Hanoi (VNA) – The first-ever Maekyung Korea-Vietnam Forum is scheduled toopen in Hanoi on December 6 as part of activities to celebrate the 25th anniversary of Vietnam-Republic of Korea (RoK) relations.
Organised by Seoul-based Maekyung Media Group, the Korea Cultural IndustryForum and the Vietnam Chamber of Commerce and Industry (VCCI), the forumfocuses on building new partnerships, gathering some 350 participants, of whom70-80 people are CEOs.
“Since the beginning of diplomatic relations between the RoK and Vietnam in1992, the two countries have developed a strong bond. Now the two states areliving under a “one-day living zone”, said Chang Dae-whan, Chairman and Publisherof Maekyung Media Group.
“This year’s Korea-Vietnam Forum will be an opportunity to gather the brilliantminds of the world to find ways to reinvigorate the Korean economy throughstrengthening its ties with Vietnam,” Chang said.
Vietnam and the RoK’s fourth largest trading partner and investment destinationwhile the RoK is Vietnam’s third largest trading partner and largest foreigninvestor.
Trade between the two nations has increased 91-fold, from 500 million USD in1992 to 45.1 billion USD in 2016. The ASEAN-Korea FTA (2005), Vietnam’s joiningof the World Trade Organisation in 2007, and the Vietnam-Korea FTA (2015) havecontributed to expanding bilateral trade.
[PM promises optimal conditions to Korean investors]
“The investment of RoK companies in Vietnam has gradually advanced fromlabour-intensive industries such as sewing and textiles to high value-addedones. In particular, business possibilities related to the fourth IndustrialRevolution are increasing,” said Chang.
People-to-people ties between the two countries have strengthened. Vietnam isan attractive destination for Korean tourists. Some 1.5 million Korean visitorsvisited Vietnam in 2016. Vietnamese people, especially youngsters, are nowquite familiar with Korean culture.
The forum will feature presentations by both governments’ representatives,namely Deputy Prime Minister Of Vietnam Trinh Dinh Dung, VCCI Chairman Vu TienLoc, Korean Ambassador to Vietnam Lee Hyuk, and Lee In-ho, RoK Vice Ministerfor Trade, Industry and Energy.
It is also gathering speakers and decision makers across various industries,sharing visions and insights on a wide range of issues, including ‘New BusinessPartnership in the 4th Industrial Revolution Era’, ‘EnhancingKorea-Vietnam Cooperation’, ‘The currentstate of Hallyu (Korean Wave) in Vietnam’ and ‘The Future of Vietnam’s culturalindustry through Korea-Vietnam cooperation’.
Notably, the event will highlight the two countries’ efforts in strengtheningVietnam’s competitiveness in the 4th Industrial Revolution throughpublic-private cooperation, with key tasks including improving internet andenergy supply infrastructure, fostering professionals for the 21st century,and enhancing technological competitiveness.-VNA
Organised by Seoul-based Maekyung Media Group, the Korea Cultural IndustryForum and the Vietnam Chamber of Commerce and Industry (VCCI), the forumfocuses on building new partnerships, gathering some 350 participants, of whom70-80 people are CEOs.
“Since the beginning of diplomatic relations between the RoK and Vietnam in1992, the two countries have developed a strong bond. Now the two states areliving under a “one-day living zone”, said Chang Dae-whan, Chairman and Publisherof Maekyung Media Group.
“This year’s Korea-Vietnam Forum will be an opportunity to gather the brilliantminds of the world to find ways to reinvigorate the Korean economy throughstrengthening its ties with Vietnam,” Chang said.
Vietnam and the RoK’s fourth largest trading partner and investment destinationwhile the RoK is Vietnam’s third largest trading partner and largest foreigninvestor.
Trade between the two nations has increased 91-fold, from 500 million USD in1992 to 45.1 billion USD in 2016. The ASEAN-Korea FTA (2005), Vietnam’s joiningof the World Trade Organisation in 2007, and the Vietnam-Korea FTA (2015) havecontributed to expanding bilateral trade.
[PM promises optimal conditions to Korean investors]
“The investment of RoK companies in Vietnam has gradually advanced fromlabour-intensive industries such as sewing and textiles to high value-addedones. In particular, business possibilities related to the fourth IndustrialRevolution are increasing,” said Chang.
People-to-people ties between the two countries have strengthened. Vietnam isan attractive destination for Korean tourists. Some 1.5 million Korean visitorsvisited Vietnam in 2016. Vietnamese people, especially youngsters, are nowquite familiar with Korean culture.
The forum will feature presentations by both governments’ representatives,namely Deputy Prime Minister Of Vietnam Trinh Dinh Dung, VCCI Chairman Vu TienLoc, Korean Ambassador to Vietnam Lee Hyuk, and Lee In-ho, RoK Vice Ministerfor Trade, Industry and Energy.
It is also gathering speakers and decision makers across various industries,sharing visions and insights on a wide range of issues, including ‘New BusinessPartnership in the 4th Industrial Revolution Era’, ‘EnhancingKorea-Vietnam Cooperation’, ‘The currentstate of Hallyu (Korean Wave) in Vietnam’ and ‘The Future of Vietnam’s culturalindustry through Korea-Vietnam cooperation’.
Notably, the event will highlight the two countries’ efforts in strengtheningVietnam’s competitiveness in the 4th Industrial Revolution throughpublic-private cooperation, with key tasks including improving internet andenergy supply infrastructure, fostering professionals for the 21st century,and enhancing technological competitiveness.-VNA
VNA
