Hanoi (VNA) - The Bank for Development and Investment of Vietnam (BIDV)and the KBIZ Vietnam Federation of Korea SMES (KBIZ-VN) signed acomprehensive cooperation agreement on September 17 in Hanoi.
Under the agreement, BIDV willprovide favourable conditions for KBIZ-VN to participate in conferencesand events held by the bank, thus attracting RoK businesses to invest in Vietnam.The Vietnamese bank will also work with KBIZ-VN in advertising banking productsand services as well as developing new ones suitable for RoK firms.
In addition, the bank willprovide legal consultancy service, merger and acquisition advice and connectingindustrial parks and processing zones in Vietnam for KBIZ-VN’s members andpartners.
KBIZ-VN will facilitate BIDV in meeting with RoK enterprises as well asproviding information of its investors in Vietnam.
KBIZ-VN has nearly 3.55 million member companies worldwide. Of which, it connectsmore than 2,000 members out of some 8,000 RoK firms operating in Vietnam./.
