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Nghe An attends the Forum on Local Cooperation to promote investment and connect Vietnam - Korea trade; promotes cooperation with the Korean Federation of Small and Medium Enterprises (KBIZ)

Within the framework of the Program of participating in the Ministry of Foreign Affairs delegation to attend the Local Promotion Program in Korea, on the morning of September 18, 2025, the Nghe An provincial delegation led by Mr. Phung Thanh Vinh - Vice Chairman of the Provincial People's Committee had a working session with the Korean Federation of Small and Medium Enterprises (KBIZ). Also attending the working session were representatives of the Vietnamese Embassy in Korea, leaders of Nghe An, Quang Tri, and Tay Ninh provinces.

Sở Xây dựng tỉnh Nghệ AnSở Xây dựng tỉnh Nghệ An18/09/2025

KBIZ is an organization representing the interests of small and medium enterprises, supporting policy development, business environment, market connection, export support, training, experience and technology transfer, promoting participation in the global supply chain. Currently, KBIZ has more than 10,000 member enterprises operating in Vietnam. KBIZ has implemented many cooperation activities, organized many conference and seminar programs to support and connect businesses on both sides, and between businesses and the government.

English: The news

Vice Chairman of the Provincial People's Committee Phung Thanh Vinh presented a souvenir to a representative of the Korean Association of Small and Medium Enterprises.

Speaking at the conference, Vice Chairman of the Provincial People's Committee Phung Thanh Vinh emphasized: Nghe An - the hometown of President Ho Chi Minh - is a province with a strategic position in the North Central region, possessing a synchronous transport infrastructure system, conveniently connecting with the whole country and internationally. With more than 23 FDI projects of Korea operating effectively and two-way trade turnover reaching nearly 590 million USD in 2024, Korea is currently one of the leading important partners of Nghe An.

The Vice Chairman of the Provincial People's Committee affirmed that Nghe An is ready to cooperate with KBIZ in three key areas: Attracting investment in industrial parks and key economic zones such as Dong Nam and VSIP, WHA, Hoang Thinh Dat Industrial Parks in the fields of supporting industries, electronics, mechanics, agricultural and aquatic product processing, green technology; expanding trade, bringing agricultural, aquatic products and handicrafts of Nghe An to the Korean market and promoting tourism, supporting promotion, connecting tours between Korea and Nghe An, expanding cooperation in education and training. At the same time, he expressed his hope that KBIZ would pay attention to researching and implementing investment connection activities between Korean enterprises and Nghe An.

Nghe An province commits to accompany Korean enterprises according to the motto "5 readiness": readiness in planning, infrastructure, land, human resources and administrative procedures, to create the most favorable investment environment for the Korean small and medium-sized enterprise community when coming to Nghe An.

Mr. Choo Moon-gap - Head of KBIZ Economic Policy Department highly appreciated the potential and advantages of Nghe An province, especially in the fields of supporting industry, electronics, green technology and human resource training. Currently, Korea is shifting its investment to Vietnam. He affirmed that KBIZ will play an important role, promoting more and more Korean enterprises to pay attention and learn about investment and business opportunities in Vietnam in general and Nghe An in particular. In particular, Vietnamese workers are highly appreciated for their hard-working, diligent and responsible spirit; this is also the human resource that Korean small and medium enterprises welcome and prioritize.

The meeting took place in a friendly and open atmosphere, with many practical exchanges between provincial leaders, Korean enterprises and related partners. The two sides agreed to continue to maintain information exchange, promote trade and investment and expand cooperation activities in the coming time.

Previously, on the afternoon of September 17, 2025, the Nghe An Provincial Delegation attended the Vietnam - Korea Local Cooperation Forum on Investment Promotion and Trade Connection, chaired and organized by the Vietnam - Korea Business and Investment Association (VKBIA).

English: The news

Delegates attending the working session

In his welcoming speech, the Chairman of the Goyang City Council highly appreciated the potential for cooperation with the localities of Nghe An, Quang Tri and Tay Ninh. Goyang is not only a high-tech industrial center, but is also famous for the largest flower festival in Korea and advanced agriculture, and is ready to cooperate with Vietnamese localities.

VKBIA Chairman Tran Hai Linh affirmed that the forum is one of the meaningful activities organized by VKBIA to connect and promote cooperation between Vietnamese and Korean localities, contributing to the implementation of commitments and determination of the two countries' senior leaders, and at the same time believes that the localities will have many effective cooperation activities in the fields of high technology, agriculture and labor. Today's forum is a starting point, in the coming time, localities need to continue to exchange information, organize working groups to conduct field surveys and build specific cooperation programs.

English: The news

Signing of a memorandum of understanding between Nghe An Department of Foreign Affairs and the Vietnam - Korea Business and Investment Association

English: The news

Vice Chairman of the Provincial People's Committee Phung Thanh Vinh presented a souvenir to Chairman of the GoYang City People's Council Kim Un Nam

Also at the Forum, the Nghe An Provincial Department of Foreign Affairs signed a cooperation agreement with VKBIA. According to the signed content, the two sides agreed to coordinate to promote trade and investment promotion activities; support Nghe An enterprises and Korean enterprises to access the market, take advantage of opportunities from the Vietnam - Korea Free Trade Agreement (VKFTA). At the same time, organize conferences, seminars, talks, market surveys, share experiences and legal information, to improve the investment and business environment.

Source: Phan Tu-https://nghean.gov.vn

Source: https://xaydung.nghean.gov.vn/tin-hoat-dong/nghe-an-tham-du-dien-dan-hop-tac-dia-phuong-xuc-tien-dau-tu-va-ket-noi-giao-thuong-viet-han-thuc-974501


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