The Vietnam-Korea Businessmen and Investment Association (VKBIA) launched its southern chapter at a ceremony in Busan on November 21.

At the launching ceremony

The chapter’s establishment aims to create a favourable environment to collect and attract Vietnamese and Korean businesses and entrepreneurs in Busan – Gyeongsangnamdo and adjacent areas, thus promoting investment opportunities and cooperation between Vietnam and the Republic of Korea (RoK).

The VKBIA is to enhance support for its chapters towards building a strongly connected community.

Vice President of VKBIA Steve Bui said the new chapter is part of the association’s plan to expand its network.

He expressed his hope for continued support from authorities in the two countries, helping the VKBIA and its chapters develop strongly in the future.

Addressing the ceremony, Tran Van Sinh from the Vietnam Fatherland Front Central Committee highly valued the VKBIA’s recent operations, saying that the establishment of the southern chapter will help foster collaboration between Vietnamese and Korean enterprises, contributing to promoting socio-economic development in both nations.

Nguyen Hoang Thu (Won Seo Yeong), who has been appointed head of the chapter, said she hopes the organisation will fully uphold its role in promoting connections between enterprises and entrepreneurs in Vietnam and the RoK.