The Italian Chamber of Commerce in Vietnam and the Vietnam-Korea Business and Investment Association recently signed a memorandum of understanding to boost business connectivity between Vietnam, the Republic of Korea and Italy.

The signed MoU promotes partnerships between Italian, Korean and
Vietnamese businesses to seize cooperation opportunities from FTAs 

The signed MoU enables Vietnamese, Korean, and Italian businesses around the world to connect each other in order to enhance their partnership, seek investment and business opportunities at home and abroad, and assist Vietnamese firms in integration and development.

Addressing the signing ceremony, Italian Deputy Ambassador Paolo Epifani noted that Vietnam is a global potential market with almost 100 million consumers and the country has signed a number of new generation free trade agreements, opening up a wealth of opportunity for Italian and Korean businesses. 

We will work hard to realize cooperation projects and programmes put forward by the Italian Chamber of Commerce in Vietnam (ICHARM) and the Vietnam-Korea Business and Investment Association (VKBIA), said the diplomat.

VKBIA President Tran Hai Linh said VKBIA, alongside offices in Vietnam and the RoK, has representative offices in Switzerland and many other countries in the world, helping bring into full play cooperation opportunities between Vietnam, the RoK and European countries. 

Together with Korean and Italian investors, the Korean Chamber of Commerce in Vietnam (KOCHAM) and ICHAM will support and work toward building a global supply chain for businesses, Linh stressed. 

He revealed that ICHAM and VKBIA will co-host an online forum in early August focusing on business connectivity in post coronavirus economic recovery.