Culture - Sports

Vietnam-RoK trade, cultural festival opens in HCM City

A culture and trade exchange festival between Vietnam and the Republic of Korea (RoK) officially opened in Ho Chi Minh City on December 1.
Vietnam-RoK trade, cultural festival opens in HCM City ảnh 1Illustrative image (Source: EPA/TTXVN)

HCM City (VNA) – A culture andtrade exchange festival between Vietnam and the Republic of Korea (RoK) officiallyopened in Ho Chi Minh City on December 1.

The event features a trade fair ofagricultural produce, cosmetics and medicine alongside a cultural festival.

Organised by the Korean province ofGyeongsangbuk and the Vietnam Chamber of Commerce and Industry, the exchange programmesaw the participation of businesses from both countries.

Gyeongsangbuk’s deputy mayor Woo Byung Yoonsaid the event aims to boost mutual understanding, business partnerships andimport-export between the RoK and Vietnam.

Park Noh Wan, the RoK’s Consul General inHCM City, said the RoK considered Vietnam as a strategic partner in all fieldsfor mutual growth and benefits.

Meanwhile, Le Thanh Liem, Vice Chairman ofthe HCM City People’s Committee, noted that the RoK organised the largestnumber of economic and cultural exchange festivals in Vietnam this year as comparedto other countries.

Currently, there are about 4,500 Koreancompanies operating in Vietnam, with combined investment totaling 50 billionUSD.

Bilateral trade revenue is expected to hit40 billion USD in 2016, the highest figure ever recorded to date.-VNA
VNA
#culture and trade exchange #trade fair
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