Seoul (VNA) – The Vietnam-Korea Businessmenand Investment Association (VKBIA) officially made its debut in Seoul onSeptember 25.
Addressing the launching ceremony, VKBIA Chairman Tran Hai Linh said members ofthe association will join hands and serve as a bridge to enhance relationsbetween Vietnam and the Republic of Korea (RoK).
He highlighted the significance of the establishment of the association, sayingthat it will contribute to realizing the target of 100 billion USD in bilateraltrade in 2020.
Linh hoped to get support from the Vietnamese Party, State and Government, aswell as assistance from the RoK’s authorities for the association’s activitiesin the coming time.
Vietnamese Deputy Ambassador to the RoK Tran Truong Thuy said that VKBIA’sformation offers a venue for the two countries’ entrepreneurs to shareexperience and ideas, thus developing rapidly and sustainably their operations andpromoting investment cooperation among them and expanding trade ties betweenVietnam and the RoK.
At the event, VKBIA signed a cooperation agreement with the VietnamFarms and Agricultural Enterprises Association (VFAEA)./.
