WTC BINH DUONG NEW CITY AND SIHEUNG INDUSTRIAL AGENCY SIGN MOU TO ENHANCE VIETNAM-KOREA TRADE

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WTC BINH DUONG NEW CITY AND SIHEUNG INDUSTRIAL AGENCY SIGN MOU TO ENHANCE VIETNAM-KOREA TRADE

From December 1-6th, 2024, Becamex IDC and World Trade Center Binh Duong New City (WTC BDNC) conducted a business trip to South Korea, focusing on strengthening international partnerships and exploring new opportunities for collaboration.

During the visit, WTC BDNC and the Siheung Industrial Development Agency have officially signed a Memorandum of Understanding (MOU) to strengthen economic ties and facilitate trade promotion between Vietnam and South Korea. This partnership is expected to open new pathways for Siheung-based small and medium-sized enterprises (SMEs) to enter and expand within the Vietnamese market.

The MOU marks a significant milestone in fostering industrial and economic exchange between the two nations. By combining their expertise, both organizations aim to create opportunities for Siheung businesses to establish a strong presence in Vietnam, one of Asia’s fastest-growing markets. This collaboration will also pave the way for increased bilateral trade and investment, enhancing economic cooperation at a regional and global level.

WTC BDNC will leverage its international network and expertise in trade promotion to support Korean businesses in navigating the Vietnamese market. From offering strategic connections to providing tailored business solutions, WTC BDNC is committed to fostering sustainable development and creating lasting partnerships.

The Siheung Industrial Development Agency reaffirmed its dedication to supporting local enterprises in expanding their global business footprint. Through this partnership, it aims to empower Siheung-based companies to seize opportunities in Vietnam while promoting innovation and economic growth.

This MOU not only signifies a deepened relationship between the two organizations but also reflects a shared vision of building stronger economic ties between Vietnam and South Korea. Both sides are committed to working closely to ensure the success of this partnership, contributing to the prosperity and development of businesses in both regions.

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