban-ghi-nho-voi-doi-tac-han-quoc-tai-dien-dan-doanh-nghiep-viet-nam-han-quoc-202407028341.html
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