Kim Ki-moon, Chairman of the Korea Federation of SMEs, Discusses Financial Cooperation Measures with Vietnamese Prime Minister Pham Minh Trinh

by times news cr

2024-07-02 05:34:27

Kim Ki-moon, Chairman of the Korea Federation of SMEs, and Vietnamese Prime Minister Pham Minh Trinh. Courtesy of the Korea Federation of SMEs

The Korea Federation of SMEs introduced that on the first, it met with Vietnamese Prime Minister Pam Minh Chinh, who was visiting Korea, on the Lotte Resort in Seoul and mentioned present points for SMEs in each international locations and financial cooperation measures.

On at the present time, from the Korean aspect, Chairman Kim Ki-moon of the Korea Federation of SMEs, President Kim Sung-tae of IBK Industrial Financial institution, Chairman Kim Shin-gil of the Korea Agricultural Equipment Trade Cooperative, Chairman Kang Dong-han of the Korea Forging Trade Cooperative, and Chairman Lee Younger-nam of Novas Straightforward attended. From the Vietnamese aspect, Prime Minister Pham Minh Chinh, Minister of Planning and Funding Nguyen Tri Dung, Minister of Trade and Commerce Nguyen Hong Dien, Deputy Governor of the Central Financial institution Pham Thanh Ha, First Vice Minister of Overseas Affairs Nguyen Minh Vu, and Vietnamese Ambassador to Korea Vu Ho attended.

The SME delegation attending the assembly recommended that Korea and Vietnam work collectively to foster robust SMEs that may contribute to the financial progress and industrial competitiveness of each international locations based mostly on the belief relationship that has been constructed between the 2 international locations over the previous 30 years.

Together with this, they conveyed the main administration difficulties of Korean SMEs advancing into Vietnam, equivalent to △ strengthening the competitiveness of the Korean-Vietnamese supplies, elements, and gear industries, △ resolving difficulties in issuing visas to Vietnamese expatriates, △ establishing measures to resolve energy provide instability in the course of the summer time, and △ simplifying environmental impression evaluation permits, and requested that these be mirrored when establishing native insurance policies in Vietnam.

Specifically, the Korea Federation of SMEs and IBK Industrial Financial institution of Korea additionally requested the immediate approval of an area company of IBK Industrial Financial institution of Korea, a financial institution specializing in SMEs.

Kim Ki-moon, Chairman of the Korea Federation of SMEs, mentioned, “88% of Korean corporations working in Vietnam are small and medium-sized enterprises, and so they have a mutually complementary financial cooperative relationship with Korea,” and added, “We plan to carry a Korea-Vietnam Funding Cooperation Discussion board in November in Vietnam on the event of the Prime Minister’s go to to Korea.”

Vietnamese Prime Minister Pham Minh Trinh responded, “I ask for lively development and funding enlargement of Korean SMEs in Vietnam, and I’ll actively cooperate in holding a Korea-Vietnam Funding Cooperation Discussion board along with the Vietnam Affiliation of SMEs.” He additionally mentioned, “We’ll actively evaluate the approval for the institution of an area company of the Industrial Financial institution of Korea and be sure that motion is taken as quickly as attainable.”

Reporter Ji Hee-soo [email protected]

Scorching information proper now

2024-07-02 05:34:27

You may also like

Leave a Comment